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Ashtabula County Day Care Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341056631 ✦ Ashtabula, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ashtabula County Day Care Center Inc?

Ashtabula County Day Care Center Inc, located within Ashtabula County, serves as a vital nonprofit organization that specializes in child day care services. Their primary mission revolves around providing a nurturing environment for children, as evidenced by their generation of a substantial annual revenue of $1,452,797. This revenue underscores their commitment to delivering high-quality care, ensuring they remain a reliable resource for families in the area. The center's activities primarily focus on child day care, offering a supportive and educational setting for young children during the day.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 70%, Two-Star out of Four Star rating.

The Ashtabula County Day Care Center Inc has received a Two-Star rating from Charity Navigator, largely due to its score in the Accountability & Finance category. While the organization shows strengths in areas such as material asset management, program expenses, and fundraising efficiency, several critical aspects of its financial transparency and governance are lacking, leading to a mid-range score.

One of the notable strengths is the organization’s high program expense ratio of 94.11%, indicating a significant portion of its budget is directed towards its mission. Additionally, the center has a solid liability to assets ratio, showcasing financial stability. However, the absence of key financial documentation, such as financial statements and a comprehensive conflict of interest policy, raises concerns about its overall accountability.

Limitations in governance practices are evident, particularly with the independent board size and lack of transparency in financial reporting. This may affect stakeholder confidence in the organization’s operations. While it demonstrates a commitment to its core mission, the lack of robust financial policies and documentation could hinder its long-term effectiveness and reputation.


This AI summary has been generated from information found on Charity Navigator.

Is Ashtabula County Day Care Center Inc legitimate?

Ashtabula County Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashtabula County Day Care Center 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: $75,888
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,187,955

For more financial information, click here

What is the mission statement of Ashtabula County Day Care Center Inc?

Ashtabula County Day Care Center Inc, functioning as a child day care facility, does not provide an explicitly stated mission statement in the given information. However, its primary activity can be inferred as providing care and educational services for children, as indicated by the description of its operation as a child day care center. The center generated a significant revenue of $1,452,797 last year, suggesting its commitment to providing quality services. Nevertheless, further details on its mission, such as promoting child development, fostering a nurturing environment, or advocating for child rights, are not provided in the data.

Who is the CEO of Ashtabula County Day Care Center Inc?

Larina Spring is the Director of Ashtabula County Day Care Center Inc.

What is the revenue of Ashtabula County Day Care Center Inc?

Ashtabula County Day Care Center Inc's revenue in 2022 was $2,267,559.

Who are the executives of Ashtabula County Day Care Center Inc and what are their salaries?

The average compensation at Ashtabula County Day Care Center Inc during 2022 was $21,421. There are 59 employees at Ashtabula County Day Care Center Inc.


Here are 5 key members and their salaries:


Larina Spring (Director)
  • Compensation: $75,888
  • Related: $0
  • Other: $0
Kerry Vanderlind (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joelle Poploske (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arin Franklin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonette Koller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ashtabula County Day Care Center Inc?

Ashtabula County Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ashtabula County Day Care Center Inc

Ashtabula County Day Care Center Inc, as a nonprofit organization, is dedicated to providing child day care services. Their primary mission is to cater to the needs of young children, ensuring a secure and nurturing environment for their development. Last year, the center generated a substantial revenue of $1,452,797, indicating its commitment to delivering high-quality care. The center's operations extend beyond just day care, providing a comprehensive environment that supports the overall growth and well-being of the children under its care.

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Impact




October, 2024

Ashtabula County Day Care Center Inc plays a crucial role in the community by providing essential child day care services. With a significant revenue of $1,452,797 last year, the center is able to sustain and expand its operations, ensuring that children from the area receive quality care and early education. This not only supports working families in Ashtabula, Ohio, but also contributes to the developmental needs of children, helping to prepare them for success in school and beyond. The center’s commitment to high standards in child care positively impacts the local community by fostering a safe and nurturing environment for the youngest members of society.




This information is meant to be a general summary of Ashtabula County Day Care Center 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.

Revenue
$2,267,559 (2022)
Expenses
$1,884,297 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $364,270
  • Gross Receipts: $2,267,559

Assets and Liabilities:

  • Total Assets: $1,343,591
  • Total Liabilities: $69,570
  • Net Assets: $1,274,021

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES-FULL/PARTIAL PAYER

Revenue

$364,270

Organization Details

Founding Year

1970

Principal Officer

Larina Spring

Main Address

2012 WEST 11th STREET, ASHTABULA, OH, 44004

NTEE Category

Code: P33Z - Human services

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