Overview
What is Bank Board Small Savers Cdc Inc?
Bank Board Small Savers CDC is a nonprofit organization dedicated to assisting parents and guardians by providing a childcare service. Situated within their mission, they aim to offer care for around 50 children, allowing their caretakers to engage in employment activities during daytime hours. The primary goal of Bank Board Small Savers CDC is to contribute positively to the community by providing a reliable and supportive childcare solution.
Official website here: www.smallsavers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Bank Board Small Savers Cdc Inc has a mixed performance according to its 67% rating. The organization has demonstrated strong governance with 100% independent board members and no material diversion of assets, which reflects a commitment to accountability. Its program expense ratio is also impressive at nearly 95%, indicating that most funds are directed toward its programs rather than administrative costs.
However, the charity faces significant limitations in terms of financial transparency and governance policies. There are missing financial statements, and essential policies such as conflict of interest and whistleblower policies have not been established. Additionally, the nonprofit's website is not listed on its tax form, which raises concerns about accessibility and transparency.
Overall, while Bank Board Small Savers Cdc Inc shows strengths in governance and program efficiency, its lack of financial documentation and essential policies may hinder its overall effectiveness and public trust. Improving these areas could enhance its rating and reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bank Board Small Savers Cdc Inc legitimate?
Bank Board Small Savers Cdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bank Board Small Savers Cdc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $925,712
For more financial information, click here
Official website here: www.smallsavers.org
What is the mission statement of Bank Board Small Savers Cdc Inc?
Bank Board Small Savers CDC's mission is centered around providing childcare services. This organization aims to assist parents and guardians by offering childcare, allowing them to engage in employment-related activities during daytime hours. Their mission is to cater to approximately 50 children, ensuring they are well-looked after while their caregivers are engaged in work. This service plays a crucial role in enabling families to maintain a balance between their professional and personal lives.
Official website here: www.smallsavers.org
What is the revenue of Bank Board Small Savers Cdc Inc?
Bank Board Small Savers Cdc Inc's revenue in 2024 was $1,879,705.
Official website here: www.smallsavers.org
Who are the executives of Bank Board Small Savers Cdc Inc and what are their salaries?
The average compensation at Bank Board Small Savers Cdc Inc during 2024 was $51,428. There are 18 employees at Bank Board Small Savers Cdc Inc.
Here are 9 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.smallsavers.org
Where can I find the form 990 for Bank Board Small Savers Cdc Inc?
Bank Board Small Savers Cdc Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.smallsavers.org
Learn more at the official website: www.smallsavers.org
Mission Statement of Bank Board Small Savers Cdc Inc
Bank Board Small Savers CDC, a nonprofit organization, is committed to providing childcare services. Their mission is centered around enabling parents and guardians to engage in employment activities during daytime hours. By offering a Childcare Service, Bank Board Small Savers CDC aims to cater to approximately 50 children, ensuring their care and supervision while their families focus on their professional endeavors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bank Board Small Savers CDC Inc's impact lies in its provision of childcare services that enable parents and guardians to engage in employment activities during the daytime. By offering childcare for approximately 50 children, this organization plays a crucial role in supporting working families in Washington, DC. Through its dedicated work in the field of human services, Bank Board Small Savers CDC Inc contributes to the economic empowerment of parents and the overall well-being of the community.
This information is meant to be a general summary of Bank Board Small Savers Cdc 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 2024.
- Investment Income: $29,453
- Program Service Revenue: $1,547,294
- Gross Receipts: $1,879,705
Assets and Liabilities:
- Total Assets: $866,742
- Total Liabilities: $720
- Net Assets: $866,022
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE
Revenue
$1,547,294
Organization Details
Founding Year
1986
Principal Officer
Jourden Warren
Website
www.smallsavers.orgNTEE Category
Code: P33Z - Human services
If you are a representative of Bank Board Small Savers Cdc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.