Overview
What is Providers Choice Inc?
Providers Choice Inc is a dedicated nonprofit organization based in Minneapolis, Minnesota, with a passion for children's nutrition and development. They administer the Child and Adult Care Food Program for private daycare facilities, ensuring the health and well-being of young learners. By providing education, enrichment, and assistance to child care providers, they aim to support their personal growth and promote child care as a profession. With a commitment to integrity and high standards, they serve over 51,000 children in family child care programs and child care centers. In FY22, they served 13.9 million meals and snacks and supported 3,375 family child care providers and 83 child care centers. Providers Choice also increased staff support through training opportunities and employee gatherings, and aimed to grow the number of child care centers participating in their program.
Official website here: www.providerschoice.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Providers Choice Inc has achieved an 81% score, which reflects a solid level of accountability and financial health. The organization excels with a perfect score in several categories, such as having a majority of independent board members and maintaining comprehensive financial oversight practices. Their program expense ratio is notably high at 99.60%, indicating a strong commitment to their mission and effective use of resources.
However, the charity's overall score is impacted by a lower score in the liabilities to assets ratio, which stands at 77.67%. This suggests potential concerns regarding financial leverage and long-term sustainability. While the organization demonstrates transparency and good governance, stakeholders may want to consider the implications of its financial structure.
Overall, Providers Choice Inc is recognized for its commitment to accountability and effective use of funds, making it a commendable choice for donors who prioritize these values. Nevertheless, prospective supporters should be aware of the financial liabilities relative to its assets as part of their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Providers Choice Inc?
While Providers Choice Inc has not yet accumulated an official rating due to the limited number of reviews, feedback from the four available reviews indicates a positive sentiment towards the nonprofit. Reviewers express appreciation for the organization, highlighting it as an excellent source of support for family daycare providers.
Overall, the comments reflect satisfaction with the services offered, suggesting that Providers Choice Inc effectively supports its community. Users find the organization to be valuable in the realm of daycare resources, demonstrating a commitment to aiding family daycare providers in their endeavors.
This AI summary has been generated from reviews found on Facebook.
Is Providers Choice Inc legitimate?
Providers Choice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providers Choice 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: $291,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,487,094
For more financial information, click here
Official website here: www.providerschoice.com
What is the mission statement of Providers Choice Inc?
Providers Choice Inc, as a mission, focuses on administering the Child and Adult Care Food Program for private day care facilities. Their primary goal is to ensure the health and well-being of children in day care, while also stretching and supporting caregivers. This organization strives to promote child care as a profession and fosters a supportive environment for personal growth and success for all employees. Providers Choice Inc seeks to provide education, enrichment, and assistance to individuals engaged in child care services, ultimately contributing to the betterment of children's lives and the development of caregivers.
Official website here: www.providerschoice.com
Who is the CEO of Providers Choice Inc?
Kathleen Abernathy is the Ceo of Providers Choice Inc. The CEO's salary of Providers Choice Inc is $128,026 and their total compensation is $136,878.
Official website here: www.providerschoice.com
What is the revenue of Providers Choice Inc?
Providers Choice Inc's revenue in 2022 was $25,739,223.
Official website here: www.providerschoice.com
Who are the executives of Providers Choice Inc and what are their salaries?
The average compensation at Providers Choice Inc during 2022 was $49,400. There are 36 employees and 6 volunteers at Providers Choice Inc.
Here are 9 key members and their salaries (Providers Choice Inc's CEO's salary is $128,026 and their total compensation is $136,878):
- Compensation: $128,026
- Related: $0
- Other: $8,852
- Compensation: $103,600
- Related: $0
- Other: $34,296
- Compensation: $92,680
- Related: $0
- Other: $16,722
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.providerschoice.com
Where can I find the form 990 for Providers Choice Inc?
Providers Choice Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.providerschoice.com
Learn more at the official website: www.providerschoice.com
Mission Statement of Providers Choice Inc
Providers Choice Inc, a mission-driven organization, focuses on administering the Child and Adult Care Food Program for private day care facilities. By doing so, PCI aims to ensure the health and well-being of children in day care, support caregivers, and promote child care as a profession. In simple terms, PCI's primary objective is to create an enabling environment for child care providers, enabling them to nurture and care for young children effectively.
Furthermore, Providers Choice Inc goes beyond mere administration to provide education, enrichment, and assistance to persons involved in child care services. This approach extends beyond the scope of providing essential resources and support. By fostering a conducive environment for personal growth and success, PCI enables its employees and the caregivers it serves to thrive. PCI's ultimate goal is to create a vibrant, supportive community where individuals are empowered to excel in their roles and make a positive impact on the lives of the children in their care.
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Impact
October, 2024
Providers Choice Inc plays a crucial role in enhancing the nutritional standards and overall well-being of children enrolled in child care facilities across Minnesota. By administering the Child and Adult Care Food Program (CACFP), they ensure that thousands of children receive nutritious meals and snacks, positively impacting their growth and development. In the fiscal year 2022 alone, Providers Choice served over 13 million meals and supported nearly 52,000 children in family child care programs and centers.
Their commitment to integrity and high standards is evident through the strong relationships they maintain with federal and state agencies, including the USDA and the Minnesota Department of Education. These partnerships allow Providers Choice to advocate effectively for policies that benefit child care providers and the children they serve. They are especially proactive in offering training and technical assistance to child care providers, which ensures that caregivers are well-equipped to support the nutritional needs of young learners during critical stages of development.
Furthermore, Providers Choice has taken significant steps to support family child care providers by facilitating access to higher reimbursement rates for meals and snacks. Initiatives like the Keep Kids Fed Act allowed all participating family child care homes to benefit from these enhancements, ultimately leading to increased financial support for caregivers who are essential to children's early education and welfare.
With a focus on continuous improvement, Providers Choice has also expanded its outreach and marketing efforts, seeking to onboard more child care centers and homes into their system. Through strategic changes and the implementation of technology to streamline operations, they have improved oversight, customer service, and reimbursement processes, making it easier for providers to focus on what they do best: caring for children.
In summary, Providers Choice Inc's impact is profound, as it not only addresses the immediate nutritional needs of children but also strengthens the child care profession as a whole, ensuring that providers have the necessary support and resources to thrive.
This information is meant to be a general summary of Providers Choice 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: $19,293
- Gross Receipts: $25,739,223
Assets and Liabilities:
- Total Assets: $3,401,298
- Total Liabilities: $2,822,298
- Net Assets: $579,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION REVENUE
Revenue
$19,293
Organization Details
Founding Year
1984
Phone
(952) 345-8110Principal Officer
Kathleen Abernathy
Main Address
7301 OHMS LANE STE 210, MINNEAPOLIS, MN, 55439
Website
www.providerschoice.comNTEE Category
Code: P33 - Human services
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