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Western Arkansas Child Development Inc

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

EIN: 710723180 ✦ Alma, AR ✦ Designated as a 501(c)(3)

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Overview

What is Western Arkansas Child Development Inc?

Western Arkansas Child Development Inc is a nonprofit organization located at 14 WEST CHERRY, ALMA, AR 72921. Their primary focus is providing high-quality early education and childcare services to children from birth to five years old who exhibit developmental or socioeconomic risk factors. Beyond this, they offer various agency programs related to child education, such as family literacy programs and substance abuse programs. Their mission is to equip children for success through active involvement of parents, staff, and the community. They achieve this by hosting parent group meetings, encouraging parental participation in the classroom, participating in community events, and inviting community professionals to the classrooms. The organization's staff is also required to undergo extensive training to ensure a nurturing and supportive classroom environment. With a staff of 98 individuals, Western Arkansas Child Development Inc is committed to positively impacting the lives of children in their community.


Official website here: www.wacd.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Star Rating

Western Arkansas Child Development Inc has received a One-Star rating from Charity Navigator, indicating significant concerns in its overall accountability and financial practices. While the organization boasts a fully independent board and strong program expense ratio, it has notable weaknesses in financial transparency and governance policies. The absence of critical documents such as financial statements and a whistleblower policy raises questions about its operational integrity.

The organization maintains a high percentage of independent board members and has no reported material diversion of assets, which is a positive aspect of its governance. However, the lack of essential financial documentation and policies like document retention and destruction can undermine trust. The financial health is also concerning, with a high liabilities to assets ratio indicating potential fiscal challenges.

Overall, while Western Arkansas Child Development Inc demonstrates commitment in certain governance areas, its financial transparency and policy shortcomings significantly impact its rating and may affect stakeholders' confidence in its operations.


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

Is Western Arkansas Child Development Inc legitimate?

Western Arkansas Child Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Arkansas Child Development 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: $62,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,051,634

For more financial information, click here


Official website here: www.wacd.net

What is the mission statement of Western Arkansas Child Development Inc?

Western Arkansas Child Development Inc's mission is centered around equipping children for success. They achieve this by engaging parents, staff, and the community. Parents are encouraged to volunteer in the classroom and participate in parent group meetings. The organization actively takes part in community events, inviting professional experts to enrich the classroom experience. Additionally, their staff undergoes extensive training related to classroom instruction and environment. This holistic approach aims to provide children with a well-rounded educational experience.


Official website here: www.wacd.net

Who is the CEO of Western Arkansas Child Development Inc?

Malinda Mcspadden is the Vice President of Western Arkansas Child Development Inc.


Official website here: www.wacd.net

What is the revenue of Western Arkansas Child Development Inc?

Western Arkansas Child Development Inc's revenue in 2022 was $2,702,706.


Official website here: www.wacd.net

Who are the executives of Western Arkansas Child Development Inc and what are their salaries?

The average compensation at Western Arkansas Child Development Inc during 2022 was $11,372. There are 98 employees at Western Arkansas Child Development Inc.


Here are 5 key members and their salaries:


Desere Fosse (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Burns (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Seubold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Shelli Henehan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malinda Mcspadden (Executive Director)
  • Compensation: $31,773
  • Related: $0
  • Other: $0


Official website here: www.wacd.net

Where can I find the form 990 for Western Arkansas Child Development Inc?

Western Arkansas Child Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wacd.net

Learn more at the official website: www.wacd.net

Mission Statement of Western Arkansas Child Development Inc

Western Arkansas Child Development Inc, an organization dedicated to equipping children for success, achieves this mission through various means. The organization engages parents by inviting them to participate in regular group meetings. This active involvement not only fosters a sense of community but also allows parents to contribute to their children's education by volunteering in the classroom.

Beyond parental involvement, Western Arkansas Child Development Inc extends its reach into the local community. The organization participates in community events and invites professionals from various fields to share their expertise in the classroom. This holistic approach ensures that children are exposed to a wide range of perspectives and opportunities.

Moreover, the staff at Western Arkansas Child Development Inc is committed to continuous learning and development. They undergo extensive training related to classroom instruction and environment, ensuring that they are equipped with the latest methods and techniques to provide the best possible learning experience for the children. This dedication to professional development underscores the organization's commitment to excellence in early childhood education.

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Impact




July, 2024

Western Arkansas Child Development Inc's impact is significant in the community of Alma, AR. They equip children for success through a holistic approach that involves parents, staff, and the community. By providing high-quality early education and child care services to children from birth to five who exhibit developmental and socioeconomic risk factors, they are ensuring that these children have a strong foundation for future success. Additionally, the organization offers family literacy programs, substance abuse programs, and other services related to child education, further enhancing their impact on the community. Through initiatives such as hosting parent group meetings, encouraging parent involvement in the classroom, participating in community events, and providing extensive training for staff, Western Arkansas Child Development Inc is making a difference in the lives of children and families in the area.




This information is meant to be a general summary of Western Arkansas Child Development 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.

Revenue
$2,702,706 (2022)
Expenses
$2,459,337 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$23,477
  • Program Service Revenue: $1,316,601
  • Gross Receipts: $2,735,718

Assets and Liabilities:

  • Total Assets: $400,607
  • Total Liabilities: $302,662
  • Net Assets: $97,945

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Programs

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

HEAD START CONTRACT

Revenue

$1,141,411

PRIVATE PAY

Revenue

$175,190

Organization Details

Founding Year

1992

Principal Officer

Malinda Mcspadden

Main Address

14 WEST CHERRY, ALMA, AR, 72921

NTEE Category

Code: P330 - Human services

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