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East Flat Rock Daycare Inc

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

EIN: 561942796 ✦ East flat rock, NC ✦ Designated as a 501(c)(3)

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Overview

What is East Flat Rock Daycare Inc?

East Flat Rock Daycare Inc is a nonprofit organization that serves the local community by offering affordable daycare services. They accomplish this by collaborating with state agencies. Their primary mission is to make quality daycare accessible to families in need, ensuring that cost does not hinder children's early learning and development experiences. Their programs aim to bridge this gap and provide a nurturing environment for children.

Is East Flat Rock Daycare Inc legitimate?

East Flat Rock Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Flat Rock Daycare 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: $301,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of East Flat Rock Daycare Inc?

East Flat Rock Daycare Inc's mission is centered around providing affordable daycare services to the community. They accomplish this by collaborating with local state agencies. Their primary activity involves offering cost-effective childcare options to families in need, ensuring that the local community has access to these essential services.

Who is the CEO of East Flat Rock Daycare Inc?

Terry Maybin is the Director of East Flat Rock Daycare Inc.

What is the revenue of East Flat Rock Daycare Inc?

East Flat Rock Daycare Inc's revenue in 2022 was $455,079.

Who are the executives of East Flat Rock Daycare Inc and what are their salaries?

The average compensation at East Flat Rock Daycare Inc during 2022 was $23,207. There are 13 employees at East Flat Rock Daycare Inc.


Here are 6 key members and their salaries:


Terry Maybin (Director)
  • Compensation: $20,438
  • Related: $0
  • Other: $0
Christina Martinez (Employee)
  • Compensation: $35,804
  • Related: $0
  • Other: $0
Sandy Mccrary (Key Employee)
  • Compensation: $40,242
  • Related: $0
  • Other: $0
Jennifer Rhymer (Key Employee)
  • Compensation: $34,101
  • Related: $0
  • Other: $0
Cheryl Snyder (Key Employee)
  • Compensation: $38,266
  • Related: $0
  • Other: $0
Homer Maybin (Maintenance)
  • Compensation: $51,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for East Flat Rock Daycare Inc?

East Flat Rock Daycare Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of East Flat Rock Daycare Inc

East Flat Rock Daycare Inc, a community-focused organization, is dedicated to providing a mission of affordability in the realm of childcare services. By collaborating with state agencies, this nonprofit endeavors to make high-quality daycare services accessible to families in need, ensuring that financial constraints do not hinder a child's early development. The organization's programs aim to offer affordable childcare options, contributing significantly to the local community's well-being.

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Impact




October, 2024

East Flat Rock Daycare Inc plays a crucial role in its community by providing low-cost daycare services, making quality childcare accessible to families in need. By collaborating with state agencies, the daycare ensures that local families can find affordable options that allow them to work and support their households without the burden of high childcare costs. This not only enhances the economic stability of families but also supports the social development of children in a nurturing environment. The services offered contribute to greater community well-being by enabling parents to pursue employment or education while ensuring their children receive quality care and early childhood learning opportunities.




This information is meant to be a general summary of East Flat Rock Daycare 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
$455,079 (2022)
Expenses
$482,855 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $51
  • Program Service Revenue: $455,028
  • Gross Receipts: $455,079

Assets and Liabilities:

  • Total Assets: $119,142
  • Total Liabilities: $0
  • Net Assets: $119,142

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Programs

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

DAYCARE FEES

Revenue

$204,446

COMMUNITY FOUNDATION

Revenue

$25,911

STABILIZATION GRANT

Revenue

$60,498

ALL OTHER SOURCES

Revenue

$10,218

NC STATE AND COUNTY

Revenue

$153,955

Organization Details

Founding Year

1990

Principal Officer

Terry Maybin

Main Address

P O BOX 475, EAST FLAT ROCK, NC, 287260475

NTEE Category

Code: P33 - Human services

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