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Date:
7/19/2007 12:14:00 PM
Author:
Chris
(vstchris)
Subject:
non- profit day care question
What do you mean? Are you asking about non-profit day cares like Head Start or co-op nurseries? There are non-profits day cares and usually their purpose is to provide care or learning experiences for children who may not be able to get that care for one reason or another. Many of them provide care for low-income families but not all of them. Some of them have a committment to quality care and want to provide it to families in their communities because no one else does. If you are non-profit you needs funding because you either don't charge at all or you charge far below what it cost to run the type of program you have. In some cases an organization runs a co-op where parents have to volunteer a lot to have their child participate. They will pay a very low fee. It's really good because most of them are half-day, the children get a good experience, the staff is usually only one of two people and a lot of stuff gets donated. It's low cost to run. The only thing about running a non-profit is that you have to be aware that you won't get rich. The day care is run for the purpose of the program. But you can make money. In most states you have to have 501K or some other type of program distinguisment. You may even have to incorporate. I think that was what I was told in Nevada. I'm sure each state will have it's own rules.
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