Overview
What is Black River Area Childcare Ctr Inc?
Black River Area Childcare Ctr Inc is a nonprofit organization situated in the Black River Falls area. Their primary mission is to provide budget-friendly childcare services, catering to the needs of the local community. This includes offering daycare and associated programs. By doing so, the center aims to contribute positively to the region, ensuring that families have access to reliable childcare solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating
Black River Area Childcare Center Inc has received a low rating of 57% from Charity Navigator, indicating significant areas of concern regarding its accountability and financial management. While the organization boasts a fully independent board with 100% independent members and a favorable liabilities to assets ratio, it falls short in several critical areas, particularly in transparency and governance policies.
The organization has not provided financial statements, which greatly impacts its accountability score. Additionally, it has been noted that there has been a material diversion of assets, raising red flags about financial oversight. Furthermore, important policies such as conflict of interest, whistleblower, and document retention are missing, which can lead to increased risks in governance and operational integrity.
On a positive note, Black River Area Childcare Center demonstrates a strong commitment to program expenses, with 80.17% of its budget allocated directly to its programs. This is a positive indication of its focus on fulfilling its mission. However, the overall lack of documentation and transparency suggests that potential donors and supporters should approach with caution until improvements are made.
This AI summary has been generated from information found on Charity Navigator.
Is Black River Area Childcare Ctr Inc legitimate?
Black River Area Childcare Ctr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black River Area Childcare Ctr 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,864
For more financial information, click here
What is the mission statement of Black River Area Childcare Ctr Inc?
Black River Area Childcare Ctr Inc is committed to offering affordable child care services to the local community. Their mission is clearly reflected in their activities, which primarily involve providing daycare services and related programs tailored to meet the needs of the residents in Black River Falls area. This non-profit organization aims to make quality child care accessible and affordable for all families, thereby contributing positively to the overall well-being of the community.
Who is the CEO of Black River Area Childcare Ctr Inc?
Hannah Prince is the Executive Director of Black River Area Childcare Ctr Inc.
What is the revenue of Black River Area Childcare Ctr Inc?
Black River Area Childcare Ctr Inc's revenue in 2022 was $575,166.
Who are the executives of Black River Area Childcare Ctr Inc and what are their salaries?
The average compensation at Black River Area Childcare Ctr Inc during 2022 was $11,267. There are 37 employees at Black River Area Childcare Ctr Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Black River Area Childcare Ctr Inc?
Black River Area Childcare Ctr Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Black River Area Childcare Ctr Inc
Black River Area Childcare Center, a nonprofit organization, is dedicated to providing an affordable childcare solution for the residents of the Black River Falls area. Their primary mission is to cater to the community's needs by offering daycare services and related programs. By doing so, they aim to make quality childcare accessible to a wider population, ensuring that families in the area have the support they need to balance their personal and professional lives. The center's commitment to affordability highlights its focus on serving the community, ensuring that childcare costs do not become a financial burden for local families.
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Impact
July, 2024
Black River Area Childcare Center is making a significant impact by providing affordable child care services to the residents of Black River Falls. Through its daycare services and related programs, the center is meeting the needs of the community and ensuring that families have access to quality child care. This not only supports working parents by enabling them to pursue their careers but also contributes to the overall well-being and development of the children under their care. By offering affordable child care services, Black River Area Childcare Center plays a vital role in supporting families and the community as a whole.
This information is meant to be a general summary of Black River Area Childcare Ctr 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: $74
- Program Service Revenue: $437,412
- Gross Receipts: $575,166
Assets and Liabilities:
- Total Assets: $252,858
- Total Liabilities: $8,476
- Net Assets: $244,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & REGISTRATION
Revenue
$437,412
Organization Details
Founding Year
1976
Principal Officer
Hannah Prince
Main Address
725 NORTH 8TH STREET, BLACK RIVER FALLS, WI, 54615
NTEE Category
Code: P33Z - Human services
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