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Spida Inc

Braswell Child Development Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752538361 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Spida Inc?

Spida Inc, with its operational base in Dallas, Texas, is a dedicated nonprofit organization, specifically located at 2203 2nd Avenue, 75210. Its primary mission is to offer affordable child care and educational programs to families residing in low-income communities. The organization caters to 33 to 88 children, ensuring their growth and development through comprehensive educational programs. Spida Inc extends its services beyond the school hours by providing before and after-school care to additional children. Furthermore, it offers transportation services to facilitate the smooth commute between schools and the childcare center. Established with the intention of providing an educational and childcare foundation for its community, Spida Inc employs a team of 19 individuals who work tirelessly to support this cause.


Official website here: www.braswellkids.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Spida Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization achieved a score of 77%, indicating a well-managed charity with a focus on responsible financial practices. The rating is primarily based on the organization's performance in accountability and finance metrics, showcasing a commitment to transparency and ethical governance.

The nonprofit boasts a fully independent board, with 77% of its members being independent, which is a notable strength. Additionally, the organization has no material diversion of assets, indicating a high level of integrity in handling funds. The program expense ratio is considerably high at 81.31%, demonstrating that a significant portion of its resources is directed towards its mission-related activities.

However, there are areas for improvement, such as the absence of a whistleblower policy, which received a zero out of four points. This gap may raise concerns about the organization's internal transparency and the ability to report unethical behavior safely. Overall, while Spida Inc shows strong financial health, addressing the noted limitation could enhance its governance practices further.


This AI summary has been generated from information found on Charity Navigator.

Is Spida Inc legitimate?

Spida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spida 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: $0
Professional Fundraising Fees: $15,998
Other Salaries and Wages: $661,693

For more financial information, click here


Official website here: www.braswellkids.com

What is the mission statement of Spida Inc?

Spida Inc was established with the mission to establish an educational and child care foundation, catering to families residing in low socio-economic areas. The primary objective of Spida Inc is to provide affordable child care and educational programs to these families' children, numbering between 33 and 88. In addition to this, the foundation offers before and after-school care for an extended number of children and provides transportation services to facilitate the commuting of children between school and the child care center.


Official website here: www.braswellkids.com

Who is the CEO of Spida Inc?

Murriel Webb is the Executive Di of Spida Inc.


Official website here: www.braswellkids.com

What is the revenue of Spida Inc?

Spida Inc's revenue in 2022 was $1,723,894.


Official website here: www.braswellkids.com

Who are the executives of Spida Inc and what are their salaries?

The average compensation at Spida Inc during 2022 was $34,826. There are 19 employees and 12 volunteers at Spida Inc.


Here are 10 key members and their salaries:


Murriel Webb (Executive Di)
  • Compensation: $74,044
  • Related: $0
  • Other: $0
Tommy Webb (Board Member)
  • Compensation: $55,000
  • Related: $0
  • Other: $0
Beverly Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Egiebor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Estell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian Flakes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Gathings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Gregory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marylis Mitchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Childs (Board Chairp)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.braswellkids.com

Where can I find the form 990 for Spida Inc?

Spida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.braswellkids.com

Learn more at the official website: www.braswellkids.com

Mission Statement of Spida Inc

Spida Inc, a nonprofit organization, was established with a mission to cater to the educational and child care needs of its community, which resides in a low socio-economic area. Their primary objective was to provide an affordable foundation for education and child care services, aiming to uplift the lives of children from low-income families. In pursuit of this mission, Spida Inc offered before and after-school care for additional children, in addition to providing transportation services between school and their child care center. The organization's commitment extended beyond just child care, as they also implemented educational programs for the 33 to 88 enrolled children, ensuring they received a well-rounded developmental experience.

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Impact




July, 2024

Spida Inc's impact is evident in the positive changes it has brought to the community it serves. By providing affordable child care and educational programs to children from low-income families, Spida Inc is helping bridge the gap in access to quality education and care services. Additionally, offering before and after-school care, as well as transportation services, demonstrates a commitment to supporting working families and ensuring that children receive the care and education they need to thrive. Through these efforts, Spida Inc is making a difference in the lives of 33-88 children and their families in a low socio-economic area of Dallas, TX.




This information is meant to be a general summary of Spida 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.

Revenue
$1,723,894 (2022)
Expenses
$1,194,330 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $78,839
  • Gross Receipts: $1,723,894

Assets and Liabilities:

  • Total Assets: $1,289,289
  • Total Liabilities: $170,386
  • Net Assets: $1,118,903

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$78,839

Organization Details

Founding Year

1994

Principal Officer

Murriel Webb

Main Address

2203 2ND AVENUE, DALLAS, TX, 75210

NTEE Category

Code: B21M - Education

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