Overview
What is New Destiny Daycare And Learning Academy?
New Destiny Daycare and Learning Academy is a nonprofit organization situated in Meridian, Mississippi, with a specific focus on assisting low-income and at-risk families. They accomplish this mission by partnering with the local community to deliver high-quality childcare and educational services. With a dedicated workforce of 19 individuals, they strive to make a positive impact on the lives of these families and contribute to their overall well-being. The organization's activities are centered around providing a supportive environment that fosters learning and growth for the children they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
New Destiny Daycare And Learning Academy has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 71%. The organization's accountability and finance score, which is also 71%, highlights significant strengths including a fully independent board and a solid liabilities to assets ratio. These factors indicate a commitment to governance and financial stability.
However, the organization faces notable challenges in financial transparency, as evidenced by a score of 0 out of 15 for financial statements. Additionally, the lack of a whistleblower policy and shortcomings in document retention practices reflect areas where improvements are necessary. The absence of a posted tax form on the nonprofit's website further contributes to concerns regarding transparency.
Despite these issues, New Destiny Daycare And Learning Academy demonstrates a strong commitment to maintaining an independent board and effectively allocating program expenses. Addressing the identified limitations could enhance its overall performance and reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is New Destiny Daycare And Learning Academy legitimate?
New Destiny Daycare And Learning Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Destiny Daycare And Learning Academy 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: $567,312
For more financial information, click here
What is the mission statement of New Destiny Daycare And Learning Academy?
New Destiny Daycare and Learning Academy's mission is centered around collaborating with local families in need. They strive to offer high-quality childcare and educational services to families who are financially disadvantaged or at risk. The organization's goal is to contribute positively to these families' lives by providing an essential support system. Their activities aim to empower these families, ensuring their children receive a solid educational foundation.
Who is the CEO of New Destiny Daycare And Learning Academy?
Greg Cole is the Treasurer of New Destiny Daycare And Learning Academy.
What is the revenue of New Destiny Daycare And Learning Academy?
New Destiny Daycare And Learning Academy's revenue in 2022 was $1,446,847.
Who are the executives of New Destiny Daycare And Learning Academy and what are their salaries?
The average compensation at New Destiny Daycare And Learning Academy during 2022 was $29,859. There are 19 employees and 45 volunteers at New Destiny Daycare And Learning Academy.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for New Destiny Daycare And Learning Academy?
New Destiny Daycare And Learning Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Destiny Daycare And Learning Academy
New Destiny Daycare and Learning Academy is committed to collaborating with community families by offering childcare and educational services to families who are financially disadvantaged or at risk. This nonprofit organization's mission is to extend a helping hand to these families, ensuring their children receive quality care and education. By doing so, New Destiny Daycare and Learning Academy aims to make a positive impact on the lives of these families, providing them with the resources they need to thrive. The organization's mission is centered around the belief that every child deserves a nurturing environment and a solid educational foundation, regardless of their family's financial situation.
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Impact
July, 2024
New Destiny Daycare And Learning Academy has a significant impact on the Meridian community by partnering with families to provide essential childcare and educational services to low-income and at-risk families. Through its mission to support the community and empower families, the academy plays a crucial role in ensuring that children receive quality care and education, regardless of their economic circumstances. By offering these services, New Destiny Daycare And Learning Academy contributes to the overall well-being and future success of the children and families it serves, making a positive difference in their lives and the community as a whole.
This information is meant to be a general summary of New Destiny Daycare And Learning Academy. 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: $165,439
- Gross Receipts: $1,446,847
Assets and Liabilities:
- Total Assets: $296,533
- Total Liabilities: $0
- Net Assets: $296,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$165,439
Organization Details
Founding Year
2012
Phone
(601) 479-9553Principal Officer
Greg Cole
Main Address
5718 5th street, Meridian, MS, 39301
NTEE Category
Code: P33 - Human services
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