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Promote Family Development Centers

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311766818 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

Overview

What is Promote Family Development Centers?

Promote Family Development Centers is a nonprofit organization situated in Chesapeake, Virginia, specifically at 304 Newberry Drive. Their primary mission is to offer childcare and educational services to children from low-income families. With a total of 37 employees, they strive to make a significant impact in their community, providing a nurturing environment for children and supporting their families' needs. The organization's focus is on fostering the growth and development of these children, ultimately contributing to stronger and more stable families in the local area.


Is Promote Family Development Centers legitimate?

Promote Family Development Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promote Family Development Centers 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.

Here are some key statistics you may want to consider:

Executive Compensation: $53,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $590,288

For more financial information, click here


What is the mission statement of Promote Family Development Centers?
Who is the CEO of Promote Family Development Centers?
What is the revenue of Promote Family Development Centers?
Who are the executives of Promote Family Development Centers and what are their salaries?
Where can I find the form 990 for Promote Family Development Centers?

Mission Statement of Promote Family Development Centers

Promote Family Development Centers, as its name suggests, is committed to a mission that revolves around providing essential care and education to children from low-income families. This nonprofit organization's primary objective is to create a nurturing environment where these children can learn and grow, ensuring they have a strong foundation for their future. By offering childcare services, Promote Family Development Centers enables parents to focus on their own needs and responsibilities, knowing their children are in capable hands. Furthermore, the center provides educational resources, fostering the children's cognitive development and preparing them for school and beyond.

Impact

This information is meant to be a general summary of Promote Family Development Centers. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Promote Family Development Centers provides essential childcare and education services to children from low-income families in Chesapeake, VA. By offering these vital services, the organization helps empower families by giving children access to quality education and care, despite financial constraints. This impactful work not only benefits the children directly involved but also contributes to the overall well-being and development of the community. Through its mission-driven efforts, Promote Family Development Centers plays a crucial role in promoting educational opportunities and support for underserved families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $0
  • Program Service Revenue: $703,535
  • Gross Receipts: $733,115

    • Assets and Liabilities:
  • Total Assets: $443,800
  • Total Liabilities: $1,336
  • Net Assets: $442,464
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Tuition

    Revenue

    $693,275

    Registration Fee
    Childcare

    Revenue

    $9,955

    Organization Details

    Founding Year

    2003

    Principal Officer

    David Peterson

    Main Address

    304 NEWBERRY DR, CHESAPEAKE, VA, 23322

    NTEE Category

    Code: B21 - Education

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