Overview
What is Care-O-Sel Daycare Inc?
Care-O-Sel Daycare Inc, located in Virden, Illinois, is a nonprofit organization primarily focused on offering child care services and an educational curriculum. Established with the mission of catering to children in the local area, Care-O-Sel accepts children from infancy through early elementary grades. With a dedicated workforce of 29 individuals, the organization provides a nurturing environment that blends child care and education, ensuring the holistic development of its young charges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Care-O-Sel Daycare Inc has received a rating of 71%, indicating a need for improvement in its operations and accountability measures. The organization boasts a fully independent board, which is a positive indicator of governance. Additionally, it shows a low material diversion of assets and implements conflict of interest and whistleblower policies, reflecting a commitment to ethical practices.
However, the nonprofit faces challenges in financial transparency, as it did not provide financial statements, which significantly impacts its overall score. The program expense ratio is relatively healthy at 67.09%, suggesting that a majority of its funds are directed toward its programs. Still, the lack of financial documentation raises concerns about the organization’s fiscal accountability and operational transparency.
In summary, while Care-O-Sel Daycare demonstrates strong governance and prioritizes its programmatic efforts, its financial reporting gaps hinder a complete assessment of its effectiveness and sustainability. Stakeholders may want to seek further information regarding its financial practices to ensure the organization's reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Care-O-Sel Daycare Inc legitimate?
Care-O-Sel Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Care-O-Sel 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: $161,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,088
For more financial information, click here
What is the mission statement of Care-O-Sel Daycare Inc?
Care-O-Sel Daycare Inc was established with the objective of offering child care services and an educational curriculum for children residing in various age groups, ranging from infants to those in early elementary grades. The organization's primary mission is to cater to the child care needs of this age group, ensuring a nurturing and educational environment for their development. By providing such services, Care-O-Sel Daycare Inc aims to contribute positively to the overall growth and well-being of these young individuals.
What is the revenue of Care-O-Sel Daycare Inc?
Care-O-Sel Daycare Inc's revenue in 2020 was $1,116,457.
Who are the executives of Care-O-Sel Daycare Inc and what are their salaries?
The average compensation at Care-O-Sel Daycare Inc during 2020 was $23,915. There are 29 employees at Care-O-Sel Daycare Inc.
Here are 10 key members and their salaries:
- Compensation: $64,646
- Related: $0
- Other: $0
- Compensation: $59,283
- Related: $0
- Other: $0
- Compensation: $37,521
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Care-O-Sel Daycare Inc?
Care-O-Sel Daycare Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Care-O-Sel Daycare Inc
Care-O-Sel Daycare Inc, a renowned organization, was established with a mission to serve the children in the Virden area. Their primary objective is to provide high-quality child care services and an educational curriculum for infants up to early elementary school-aged children. The organization is committed to nurturing and educating young minds, ensuring they receive the best possible start in life. Care-O-Sel Daycare Inc understands the importance of a solid foundation in both care and education, and they strive to provide a nurturing environment where children can grow and develop. By offering child care services, they provide working parents with peace of mind, knowing their children are in capable hands. The curriculum they provide is designed to stimulate intellectual growth and creativity, preparing children for their educational journey ahead. In essence, Care-O-Sel Daycare Inc is dedicated to creating a supportive and enriching environment for children, fostering their overall development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Care-O-Sel Daycare Inc plays a vital role in the Virden community by offering essential child care services and a comprehensive education curriculum tailored for children from infancy through early elementary grades. By providing a safe and nurturing environment, Care-O-Sel supports the developmental needs of children and contributes to their social, emotional, and cognitive growth.
Through its programs, Care-O-Sel not only serves as a reliable childcare option for families but also fosters a love of learning from an early age. This encourages school readiness and promotes lifelong learning skills in young children. The center's presence in the Virden area also helps alleviate some of the challenges working parents face, allowing them to pursue their careers with peace of mind, knowing their children are cared for by dedicated professionals. Overall, Care-O-Sel Daycare Inc significantly enriches the lives of children and families in the community, laying a strong foundation for future generations.
This information is meant to be a general summary of Care-O-Sel 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 2020.
- Investment Income: $66
- Program Service Revenue: $208,441
- Gross Receipts: $1,116,457
Assets and Liabilities:
- Total Assets: $602,618
- Total Liabilities: $215,389
- Net Assets: $387,229
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal & State Contracts
Revenue
$156,814
Tuition and Private Fees
Revenue
$51,627
Organization Details
Founding Year
1998
NTEE Category
Code: P33 - Human services
If you are a representative of Care-O-Sel Daycare Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.