Overview
What is Waverly Child Care & Preschool?
Waverly Child Care & Preschool is a nonprofit organization situated in Waverly, Iowa. With a dedicated workforce of 39 individuals, their primary focus is to provide child care services for over 400 children. This includes offering a before and after school program catering to 'latch-key children.' Their mission is to create a safe and nurturing environment for children in their early years and elementary education. This purpose is aimed at fostering quality development and education, contributing to lifelong learning experiences for the children they serve.
Official website here: www.waverlychildcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%)
Waverly Child Care & Preschool has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization excels in certain aspects, such as having a majority of independent board members and maintaining a low liabilities to assets ratio, it struggles with transparency in financial reporting. The overall score reflects these challenges, particularly in areas like financial statements and key governance policies.
The organization demonstrates a strong commitment to its programs, with a program expense ratio of 93.03%, suggesting that the majority of its resources are directed toward its mission. However, serious deficiencies in financial transparency are evident, as indicated by scoring zero on various essential governance policies, including conflict of interest and whistleblower policies. These gaps could raise concerns for potential donors and stakeholders regarding the organization's operational integrity.
While Waverly Child Care & Preschool shows promise in its mission delivery, addressing its governance and financial reporting issues will be crucial for enhancing its credibility and securing future support. Improvements in these areas could elevate its standing in the nonprofit community and increase trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Waverly Child Care & Preschool legitimate?
Waverly Child Care & Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waverly Child Care & Preschool 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: $669,992
For more financial information, click here
Official website here: www.waverlychildcare.com
What is the mission statement of Waverly Child Care & Preschool?
Waverly Child Care & Preschool is committed to establishing a secure and nurturing environment for children in their early years and elementary education. Their mission is to facilitate quality development and education, aiming to enrich lifelong learning experiences. The organization strives to provide child care services for over 400 children, including a before and after school program for children with working parents, often referred to as latch-key children.
Official website here: www.waverlychildcare.com
Who is the CEO of Waverly Child Care & Preschool?
Brian Ramker is the President of Waverly Child Care & Preschool.
Official website here: www.waverlychildcare.com
What is the revenue of Waverly Child Care & Preschool?
Waverly Child Care & Preschool's revenue in 2022 was $1,471,946.
Official website here: www.waverlychildcare.com
Who are the executives of Waverly Child Care & Preschool and what are their salaries?
The average compensation at Waverly Child Care & Preschool during 2022 was $17,179. There are 39 employees at Waverly Child Care & Preschool.
Here are 9 key members and their salaries:
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Official website here: www.waverlychildcare.com
Where can I find the form 990 for Waverly Child Care & Preschool?
Waverly Child Care & Preschool's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waverlychildcare.com
Learn more at the official website: www.waverlychildcare.com
Mission Statement of Waverly Child Care & Preschool
Waverly Child Care & Preschool is committed to establishing a secure and nurturing environment for children in their early years and elementary education. The organization's mission is to foster quality development and education, ultimately enhancing lifelong learning experiences for over 400 children. By providing child care services, Waverly Child Care & Preschool aims to promote growth and learning in children through a before and after school program, catering to latch-key children. The focus lies on creating a supportive atmosphere where children can thrive and develop essential skills for their future.
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Impact
July, 2024
Waverly Child Care & Preschool has a significant impact on the community by providing a safe and nurturing environment for over 400 children. The organization's emphasis on quality early childhood and elementary development ensures that children receive the educational foundation necessary for lifelong learning experiences. Additionally, their before and after school program offers vital support for latch-key children, addressing an important need in the community. By prioritizing the well-being and education of children, Waverly Child Care & Preschool plays a crucial role in enhancing the lives of both the children and families they serve.
This information is meant to be a general summary of Waverly Child Care & Preschool. 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: $7,054
- Program Service Revenue: $675,439
- Gross Receipts: $1,471,946
Assets and Liabilities:
- Total Assets: $5,770,960
- Total Liabilities: $2,033,013
- Net Assets: $3,737,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE & PRESCHOOL TUITION
Revenue
$675,439
Organization Details
Founding Year
1970
Phone
(319) 352-4664Principal Officer
Brian Ramker
Main Address
BOX 34, WAVERLY, IA, 50677
Website
www.waverlychildcare.comNTEE Category
Code: P33Z - Human services
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