Overview
What is Cozy Island Childcare Inc?
Cozy Island Childcare Inc, based in Lakewood, New Jersey, is a nonprofit organization that offers daycare services to the community. With a workforce of 46 employees, their primary mission is to facilitate gainful employment for individuals by providing reliable childcare services. Located at 500 River Ave STE 100, this organization plays a crucial role in enabling parents to pursue their professional endeavors with peace of mind.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Cozy Island Childcare Inc has received a Two-Star rating from Charity Navigator, which suggests moderate performance in terms of accountability and finances. The organization excels in several areas, including having a fully independent board and a strong financial structure, evidenced by a favorable liabilities to assets ratio and a solid program expense ratio.
However, the nonprofit shows significant weaknesses, particularly in transparency and compliance. It has not made its financial statements or key policies, such as a whistleblower policy and document retention policy, publicly available, which detracts from its overall accountability score. Additionally, the absence of a website listed on the tax form further raises concerns about its visibility and communication with stakeholders.
Overall, while Cozy Island Childcare Inc demonstrates some strengths in governance and financial management, it needs to address its transparency issues and improve public access to critical documents to enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Cozy Island Childcare Inc legitimate?
Cozy Island Childcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cozy Island 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: $26,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cozy Island Childcare Inc?
Cozy Island Childcare Inc was established with the primary objective of offering daycare services to the public at large. The primary purpose of the care provided by this organization is to facilitate employment opportunities for individuals. By offering reliable daycare services, the organization enables individuals to pursue gainful employment, thereby contributing positively to their livelihoods and the community as a whole. The organization's mission is centered around providing daycare services as a means to empower working individuals, ensuring a balance between their professional and personal lives.
Who is the CEO of Cozy Island Childcare Inc?
Yosef Falk is the Director of Cozy Island Childcare Inc.
What is the revenue of Cozy Island Childcare Inc?
Cozy Island Childcare Inc's revenue in 2022 was $2,661,694.
Who are the executives of Cozy Island Childcare Inc and what are their salaries?
The average compensation at Cozy Island Childcare Inc during 2022 was $567. There are 46 employees at Cozy Island Childcare Inc.
Here are 4 key members and their salaries:
- Compensation: $26,077
- 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 Cozy Island Childcare Inc?
Cozy Island Childcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cozy Island Childcare Inc
Cozy Island Childcare Inc, as established, is committed to offering daycare services to the public at large. The organization's primary objective is to facilitate the employment of individuals by providing reliable childcare services. In essence, Cozy Island Childcare Inc serves as a bridge, enabling parents to pursue their professional endeavors while ensuring their children are well-cared for. The organization's mission is centered around this dual purpose, aiming to contribute positively to both the personal and professional growth of families within the community.
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Impact
July, 2024
Cozy Island Childcare Inc's impact lies in the important role it plays in enabling individuals to be gainfully employed by providing essential daycare services to the general public. By offering reliable and high-quality childcare services, Cozy Island Childcare Inc supports working parents in balancing their professional responsibilities with their childcare needs. This, in turn, contributes to the economic well-being of families and the community as a whole by ensuring that individuals can pursue employment opportunities without having to worry about the care of their children.
This information is meant to be a general summary of Cozy Island 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.
- Program Service Revenue: $2,224,441
- Gross Receipts: $2,661,694
Assets and Liabilities:
- Total Assets: $1,905,166
- Total Liabilities: $17,509
- Net Assets: $1,887,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHS REVENUE
Revenue
$2,035,110
CUSTOMER INCOME
Revenue
$189,331
Organization Details
Founding Year
2017
Phone
(732) 987-4411Principal Officer
Yosef Falk
Main Address
500 RIVER AVE STE 100, LAKEWOOD, NJ, 08701
NTEE Category
Code: P33 - Human services
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