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Jolly Baby Center Inc

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

EIN: 820921569 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Jolly Baby Center Inc?

Jolly Baby Center Inc, situated in Brooklyn, New York, is a nonprofit organization that prioritizes the well-being of low-income families. By providing a secure environment, the center allows primary caretakers to engage in work, school, or training, ensuring the continuity of their livelihoods. The center caters to the children's educational, social, and cognitive needs, offering them a stimulating environment away from home. Jolly Baby Center's mission is centered around supporting these families and helping their children grow and learn during their absence.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63% (Two-Star out of Four Stars)

Jolly Baby Center Inc has received a score of 63%, which reflects a two-star rating on Charity Navigator. This rating indicates some concerns regarding the nonprofit's accountability and financial transparency, notably the absence of independent board members and the lack of publicly available financial statements. While the organization has demonstrated effective program expense management, questions arise regarding its governance structure.

On a positive note, the organization has solid policies in place, including a conflict of interest policy, a whistleblower policy, and a document retention strategy, all of which are fully compliant and indicate a commitment to ethical governance. Furthermore, the nonprofit exhibits a strong program expense ratio of 95.23%, suggesting that a significant portion of its funds is directed toward its stated mission.

However, the absence of an independent board and the failure to post essential financial documents on its website raise concerns about operational transparency. The lack of independent oversight may impact the organization's credibility and trust with potential donors and stakeholders, which is critical for long-term sustainability and support.


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

Is Jolly Baby Center Inc legitimate?

Jolly Baby Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jolly Baby Center 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: $150,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $588,681

For more financial information, click here

What is the mission statement of Jolly Baby Center Inc?

The mission of Jolly Baby Center Inc., as stated, is to support low-income families by providing a safe environment for their children while the primary caregivers are engaged in work, school, or employment training. The center caters to the educational, social, and cognitive needs of these children, ensuring they continue to grow and learn outside their homes. Jolly Baby Center aims to contribute positively to the overall development of these children, providing them with an alternative learning and socializing space.

Who is the CEO of Jolly Baby Center Inc?

Martin Mayer is the President of Jolly Baby Center Inc.

What is the revenue of Jolly Baby Center Inc?

Jolly Baby Center Inc's revenue in 2022 was $2,883,656.

Who are the executives of Jolly Baby Center Inc and what are their salaries?

The average compensation at Jolly Baby Center Inc during 2022 was $13,945. There are 53 employees at Jolly Baby Center Inc.


Here are 3 key members and their salaries:


Jacob Werczberger (Officer)
  • Compensation: $133,173
  • Related: $0
  • Other: $0
Miriam Werczberger (Secretary)
  • Compensation: $17,250
  • Related: $0
  • Other: $0
Martin Mayer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jolly Baby Center Inc?

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

Mission Statement of Jolly Baby Center Inc

Jolly Baby Center, a nonprofit organization, is committed to supporting low-income families by ensuring the well-being of their children. When the primary caretaker is engaged in work, school, or employment training, Jolly Baby Center provides a safe environment for the children. Beyond safety, the center also fulfills the children's educational, social, and cognitive needs, ensuring they continue to grow and learn while away from home. This vital service allows the parents to focus on their personal development, ultimately improving the family's overall livelihood.

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Impact




July, 2024

Jolly Baby Center Inc has a significant impact on the community by providing crucial support to low-income families in Brooklyn, NY. By offering a safe and nurturing environment for children while their primary caretakers are at work, school, or training, Jolly Baby Center plays a vital role in ensuring the well-being of both children and families. Additionally, the center's focus on fulfilling the educational, social, and cognitive needs of children contributes to their overall development and sets them on a path towards a brighter future. Jolly Baby Center's commitment to supporting families in need is a testament to the positive impact it has on the community.




This information is meant to be a general summary of Jolly Baby Center 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
$2,883,656 (2022)
Expenses
$2,848,644 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,234
  • Program Service Revenue: $2,875,422
  • Gross Receipts: $2,883,656

Assets and Liabilities:

  • Total Assets: $1,691,440
  • Total Liabilities: $872,632
  • Net Assets: $818,808

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Programs

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

Child Care Services

Revenue

$2,875,422

Organization Details

Founding Year

2017

Principal Officer

Martin Mayer

Main Address

167 TAYLOR STREET, BROOKLYN, NY, 11211

NTEE Category

Code: P33 - Human services

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