Overview
What is Sacca Inc?
Sacca Inc is a nonprofit organization situated in Winter Haven, Florida. The primary focus of Sacca is to offer child care services that are both educationally enriching and affordably priced for working parents. The organization operates within a school environment, ensuring a comprehensive and nurturing environment for the children under its care. Sacca's mission is to make high-quality, educational child care accessible and affordable, thereby supporting working families in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
Sacca Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 56% overall, with particular weaknesses noted in governance practices such as having no independent board members and missing key policies, including a conflict of interest and whistleblower policies. While the charity demonstrates a strong program expense ratio at 72.84%, reflecting good allocation of funds towards its mission, the lack of independent oversight raises questions about its governance.
The organization has shown responsibility in terms of asset management, with no material diversion of assets reported, and it maintains a favorable liabilities to assets ratio of 0.00%. However, the absence of independent board members and critical policies could impact its effectiveness and transparency. It's also notable that while documents like board meeting minutes are available, the nonprofit has not posted its tax forms on its website, which is a standard transparency practice.
Overall, while Sacca Inc has some positive financial indicators, the significant governance and policy gaps highlighted in its rating suggest potential areas for improvement. Stakeholders and potential donors may wish to consider these factors when evaluating the organization’s overall impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Sacca Inc legitimate?
Sacca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacca 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: $58,832
For more financial information, click here
What is the mission statement of Sacca Inc?
Sacca Inc's mission revolves around offering high-quality, affordable child care services in an educational setting. The organization is committed to catering to the needs of working parents' children. Its mission is to provide a conducive learning environment that fosters cognitive development in children while ensuring their parents can maintain their employment. By doing so, Sacca Inc contributes to the overall well-being of families, ensuring children receive the education they deserve. The organization's focus on affordability makes its services accessible to a broader range of families, thereby promoting social equity in early education.
Who is the CEO of Sacca Inc?
Jeff Potter is the Director of Sacca Inc.
What is the revenue of Sacca Inc?
Sacca Inc's revenue in 2022 was $86,558.
Who are the executives of Sacca Inc and what are their salaries?
The average compensation at Sacca Inc during 2022 was $6,537. There are 9 employees at Sacca Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sacca Inc?
Sacca Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sacca Inc
Sacca Inc, a nonprofit organization, is dedicated to providing children of working parents with high-quality, affordable child care in an educational setting. The mission of Sacca Inc is to ensure that these children receive a nurturing environment that supports their learning and growth, while allowing their parents to focus on their respective careers. Located in Winter Haven, FL, Sacca Inc is committed to making education and child care accessible and affordable for all families.
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Impact
October, 2024
Sacca Inc plays a crucial role in the community by providing educationally sound and affordable child care services to children of working parents in Winter Haven, FL. By creating a supportive environment that values education, Sacca Inc enables parents to pursue their careers with confidence, knowing their children are receiving quality care. This not only helps to alleviate the challenges faced by working families but also contributes to the social and cognitive development of children. The organization's commitment to accessible child care fosters a positive impact on the community, promoting healthy growth and learning in a school-like setting. Through its services, Sacca Inc enhances the quality of life for families and supports the broader goal of workforce participation among parents.
This information is meant to be a general summary of Sacca 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.
- Investment Income: $622
- Program Service Revenue: $67,419
- Gross Receipts: $86,558
Assets and Liabilities:
- Total Assets: $273,284
- Total Liabilities: $680
- Net Assets: $272,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE
Revenue
$67,419
Organization Details
Founding Year
1989
Phone
(863) 816-4381Principal Officer
Jeff Potter
Main Address
PO BOX 1967, WINTER HAVEN, FL, 338831967
NTEE Category
Code: P33Z - Human services
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