Overview
What is Renaissance Child Development Center?
The Renaissance Child Development Center, located at 3610 Nobles Ave, Charlotte, NC 28208, is a nonprofit organization dedicated to creating a nurturing and secure environment for children from birth to pre-K. Their primary objective is to provide top-notch, comprehensive early education to children residing in the Renaissance and Little Rock neighborhoods. The center strives to make high-quality education accessible to all families, ensuring that financial constraints do not hinder a child's learning opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating
Renaissance Child Development Center has received a Two-Star rating from Charity Navigator, indicating a fair performance in terms of accountability and finance. The organization boasts an impressive program expense ratio of 91.65%, demonstrating a strong commitment to directing funds towards its primary mission. The charity also scores well in governance with perfect ratings for the independence of its board members, board size, and adherence to conflict of interest policies.
However, the organization's overall score reflects some concerns, particularly in its liabilities to assets ratio, where it received no points. This could indicate potential financial stability issues, which might raise questions for potential donors regarding long-term sustainability. Despite these challenges, the center maintains a solid structure in its governance practices and transparency, which are critical for nonprofit operations.
In summary, while Renaissance Child Development Center shows strengths in program spending and governance, the financial health indicated by its liabilities may be a focal point for improvement. Potential supporters should consider these factors when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Renaissance Child Development Center legitimate?
Renaissance Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Child Development Center 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: $0
For more financial information, click here
What is the mission statement of Renaissance Child Development Center?
The Renaissance Child Development Center's mission is centered around providing high-quality and holistic early education for children between the ages of 0 to 5. This commitment extends to families residing in the Renaissance and Little Rock neighborhoods, ensuring that cost does not deter them. The center aims to create a safe and age-appropriate environment that fosters learning and growth for children from infancy to pre-K.
Who is the CEO of Renaissance Child Development Center?
William Mcdonald Jr is the Chairman of Renaissance Child Development Center. The CEO's salary of Renaissance Child Development Center is $0 and their total compensation is $170,262.
What is the revenue of Renaissance Child Development Center?
Renaissance Child Development Center's revenue in 2022 was $78,121.
Who are the executives of Renaissance Child Development Center and what are their salaries?
There 5 volunteers at Renaissance Child Development Center.
Here are 6 key members and their salaries (Renaissance Child Development Center's CEO's salary is $0 and their total compensation is $170,262):
- 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: $145,898
- Other: $24,364
Where can I find the form 990 for Renaissance Child Development Center?
Renaissance Child Development Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Renaissance Child Development Center
The Renaissance Child Development Center is committed to providing high-quality and holistic early education to children residing in the Renaissance and Little Rock neighborhoods, aged between 0 and 5. This nonprofit organization strives to make this education accessible to any families who wish to avail of it, ensuring that financial constraints do not act as a barrier. The center aims to offer an age-appropriate and secure learning environment for children from birth to pre-K, fostering their growth and development.
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Impact
August, 2024
Renaissance Child Development Center's impact is profound, as it plays a crucial role in providing quality and holistic early education to children aged 0-5 in the Renaissance and Little Rock neighborhoods of Charlotte, NC. By offering an age-appropriate and safe learning environment, this center ensures that children have the opportunity to thrive and grow during their formative years. Its mission to make quality early education accessible to all families, regardless of their financial circumstances, helps in breaking down barriers to learning and fostering a brighter future for the children in these communities.
This information is meant to be a general summary of Renaissance Child Development Center. 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: $31,121
- Program Service Revenue: $47,000
- Gross Receipts: $78,121
Assets and Liabilities:
- Total Assets: $5,564,267
- Total Liabilities: $4,982,085
- Net Assets: $582,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM ACTIVITY RENT
Revenue
$47,000
Organization Details
Founding Year
2016
Phone
(704) 248-3761Principal Officer
William Mcdonald Jr
Main Address
3610 NOBLES AVE 199, CHARLOTTE, NC, 28208
NTEE Category
Code: P30 - Human services
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