Overview
What is Sylvia Kuvet Memorial Child Care Center?
The Sylvia Kuvet Memorial Child Care Center, located at 1912 Victoria, Freeport, Texas 77541, is a nonprofit organization dedicated to providing childcare services. This center caters to low-income families who are either employed or pursuing education. Their commitment is reflected in their mission, which involves offering childcare on a sliding scale. In 2020, they served 115 children, and in 2022, this number increased to 162. The center is staffed by a team of 17 individuals, ensuring the provision of quality care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Sylvia Kuvet Memorial Child Care Center has received a Two-Star rating from Charity Navigator, indicating that it has some strengths but also significant areas for improvement in accountability and finance. The organization scores particularly well in areas such as independent board composition and program expense ratio, showcasing a commitment to governance and effective allocation of resources.
However, the organization falls short in several key policies, including the absence of a financial statements review, conflict of interest policies, and whistleblower protections. These deficiencies contribute to its lower overall score, highlighting a lack of transparency and accountability measures that are critical for donor trust.
While the center demonstrates a solid framework in some financial aspects, the missing documentation and policies suggest that there is room for the organization to enhance its operational practices and overall accountability to stakeholders. Addressing these gaps could improve its standing and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sylvia Kuvet Memorial Child Care Center legitimate?
Sylvia Kuvet Memorial Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sylvia Kuvet Memorial Child 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: $52,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $350,731
For more financial information, click here
What is the mission statement of Sylvia Kuvet Memorial Child Care Center?
The Sylvia Kuvet Memorial Child Care Center's mission is centered around providing childcare services to families with limited income. These families are either employed or pursuing education. The center operates on a sliding scale, making its services affordable for a wide range of income levels. In 2022, the center served 162 children, demonstrating its commitment to this mission. Previously, in 2020, it served 115 children. The center's main goal is to support these families by providing a safe and nurturing environment for their children, allowing them to focus on their education or employment without the added stress of childcare.
Who is the CEO of Sylvia Kuvet Memorial Child Care Center?
Carmen Read is the Executive Dir. of Sylvia Kuvet Memorial Child Care Center.
What is the revenue of Sylvia Kuvet Memorial Child Care Center?
Sylvia Kuvet Memorial Child Care Center's revenue in 2022 was $1,296,201.
Who are the executives of Sylvia Kuvet Memorial Child Care Center and what are their salaries?
The average compensation at Sylvia Kuvet Memorial Child Care Center during 2022 was $23,724. There are 17 employees and 6 volunteers at Sylvia Kuvet Memorial Child Care Center.
Here are 5 key members and their salaries:
- Compensation: $52,571
- 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
Where can I find the form 990 for Sylvia Kuvet Memorial Child Care Center?
Sylvia Kuvet Memorial Child Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sylvia Kuvet Memorial Child Care Center
Sylvia Kuvet Memorial Child Care Center is dedicated to providing childcare services for families who fall under the low-income bracket. These families have either employment commitments or are pursuing education. The center operates on a sliding scale basis, ensuring affordability for all eligible families. In 2020, the center served 115 children, and in 2022, this number increased to 162 children. The mission of Sylvia Kuvet Memorial Child Care Center is to support these families by providing a nurturing environment where their children can grow and learn while their parents attend to their work or educational responsibilities. The center's services aim to alleviate the financial burden of childcare costs for these families, thereby enabling them to focus on their personal and professional development.
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Impact
July, 2024
Sylvia Kuvet Memorial Child Care Center has a significant impact on the Freeport community by providing essential childcare services to low-income families who are working or pursuing education. By offering services on a sliding scale, the center ensures that families with limited financial resources have access to quality childcare, allowing parents to work or attend school with peace of mind. In 2022, the center served 162 children, offering them a safe and supportive environment to learn and grow. This crucial support enables parents to strive for their goals and provide a better future for their families.
This information is meant to be a general summary of Sylvia Kuvet Memorial Child 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.
- Investment Income: $2,208
- Program Service Revenue: $121,689
- Gross Receipts: $1,296,201
Assets and Liabilities:
- Total Assets: $1,124,427
- Total Liabilities: $11,448
- Net Assets: $1,112,979
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PARENTS
Revenue
$121,689
Organization Details
Founding Year
1970
Phone
(979) 233-2393Principal Officer
Carmen Read
Main Address
1912 Victoria, Freeport, TX, 77541
NTEE Category
Code: P33 - Human services
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