Overview
What is Bloomfield Early Learning Center Inc?
Bloomfield Early Learning Center Inc is a nonprofit organization situated in Bloomfield, Connecticut, specifically at 73 Rockwell Avenue. Its primary mission is to offer year-round childcare and early childhood education services to families with modest or low income, not only from Bloomfield but also nearby communities. The center provides both preschool and before and after school care, ensuring each preschool-aged child has the opportunity to reach their full potential through its programs. With a workforce of 26 employees, Bloomfield Early Learning Center Inc is committed to making a positive impact on the lives of local children and families.
Official website here: www.bloomfieldearlylearningcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Bloomfield Early Learning Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial performance. The organization’s overall score is derived from a single beacon that focuses entirely on Accountability & Finance, where it scored 81%. This score reflects significant strengths in governance, with 100% of its board members being independent and a strong financial oversight structure in place.
The center excels in several areas, including a high program expense ratio of 85.10%, which suggests that a significant portion of its funds is allocated directly to its programs. Additionally, it maintains a comprehensive set of policies, such as conflict of interest and document retention policies, showing a commitment to transparency and ethical management. However, it is noted that the organization is missing a whistleblower policy, which could be a potential area for improvement in ensuring robust governance practices.
While Bloomfield Early Learning Center Inc demonstrates solid financial accountability and an effective independent board, its liabilities to assets ratio of 64.40% may indicate a higher level of financial risk. Overall, the organization appears well-managed with a focus on its mission, but addressing the missing whistleblower policy could enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomfield Early Learning Center Inc legitimate?
Bloomfield Early Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomfield Early Learning Center 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: $108,372
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,826
For more financial information, click here
Official website here: www.bloomfieldearlylearningcenter.org
What is the mission statement of Bloomfield Early Learning Center Inc?
The Bloomfield Early Learning Center Inc's mission is centered around providing childcare and early childhood education to families with modest income, hailing primarily from Bloomfield and its surrounding communities. Their objective is to create an environment that allows each preschool-aged child to reach their full potential. The organization offers a range of programs, including both preschool and before and after school care services, aiming to support the overall growth and development of the children under their care.
Official website here: www.bloomfieldearlylearningcenter.org
Who is the CEO of Bloomfield Early Learning Center Inc?
Karen Yorker is the Finance Director of Bloomfield Early Learning Center Inc.
Official website here: www.bloomfieldearlylearningcenter.org
What is the revenue of Bloomfield Early Learning Center Inc?
Bloomfield Early Learning Center Inc's revenue in 2021 was $762,185.
Official website here: www.bloomfieldearlylearningcenter.org
Who are the executives of Bloomfield Early Learning Center Inc and what are their salaries?
The average compensation at Bloomfield Early Learning Center Inc during 2021 was $16,777. There are 26 employees at Bloomfield Early Learning Center Inc.
Here are 9 key members and their salaries:
- Compensation: $52,464
- Related: $0
- Other: $2,089
- Compensation: $49,462
- Related: $0
- Other: $2,867
- 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.bloomfieldearlylearningcenter.org
Where can I find the form 990 for Bloomfield Early Learning Center Inc?
Bloomfield Early Learning Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bloomfieldearlylearningcenter.org
Learn more at the official website: www.bloomfieldearlylearningcenter.org
Mission Statement of Bloomfield Early Learning Center Inc
Bloomfield Early Learning Center Inc is dedicated to serving families with modest to low incomes from Bloomfield and its surrounding communities. Their primary mission is to offer high-quality childcare and early childhood education programs that empower preschool-aged children to realize their full potential. By providing year-round services, including both preschool and before and after school care, Bloomfield Early Learning Center Inc aims to foster a nurturing environment that supports the holistic development of each child under its care. The organization's commitment to low-income families ensures that every child has an equal opportunity to thrive and grow, setting the foundation for a successful future.
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Impact
July, 2024
Bloomfield Early Learning Center Inc's impact is evident in the lives of families in Bloomfield and surrounding communities who have access to quality childcare and early childhood education despite their low or moderate income levels. By offering programs that cater to the needs of each preschool-aged child, the organization is fostering an environment where every child has the opportunity to reach their full potential. Through their year-round services, including preschool and before and after school care, Bloomfield Early Learning Center Inc is playing a crucial role in supporting families and promoting the overall well-being of the community.
This information is meant to be a general summary of Bloomfield Early Learning Center 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 2021.
- Investment Income: $266
- Program Service Revenue: $165,953
- Gross Receipts: $762,884
Assets and Liabilities:
- Total Assets: $1,356,499
- Total Liabilities: $873,715
- Net Assets: $482,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$158,065
Other Income
Revenue
$7,888
Organization Details
Founding Year
1973
Phone
(860) 243-2665Principal Officer
Karen Yorker
Main Address
73 Rockwell Avenue, Bloomfield, CT, 06002
NTEE Category
Code: P33 - Human services
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