Magnificent Day Care Center Inc

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

EIN: 581336476 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Magnificent Day Care Center Inc?

Magnificent Day Care Center Inc is a nonprofit organization primarily focused on providing child care services to families with limited financial resources in Atlanta, Georgia. The organization receives financial support through a CACFP grant, allowing it to allocate $87,112 towards its food program and offer care to a total enrollment of $40,755 worth of children. Beyond child care, Magnificent Day Care Center Inc also operates a food program, demonstrating its commitment to addressing the nutritional needs of its clientele. As a child day care center, it plays a significant role in supporting the local community by offering essential care services to underprivileged families.


Is Magnificent Day Care Center Inc legitimate?

Magnificent Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnificent 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.

Here are some key statistics you may want to consider:

Executive Compensation: $52,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,020

For more financial information, click here


What is the mission statement of Magnificent Day Care Center Inc?
Who is the CEO of Magnificent Day Care Center Inc?
What is the revenue of Magnificent Day Care Center Inc?
Who are the executives of Magnificent Day Care Center Inc and what are their salaries?
Where can I find the form 990 for Magnificent Day Care Center Inc?

Mission Statement of Magnificent Day Care Center Inc

Magnificent Day Care Center, a nonprofit organization, is dedicated to providing child care for families who are economically disadvantaged or underprivileged. Their mission is exemplified through their operations, which include a food program funded by a CACFP grant worth $87,112 and a total enrollment of $40,755. This child day care center's primary objective is to cater to the needs of these families, ensuring their children receive adequate care and nourishment. The organization's focus on low-income families underlines its commitment to promoting equality and accessibility in early childhood education and care.

Impact

This information is meant to be a general summary of Magnificent Day Care Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Magnificent Day Care Center Inc provides crucial child care services for low-income and underprivileged families in Atlanta, Georgia. Through its operations and the implementation of a food program funded by a CACFP grant amounting to $87,112, the center has made a significant impact on the community. With a total enrollment of 40,755 children, Magnificent Day Care Center Inc plays a vital role in supporting working families and providing a safe and nurturing environment for children in need. By offering quality child care services, the center is helping to alleviate the burden on parents and contribute to the overall well-being of the community.





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 2022.

  • Investment Income: $0
  • Program Service Revenue: $675,580
  • Gross Receipts: $763,078

    • Assets and Liabilities:
  • Total Assets: $552,508
  • Total Liabilities: $1,573
  • Net Assets: $550,935
  • Programs

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

    CHILD DAY CARE

    Revenue

    $675,580

    Organization Details

    Founding Year

    1978

    Principal Officer

    Robert S Phillips

    Main Address

    PO BOX 42899, Atlanta, GA, 30310

    NTEE Category

    Code: P33 - Human services

    If you are a representative of Magnificent Day Care Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.