Overview
What is G-R Daycare Inc?
G-R Daycare Inc, also known as Reinbeck Daycare Center, is a nonprofit organization located at 120 Cedar Street, Reinbeck, Iowa 50669. Their primary mission is to offer affordable daycare, preschool, and after-school programs to the communities of Gladbrook and Reinbeck. With a dedicated workforce of 64 employees, they strive to provide essential early childhood education and care services to the local community. The organization's mission is central to their activities, ensuring affordable access to these crucial programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (82%)
G-R Daycare Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is derived entirely from its Accountability & Finance metrics, indicating a solid commitment to responsible financial management. The charity scored particularly well in areas such as having a fully independent board and maintaining a low liabilities to assets ratio, signaling strong governance and financial stability.
The organization demonstrates excellent transparency and accountability, with a perfect score in financial statements reviewed or compiled and a high program expense ratio of 99.54%. This suggests that the majority of its expenditures are directed toward fulfilling its mission rather than administrative overhead, which is a positive indicator for potential donors looking for impactful contributions.
While G-R Daycare Inc shows substantial strengths in governance and financial management, it is important to note that the rating is based solely on financial aspects. Additional insights into program effectiveness and community impact would provide a more comprehensive understanding of the charity's overall performance and reach.
This AI summary has been generated from information found on Charity Navigator.
Is G-R Daycare Inc legitimate?
G-R Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. G-R Daycare 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: $775,388
For more financial information, click here
What is the mission statement of G-R Daycare Inc?
G-R Daycare Inc is committed to providing an affordable daycare, preschool, and after-school program for the communities of Gladbrook and Reinbeck. Their mission is centered around making these essential services accessible to families within these communities, thereby contributing to the overall well-being and development of the children in these areas. By offering these programs at an affordable price, the organization aims to make early childhood education and care more inclusive and within reach for a wider section of the population. The organization's efforts are geared towards fostering a nurturing and supportive environment for children, enabling them to grow and learn in a safe and stimulating atmosphere.
Who is the CEO of G-R Daycare Inc?
Chris Frischmeyer is the President of G-R Daycare Inc.
What is the revenue of G-R Daycare Inc?
G-R Daycare Inc's revenue in 2023 was $997,017.
Who are the executives of G-R Daycare Inc and what are their salaries?
The average compensation at G-R Daycare Inc during 2023 was $12,115. There are 64 employees at G-R Daycare Inc.
Here are 5 key members and their salaries:
- Compensation: $41,566
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for G-R Daycare Inc?
G-R Daycare Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of G-R Daycare Inc
G-R Daycare Inc, as a nonprofit organization, is committed to serving the communities of Gladbrook and Reinbeck. Their mission is centrally focused on providing affordable daycare, preschool, and after-school programs. This mission is aimed at ensuring that these essential services are accessible and within reach for the families residing in these communities. By offering these programs, G-R Daycare Inc plays a significant role in supporting the overall development and well-being of the children in the area. Their mission is a testament to their dedication to fostering a nurturing environment for young learners and providing them with the necessary foundation for their future growth and success.
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Impact
July, 2024
G-R Daycare Inc's impact is significant in providing affordable daycare, preschool, and after-school programs for the communities of Gladbrook and Reinbeck. By offering these essential services, G-R Daycare Inc supports working families, enables children to receive quality care and education, and contributes to the overall well-being of the community. The organization plays a vital role in ensuring that children have access to a safe and nurturing environment where they can learn and grow, which ultimately helps in the development of the local community.
This information is meant to be a general summary of G-R Daycare 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: $1,863
- Program Service Revenue: $762,831
- Gross Receipts: $997,017
Assets and Liabilities:
- Total Assets: $960,171
- Total Liabilities: $18,646
- Net Assets: $941,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE AND PRESCHOOL
Revenue
$762,831
Organization Details
Founding Year
2007
Principal Officer
Chris Frischmeyer
Main Address
120 CEDAR STREET, REINBECK, IA, 50669
NTEE Category
Code: P33 - Human services
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