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Academy Child Development Cntr Inc

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

EIN: 521228660 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(3)

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Overview

What is Academy Child Development Cntr Inc?

Academy Child Development Ctr Inc, located in Gaithersburg, Maryland, is a distinguished nonprofit organization dedicated to providing high-quality daycare and educational services to approximately 190 children in Montgomery County. The center aims to stay innovative in the field of educational childcare and preschool-primary school programming, being recognized for offering the highest level of licensed and monitored child care and education for children aged 2 months to school-age. With a mission to offer developmentally appropriate early childhood and school-age programs, provide safe and reliable child care options for working parents, maintain a dedicated and professional staff, and develop partnerships with families, staff, and local organizations, Academy Child Development Ctr Inc strives to achieve and maintain the highest levels of EXCELS ratings in the state. Employing a workforce of 57 individuals, the center is committed to fostering an environment that supports both children and their families.


Official website here: www.academychild.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating

Academy Child Development Center Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The overall score of 62 suggests that while the organization has strengths, there are significant areas for improvement, especially regarding its governance practices. The lack of independent board members and transparency in financial statements raises concerns about oversight.

The organization appears to have solid performance in specific areas, such as managing liabilities and program expenses effectively, which indicates that funds are being used for their intended purposes. However, the absence of a whistleblower policy and failure to post tax forms on their website suggest gaps in transparency and accountability that could undermine trust among stakeholders.

Despite these limitations, the Internal controls, including a conflict of interest policy and document retention practices, are in place, which reflects some commitment to good governance. For potential donors or beneficiaries, understanding these strengths and weaknesses is crucial when considering support for the Academy Child Development Center Inc.


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

Is Academy Child Development Cntr Inc legitimate?

Academy Child Development Cntr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Child Development Cntr 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: $238,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,600,443

For more financial information, click here


Official website here: www.academychild.com

What is the mission statement of Academy Child Development Cntr Inc?

Academy Child Development Center Inc aims to lead innovation in the realm of educational childcare and preschool-primary school programming. Recognized for providing high-quality, licensed, and monitored childcare and education, the center caters to children aged 2 months to school-age, representing various cultures and socio-economic backgrounds. Its mission is threefold: to offer developmentally appropriate early childhood and school-age programs, to provide safe, healthy, and reliable childcare options for working parents, and to maintain a committed, professional workforce through competitive salaries, benefits, and ongoing professional development training. The center also fosters partnerships with parents, staff, community, local, state, and national organizations to achieve and maintain top-tier ratings in the state.


Official website here: www.academychild.com

Who is the CEO of Academy Child Development Cntr Inc?

Lesley Walsh-Everhart is the President of Academy Child Development Cntr Inc.


Official website here: www.academychild.com

What is the revenue of Academy Child Development Cntr Inc?

Academy Child Development Cntr Inc's revenue in 2022 was $2,883,578.


Official website here: www.academychild.com

Who are the executives of Academy Child Development Cntr Inc and what are their salaries?

The average compensation at Academy Child Development Cntr Inc during 2022 was $32,265. There are 57 employees at Academy Child Development Cntr Inc.


Here are 5 key members and their salaries:


Lesley Walsh-Everhart (President)
  • Compensation: $118,138
  • Related: $0
  • Other: $7,572
Debora Sullivan (Director)
  • Compensation: $41,609
  • Related: $0
  • Other: $7,773
Naushaba Bokhari (Director)
  • Compensation: $63,452
  • Related: $0
  • Other: $130
Jody Burghardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aileen Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.academychild.com

Where can I find the form 990 for Academy Child Development Cntr Inc?

Academy Child Development Cntr Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.academychild.com

Learn more at the official website: www.academychild.com

Mission Statement of Academy Child Development Cntr Inc

Academy Child Development Ctr Inc is committed to remaining an innovator in the realm of educational childcare and preschool-primary school programming. Recognized for providing top-tier, licensed, and monitored child care and education, the center serves children ranging from 2 months old to school age, catering to the diverse cultures and economic backgrounds of families in Montgomery County. The organization's mission and purpose are multifaceted, aiming to:

1. Offer developmentally appropriate early childhood and school-age programs, ensuring a nurturing environment for the children's growth and development.

2. Provide safe, healthy, and reliable child care options for working parents, alleviating their concerns about their children's well-being while they are away.

3. Maintain a dedicated, professional staff through competitive salaries, benefits, and ongoing professional development training, ensuring the center's staff is well-equipped to meet the needs of the children in their care.

4. Develop and maintain partnerships with parents, staff, community, local, state, and national organizations, fostering a sense of collaboration and support for the center's mission.

5. Achieve and maintain the highest levels of EXCELS ratings in the state, demonstrating the center's dedication to excellence and continuous improvement.

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Impact




July, 2024

Academy Child Development Cntr Inc has a significant impact on the community of Gaithersburg, MD, by providing high-quality daycare and education services to approximately 190 children in Montgomery County. Their mission to offer developmentally appropriate programs, safe and reliable childcare options for working parents, and maintaining a dedicated and professional staff demonstrates their commitment to excellence in early childhood education. By achieving and maintaining the highest levels of quality ratings, they play a crucial role in supporting families of various cultures and economic backgrounds in the area. Academy Child Development Cntr Inc's dedication to innovation and partnership-building contributes positively to the well-being and development of children in the community.




This information is meant to be a general summary of Academy Child Development Cntr 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
$2,883,578 (2022)
Expenses
$2,575,052 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,575
  • Program Service Revenue: $1,814,641
  • Gross Receipts: $3,098,353

Assets and Liabilities:

  • Total Assets: $3,165,630
  • Total Liabilities: $502,870
  • Net Assets: $2,662,760

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Programs

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

DAY CARE TUITION

Revenue

$1,669,293

MISC

Revenue

$145,348

Organization Details

Founding Year

1981

Principal Officer

Lesley Walsh-Everhart

Main Address

9035 SHADY GROVE COURT, GAITHERSBURG, MD, 20877

NTEE Category

Code: P330 - Human services

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