Overview
What is Beginnings Child Care Center?
Beginnings Child Care Center is a nonprofit organization situated in Seattle, Washington. With two locations, it offers childcare and preschool activities for approximately 80 children. It is dedicated to providing high-quality childcare at an affordable price for the general public. The organization sets aside funds to subsidize tuition for low-income children, demonstrating its commitment to equality and accessibility. With a workforce of 47 employees, Beginnings Child Care Center aims to ensure that every child receives nurturing and stimulating care during their formative years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Beginnings Child Care Center has received a 67% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance features, such as having a fully independent board and a solid liabilities to assets ratio. Their high program expense ratio suggests that a significant portion of their budget is directed toward fulfilling their mission, which is a positive reflection of their operational focus.
However, the center has notable weaknesses in financial transparency and policy implementation. They received a score of zero in several critical areas, including financial statements and conflict of interest policy, signaling potential issues in governance practices. Additionally, the lack of whistleblower and document retention policies raises concerns about internal controls and adherence to best practices.
Overall, while Beginnings Child Care Center shows commitment in certain operational aspects, the deficiencies in transparency and policy development may affect stakeholder confidence and long-term sustainability. Addressing these weaknesses could enhance their overall effectiveness and reputation in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Beginnings Child Care Center legitimate?
Beginnings Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beginnings Child Care 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:
Executive Compensation: $160,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,069,693
For more financial information, click here
What is the mission statement of Beginnings Child Care Center?
The Beginnings Child Care Center is committed to providing high-quality childcare services at an affordable price for the wider public. This mission is carried out through the operation of childcare and preschool activities that cater to approximately 80 children at two different locations. The center also sets aside funds to subsidize tuition costs for low-income families, ensuring that quality early education is accessible to all.
Who is the CEO of Beginnings Child Care Center?
Molly Howard is the Co-Executive Director of Beginnings Child Care Center.
What is the revenue of Beginnings Child Care Center?
Beginnings Child Care Center's revenue in 2022 was $2,210,112.
Who are the executives of Beginnings Child Care Center and what are their salaries?
The average compensation at Beginnings Child Care Center during 2022 was $26,165. There are 47 employees at Beginnings Child Care Center.
Here are 14 key members and their salaries:
- Compensation: $80,805
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- Compensation: $79,257
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Where can I find the form 990 for Beginnings Child Care Center?
Beginnings Child Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beginnings Child Care Center
Beginnings Child Care Center is dedicated to providing high-quality childcare services at an affordable cost to the general public. This mission is at the heart of the organization's operations, aiming to cater to approximately 80 children across two locations. Recognizing the financial constraints faced by some families, Beginnings Child Care Center sets aside funds to subsidize the tuition of low-income children, ensuring that quality early education is accessible to all. The center's commitment to affordability and quality sets it apart, making it a valuable resource for families in need.
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Impact
July, 2024
Beginnings Child Care Center provides high-quality childcare and preschool activities for approximately 80 children at two locations in Seattle, WA. By offering affordable and accessible childcare services, Beginnings Child Care Center positively impacts families in the community by allowing parents to work or pursue education while knowing their children are in a safe and nurturing environment. Additionally, the center's commitment to subsidizing tuition for low-income children ensures that all families, regardless of financial means, have access to quality childcare services. This support helps in bridging the gap in educational opportunities for children from different socioeconomic backgrounds, ultimately contributing to a more equitable and supportive community for all.
This information is meant to be a general summary of Beginnings Child Care 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: $79
- Program Service Revenue: $1,954,550
- Gross Receipts: $2,210,112
Assets and Liabilities:
- Total Assets: $1,957,895
- Total Liabilities: $869,145
- Net Assets: $1,088,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE TUITION
Revenue
$1,954,550
Organization Details
Founding Year
1977
Phone
(206) 285-0883Principal Officer
Molly Howard
Main Address
C/O ACCMAN INC 4010 STONE WAY N, Seattle, WA, 98103
NTEE Category
Code: P33 - Human services
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