Overview
What is Marymount Child Care Center?
Marymount Child Care Center is a nonprofit organization that provides child care services in a secure and religiously-inspired environment. Their main objective is to cater to the community's needs by delivering child care services in line with Catholic values. The center aims to foster the overall development of children, enhancing their academic, motor, and language skills, among others. Marymount Child Care Center serves as a supportive environment that nurtures and encourages each child's growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Marymount Child Care Center demonstrates exceptional accountability and financial integrity, reflected in its impressive four-star rating from Charity Navigator. The charity's score is solely derived from its financial performance, showcasing a perfect score in several key areas, including independent board membership and financial statement reviews. The organization has a robust governance structure, with all board members being independent and adhering to effective policies such as conflict of interest and whistleblower protections.
The financial health of Marymount Child Care Center is notably strong, with a 0.00% liabilities to assets ratio and a program expense ratio of 100%. This suggests that all of its resources are directed towards its mission, indicating efficient use of funds. The transparency and thoroughness in its financial practices are commendable and contribute to the organization's positive reputation within the nonprofit sector.
While the rating highlights numerous strengths, the assessment primarily focuses on financial aspects, and there may be limited insights into programmatic outcomes or community impact. However, the solid governance and financial management practices instill confidence in potential donors regarding the effective operation of the center.
This AI summary has been generated from information found on Charity Navigator.
Is Marymount Child Care Center legitimate?
Marymount Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marymount Child Care Center 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: $47,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $412,873
For more financial information, click here
What is the mission statement of Marymount Child Care Center?
The Marymount Child Care Center's mission is centered around providing child care services in a safe and religiously-oriented environment. This mission aligns with Catholic values and aims to cater to the needs of the local community. The center's primary objective is to facilitate the overall development of children, encompassing their academic, motor, and perceptional skills, as well as language abilities.
What is the revenue of Marymount Child Care Center?
Marymount Child Care Center's revenue in 2024 was $921,193.
Who are the executives of Marymount Child Care Center and what are their salaries?
The average compensation at Marymount Child Care Center during 2024 was $21,934. There are 21 employees and 5 volunteers at Marymount Child Care Center.
Here are 4 key members and their salaries:
- Compensation: $47,740
- 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 Marymount Child Care Center?
Marymount Child Care Center's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Marymount Child Care Center
Marymount Child Care Center is dedicated to fulfilling its mission of providing child care services in a secure and religiously-inspired environment. This nonprofit organization aims to cater to the needs of its local community by offering child care services that align with Catholic religious values. The center's primary focus is on assisting each child in their development, encompassing academic, motor, perceptional, and language skills. By offering these services, Marymount Child Care Center seeks to contribute positively to the growth and well-being of the children it serves.
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Impact
October, 2024
Marymount Child Care Center significantly impacts the Garfield Heights community by providing essential child care services in a nurturing and safe environment. By embedding Catholic values into its operations, the center addresses the specific needs of local families, ensuring children receive not only care but also a foundation rooted in ethical and religious principles.
The center focuses on holistic child development, aiding children in enhancing their academic, motor, perceptional, and language skills. This comprehensive approach supports their growth and prepares them for future educational endeavors, fostering a well-rounded development. Moreover, the center's commitment to creating a safe space allows parents to feel secure as they balance work and family responsibilities. Through its dedication to these values, Marymount Child Care Center plays a crucial role in strengthening the fabric of the community while nurturing the next generation.
This information is meant to be a general summary of Marymount Child Care Center. 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 2024.
- Investment Income: $7,158
- Program Service Revenue: $840,451
- Gross Receipts: $921,193
Assets and Liabilities:
- Total Assets: $645,935
- Total Liabilities: $0
- Net Assets: $645,935
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE SERV REVENUE
Revenue
$840,451
Organization Details
Founding Year
1991
Principal Officer
Michelle Kreiger
NTEE Category
Code: P33Z - Human services
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