Overview
What is Mothers Touch Ii Inc?
Mothers Touch II Inc, situated in Chicago, IL, is a nonprofit that specializes in offering daycare services. Their primary mission is to cater to the local community, providing top-notch daycare facilities for working families. Recognizing the challenges that many families face due to their social and economic circumstances, Mothers Touch II strives to support students in achieving their educational goals within this setting. Their commitment extends beyond mere childcare, aiming to make a significant impact on the lives of those they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Mothers Touch II Inc has received a strong score of 77% from Charity Navigator, indicating a solid level of accountability and financial health. The rating reflects the organization's commitment to transparency, with an independent board composed of 100% independent members and a robust audit and oversight committee. The program expense ratio is also commendable, with 75.30% of expenses dedicated to programs, showcasing a focus on its mission.
However, there are some areas for improvement, particularly in the liabilities to assets ratio, which stands at 59.99%. This suggests that the organization may face challenges in its financial stability compared to its assets. Additionally, the salaries of key personnel indicate a significant remuneration for leadership, which could raise questions about the allocation of funds. Nonetheless, the charity maintains a clear conflict of interest policy, which contributes positively to its governance.
Overall, while Mothers Touch II Inc demonstrates a commitment to accountability and program spending, it may need to address its financial ratios and compensation structures to enhance its overall sustainability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mothers Touch Ii Inc legitimate?
Mothers Touch Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mothers Touch Ii 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: $205,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,528
For more financial information, click here
What is the mission statement of Mothers Touch Ii Inc?
Mothers Touch II, an organization offering daycare services, is committed to providing quality care for working families in the community. Their mission is to support students, irrespective of their social and economic backgrounds, in achieving their educational goals. The institution is dedicated to enhancing the overall development and well-being of the children under its care, thereby contributing positively to their future prospects.
Who is the CEO of Mothers Touch Ii Inc?
Ethel Daniel is the President of Mothers Touch Ii Inc.
What is the revenue of Mothers Touch Ii Inc?
Mothers Touch Ii Inc's revenue in 2022 was $590,349.
Who are the executives of Mothers Touch Ii Inc and what are their salaries?
The average compensation at Mothers Touch Ii Inc during 2022 was $30,579. There are 13 employees at Mothers Touch Ii Inc.
Here are 5 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $85,000
- 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 Mothers Touch Ii Inc?
Mothers Touch Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mothers Touch Ii Inc
Mothers Touch II, a nonprofit organization, is dedicated to offering daycare services to the community, specifically catering to working families. The mission of Mothers Touch II is to provide high-quality daycare, aiming to support students in achieving their educational goals despite their social and economic challenges. The organization strives to make a difference in these students' lives, ensuring that their daycare experience does not hinder their educational progress.
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Impact
July, 2024
Mothers Touch II Inc's impact is significant in providing quality daycare services to working families in the surrounding community of Chicago, IL. By offering programs that support children in achieving their educational goals despite their social and economic conditions, Mothers Touch II Inc plays a vital role in supporting the development and well-being of the community's children. Through their commitment to human services, Mothers Touch II Inc helps working parents by providing a safe and nurturing environment for their children, thereby enabling them to contribute to the workforce with peace of mind.
This information is meant to be a general summary of Mothers Touch Ii 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: $166,698
- Gross Receipts: $590,349
Assets and Liabilities:
- Total Assets: $922,623
- Total Liabilities: $582,547
- Net Assets: $340,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parental Payments
Revenue
$166,698
Organization Details
Phone
(773) 436-1787Principal Officer
Ethel Daniel
Main Address
2501 W 71st Street, Chicago, IL, 60629
NTEE Category
Code: P33 - Human services
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