Overview
What is Daycroft Inc?
Daycroft Inc, situated in Ann Arbor, Michigan, is a nonprofit organization that offers a personalized learning environment for approximately 137 students. Their mission is to foster confidence, compassion, and a lifelong passion for learning in each student they serve. Daycroft Inc's approach values individual differences, nurturing the whole child, and enabling students to progress at their own pace, ultimately helping them reach their full potential. The organization, known as Daycroft Montessori School, employs a team of 51 individuals committed to this cause.
Official website here: www.daycroft.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Daycroft Inc has earned a Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization scored 92% in the Accountability & Finance category, which indicates a solid commitment to transparency and responsible financial practices. The high score is significant as it is based entirely on this single beacon, showcasing Daycroft's dedication to maintaining rigorous standards.
One of the organization's strengths is its governance structure, with 93% of board members being independent. This fosters objectivity in decision-making and enhances the credibility of the nonprofit. Additionally, Daycroft has demonstrated excellence in financial oversight, as evidenced by their perfect scores in audit and oversight committee practices, material diversion of assets, and the presence of essential policies such as whistleblower and conflict of interest policies.
While the financial health indicators are favorable, with a low liabilities to assets ratio and a substantial program expense ratio of 74.29%, it is essential for potential donors to consider the overall impact of the organization in relation to their mission. Nevertheless, the current data positions Daycroft Inc as a trustworthy and well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Daycroft Inc legitimate?
Daycroft Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daycroft 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: $261,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,930,827
For more financial information, click here
Official website here: www.daycroft.org
What is the mission statement of Daycroft Inc?
Daycroft Inc's mission is centered around empowering each student, encouraging confidence, fostering compassion, and cultivating a lifelong love for learning. This educational institution provides a personalized learning environment that acknowledges individual differences, nurtures the overall development of the child, and allows students to progress at their own pace, aiming for them to reach their full potential. Approximately 137 students benefit from this tailored approach.
Official website here: www.daycroft.org
What is the revenue of Daycroft Inc?
Daycroft Inc's revenue in 2024 was $3,755,638.
Official website here: www.daycroft.org
Who are the executives of Daycroft Inc and what are their salaries?
The average compensation at Daycroft Inc during 2024 was $37,163. There are 59 employees and 50 volunteers at Daycroft Inc.
Here are 17 key members and their salaries:
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- Compensation: $174,965
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- Other: $56,788
- Compensation: $111,470
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- Other: $7,858
Official website here: www.daycroft.org
Where can I find the form 990 for Daycroft Inc?
Daycroft Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.daycroft.org
Learn more at the official website: www.daycroft.org
Mission Statement of Daycroft Inc
Daycroft Inc, a nonprofit organization, has a mission to empower each of its students with confidence, compassion, and a lifelong love of learning. This mission is accomplished by providing a personalized learning environment that recognizes individual differences and fosters the holistic development of students, allowing them to progress at their own pace and reach their full potential. Approximately 137 students benefit from this unique approach, which encourages them to grow both academically and personally.
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Impact
July, 2024
Daycroft Inc's impact lies in its commitment to empowering each student with confidence, compassion, and a lifelong love of learning. By providing a personalized learning environment that appreciates individual differences, nurtures the whole child, and enables students to develop at their own pace, Daycroft helps approximately 137 students in Ann Arbor, MI achieve their full potential. Through this mission, Daycroft is making a significant contribution to the field of education by instilling a passion for learning and personal growth in each student.
This information is meant to be a general summary of Daycroft 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 2024.
- Investment Income: $103,694
- Program Service Revenue: $3,343,521
- Gross Receipts: $3,815,346
Assets and Liabilities:
- Total Assets: $3,298,717
- Total Liabilities: $1,286,467
- Net Assets: $2,012,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$3,179,498
ENRICHMENT REVENUE
Revenue
$89,850
BRIGHTON AREA SCHOOLS
Revenue
$41,265
FINANCIAL AID ENDOWMEN
Revenue
$13,704
PARENT GUILD REVENUE
Revenue
$12,202
Organization Details
Founding Year
1982
Principal Officer
David Lee
Website
www.daycroft.orgNTEE Category
Code: B240 - Education
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