Overview
What is Walnut Acres Day Care Center Inc?
Walnut Acres Day Care Center Inc is a nonprofit organization located at 450 WIGET LANE, WALNUT CREEK, CA 94598. Their primary mission is to offer a secure, nurturing, and enriching environment for children in kindergarten through fifth grade before and after school, as well as during the summer months. They run various programs, including a before and after school childcare for school-age children, a junior kindergarten enrichment program, and a summer camp program. In 2022, the enrollment for their enrichment program was 8 children, while the total enrollment for all their programs was 222. Their summer camp program caters to children aged 4 to 12 years, with 110 participating in 2022. The organization employs a team of 31 individuals dedicated to fulfilling this mission.
Official website here: www.walnutacreschildrenscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Walnut Acres Day Care Center Inc has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 69%, the organization demonstrates strengths in board independence, having 100% independent members, and a low liabilities to assets ratio of 0.01%. Additionally, the program expense ratio is quite high at 90.47%, suggesting that a significant portion of its expenditures is directed towards its programs.
However, there are notable weaknesses in the organization’s governance practices. The charity is lacking several critical policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, financial statements are not available, which contributes to a lower score in accountability. The absence of these policies may raise concerns regarding transparency and internal controls.
Overall, while Walnut Acres Day Care Center Inc shows promise in its financial management and program funding, the lack of essential governance documentation could hinder its credibility with potential donors and stakeholders looking for thorough oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Walnut Acres Day Care Center Inc legitimate?
Walnut Acres Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Acres Day Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $738,044
For more financial information, click here
Official website here: www.walnutacreschildrenscenter.org
What is the mission statement of Walnut Acres Day Care Center Inc?
Walnut Acres Day Care Center Inc's mission is centered around providing a nurturing and enriching environment for students in grades K-5. This is achieved through their before and after school programs, as well as their summer camp, which cater to the needs of these children. The day care center strives to ensure the safety and well-being of its students, offering them an enriching experience during these periods. Their mission extends to a junior kindergarten enrichment program during school hours, and they also accommodate age-appropriate children in this program. The day care center currently has a significant number of enrolled students, with various programs catering to different age groups.
Official website here: www.walnutacreschildrenscenter.org
Who is the CEO of Walnut Acres Day Care Center Inc?
Katie Reed is the President of Walnut Acres Day Care Center Inc.
Official website here: www.walnutacreschildrenscenter.org
What is the revenue of Walnut Acres Day Care Center Inc?
Walnut Acres Day Care Center Inc's revenue in 2022 was $1,329,219.
Official website here: www.walnutacreschildrenscenter.org
Who are the executives of Walnut Acres Day Care Center Inc and what are their salaries?
The average compensation at Walnut Acres Day Care Center Inc during 2022 was $23,808. There are 31 employees at Walnut Acres Day Care Center Inc.
Here are 7 key members and their salaries:
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Official website here: www.walnutacreschildrenscenter.org
Where can I find the form 990 for Walnut Acres Day Care Center Inc?
Walnut Acres Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.walnutacreschildrenscenter.org
Learn more at the official website: www.walnutacreschildrenscenter.org
Mission Statement of Walnut Acres Day Care Center Inc
Walnut Acres Day Care Center Inc is committed to providing a nurturing and enriching environment for K-5 students before and after school, as well as during the summer months. The organization's mission is to ensure the safety and well-being of these children, offering them an engaging and educational experience. During the academic year, Walnut Acres provides before and after school care, as well as a junior kindergarten enrichment program for age-appropriate children. In 2022, this program had 8 enrolled students. Additionally, during school hours, the enrichment program serves 65 children in TK and K. Walnut Acres Day Care Center Inc currently has a total of 222 children enrolled in all its programs, which include Little Acres, Enrichment, and Extended Care. During the summer months, the center offers a full and half-day camp program for children aged 4 to 12, with 110 participating children. In essence, Walnut Acres Day Care Center Inc aims to provide a nurturing and educational environment for school-age children, ensuring their safety and fostering their growth and development.
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Impact
July, 2024
Walnut Acres Day Care Center Inc provides a safe, nurturing, and enriching environment for K-5 students before and after school and during the summer in Walnut Creek, CA. The organization serves a total of 222 children through its programs which include before and after school childcare, Junior Kindergarten enrichment program, and full and half day Summer Camp. By offering these services, Walnut Acres Day Care Center Inc positively impacts the lives of children and families in the community by ensuring the well-being and development of school-age children in a supportive and caring environment.
This information is meant to be a general summary of Walnut Acres Day Care 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: -$18,408
- Program Service Revenue: $1,345,623
- Gross Receipts: $3,791,565
Assets and Liabilities:
- Total Assets: $1,734,810
- Total Liabilities: $252
- Net Assets: $1,734,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE REVENUE
Revenue
$1,065,200
SUMMER CAMP REVENUE
Revenue
$280,423
Organization Details
Founding Year
1978
Phone
(925) 932-0507Principal Officer
Katie Reed
Main Address
450 WIGET LANE, WALNUT CREEK, CA, 94598
NTEE Category
Code: P33Z - Human services
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