Overview
What is Chapel Hill Day Care Center Inc?
Chapel Hill Day Care Center Inc is a nonprofit organization that specializes in providing childcare services. Situated within its facilities, it offers nutritious meals, including breakfast, lunch, and afternoon snacks, not only for the children but also for staff members and visiting adults. The center caters to around 85 children aged between 0 and 5, ensuring that they have access to child care programs year-round.
Official website here: www.chapelhilldaycarecenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The rating indicates that while Chapel Hill Day Care Center Inc meets some accountability and transparency standards, there are significant areas for improvement. The organization scored well on having a majority of independent board members and maintaining a low liabilities to assets ratio, reflecting a solid governance structure and financial health.
Strengths of the organization include a strong program expense ratio of 83.52%, showcasing a commitment to allocating funds towards its mission. The presence of independent board members and documented board meeting minutes further strengthens its governance practices. However, the lack of certain financial statements and missing policies such as whistleblower and document retention are noted limitations that could raise concerns regarding transparency and accountability.
Overall, while Chapel Hill Day Care Center Inc demonstrates positive financial management and governance in certain areas, the absence of critical policies and financial statements points to a need for enhanced transparency to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Chapel Hill Day Care Center Inc legitimate?
Chapel Hill Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chapel Hill Day Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $761,729
For more financial information, click here
Official website here: www.chapelhilldaycarecenter.com
What is the mission statement of Chapel Hill Day Care Center Inc?
Chapel Hill Day Care Center Inc's mission is centered around providing childcare services. They extend this care to children aged 0 to 5, offering them not just a safe environment, but also meals such as breakfast, lunch, and afternoon snack. The center aims to cater to around 85 children throughout the year, ensuring their well-being and growth during this crucial period. By doing so, Chapel Hill Day Care Center Inc contributes to the overall development of young minds and supports their parents or guardians by offering them peace of mind.
Official website here: www.chapelhilldaycarecenter.com
Who is the CEO of Chapel Hill Day Care Center Inc?
Kate Scheidler is the Board Chair of Chapel Hill Day Care Center Inc.
Official website here: www.chapelhilldaycarecenter.com
What is the revenue of Chapel Hill Day Care Center Inc?
Chapel Hill Day Care Center Inc's revenue in 2023 was $1,546,153.
Official website here: www.chapelhilldaycarecenter.com
Who are the executives of Chapel Hill Day Care Center Inc and what are their salaries?
The average compensation at Chapel Hill Day Care Center Inc during 2023 was $25,391. There are 30 employees at Chapel Hill Day Care Center Inc.
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Official website here: www.chapelhilldaycarecenter.com
Where can I find the form 990 for Chapel Hill Day Care Center Inc?
Chapel Hill Day Care Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chapelhilldaycarecenter.com
Learn more at the official website: www.chapelhilldaycarecenter.com
Mission Statement of Chapel Hill Day Care Center Inc
Chapel Hill Day Care Center Inc is dedicated to providing childcare services. At its core, the center offers a nurturing environment for children aged between 0 and 5 throughout the year. Beyond providing a space for young learners, Chapel Hill Day Care Center goes above and beyond by offering nutritious meals, including breakfast, lunch, and an afternoon snack, not only for the children but also for their caretakers and visiting adults. Furthermore, the center offers a variety of childcare programs designed to engage and educate the children under its care.
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Impact
July, 2024
Chapel Hill Day Care Center Inc positively impacts the community by providing essential childcare services to approximately 85 children between the ages of 0 and 5 throughout the year. By offering a nurturing environment, nutritious meals, and structured child care programs, the center supports both working parents and the healthy development of young children in Chapel Hill, NC. This organization plays a crucial role in supporting families and promoting early childhood education, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Chapel Hill Day Care 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 2023.
- Program Service Revenue: $1,153,112
- Gross Receipts: $1,546,153
Assets and Liabilities:
- Total Assets: $2,258,443
- Total Liabilities: $300,718
- Net Assets: $1,957,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parents Tuition
Revenue
$1,118,442
School Food Service
Revenue
$34,670
Organization Details
Founding Year
1967
Principal Officer
Kate Scheidler
Main Address
401 Kildaire Road, Chapel Hill, NC, 27516
NTEE Category
Code: P33 - Human services
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