Overview
What is Garretson Child Care Corporation?
Garretson Child Care Corporation, identified in this instance as the operator of Blue Dragon Academy, is a nonprofit organization dedicated to offering comprehensive childcare services. Their primary focus is catering to the needs of infants, toddlers, and school-aged children, providing daily care five days a week through their daycare services program. By doing so, they contribute significantly to the well-being and development of young children, allowing parents or guardians to maintain their personal and professional commitments.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Garretson Child Care Corporation has received a score of 67%, which classifies it as a Two-Star charity. This rating indicates that while the organization demonstrates some strengths, particularly in its program expense ratio of 99.92%, there are notable areas for improvement regarding accountability and financial transparency. The high program expense ratio suggests that the majority of its funds are directed toward its mission, which is a positive sign for potential donors.
However, there are significant limitations in the organization's accountability practices. Garretson Child Care Corporation lacks several essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are crucial for governance and transparency. Furthermore, important financial documents, such as financial statements and its tax form, are not available on its website, which has contributed to the overall lower score in this category.
The organization does have a majority independent board and maintains proper documentation of board meeting minutes, which are positive aspects of its governance structure. Nonetheless, potential supporters should consider the areas needing attention, particularly in financial disclosure and policy implementation, before making a donation.
This AI summary has been generated from information found on Charity Navigator.
Is Garretson Child Care Corporation legitimate?
Garretson Child Care Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garretson Child Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $506,997
For more financial information, click here
What is the mission statement of Garretson Child Care Corporation?
Garretson Child Care Corporation is committed to providing childcare services for infants, toddlers, and school-aged children on a five-day basis. Their mission is focused on ensuring the well-being and development of these children, offering care and support during their formative years. The corporation operates its daycare services program with this objective in mind, aiming to contribute positively to the children's upbringing and learning. By providing this essential service, Garretson Child Care Corporation seeks to support the needs of families and contribute to the overall community.
Who is the CEO of Garretson Child Care Corporation?
Kris Frerk is the President of Garretson Child Care Corporation.
What is the revenue of Garretson Child Care Corporation?
Garretson Child Care Corporation's revenue in 2022 was $1,131,519.
Who are the executives of Garretson Child Care Corporation and what are their salaries?
The average compensation at Garretson Child Care Corporation during 2022 was $8,593. There are 59 employees and 5 volunteers at Garretson Child Care Corporation.
Here are 5 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Garretson Child Care Corporation?
Garretson Child Care Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Garretson Child Care Corporation
Garretson Child Care Corporation is dedicated to providing essential childcare services for infants, toddlers, and school-aged children. This nonprofit organization operates with a mission to offer daily care five days a week, ensuring the well-being and development of young children. By offering this service, Garretson Child Care Corporation plays a significant role in supporting families by providing them with reliable and nurturing care for their little ones. The corporation's childcare program is designed to cater to various age groups, ensuring that each child receives the appropriate attention and care they need to grow and thrive.
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Impact
July, 2024
Garretson Child Care Corporation's impact is felt through its provision of childcare services to infants, toddlers, and school-age children five days per week. By operating the Blue Dragon Academy daycare program, the organization serves the community of Garretson, South Dakota by ensuring that families have access to reliable and high-quality childcare services. This enables parents to work or pursue other activities knowing that their children are well-cared for in a safe and nurturing environment. The organization's mission to provide essential childcare services underscores its commitment to supporting families and promoting the well-being of children in the community.
This information is meant to be a general summary of Garretson Child Care 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: $732,513
- Gross Receipts: $1,131,519
Assets and Liabilities:
- Total Assets: $1,906,475
- Total Liabilities: $1,196,629
- Net Assets: $709,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Daycare Services
Revenue
$732,513
Organization Details
Founding Year
1992
Phone
(605) 594-6667Principal Officer
Kris Frerk
Main Address
701 1st St, Garretson, SD, 57030
NTEE Category
Code: P33Z - Human services
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