Overview
What is The Ferc Daycare Center?
The Ferc Daycare Center, also known as the FERC Child Development Center, is a nonprofit institution located at 888 First Street NE Room 100, Washington, DC 20426. Their primary mission is to offer developmentally appropriate childcare services in a secure setting, catering to federal government employees and others. They are committed to aligning their programs with the needs of young children, educating parents, and exploring ways to enhance faculty compensation while keeping tuition costs affordable. The center provides tuition assistance to families based on their financial requirements, offering up to 50% reduction of full tuition, as assessed by a Tuition Assistance Committee. The board annually reviews and adjusts the tuition assistance budget based on the demand for aid and the availability of funds.
Is The Ferc Daycare Center legitimate?
The Ferc Daycare Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ferc Daycare Center 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: $0
For more financial information, click here
What is the mission statement of The Ferc Daycare Center?
The Ferc Daycare Center's mission is centered around providing developmentally appropriate childcare services in a secure environment for both federal government employees and others. The center strives to align its programs with the needs of young children. It also focuses on educating parents and exploring potential fundraising opportunities. Additionally, the center seeks ways to enhance faculty compensation while keeping tuition costs affordable for families. When necessary, the board offers Tuition Assistance to families based on their financial needs, with assistance up to 50% of the full tuition determined by a Tuition Assistance Committee. The board annually reviews and adjusts the Tuition Assistance budget based on demand for assistance and the availability of funds.
Who is the CEO of The Ferc Daycare Center?
Candace Lewis is the Director And Ferc Representative of The Ferc Daycare Center.
What is the revenue of The Ferc Daycare Center?
The Ferc Daycare Center's revenue in 2022 was $308.
Who are the executives of The Ferc Daycare Center and what are their salaries?
There 5 volunteers at The Ferc Daycare Center.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $196,892
- Other: $0
- Compensation: $0
- Related: $142,779
- Other: $0
- Compensation: $0
- Related: $121,139
- Other: $0
- Compensation: $0
- Related: $79,204
- Other: $0
- Compensation: $0
- Related: $45,000
- Other: $0
Where can I find the form 990 for The Ferc Daycare Center?
The Ferc Daycare Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Ferc Daycare Center
The FERC Daycare Center, in its mission, prioritizes ensuring that its programs cater to the developmental needs of young children. The center strives to educate the parents of these children, while also exploring potential fundraising opportunities and seeking ways to enhance faculty compensation without significantly increasing tuition costs. The center's primary goal is to provide developmentally appropriate childcare services in a safe environment, welcoming not just federal government employees but also others in need. To make its services more accessible, The FERC Daycare Center offers Tuition Assistance to families who require financial aid. The amount of assistance is determined on a sliding scale by a dedicated Tuition Assistance Committee, with the board annually reviewing and adjusting the budget based on the demand for assistance and the availability of funds.
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Impact
October, 2024
The Ferc Daycare Center has a profound impact on the community by providing developmentally appropriate childcare services in a safe and nurturing environment. By focusing on the specific needs of young children, the Center ensures that its programs are tailored to promote healthy development and educational growth.
Additionally, the Center plays a crucial role in supporting families by offering tuition assistance based on financial need. This sliding scale assistance, which can cover up to 50% of full tuition, helps make quality childcare accessible to a broader range of families, particularly for federal government employees. The annual review of the Tuition Assistance budget demonstrates a commitment to adapting resources to meet the demand for support.
The Ferc Daycare Center also prioritizes education for parents, empowering them with knowledge and resources to better support their children's development. By exploring fundraising opportunities and seeking to enhance faculty compensation, the Center consistently works to maintain affordable tuition while ensuring that its staff is motivated and skilled.
Overall, The Ferc Daycare Center serves not just as a daycare but as a vital community resource that fosters a supportive environment for both children and their families in Washington, DC.
This information is meant to be a general summary of The Ferc Daycare Center. 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: $210
- Gross Receipts: $308
Assets and Liabilities:
- Total Assets: $127,018
- Total Liabilities: $0
- Net Assets: $127,018
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Organization Details
Founding Year
1989
Phone
(202) 502-6610Principal Officer
Candace Lewis
Main Address
888 First Street NE Room 100, Wasington, DC, 20426
NTEE Category
Code: P33 - Human services
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