Overview
What is Bon Aqua Day Care Center?
Bon Aqua Day Care Center is a nonprofit organization situated in Bon Aqua, Tennessee, specifically at 5198 HWY 100. With a workforce of 83 dedicated individuals, their primary mission is to offer top-notch day care services to parents from all income backgrounds. The center is committed to providing a nurturing and supportive environment, ensuring that every child under their care receives the best possible care. Though the information provided does not specify the extent of their services or any additional programs, it is clear that their focus is on providing quality day care to a diverse range of families.
Official website here: www.bonaquadaycare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Bon Aqua Day Care Center has received a two-star rating from Charity Navigator, reflecting some significant strengths but also notable concerns in its accountability and financial practices. The organization demonstrates a strong commitment to programming, with a program expense ratio of 100%. Additionally, it has a fully independent board with 60% of its members meeting the independence criteria, which is a positive sign for governance.
However, the organization faces serious limitations in transparency and financial reporting. It has not provided any financial statements, which has significantly impacted its overall score, particularly in the areas of accountability. Moreover, policies regarding conflicts of interest and whistleblower protections are missing, indicating potential vulnerabilities in its operational integrity.
The lack of publicly posted tax forms and website presence further detracts from its accountability, as these are essential for fostering trust and transparency with stakeholders. While Bon Aqua Day Care Center is effectively using its resources for its programs, the absence of basic governance policies and financial documentation highlights areas that need improvement to enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Bon Aqua Day Care Center legitimate?
Bon Aqua Day Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bon Aqua Day Care Center 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: $875,854
For more financial information, click here
Official website here: www.bonaquadaycare.com
What is the mission statement of Bon Aqua Day Care Center?
The Bon Aqua Day Care Center's mission is centered around providing high-quality day care services for parents, regardless of their income levels. The organization strives to cater to this need, ensuring that it is accessible to all families who require such services. Their mission is a testament to their commitment to supporting parents and their children, promoting a nurturing environment where every child can thrive. The center's activities are geared towards providing a safe, engaging, and educational experience for the children while offering peace of mind and convenience to their parents.
Official website here: www.bonaquadaycare.com
Who is the CEO of Bon Aqua Day Care Center?
Gary Harris Jr is the President of Bon Aqua Day Care Center.
Official website here: www.bonaquadaycare.com
What is the revenue of Bon Aqua Day Care Center?
Bon Aqua Day Care Center's revenue in 2022 was $1,992,452.
Official website here: www.bonaquadaycare.com
Who are the executives of Bon Aqua Day Care Center and what are their salaries?
The average compensation at Bon Aqua Day Care Center during 2022 was $10,552. There are 83 employees at Bon Aqua Day Care Center.
Here are 5 key members and their salaries:
- Compensation: $55,197
- Related: $0
- Other: $0
- Compensation: $54,900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bonaquadaycare.com
Where can I find the form 990 for Bon Aqua Day Care Center?
Bon Aqua Day Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bonaquadaycare.com
Learn more at the official website: www.bonaquadaycare.com
Mission Statement of Bon Aqua Day Care Center
Bon Aqua Day Care Center, a nonprofit organization, is committed to providing high-quality day care services for parents of all income levels. This mission is driven by the belief that every family deserves access to reliable and nurturing care for their children. By offering this service, Bon Aqua Day Care Center aims to support parents in their roles as caregivers, enabling them to focus on their personal and professional responsibilities with peace of mind. The center's approach to day care is inclusive, ensuring that financial circumstances do not hinder a child's access to a safe and enriching environment.
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Impact
July, 2024
Bon Aqua Day Care Center plays a vital role in the community by providing quality day care services to parents of all income levels. This allows parents to work or attend school knowing that their children are in a safe and nurturing environment. By offering affordable care options to families of various economic backgrounds, the center helps support working parents, promotes early childhood development, and ultimately contributes to the social and economic well-being of the community. Overall, Bon Aqua Day Care Center's impact is crucial in ensuring that families have access to high-quality childcare regardless of their financial situation.
This information is meant to be a general summary of Bon Aqua Day Care Center. 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.
- Gross Receipts: $1,992,452
Assets and Liabilities:
- Total Assets: $404,345
- Total Liabilities: $0
- Net Assets: $404,345
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Organization Details
Founding Year
2003
Principal Officer
Gary Harris Jr
Main Address
5198 HWY 100, Bon Aqua, TN, 37025
Website
www.bonaquadaycare.comNTEE Category
Code: P33 - Human services
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