Overview
What is Good News Childrens Center Inc?
Good News Children's Center Inc, located in Rochester, Minnesota, is a dedicated nonprofit organization that offers affordable and high-quality childcare services to families across various income levels. Their mission is to foster life-long learning through a developmentally appropriate and active curriculum, ensuring a safe and nurturing environment for children ranging from infancy to age six. The center also extends its services by referring parents to community intervention programs that aim to enhance their children's physical, emotional, and intellectual growth. With a workforce of 30 individuals, Good News Children's Center Inc is committed to contributing positively to the development of children in southeast Minnesota.
Official website here: www.goodnewschildrenscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Good News Children's Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating indicates a positive evaluation of the charity's financial health and accountability practices. The organization boasts a strong program expense ratio of 88.14%, showing that a significant majority of its expenditures directly support its mission.
The center displays commendable governance with 100% of its board members being independent, which enhances its accountability and decision-making processes. Additionally, the organization has a robust audit and oversight committee, maintaining high standards in financial oversight. However, there are several areas for improvement particularly concerning governance policies, as the charity lacks a conflict of interest policy, whistleblower policy, and document retention policies.
While Good News Children's Center Inc demonstrates strong financial management and a commitment to its programmatic mission, the absence of crucial governance policies may raise concerns among potential donors and stakeholders regarding transparency. Addressing these gaps could further strengthen the organization's integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Good News Childrens Center Inc legitimate?
Good News Childrens Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Childrens 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: $72,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $614,532
For more financial information, click here
Official website here: www.goodnewschildrenscenter.org
What is the mission statement of Good News Childrens Center Inc?
Good News Children's Center's mission is centered around providing high-quality childcare to families in southeast Minnesota, ensuring a safe and conducive environment for lifelong learning. This is achieved through a developmentally appropriate and active learning curriculum. The center also aims to offer affordable childcare to families across various income levels, providing age-appropriate education that prepares children for school and fosters school readiness, ranging from infants to children aged six. Furthermore, Good News Children's Center refers parents to community intervention services that promote the development of physical, emotional, and intellectual skills for a lifetime.
Official website here: www.goodnewschildrenscenter.org
Who is the CEO of Good News Childrens Center Inc?
Mary Anderson is the Executive Director of Good News Childrens Center Inc.
Official website here: www.goodnewschildrenscenter.org
What is the revenue of Good News Childrens Center Inc?
Good News Childrens Center Inc's revenue in 2022 was $1,013,294.
Official website here: www.goodnewschildrenscenter.org
Who are the executives of Good News Childrens Center Inc and what are their salaries?
The average compensation at Good News Childrens Center Inc during 2022 was $22,915. There are 30 employees and 30 volunteers at Good News Childrens Center Inc.
Here are 9 key members and their salaries:
- Compensation: $61,235
- Related: $0
- Other: $11,696
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.goodnewschildrenscenter.org
Where can I find the form 990 for Good News Childrens Center Inc?
Good News Childrens Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodnewschildrenscenter.org
Learn more at the official website: www.goodnewschildrenscenter.org
Mission Statement of Good News Childrens Center Inc
Good News Children's Center, a nonprofit organization, is committed to providing top-notch childcare to families residing in southeast Minnesota. Their mission is to create a secure environment that encourages lifelong learning through an age-appropriate and interactive curriculum. By doing so, they aim to promote the overall development of children from infancy to six years old, preparing them for school and nurturing their physical, emotional, and intellectual growth. Furthermore, Good News Children's Center offers affordable childcare services to families across various income levels and refers parents to community intervention services that foster long-term skills development.
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Impact
July, 2024
Good News Children's Center Inc positively impacts Southeast Minnesota families by providing quality childcare in a safe environment that promotes lifelong learning through developmentally appropriate and active learning curriculum. They offer affordable childcare services to families of all income levels, focusing on age-appropriate active learning and school readiness education for infants to children up to 6 years old. Additionally, the center refers parents to community intervention services that support physical, emotional, and intellectual development, equipping families with lifelong skills. Located in Rochester, MN, Good News Children's Center Inc plays a crucial role in enhancing the well-being and development of children in the region.
This information is meant to be a general summary of Good News Childrens 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 2022.
- Investment Income: $694
- Program Service Revenue: $826,658
- Gross Receipts: $1,013,294
Assets and Liabilities:
- Total Assets: $366,706
- Total Liabilities: $60,900
- Net Assets: $305,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE ASSISTANCE
Revenue
$255,779
CLIENT FEES
Revenue
$549,253
FOOD PROGRAM
Revenue
$21,626
Organization Details
Founding Year
2001
Phone
(507) 285-1167Principal Officer
Mary Anderson
Main Address
2645 N BROADWAY, ROCHESTER, MN, 55906
NTEE Category
Code: P33 - Human services
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