Overview
What is Marizetta Kerry Child Development Center Inc?
The Marizetta Kerry Child Development Center Inc., situated in Charlotte, North Carolina, is a nonprofit organization dedicated to offering high-quality and affordable childcare services. Their mission is to nurture the holistic development of children, particularly those from low-income families. The center expanded its curriculum to foster global awareness, connecting its students with various cultures, enhancing their understanding of similarities and differences, and promoting overall awareness of others. The center currently serves 257 families, with a team of 42 dedicated employees.
Official website here: www.mzkchildcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Marizetta Kerry Child Development Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a strong emphasis on fiscal responsibility, with a notable lack of material diversion of assets and a favorable liabilities to assets ratio. The organization demonstrates good governance practices, including an entirely independent board and comprehensive policies regarding conflicts of interest, whistleblowing, and document retention.
The center's program expense ratio of 66.59% shows that a significant portion of its expenditures is directed towards its programs rather than administrative costs, which is a positive indicator for donors looking to support effective initiatives. The availability of board meeting minutes further enhances transparency, contributing to the organization's credibility in the eyes of stakeholders.
While the overall rating is commendable, there are areas for improvement, particularly in maximizing the program expense ratio to increase the percentage allocated to direct service delivery. Overall, the center demonstrates a commitment to transparency and accountability, making it a reliable choice for potential donors who prioritize these values.
This AI summary has been generated from information found on Charity Navigator.
Is Marizetta Kerry Child Development Center Inc legitimate?
Marizetta Kerry Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marizetta Kerry 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: $276,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,177,800
For more financial information, click here
Official website here: www.mzkchildcare.org
What is the mission statement of Marizetta Kerry Child Development Center Inc?
The Marizetta Kerry Child Development Center Inc's mission is centered around providing both affordable and high-quality childcare services. This mission is particularly focused on supporting low-income families. The center expands its curriculum to incorporate global awareness, aiming to shrink the world for its students by fostering connections with various cultures. This approach increases exposure to similarities and differences, ultimately promoting a broader understanding and appreciation of others. The center serves 257 families with its high-quality and affordable childcare services.
Official website here: www.mzkchildcare.org
Who is the CEO of Marizetta Kerry Child Development Center Inc?
Dr Clifford A Jones Sr is the Principal Officer of Marizetta Kerry Child Development Center Inc.
Official website here: www.mzkchildcare.org
What is the revenue of Marizetta Kerry Child Development Center Inc?
Marizetta Kerry Child Development Center Inc's revenue in 2022 was $2,309,467.
Official website here: www.mzkchildcare.org
Who are the executives of Marizetta Kerry Child Development Center Inc and what are their salaries?
The average compensation at Marizetta Kerry Child Development Center Inc during 2022 was $34,626. There are 42 employees at Marizetta Kerry Child Development Center Inc.
Here are 13 key members and their salaries:
- Compensation: $126,529
- Related: $2,200
- Other: $22,010
- Compensation: $149,951
- Related: $4,200
- Other: $19,851
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- Other: $0
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Official website here: www.mzkchildcare.org
Where can I find the form 990 for Marizetta Kerry Child Development Center Inc?
Marizetta Kerry Child Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mzkchildcare.org
Learn more at the official website: www.mzkchildcare.org
Mission Statement of Marizetta Kerry Child Development Center Inc
Marizetta Kerry Child Development Center Inc is committed to providing high-quality and affordable childcare services that cater to the holistic development of children, with a particular focus on supporting low-income families. Their mission is to offer an enriching environment where children can thrive, both intellectually and emotionally. To achieve this goal, the center has expanded its curriculum to incorporate global awareness, aiming to shrink the globe for its students and foster connections with various cultures. This approach allows children to gain exposure to similarities and differences, enhancing their overall awareness of others. Marizetta Kerry Child Development Center Inc serves 257 families by providing this comprehensive childcare service.
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Impact
July, 2024
Marizetta Kerry Child Development Center Inc's impact can be seen in its dedication to providing high-quality and affordable childcare services to families, particularly those with lower incomes. By expanding its curriculum to include global awareness, the center has not only enriched the educational experience for its students but also fostered connections with multiple cultures. This initiative has increased exposure to similarities and differences among different communities, promoting overall awareness and understanding of others. Through its commitment to holistic child development and community engagement, Marizetta Kerry Child Development Center Inc has positively influenced the lives of 257 families in Charlotte, NC.
This information is meant to be a general summary of Marizetta Kerry 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.
- Program Service Revenue: $698,796
- Gross Receipts: $2,309,467
Assets and Liabilities:
- Total Assets: $1,193,543
- Total Liabilities: $70,529
- Net Assets: $1,123,014
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$698,796
Organization Details
Founding Year
1998
Phone
(704) 391-6646Principal Officer
Dr Clifford A Jones Sr
Main Address
3301 BEATTIES FORD RD, CHARLOTTE, NC, 282163737
Website
www.mzkchildcare.orgNTEE Category
Code: P33 - Human services
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