Overview
What is Bloomington Day Care Corp?
Bloomington Day Care Corp is a nonprofit organization situated in Bloomington, Indiana, specifically at PO Box 68. Their primary focus is on early childhood education, serving children from six weeks old up to eleven years. They offer an educational environment with qualified staff, emphasizing the importance of social interaction. The organization, which houses approximately 130 children across two locations, is accredited by the National Association for the Education of Young Children. With a team of 45 employees, Bloomington Day Care Corp provides a stimulating environment in all areas of early childhood education, ensuring a solid foundation for the learning journey of young minds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star Rating
Bloomington Day Care Corp has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 56% overall, with particular weaknesses noted in governance, as only 33% of its board members are independent. Furthermore, the charity lacks crucial financial transparency, as it has not provided its financial statements, which detracts from the trustworthiness of its operations.
Despite the rating's shortcomings, Bloomington Day Care Corp demonstrates a strong program expense ratio of 97.71%, suggesting that the vast majority of its funds are directed towards its programs. This indicates a commitment to its mission of providing care and support for children, though the lack of transparency and governance measures raises questions about the organization's overall management and effectiveness.
Limitations identified include missing critical policies such as conflict of interest and whistleblower policies, alongside a failure to list its website on tax forms. These deficiencies highlight the need for improvement in governance structures and transparency efforts to bolster accountability and trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomington Day Care Corp legitimate?
Bloomington Day Care Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomington Day Care Corp 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: $103,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $967,009
For more financial information, click here
What is the mission statement of Bloomington Day Care Corp?
Bloomington Day Care Corp's mission is centered around providing early childhood education. The corporation operates two locations, catering to approximately 130 children aged from six weeks to eleven years. Their mission involves creating a stimulating environment that fosters learning in various aspects of early childhood education. Bloomington Day Care Corp is accredited by the National Association for the Education of Young Children, ensuring the provision of high-quality education. The corporation emphasizes the importance of social interaction in the learning process, incorporating this into their educational approach.
Who is the CEO of Bloomington Day Care Corp?
Kelly Sipes is the President of Bloomington Day Care Corp.
What is the revenue of Bloomington Day Care Corp?
Bloomington Day Care Corp's revenue in 2023 was $1,883,907.
Who are the executives of Bloomington Day Care Corp and what are their salaries?
The average compensation at Bloomington Day Care Corp during 2023 was $23,798. There are 45 employees at Bloomington Day Care Corp.
Here are 3 key members and their salaries:
- Compensation: $103,920
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bloomington Day Care Corp?
Bloomington Day Care Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bloomington Day Care Corp
Bloomington Day Care Corp, a renowned institution, is dedicated to providing educational childcare services for children ranging from six weeks old to eleven years. Their mission is centered around creating an environment that stimulates growth in all aspects of early childhood education. The corporation is accredited by the National Association for the Education of Young Children, ensuring the highest standards of care and education are met. With a team of qualified staff, Bloomington Day Care Corp places a strong emphasis on social interaction, recognizing its importance in the learning process for young children.
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Impact
October, 2024
Bloomington Day Care Corp significantly impacts the Bloomington community by providing high-quality educational childcare for children ranging from six weeks to eleven years old. The organization emphasizes early childhood education, which is crucial in laying a foundation for lifelong learning.
With two locations serving about 130 children, Bloomington Day Care Corp creates a nurturing environment that stimulates development across all areas of early childhood education. The presence of qualified staff ensures that children receive not only academic instruction but also support in social interaction, a key factor in their overall growth and development.
Accredited by the National Association for the Education of Young Children, this organization meets high standards of care and education, fostering a positive and enriching atmosphere for young learners. Through its dedicated efforts, Bloomington Day Care Corp plays a vital role in enhancing the educational landscape of the community, promoting healthy development, and preparing children for future academic success.
This information is meant to be a general summary of Bloomington Day Care Corp. 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 2023.
- Investment Income: $206
- Program Service Revenue: $1,227,223
- Gross Receipts: $1,883,907
Assets and Liabilities:
- Total Assets: $161,607
- Total Liabilities: $48,248
- Net Assets: $113,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC INCOME
Revenue
$456
PROGRAM INCOME
Revenue
$1,165,885
REVENUES
Revenue
$60,882
USDA FOOD PROGRAM FEES
Organization Details
Founding Year
1979
Phone
(812) 339-8558Principal Officer
Kelly Sipes
Main Address
PO BOX 68, BLOOMINGTON, IN, 47402
NTEE Category
Code: P33 - Human services
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