Overview
What is Applewood Learning Center Inc?
Applewood Learning Center Inc, located in Londonderry, New Hampshire (030533570), is a nonprofit organization dedicated to providing comprehensive care and educational services to children ranging from six months to fifteen years old. With a workforce of approximately 29 employees, the center offers a nurturing environment that supports the holistic development of young learners. Their mission is centered around delivering high-quality child care and educational services, ensuring a well-rounded growth experience for each child under their care.
Official website here: www.applewoodlc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Applewood Learning Center Inc has received a solid Three-Star rating from Charity Navigator, primarily based on its strong Accountability & Finance score of 85%. This score reflects a well-managed organization with transparent financial practices and a commitment to accountability. The organization has a high percentage of independent board members, which suggests a commitment to governance and oversight.
The charity demonstrates robust financial health with no material diversion of assets and a favorable liabilities to assets ratio of 24.33%. It also excels in program expense ratio, dedicating 81.47% of its expenses directly to its programs, indicating that a significant majority of its funds are used effectively to fulfill its mission. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further enhances its accountability.
While the organization shows strong financial practices and governance, the overall rating is solely based on these metrics. Future evaluations may benefit from additional performance indicators or impact assessments to provide a more holistic view of the charity's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Applewood Learning Center Inc legitimate?
Applewood Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Applewood Learning Center 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: $63,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $504,993
For more financial information, click here
Official website here: www.applewoodlc.org
What is the mission statement of Applewood Learning Center Inc?
Applewood Learning Center Inc is committed to offering high-quality child care and educational services to children spanning from six months to fifteen years old. Their mission is to provide a nurturing environment that supports the overall development of each child, encompassing their cognitive, social, and emotional growth. The center aims to foster a love for learning and lay a solid foundation for their future academic success. Additionally, Applewood Learning Center Inc is dedicated to working closely with families to ensure the best possible care and support for their children.
Official website here: www.applewoodlc.org
What is the revenue of Applewood Learning Center Inc?
Applewood Learning Center Inc's revenue in 2024 was $895,979.
Official website here: www.applewoodlc.org
Who are the executives of Applewood Learning Center Inc and what are their salaries?
The average compensation at Applewood Learning Center Inc during 2024 was $20,703.
Here are 9 key members and their salaries:
- Compensation: $63,763
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- Other: $0
- Compensation: $37,637
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Official website here: www.applewoodlc.org
Where can I find the form 990 for Applewood Learning Center Inc?
Applewood Learning Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.applewoodlc.org
Learn more at the official website: www.applewoodlc.org
Mission Statement of Applewood Learning Center Inc
Applewood Learning Center Inc is devoted to offering child care and educational services to children spanning from six months to fifteen years old. Their mission is centered around providing a nurturing environment where young minds can grow and develop. The organization's primary goal is to ensure that every child, regardless of their age, receives the necessary care and education to help them reach their full potential. By offering a comprehensive range of services, Applewood Learning Center Inc strives to create a well-rounded developmental experience for each and every child within its care.
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Impact
July, 2024
Applewood Learning Center Inc's impact is significant in the city of Londonderry, NH, where it provides crucial child care and educational services to children ranging from six months to 15 years old. By offering these services, Applewood Learning Center Inc plays a vital role in supporting families in the community by ensuring that children receive quality care and education during their formative years. This not only benefits the children directly by enhancing their cognitive and social development but also contributes to the overall well-being and stability of the families served. The organization's dedication to providing these essential services underscores its commitment to meeting the needs of the community and making a positive impact on the lives of children and families.
This information is meant to be a general summary of Applewood Learning Center 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 2024.
- Investment Income: $7,481
- Program Service Revenue: $805,186
- Gross Receipts: $895,979
Assets and Liabilities:
- Total Assets: $1,058,591
- Total Liabilities: $257,607
- Net Assets: $800,984
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$362
TUITION
Revenue
$804,824
Organization Details
Founding Year
1989
Principal Officer
Elizabeth Brunette
Website
www.applewoodlc.orgNTEE Category
Code: P33 - Human services
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