Overview
What is Oak Street Child Development Center Inc?
Oak Street Child Development Center Inc, situated in Eugene, Oregon, is a nonprofit organization that specializes in child care services. As a child day care organization, they offer essential support to families by providing a nurturing environment for children. Their primary mission revolves around offering high-quality child care services, ensuring the overall well-being and development of the children under their care. The center's activities are focused on providing a safe and stimulating atmosphere for children to grow and learn.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
Oak Street Child Development Center Inc has received a mixed rating of 67%, which indicates some strengths as well as areas for improvement. The organization demonstrates excellent financial practices, with a program expense ratio of 99.32%, suggesting that nearly all funding is directed toward its programs. Additionally, the charity has a fully independent board, which is a positive indicator of governance and oversight.
The accountability and finance score of 67 reflects some concerns that may need to be addressed. While the organization shows no material diversion of assets and has documented board meeting minutes, the overall score suggests there are areas where operational transparency and financial health could be enhanced.
Overall, while the high program expense ratio is commendable, the overall two-star rating suggests that potential donors should consider both the strengths and limitations of the charity before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Oak Street Child Development Center Inc legitimate?
Oak Street Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Street Child Development Center 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: $64,859
Professional Fundraising Fees: $257
Other Salaries and Wages: $444,908
For more financial information, click here
What is the mission statement of Oak Street Child Development Center Inc?
Oak Street Child Development Center Inc's primary mission is focused on offering child care services. Acting as a child day care organization, their mission is to support and care for children in an appropriate setting. By providing this service, they aim to contribute positively to the development and well-being of young individuals. While the specifics of their approach or additional goals are not explicitly stated in the provided information, it can be inferred that their mission revolves around nurturing and educating children in a day care environment.
Who is the CEO of Oak Street Child Development Center Inc?
Stephanie Young-Peterson is the Principal Officer of Oak Street Child Development Center Inc.
What is the revenue of Oak Street Child Development Center Inc?
Oak Street Child Development Center Inc's revenue in 2022 was $753,636.
Who are the executives of Oak Street Child Development Center Inc and what are their salaries?
The average compensation at Oak Street Child Development Center Inc during 2022 was $20,391. There are 25 employees at Oak Street Child Development Center Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Oak Street Child Development Center Inc?
Oak Street Child Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oak Street Child Development Center Inc
Oak Street Child Development Center, as a dedicated child day care organization, is committed to providing essential child care services. The mission of this nonprofit, in simple terms, is to offer a nurturing environment for children, acting as a reliable daycare provider. By doing so, Oak Street Child Development Center plays a significant role in supporting families, allowing them to balance their personal and professional lives while ensuring their children receive proper care and attention. The center's primary focus is on providing a safe, stimulating, and educational space for children to grow and learn, fostering their overall development.
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Impact
July, 2024
Oak Street Child Development Center Inc's impact lies in its provision of essential child care services in Eugene, Oregon. By offering a safe and nurturing environment for children, the organization plays a vital role in supporting working parents and contributing to the overall welfare of the community. Through its mission to provide quality child care services, Oak Street Child Development Center Inc helps families balance their professional and personal responsibilities while ensuring the healthy development and well-being of their children. This impact extends beyond individual families to encompass the broader social and economic fabric of the city of Eugene.
This information is meant to be a general summary of Oak Street Child Development Center 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: $198
- Program Service Revenue: $620,683
- Gross Receipts: $753,636
Assets and Liabilities:
- Total Assets: $462,622
- Total Liabilities: $695
- Net Assets: $461,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION RECEIVED
Revenue
$607,261
OTHER
Revenue
$13,422
Organization Details
Founding Year
1997
Phone
(541) 344-0241Principal Officer
Stephanie Young-Peterson
Main Address
540 OAK STREET, EUGENE, OR, 97401
NTEE Category
Code: P33Z - Human services
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