Overview
What is Takoma Park Child Development Center Inc?
Takoma Park Child Development Center Inc is a nonprofit organization situated in Takoma Park, Maryland, specifically at 310 Tulip Avenue. Their primary mission is to provide a nurturing environment for children, fostering a positive self-image, feelings of trust and security, and instilling a love for learning and respect for others. The center also strives to promote a harmonious, diverse community and supports families by offering consistent, convenient, affordable, and high-quality childcare services. Currently, the organization employs 35 individuals, demonstrating their commitment to the well-being of the children and families in their community.
Official website here: www.tpcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
The Takoma Park Child Development Center Inc has received a Two-Star rating from Charity Navigator, indicating that while it shows some strengths, it also has significant areas for improvement. The organization has a solid 81.23% program expense ratio, suggesting that the majority of its resources are allocated to its programs rather than administrative costs. Additionally, it boasts a fully independent board and has no material diversion of assets, which reflects good governance practices.
However, the charity faces challenges in its accountability and financial transparency. It scored poorly in areas related to financial statements, with no documents available, and lacks critical policies such as a whistleblower policy and document retention guidelines. The absence of these components raises concerns about the organization’s commitment to transparency and could impact its overall credibility.
Overall, while the Takoma Park Child Development Center Inc demonstrates responsible management of its resources, particularly in its program expenses, the lack of transparency and certain governance policies may hinder its effectiveness and public trust moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Takoma Park Child Development Center Inc legitimate?
Takoma Park Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Takoma Park Child Development Center 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: $97,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,144,755
For more financial information, click here
Official website here: www.tpcdc.org
What is the mission statement of Takoma Park Child Development Center Inc?
The Takoma Park Child Development Center Inc's mission is centered around providing a secure and nurturing environment for children. This environment encourages the development of a positive self-image, trust, and feelings of security. The center also fosters a love for learning and respect for others. Additionally, it is dedicated to promoting a harmonious, diverse community and supporting families by offering consistent, convenient, affordable, and high-quality child care services.
Official website here: www.tpcdc.org
Who is the CEO of Takoma Park Child Development Center Inc?
Lara Marks Finder is the Center Director of Takoma Park Child Development Center Inc.
Official website here: www.tpcdc.org
What is the revenue of Takoma Park Child Development Center Inc?
Takoma Park Child Development Center Inc's revenue in 2022 was $2,685,781.
Official website here: www.tpcdc.org
Who are the executives of Takoma Park Child Development Center Inc and what are their salaries?
The average compensation at Takoma Park Child Development Center Inc during 2022 was $35,497. There are 35 employees and 50 volunteers at Takoma Park Child Development Center Inc.
Here are 20 key members and their salaries:
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Official website here: www.tpcdc.org
Where can I find the form 990 for Takoma Park Child Development Center Inc?
Takoma Park Child Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tpcdc.org
Learn more at the official website: www.tpcdc.org
Mission Statement of Takoma Park Child Development Center Inc
Takoma Park Child Development Center Inc is committed to providing children with a nurturing and safe environment that fosters a positive sense of self, feelings of trust and security, and a love for learning. The center strives to promote a harmonious and diverse community and supports families by offering consistent, convenient, affordable, and high-quality childcare services. In essence, Takoma Park Child Development Center Inc seeks to create an environment where children can grow emotionally, intellectually, and socially while their families benefit from reliable and affordable childcare solutions.
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Impact
July, 2024
Takoma Park Child Development Center Inc makes a significant impact by providing children with a safe and nurturing environment where they can develop a positive sense of self, trust, security, and a love for learning. The center is dedicated to promoting a harmonious and diverse community while supporting families with consistent, convenient, affordable, and high-quality child care services. Through its mission of fostering positive child development and supporting families, the organization plays a crucial role in enhancing the well-being of children and the community in Takoma Park.
This information is meant to be a general summary of Takoma Park Child Development Center 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: $12,750
- Program Service Revenue: $1,812,392
- Gross Receipts: $2,685,781
Assets and Liabilities:
- Total Assets: $1,362,673
- Total Liabilities: $143,889
- Net Assets: $1,218,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,812,392
Organization Details
Founding Year
1996
Phone
(301) 270-6824Principal Officer
Lara Marks Finder
Main Address
310 TULIP AVE, TAKOMA PARK, MD, 209124339
Website
www.tpcdc.orgNTEE Category
Code: B21P - Education
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