Overview
What is Central Day Care Center?
Central Day Care Center is a nonprofit organization primarily focused on providing day care services for infants, toddlers, and pre-school children whose parents are employed. They offer a safe and nurturing environment for these young children, ensuring their well-being and development during their parents' working hours. This essential service allows working parents to maintain their livelihoods while ensuring their children receive proper care and attention. The organization's mission is deeply rooted in supporting the needs of working families, making it an invaluable resource within its community.
Official website here: www.centraldaycarecenter.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star rating)
Central Day Care Center has received a Two-Star rating from Charity Navigator, indicating that while the organization shows some strengths, there are significant areas for improvement. The charity's accountability and finance score is 61%, which reflects a mix of good governance practices alongside several gaps in financial transparency and policy documentation.
One of the strengths noted is that the board is comprised entirely of independent members, which suggests a commitment to governance. Additionally, the organization has a solid program expense ratio at 80.48%, indicating that a large portion of its funding is directed toward its programs rather than administrative costs. However, the absence of crucial policies such as conflict of interest and whistleblower protections raises concerns about overall accountability and ethical practices.
Moreover, Central Day Care Center has not made its financial statements publicly available, which contributes to its lower score in financial transparency. The lack of a documented tax form on its website is another limitation that could impact potential donors' trust. Overall, while the organization has some positive governance features, its financial reporting and policy framework need significant enhancement to improve its standing and provide greater assurance to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Central Day Care Center legitimate?
Central Day Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Day Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $440,761
For more financial information, click here
Official website here: www.centraldaycarecenter.org/
What is the mission statement of Central Day Care Center?
The Central Day Care Center's mission is centered around providing day care services for infants, toddlers, and pre-school children whose parents are employed. This mission is executed through offering a daily care facility, with the primary objective being to cater to the needs of these young children while their parents are at work. The center aims to create a safe and nurturing environment that supports the growth and development of each child. It's a place where children can learn, play, and interact with their peers, under the supervision of dedicated caregivers. The Center's mission is to ensure that working parents have peace of mind, knowing their children are in capable hands during their working hours.
Official website here: www.centraldaycarecenter.org/
Who is the CEO of Central Day Care Center?
Francis Wolfe is the Program Director And Board Member of Central Day Care Center.
Official website here: www.centraldaycarecenter.org/
What is the revenue of Central Day Care Center?
Central Day Care Center's revenue in 2022 was $837,568.
Official website here: www.centraldaycarecenter.org/
Who are the executives of Central Day Care Center and what are their salaries?
The average compensation at Central Day Care Center during 2022 was $10,017. There are 44 employees and 3 volunteers at Central Day Care Center.
Here are 6 key members and their salaries:
- Compensation: $26,751
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $25,380
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,292
- Related: $0
- Other: $0
Official website here: www.centraldaycarecenter.org/
Where can I find the form 990 for Central Day Care Center?
Central Day Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centraldaycarecenter.org/
Learn more at the official website: www.centraldaycarecenter.org/
Mission Statement of Central Day Care Center
Central Day Care Center, as its name suggests, is dedicated to providing day care services for infants, toddlers, and pre-school children whose parents are employed. This nonprofit organization's primary mission is to offer a safe and nurturing environment for these young children, allowing their working parents peace of mind. Central Day Care Center's activities are centered around ensuring the well-being and development of these children, providing them with the care they need during the day while their parents are away at work. The center's mission is to create a supportive atmosphere where children can learn, play, and grow, ultimately benefiting from a stable and secure start in life.
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Impact
July, 2024
Central Day Care Center's impact is profound in Traverse City, MI, as it provides essential day care services for infants, toddlers, and preschool children of working parents. By offering a safe and nurturing environment for children while their parents are at work, Central Day Care Center enables families to balance their work and family responsibilities effectively. This support not only benefits the parents by allowing them to pursue their careers but also contributes to the healthy development and wellbeing of the children in their care. In essence, Central Day Care Center plays a crucial role in supporting the community by addressing the childcare needs of working families.
This information is meant to be a general summary of Central Day Care 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 2022.
- Program Service Revenue: $544,773
- Gross Receipts: $837,568
Assets and Liabilities:
- Total Assets: $371,023
- Total Liabilities: $1,409
- Net Assets: $369,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR DAY CARE
Revenue
$544,773
Organization Details
Founding Year
1968
Phone
(231) 947-6131Principal Officer
Francis Wolfe
Main Address
4100 BARNES ROAD, TRAVERSE CITY, MI, 49684
NTEE Category
Code: P33Z - Human services
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