Overview
What is Lake Bowen Child Development Center?
The Lake Bowen Child Development Center, located at 404 Sugar Ridge Rd, Inman, SC 29349, is a nonprofit organization dedicated to providing childcare services. With a team of 45 employees, this center caters to children from birth to the age of 12. Their primary mission is to ensure the wellbeing and development of these young individuals during their formative years. The center operates under the name "Child Care," providing a nurturing environment for children to learn, grow, and thrive.
Official website here: www.lakebowenbaptist.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating. This rating indicates significant concerns regarding the governance and financial practices of Lake Bowen Child Development Center. The organization has received a low score primarily due to the absence of independent board members and missing key policies such as conflict of interest and whistleblower protection.
Despite these governance issues, the center does demonstrate a strong commitment to its mission, as evidenced by a program expense ratio of 100%. This suggests that all reported expenses are directed towards program services, which is a positive indicator of the organization's intent to fulfill its objectives.
However, the lack of transparency is troubling, as evidenced by missing financial statements and not having the required tax form available on its website. This raises questions about accountability to stakeholders, which could affect donor trust and support moving forward.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake Bowen Child Development Center?
100% of the 29 reviewers on Facebook recommend Lake Bowen Child Development Center. Here is a summary of their reviews:
The overwhelming sentiment reflects a strong sense of community and satisfaction with the services offered. Many users express appreciation for the supportive and nurturing environment provided by the center, highlighting the dedication and care of the staff. Reviewers feel that the center plays a vital role in the development of children and contributes positively to their lives.
Overall, the center has received high praise for its effective programs and the attention given to each child's needs, leading to a broadly favorable impression among parents and families in the community.
This AI summary has been generated from reviews found on Facebook.
Is Lake Bowen Child Development Center legitimate?
Lake Bowen Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Bowen Child Development Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $424,465
For more financial information, click here
Official website here: www.lakebowenbaptist.com
What is the mission statement of Lake Bowen Child Development Center?
The Lake Bowen Child Development Center's mission is centered around providing childcare services for children ranging from infancy to the age of 12. Their primary objective is to ensure the well-being and development of these young individuals during their formative years. The center's activities are geared towards offering daycare services, catering to the needs of children from birth up to the age of twelve. The center is committed to providing a nurturing environment that fosters growth and learning, contributing to the overall development of each child.
Official website here: www.lakebowenbaptist.com
Who is the CEO of Lake Bowen Child Development Center?
Mike Thompson is the Director of Lake Bowen Child Development Center.
Official website here: www.lakebowenbaptist.com
What is the revenue of Lake Bowen Child Development Center?
Lake Bowen Child Development Center's revenue in 2022 was $610,806.
Official website here: www.lakebowenbaptist.com
Who are the executives of Lake Bowen Child Development Center and what are their salaries?
The average compensation at Lake Bowen Child Development Center during 2022 was $9,433. There are 45 employees at Lake Bowen Child Development Center.
There is 1 key member and their salary:
- Compensation: $42,994
- Related: $0
- Other: $0
Official website here: www.lakebowenbaptist.com
Where can I find the form 990 for Lake Bowen Child Development Center?
Lake Bowen Child Development Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakebowenbaptist.com
Learn more at the official website: www.lakebowenbaptist.com
Mission Statement of Lake Bowen Child Development Center
Lake Bowen Child Development Center, as outlined in the provided information, is dedicated to providing childcare services to children spanning from birth to the age of 12 years old. This nonprofit organization's mission is to offer a nurturing environment where young minds can grow and develop, ensuring that each child receives the care they need during their formative years. The center's activities revolve around child day care, providing a safe and stimulating space for children to explore, learn, and socialize. By offering childcare services, Lake Bowen Child Development Center plays an essential role in supporting families and contributing to the overall well-being of the community's children.
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Impact
July, 2024
Lake Bowen Child Development Center plays a crucial role in the community by providing childcare services to children aged from birth to 12 years old. Through their dedicated efforts, they support working parents by offering a safe and nurturing environment for their children to learn and grow. By ensuring the well-being and development of these young children, Lake Bowen Child Development Center positively impacts families, enabling parents to maintain employment while their children receive quality care and education. This, in turn, fosters a stronger and more stable community.
This information is meant to be a general summary of Lake Bowen Child Development Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $41
- Program Service Revenue: $560,765
- Gross Receipts: $610,806
Assets and Liabilities:
- Total Assets: $221,256
- Total Liabilities: $7,909
- Net Assets: $213,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD DAY CARE
Revenue
$440,550
AFTERSCHOOL PROGRAM
Revenue
$114,285
SUMMER PROGRAM
Revenue
$5,930
Organization Details
Founding Year
2003
Phone
(864) 814-6280Principal Officer
Mike Thompson
Main Address
404 SUGAR RIDGE RD, INMAN, SC, 29349
Website
www.lakebowenbaptist.comNTEE Category
Code: P33 - Human services
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