Overview
What is Kings & Queens Daycare Center Inc?
Kings & Queens Daycare Center Inc is a nonprofit organization situated in Memphis, Tennessee. With a mission to assist low-income working parents, it offers daycare services and pre-K programs. The center caters to around 171 children, ranging from 6 weeks to 12 years old, operating from 6 AM to 6 PM, five days a week. The daycare employs a team of 18 teachers and assistants to ensure quality care and education. The center's activities include providing nutritious meals, educational supplies, and organizing recreational events, such as field trips. Additionally, Kings & Queens Daycare Center Inc has buses available for transportation, and it offers a pre-K program specifically for Shelby County Schools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Kings & Queens Daycare Center Inc has received a low rating of 52% from Charity Navigator, reflecting significant concerns regarding its governance and financial transparency. The organization has not demonstrated any independent board members, which raises questions about its accountability. Additionally, it has not provided required financial statements or policies related to conflict of interest, whistleblowing, and document retention, indicating a lack of adherence to standard nonprofit practices.
On a positive note, the organization has shown a strong program expense ratio of 72.80%, suggesting that a substantial portion of its resources is dedicated to programming rather than administration. The liabilities to assets ratio is also quite favorable at 0.28%, indicating a solid financial position regarding liabilities. However, the overall absence of critical governance documentation underscores the need for improvement in operational transparency and accountability.
In summary, while Kings & Queens Daycare Center Inc maintains a strong commitment to its programming, the lack of independent oversight and missing financial documentation highlight serious governance issues. The organization would benefit greatly from implementing better practices to enhance its transparency and build public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kings & Queens Daycare Center Inc legitimate?
Kings & Queens Daycare Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kings & Queens 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: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $433,029
For more financial information, click here
What is the mission statement of Kings & Queens Daycare Center Inc?
Kings & Queens Daycare Center Inc's mission is centered around providing assistance for daycare and pre-K education to low-income working parents. This mission is carried out through daily operations that cater to approximately 171 children, ranging from 6 weeks to 12 years of age. The center operates from 6 AM to 6 PM, five days a week, and is staffed by 18 teachers and assistants at a time. The center's activities include providing nutritious meals, educational supplies, rental of necessary equipment, and organizing field trips for the children. Additionally, a program is offered in collaboration with Shelby County Schools, providing pre-kindergarten education.
Who is the CEO of Kings & Queens Daycare Center Inc?
Barbara Williams is the Presidentdirector of Kings & Queens Daycare Center Inc.
What is the revenue of Kings & Queens Daycare Center Inc?
Kings & Queens Daycare Center Inc's revenue in 2023 was $1,522,397.
Who are the executives of Kings & Queens Daycare Center Inc and what are their salaries?
The average compensation at Kings & Queens Daycare Center Inc during 2023 was $18,162. There are 31 employees at Kings & Queens Daycare Center Inc.
Here are 2 key members and their salaries:
- Compensation: $130,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kings & Queens Daycare Center Inc?
Kings & Queens Daycare Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kings & Queens Daycare Center Inc
Kings & Queens Daycare Center Inc, as its mission statement suggests, is committed to providing daycare assistance and pre-K education for low-income working parents. This nonprofit organization aims to cater to the needs of approximately 171 children ranging from six weeks to twelve years old, five days a week, from 6 AM to 6 PM. With a team of 18 teachers and assistants, the center ensures a nurturing environment where children learn and grow.
The mission of Kings & Queens Daycare Center Inc goes beyond just childcare. It includes providing three daily meals, educational supplies, and even covers the rental of equipment. The center also organizes field trips for the children to broaden their horizons. Additionally, Kings & Queens Daycare Center Inc offers a program for pre-kindergarten in collaboration with Shelby County Schools. This comprehensive approach to early childhood education and care aligns with the organization's mission to support low-income working parents by providing high-quality, affordable childcare services.
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Impact
July, 2024
Kings & Queens Daycare Center Inc's impact is significant in providing daycare assistance and pre-K education for low-income working parents in Memphis, TN. The center plays a crucial role in caring for approximately 171 children, ranging from 6 weeks to 12 years of age, five days a week from 6 am to 6 pm. With a dedicated team of 18 teachers and assistants, the center ensures that these children receive quality education, meals, educational supplies, equipment, and opportunities for enriching field trips.
By offering a pre-kindergarten program in collaboration with Shelby County Schools, Kings & Queens Daycare Center Inc not only supports families in need but also contributes to the early educational development of young children. The provision of transportation services further facilitates access for families facing transportation challenges.
Through their commitment to serving the community and providing essential childcare services, Kings & Queens Daycare Center Inc positively impacts the lives of children and families, helping them thrive despite financial constraints.
This information is meant to be a general summary of Kings & Queens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $296,150
- Gross Receipts: $1,522,397
Assets and Liabilities:
- Total Assets: $1,234,942
- Total Liabilities: $3,628
- Net Assets: $1,231,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENTS CONTRIBUTIONS
Revenue
$89,225
PRE-K PROGRAM FEES
Revenue
$206,925
Organization Details
Founding Year
1992
Principal Officer
Barbara Williams
Main Address
P O BOX 9038, MEMPHIS, TN, 38190
NTEE Category
Code: P33Z - Human services
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