Overview
What is Crystal Stairs Inc?
Crystal Stairs Inc is a significant nonprofit organization based in Los Angeles, California, with a workforce of 604 employees. Their mission encompasses enhancing the lives of families through child care services, research, and advocacy. The organization, under contracts with the California Department of Social Services (CDSS) Childcare and Development Division, administers a child care payment program for low-income families. This program promotes economic self-sufficiency by enabling parents to work, seek employment, or attend school/training by managing monthly child care payments. Additionally, they extend support to families referred by public and private agencies due to child abuse or neglect risks. With 10,631 enrolled families and a total of 19,454 children, the organization makes monthly payments to 5,923 licensed and license-exempt child care providers.
Official website here: www.crystalstairs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Crystal Stairs Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in both accountability and financial health. With an overall score of 81%, the organization demonstrates a strong commitment to transparency and governance, as evidenced by its 100% independent board members and comprehensive policies in place for conflict of interest, whistleblowing, and document management.
The charity excels in its program expense ratio, allocating 96.59% of its funds directly to programs, indicating a strong focus on its mission. Its financial oversight is also commendable, with thorough audit practices and no reported material diversion of assets, showing responsible financial management.
However, the organization does face challenges with its liabilities to assets ratio, scoring 0 out of 15 points in this area, which may raise concerns about its financial sustainability. Overall, while Crystal Stairs Inc strengthens its reputation through responsible governance and effective usage of funds, attention to its financial liabilities could enhance its stability and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Crystal Stairs Inc legitimate?
Crystal Stairs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crystal Stairs 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: $922,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,408,598
For more financial information, click here
Official website here: www.crystalstairs.org
What is the mission statement of Crystal Stairs Inc?
Crystal Stairs Inc is dedicated to enhancing the lives of families through child care services, research, and advocacy. They administer a child care payment program, contracted by the California Department of Social Services, to support low-income families, allowing them to work, seek employment, or attend school/training. Eligibility for child care assistance is assessed, and families are guided in locating and selecting appropriate child care providers. Referrals to additional supportive services are provided as needed. Crystall Stairs Inc enrolled over 10,000 families with approximately 20,000 children and paid monthly for child care services to nearly 6,000 licensed and license-exempt providers.
Official website here: www.crystalstairs.org
Who is the CEO of Crystal Stairs Inc?
Jackie B Majors is the Board Chair of Crystal Stairs Inc. The CEO's salary of Crystal Stairs Inc is $363,347 and their total compensation is $380,256.
Official website here: www.crystalstairs.org
What is the revenue of Crystal Stairs Inc?
Crystal Stairs Inc's revenue in 2022 was $252,729,672.
Official website here: www.crystalstairs.org
Who are the executives of Crystal Stairs Inc and what are their salaries?
The average compensation at Crystal Stairs Inc during 2022 was $43,595. There are 604 employees and 678 volunteers at Crystal Stairs Inc.
Here are 18 key members and their salaries (Crystal Stairs Inc's CEO's salary is $363,347 and their total compensation is $380,256):
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- Compensation: $363,347
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- Other: $16,909
- Compensation: $243,244
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- Other: $20,439
- Compensation: $224,506
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- Other: $26,595
- Compensation: $116,541
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- Other: $25,672
- Compensation: $147,785
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- Compensation: $115,447
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- Other: $25,858
- Compensation: $110,564
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- Other: $12,164
- Compensation: $110,817
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- Other: $946
Official website here: www.crystalstairs.org
Where can I find the form 990 for Crystal Stairs Inc?
Crystal Stairs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crystalstairs.org
Learn more at the official website: www.crystalstairs.org
Mission Statement of Crystal Stairs Inc
Crystal Stairs Inc, a nonprofit organization, strives to improve the lives of families through child care services, research, and advocacy. The mission of Crystal Stairs Inc is geared towards promoting family economic self-sufficiency by administering a child care payment program for low-income families. This program, which is under contracts with the California Department of Social Services (CDSS), allows parents to work, seek employment, or attend school/training by providing financial assistance for child care.
In addition to helping families who are cycling off welfare, Crystal Stairs Inc also provides child care payment assistance to those referred by public and private agencies due to concerns of abuse or neglect. Once the family's eligibility for child care is certified, Crystal Stairs Inc assists them in locating and selecting child care providers. They offer referrals to other supportive services as needed and make monthly payments for the selected child care providers. Crystal Stairs Inc enrolled 10,631 families with a total of 19,454 children from birth to 12 years old and made monthly payments to 5,923 licensed and license-exempt child care providers. Through this comprehensive program, Crystal Stairs Inc plays a vital role in ensuring that families have access to quality child care while they focus on improving their economic situation.
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Impact
October, 2024
Crystal Stairs Inc significantly impacts families in Los Angeles by enhancing their access to quality child care services. Through its Child Care Assistance Program, the organization supports low-income families, particularly those transitioning off welfare, by covering child care costs. This assistance empowers parents to search for employment, pursue education, or attend training programs, thereby promoting economic self-sufficiency.
By enrolling over 10,631 families and assisting 19,454 children, Crystal Stairs ensures that many can secure safe, nurturing environments while parents manage their work or educational commitments. Additionally, the organization addresses the needs of children identified as "at risk" of abuse or neglect, providing referrals for supportive services that further bolster family stability.
Their efforts also include facilitating monthly payments to nearly 6,000 licensed and license-exempt child care providers, ensuring that families have reliable options for their children's care. Overall, Crystal Stairs Inc plays a crucial role in improving the lives of countless families, fostering a strong foundation for community growth and resilience.
This information is meant to be a general summary of Crystal Stairs 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: $103,062
- Program Service Revenue: $2,860
- Gross Receipts: $253,406,110
Assets and Liabilities:
- Total Assets: $49,664,464
- Total Liabilities: $39,256,003
- Net Assets: $10,408,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$2,860
Organization Details
Founding Year
1980
Phone
(323) 299-8998Principal Officer
Jackie B Majors
Main Address
5110 GOLDLEAF CIRCLE 150, LOS ANGELES, CA, 90056
Website
www.crystalstairs.orgNTEE Category
Code: A25 - Arts
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