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Fsca Inc

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

EIN: 473526652 ✦ Eagle lake, FL ✦ Designated as a 501(c)(3)

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Overview

What is Fsca Inc?

Fsca Inc, situated in Eagle Lake, Florida, is a nonprofit organization committed to providing day care services for underprivileged children. Their primary mission is to offer a secure environment where these children can learn and grow, ensuring their overall well-being. With a dedicated team of 38 employees, Fsca Inc strives to make a difference in the lives of underprivileged families by providing essential care and education for their young ones. The organization's activities are centered around creating a nurturing atmosphere that encourages learning and development.


Official website here: www.futurescholarschristianacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 48% - Zero-Star out of Four Star rating.

Fsca Inc received a low rating from Charity Navigator, reflecting significant accountability and financial concerns. The organization has a complete lack of independent board members, which raises questions about governance and oversight. While there were no reported material diversions of assets, the absence of a whistleblower policy and a document retention policy indicates potential vulnerabilities in operational transparency.

On a positive note, Fsca Inc demonstrates a strong commitment to its program expenses, with a program expense ratio of 99.86%. This suggests that nearly all of its expenditures are directed towards its programs, which is a positive indicator of mission focus. However, the high liabilities to assets ratio of 869.47% is alarming, suggesting the organization may be heavily in debt relative to its assets.

Overall, while Fsca Inc appears to prioritize programmatic spending, the lack of independent governance and significant financial liabilities pose serious concerns for potential donors and stakeholders. The absence of crucial policies may hinder the organization's accountability and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Fsca Inc legitimate?

Fsca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fsca 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: $49,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,029

For more financial information, click here


Official website here: www.futurescholarschristianacademy.org

What is the mission statement of Fsca Inc?

Fsca Inc is committed to providing a safe environment for children from underprivileged backgrounds, facilitating their learning and care. This mission is carried out through the provision of day care services. The organization's primary goal is to ensure these children receive a nurturing and secure environment that fosters their intellectual growth and overall well-being. By doing so, Fsca Inc aims to contribute positively to their future prospects, providing them with an equal opportunity to succeed.


Official website here: www.futurescholarschristianacademy.org

Who is the CEO of Fsca Inc?

Debra C Ardis is the President of Fsca Inc.


Official website here: www.futurescholarschristianacademy.org

What is the revenue of Fsca Inc?

Fsca Inc's revenue in 2022 was $463,595.


Official website here: www.futurescholarschristianacademy.org

Who are the executives of Fsca Inc and what are their salaries?

The average compensation at Fsca Inc during 2022 was $8,028. There are 38 employees at Fsca Inc.


Here are 3 key members and their salaries:


Debra C Ardis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra C Ardis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.futurescholarschristianacademy.org

Where can I find the form 990 for Fsca Inc?

Fsca Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.futurescholarschristianacademy.org

Learn more at the official website: www.futurescholarschristianacademy.org

Mission Statement of Fsca Inc

Fsca Inc, a nonprofit organization, is dedicated to providing a secure environment for children from underprivileged families, enabling them to learn and grow. Its mission is centered around creating a nurturing space where these children can thrive. By offering day care services, Fsca Inc seeks to alleviate the pressures faced by underprivileged parents, allowing them to focus on their own needs while ensuring their children receive the care and education they need.

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Impact




July, 2024

Fsca Inc's impact can be seen in its provision of a safe environment for the children of underprivileged parents, allowing them to access learning and care services. By offering day care services specifically tailored to underprivileged children in Eagle Lake, Florida, Fsca Inc plays a crucial role in supporting the educational and developmental needs of this vulnerable population. Through its mission to provide a safe and nurturing environment for these children, Fsca Inc contributes to promoting education and ensuring the well-being of the next generation.




This information is meant to be a general summary of Fsca 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
$463,595 (2022)
Expenses
$643,584 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $463,595
  • Gross Receipts: $463,595

Assets and Liabilities:

  • Total Assets: $81,126
  • Total Liabilities: $705,374
  • Net Assets: -$624,248

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Programs

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

CHILD CARE

Revenue

$463,595

Organization Details

Founding Year

2016

Principal Officer

Debra C Ardis

Main Address

551 E EAGLE AVENUE, EAGLE LAKE, FL, 33839

NTEE Category

Code: B24 - Education

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