Overview
What is Candy Cane Corner Inc?
Candy Cane Corner Inc, a nonprofit organization, is committed to offering exceptional day care services. They cater to families from various socio-economic backgrounds, including the middle class and financially disadvantaged individuals. This is made possible through subsidies and nonprofit exempt benefits. Their primary mission is to provide high-quality day care services, ensuring the well-being and development of the children under their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
Candy Cane Corner Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The charity's score is based entirely on its Accountability & Finance metrics, which are assessed to ensure that donations are utilized effectively. The absence of material diversion of assets and a high program expense ratio indicate that the organization is dedicated to its mission and efficient in its financial practices.
The organization demonstrates strong governance practices, with an entirely independent board composed of three members, which enhances transparency and reduces potential conflicts of interest. The presence of documented board meeting minutes and established policies for conflict of interest and document retention further underscores its commitment to ethical operations.
However, while the organization has excelled in its accountability measures, there is no additional information available that assesses the impact of its programs or the effectiveness of its services. This limited insight into operational outcomes suggests a potential area for improvement, as stakeholders often look for not only financial prudence but also measurable impact in community benefit.
This AI summary has been generated from information found on Charity Navigator.
Is Candy Cane Corner Inc legitimate?
Candy Cane Corner Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Candy Cane Corner 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: $136,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $689,206
For more financial information, click here
What is the mission statement of Candy Cane Corner Inc?
Candy Cane Corner Inc's mission is centered around providing top-notch day care services. They extend this service to families of varying financial backgrounds, including the middle class and those who are financially disadvantaged. This is made possible through subsidies and nonprofit exempt benefits, ensuring that quality care is accessible to all who need it. The organization's mission is to contribute positively to the lives of children and their families by providing a nurturing environment during their non-school hours.
Who is the CEO of Candy Cane Corner Inc?
Debbie Shimonek is the Secretary of Candy Cane Corner Inc.
What is the revenue of Candy Cane Corner Inc?
Candy Cane Corner Inc's revenue in 2022 was $1,609,137.
Who are the executives of Candy Cane Corner Inc and what are their salaries?
The average compensation at Candy Cane Corner Inc during 2022 was $14,242. There are 58 employees at Candy Cane Corner Inc.
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 Candy Cane Corner Inc?
Candy Cane Corner Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Candy Cane Corner Inc
Candy Cane Corner Inc, a nonprofit organization, is committed to providing top-notch day care services. Its mission is twofold: to cater to middle-class families and financially disadvantaged individuals alike. They achieve this through offering subsidies and leveraging their nonprofit exempt status. This approach ensures that quality day care is accessible to a broad spectrum of families, thereby promoting early childhood development and education for all.
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Impact
July, 2024
Candy Cane Corner Inc's impact is significant in providing quality day care services to both middle-class families and financially disabled individuals in CORSICANA, TX. Through subsidies and nonprofit exempt benefits, this organization ensures that all families have access to reliable and affordable day care services. By offering support to those in need, Candy Cane Corner Inc plays a vital role in promoting the well-being of families in the community.
This information is meant to be a general summary of Candy Cane Corner 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.
- Program Service Revenue: $1,104,179
- Gross Receipts: $1,609,137
Assets and Liabilities:
- Total Assets: $438,863
- Total Liabilities: $166,727
- Net Assets: $272,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care Revenue
Revenue
$1,104,179
Organization Details
Founding Year
2016
Principal Officer
Debbie Shimonek
Main Address
601 W 1st Ave, Corsicana, TX, 75110
NTEE Category
Code: P33 - Human services
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