Overview
What is Advance Child Care Inc?
Advance Child Care Inc, located in Corsicana, Texas, is a nonprofit organization dedicated to supporting child nutrition programs in the state. They offer sponsorship for USDA child nutrition initiatives in unaffiliated, licensed childcare centers. Beyond financial aid, Advance Child Care Inc extends free managerial assistance to these centers and at-risk agencies, ensuring they can effectively provide child care services to dependent children. With a team of 34 employees, they work diligently to strengthen the childcare infrastructure in Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Advance Child Care Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is derived entirely from the Accountability & Finance beacon, reflecting a strong commitment to ethical financial practices and transparency. With a score of 75%, the organization demonstrates responsible stewardship of its resources.
One of the key strengths of Advance Child Care Inc is its governance structure, with a majority of independent board members ensuring unbiased oversight. Additionally, the organization has no reported material diversion of assets, and it upholds a robust conflict of interest policy. High program expense ratios indicate that a significant portion of their funding is directed towards their mission-related activities.
While the organization has a commendable financial standing, a rating of 75% suggests there may be areas for improvement. However, the existing policies and practices in place highlight a commitment to maintaining high standards of accountability, which underpins its operational integrity and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Advance Child Care Inc legitimate?
Advance Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advance Child Care 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: $513,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,193,681
For more financial information, click here
What is the mission statement of Advance Child Care Inc?
Advance Child Care Inc is dedicated to supporting licensed childcare and at-risk agencies in their mission to provide essential child care and child nutrition services to dependent aged children. Through their initiative, they offer free financial and managerial assistance to these organizations, enabling them to effectively serve their communities. The organization's efforts extend to sponsoring a USDA child nutrition program, ensuring that unaffiliated licensed childcare centers in various locations have access to this vital resource. By empowering these agencies, Advance Child Care Inc plays a crucial role in fostering the healthy development and wellbeing of young children.
Who is the CEO of Advance Child Care Inc?
Max Taylor is the Treeasurer of Advance Child Care Inc. The CEO's salary of Advance Child Care Inc is $0 and their total compensation is $0.
What is the revenue of Advance Child Care Inc?
Advance Child Care Inc's revenue in 2022 was $21,237,457.
Who are the executives of Advance Child Care Inc and what are their salaries?
The average compensation at Advance Child Care Inc during 2022 was $50,219. There are 34 employees at Advance Child Care Inc.
Here are 7 key members and their salaries (Advance Child Care Inc's CEO's salary is $0 and their total compensation is $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
- 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 Advance Child Care Inc?
Advance Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Advance Child Care Inc
Advance Child Care Inc, a nonprofit organization, dedicates itself to offering free financial and managerial assistance to licensed childcare agencies and those at risk, ensuring they can continue providing essential child care and child nutrition services to dependent aged children. By providing this support, Advance Child Care Inc plays a pivotal role in fostering the development and wellbeing of young children, enabling their caregivers to focus on delivering quality care without financial strain. Additionally, the organization sponsors a USDA child nutrition program in the state of Texas, extending its reach to unaffiliated licensed childcare centers, thereby increasing access to vital nutritional resources for countless children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Advance Child Care Inc plays a crucial role in enhancing the quality of child care services and nutrition for dependent aged children in Corsicana, Texas. By offering free financial and managerial support to licensed childcare centers and at-risk agencies, the organization ensures that children in need have access to essential services.
One of its significant contributions is the sponsorship of a USDA child nutrition program, which aids unaffiliated licensed childcare centers in delivering nutritious meals to children. This program not only addresses food insecurity but also fosters healthy development among young children, setting a solid foundation for their future.
Through its efforts, Advance Child Care Inc promotes stability and growth within the community by empowering childcare providers, ultimately improving the welfare of families and the overall well-being of children in the region. Their commitment to enhancing child care and nutrition directly impacts the lives of many families, ensuring that dependent children receive the necessary support for their growth and development.
This information is meant to be a general summary of Advance Child Care 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: $87,170
- Program Service Revenue: $21,145,287
- Gross Receipts: $21,237,457
Assets and Liabilities:
- Total Assets: $3,674,252
- Total Liabilities: $1,370,861
- Net Assets: $2,303,391
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CACFP Centers
Revenue
$21,121,634
CACFP Audit Funds
Revenue
$23,653
Organization Details
Founding Year
1989
Principal Officer
Max Taylor
Main Address
523 W 1st Ave, Corsicana, TX, 75110
NTEE Category
Code: P33 - Human services
If you are a representative of Advance Child Care Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.