Overview
What is Wausau Child Care Inc?
Wausau Child Care Inc is a nonprofit organization situated in Wausau, Wisconsin, specifically at 2600 Stewart Ave 148, ZIP code 54401. Their primary source of revenue stems from parent tuition for child care services offered to around 120 children aged six weeks to five years in three preschool locations. Additionally, they provide before and after school care for approximately 130 children in two AM & PM care programs in five elementary schools, as well as a full-day summer program within the Wausau School District. The organization's mission is to strengthen child development, families, and the community by ensuring access to safe, high-quality early learning opportunities for children. This mission is carried out by a team of 100 dedicated employees.
Official website here: www.wausauchildcareinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Wausau Child Care Inc has received a Two-Star rating from Charity Navigator, indicating some strengths in its operations but notable areas for improvement. The organization demonstrates strong governance with a fully independent board and no material diversion of assets, suggesting a commitment to accountability and ethical management. Additionally, the charity has a high program expense ratio, indicating that a significant portion of its budget is allocated directly to its programs.
However, the charity's liabilities to assets ratio raises concerns, as it indicates higher liabilities relative to its assets. This financial metric received no points, suggesting potential financial instability that could impact its ability to sustain operations in the long term. While the organization has established policies regarding conflicts of interest and whistleblower protections, these strengths are overshadowed by financial concerns.
Overall, while Wausau Child Care Inc maintains a solid governance structure and prioritizes program spending, its financial health will need closer attention to enhance its reliability and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Wausau Child Care Inc legitimate?
Wausau Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wausau Child Care 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: $78,275
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,474,524
For more financial information, click here
Official website here: www.wausauchildcareinc.com
What is the mission statement of Wausau Child Care Inc?
Wausau Child Care Inc's mission is centered around strengthening child development, families, and the community. They achieve this by providing access to safe and high-quality early learning opportunities for children. This organization's mission is to enhance the overall well-being of children, supporting their growth and development while also contributing positively to their families and the community at large. Wausau Child Care Inc offers a range of early learning services, catering to children from as young as six weeks to five years old, as well as providing before and after school care for older children in local elementary schools. Their services aim to provide a nurturing environment that supports children's cognitive, emotional, and social growth, contributing to their overall development and future success.
Official website here: www.wausauchildcareinc.com
Who is the CEO of Wausau Child Care Inc?
Kay Palmer is the President of Wausau Child Care Inc.
Official website here: www.wausauchildcareinc.com
What is the revenue of Wausau Child Care Inc?
Wausau Child Care Inc's revenue in 2022 was $2,355,158.
Official website here: www.wausauchildcareinc.com
Who are the executives of Wausau Child Care Inc and what are their salaries?
The average compensation at Wausau Child Care Inc during 2022 was $15,528. There are 100 employees and 11 volunteers at Wausau Child Care Inc.
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Official website here: www.wausauchildcareinc.com
Where can I find the form 990 for Wausau Child Care Inc?
Wausau Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wausauchildcareinc.com
Learn more at the official website: www.wausauchildcareinc.com
Mission Statement of Wausau Child Care Inc
Wausau Child Care Inc, as a dedicated organization, aims to enhance child development, strengthen families, and contribute positively to the community. They achieve this by providing access to safe and high-quality early learning opportunities for children, ranging from infants as young as six weeks old to five-year-olds. The mission of Wausau Child Care Inc is deeply rooted in its commitment to empowering children and families, ensuring they have the necessary resources for growth and development. The organization serves approximately 120 regular paying tuition children in their three preschool child care locations, alongside providing before and after school care for around 130 children in five elementary schools. During the summer, they also run a full-day summer program within the Wausau School District, serving numerous children. While the specific numbers of children receiving financial assistance for the fiscal year ending June 30, 2022, are not provided, it is clear that Wausau Child Care Inc is dedicated to making high-quality early learning accessible to all children, regardless of their financial situation.
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Impact
July, 2024
Wausau Child Care Inc's impact is significant in strengthening child development, supporting families, and benefiting the community by providing access to safe and high-quality early learning for children. Serving approximately 120 regular-paying tuition children ranging from 6 weeks to five years old in three preschool child care locations, as well as offering before and after school care for around 130 regular-paying tuition children in two programs in five elementary schools, showcases the organization's dedication to supporting working families and promoting children's well-being. Additionally, their full-day school-age summer program within the Wausau School District further emphasizes their commitment to providing comprehensive care and educational opportunities for children in the community. This holistic approach not only supports the children in their care but also provides essential services that enable parents to work and contribute to the local economy.
This information is meant to be a general summary of Wausau Child Care 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: $1,076
- Program Service Revenue: $2,019,382
- Gross Receipts: $2,355,158
Assets and Liabilities:
- Total Assets: $633,370
- Total Liabilities: $311,098
- Net Assets: $322,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE SERVICES
Revenue
$2,019,382
Organization Details
Founding Year
1973
Phone
(715) 848-1436Principal Officer
Kay Palmer
Main Address
2600 STEWART AVE 148, WAUSAU, WI, 54401
Website
www.wausauchildcareinc.comNTEE Category
Code: P33Z - Human services
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