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Meceinc

Mece Inc

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

EIN: 591483850 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Meceinc?

Meceinc is a nonprofit organization situated in Boca Raton, Florida, with a strong focus on early childhood education. Leveraging Methodist facilities, Meceinc offers a range of educational programs for young children on a charitable basis. Their mission is to contribute positively to the field of early childhood education, providing children with a solid foundation for their future learning and development. The organization's activities and mission consistently prioritize the promotion of early childhood education practices within a non-profit framework.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Stars

Meceinc has received a Two-Star rating from Charity Navigator, reflecting a score of 67%. This rating is solely based on the Accountability & Finance beacon, suggesting that the organization is evaluated primarily on its financial health and governance practices. A strong point for Meceinc is its independent board structure, with 100% of board members being independent, which is crucial for maintaining objectivity and accountability.

The charity shows strengths in areas such as its liabilities to assets ratio and program expense ratio, both of which indicate effective financial management and a commitment to its mission. However, the organization has significant shortcomings, particularly in transparency, as it has not made key financial statements available and lacks several essential policies, including a conflict of interest policy and a whistleblower policy.

While Meceinc demonstrates positive aspects in governance and financial ratios, the lack of transparency and missing documentation could raise concerns for potential donors. The organization may need to address these limitations to enhance its accountability and overall rating in the future.


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

Is Meceinc legitimate?

Meceinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meceinc 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: $69,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,178

For more financial information, click here

What is the mission statement of Meceinc?

Meceinc's mission is centered around providing early childhood education on a non-profit basis, leveraging Methodist facilities. The organization's primary focus is on the field of early childhood education, aiming to make quality education accessible to a wider audience. Meceinc does not seek profit but rather operates with the goal of contributing positively to the community, specifically in the realm of early childhood development. The institution's activities are dedicated to this mission, offering educational programs and services to benefit young learners.

Who is the CEO of Meceinc?

Unavailable

What is the revenue of Meceinc?

Meceinc's revenue in 2023 was $1,032,712.

Who are the executives of Meceinc and what are their salaries?

The average compensation at Meceinc during 2023 was $14,909. There are 32 employees and 35 volunteers at Meceinc.


Here are 10 key members and their salaries:


Laura Lauri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Panoch (Presisent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Ritenbaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Rabb (Parent Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele Bulger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Fodell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Herschelman (Staff Director)
  • Compensation: $69,896
  • Related: $0
  • Other: $0
Jill Haire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Koscso (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Meceinc?

Meceinc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Meceinc

Meceinc, a non-profit organization, is dedicated to providing early childhood education. Their mission is uniquely centered around utilizing Methodist facilities to offer these educational services. The institution's focus is solely on the field of early childhood education, aiming to make a positive impact on young children's lives.

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Impact




July, 2024

Meceinc's impact lies in its dedication to providing early childhood education in a non-profit setting utilizing Methodist facilities. By focusing solely on the field of early childhood education, Meceinc is able to make a significant difference in the lives of young learners in Boca Raton, FL. Through its mission to offer high-quality education in a nurturing environment, Meceinc positively impacts the development and growth of children in the community.




This information is meant to be a general summary of Meceinc. 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
$1,032,712 (2023)
Expenses
$752,241 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,951
  • Program Service Revenue: $561,206
  • Gross Receipts: $1,032,712

Assets and Liabilities:

  • Total Assets: $607,626
  • Total Liabilities: $0
  • Net Assets: $607,626

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Programs

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

TUITION

Revenue

$561,206

Organization Details

Founding Year

1973

Main Address

625 N E MIZNER BLVD, BOCA RATON, FL, 33432

NTEE Category

Code: B99Z - Education

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