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Childrens Center For Discovery Inc

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

EIN: 521534761 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

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Overview

What is Childrens Center For Discovery Inc?

Children's Center for Discovery Inc is a nonprofit organization situated in Frederick, Maryland. Their primary focus is providing top-notch day care services, ensuring personal care, emotional development, and educational growth for children. They are committed to offering affordable yet high-quality day care options, catering to the needs of parents and guardians in the area.


Official website here: www.ccfdchildcare.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%

Children's Center for Discovery Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly on various metrics, particularly with regard to board independence and governance policies, which are essential for transparency and proper oversight. Specifically, the charity has no independent board members and lacks crucial policies such as conflict of interest and whistleblower protections.

Despite its weaknesses in governance, the organization demonstrates a strong commitment to its mission, evidenced by a high program expense ratio of 98.71%. This suggests that a substantial portion of its resources is directed towards its programs rather than administrative costs. However, the high liabilities to assets ratio of 80.13% raises concerns about its financial stability and sustainability in the long term.

Overall, the lack of independent oversight and essential governance policies points to areas needing improvement. Potential donors should be cautious and consider these factors when evaluating the organization's overall effectiveness and reliability.


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

Is Childrens Center For Discovery Inc legitimate?

Childrens Center For Discovery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Childrens Center For Discovery 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ccfdchildcare.com

What is the mission statement of Childrens Center For Discovery Inc?

The Children's Center for Discovery Inc. is committed to delivering high-quality day care services. Their mission focuses on offering affordable and top-notch care, placing emphasis on the children's emotional development and educational growth. The center prioritizes personal attention to ensure each child receives the necessary support and nurturing required for their overall well-being.


Official website here: www.ccfdchildcare.com

Who is the CEO of Childrens Center For Discovery Inc?

David Sowers is the President of Childrens Center For Discovery Inc.


Official website here: www.ccfdchildcare.com

What is the revenue of Childrens Center For Discovery Inc?

Childrens Center For Discovery Inc's revenue in 2021 was $496,846.


Official website here: www.ccfdchildcare.com

Who are the executives of Childrens Center For Discovery Inc and what are their salaries?

The average compensation at Childrens Center For Discovery Inc during 2021 was $455. There are 22 employees at Childrens Center For Discovery Inc.


There is 1 key member and their salary:


David Sowers (President)
  • Compensation: $10,000
  • Related: $0
  • Other: $0


Official website here: www.ccfdchildcare.com

Where can I find the form 990 for Childrens Center For Discovery Inc?

Childrens Center For Discovery Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.ccfdchildcare.com

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

Mission Statement of Childrens Center For Discovery Inc

The Children's Center for Discovery Inc. is committed to delivering top-notch day care services that focus on personal attention, emotional development, and education. This nonprofit organization's mission is to offer affordable yet high-quality day care services to parents and guardians, ensuring the well-being and growth of children in Frederick, MD. By prioritizing each child's needs, the Children's Center for Discovery Inc. fosters an environment that encourages emotional development and learning, providing a solid foundation for the children's future.

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Impact




July, 2024

Childrens Center For Discovery Inc's impact can be seen in the high-quality day care services they provide in Frederick, MD. By prioritizing personal attention, emotional development, and education for children, they are fulfilling their mission of offering affordable yet quality day care services for parents and guardians in the community. Their commitment to human services is evident in the positive influence they have on the lives of children and families in Frederick.




This information is meant to be a general summary of Childrens Center For Discovery 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
$496,846 (2021)
Expenses
$378,220 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $371,693
  • Gross Receipts: $496,846

Assets and Liabilities:

  • Total Assets: $189,692
  • Total Liabilities: $194,440
  • Net Assets: -$4,748

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Programs

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

DAY CARE SERVICES

Revenue

$371,693

Organization Details

Founding Year

1987

Principal Officer

David Sowers

Main Address

709 HOLDEN ROAD, FREDERICK, MD, 21701

NTEE Category

Code: P33Z - Human services

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