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Fourth Street Daycare Center Inc

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

EIN: 582172029 ✦ Columbus, GA ✦ Designated as a 501(c)(3)

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Overview

What is Fourth Street Daycare Center Inc?

Fourth Street Daycare Center Inc, established in 1977 and officially incorporated in 1995, is a nonprofit organization located in Columbus, Georgia. With a mission deeply rooted in providing comprehensive care for children from low-income and underprivileged households, the center serves as an integral part of the outreach mission of Fourth Street Baptist Church. The center's operations encompass mental, physical, social, and emotional development of the young individuals it serves, contributing significantly to the greater Columbus, Georgia community. With a dedicated workforce of 22 employees, the daycare center continues its mission of fostering growth and well-being in the lives of the children it serves.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating. This rating indicates that Fourth Street Daycare Center Inc has room for improvement in its accountability and financial practices. Although the organization demonstrates strong governance with a fully independent board and no reported material diversion of assets, the overall accountability score reflects significant gaps in important policies and practices.

The organization has excelled in several areas, such as maintaining a high percentage of independent board members and achieving a solid program expense ratio, indicating efficient use of funds towards its mission. However, the absence of a whistleblower policy and a document retention policy has raised concerns regarding transparency and operational integrity. Additionally, the high liabilities to assets ratio suggests potential financial risk that could affect its sustainability.

Overall, while Fourth Street Daycare Center Inc shows commitment to its mission through program funding, improvements in accountability measures and financial health are crucial for bolstering donor confidence and ensuring long-term viability. Addressing the noted deficiencies could enhance its standing and effectiveness in serving the community.


This AI summary has been generated from information found on Charity Navigator.

Is Fourth Street Daycare Center Inc legitimate?

Fourth Street Daycare Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fourth Street Daycare 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: $55,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,867

For more financial information, click here

What is the mission statement of Fourth Street Daycare Center Inc?

The Fourth Street Daycare Center Inc, as an integral part of the outreach mission of the Fourth Street Baptist Church, serves the greater Columbus, GA community. Established in 1977 and officially incorporated in 1995, the center's primary mission is to offer mental, physical, social, and emotional development and care to children from low-income and underprivileged households in the greater Columbus, Georgia area. The center aims to contribute positively to these children's lives, promoting their overall well-being.

Who is the CEO of Fourth Street Daycare Center Inc?

Myra Lockhart is the Executive Dir of Fourth Street Daycare Center Inc.

What is the revenue of Fourth Street Daycare Center Inc?

Fourth Street Daycare Center Inc's revenue in 2022 was $788,023.

Who are the executives of Fourth Street Daycare Center Inc and what are their salaries?

The average compensation at Fourth Street Daycare Center Inc during 2022 was $15,154. There are 22 employees and 2 volunteers at Fourth Street Daycare Center Inc.


Here are 8 key members and their salaries:


Myra Lockhart (Executive Dir)
  • Compensation: $55,517
  • Related: $0
  • Other: $0
Rev Jh Flakes Iiii (Chair/Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geniece R Grandville (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome White (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherol Thornton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Love (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Smalls (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fourth Street Daycare Center Inc?

Fourth Street Daycare Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fourth Street Daycare Center Inc

Fourth Street Daycare Center Inc, an integral part of the outreach mission of Fourth Street Baptist Church, was established with a mission to serve the greater Columbus, GA community. This mission-driven child daycare center has been providing mental, physical, social, and emotional development and care to children from low-income and underprivileged households since its founding in 1977 and incorporation in 1995. The center's mission is to contribute positively to the growth and well-being of these children, ensuring they receive the care they need to thrive.

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Impact




July, 2024

Fourth Street Daycare Center Inc has a significant impact on the Greater Columbus, GA community by providing essential mental, physical, social, and emotional development and care to children from low-income and underprivileged households. Since its establishment in 1977, the daycare center has been a vital part of Fourth Street Baptist Church's outreach mission, serving as a beacon of support for families in need. Through its dedicated efforts, Fourth Street Daycare Center Inc plays a crucial role in nurturing and empowering the next generation of children in the Columbus area, ensuring they have access to quality care and educational opportunities.




This information is meant to be a general summary of Fourth Street Daycare 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.

Revenue
$788,023 (2022)
Expenses
$768,274 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $238,809
  • Gross Receipts: $788,023

Assets and Liabilities:

  • Total Assets: $1,063,442
  • Total Liabilities: $1,229,430
  • Net Assets: -$165,988

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Programs

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

TUITION FEES

Revenue

$146,939

GEORGIA PRE-K REIMBURSEMENTS

Revenue

$45,837

CAPS/MAXIMUS

Revenue

$46,033

Organization Details

Founding Year

1995

Principal Officer

Myra Lockhart

Main Address

515 8th STREET, Columbus, GA, 31901

NTEE Category

Code: P70 - Human services

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