Sanborn Daycare Association

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

EIN: 421353405 ✦ Sanborn, IA ✦ Designated as a 501(c)(3)

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Overview

What is Sanborn Daycare Association?

The Sanborn Daycare Association, located at 102 Prospect Street, Sanborn, Iowa, is a nonprofit organization with a dedicated workforce of 31 individuals. Their primary mission is to serve the community of Sanborn by providing a reliable source of daycare services. This essential service ensures the well-being and development of children in the area, contributing positively to the local community. The association's activities are centered around this mission, providing a vital resource for families in need of daycare services.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

Sanborn Daycare Association has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a score of 94%, the organization demonstrates effective management of its resources, which is essential for donor trust and operational sustainability. The rating is based entirely on the accountability and finance beacon, emphasizing the organization's dedication to transparency.

The Sanborn Daycare Association excels in several key areas, including having a fully independent board, with all 10 members meeting the criteria for independence. The organization has demonstrated robust governance practices, including a well-documented conflict of interest policy, whistleblower policy, and procedures for document retention and destruction. Their financial health is also commendable, evident from their liabilities to assets ratio of just 1.45% and a program expense ratio of 88.29%, indicating that a significant portion of their funds directly supports their programs.

While the organization has shown strong fiscal management and governance, the data does not highlight any areas of concern or limitations in service delivery. Overall, the Sanborn Daycare Association appears to be a well-managed nonprofit, making it a viable option for potential donors looking to support a transparent and accountable organization.


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

Is Sanborn Daycare Association legitimate?

Sanborn Daycare Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanborn Daycare Association 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: $6,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,352

For more financial information, click here

What is the mission statement of Sanborn Daycare Association?

The Sanborn Daycare Association's mission is focused on serving the community. Its primary objective is to offer a reliable daycare solution to the residents, ensuring that childcare needs are met effectively. By providing this service, the association aims to contribute positively to the lives of families in the community, allowing them to engage in their daily activities with peace of mind. The association's activities are centered around delivering a daycare service, ensuring that the needs of children are catered to in a supportive and safe environment.

Who is the CEO of Sanborn Daycare Association?

Matt Vanderlee is the President of Sanborn Daycare Association.

What is the revenue of Sanborn Daycare Association?

Sanborn Daycare Association's revenue in 2022 was $471,817.

Who are the executives of Sanborn Daycare Association and what are their salaries?

The average compensation at Sanborn Daycare Association during 2022 was $6,565. There are 31 employees and 1 volunteer at Sanborn Daycare Association.


Here are 6 key members and their salaries:


Kathy Wright (Director - F)
  • Compensation: $6,161
  • Related: $0
  • Other: $0
Angie Mayer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Mcdowell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brianne Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Postma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Vanderlee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sanborn Daycare Association?

Sanborn Daycare Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sanborn Daycare Association

The Sanborn Daycare Association is dedicated to serving its community by offering a vital resource: daycare services. This nonprofit organization's mission, simply put, is to cater to the daycare needs of the citizens residing in Sanborn, Iowa. By providing a reliable daycare solution, the Sanborn Daycare Association aims to support families in the area, enabling them to balance their personal and professional commitments more effectively. The association's mission is a testament to its commitment to strengthening the local community by ensuring the well-being of its youngest members.

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Impact




July, 2024

Sanborn Daycare Association plays a crucial role in providing a much-needed source of childcare services to the residents of Sanborn, Iowa. By offering daycare services, the association enables parents in the area to pursue their work and other responsibilities with peace of mind, knowing that their children are in safe and nurturing hands. This, in turn, contributes to the overall well-being of families in the community and helps support a healthy work-life balance for parents. The impact of Sanborn Daycare Association extends beyond just childcare; it helps foster a supportive environment for families and contributes to the social fabric of the community.




This information is meant to be a general summary of Sanborn Daycare Association. 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
$471,817 (2022)
Expenses
$322,254 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $244
  • Program Service Revenue: $215,067
  • Gross Receipts: $473,593

Assets and Liabilities:

  • Total Assets: $467,415
  • Total Liabilities: $11,063
  • Net Assets: $456,352

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$197,236

MEALS

Revenue

$12,732

STATE DAYCARE INCOME

Revenue

$3,359

TUITION

Revenue

$1,462

MISCELLANEOUS INCOME

Revenue

$278

Organization Details

Founding Year

1990

Principal Officer

Matt Vanderlee

Main Address

102 PROSPECT STREET, SANBORN, IA, 51248

NTEE Category

Code: P33 - Human services

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