Overview
What is Woods Hollow Children's Center Inc?
Woods Hollow Children's Center Inc, located in Fitchburg, Wisconsin, is a nonprofit childcare center sponsored by Promega Corporation. Established in September 1991, this center has been serving families from surrounding communities alongside Promega families ever since. With continuous support from Promega, Woods Hollow is committed to delivering a program that excels in early childhood education, holding accreditation from the National Association for the Education of Young Children (NAEYC) since 1996. This accreditation signifies a dedication to providing high-quality care and enriching learning experiences tailored to the developmental needs of children from 6 weeks to third grade. The center fosters a nurturing environment that promotes positive relationships between children and families, creating a caring and meaningful learning community. With a workforce of 57 dedicated individuals, Woods Hollow Children's Center Inc continues to uphold its mission of providing exceptional early childhood education.
Official website here: www.woodshollow.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Woods Hollow Children's Center Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting high accountability and financial health. The organization scored 100% in Accountability & Finance, indicating strong governance and transparency practices. Key strengths include a predominantly independent board, with 85% of its members being independent, and robust financial oversight mechanisms in place.
The nonprofit demonstrates effective financial management, shown by a low liabilities-to-assets ratio of 3.12% and a high program expense ratio of 87.77%. This suggests that the majority of their expenditures are directed towards their programs rather than administrative costs. Additionally, they have established solid policies regarding conflicts of interest, whistleblower protections, and document retention, contributing to their overall governance excellence.
While the data showcases Woods Hollow Children's Center Inc as a financially sound and well-managed organization, the summary does not highlight any specific areas for improvement or concerns raised by users. Nonetheless, the overall positive feedback indicates a strong commitment to serving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Woods Hollow Children's Center Inc legitimate?
Woods Hollow Children's Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woods Hollow Children's Center 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: $181,197
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,001,928
For more financial information, click here
Official website here: www.woodshollow.org
What is the mission statement of Woods Hollow Children's Center Inc?
Woods Hollow Children's Center Inc, in collaboration with families, establishes a nurturing and meaningful learning environment for children. This is achieved by fostering positive relationships. The center, in partnership with families, aims to provide a program that excels in early childhood education, setting a standard of high-quality care and enriching learning experiences that are developmentally appropriate for children from six weeks old through third grade. With ongoing support from Promega Corporation, Woods Hollow has been serving families from surrounding communities since its inception in 1991, in addition to Promega families. As a National Association for the Education of Young Children (NAEYC) accredited center since 1996, Woods Hollow has continuously upheld the standard of delivering excellence in early childhood education.
Official website here: www.woodshollow.org
What is the revenue of Woods Hollow Children's Center Inc?
Woods Hollow Children's Center Inc's revenue in 2024 was $3,206,707.
Official website here: www.woodshollow.org
Who are the executives of Woods Hollow Children's Center Inc and what are their salaries?
The average compensation at Woods Hollow Children's Center Inc during 2024 was $34,653. There are 63 employees and 8 volunteers at Woods Hollow Children's Center Inc.
Here are 10 key members and their salaries:
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- Compensation: $94,876
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- Other: $20,571
Official website here: www.woodshollow.org
Where can I find the form 990 for Woods Hollow Children's Center Inc?
Woods Hollow Children's Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.woodshollow.org
Learn more at the official website: www.woodshollow.org
Mission Statement of Woods Hollow Children's Center Inc
Woods Hollow Children's Center Inc, in collaboration with families, establishes a nurturing and meaningful learning environment for children. This nonprofit organization focuses on fostering positive relationships, ensuring a community where children can grow and learn. The center, accredited by the National Association for the Education of Young Children (NAEYC) since 1996, strives to provide high-quality early childhood education, offering developmentally appropriate experiences for children ranging from six weeks old to third grade. Woods Hollow Children's Center Inc is committed to setting a standard of excellent care and learning, ensuring the well-being and growth of each child under its care.
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Impact
July, 2024
Woods Hollow Children's Center Inc has been making a significant impact by providing high-quality early childhood education and care to children aged 6 weeks through third grade since its establishment in 1991. Through its partnership with families and focus on nurturing positive relationships, the center has created a caring and meaningful learning community for children in Fitchburg, WI, and the surrounding communities.
Being accredited by the National Association for the Education of Young Children (NAEYC) since 1996, Woods Hollow sets a standard of excellence in early childhood education. By offering developmentally appropriate learning experiences, the center ensures that children receive the best possible start to their educational journey.
Overall, Woods Hollow Children's Center Inc's impact can be seen in the positive development and growth of the children it serves, as well as in the support and empowerment it provides to families in the community.
This information is meant to be a general summary of Woods Hollow Children's Center 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: $3,471
- Program Service Revenue: $2,559,152
- Gross Receipts: $3,206,707
Assets and Liabilities:
- Total Assets: $5,770,890
- Total Liabilities: $145,275
- Net Assets: $5,625,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$2,559,152
Organization Details
Founding Year
1991
Principal Officer
Mary Fitzgerald
Website
www.woodshollow.orgNTEE Category
Code: P33Z - Human services
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