Overview
What is Valley Interfaith Child Care Center Inc?
Valley Interfaith Child Care Center Inc is a nonprofit organization located in Blacksburg, Virginia. With a mission to provide high-quality, affordable, educational, and nurturing care for very young children aged 0-5, the center primarily caters to income-eligible working families residing in the New River Valley. The organization, staffed by 25 dedicated individuals, is committed to creating an environment that fosters children's growth and development, ensuring they receive the best possible start in life. The center's operations are centered around providing a nurturing and educational atmosphere, enabling children to thrive while their parents maintain their employment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. The rating reflects strong performance in accountability and finance, with a perfect score in board independence and no material diversion of assets. The organization shows solid financial health with a low liabilities to assets ratio and a high program expense ratio of over 83%, indicating that a significant portion of their budget is directed towards their programs.
User feedback highlights the Valley Interfaith Child Care Center as a compassionate and dedicated organization, particularly praised for its commitment to supporting vulnerable families and children in the community. One donor emphasized the caring and loving nature of the center, suggesting that their approach to childcare is both effective and heartfelt.
While the organization has strong financial practices and positive reviews, the limited number of user reviews may mean that the overall community perspective is not fully represented. Nonetheless, the existing feedback paints a favorable image of the nonprofit's impact in the area of childcare.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Valley Interfaith Child Care Center Inc legitimate?
Valley Interfaith Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Interfaith Child Care Center 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: $58,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,369
For more financial information, click here
What is the mission statement of Valley Interfaith Child Care Center Inc?
Valley Interfaith Child Care Center Inc is committed to providing high-quality, affordable, educational, and nurturing care for very young children aged 0-5, primarily from income-eligible working families, within the New River Valley. Their mission is to create an environment that fosters learning and development, ensuring these children receive the best possible start in life. By offering this service, Valley Interfaith Child Care Center Inc aims to support working families, enabling them to maintain employment while ensuring their children's well-being and education.
Who is the CEO of Valley Interfaith Child Care Center Inc?
Teresa Cassell is the President of Valley Interfaith Child Care Center Inc.
What is the revenue of Valley Interfaith Child Care Center Inc?
Valley Interfaith Child Care Center Inc's revenue in 2022 was $709,209.
Who are the executives of Valley Interfaith Child Care Center Inc and what are their salaries?
The average compensation at Valley Interfaith Child Care Center Inc during 2022 was $11,164. There are 25 employees at Valley Interfaith Child Care Center Inc.
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Where can I find the form 990 for Valley Interfaith Child Care Center Inc?
Valley Interfaith Child Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley Interfaith Child Care Center Inc
Valley Interfaith Child Care Center Inc is dedicated to providing high-quality, affordable, educational, and nurturing care for very young children aged 0-5. This nonprofit organization's mission is to cater to income-eligible working families in the New River Valley. By offering a nurturing environment, Valley Interfaith Child Care Center Inc aims to support the overall development of these young children, providing them with the necessary foundation for their future growth and success. The center's primary goal is to ensure that these families can continue to work while their children receive the best possible care.
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Impact
July, 2024
Valley Interfaith Child Care Center Inc creates a significant impact by providing high-quality, affordable, educational, and nurturing care for very young children (ages 0-5) of income-eligible working families in the New River Valley. This organization plays a vital role in supporting working families by ensuring that their children receive the necessary care and education during their formative years. By offering this essential service, Valley Interfaith Child Care Center Inc helps to alleviate the burden on parents and enables them to remain in the workforce, contributing to the economic health of the community. Additionally, by focusing on the early development of children, this organization lays a strong foundation for their future success, benefiting both the children and the community as a whole.
This information is meant to be a general summary of Valley Interfaith Child Care Center 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.
- Investment Income: $26
- Program Service Revenue: $15,058
- Gross Receipts: $709,209
Assets and Liabilities:
- Total Assets: $528,477
- Total Liabilities: -$254
- Net Assets: $528,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT CO-PAYMENTS
Revenue
$15,058
Organization Details
Founding Year
2004
Phone
(540) 552-2021Principal Officer
Teresa Cassell
Main Address
PO BOX 926, BLACKSBURG, VA, 24063
NTEE Category
Code: P33 - Human services
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