Overview
What is Jan Peterson Child Day Care Center?
The Jan Peterson Child Day Care Center, situated in Moreno Valley, California, serves as a nonprofit organization with a primary mission. Its purpose is to offer educational activities and childcare for the community's low to moderate income members. The center also extends its support to children with disabilities, providing them with equitable opportunities. Additionally, the center offers a practical training ground for student teachers, enabling them to gain hands-on experience. With a dedicated workforce of 49 individuals, the Jan Peterson Child Day Care Center is committed to enriching the lives of children in the community, ensuring they receive quality care and education.
What are the reviews and ratings of this charity?
Charity Navigator Rating 67%
Jan Peterson Child Day Care Center has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 67%. This rating reflects the organization's accountability and financial practices, where it excels in areas such as having a fully independent board and high marks for financial audits. The program expense ratio is notably strong at 91.57%, indicating that a significant portion of its expenses is directed toward programs.
Despite these strengths, the organization faces challenges in its financial health, particularly with a liabilities to assets ratio of 67.98%, which has resulted in a lower score in that category. This may suggest potential concerns regarding the center's long-term sustainability and ability to manage debts effectively.
Overall, while Jan Peterson Child Day Care Center demonstrates solid governance and a strong commitment to program spending, the financial ratios indicate a need for improved management of liabilities to ensure continued stability and success in serving children and families.
This AI summary has been generated from information found on Charity Navigator.
Is Jan Peterson Child Day Care Center legitimate?
Jan Peterson Child Day Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jan Peterson Child 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: $1,470,391
For more financial information, click here
What is the mission statement of Jan Peterson Child Day Care Center?
The Jan Peterson Child Day Care Center's mission is centered around providing education and care to children within the community. Specifically, they aim to offer educational activities and child care services to families with low to moderate income, provide aid to disabled children, and serve as a training ground for student teachers. This center is committed to contributing positively to the lives of children and future educators.
Who is the CEO of Jan Peterson Child Day Care Center?
Phillip Saucedo is the President of Jan Peterson Child Day Care Center.
What is the revenue of Jan Peterson Child Day Care Center?
Jan Peterson Child Day Care Center's revenue in 2022 was $3,024,407.
Who are the executives of Jan Peterson Child Day Care Center and what are their salaries?
The average compensation at Jan Peterson Child Day Care Center during 2022 was $30,008. There are 49 employees at Jan Peterson Child Day Care Center.
Here are 3 key members and their salaries:
- 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 Jan Peterson Child Day Care Center?
Jan Peterson Child Day Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jan Peterson Child Day Care Center
Jan Peterson Child Day Care Center is committed to serving the community by offering education and care to children. Their mission, in essence, is to provide a nurturing environment where low to moderate income families can entrust their children while they pursue their daily activities. The center also extends its services to children with disabilities, offering them an inclusive and supportive setting. Furthermore, Jan Peterson Child Day Care Center acts as a training ground for student teachers, providing them with practical experience in early childhood education. By doing so, the center contributes to the development of the next generation of educators, ensuring that children receive high-quality care and education.
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Impact
July, 2024
The Jan Peterson Child Day Care Center in Moreno Valley, CA, has a significant impact on the community by providing education and care to children, particularly those from low to moderate-income families. Additionally, the center offers aid to disabled children and serves as a training ground for student teachers. Through its educational activities and child care services, this center plays a vital role in supporting families, promoting early childhood development, and ensuring that all children have access to quality care and educational opportunities.
This information is meant to be a general summary of Jan Peterson Child 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.
- Program Service Revenue: $1,682,153
- Gross Receipts: $3,024,407
Assets and Liabilities:
- Total Assets: $1,647,673
- Total Liabilities: $489,409
- Net Assets: $1,158,264
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$1,682,153
Organization Details
Founding Year
2003
Phone
(951) 485-2640Principal Officer
Phillip Saucedo
Main Address
11751 Davis Street, Moreno Valley, CA, 92508
NTEE Category
Code: P33 - Human services
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