Overview
What is Edgewood Community Childcare & Learning Center?
The Edgewood Community Childcare & Learning Center is a nonprofit organization situated in Edgewood, Iowa. With a team of 37 dedicated individuals, they offer comprehensive services for children in two key age groups. For the younger population, they provide preschool programs specifically designed for 4-year-olds, fostering their early learning and development. Additionally, they cater to older children, offering an after-school program that accommodates children between the ages of 5 and 15. By providing these essential services, Edgewood Community Childcare & Learning Center aims to contribute positively to the growth and well-being of the community's young generation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
Edgewood Community Childcare & Learning Center has received a Two-Star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. While the nonprofit has a solid Accountability & Finance Score of 70%, it lacks several key policies and practices that contribute to transparency and accountability. The absence of a conflict of interest policy, whistleblower policy, and proper documentation practices raises concerns regarding governance.
On a positive note, the organization demonstrates strengths in its board structure, with 100% independent board members and a strong size composition, as well as no material diversion of assets. Furthermore, it maintains a commendable program expense ratio of 88.91%, reflecting a commitment to allocating funds toward its core services. These strengths suggest that while the organization is effective in program delivery, it needs to enhance its operational protocols.
However, the lack of essential documentation, such as meeting minutes and tax forms on its website, points to transparency issues that may affect donor confidence. To bolster its rating and credibility, Edgewood Community Childcare & Learning Center should prioritize addressing these governance deficiencies and enhancing its public accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Edgewood Community Childcare & Learning Center legitimate?
Edgewood Community Childcare & Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgewood Community Childcare & Learning 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: $50,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,829
For more financial information, click here
What is the mission statement of Edgewood Community Childcare & Learning Center?
The Edgewood Community Childcare & Learning Center's mission is centered around providing early education and after-school care. For four-year-olds, they offer a preschool program designed to foster growth and development. Similarly, they cater to children between the ages of five and fifteen through an after-school program, ensuring a continuous learning environment. The center's mission, in essence, aims to support the holistic development of young minds.
Who is the CEO of Edgewood Community Childcare & Learning Center?
Michelle Venteicher is the President of Edgewood Community Childcare & Learning Center.
What is the revenue of Edgewood Community Childcare & Learning Center?
Edgewood Community Childcare & Learning Center's revenue in 2023 was $478,397.
Who are the executives of Edgewood Community Childcare & Learning Center and what are their salaries?
The average compensation at Edgewood Community Childcare & Learning Center during 2023 was $9,165. There are 37 employees and 5 volunteers at Edgewood Community Childcare & Learning Center.
Here are 8 key members and their salaries:
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- Compensation: $50,266
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Where can I find the form 990 for Edgewood Community Childcare & Learning Center?
Edgewood Community Childcare & Learning Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Edgewood Community Childcare & Learning Center
Edgewood Community Childcare & Learning Center is committed to providing early education and after-school care for children aged four to fifteen. Their mission is twofold, encompassing a preschool program for four-year-olds and an after-school program catering to children between the ages of five and fifteen. This nonprofit organization aims to offer a nurturing environment that supports the holistic development of young minds, fostering both intellectual and social growth.
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Impact
July, 2024
Edgewood Community Childcare & Learning Center provides valuable educational services to the children of Edgewood, Iowa. They offer a preschool program for 4-year-olds and an after-school program for children aged 5 to 15. By focusing on early childhood education and providing a safe and nurturing environment for school-aged children, the center plays a crucial role in the development and well-being of the local community. The impact of Edgewood Community Childcare & Learning Center extends beyond just academics; it contributes to the overall growth and socialization of the children in the area, fostering a strong foundation for their future success.
This information is meant to be a general summary of Edgewood Community Childcare & Learning 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,760
- Program Service Revenue: $348,926
- Gross Receipts: $480,609
Assets and Liabilities:
- Total Assets: $589,109
- Total Liabilities: $164,673
- Net Assets: $424,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE FEES
Revenue
$327,535
FOOD REIMBURSEMENT
Revenue
$21,391
Organization Details
Phone
(563) 928-6639Principal Officer
Michelle Venteicher
Main Address
PO BOX 483, EDGEWOOD, IA, 520420483
NTEE Category
Code: L80Z - Housing
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