Rahway Day Care Center Inc

Nonprofit profile at a glance

EIN
221967779
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Rahway, NJ, USA
Phone
7323820544
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,421,052
Expenses
$2,252,373
Assets
$1,502,270
Liabilities
$72,462

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

Leadership & pay

9 people listed

Executive titles in this filing

  • JENNIFER CLEMENS (EXECUTIVE DIRECTOR)
  • Larry Bodine (President)
  • Gary Russo (Vice President)

Highest reported compensation

  • JENNIFER CLEMENS (EXECUTIVE DIRECTOR): $128,854 total reported compensation
  • DANIELLE R SALLEY (Pre School Director): $111,250 total reported compensation

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

Overview

Mission

The rahway day care center provides full time and part time day care where children throughout the full year can develop socially, emotionally, physically, and intellectually in an affordable day care run by dedicated and professional staff. Infant and toddler, preschool, and summer camp are the full time programs and before & after school for kindergarten and before & after school thru 13 years old are the part time programs that the rahway day care center provides to families in the central New Jersey area.

What it reported doing in 2024

PRESCHOOL: TO PROVIDE AN EDUCATIONALLY SOUND PROGRAM OF DAY CARE SERVICES TO PRESCHOOL CHILDREN OF QUALIFIED LOCAL RESIDENTS. THE AGENCY PROVIDES CARE FOR APPROXIMATELY 50 CHILDREN PER WEEK, 5 DAYS A WEEK, AND 240 DAYS PER YEAR. Additionally, during 2018, the Agency took over the board of education's preschool program which enrolled an additional 60 children. TODDLER/INFANT PROGRAM: TO PROVIDE DAY CARE FOR CHILDREN OF QUALIFIED LOCAL RESIDENTS. THE AGENCY PROVIDES CARE FOR APPROXIMATELY 20 CHILDREN PER WEEK, 5 DAYS A WEEK, AND 240 DAYS PER YEAR. Afterschool - The Agency serves children up to the age of 13 to provide care for and educational enhancement to children in the hours immediately following school classes. Tuition for afterschool is set by a third-party funding source and set-forth in the contracts. Revenue is recognized over the course of the contract.

Operating model

Revenue model
Grant-funded. 61% 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

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

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.9%; rating input score 88
  • Program expense ratio: 94.5%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 20.5% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 87.9% of revenue deployed · 94.5% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $129K · 9 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.