Overview
What is Ravenswood Community Daycare Inc?
Ravenswood Community Daycare Inc, operating under the name Ravenswood Community Childcare Center, is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to provide high-quality daycare services to the community, catering to children as young as six weeks up to five years old, five days a week. The daycare program is funded through service fees and donations. The organization also runs the Parenting Progress Program, which serves teen parents by offering daycare for their children while the teens pursue education, work, and sometimes even college. This program is subsidized by a government grant and private donations. The Ravenswood Community Daycare Inc Board of Directors has committed to reducing tuition fees for the teen program to facilitate the teens' continued education. The organization aims to nurture young children and support their parents, particularly teen parents, in their educational and professional pursuits.
Official website here: www.rc4cares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Ravenswood Community Daycare Inc, operating as Ravenswood Community Childcare Center, has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects a commitment to transparency and responsible management of resources, essential for fostering trust among donors and the community.
One of the significant strengths of this organization is its fully independent board, with 100% of board members being independent. This structure enhances governance and decision-making processes. Additionally, the organization has demonstrated excellent financial practices, as shown by its low liabilities to assets ratio of 12.11% and a high program expense ratio of 78.23%, indicating that a substantial portion of their expenditures directly supports their programs.
The organization also exhibits strong policies governing conflict of interest, whistleblower protections, and document retention. These measures contribute to their robust accountability framework, which is vital for maintaining donor confidence and ensuring effective service delivery in the community. Overall, Ravenswood Community Daycare Inc stands out as a well-managed nonprofit with a clear focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ravenswood Community Daycare Inc?
While Ravenswood Community Daycare Inc has not yet received a formal rating, the early reviews highlight a positive perception among users. One review particularly stands out, emphasizing the staff's attentiveness and how special they make families and children feel.
This sentiment reflects a genuine appreciation for the care and dedication shown by the team at the daycare. It appears that families feel valued and supported in this nurturing environment, which could suggest that the nonprofit is on the right track in fulfilling its mission.
Overall, the comments point to a strong commitment from the staff, indicating that they are focused on providing a warm and engaging experience for the children and their families.
This AI summary has been generated from reviews found on Facebook.
Is Ravenswood Community Daycare Inc legitimate?
Ravenswood Community Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ravenswood Community Daycare 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: $69,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,825
For more financial information, click here
Official website here: www.rc4cares.org
What is the mission statement of Ravenswood Community Daycare Inc?
Ravenswood Community Daycare Inc, operating as Ravenswood Community Childcare Center, is committed to providing high-quality daycare services to the community. Their mission encompasses two integrated programs: the first being a daycare service and developmental teaching for children aged six weeks to five years, five days a week, funded through fees and donations. The second program, the Parenting Progress Program, serves teen parents by providing daycare for their children while they pursue education or employment. This program is subsidized by a government grant and private donations. The Ravenswood Community Daycare Inc board of directors has made a commitment to reduce tuition fees for the teen program to support their continued education.
Official website here: www.rc4cares.org
Who is the CEO of Ravenswood Community Daycare Inc?
Ray Erickson is the President of Ravenswood Community Daycare Inc.
Official website here: www.rc4cares.org
What is the revenue of Ravenswood Community Daycare Inc?
Ravenswood Community Daycare Inc's revenue in 2022 was $916,305.
Official website here: www.rc4cares.org
Who are the executives of Ravenswood Community Daycare Inc and what are their salaries?
The average compensation at Ravenswood Community Daycare Inc during 2022 was $20,108. There are 30 employees and 7 volunteers at Ravenswood Community Daycare Inc.
Here are 8 key members and their salaries:
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- Compensation: $61,227
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- Other: $5,041
Official website here: www.rc4cares.org
Where can I find the form 990 for Ravenswood Community Daycare Inc?
Ravenswood Community Daycare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rc4cares.org
Learn more at the official website: www.rc4cares.org
Mission Statement of Ravenswood Community Daycare Inc
Ravenswood Community Daycare Inc, operating as Ravenswood Community Childcare Center, is dedicated to providing quality daycare services to the members of its community. The organization's mission is centered around nurturing young children, with two integrated programs that embody this objective. The larger program serves families within the community by offering daycare and developmental teaching for children aged six weeks to five years, five days a week. This program operates on a fee-for-service basis and relies on contributions from donors.
The second related and integrated program is the Parenting Progress Program, which serves teen parents by providing daycare for their children while the teens pursue their education, work, and often, college. Simultaneously, the teens are mentored by a Parenting Progress Coordinator who also offers classes in parenting skills, job coaching, health and wellness, among other resources. The Teen Program is subsidized by a government grant, Action for Children, as well as private donations. The Ravenswood Community Daycare Inc Board of Directors has made a commitment to offer reduced tuition to the teens, enabling them to continue their education. Through these programs, Ravenswood Community Daycare Inc aims to support the growth and development of children in its community, while also empowering their teenage parents.
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Impact
October, 2024
Ravenswood Community Daycare Inc significantly impacts the Ravenswood community by providing essential daycare services that cater to the developmental needs of young children while simultaneously supporting their families, particularly teen parents. The larger program serves children from six weeks to five years old, ensuring they receive quality care and developmental teaching five days a week. This foundation allows children to thrive in a nurturing environment, crucial for their early growth and education.
In addition to its primary daycare services, Ravenswood Community Daycare Inc hosts the Parenting Progress Program, specifically designed for teen parents. This integrated program not only offers childcare so that these young parents can pursue their education and career opportunities but also provides mentoring and important life skills training. Through classes in parenting skills, job coaching, and health and wellness, the program empowers teen parents to take charge of their lives and aspire towards higher education.
By offering reduced tuition for the children of teen parents, the daycare plays a critical role in facilitating educational advancement and workforce integration for these families. Overall, Ravenswood Community Daycare Inc fosters a supportive and developmental environment that nurtures both children and their parents, thereby strengthening the community as a whole.
This information is meant to be a general summary of Ravenswood Community Daycare 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: $116
- Program Service Revenue: $679,058
- Gross Receipts: $916,305
Assets and Liabilities:
- Total Assets: $453,125
- Total Liabilities: $151,812
- Net Assets: $301,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY CARE FEES
Revenue
$645,496
GOVERNMENT SUBSIDIZED
Revenue
$33,562
Organization Details
Founding Year
1999
Phone
(773) 271-4495Principal Officer
Ray Erickson
Main Address
4908 N DAMEN AVENUE, CHICAGO, IL, 60625
Website
www.rc4cares.orgNTEE Category
Code: P33 - Human services
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