Overview
What is Centex Childcare Inc?
Centex Childcare Inc, located in Goldthwaite, Texas, is a nonprofit organization dedicated to providing a secure living environment for abused and neglected children. With a small team of two individuals, they operate an emergency shelter that serves as a sanctuary for these children in need. Their primary mission is to ensure the safety and well-being of these children, offering them a place to heal and recover from their traumatic experiences. The organization's focus is on providing necessary support and resources to help these children rebuild their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating. This rating indicates that Centex Childcare Inc has areas of strength, particularly in accountability and finance, but also highlights significant weaknesses in various governance practices and transparency.
The organization scores well in several categories, including having a majority of independent board members and an exemplary liabilities to assets ratio, which suggests financial stability. However, the lack of an independent board size, conflict of interest policy, and other governance measures raises concerns about oversight and ethical practices. The organization also fails to meet basic transparency requirements, such as posting its tax forms on its website.
In conclusion, while Centex Childcare Inc demonstrates some positive aspects regarding financial management and governance structure, its overall rating reflects substantial deficiencies that could impact its effectiveness and trustworthiness. The organization could benefit from improving its governance practices and increasing transparency to enhance its standing among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Centex Childcare Inc legitimate?
Centex Childcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centex Childcare 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: $0
Other Salaries and Wages: $66,454
For more financial information, click here
What is the mission statement of Centex Childcare Inc?
Centex Childcare Inc, as an organization, is committed to providing a secure living environment for abused and neglected children. They achieve this goal through their emergency shelter, offering a safe haven for these children in need. The mission of Centex Childcare Inc is centered around protecting and nurturing these children, providing them with a sanctuary during challenging times. The organization's activities primarily focus on the well-being and safety of these children, ensuring they receive the care and support they require.
Who is the CEO of Centex Childcare Inc?
Mike Williams is the Sec/Treas of Centex Childcare Inc.
What is the revenue of Centex Childcare Inc?
Centex Childcare Inc's revenue in 2022 was $48,024.
Who are the executives of Centex Childcare Inc and what are their salaries?
The average compensation at Centex Childcare Inc during 2022 was $33,227. There are 2 employees at Centex Childcare Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Centex Childcare Inc?
Centex Childcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centex Childcare Inc
Centex Childcare Inc is committed to providing a safe living environment for children who have been subjected to abuse or neglect. This is accomplished through the organization's emergency shelter service. The mission of Centex Childcare Inc is to ensure the well-being of these vulnerable children, offering them a sanctuary where they can recover and regain their sense of safety and security. The shelter provides essential necessities such as food and clothing, creating an environment that supports their physical and emotional needs.
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Impact
August, 2024
Centex Childcare Inc provides a safe living environment for abused and neglected children through its emergency shelter. By offering shelter and care to these vulnerable children, Centex Childcare Inc positively impacts the lives of those who have experienced trauma and abuse. This organization plays a crucial role in providing immediate support, protection, and care for children in need, ensuring their safety and well-being during times of crisis. Their work is essential in providing a lifeline for these children and helping them rebuild their lives in a secure and nurturing environment.
This information is meant to be a general summary of Centex Childcare 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: $518
- Gross Receipts: $67,506
Assets and Liabilities:
- Total Assets: $287,501
- Total Liabilities: $1,802
- Net Assets: $285,699
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Organization Details
Phone
(325) 648-3131Principal Officer
Mike Williams
Main Address
P O BOX 487, GOLDTHWAITE, TX, 76844
NTEE Category
Code: P70 - Human services
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