Centro Mater Child Care Services Inc

What it reported doing in 2024

Centro mater child care services, inc. Is part of catholic health services. Its mission is to provide services to children residing in miami-dade county, from 6 weeks to age 12, and their families. All five centro mater centers continue to maintain accreditation by the national association for early childhood (naeyc), reflecting our ongoing commitment to excellence in early childhood education. In addition, centro mater east's after-school program maintains accreditation from the council of accreditation (coa), remaining the only after-school program in south Florida to hold this prestigious distinction. Both centro mater west and west 2 are pursuing coa accreditation, with the validation visit scheduled for october 2025.centro mater childcare services serves a monthly average of 1,360 children, reaching more than 2,060 unduplicated children during fiscal year 20242025. The early head start program expanded its funded enrollment to serve 88 children with center-based services and 147 children in the home-based program. During the 2024-2025 fiscal year, more than 170 were served across both program options. By the end of the fiscal year, over 99% of the children had up-to-date immunizations, 99% had access to medical services, 100% had access to dental services, and 97% were enrolled in health insurance. Centro mater also exceeded the federal requirement of serving at least 10% of children with disability in early head start. Funding for the head start program increased to serve 566 children, and by year's end of the 2024-2025 fiscal year, a total of 630 children had been served. Program accomplishments included that 98% of children had up-to-date immunizations, and over 97% were up to date with preventive and primary health care in accordance with the Florida epsdt schedule, 99% had access to ongoing continuous health care, and 99% were enrolled in health insurance. Centro mater's after-school program served over 525 children during the school year through the children's trust grant. During the summer, we successfully provided in-person services to more than 750 children through the children's trust summer program.for the second consecutive year, centro mater was recognized as one of "miami's favorites" by the miami herald. Additionally, centro mater east's baseball teams concluded a successful season with support from the miami marlins and have continued the collaboration with ftbol con corazn, enhancing children's social-emotional development through soccer programming.

Financial Efficiency

• Mission deployment rate: 74%; rating input score 74
• Program expense ratio: 79.9%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 86.7%; rating input score 87; 1st percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 14%; rating input score 14; 8th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 7.3%; rating input score 61; 61st percentile among comparable filings
• Total-asset coverage ratio: 0.34; rating input score 9; 9th percentile among comparable filings
• Liabilities to assets ratio: 0.15; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 6.6% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 6.2% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings