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Central Faith Child Development Center Inc

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

EIN: 421710920 ✦ Waco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Central Faith Child Development Center Inc?

Central Faith Child Development Center Inc is a nonprofit organization situated in Waco, Texas, specifically at 5720 Bagby Avenue. Their primary mission is to offer high-quality, affordable educational childcare in a Christian-based environment. They cater to the general public, as well as families associated with the local Family Abuse Center, Child Protective Services (CPS), or families receiving state funding due to low income or being full-time students in high school or college. The center's purpose is to enable these families to pursue education and employment opportunities while ensuring their children receive adequate care. The organization employs 91 individuals, demonstrating its commitment to its mission and the community it serves.


Official website here: www.centralfaith.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Central Faith Child Development Center Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The score largely stems from the lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections, which are crucial for governance and transparency in nonprofit organizations.

Despite these governance issues, the organization demonstrates a strong commitment to its programming, as indicated by a high program expense ratio of 90.21%. This suggests that the majority of its resources are directed towards its mission-related activities, which is a positive aspect in terms of service delivery. However, the absence of transparent financial statements raises questions about the overall financial health and management of the organization.

Additionally, the absence of key financial documents on the nonprofit's website may hinder public trust and accountability. Without these essential elements, potential donors and stakeholders may find it challenging to assess the organization's integrity and effectiveness fully. Overall, while Central Faith Child Development Center Inc shows dedication to its programs, significant improvements are needed in governance and transparency to enhance its rating and public perception.


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

What do the Facebook reviews say about Central Faith Child Development Center Inc?

86% of 72 reviewers on Facebook recommend Central Faith Child Development Center Inc. Here is a summary of their reviews:

Many families express a deep satisfaction with their experiences at this child development center. The staff is frequently highlighted for their supportiveness and dedication to the children's development. Parents feel grateful for the positive environment and feel that their children benefit significantly from the school's programs.

Overall, the sentiment is overwhelmingly positive, with reviewers emphasizing the strong sense of community and the enriching experiences provided to their children. It's clear that for many families, this center has been a wonderful choice for their early childhood education needs.


This AI summary has been generated from reviews found on Facebook.

Is Central Faith Child Development Center Inc legitimate?

Central Faith Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Faith Child Development Center 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: $281,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $770,195

For more financial information, click here


Official website here: www.centralfaith.com

What is the mission statement of Central Faith Child Development Center Inc?

Central Faith Child Development Center Inc's mission is centered around providing a high-quality, child-focused educational program in a Christian environment. This is done at an affordable cost, aiming to honor God while benefiting both the children and their families. The center offers child care services to the general public, as well as to families involved with Child Protective Services, low-income families, and full-time students. The primary goal is to allow families to pursue education and employment opportunities, ultimately improving their overall situation.


Official website here: www.centralfaith.com

Who is the CEO of Central Faith Child Development Center Inc?

Linda Taft is the President of Central Faith Child Development Center Inc.


Official website here: www.centralfaith.com

What is the revenue of Central Faith Child Development Center Inc?

Central Faith Child Development Center Inc's revenue in 2022 was $2,048,544.


Official website here: www.centralfaith.com

Who are the executives of Central Faith Child Development Center Inc and what are their salaries?

The average compensation at Central Faith Child Development Center Inc during 2022 was $11,554. There are 91 employees and 2 volunteers at Central Faith Child Development Center Inc.


Here are 4 key members and their salaries:


Courtney Price (President)
  • Compensation: $66,145
  • Related: $0
  • Other: $6,747
Ashley Greany (Secretary/Treasurer)
  • Compensation: $42,921
  • Related: $0
  • Other: $6,373
Norma Nunez (Director)
  • Compensation: $37,265
  • Related: $0
  • Other: $7,309
Linda Taft (Executive Director)
  • Compensation: $107,130
  • Related: $0
  • Other: $7,309


Official website here: www.centralfaith.com

Where can I find the form 990 for Central Faith Child Development Center Inc?

Central Faith Child Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centralfaith.com

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

Mission Statement of Central Faith Child Development Center Inc

Central Faith Child Development Center Inc is committed to providing a high-quality, child-centered educational program in a Christian-based environment. The organization's mission is to offer affordable child care services that honor God, benefiting both the children and their families. Central Faith Child Development Center Inc caters to a diverse range of families, including those affected by family abuse, families involved with Child Protective Services, low-income families, and families with full-time students in high school or college. By providing reliable child care, the center enables families to pursue education and secure employment, ultimately fostering a sense of self-sufficiency and stability.

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Impact




July, 2024

Central Faith Child Development Center Inc positively impacts the community by providing educational child care services to a diverse range of families in need. By offering child care to the general public, victims of family abuse, families involved with CPS, or those receiving state funding due to low income, the center enables parents to pursue education and employment opportunities. Through its child-centered educational program in a Christian-based environment, Central Faith Child Development Center Inc helps children thrive and families succeed. This holistic approach benefits both the children and their families, creating a positive impact on the community.




This information is meant to be a general summary of Central Faith Child Development Center 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.

Revenue
$2,048,544 (2022)
Expenses
$1,933,652 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,655
  • Program Service Revenue: $1,513,619
  • Gross Receipts: $2,048,544

Assets and Liabilities:

  • Total Assets: $427,407
  • Total Liabilities: $0
  • Net Assets: $427,407

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Programs

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

CHILD CARE TUITION

Revenue

$1,467,590

TX AG CHILD FOOD CONTR

Revenue

$46,029

Organization Details

Founding Year

2006

Principal Officer

Linda Taft

Main Address

5720 BAGBY AVENUE, WACO, TX, 76712

NTEE Category

Code: P33 - Human services

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