Overview
What is Drew Child Development Corporation?
Drew Child Development Corporation is a nonprofit organization based in Gardena, California, specifically at 1411 WEST 190 STREET, ZIP code 90248. Their mission revolves around providing subsidized child care to low-income families in Service Planning Area 6 through the Subsidy for Child Care Program. This program, a crucial component of the organization, enables working parents or those seeking employable skills to attain financial stability while ensuring their children receive quality care. The program offers support in stages as families' needs and financial situations change, catering to children up to age 12 and up to age 21 for those with exceptional needs or severe disabilities. Parents can choose from a list of qualified, high-quality licensed child care centers, family child care homes, and unlicensed family caregivers who have undergone background checks. The Subsidy for Child Care Program significantly contributes to the Los Angeles County workforce by allowing families to secure and maintain employment while providing stable child care services. By administering approximately $2.5M in monthly provider payments to over 2,146 child care providers, Drew Child Development Corporation strengthens the community's future by preparing the children of Watts-Willowbrook, Compton, and South Los Angeles for success.
Official website here: www.drewcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Drew Child Development Corporation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance practices, with an entirely independent board and comprehensive policies in place for conflict of interest, whistleblowing, and document retention. Their program expense ratio is notably high at 93.66%, indicating that a significant portion of their funding is directed toward their mission.
While the organization shows strengths in many areas of financial management, it faces challenges with its liabilities to assets ratio, scoring 0 out of 15. This suggests potential concerns regarding its financial stability, which could be a critical factor for donors to consider. Despite this limitation, the overall transparency and structure of Drew Child Development Corporation position it as a responsible entity in the nonprofit sector.
In summary, Drew Child Development Corporation appears to be a well-managed organization dedicated to its cause, but prospective supporters may want to evaluate its financial stability further. The high levels of independent oversight are commendable, and the commitment to utilizing funds effectively for programs is a strong point in their favor.
This AI summary has been generated from information found on Charity Navigator.
Is Drew Child Development Corporation legitimate?
Drew Child Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drew Child Development Corporation 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: $453,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,002,700
For more financial information, click here
Official website here: www.drewcdc.org
What is the mission statement of Drew Child Development Corporation?
The Drew Child Development Corporation is dedicated to helping children in Watts-Willowbrook, Compton, and South Los Angeles succeed and contribute to a stronger community future. They achieve this by offering subsidized child care to low-income families, enabling parents to work or acquire employable skills while ensuring their children receive quality care. The subsidy program provides access to licensed child care centers, family child care homes, and qualified unlicensed family caregivers. The program supports families in breaking the cycle of prolonged challenges and securing positive outcomes. It administers approximately $2.5 million in monthly payments to over 2,146 child care providers, serving over 5,046 children and 2,641 families.
Official website here: www.drewcdc.org
Who is the CEO of Drew Child Development Corporation?
Jacqueline Clarke is the Treasurer of Drew Child Development Corporation. The CEO's salary of Drew Child Development Corporation is $231,726 and their total compensation is $254,810.
Official website here: www.drewcdc.org
What is the revenue of Drew Child Development Corporation?
Drew Child Development Corporation's revenue in 2022 was $43,708,544.
Official website here: www.drewcdc.org
Who are the executives of Drew Child Development Corporation and what are their salaries?
The average compensation at Drew Child Development Corporation during 2022 was $40,606. There are 159 employees and 16 volunteers at Drew Child Development Corporation.
Here are 19 key members and their salaries (Drew Child Development Corporation's CEO's salary is $231,726 and their total compensation is $254,810):
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- Compensation: $231,726
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- Compensation: $102,210
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- Other: $7,507
Official website here: www.drewcdc.org
Where can I find the form 990 for Drew Child Development Corporation?
Drew Child Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.drewcdc.org
Learn more at the official website: www.drewcdc.org
Mission Statement of Drew Child Development Corporation
Drew Child Development Corporation, a nonprofit organization, is dedicated to preparing the children of Watts-Willowbrook, Compton, and South Los Angeles for success. By equipping these young minds with the necessary tools and resources, the corporation aims to strengthen the community's future. One of their primary programs is the Subsidized Child Care initiative.
Through this program, Drew CDC provides affordable child care to low-income families, allowing working parents or those seeking employable skills to focus on their personal and professional growth. Parents often face ongoing financial challenges, and the subsidized child care program offers an opportunity to break the cycle and secure a better future for their families. The program offers subsidies in stages as parents' financial stability and child care needs change, providing coverage for children up to age 12 and up to age 21 for those with exceptional needs or severe disabilities.
Parents have the freedom to choose their child care provider from a list of qualified, high-quality, licensed child care centers and family child care homes, as well as unlicensed family caregivers who have undergone background checks. This program not only supports families by enabling them to secure and maintain gainful employment but also contributes financially to in-home and local family child care providers. In total, these programs administer approximately $2.5 million in monthly provider payments to over 2,146 child care providers, serving over 5,046 children and 2,641 families. Drew Child Development Corporation's mission is to empower the next generation in these communities, ensuring they have the best possible start in life and paving the way for a brighter future.
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Impact
October, 2024
Drew Child Development Corporation significantly impacts the communities of Watts-Willowbrook, Compton, and South Los Angeles by providing vital subsidized child care services to low-income families. By ensuring access to quality child care, they help alleviate the financial burdens that often pose barriers for working parents or those seeking employment.
Through the Subsidy for Child Care Program, families receive necessary support that allows them to secure stable employment while knowing their children are in a safe, nurturing environment. This initiative not only helps parents break the cycle of economic hardship but also fosters better developmental outcomes for children. The program meets the needs of families by adjusting support based on their changing financial stability and child care requirements, serving children up to age 12, and even up to 21 for those with exceptional needs or severe disabilities.
In numbers, Drew CDC's impact is substantial: they make approximately $2.5 million in monthly provider payments, supporting over 2,146 licensed child care providers. This financial support creates a dual benefit, providing crucial resources to local care providers while simultaneously benefiting over 5,046 children and 2,641 families. Overall, Drew CDC plays a vital role in strengthening the community's future by preparing the next generation for success and enabling parents to thrive in their professional lives.
This information is meant to be a general summary of Drew Child Development Corporation. 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.
- Program Service Revenue: $1,356
- Gross Receipts: $43,708,544
Assets and Liabilities:
- Total Assets: $13,410,371
- Total Liabilities: $11,329,610
- Net Assets: $2,080,761
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$1,356
Organization Details
Founding Year
1987
Phone
(323) 249-2950Principal Officer
Jacqueline Clarke
Main Address
1411 WEST 190 STREET, GARDENA, CA, 90248
Website
www.drewcdc.orgNTEE Category
Code: P37Z - Human services
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