Overview
What is Monroe Early Childhood Assoc Inc?
Monroe Early Childhood Assoc Inc, operating under the name Monroe Early Childhood Assoc I, is a nonprofit organization located at 60 Shanklin Ave, Union, West Virginia (WV 24983). With a team of 18 dedicated individuals, this organization is committed to providing high-quality daycare services for children aged six weeks to 12 years, offering enrollment opportunities for over 40 children. Their primary activity focuses on ensuring a nurturing and supportive environment for young learners, offering daycare services five days a week. The organization's mission is deeply rooted in the well-being and development of these young minds, making a significant impact on the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
Monroe Early Childhood Assoc Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. The organization achieved a score of 67%, reflecting some strengths but also considerable weaknesses, particularly in governance and transparency practices. Although it scored well in areas such as the absence of material diversion of assets and a high program expense ratio, critical components like independent board membership and proper policy documentation are lacking.
The organization has not demonstrated adequate independence on its board, with 0% independent members, which raises concerns about oversight and decision-making processes. Furthermore, several essential policies, including those regarding conflicts of interest and whistleblower protections, are missing, which could potentially expose the organization to risks. The absence of a website listed on the tax form and failure to post required documents further detracts from its transparency and accountability.
Despite these issues, Monroe Early Childhood Assoc Inc has shown commitment to its mission by directing all reported expenses towards programs. The organization is encouraged to address the noted deficiencies in governance and transparency to enhance its operational effectiveness and build greater trust with stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Monroe Early Childhood Assoc Inc legitimate?
Monroe Early Childhood Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe Early Childhood Assoc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $54,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,593
For more financial information, click here
What is the mission statement of Monroe Early Childhood Assoc Inc?
Monroe Early Childhood Assoc Inc's primary focus is on providing daycare services for children between the ages of six weeks and twelve years. Operating five days a week, the association accommodates over 40 enrolled children. In essence, their mission is centered around offering a nurturing environment that caters to the early developmental needs of these young individuals.
Who is the CEO of Monroe Early Childhood Assoc Inc?
Tina Johnson is the President of Monroe Early Childhood Assoc Inc.
What is the revenue of Monroe Early Childhood Assoc Inc?
Monroe Early Childhood Assoc Inc's revenue in 2022 was $635,613.
Who are the executives of Monroe Early Childhood Assoc Inc and what are their salaries?
The average compensation at Monroe Early Childhood Assoc Inc during 2022 was $14,180. There are 18 employees and 8 volunteers at Monroe Early Childhood Assoc Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Monroe Early Childhood Assoc Inc?
Monroe Early Childhood Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Monroe Early Childhood Assoc Inc
Monroe Early Childhood Assoc Inc is committed to providing daycare services for children ranging from six weeks old to twelve years of age. Operating five days a week, this nonprofit organization caters to the needs of over 40 enrolled children. Its primary mission is to offer a nurturing environment for these young individuals, ensuring their well-being and growth during their formative years. By doing so, Monroe Early Childhood Assoc Inc plays a crucial role in laying the foundation for their future development.
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Impact
July, 2024
Monroe Early Childhood Assoc Inc's impact is evident in the lives of families in Union, WV. By providing daycare services for children ages six weeks to 12 years, five days a week with an enrollment of 40 plus kids, this organization is supporting working parents and ensuring that children are in a safe and nurturing environment. Their commitment to offering quality childcare services contributes to the well-being of both children and their families, allowing parents to pursue their careers while knowing their children are in good hands. The organization's focus on human services underscores their dedication to supporting the community and promoting the healthy development of young children.
This information is meant to be a general summary of Monroe Early Childhood Assoc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $635,613
Assets and Liabilities:
- Total Assets: $296,722
- Total Liabilities: $10,024
- Net Assets: $286,698
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Organization Details
Founding Year
1975
Principal Officer
Tina Johnson
Main Address
60 Shanklin Ave, Union, WV, 24983
NTEE Category
Code: P33 - Human services
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