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Royal Castle Child Development

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

EIN: 721317443 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Royal Castle Child Development?

Royal Castle Child Development is a nonprofit organization located at 3800 Eagle Street, New Orleans, Louisiana 70118. Their primary mission is to offer child care services to underprivileged children, ensuring their well-being and development. With a dedicated team of 61 employees, they strive to provide a nurturing environment that caters to the unique needs of each child, contributing positively to their overall growth and development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Stars)

Royal Castle Child Development has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has performed well in maintaining an independent board, with 66% of its members being independent, and has successfully avoided material diversion of assets, scoring full points in that category. Additionally, the financial metrics reflect a strong program expense ratio of 100%, signifying that all funds are directed towards its programs.

However, there are significant gaps in transparency and compliance as highlighted by the organization's low scores in essential governance policies. The absence of a conflict of interest policy, whistleblower policy, and the lack of a website listed on the tax form are notable shortcomings. These issues raise concerns about the overall governance practices of the nonprofit and its commitment to accountability.

While Royal Castle Child Development demonstrates sound financial management, the missing policies and disclosures may limit its effectiveness in fostering trust among stakeholders. Addressing these governance deficiencies could lead to an improved rating in the future and greater confidence from the community and potential donors.


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

Is Royal Castle Child Development legitimate?

Royal Castle Child Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Castle Child Development 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: $215,312
Professional Fundraising Fees: $0
Other Salaries and Wages: $388,328

For more financial information, click here

What is the mission statement of Royal Castle Child Development?

Royal Castle Child Development is committed to providing child care services for a significant number of underprivileged children. Their mission is centered around offering a nurturing environment that caters to the needs of these children, ensuring they receive the care they deserve. The organization's activities primarily revolve around daycare services, aiming to make a positive impact in these children's lives. By providing this essential service, Royal Castle Child Development strives to contribute to their overall development and well-being.

What is the revenue of Royal Castle Child Development?

Royal Castle Child Development's revenue in 2023 was $1,456,858.

Who are the executives of Royal Castle Child Development and what are their salaries?

The average compensation at Royal Castle Child Development during 2023 was $9,896. There are 61 employees and 6 volunteers at Royal Castle Child Development.

Here are 2 key members and their salaries:


Pearlie Harris (Executive Director)
  • Compensation: $159,500
  • Related: $0
  • Other: $0
Timothy Harris (President)
  • Compensation: $55,812
  • Related: $0
  • Other: $0
Where can I find the form 990 for Royal Castle Child Development?

Royal Castle Child Development's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Royal Castle Child Development

Royal Castle Child Development, as a nonprofit organization, is dedicated to providing child care services for a substantial number of children who come from underprivileged backgrounds. This mission is carried out through daily operations that prioritize the needs of these children, offering them a nurturing environment where they can grow and develop. The organization's primary focus is to ensure that these children receive the care they need, despite their socio-economic circumstances.

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Impact




July, 2024

Royal Castle Child Development provides crucial child care services for underprivileged children in New Orleans. By offering daycare services, they are not only meeting the immediate needs of these children but also supporting their overall development and well-being. This allows parents who may not have access to adequate childcare options to work or attend school, ultimately helping to break the cycle of poverty. Through their mission, Royal Castle Child Development is making a tangible difference in the lives of underprivileged children and families in the community.




This information is meant to be a general summary of Royal Castle Child Development. 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
$1,456,858 (2023)
Expenses
$1,315,667 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,456,858

Assets and Liabilities:

  • Total Assets: $350,255
  • Total Liabilities: $0
  • Net Assets: $350,255

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Organization Details

Founding Year

1998

Principal Officer

Pearlie Harris

NTEE Category

Code: P32 - Human services

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