Overview
What is Effingham Child Development Center?
The Effingham Child Development Center, located at 1101 Holly Drive, Effingham, Illinois 62401, is a nonprofit organization dedicated to providing affordable child care services for working parents. Established with a mission to cater to infants to 13-year-olds, the center operated five days a week, from Monday to Friday, throughout the year until June 30, 2023. Its hours of operation were from 6:30 AM to 5:00 PM, and it served approximately 99 children during this period. The center's primary goal is to bridge the gap for parents who find traditional child care facility costs unattainable. The center's staff, totaling 36 individuals, work tirelessly to ensure a nurturing and safe environment for the children under their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Stars
Effingham Child Development Center has earned an 86% rating from Charity Navigator, indicating a solid financial health and accountability framework, which contributes to its Three-Star status. The overall score is derived entirely from its performance in the Accountability & Finance beacon, showcasing strong operational effectiveness and fiscal responsibility.
The organization demonstrates robust governance with a fully independent board comprising eight members, scoring full points in both board independence and size. Furthermore, it has an effective audit and oversight committee, a strong conflict of interest policy, and transparency in documenting board meeting minutes, all contributing to its high accountability rating.
Financially, Effingham Child Development Center shows a commendable program expense ratio of nearly 92%, indicating a substantial portion of its funds is directed towards its programs. Its liabilities to assets ratio stands at 30.07%, reflecting sound financial management with no reported material diversion of assets. Overall, while the organization exhibits strong financial practices, ongoing engagement and program impact assessments may further enhance its effectiveness and community reach.
This AI summary has been generated from information found on Charity Navigator.
Is Effingham Child Development Center legitimate?
Effingham Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Effingham Child Development Center 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: $51,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $508,246
For more financial information, click here
What is the mission statement of Effingham Child Development Center?
The Effingham Child Development Center's mission is centered around providing affordable child care services for working parents. Specifically, it caters to children ranging from infancy to the age of 13. The center operates five days a week, from early morning until late afternoon, and was serving approximately 99 children as of June 30, 2023. Its primary goal is to alleviate the financial burden associated with traditional child care facility costs for these working parents.
Who is the CEO of Effingham Child Development Center?
Kayla Duncan is the Board Member of Effingham Child Development Center.
What is the revenue of Effingham Child Development Center?
Effingham Child Development Center's revenue in 2023 was $811,328.
Who are the executives of Effingham Child Development Center and what are their salaries?
The average compensation at Effingham Child Development Center during 2023 was $15,538. There are 36 employees and 15 volunteers at Effingham Child Development Center.
Here are 9 key members and their salaries:
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- Compensation: $49,843
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Where can I find the form 990 for Effingham Child Development Center?
Effingham Child Development Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Effingham Child Development Center
Effingham Child Development Center, a nonprofit organization, is dedicated to providing a vital service for working parents who struggle with the high costs of traditional daycare. Its mission is to offer affordable child care services, catering to children from infancy up to the age of 13. The center operates five days a week, from 6:30 AM to 5:00 PM, providing a safe and nurturing environment for approximately 99 children throughout the year. The center's operation allows these parents to continue their employment, ensuring a stable financial situation for their families.
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Impact
October, 2024
Effingham Child Development Center significantly impacts the community by providing essential child care services to working parents who face financial barriers to traditional daycare. By offering care for children from infants up to 13 years old, the center ensures that these families can pursue their employment opportunities without the stress of childcare-related challenges.
Open five days a week throughout the year, the center accommodates approximately 99 children, operating from 6:30 AM to 5:00 PM, which aligns with the typical work hours of many parents. This flexible care structure not only supports parents in maintaining their jobs but also fosters a nurturing environment for children's growth and development.
By alleviating the financial burden of childcare, Effingham Child Development Center enhances the quality of life for families in Effingham, Illinois, allowing them to thrive both professionally and personally.
This information is meant to be a general summary of Effingham Child Development Center. 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 2023.
- Investment Income: $230
- Program Service Revenue: $363,250
- Gross Receipts: $811,328
Assets and Liabilities:
- Total Assets: $719,456
- Total Liabilities: $216,402
- Net Assets: $503,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PARENTS
Revenue
$363,250
Organization Details
Founding Year
1972
Phone
(217) 342-3062Principal Officer
Kayla Duncan
Main Address
1101 HOLLY DRIVE, EFFINGHAM, IL, 62401
NTEE Category
Code: P33Z - Human services
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