Overview
What is Waverly Road Child Care Center Inc?
Waverly Road Child Care Center Inc is a nonprofit organization that offers care for approximately 35 to 50 children in a nurturing Christian environment. Their primary mission is to respect, accept, and address each child's feelings, fostering a positive self-image and igniting a passion for learning in each child. By providing care for working parents' children, this organization aims to create a supportive environment that nurtures emotional growth and intellectual curiosity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Waverly Road Child Care Center Inc has received a rating of 73% from Charity Navigator, indicating an average level of performance in its accountability and finance practices. The organization has shown a strong commitment to governance, with 83% of its board members being independent, and it documents its board meeting minutes, which reflects transparency and good management practices.
The organization excels in its financial health, demonstrated by a perfect liabilities to assets ratio of 0.00% and a high program expense ratio of 91.84%. This suggests that a significant portion of its resources is directed towards its programs rather than administrative costs, which is a positive sign for donors looking for effective use of their contributions.
However, while the overall score is commendable, the two-star rating indicates that there may be areas for improvement in accountability and financial practices. Stakeholders might want to keep this in mind as they evaluate the organization's overall impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Waverly Road Child Care Center Inc legitimate?
Waverly Road Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waverly Road Child Care 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: $43,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,378
For more financial information, click here
What is the mission statement of Waverly Road Child Care Center Inc?
Waverly Road Child Care Center Inc's mission is centered around respecting, accepting, and responding to the unique feelings of each child in their care. This approach aims to foster a positive self-concept in each child, ultimately igniting a passion for learning within them. The center operates in a Christian environment and provides care for approximately 35 to 50 children.
Who is the CEO of Waverly Road Child Care Center Inc?
Martha Triplett is the Vice President of Waverly Road Child Care Center Inc.
What is the revenue of Waverly Road Child Care Center Inc?
Waverly Road Child Care Center Inc's revenue in 2022 was $473,953.
Who are the executives of Waverly Road Child Care Center Inc and what are their salaries?
The average compensation at Waverly Road Child Care Center Inc during 2022 was $14,362. There are 22 employees at Waverly Road Child Care Center Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $37,121
- Related: $0
- Other: $0
Where can I find the form 990 for Waverly Road Child Care Center Inc?
Waverly Road Child Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waverly Road Child Care Center Inc
Waverly Road Child Care Center, a nonprofit organization, is dedicated to providing care for children in a nurturing Christian environment. Their mission is threefold. Firstly, they strive to respect, accept, and respond to each child's individual feelings, fostering a sense of self-worth and self-love within them. Secondly, the center aims to cultivate a love for learning in each child, encouraging intellectual curiosity and growth. This holistic approach to childcare seeks to nurture the whole child, fostering their emotional, social, and intellectual development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Waverly Road Child Care Center Inc's impact lies in providing a nurturing and educational environment for approximately 35-50 children of working parents in Kingsport, TN. By focusing on respecting, accepting, and responding to each child's feelings, the center aims to promote a positive self-concept and ignite a love for learning in every child. This creates a strong foundation for the children's future development and success.
This information is meant to be a general summary of Waverly Road Child Care 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.
- Investment Income: $832
- Program Service Revenue: $344,724
- Gross Receipts: $474,016
Assets and Liabilities:
- Total Assets: $270,513
- Total Liabilities: $0
- Net Assets: $270,513
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$342,384
MATERIAL FEES
Revenue
$2,340
Organization Details
Founding Year
1952
Phone
(423) 247-4971Principal Officer
Martha Triplett
Main Address
1415 WAVERLY ROAD, KINGSPORT, TN, 37664
NTEE Category
Code: P33 - Human services
If you are a representative of Waverly Road Child Care Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.