Overview
What is Sterling Rock Falls Day Care Agency Inc?
Sterling Rock Falls Day Care Agency Inc, located at 1840 WEST LEFEVRE ROAD, Sterling, IL 61081, is a nonprofit organization dedicated to providing daycare services. Their primary mission is to cater to children who require public assistance or whose families are employed or have living conditions that may not be conducive to their normal mental and physical development. The agency employs a team of 48 individuals to deliver these crucial services, aiming to support the overall well-being and growth of the children in their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Sterling Rock Falls Day Care Agency Inc has achieved a Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The score is entirely derived from their solid performance in the Accountability & Finance category, indicating transparency and effective oversight of their resources. The agency's commitment to maintaining an independent board with full compliance is commendable, with all board members being independent.
The organization's strengths include a robust financial health profile, with a program expense ratio of 75.73%, signifying that a significant portion of their budget is directed towards program services. They have also established strong governance practices, evidenced by their conflict of interest policy and comprehensive audit procedures. Their liabilities to assets ratio stands at 45.74%, indicating a manageable level of debt relative to their assets.
While the rating does not mention any major limitations, it is essential for potential donors and stakeholders to consider the broader context of the organization's impact within the community. Overall, Sterling Rock Falls Day Care Agency Inc demonstrates a strong commitment to financial integrity and effective governance, making it a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sterling Rock Falls Day Care Agency Inc legitimate?
Sterling Rock Falls Day Care Agency Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sterling Rock Falls Day Care Agency 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $564,434
For more financial information, click here
What is the mission statement of Sterling Rock Falls Day Care Agency Inc?
Sterling Rock Falls Day Care Agency Inc's mission is centered around providing day care services for children in need of public assistance. This includes children who are receiving public aid, as well as those whose parents are employed or whose home environment may not be conducive to normal mental and physical development. The agency aims to offer a secure and nurturing environment that supports the overall well-being and development of these children. The primary goal is to ensure that these children receive the care they need, thereby enabling them to thrive in their formative years.
Who is the CEO of Sterling Rock Falls Day Care Agency Inc?
Darci Francis is the President of Sterling Rock Falls Day Care Agency Inc.
What is the revenue of Sterling Rock Falls Day Care Agency Inc?
Sterling Rock Falls Day Care Agency Inc's revenue in 2022 was $1,231,664.
Who are the executives of Sterling Rock Falls Day Care Agency Inc and what are their salaries?
The average compensation at Sterling Rock Falls Day Care Agency Inc during 2022 was $11,759. There are 48 employees at Sterling Rock Falls Day Care Agency Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sterling Rock Falls Day Care Agency Inc?
Sterling Rock Falls Day Care Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sterling Rock Falls Day Care Agency Inc
Sterling Rock Falls Day Care Agency Inc is committed to providing day care services for children who require public assistance. This mission stems from the recognition that these children may be receiving public aid or have parents employed or living situations that are not conducive to their normal mental and physical development. By offering day care services, the agency aims to contribute positively to the children's well-being and growth, ensuring they receive the care and support they need during their formative years.
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Impact
October, 2024
Sterling Rock Falls Day Care Agency Inc plays a vital role in the community by offering essential day care services to children in need. By catering specifically to those who are receiving public assistance, the agency helps ensure that vulnerable children have access to a safe and nurturing environment. This is crucial for their mental and physical development, particularly for those whose home life might be less than ideal.
The agency supports families by facilitating child care for parents who are employed or seeking work, allowing them to pursue their job opportunities with peace of mind. The services provided not only aid individual families but also contribute to the overall well-being of the community by promoting healthier development and social engagement among children. By addressing the needs of at-risk children, Sterling Rock Falls Day Care Agency Inc fosters a stronger, more resilient community where all children have the opportunity to thrive.
This information is meant to be a general summary of Sterling Rock Falls Day Care Agency 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.
- Investment Income: $245
- Program Service Revenue: $564,069
- Gross Receipts: $1,231,664
Assets and Liabilities:
- Total Assets: $1,731,779
- Total Liabilities: $902,087
- Net Assets: $829,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE PROVIDED
Revenue
$564,069
Organization Details
Founding Year
1976
Phone
(815) 626-7397Principal Officer
Darci Francis
Main Address
1840 WEST LEFEVRE ROAD, STERLING, IL, 61081
NTEE Category
Code: P33Z - Human services
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