Overview
What is Montgomery Child Care Association Inc?
Montgomery Child Care Association Inc, situated in Rockville, Maryland, is a dedicated nonprofit organization that prioritizes providing top-notch child care and early education services to more than 500 children ranging from infants to school age. Operating across ten locations, they aim to foster a nurturing environment that promotes learning through play-based education. Their mission extends beyond child care, as they also offer professional training for child care providers, advocating for affordable child care options for families across income levels, and advocating for better compensation, training, and benefits for child care professionals.
Official website here: www.mccaedu.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% - Four-Star out of Four Star Rating**
Montgomery Child Care Association Inc. has achieved an impressive 96% rating from Charity Navigator, which is indicative of strong accountability and financial health. This score is based entirely on its Accountability & Finance score, highlighting the organization's commitment to maintaining a transparent and responsible financial operation. The absence of any material diversion of assets and high scores in board independence and financial document oversight further reinforce the organization's integrity.
The organization demonstrates significant strength in its program expense ratio, with over 72% of its expenses allocated directly to its programs. This emphasizes its mission-focused approach and efficient use of funds to benefit the community it serves. Additionally, the organization showcases robust governance practices, with a fully independent board and clearly defined policies for conflict of interest and whistleblowers.
However, the organization has not yet been evaluated in terms of Impact & Measurement, Culture & Community, or Leadership & Adaptability. This lack of evaluation may limit potential donors from obtaining a more comprehensive understanding of the organization's overall effectiveness and impact on its community. User reviews are currently not available to provide additional insight into its operations or community perception.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery Child Care Association Inc legitimate?
Montgomery Child Care Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Child Care Association 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: $268,369
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,131,023
For more financial information, click here
Official website here: www.mccaedu.org
What is the mission statement of Montgomery Child Care Association Inc?
Montgomery Child Care Association Inc, as a nonprofit organization, strives to provide top-notch child care and play-based education for children in the community. Their mission extends beyond this, aiming to offer professional training for child care providers to enhance their skills. Additionally, they advocate for affordable child care options for families across various income levels. Furthermore, they are committed to improving the working conditions of child care professionals by advocating for better pay and benefits.
Official website here: www.mccaedu.org
Who is the CEO of Montgomery Child Care Association Inc?
Stephen F Riley is the Principal Officer of Montgomery Child Care Association Inc.
Official website here: www.mccaedu.org
What is the revenue of Montgomery Child Care Association Inc?
Montgomery Child Care Association Inc's revenue in 2022 was $8,715,937.
Official website here: www.mccaedu.org
Who are the executives of Montgomery Child Care Association Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Compensation: $279,884
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- Compensation: $143,732
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- Compensation: $136,807
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- Compensation: $148,032
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- Compensation: $117,108
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- Other: $6,713
Official website here: www.mccaedu.org
Where can I find the form 990 for Montgomery Child Care Association Inc?
Montgomery Child Care Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mccaedu.org
Learn more at the official website: www.mccaedu.org
Mission Statement of Montgomery Child Care Association Inc
Montgomery Child Care Association, Inc. (MCCA) is a dedicated nonprofit organization that aims to deliver exceptional quality child care and play-based education to the community. Their mission is multifaceted, extending beyond just child care. MCCA strives to provide professional training for child care providers, ensuring they are equipped with the necessary skills to cater to the needs of young learners effectively.
Furthermore, MCCA advocates for affordable child care for families across various income levels. Recognizing the importance of early childhood education, they aim to make it accessible and affordable for all. Additionally, they champion better training, pay, and benefits for child care professionals, recognizing their crucial role in shaping the future of the next generation. By empowering both children and their caregivers, MCCA works towards creating a supportive and nurturing environment that fosters the holistic development of young minds.
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Impact
July, 2024
Montgomery Child Care Association Inc provides high-quality child care and early education for over 500 infant to school-age children at 10 sites in Rockville, MD. Their mission is to deliver the highest quality child care and play-based education for children in Montgomery County, as well as provide professional training for child care providers. They also advocate for affordable child care for families of all income levels and support better training, pay, and benefits for child care professionals. Their impact is evident in the improved access to quality child care for families in the community and the support they provide to child care professionals in the field.
This information is meant to be a general summary of Montgomery Child Care Association 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 2022.
- Investment Income: $17,663
- Program Service Revenue: $7,090,015
- Gross Receipts: $8,715,937
Assets and Liabilities:
- Total Assets: $6,824,576
- Total Liabilities: $663,252
- Net Assets: $6,161,324
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEE INCOME
Revenue
$6,444,316
CSS/PARTIAL FEES
Revenue
$645,699
Organization Details
Founding Year
1966
Phone
(301) 984-7680Principal Officer
Stephen F Riley
Main Address
3204 TOWER OAKS BLVD 330, ROCKVILLE, MD, 20852
Website
www.mccaedu.orgNTEE Category
Code: P33Z - Human services
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