Overview
What is Early Learning And Development Cent?
Early Learning and Development Cent is a nonprofit organization situated in Seattle, Washington, specifically at 225 N 70TH ST. The organization operates two childcare and development centers, catering to the needs of working parents, low-income families, and others who care for children. Their primary mission is to provide daycare services at an affordable cost. With a team of 58 dedicated employees, Early Learning and Development Cent aims to contribute positively to the community by offering high-quality childcare services.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 52% (One-Star out of Four Star rating)
Early Learning and Development Center has received a One-Star rating from Charity Navigator, indicating serious concerns regarding its accountability and financial practices. With an overall score of 52%, the organization struggles particularly with governance, highlighted by a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections.
Despite these governance issues, the organization demonstrates a strong commitment to its programs, as evidenced by an impressive program expense ratio of 85.37%. This suggests that a significant portion of its resources is directed towards its mission, which is a positive aspect for potential donors and supporters. However, the absence of financial statements and other required documentation raises questions about transparency and accountability.
Overall, while the Early Learning and Development Center appears to be effective in delivering its programs, the lack of proper governance structures and financial transparency significantly undermines its credibility. Potential donors and supporters may want to consider these factors carefully before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Early Learning And Development Cent legitimate?
Early Learning And Development Cent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Early Learning And Development Cent 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: $1,917,266
For more financial information, click here
What is the mission statement of Early Learning And Development Cent?
The Early Learning and Development Cent's mission is centered around providing affordable daycare services for working parents, low-income families, and individuals caring for children. This mission is carried out by operating two childcare and development centers in Seattle's Broadview and Greenwood neighborhoods, ensuring quality care for those in need. The organization's primary goal is to make daycare accessible, thereby supporting the needs of parents and families who require such services.
Who is the CEO of Early Learning And Development Cent?
Ian Hyde is the President of Early Learning And Development Cent.
What is the revenue of Early Learning And Development Cent?
Early Learning And Development Cent's revenue in 2022 was $3,029,605.
Who are the executives of Early Learning And Development Cent and what are their salaries?
The average compensation at Early Learning And Development Cent during 2022 was $33,056. There are 58 employees at Early Learning And Development Cent.
Here are 3 key members and their salaries:
- Compensation: $137,080
- Related: $0
- Other: $7,200
- Compensation: $133,480
- Related: $0
- Other: $8,400
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Early Learning And Development Cent?
Early Learning And Development Cent's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Early Learning And Development Cent
Early Learning and Development Cent, a nonprofit organization, is committed to providing daycare services at an affordable cost for working parents, low-income families, and others responsible for caring for children. The mission of this organization is to ensure that quality care is accessible to these individuals, enabling them to maintain their employment and provide for their families while their children are under supervision. Early Learning and Development Cent operates two childcare and development centers in the Seattle Broadview and Greenwood neighborhoods, providing a safe and nurturing environment for children. The organization's primary goal is to support working parents and low-income families by offering reasonable-priced daycare, contributing to the overall well-being of the community.
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Impact
July, 2024
Early Learning And Development Cent's impact can be seen in its dedication to providing affordable daycare services for working parents, low-income families, and others who care for children in Seattle. By operating two childcare and development centers in the Broadview and Greenwood neighborhoods, this organization plays a crucial role in ensuring that these families have access to quality care for their children. Through its mission to offer daycare at a reasonable cost, Early Learning And Development Cent positively impacts the community by supporting families in need and promoting the well-being and development of children.
This information is meant to be a general summary of Early Learning And Development Cent. 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: $21,284
- Program Service Revenue: $2,892,754
- Gross Receipts: $3,029,605
Assets and Liabilities:
- Total Assets: $1,660,704
- Total Liabilities: $21,859
- Net Assets: $1,638,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE SERVICES
Revenue
$2,892,754
Organization Details
Founding Year
1981
Phone
(206) 706-7240Principal Officer
Ian Hyde
Main Address
225 N 70TH ST, SEATTLE, WA, 98103
NTEE Category
Code: P33Z - Human services
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