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Cedar Valley Preschool & Child Care Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420956806 ✦ Cedar falls, IA ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Valley Preschool & Child Care Center?

Cedar Valley Preschool & Child Care Center is a nonprofit organization located at 724 Lantz Avenue, Cedar Falls, Iowa 50613. Their primary focus is to offer a structured curriculum of developmentally appropriate activities to children in the Cedar Falls community. This nonprofit is committed to fostering the holistic growth and development of each child, encompassing their social, emotional, physical, and intellectual well-being. With a team of 29 dedicated individuals, Cedar Valley Preschool & Child Care Center strives to create an environment that nurtures and encourages children's development, ensuring they thrive in their formative years.


Official website here: www.cvpccc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, overall score: 69%)

Cedar Valley Preschool & Child Care Center has received a Two-Star rating from Charity Navigator, indicating that there are areas needing improvement in the organization's accountability and financial practices. Notably, the organization has an impressive 100% independent board membership, which can enhance governance quality. However, the lack of financial statements, conflict of interest policy, whistleblower policy, and document retention policy significantly impacts its overall score.

The financial health of Cedar Valley Preschool is relatively strong, with a liabilities to assets ratio of only 0.74% and a program expense ratio of 78.59%, indicating that a substantial portion of its budget is directed toward programs rather than administrative costs. This focus on program expenses is a positive aspect, reflecting the organization's commitment to its mission. However, the absence of key accountability documents suggests that there are governance and transparency issues that need addressing.

In summary, while Cedar Valley Preschool & Child Care Center demonstrates solid financial management and an independent governance structure, it falls short in some fundamental areas of accountability. Addressing these gaps could improve its rating and provide greater assurance to stakeholders and the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Cedar Valley Preschool & Child Care Center legitimate?

Cedar Valley Preschool & Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Valley Preschool & Child Care Center 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: $51,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $376,466

For more financial information, click here


Official website here: www.cvpccc.com

What is the mission statement of Cedar Valley Preschool & Child Care Center?

The Cedar Valley Preschool & Child Care Center's mission is centered around providing a structured curriculum of developmentally appropriate activities. This mission aims to foster positive growth and development in each individual child, encompassing social, emotional, physical, and intellectual aspects. The organization's primary goal is to create an environment that caters to the holistic development of every child under its care.


Official website here: www.cvpccc.com

Who is the CEO of Cedar Valley Preschool & Child Care Center?

Elizabeth Clancy is the Executive Di of Cedar Valley Preschool & Child Care Center.


Official website here: www.cvpccc.com

What is the revenue of Cedar Valley Preschool & Child Care Center?

Cedar Valley Preschool & Child Care Center's revenue in 2022 was $762,225.


Official website here: www.cvpccc.com

Who are the executives of Cedar Valley Preschool & Child Care Center and what are their salaries?

The average compensation at Cedar Valley Preschool & Child Care Center during 2022 was $14,751. There are 29 employees and 89 volunteers at Cedar Valley Preschool & Child Care Center.


Here are 10 key members and their salaries:


Elizabeth Clancy (Executive Di)
  • Compensation: $51,324
  • Related: $0
  • Other: $0
Debbie Paulsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Prather-O'Kane (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Gregerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sevcik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ayard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Gruber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerreme Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Nixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Weirtzema (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cvpccc.com

Where can I find the form 990 for Cedar Valley Preschool & Child Care Center?

Cedar Valley Preschool & Child Care Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cvpccc.com

Learn more at the official website: www.cvpccc.com

Mission Statement of Cedar Valley Preschool & Child Care Center

Cedar Valley Preschool & Child Care Center is committed to promoting the holistic development of each individual child. Their mission is to design and implement a curriculum filled with developmentally appropriate activities. This approach aims to foster positive growth in a child's social, emotional, physical, and intellectual aspects. By providing these structured activities, the center strives to contribute to the overall well-being and success of each child under its care.

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Impact




July, 2024

Cedar Valley Preschool & Child Care Center makes a significant impact by providing a structured curriculum of developmentally appropriate activities for children in the Cedar Falls, Iowa community. The center focuses on the positive growth and development of each individual child in social, emotional, physical, and intellectual aspects. This impact translates into a nurturing environment where children can thrive and develop essential skills for their future.




This information is meant to be a general summary of Cedar Valley Preschool & Child Care Center. 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.

Revenue
$762,225 (2022)
Expenses
$630,932 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $83
  • Program Service Revenue: $320,834
  • Gross Receipts: $762,225

Assets and Liabilities:

  • Total Assets: $280,854
  • Total Liabilities: $7,001
  • Net Assets: $273,853

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHILD CARE SERVICES

Revenue

$320,834

Organization Details

Founding Year

1970

Principal Officer

Elizabeth Clancy

Main Address

724 LANTZ AVENUE, CEDAR FALLS, IA, 50613

NTEE Category

Code: P33 - Human services

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