Overview
What is Alpha Day Care Center Corporation?
Alpha Day Care Center Corporation is a nonprofit organization, primarily dedicated to offering day care services. They cater to eligible children, utilizing funds from the Parents for Fees program and supplemented by co-payments from parents. Their mission is to provide top-quality day care at affordable costs, serving families in need while contributing positively to the community. The organization operates a primary day care center, ensuring that they meet the needs of their community effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Alpha Day Care Center Corporation has received a rating of 53%, which indicates significant areas for improvement, especially in accountability and finance. The organization scored poorly on several key governance aspects, such as having no independent board members and lacking essential policies like conflict of interest and whistleblower protections. However, it does maintain a solid program expense ratio of 96.86%, suggesting that a large majority of its funds are directed towards its programs.
Despite its high program expense ratio, the lack of transparency and governance practices raises concerns about the overall management and oversight of the organization. The absence of a website listed on its tax form and key documents on its website further contributes to its low score. The organization does show some strengths, such as having documented board meeting minutes and no material diversion of assets, but these are overshadowed by the significant governance deficiencies.
Overall, while Alpha Day Care Center Corporation demonstrates a commitment to directing funds towards its programs, the lack of independent oversight and missing governance policies highlight a need for better management practices. Prospective donors and stakeholders may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Day Care Center Corporation legitimate?
Alpha Day Care Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Day Care Center Corporation 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: $114,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Alpha Day Care Center Corporation?
Alpha Day Care Center Corporation's mission is centered around providing daycare services to eligible children. Funding for these services comes from the Parents for Fees program and additional co-pays from parents. The primary aim is to offer high-quality daycare services at affordable costs to families in need. The center also seeks to serve and contribute to the larger community.
Who is the CEO of Alpha Day Care Center Corporation?
Amona Belot is the Trustee of Alpha Day Care Center Corporation.
What is the revenue of Alpha Day Care Center Corporation?
Alpha Day Care Center Corporation's revenue in 2022 was $458,352.
Who are the executives of Alpha Day Care Center Corporation and what are their salaries?
The average compensation at Alpha Day Care Center Corporation during 2022 was $28,512. There are 4 employees at Alpha Day Care Center Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Alpha Day Care Center Corporation?
Alpha Day Care Center Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alpha Day Care Center Corporation
Alpha Day Care Center Corporation is committed to providing high-quality day care services to families in need, utilizing funds from the Parents for Fees program and co-payments from parents. The primary mission of this organization is to serve the community at large, offering affordable day care services that cater to eligible children. Alpha Day Care Center Corporation strives to meet the needs of these families, ensuring that their children receive top-notch care and education during their early years. The corporation's goal is to make a positive impact on the community by offering day care services that are both affordable and of excellent quality.
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Impact
July, 2024
Alpha Day Care Center Corporation's impact lies in providing quality day care services to eligible children in need in the Orange, NJ community. By offering these services at reasonable costs and with the support of parents' fees and co-pays, the organization plays a crucial role in assisting families who require reliable and affordable child care. This enables parents to work or pursue other activities knowing that their children are well cared for. Overall, Alpha Day Care Center Corporation contributes to the well-being of families and the community by ensuring access to essential day care services.
This information is meant to be a general summary of Alpha Day Care Center Corporation. 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.
- Program Service Revenue: $458,352
- Gross Receipts: $458,352
Assets and Liabilities:
- Total Assets: $164,579
- Total Liabilities: $0
- Net Assets: $164,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION
Revenue
$458,352
Organization Details
Founding Year
2020
Principal Officer
Amona Belot
Main Address
105 MAIN ST, ORANGE, NJ, 07050
NTEE Category
Code: P33 - Human services
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