Overview
What is Tooney Town Early Learning Center Inc?
Toony Town Early Learning Center Inc, located in Owings Mills, Maryland, is a nonprofit organization that provides quality early learning and child care services to families in need. With a team of 30 dedicated individuals, their mission is centered around delivering top-notch educational experiences and care to those less fortunate. Their primary activity involves offering a nurturing environment where children can grow and learn, ensuring they have the best start in life. The center's services extend beyond just education, aiming to support families who might face financial challenges in accessing such resources.
Official website here: www.tooneytown.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
Tooney Town Early Learning Center Inc has received a low score of 27%, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization’s accountability and financial management. While the organization boasts a fully independent board of directors, the absence of essential financial statements and policies raises questions about transparency and governance practices.
The organization does show some strengths, such as having a majority of independent board members and no material diversion of assets reported. However, critical areas such as the lack of a conflict of interest policy, whistleblower policy, and proper documentation of board meeting minutes limit its overall financial health and accountability metrics. Additionally, a concerning program expense ratio of only 41.02% suggests that a considerable portion of resources may not be directed towards the intended programs.
Overall, while Tooney Town Early Learning Center Inc demonstrates some positive governance aspects, the significant gaps in financial reporting and policy development highlight areas needing improvement to ensure responsible stewardship of donor funds and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Tooney Town Early Learning Center Inc legitimate?
Tooney Town Early Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tooney Town Early Learning 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $579,847
For more financial information, click here
Official website here: www.tooneytown.org
What is the mission statement of Tooney Town Early Learning Center Inc?
Tooney Town Early Learning Center Inc's mission is centered around providing high-quality child care and educational services to individuals who are less fortunate. The organization strives to make a positive impact in these children's lives by offering an education that fosters their growth and development. Their goal is to ensure that every child, regardless of their circumstances, has access to a nurturing learning environment. Tooney Town Early Learning Center Inc also seeks to support families who may be financially disadvantaged, providing them with essential care and education for their children.
Official website here: www.tooneytown.org
Who is the CEO of Tooney Town Early Learning Center Inc?
Glenesa D Swann is the Finance Director of Tooney Town Early Learning Center Inc.
Official website here: www.tooneytown.org
What is the revenue of Tooney Town Early Learning Center Inc?
Tooney Town Early Learning Center Inc's revenue in 2022 was $1,817,776.
Official website here: www.tooneytown.org
Who are the executives of Tooney Town Early Learning Center Inc and what are their salaries?
The average compensation at Tooney Town Early Learning Center Inc during 2022 was $20,995. There are 30 employees at Tooney Town Early Learning Center Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tooneytown.org
Where can I find the form 990 for Tooney Town Early Learning Center Inc?
Tooney Town Early Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tooneytown.org
Learn more at the official website: www.tooneytown.org
Mission Statement of Tooney Town Early Learning Center Inc
Tooney Town Early Learning Center Inc, as a nonprofit organization, is committed to providing high-quality child care and educational services to those who are less fortunate. The center's mission is to ensure that every child in its care receives an excellent education, regardless of their financial situation. By offering quality child care, Tooney Town Early Learning Center Inc aims to support the growth and development of young minds, providing them with a strong foundation for their future. The center's services are designed to empower children from disadvantaged backgrounds, giving them the opportunity to thrive and succeed.
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Impact
October, 2024
Tooney Town Early Learning Center Inc has a significant impact on the community by providing quality child care and educational services to children from less fortunate backgrounds. Located in Owings Mills, MD, the center focuses on ensuring that these children receive the foundational education and care they need for healthy development.
By prioritizing early learning, Tooney Town helps bridge the educational gap for children who may otherwise lack access to essential resources and learning opportunities. This commitment not only enhances individual children's prospects but also contributes to the overall well-being of families and the community. The center’s programs are designed to foster curiosity, social skills, and a love of learning, ultimately empowering children to succeed in their educational journeys and beyond.
This information is meant to be a general summary of Tooney Town Early Learning 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,817,776
- Gross Receipts: $1,817,776
Assets and Liabilities:
- Total Assets: $754,861
- Total Liabilities: $0
- Net Assets: $754,861
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$1,793,776
CAP One savings account
Revenue
$24,000
Organization Details
Founding Year
2001
Phone
(410) 363-7906Principal Officer
Glenesa D Swann
Main Address
10999 Red Run blvd APT 205, Owings Mills, MD, 21117
Website
www.tooneytown.orgNTEE Category
Code: B21 - Education
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