Overview
What is Rainbow School And Daycare Center?
Rainbow School and Daycare Center is a nonprofit institution located in the Telluride region, dedicated to addressing the daycare needs of children between 1 1/2 and 7 1/2 years old. The organization's primary mission revolves around providing daycare services, ensuring a supportive and nurturing environment for its young attendees. With three distinctive programs tailored to cater to various age groups, Rainbow School and Daycare Center stands as a vital resource for families in the area, committed to fostering the development and well-being of young children.
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What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 69%)
Rainbow School and Daycare Center has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement in its accountability and financial practices. While the organization boasts a high program expense ratio of 91.60%, reflecting its commitment to direct program services, it faces significant issues with missing financial documentation and policies that are crucial for transparency and governance.
The organization has a strong independent board, with 81% of its members being independent and a complete independent board size of nine members. However, the absence of essential policies like a conflict of interest policy and a whistleblower policy raises concerns about its operational governance. Additionally, the lack of financial statements and tax documentation on its website further detracts from its overall accountability.
Despite its strengths in program expenses and asset management, Rainbow School and Daycare Center must address these governance gaps to enhance its rating and foster greater trust among donors and stakeholders. Continued focus on transparency and implementing the missing policies will be crucial for its future improvements.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow School And Daycare Center legitimate?
Rainbow School And Daycare Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow School And Daycare Center 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:
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Other Salaries and Wages: $294,264
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Official website here: www.rascalsrainbowrockies.com/
What is the mission statement of Rainbow School And Daycare Center?
Rainbow School and Daycare Center is dedicated to fulfilling the daycare needs of children ranging from 1 1/2 to 7 1/2 years old. The organization's primary mission is to offer daycare services, ensuring a supportive and nurturing environment for these young individuals. By providing three distinct programs, Rainbow School and Daycare Center aims to cater to various developmental stages and needs, ultimately contributing to the well-being and growth of the children in its care.
Official website here: www.rascalsrainbowrockies.com/
Who is the CEO of Rainbow School And Daycare Center?
Noah Sheedy is the President of Rainbow School And Daycare Center.
Official website here: www.rascalsrainbowrockies.com/
What is the revenue of Rainbow School And Daycare Center?
Rainbow School And Daycare Center's revenue in 2022 was $657,663.
Official website here: www.rascalsrainbowrockies.com/
Who are the executives of Rainbow School And Daycare Center and what are their salaries?
The average compensation at Rainbow School And Daycare Center during 2022 was $14,013. There are 21 employees at Rainbow School And Daycare Center.
Here are 10 key members and their salaries:
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Official website here: www.rascalsrainbowrockies.com/
Where can I find the form 990 for Rainbow School And Daycare Center?
Rainbow School And Daycare Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rascalsrainbowrockies.com/
Learn more at the official website: www.rascalsrainbowrockies.com/
Mission Statement of Rainbow School And Daycare Center
Rainbow School and Daycare Center is committed to fulfilling the daycare needs of children in the Telluride region, catering to children ranging from 1 1/2 to 7 1/2 years old. Their primary mission is to provide high-quality daycare services, ensuring a safe and nurturing environment for each child under their care. The organization offers three distinct programs, tailored to meet the unique needs and developmental stages of each age group, thereby promoting holistic growth and learning. By prioritizing daycare services, Rainbow School and Daycare Center aims to contribute positively to the overall well-being and development of the children within its community.
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Impact
July, 2024
Rainbow School And Daycare Center in Telluride, Colorado, has a significant impact on the community by providing essential daycare services to children aged 1 1/2 to 7 1/2. The center offers three specialized programs tailored to meet the specific needs of young children in the region. Through its dedicated mission to provide high-quality daycare services, Rainbow School And Daycare Center plays a crucial role in supporting families and working parents in balancing their responsibilities while ensuring their children receive proper care and education.
This information is meant to be a general summary of Rainbow School And Daycare Center. 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: $298
- Program Service Revenue: $396,769
- Gross Receipts: $657,663
Assets and Liabilities:
- Total Assets: $518,299
- Total Liabilities: $6,801
- Net Assets: $511,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REGISTRATION
Revenue
$396,769
Organization Details
Founding Year
1996
Principal Officer
Noah Sheedy
Main Address
PO BOX 1127, TELLURIDE, CO, 81435
NTEE Category
Code: P33 - Human services
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