Glen Cove Child Day Care Center Inc

Nonprofit profile at a glance

EIN
116046932
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Glen Cove, NY, USA
Phone
5166712880
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$2,882,731
Expenses
$2,487,088
Assets
$1,178,529
Liabilities
$279,763

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Highest reported compensation

  • CHRISTINE CURRA (Executive Dir.): $153,741 total reported compensation
  • ELSA CRUCIANI (FINANCE DIRECTO): $120,163 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provides head start and day care services to qualified students five days a week.

What it reported doing in 2024

Head StartHead Start is a comprehensive pre-school program serving children, whose families are at or below poverty guidelines set by the Department of Health & Human Services. Head Start children are enrolled in a full-day or extended day program, and the children are served in the Sea Cliff, Glen Head, Oyster Bay, Locust Valley and Glen Cove communities. Day CareDay Care services are provided to working parents who are subsidized by the local Department of Social Services. Some parents pay a sliding scale fee set by the local Department of Social Services for Day Care Services. Day Care Services may also be provided to Head Start children who need extended care.Special EducationPre-school special education is a program that services children with diagnosed disabilities. The funding for this program comes from New York State Department of Education. Some children may require services provided by certified special education teachers, speech and language pathologist and other clinicians. Parent, Family and Community EngagementWhen families, communities and schools work together, students are more successful and the entire community benefits.Health, Safety and NutritionChildrens growth and development, learning, and overall well-being are dependent on safe and healthy physical and psychological environments and on sound nutrition.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 82
  • Accountability: 95
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.8%; rating input score 75
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.7%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 11%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 74.8% of revenue deployed · 86.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $154K · 9 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $164K reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.