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Cadets Childcare Inc

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

EIN: 824027157 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Cadets Childcare Inc?

Cadets Childcare Inc is a nonprofit organization, located in Austin, Texas, dedicated to offering high-quality child daycare services for infants and preschoolers. Their mission is to create a nurturing environment that fosters growth and development, going beyond the basics of safety, love, and respect. Cadets Childcare believes in the importance of educators exceeding their duties, aiming to establish an engaging, enriching, and supportive atmosphere that encourages learning opportunities. Moreover, they aim to make this quality care accessible and affordable for school teachers and the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)

Cadets Childcare Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization has achieved some positive marks, such as having 100% independent board members and a solid program expense ratio of 89.62%, it fails to provide financial statements and other critical governance documents, which significantly impacts its overall score.

The nonprofit's strengths lie in its board composition, which consists entirely of independent members, and its effective use of funds towards program expenses. However, the absence of essential policies like conflict of interest and whistleblower protections, as well as missing documentation related to board meetings and financial reporting, raises concerns about transparency and accountability.

Overall, while Cadets Childcare Inc demonstrates a commitment to its mission through program expense allocation, the lack of available financial information and governance practices hampers its standing. Improvements in these areas could enhance trust and support from the community and stakeholders.


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

Is Cadets Childcare Inc legitimate?

Cadets Childcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cadets 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: $131,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $568,382

For more financial information, click here

What is the mission statement of Cadets Childcare Inc?

Cadets Childcare Inc's mission is centered around providing a nurturing environment for infants and preschoolers, promoting their growth and development. The organization believes that educators have a duty to exceed expectations, prioritizing safety, love, and respect. They aim to create an environment that is not only fulfilling and enriching but also supportive of all learning opportunities. This should be achieved without burdening families with high costs. Cadets Childcare Inc further intends to offer affordable, high-quality childcare services within the school district, specifically catering to school teachers and the local community.

Who is the CEO of Cadets Childcare Inc?

Deann Mcclurg is the President of Cadets Childcare Inc.

What is the revenue of Cadets Childcare Inc?

Cadets Childcare Inc's revenue in 2022 was $1,069,122.

Who are the executives of Cadets Childcare Inc and what are their salaries?

The average compensation at Cadets Childcare Inc during 2022 was $22,582. There are 31 employees at Cadets Childcare Inc.


Here are 3 key members and their salaries:


James Mcclurg (Vice President)
  • Compensation: $66,818
  • Related: $0
  • Other: $0
Deann Mcclurg (President)
  • Compensation: $64,848
  • Related: $0
  • Other: $0
Chris Cinque (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cadets Childcare Inc?

Cadets Childcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cadets Childcare Inc

Cadets Childcare Inc, a nonprofit organization, is committed to establishing a nurturing and enriching environment for infants and preschoolers. Their mission is grounded in the belief that educators have a responsibility to exceed expectations in terms of safety, love, and respect. The goal is to create an environment that encourages learning and growth opportunities, without being overly expensive. Cadets Childcare Inc aspires to offer high-quality childcare services within the school district, making it an affordable option for teachers and the local community.

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Impact




July, 2024

Cadets Childcare Inc's impact is evident in the safe, loving, and respectful environment it provides for infants and preschoolers to grow and develop. By going above and beyond mere childcare services, Cadets Childcare strives to create a fulfilling and enriching space that supports all possible learning and growing opportunities for young children. Their commitment to offering quality childcare at an affordable rate to school teachers and the community in the Austin, TX area highlights their dedication to ensuring that children receive the care and attention they need to thrive.




This information is meant to be a general summary of Cadets 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.

Revenue
$1,069,122 (2022)
Expenses
$920,303 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $618,696
  • Gross Receipts: $1,069,122

Assets and Liabilities:

  • Total Assets: $141,340
  • Total Liabilities: $437
  • Net Assets: $140,903

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Programs

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

CHILD DAY CARE

Revenue

$618,696

Organization Details

Founding Year

2018

Principal Officer

Deann Mcclurg

Main Address

11524 ALBERTA DR, AUSTIN, TX, 78739

NTEE Category

Code: P33 - Human services

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