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Riverfront Children's Center

Riverfront Children's Center

Groton, CT 06340
Tax ID06-0732017

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About this organization

Revenue

$1,440,707

Expenses

$1,346,930

Mission

The Riverfront Children's Center, Incorporated is a non-profit child care organization licensed by the State of CT and accredited by the National Association for The Education of Young Children, whose mission is to provide high quality, full time, affordable child care and wrap-around services to families in Southeastern Connecticut who are working, in training programs, or at school. We believe that parents, guardians, and teachers working together to promote the healthy development of children is essential in helping children strive to their fullest potential. We also strongly believe that all children, regardless of economic, social, ethnic background, or ability level, deserve equal access to high-quality child care experiences.

About

Education and human services.1. 37% of families live below the federal poverty level and 48% are Asset Limited, Income Constrained and Employed (ALICE) families who do not earn a wage that allows them to fully support their family. These families receive tuition subsidies through state and federal grants and/or scholarships from donations and fundraising.2. 92% of the infants and toddlers enrolled in the program for 9 months or longer are meeting gross and fine motor skill, problem solving, personal/social, and communication benchmarks, as measured by the Ages and Stages Questionnaire. 3. 94% of three to five year old children enrolled in the center for one year or longer are meeting developmental milestones in five assessment areas (language, literacy, creative/aesthetic, early math, physical motor skills).

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Riverfront childrens center, inc. is a non-profit organization established to provide full time, high quality, affordable child care and educational services while comprehensively nurturing the unique needs of children and their families. the organization provides full time naeyc accredited and state licensed child care to children of working and training families year round. riverfront childrens center supports the full wrap-around needs of each family enrolled. we served 173 children with high quality early care and education that included serving 110 families with wrap-around support services like food, clothing, housing, transportation assistance, holiday gifts and counseling referrals.”.

When discussing its operations, they were defined as: “See schedule o”.

  • The state where the non-profit operates has been legally reported as CT.
  • The filing indicates that the non-profit's address in 2020 is located at 476 Thames Street, Groton, CT, 06340.
  • The non-profit has reported 40 employees on their form as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $93,777.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 1994.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $1,005,716 in salary, compensation, and benefits to its employees.
  • The organization pays $69,488 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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