Overview
What is Busy Bee Child Care Ministry Inc?
Busy Bee Child Care Ministry Inc, located at 6620 Troon Way, Indianapolis, IN 46237, is a nonprofit organization with a focus on providing affordable daycare services. Their mission extends beyond the church community, offering daycare facilities to the general public as well. The organization employs a team of 40 individuals, ensuring they can cater to the needs of numerous families. Their primary goal is to make quality early childhood education accessible and affordable, thereby contributing positively to the community's children and families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 64%)
Busy Bee Child Care Ministry Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. The organization scored 64% overall, with a particularly concerning lack of independent board members and missing financial statements, which significantly impacted their scores in those categories.
On a positive note, Busy Bee Child Care Ministry demonstrates a strong commitment to its mission with a program expense ratio of 100%, meaning all of its expenses are directed towards its programs. Additionally, the presence of a conflict of interest policy, a whistleblower policy, and documented board meeting minutes suggests that the organization is taking steps to ensure ethical governance and transparency.
However, the absence of independent board members and missing financial disclosures raise questions about the organization's governance and transparency practices. To enhance its rating, Busy Bee Child Care Ministry should work towards increasing board independence and improving the availability of financial information to the public.
This AI summary has been generated from information found on Charity Navigator.
Is Busy Bee Child Care Ministry Inc legitimate?
Busy Bee Child Care Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Busy Bee Child Care Ministry 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: $99,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $516,346
For more financial information, click here
What is the mission statement of Busy Bee Child Care Ministry Inc?
Busy Bee Child Care Ministry Inc has a mission to offer an affordable daycare service, extending this opportunity not only to its church members but also to the wider public. The organization's primary goal is to make high-quality early childhood education accessible and affordable to a broader community. By doing so, they aim to contribute positively to the lives of young children and their families, fostering their growth and development in a nurturing environment.
Who is the CEO of Busy Bee Child Care Ministry Inc?
Staci Hicks is the President of Busy Bee Child Care Ministry Inc.
What is the revenue of Busy Bee Child Care Ministry Inc?
Busy Bee Child Care Ministry Inc's revenue in 2022 was $1,229,244.
Who are the executives of Busy Bee Child Care Ministry Inc and what are their salaries?
The average compensation at Busy Bee Child Care Ministry Inc during 2022 was $15,404. There are 40 employees at Busy Bee Child Care Ministry Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Busy Bee Child Care Ministry Inc?
Busy Bee Child Care Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Busy Bee Child Care Ministry Inc
Busy Bee Child Care Ministry Inc is committed to providing an affordable daycare service, extending this opportunity not just to its church members but also to the wider public. The organization's mission is centered around making quality childcare more accessible and affordable, thereby benefiting a diverse range of families. By doing so, Busy Bee Child Care Ministry Inc contributes to the well-being and development of young children, ensuring they receive proper care and attention during their formative years.
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Impact
July, 2024
Busy Bee Child Care Ministry Inc's impact is significant in providing affordable daycare services for church members and the public in Indianapolis. By offering this service, Busy Bee helps working parents in the community by providing a safe and nurturing environment for their children while they are at work or attending other commitments. This support not only benefits the families directly involved but also positively impacts the community by enabling parents to work and contribute to the local economy.
This information is meant to be a general summary of Busy Bee Child Care Ministry 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,141,811
- Gross Receipts: $1,229,244
Assets and Liabilities:
- Total Assets: $318,505
- Total Liabilities: $0
- Net Assets: $318,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE REVENUE
Revenue
$1,141,811
Organization Details
Founding Year
2011
Principal Officer
Staci Hicks
Main Address
6620 TROON WAY, INDIANAPOLIS, IN, 46237
NTEE Category
Code: X99 - Religion related
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