Overview
What is Rhemas Child Care Center Inc?
Rhemas Child Care Center Inc is a nonprofit organization situated in Harper Woods, Michigan, with a primary focus on charitable and educational endeavors. It adheres to the guidelines set by the Internal Revenue Service, allowing it to distribute funds to tax-exempt organizations under section 501C3. The center's core activities revolve around operating a child day care facility, catering to the needs of young children in the community.
Official website here: www.rhemachildcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Rhemas Child Care Center Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scores 96% overall, entirely derived from its outstanding performance in the Accountability & Finance beacon. This rating indicates that the charity demonstrates excellent financial management and organizational integrity.
The center showcases strong governance with a majority of its board members being independent, contributing to effective oversight and decision-making. Additionally, the charity has implemented comprehensive policies, including conflict of interest and whistleblower policies, which are essential for maintaining transparency and ethical standards. Financial statements are thoroughly reviewed, and the organization effectively maintains a low ratio of liabilities to assets, indicating strong financial stability.
One of the notable strengths of Rhemas Child Care Center is its high program expense ratio of 88%, suggesting that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs. This efficient allocation of resources aligns with best practices in the nonprofit sector. Overall, the organization's robust policies and financial practices position it as a trustworthy entity in the child care sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rhemas Child Care Center Inc legitimate?
Rhemas Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhemas Child Care 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: $93,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $285,235
For more financial information, click here
Official website here: www.rhemachildcare.org
What is the mission statement of Rhemas Child Care Center Inc?
Rhemas Child Care Center Inc is established with charitable and educational purposes in mind. It is structured to distribute funds to organizations that qualify as tax-exempt under Section 501C3 of the Internal Revenue Service code. While the provided information does not detail an explicit mission statement, it can be inferred that the center's goal is to contribute to charitable causes and support educational organizations that share similar objectives. The center also operates a child day care center, further suggesting its commitment to supporting children's education and well-being.
Official website here: www.rhemachildcare.org
Who is the CEO of Rhemas Child Care Center Inc?
Shenita Lloyd is the President of Rhemas Child Care Center Inc.
Official website here: www.rhemachildcare.org
What is the revenue of Rhemas Child Care Center Inc?
Rhemas Child Care Center Inc's revenue in 2022 was $665,435.
Official website here: www.rhemachildcare.org
Who are the executives of Rhemas Child Care Center Inc and what are their salaries?
The average compensation at Rhemas Child Care Center Inc during 2022 was $23,683. There are 16 employees at Rhemas Child Care Center Inc.
Here are 6 key members and their salaries:
- Compensation: $93,695
- Related: $0
- Other: $0
- Compensation: $62,605
- Related: $0
- Other: $0
- Compensation: $39,035
- Related: $0
- Other: $0
- Compensation: $30,902
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhemachildcare.org
Where can I find the form 990 for Rhemas Child Care Center Inc?
Rhemas Child Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rhemachildcare.org
Learn more at the official website: www.rhemachildcare.org
Mission Statement of Rhemas Child Care Center Inc
Rhemas Child Care Center, a nonprofit organization, is established with a primary objective of serving charitable and educational purposes. In line with this mission, the center makes distributions to organizations that are recognized as tax-exempt under Section 501C3 of the Internal Revenue Services code. While the provided information does not specify the exact nature of the center's programs or activities, it is clear that Rhemas Child Care Center is committed to contributing to causes that are considered tax-exempt under the IRS code. The organization's mission reflects a dedication to supporting causes that have a positive impact on society, as evidenced by its policy of distributing funds to eligible entities.
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Impact
July, 2024
Rhemas Child Care Center Inc in Harper Woods, MI, is making a significant impact in the community by providing essential human services through its child day care center. By offering a safe and nurturing environment for children, Rhemas Child Care Center is supporting working parents and contributing to the overall well-being of families. The center's mission to serve charitable and educational purposes underscores its commitment to enhancing the lives of children and families in the region. Through its programs and services, Rhemas Child Care Center is positively impacting the community and promoting the development of future generations.
This information is meant to be a general summary of Rhemas Child Care 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $412,369
- Gross Receipts: $665,435
Assets and Liabilities:
- Total Assets: $92,975
- Total Liabilities: $3,037
- Net Assets: $89,938
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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
$412,369
Organization Details
Founding Year
2018
Phone
(313) 473-8892Principal Officer
Shenita Lloyd
Main Address
20531 KELLY ROAD, Harper Woods, MI, 48225
Website
www.rhemachildcare.orgNTEE Category
Code: P33 - Human services
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