Overview
What is Montgomery County Child Development Association Inc?
Montgomery County Child Development Association Inc, located in Red Oak, Iowa, is a nonprofit organization primarily dedicated to offering high-quality daycare and preschool services for children residing in Red Oak and its surrounding areas. With a team of 59 dedicated individuals, the association operates under the name 'Red Oak Child Development Center.' Their mission is to provide a nurturing environment that fosters learning and growth in young minds, ensuring they receive an excellent educational foundation. The association's work is instrumental in supporting the overall development of children, contributing positively to their future and the community at large.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The Montgomery County Child Development Association Inc has received a two-star rating, indicating that it needs improvement, with an overall score of 67%. This rating highlights significant strengths in governance and financial management, including a fully independent board and a low liabilities to assets ratio of 0.31%. Additionally, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 94.45%, suggesting that the majority of its funds are directed towards its mission.
However, the organization has notable limitations concerning transparency and accountability. Key policies such as conflict of interest, whistleblower, and document retention and destruction policies are missing, which could raise concerns about governance practices. Furthermore, the absence of financial statements and the nonprofit's website not being listed on its tax form detracts from its overall accountability.
In conclusion, while the Montgomery County Child Development Association Inc exhibits strong programmatic focus and governance structure, significant improvements in transparency and policy implementation are necessary to enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery County Child Development Association Inc legitimate?
Montgomery County Child Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County Child Development Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $588,493
For more financial information, click here
What is the mission statement of Montgomery County Child Development Association Inc?
The Montgomery County Child Development Association Inc is dedicated to providing top-notch daycare and preschool services for children. Their mission is to ensure these services are of high quality, aiming to foster the growth and development of children from Red Oak and surrounding areas. The association strives to offer comprehensive educational services alongside daycare, contributing to the overall well-being and learning of the children they serve.
Who is the CEO of Montgomery County Child Development Association Inc?
Kelly Osheim is the President of Montgomery County Child Development Association Inc.
What is the revenue of Montgomery County Child Development Association Inc?
Montgomery County Child Development Association Inc's revenue in 2022 was $1,402,011.
Who are the executives of Montgomery County Child Development Association Inc and what are their salaries?
The average compensation at Montgomery County Child Development Association Inc during 2022 was $9,974. There are 59 employees at Montgomery County Child Development Association Inc.
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Where can I find the form 990 for Montgomery County Child Development Association Inc?
Montgomery County Child Development Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Montgomery County Child Development Association Inc
Montgomery County Child Development Association Inc is dedicated to providing top-notch daycare and preschool services for children. Their mission is centered around offering high-quality educational experiences to the young ones residing in Red Oak and its surrounding areas. This nonprofit organization is committed to ensuring the children in their care receive the best possible start in life, fostering their growth and development in a nurturing environment.
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Impact
July, 2024
Montgomery County Child Development Association Inc provides quality daycare and preschool services for children in Red Oak and surrounding areas. Their impact is evident in the positive development and educational advancement of the children they serve, helping working parents by providing a safe and nurturing environment for their children. Through their human services efforts, the organization plays a vital role in supporting the community's families and ensuring children have access to quality early childhood education.
This information is meant to be a general summary of Montgomery County Child Development Association 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.
- Investment Income: $3,018
- Program Service Revenue: $547,074
- Gross Receipts: $1,402,011
Assets and Liabilities:
- Total Assets: $1,539,738
- Total Liabilities: $5,322
- Net Assets: $1,534,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENROLLMENT FEES
Revenue
$450
TUITION PAYMENT
Revenue
$546,624
Organization Details
Founding Year
2019
Phone
(712) 623-6630Principal Officer
Kelly Osheim
Main Address
400 W 2ND STREET, RED OAK, IA, 51566
NTEE Category
Code: P33 - Human services
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