The information for Babyland Family Services Inc is as of the organization's most recent filing, which has an invalid date. This organization is located in Roseland, NJ. It was founded in 1971, but the number of years it has been in existence is not provided.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Babyland Family Services Inc is a nonprofit organization classified under the NTEE code P33. The "P" indicates that the organization is involved in Human Services, specifically in the area of Child Day Care. Babyland Family Services Inc provides substitute parental care for children during some portion of a twenty-four hour day. Additionally, the organization is governed by section 3 of the Internal Revenue Code, which includes organizations focused on Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals.
Based on the provided information, it is difficult to assess how well Babyland Family Services Inc is governed. The lack of information regarding the number of voting members and independent members makes it challenging to determine the level of accountability and transparency within the organization. Additionally, the absence of documented board and committee meetings raises concerns about the organization's decision-making processes and the involvement of key stakeholders. Furthermore, the absence of policies addressing conflicts of interest, whistleblower protection, document retention, and disclosure of leadership and officer salaries indicates a potential lack of governance practices and transparency within the organization. Without these policies in place, there may be a higher risk of unethical behavior or mismanagement. Moreover, the organization's failure to provide copies of the 990 to the board prior to filing suggests a lack of oversight and involvement of board members in financial decision-making and reporting. This could hinder the board's ability to fulfill its fiduciary responsibilities and ensure the organization's financial integrity. Overall, based on the limited information provided, it is difficult to determine how well Babyland Family Services Inc is governed. The absence of key governance practices and policies raises concerns about transparency, accountability, and the organization's ability to effectively manage potential conflicts of interest.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,746,789 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,073,846 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $246,566 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,837,831 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $232,923 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,662 |
Fees for services: Lobbying | $53,639 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,342 |
Advertising and promotion | $0 |
Office expenses | $45,478 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $163,135 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,123 |
Interest | $34,109 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $60,541 |
Insurance | $116,782 |
All other expenses | $142,579 |
Total functional expenses | $3,754,155 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$212,573 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $154,028 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,000 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $55,626 |
Total assets | $698,188 |
Accounts payable and accrued expenses | -$100,539 |
Grants payable | $0 |
Deferred revenue | $15,064 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $426,673 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,445,084 |
Total liabilities | $1,786,282 |
Net assets without donor restrictions | -$1,088,094 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | -$1,088,094 |
Over the last fiscal year, we have identified 1 grants that Babyland Family Services Inc has recieved totaling $6,910.
Awarding Organization | Amount |
---|---|
Tickets For Kids Foundation Pittsburgh, PA PURPOSE: TO PROVIDE TICKETS TO EVENTS FOR UNDERPRIVILEGED CHILDREN AND THEIR FAMILIES | $6,910 |
Organization Name | Assets | Revenue |
---|---|---|
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |
Union City Day Care Program Inc Union City, NJ | $4,462,325 | $9,788,592 |
Child Care Network Of New York Inc New Hyde Park, NY | $1,608,606 | $10,022,479 |
Tremont Monterey Day Care Center Inc Bronx, NY | $2,143,453 | $9,664,253 |
Learn & Play Fort Washington, PA | $20,169,763 | $14,001,464 |