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Magical Palace Of Knowledge Center Inc

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

EIN: 451954256 ✦ Clifton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Magical Palace Of Knowledge Center Inc?

The Magical Palace of Knowledge Center Inc. is a nonprofit organization, although its current status is not specified, that focuses on early childhood development and day care services. Their primary mission involves nurturing and educating young children, ensuring they have a solid foundation for future growth and learning. Despite not being able to provide information on its current status, the organization's commitment to early childhood development and day care services remains evident.

Is Magical Palace Of Knowledge Center Inc legitimate?

Magical Palace Of Knowledge Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magical Palace Of Knowledge 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,114

For more financial information, click here

What is the mission statement of Magical Palace Of Knowledge Center Inc?

The Magical Palace Of Knowledge Center Inc, in its active period, focused on providing day care and early childhood development services. However, as per the available information, this nonprofit organization is now terminated or no longer operational. The specifics of its mission or activities beyond day care and early childhood development are not available for this organization.

Who is the CEO of Magical Palace Of Knowledge Center Inc?

Vera Maydel is the President of Magical Palace Of Knowledge Center Inc.

What is the revenue of Magical Palace Of Knowledge Center Inc?

Magical Palace Of Knowledge Center Inc's revenue in 2020 was $576,629.

Who are the executives of Magical Palace Of Knowledge Center Inc and what are their salaries?


There is 1 key member and their salary:


Vera Maydel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Magical Palace Of Knowledge Center Inc?

Magical Palace Of Knowledge Center Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Magical Palace Of Knowledge Center Inc

Magical Palace of Knowledge Center Inc, once an active nonprofit organization, had a mission focused on day care and early childhood development. Its primary goal was to provide a nurturing environment for young children, promoting their overall growth and development. However, as the information provided suggests, this organization is no longer in operation. While its impact and legacy may be missed, the spirit of its mission can inspire other organizations to continue providing essential services for children in their formative years.

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Impact




October, 2024

Magical Palace Of Knowledge Center Inc had a focus on day care and early childhood development, providing essential services to the community in Clifton, NJ. Through its activities, it contributed to the development of young children by offering a nurturing environment that supported early learning and socialization. Its efforts aimed at enhancing the cognitive and emotional growth of children, which is crucial during the formative years.

The center likely played a role in supporting families by providing reliable care options, thereby allowing parents to pursue work and other responsibilities with peace of mind. The center's commitment to human services underscored its significance in promoting the well-being of children and families in the local community. Though it is no longer active, the impact of such organizations often lasts in the lives of those who benefited from their services.




This information is meant to be a general summary of Magical Palace Of Knowledge 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
$576,629 (2020)
Expenses
$619,899 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $576,629
  • Gross Receipts: $576,629

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

TUITION INCOME

Revenue

$576,629

Organization Details

Founding Year

2012

Principal Officer

Vera Maydel

Main Address

775 VALLEY ROAD, CLIFTON, NJ, 07013

NTEE Category

Code: P20 - Human services

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