Overview
What is Kitsap Day Care Association Inc?
Kitsap Day Care Association Inc, located at 1198 Elizabeth Avenue, Bremerton, WA 98337, is a nonprofit organization dedicated to the well-being and education of children within their community. Their mission involves collaborating with local partners to offer accessible, affordable, and high-quality childcare services to children aged between 12 months and 8 years old, and their families. This association, known as Kitsap Child Care and Preschool, operates with a team of 17 employees, providing day care and preschool services that aim to foster the overall development and growth of the young children they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Kitsap Day Care Association Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is based solely on its Accountability and Finance score, which indicates a strong emphasis on responsible financial management. The organization has demonstrated commendable practices in governance, with a fully independent board and excellent financial transparency.
The organization excels particularly in areas such as its program expense ratio, with an impressive 99.40%, indicating that a significant majority of its funds are directed towards its programs. Moreover, it has a low liabilities-to-assets ratio of 5.81%, reinforcing its financial stability. Other positive indicators include the documentation of board meeting minutes and the absence of any material diversion of assets, showcasing its commitment to ethical management.
Despite these strengths, the rating being based solely on financial accountability means that other aspects of the organization, such as its programmatic effectiveness or community impact, are not assessed in this score. Nevertheless, Kitsap Day Care Association Inc is recognized for its strong governance and financial practices, which are crucial for maintaining trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kitsap Day Care Association Inc legitimate?
Kitsap Day Care Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kitsap Day Care 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: $462,941
For more financial information, click here
What is the mission statement of Kitsap Day Care Association Inc?
Kitsap Day Care Association Inc's mission is centered around collaborating with community partners to ensure the well-being and education of children. Their primary goal is to provide accessible, affordable, and high-quality child care services to children and their families in the community. By doing so, they aim to contribute positively to the overall development and growth of the young ones. The association offers day care and preschool services to children ranging from 12 months to 8 years old.
Who is the CEO of Kitsap Day Care Association Inc?
Margaret Rennemo is the Vice President of Kitsap Day Care Association Inc.
What is the revenue of Kitsap Day Care Association Inc?
Kitsap Day Care Association Inc's revenue in 2022 was $626,269.
Who are the executives of Kitsap Day Care Association Inc and what are their salaries?
The average compensation at Kitsap Day Care Association Inc during 2022 was $27,232. There are 17 employees and 7 volunteers at Kitsap Day Care Association Inc.
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Where can I find the form 990 for Kitsap Day Care Association Inc?
Kitsap Day Care Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kitsap Day Care Association Inc
Kitsap Day Care Association Inc is dedicated to working together with community partners to ensure the well-being and education of children in their community. Their mission is to make high-quality, affordable, and accessible childcare services available to children and their families. The association strives to contribute to the overall development of children, offering daycare and preschool services for children between the ages of 12 months and 8 years old.
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Impact
July, 2024
Kitsap Day Care Association Inc has a significant impact on the children and families in the Bremerton community by providing accessible, affordable, and high-quality child care and preschool services. By collaborating with community partners, they contribute to the well-being and education of children between the ages of 12 months and 8 years old. Through their work, they support families by offering essential childcare services, ensuring that children have a safe and nurturing environment to learn and grow. Their dedication to this mission creates a positive impact on the community, benefiting both the current generation of children and the future of the Bremerton area.
This information is meant to be a general summary of Kitsap Day Care 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: $8,225
- Program Service Revenue: $613,256
- Gross Receipts: $643,081
Assets and Liabilities:
- Total Assets: $248,571
- Total Liabilities: $14,456
- Net Assets: $234,115
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIVATE TUITION
Revenue
$408,919
DSHS SUBSIDY
Revenue
$176,670
USDA SUBSIDY
Revenue
$27,667
Organization Details
Founding Year
1966
Phone
(360) 373-4862Principal Officer
Margaret Rennemo
Main Address
1198 ELIZABETH AVENUE, BREMERTON, WA, 98337
NTEE Category
Code: P33Z - Human services
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