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Child Care Associates

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

EIN: 840587601 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Child Care Associates?

Child Care Associates is a nonprofit organization based in Fort Worth, Texas, with a workforce of 631 employees. They are committed to family success by delivering exceptional comprehensive child care and development services. The Tarrant County Workforce Development Board has engaged them in managing child care services for families. Their mission is focused on enhancing the well-being of families through comprehensive child care and developmental support.


Official website here: www.childcareassociates.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Child Care Associates has achieved an exceptional Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scores 100% in the Accountability & Finance category, showcasing a robust governance structure and effective use of resources, which is crucial for donor trust and engagement.

The nonprofit boasts an entirely independent board with 14 members, ensuring diverse perspectives and minimizing conflicts of interest. Furthermore, Child Care Associates has implemented comprehensive policies regarding financial oversight, including a solid audit and oversight committee, and has demonstrated no material diversion of assets. This dedication to ethical management is further evidenced by its proactive approach to conflict of interest, whistleblower protection, and document retention.

While the organization excels in its financial management, the high program expense ratio of 96.18% indicates that nearly all of its expenses are directed towards programs and services rather than administrative costs. This strong performance suggests that donors can feel confident their contributions are making a meaningful impact in supporting child care initiatives.


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

Is Child Care Associates legitimate?

Child Care Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Child Care Associates 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: $20,964,785

For more financial information, click here


Official website here: www.childcareassociates.org

What is the mission statement of Child Care Associates?

Child Care Associates is dedicated to supporting family successes through the provision of excellent comprehensive child care and development services. Their mission is geared towards making a positive impact on families by delivering high-quality services that cater to the holistic needs of children. The organization's commitment extends beyond just childcare, as they aim to contribute to the overall development of children. By offering exceptional services, Child Care Associates seeks to contribute significantly to family achievements. They have a proven track record of providing child care management services to families in need.


Official website here: www.childcareassociates.org

Who is the CEO of Child Care Associates?

Kara Waddell is the Board Member of Child Care Associates. The CEO's salary of Child Care Associates is $970,156 and their total compensation is $1,019,832.


Official website here: www.childcareassociates.org

What is the revenue of Child Care Associates?

Child Care Associates's revenue in 2022 was $120,779,315.


Official website here: www.childcareassociates.org

Who are the executives of Child Care Associates and what are their salaries?

The average compensation at Child Care Associates during 2022 was $33,225. There are 631 employees and 1000 volunteers at Child Care Associates.


Here are 20 key members and their salaries (Child Care Associates's CEO's salary is $970,156 and their total compensation is $1,019,832):


Ana Coscia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Boydstun (Former Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Grenier (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charleen Nelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilma David May (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Cummings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melodi Faris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Mcglothlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernon Hilton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ximena Antunez De Mayolo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greer Christian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Saenz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara D Waddell (President/Ceo)
  • Compensation: $970,156
  • Related: $0
  • Other: $49,676
Karanae K Duane (Cfo)
  • Compensation: $320,692
  • Related: $0
  • Other: $21,918
Candace Lord (Sr Controller)
  • Compensation: $159,806
  • Related: $0
  • Other: $26,377
Stanley Chandy (It Director)
  • Compensation: $143,334
  • Related: $0
  • Other: $15,660
Travis Davis (Early Education Director)
  • Compensation: $141,843
  • Related: $0
  • Other: $15,455
Helena Mosely (Headstart Director)
  • Compensation: $149,190
  • Related: $0
  • Other: $6,901
Karin Ewbank (Chief Data Officer)
  • Compensation: $149,313
  • Related: $0
  • Other: $16,900


Official website here: www.childcareassociates.org

Where can I find the form 990 for Child Care Associates?

Child Care Associates's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.childcareassociates.org

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

Mission Statement of Child Care Associates

Child Care Associates, a dedicated organization, strives for family success by providing exceptional comprehensive child care and development services. Their mission is multifaceted, focusing on the overall wellbeing of families. By offering top-tier child care and development services, Child Care Associates aims to contribute significantly to family achievements. The Tarrant County Workforce Development Board has recognized the importance of Child Care Associates' work by providing child care management services to families in need.

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Impact




October, 2024

Child Care Associates plays a crucial role in supporting family success by providing comprehensive child care and development services. Operating within Tarrant County, the organization offers child care management services that directly assist families in navigating their child care needs. This enables parents to pursue employment and education while ensuring that their children receive quality care and developmental opportunities.

By focusing on excellence in service delivery, Child Care Associates helps create a solid foundation for children’s growth and learning, which ultimately contributes to the well-being of families in the community. The organization’s efforts help improve access to quality child care, empowering families to achieve their goals and fostering overall community development.




This information is meant to be a general summary of Child Care Associates. 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
$120,779,315 (2022)
Expenses
$116,363,007 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $458
  • Program Service Revenue: $636,254
  • Gross Receipts: $120,834,884

Assets and Liabilities:

  • Total Assets: $18,430,063
  • Total Liabilities: $6,098,027
  • Net Assets: $12,332,036

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Programs

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

PARENT FEES

Revenue

$334,620

CCMS PROGRAM SERVICE

Revenue

$301,634

Organization Details

Founding Year

1968

Principal Officer

Kara Waddell

Main Address

3000 EAST BELKNAP STREET, FORT WORTH, TX, 76111

NTEE Category

Code: P33 - Human services

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