Overview
What is Day Care Center Of New London Inc?
Day Care Center of New London Inc, located at 1825 Division Street, New London, Wisconsin 54961, is a nonprofit organization dedicated to providing preschool and childcare services to approximately 110 children. With a workforce of 20 dedicated individuals, the center offers an essential service to families in the area. The organization's mission revolves around the well-being and development of young children, providing a nurturing environment that supports their growth and learning.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
The Day Care Center Of New London Inc received a Two-Star rating from Charity Navigator, indicating that while the organization has some strengths, it also faces significant challenges in transparency and governance. The overall rating stems primarily from its Accountability & Finance score, which reflects the charity's financial health and management practices.
The organization demonstrates solid performance in several financial metrics, such as a high Program Expense Ratio of 88.15%, indicating a strong commitment to its core mission. Additionally, it scored perfectly in areas such as having a majority of independent board members and a very low liabilities to assets ratio, suggesting prudent financial management in those areas.
However, the charity faces major shortcomings in transparency and accountability policies, scoring zero in critical areas such as financial statement availability, conflict of interest, and whistleblower policies. These deficiencies raise concerns about its governance and the accessibility of its financial information to the public, limiting overall trust and confidence in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Day Care Center Of New London Inc legitimate?
Day Care Center Of New London Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Day Care Center Of New London 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: $698,625
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What is the mission statement of Day Care Center Of New London Inc?
The Day Care Center of New London Inc. is committed to providing preschool and childcare services to approximately 110 children. Their mission, in essence, revolves around ensuring the care and education of these children, offering them a nurturing environment during their formative years. The center's activities primarily focus on these preschool and childcare services, aiming to contribute positively to the development of the children under their care.
Who is the CEO of Day Care Center Of New London Inc?
Barb Krueger is the President of Day Care Center Of New London Inc.
What is the revenue of Day Care Center Of New London Inc?
Day Care Center Of New London Inc's revenue in 2023 was $957,392.
Who are the executives of Day Care Center Of New London Inc and what are their salaries?
The average compensation at Day Care Center Of New London Inc during 2023 was $34,931. There are 20 employees at Day Care Center Of New London Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Day Care Center Of New London Inc?
Day Care Center Of New London Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Day Care Center Of New London Inc
Day Care Center of New London Inc is committed to providing preschool and child care services to around 110 children. The organization's mission is centered around this essential service, aiming to create a nurturing environment for young learners. By offering these services, Day Care Center of New London Inc contributes to the overall development and well-being of these children, providing them with a strong foundation for their future. The center's focus on preschool and child care demonstrates its dedication to supporting families and preparing children for their educational journey, laying the groundwork for their future success.
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Impact
July, 2024
Day Care Center Of New London Inc's impact is significant, as it provides preschool and child care services to approximately 110 children in the city of New London, Wisconsin. By offering these services, the organization plays a crucial role in supporting working families and providing early childhood education to young children. The center's efforts contribute to the well-being and development of these children, creating a positive impact on both the families served and the community as a whole.
This information is meant to be a general summary of Day Care Center Of New London 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 2023.
- Investment Income: $44
- Program Service Revenue: $748,269
- Gross Receipts: $957,392
Assets and Liabilities:
- Total Assets: $755,497
- Total Liabilities: $37,212
- Net Assets: $718,285
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
4K Fees
Revenue
$31,728
Program Fees
Revenue
$713,551
Registration Fees
Revenue
$2,990
Organization Details
Founding Year
1977
Phone
(920) 982-6544Principal Officer
Barb Krueger
Main Address
1825 Division Street, New London, WI, 54961
NTEE Category
Code: P33 - Human services
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