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Advance Child Care Inc

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

EIN: 752294531 ✦ Corsicana, TX ✦ Designated as a 501(c)(3)

Overview

What is Advance Child Care Inc?

Advance Child Care Inc, located in Corsicana, Texas, is a nonprofit organization dedicated to supporting child nutrition programs in the state. They offer sponsorship for USDA child nutrition initiatives in unaffiliated, licensed childcare centers. Beyond financial aid, Advance Child Care Inc extends free managerial assistance to these centers and at-risk agencies, ensuring they can effectively provide child care services to dependent children. With a team of 34 employees, they work diligently to strengthen the childcare infrastructure in Texas.


Is Advance Child Care Inc legitimate?

Advance Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advance Child Care 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: $513,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,193,681

For more financial information, click here


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

Mission Statement of Advance Child Care Inc

Advance Child Care Inc, a nonprofit organization, dedicates itself to offering free financial and managerial assistance to licensed childcare agencies and those at risk, ensuring they can continue providing essential child care and child nutrition services to dependent aged children. By providing this support, Advance Child Care Inc plays a pivotal role in fostering the development and wellbeing of young children, enabling their caregivers to focus on delivering quality care without financial strain. Additionally, the organization sponsors a USDA child nutrition program in the state of Texas, extending its reach to unaffiliated licensed childcare centers, thereby increasing access to vital nutritional resources for countless children.

Impact

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




Thursday, August 15, 2024

Advance Child Care Inc's impact can be seen in the provision of free financial and managerial support to licensed childcare and at-risk agencies that offer child care and nutrition services to dependent children. By sponsoring a USDA child nutrition program in Texas, this organization is helping unaffiliated licensed childcare centers in Corsicana and beyond enhance the quality of care and nutrition provided to children in need. Their mission to support childcare agencies and improve child nutrition services directly contributes to the well-being and development of dependent children, making a tangible difference in their lives.





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: $87,170
  • Program Service Revenue: $21,145,287
  • Gross Receipts: $21,237,457

    • Assets and Liabilities:
  • Total Assets: $3,674,252
  • Total Liabilities: $1,370,861
  • Net Assets: $2,303,391
  • Programs

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

    CACFP Centers

    Revenue

    $21,121,634

    CACFP Audit Funds

    Revenue

    $23,653

    Organization Details

    Founding Year

    1989

    Principal Officer

    Max Taylor

    Main Address

    523 W 1st Ave, Corsicana, TX, 75110

    NTEE Category

    Code: P33 - Human services

    If you are a representative of Advance Child Care 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.