Overview
What is Foundations First Child Care?
Foundations First Child Care is a nonprofit organization committed to fostering child development and offering safe, budget-friendly, top-notch childcare services. Operating Mondays through Fridays, the program ensures a conducive environment for children's growth. While specific operational hours are not detailed, the organization's mission is to support families in their journey towards positive progress.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Foundations First Child Care has received a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization scored 79%, based exclusively on its accountability and finance beacon. This rating is significant as it indicates a strong adherence to financial health and governance practices, which are crucial for donor trust and sustainability.
The nonprofit demonstrates commendable organizational strengths, such as having a majority of independent board members and strong policies surrounding conflicts of interest, whistleblowing, and document retention. With a material diversion of assets rated at zero, it showcases a commitment to ethical financial management. The program expense ratio of 72.30% indicates that a significant portion of its expenditures directly support its programs, further highlighting its effective use of resources.
While the organization shows considerable strengths, potential donors might consider exploring additional aspects of its impact and effectiveness beyond financial metrics. However, the existing accountability measures and sound financial practices provide a solid foundation for confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Foundations First Child Care legitimate?
Foundations First Child Care is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundations First Child Care 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: $72,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,035
For more financial information, click here
What is the mission statement of Foundations First Child Care?
Foundations First Child Care's mission is centered around nurturing children and offering them a safe, affordable, and high-quality childcare experience. This organization aims to support families who are striving for positive growth. Operating five days a week, the program adheres to specific operating hours to cater to the needs of its clients.
Who is the CEO of Foundations First Child Care?
Ashley Washington is the President of Foundations First Child Care.
What is the revenue of Foundations First Child Care?
Foundations First Child Care's revenue in 2022 was $591,038.
Who are the executives of Foundations First Child Care and what are their salaries?
The average compensation at Foundations First Child Care during 2022 was $12,260. There are 20 employees at Foundations First Child Care.
Here are 9 key members and their salaries:
- Compensation: $43,840
- Related: $0
- Other: $0
- Compensation: $28,150
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $168
- 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 Foundations First Child Care?
Foundations First Child Care's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundations First Child Care
Foundations First Child Care is dedicated to fostering the development of children by offering safe, affordable, and high-quality childcare services. This nonprofit organization aims to support families who are committed to positive growth for their children. Foundations First Child Care operates its program during specific hours, typically Monday through Friday. The mission of this organization is to create an environment that nurtures children, allowing them to grow and thrive.
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Impact
July, 2024
Foundations First Child Care has a significant impact on the Fort Wayne community by providing safe, affordable, and high-quality childcare for families. Their nurturing approach helps children thrive and supports families in their journey towards positive growth.Operating Monday through Friday, Foundations First Child Care's services contribute to the well-being of both children and parents, enhancing the overall quality of life in the local area.
This information is meant to be a general summary of Foundations First Child Care. 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: $12,500
- Program Service Revenue: $460,661
- Gross Receipts: $591,038
Assets and Liabilities:
- Total Assets: $260,303
- Total Liabilities: $0
- Net Assets: $260,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$460,661
Organization Details
Founding Year
2017
Principal Officer
Ashley Washington
Main Address
6711 POST RD, FORT WAYNE, IN, 46814
NTEE Category
Code: P33 - Human services
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