Overview
What is Wayne Childcare - Rainbow World?
Wayne Childcare - Rainbow World is a nonprofit organization situated in Wayne, Nebraska, specifically at 1110 East 14th St. Their primary focus is providing childcare services for children ranging from 6 weeks to 9 years old, predominantly catering to families with lower to moderate incomes. The organization's mission is to promote quality childcare within the Wayne community, aiming to stimulate the social, intellectual, and physical development of children using age-appropriate learning tools. The Rainbow World Child Development Center seeks to create an enriching environment for children, fostering their growth and development.
Official website here: www.therainbowchildcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
Wayne Childcare - Rainbow World has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. While the organization scores well on board independence and financial ratios, significant weaknesses are noted in financial transparency, with a score of 0 on several key metrics related to financial statements and governance policies.
The organization demonstrates strong commitment to program expenses, with an impressive program expense ratio of 92.07%, indicating that a large portion of its budget is directed towards its mission. However, the lack of a conflict of interest policy and deficiencies in documentation practices raise concerns about organizational governance and oversight.
Overall, while Wayne Childcare - Rainbow World shows potential through its focus on service delivery, the areas of financial reporting and policy adherence require urgent attention to strengthen its accountability and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Wayne Childcare - Rainbow World legitimate?
Wayne Childcare - Rainbow World is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayne Childcare - Rainbow World 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: $71,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,589
For more financial information, click here
Official website here: www.therainbowchildcare.com
What is the mission statement of Wayne Childcare - Rainbow World?
Wayne Childcare's Rainbow World Child Development Center is committed to promoting high-quality childcare within the broader Wayne community. The center aims to foster the social, intellectual, and physical growth of children, utilizing age-appropriate learning tools. The mission of Rainbow World is to stimulate and nurture the development of children, primarily catering to a majority of low to moderate income families.
Official website here: www.therainbowchildcare.com
Who is the CEO of Wayne Childcare - Rainbow World?
Rachel Miller is the President of Wayne Childcare - Rainbow World.
Official website here: www.therainbowchildcare.com
What is the revenue of Wayne Childcare - Rainbow World?
Wayne Childcare - Rainbow World's revenue in 2022 was $932,605.
Official website here: www.therainbowchildcare.com
Who are the executives of Wayne Childcare - Rainbow World and what are their salaries?
There 40 volunteers at Wayne Childcare - Rainbow World.
Here are 9 key members and their salaries:
- Compensation: $38,326
- Related: $0
- Other: $0
- Compensation: $33,541
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.therainbowchildcare.com
Where can I find the form 990 for Wayne Childcare - Rainbow World?
Wayne Childcare - Rainbow World's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.therainbowchildcare.com
Learn more at the official website: www.therainbowchildcare.com
Mission Statement of Wayne Childcare - Rainbow World
Wayne Childcare - Rainbow World is committed to enhancing the quality of childcare within the wider Wayne community. The organization aims to stimulate the social, intellectual, and physical development of children between the ages of 6 weeks and 9 years, utilizing age-appropriate learning tools. By doing so, Rainbow World Child Development Center strives to foster a nurturing environment that supports the holistic growth of each child in its care, primarily serving families with modest to mid-level incomes.
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Impact
July, 2024
Wayne Childcare - Rainbow World's impact is felt through its dedication to providing quality childcare services to the greater Wayne community. By fostering the social, intellectual, and physical development of children aged 6 weeks to 9 years, primarily from low to moderate-income families, Rainbow World Child Development Center plays a crucial role in shaping the future generation. Through the use of developmentally appropriate learning tools, this childcare facility positively impacts the lives of children and their families, ensuring that they have access to nurturing and educational environments essential for their growth and success.
This information is meant to be a general summary of Wayne Childcare - Rainbow World. 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.
- Investment Income: $881
- Program Service Revenue: $775,335
- Gross Receipts: $932,605
Assets and Liabilities:
- Total Assets: $575,295
- Total Liabilities: $142,020
- Net Assets: $433,275
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care Subsidy income
Revenue
$80,623
Food Program
Revenue
$35,116
Tuition
Revenue
$659,596
Organization Details
Founding Year
1990
Phone
(402) 375-3200Principal Officer
Rachel Miller
Main Address
1110 East 14th St, Wayne, NE, 68787
Website
www.therainbowchildcare.comNTEE Category
Code: P33Z - Human services
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