Overview
What is Sharon Studer Inc?
Sharon Studer Inc, located in Uvalde, Texas, is a nonprofit organization that provides child care services to up to 90 children each month, including meals. Their primary mission revolves around receiving reimbursement and collecting user fees from federal, state, and local governments for their day care services. With a workforce of 17 employees, they are committed to offering comprehensive care for the children in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
Sharon Studer Inc has received a low rating of 52%, which reflects significant concerns regarding its accountability and financial practices. The organization has no independent board members, indicating a lack of oversight that may impact its governance. Additionally, essential financial documents are missing from the nonprofit's website, which raises transparency issues.
Despite these concerns, the organization demonstrates a strong commitment to its programs, with an impressive program expense ratio of 83.47%. This suggests that a substantial portion of its resources is directed towards its mission-related activities. However, the absence of policies on conflicts of interest, whistleblower protections, and document retention further highlights the need for improved governance practices.
Overall, while Sharon Studer Inc appears to allocate most of its funds towards its programs, the lack of independent oversight and missing transparency measures could undermine the trust of potential donors and stakeholders. Addressing these governance issues would be essential for enhancing its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sharon Studer Inc legitimate?
Sharon Studer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharon Studer 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: $47,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,203
For more financial information, click here
What is the mission statement of Sharon Studer Inc?
Sharon Studer Inc's primary mission revolves around managing reimbursement and user fees for day care services, as prescribed by federal, state, and local governments. This mission is instrumental in ensuring the financial sustainability of day care services, thereby enabling them to provide care to up to 90 children per month, complete with meals. The organization's activities are centered around navigating the complexities of government regulations to secure adequate financial support for day care facilities, thereby enabling them to deliver quality care to children.
Who is the CEO of Sharon Studer Inc?
Bill Mcworter is the President of Sharon Studer Inc.
What is the revenue of Sharon Studer Inc?
Sharon Studer Inc's revenue in 2022 was $846,656.
Who are the executives of Sharon Studer Inc and what are their salaries?
The average compensation at Sharon Studer Inc during 2022 was $15,439. There are 17 employees at Sharon Studer Inc.
Here are 4 key members and their salaries:
- Compensation: $47,259
- 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 Sharon Studer Inc?
Sharon Studer Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sharon Studer Inc
Sharon Studer Inc, as a nonprofit organization, is dedicated to securing prescribed reimbursements and user fees from federal, state, and local governments for daycare services. This mission is crucial in ensuring that daycare services, including meals, are financially sustainable and accessible for a significant number of children, up to 90 per month. The organization's primary focus is on navigating the complex reimbursement and fee structures established by various levels of government to ensure that daycare providers can continue to offer quality care to children and families.
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Impact
July, 2024
Sharon Studer Inc's impact is significant in the field of human services, specifically in providing child care services for up to 90 children per month in Uvalde, Texas. By offering these services, the organization ensures that working parents have access to reliable and affordable child care, allowing them to maintain employment and support their families. Additionally, Sharon Studer Inc plays a crucial role in adhering to federal, state, and local government regulations regarding prescribed reimbursement and user fees for day care services, highlighting its commitment to legal compliance and ethical business practices. Through its operations, Sharon Studer Inc positively impacts the community by supporting families and children in need of quality care and educational opportunities.
This information is meant to be a general summary of Sharon Studer 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 2022.
- Program Service Revenue: $846,656
- Gross Receipts: $846,656
Assets and Liabilities:
- Total Assets: $526,197
- Total Liabilities: $15,613
- Net Assets: $510,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CACFP
Revenue
$60,711
CHILD CARE CCPS
Revenue
$476,074
CO-PAY CHILD CARE
Revenue
$83,524
OTHER INCOME
Revenue
$13,323
TX CHILD CARE RELIEF FUND
Revenue
$213,024
Organization Details
Principal Officer
Bill Mcworter
Main Address
943 S EVANS STREET, UVALDE, TX, 78801
NTEE Category
Code: P33Z - Human services
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