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Holy Cross Early Learning 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: 824070547 ✦ Mahwah, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Holy Cross Early Learning Center Inc?

Holy Cross Early Learning Center Inc., located at 125 Glasgow Terrace, Mahwah, New Jersey 07430, is a nonprofit institution committed to providing early childhood education for children aged 2 ½ to 6 years old. With a focus on creating a stimulating and structured learning environment, the center encourages high expectations through developmentally appropriate instruction. Holy Cross Early Learning Center promotes a secure and supportive atmosphere that accommodates various learning styles, ensuring each child thrives and grows. The center employs a team of 18 individuals dedicated to nurturing and educating the next generation.


Official website here: www.holycrossmahwah.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

Holy Cross Early Learning Center Inc has received a two-star rating from Charity Navigator, indicating areas in need of improvement despite a strong performance in accountability and finance. The organization has a commendable score of 100% in this area, with an independent board and a solid structure, which reflects good governance practices such as a conflict of interest policy and proper documentation of board meeting minutes.

However, the center has significant shortcomings in its financial transparency, as evidenced by a score of 0 out of 15 points for financial statements and 0 out of 4 points for having its tax form publicly available on its website. These gaps may raise concerns for potential donors regarding the organization's overall financial health and commitment to transparency.

Additionally, while the program expense ratio is reasonably healthy at 71.41%, the lack of a whistleblower policy and inadequate document retention practices highlight areas that need urgent attention. The salaries of key personnel appear aligned with industry standards, which is a positive aspect, but the organization's overall rating suggests that enhanced financial reporting and governance practices could strengthen its credibility and effectiveness.


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

Is Holy Cross Early Learning Center Inc legitimate?

Holy Cross Early Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Cross Early Learning 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: $181,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,482

For more financial information, click here


Official website here: www.holycrossmahwah.org

What is the mission statement of Holy Cross Early Learning Center Inc?

The Holy Cross Early Learning Center Inc strives to establish a stimulating and structured learning atmosphere that fosters high expectations through age-appropriate instruction. This educational center promotes a secure and nurturing environment that accommodates diverse learning styles. Its primary goal is to instill a sense of challenge and confidence in the young learners. The center aims to provide a supportive space where each child can grow and develop at their own pace.


Official website here: www.holycrossmahwah.org

Who is the CEO of Holy Cross Early Learning Center Inc?

Carrie Bryant-Render is the Director of Holy Cross Early Learning Center Inc.


Official website here: www.holycrossmahwah.org

What is the revenue of Holy Cross Early Learning Center Inc?

Holy Cross Early Learning Center Inc's revenue in 2022 was $633,987.


Official website here: www.holycrossmahwah.org

Who are the executives of Holy Cross Early Learning Center Inc and what are their salaries?

The average compensation at Holy Cross Early Learning Center Inc during 2022 was $18,628. There are 18 employees at Holy Cross Early Learning Center Inc.


Here are 4 key members and their salaries:


Carrie Bryant-Render (Director)
  • Compensation: $62,400
  • Related: $0
  • Other: $0
Veronica Kellner (Head Teacher)
  • Compensation: $51,120
  • Related: $0
  • Other: $0
Hannah Volekas (Group Teacher & Compliance Ma)
  • Compensation: $43,000
  • Related: $0
  • Other: $0
Laura Valvo (Office Manager)
  • Compensation: $25,300
  • Related: $0
  • Other: $0


Official website here: www.holycrossmahwah.org

Where can I find the form 990 for Holy Cross Early Learning Center Inc?

Holy Cross Early Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.holycrossmahwah.org

Learn more at the official website: www.holycrossmahwah.org

Mission Statement of Holy Cross Early Learning Center Inc

Holy Cross Early Learning Center strives to establish a stimulating and structured learning environment that encourages high aspirations by employing developmentally appropriate instruction. This educational institution promotes a secure and encouraging space that caters to diverse learning styles. The center's mission is to foster an atmosphere where children aged 2 ½ to 6 years old can develop and grow, nurturing their potential to the fullest. Holy Cross Early Learning Center's primary objective is to create an educational setting that instills confidence and sets high expectations, ultimately contributing to the children's overall development.

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Impact




July, 2024

Holy Cross Early Learning Center Inc's impact is evident in the nurturing and structured learning environment it provides for children ages 2 1/2-6 years old. By emphasizing high expectations through developmentally appropriate instruction, the center fosters individual learning styles and encourages growth and development. Through its educational programs, Holy Cross Early Learning Center Inc plays a crucial role in preparing young children for future academic success and personal growth.




This information is meant to be a general summary of Holy Cross Early Learning 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
$633,987 (2022)
Expenses
$478,486 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $191
  • Program Service Revenue: $456,817
  • Gross Receipts: $633,987

Assets and Liabilities:

  • Total Assets: $246,656
  • Total Liabilities: $0
  • Net Assets: $246,656

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Programs

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

PRESCHOOL TUITION

Revenue

$456,817

Organization Details

Founding Year

2018

Principal Officer

Carrie Bryant-Render

Main Address

125 GLASGOW TERRACE, MAHWAH, NJ, 07430

NTEE Category

Code: B21 - Education

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