Overview
What is Little Lambs Daycare Inc?
Little Lambs Daycare Inc, located in Fremont, Indiana, serves the Steuben County community by offering child care and preschool classes in a state-licensed public childcare center. The daycare and after-school programs accommodate up to 80 children daily, but with flexible schedules, over 100 children receive care throughout the year. The nonprofit caters to children between six weeks and twelve years old, providing a before-and-after school program for kindergarteners to age 12, as well as a summer program for children aged six to twelve. With a mission to support working families, Little Lambs Daycare Inc offers pre-school classes alongside their child care services. The organization currently employs 42 individuals, ensuring the well-being and education of the children under their care.
Official website here: www.littlelambsfremont.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Little Lambs Daycare Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its organizational practices. While the organization boasts an independent board with 100% of members being independent, it falls short in several areas of accountability and transparency. The absence of financial statements and key policies such as conflict of interest and whistleblower protections raises concerns about governance.
Despite these limitations, Little Lambs Daycare Inc has a strong program expense ratio of over 90%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated no material diversion of assets, which reflects positively on its financial integrity. However, the lack of essential documentation and policies indicates a need for improved operational practices.
Overall, while Little Lambs Daycare Inc shows promise in its commitment to serving its community, significant enhancements in transparency and governance are recommended to ensure trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Little Lambs Daycare Inc legitimate?
Little Lambs Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Lambs Daycare Inc 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: $51,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $569,177
For more financial information, click here
Official website here: www.littlelambsfremont.net
What is the mission statement of Little Lambs Daycare Inc?
Little Lambs Daycare Inc's mission is centered around providing childcare services for working families. This encompasses offering before and after school programs, as well as pre-school classes. The daycare aims to accommodate the schedules of numerous families, resulting in care for over 100 children annually. The age group served ranges from six weeks to twelve years, with specific programs available for kindergarten to age 12 during regular school hours and a summer program for children aged six to twelve. In 2022, the daycare provided services to approximately 60 families and 60 children.
Official website here: www.littlelambsfremont.net
What is the revenue of Little Lambs Daycare Inc?
Little Lambs Daycare Inc's revenue in 2023 was $616,232.
Official website here: www.littlelambsfremont.net
Who are the executives of Little Lambs Daycare Inc and what are their salaries?
The average compensation at Little Lambs Daycare Inc during 2023 was $13,489. There are 46 employees and 10 volunteers at Little Lambs Daycare Inc.
Here are 10 key members and their salaries:
- Compensation: $51,300
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- Other: $0
Official website here: www.littlelambsfremont.net
Where can I find the form 990 for Little Lambs Daycare Inc?
Little Lambs Daycare Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.littlelambsfremont.net
Learn more at the official website: www.littlelambsfremont.net
Mission Statement of Little Lambs Daycare Inc
Little Lambs Daycare Inc is committed to providing child care solutions for working families. This includes offering before and after school programs as well as pre-school classes. Their mission is to cater to the needs of children aged six weeks to twelve years old, ensuring that over one hundred children receive care throughout the year due to fluctuating schedules, despite the daycare's capacity being limited to eighty children per day. The organization also provides a before and after school program for children up to the age of twelve and a summer program for children between six and twelve. In 2022, Little Lambs Daycare Inc served sixty families and around sixty children, demonstrating their dedication to supporting families in need of child care solutions.
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Impact
July, 2024
Little Lambs Daycare Inc provides crucial child care services for working families in Steuben County, Indiana. With a capacity to serve 80 children per day, the daycare center actually cares for over 100 children throughout the year due to fluctuating schedules. They cater to children aged six weeks to twelve years old, offering before and after school programs, preschool classes, and a summer program for children aged six to twelve. In 2022, they served 60 families and approximately 60 children, making a significant impact on the local community by supporting parents in balancing work and family responsibilities.
This information is meant to be a general summary of Little Lambs Daycare Inc. 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 2023.
- Investment Income: $12
- Program Service Revenue: $612,295
- Gross Receipts: $618,632
Assets and Liabilities:
- Total Assets: $972,592
- Total Liabilities: $3,496
- Net Assets: $969,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE & FOOD PROGRAM
Revenue
$612,295
Organization Details
Principal Officer
Sheri Thompson
Website
www.littlelambsfremont.netNTEE Category
Code: P33 - Human services
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