Overview
What is Practical Learning Center?
Practical Learning Center is a nonprofit organization that prioritizes the development of children's communication, social-emotional, and academic abilities. By employing enjoyable and educational activities, they aim to surpass conventional educational standards. Their primary focus is on elementary education, working diligently to foster growth in each child they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Practical Learning Center has received a Two-Star rating from Charity Navigator, indicating some areas of strength alongside notable weaknesses. A strong point for the organization is its financial management, highlighted by a high program expense ratio of 96.14%, which suggests that the majority of its funding is directed towards its mission-related activities. Additionally, the center demonstrates good governance with an entirely independent board of directors and no material diversion of assets.
However, the organization also has several significant shortcomings that impact its overall rating. It lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which are critical for maintaining accountability and transparency. Furthermore, there are deficiencies in tax form disclosures, including the absence of the nonprofit’s tax form on its website, which raises concerns about fiscal openness.
In summary, while the Practical Learning Center showcases strong financial practices and governance, its lack of necessary policies and transparency measures limit its effectiveness and accountability in the eyes of potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Practical Learning Center legitimate?
Practical Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Practical Learning 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: $393,052
For more financial information, click here
What is the mission statement of Practical Learning Center?
Practical Learning Center's mission is centered around enhancing the overall development of children, focusing on communication skills, social-emotional growth, and academic achievements. They achieve this goal by implementing engaging and educational activities. The center is committed to raising the standard of education, aiming to provide a stimulating learning environment for each child.
Who is the CEO of Practical Learning Center?
Netty M Brown is the Director of Practical Learning Center.
What is the revenue of Practical Learning Center?
Practical Learning Center's revenue in 2021 was $913,475.
Who are the executives of Practical Learning Center and what are their salaries?
The average compensation at Practical Learning Center during 2021 was $26,203. There are 15 employees at Practical Learning Center.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Practical Learning Center?
Practical Learning Center's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Practical Learning Center
Practical Learning Center, a dedicated institution, is committed to elevating the educational experience of each child. Their mission lies in enhancing communication, social-emotional, and academic skills in a fun and engaging manner. The center strives to set new standards in education, aiming to provide a well-rounded learning environment. At Practical Learning Center, the focus is not just on academics but also on nurturing the social-emotional development of the children, ensuring they grow into well-rounded individuals.
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Impact
July, 2024
Practical Learning Center's impact lies in its dedication to enhancing children's communication, social-emotional, and academic skills through fun and educational activities. By striving to raise the bar on education, Practical Learning Center in Brooklyn, NY is making a tangible difference in the lives of young learners, equipping them with the tools they need to succeed in school and beyond. Their focus on elementary education is helping shape the future generation with essential skills and knowledge.
This information is meant to be a general summary of Practical Learning 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 2021.
- Investment Income: $38
- Program Service Revenue: $913,437
- Gross Receipts: $913,475
Assets and Liabilities:
- Total Assets: $5,225,580
- Total Liabilities: $2,600
- Net Assets: $5,222,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & fees
Revenue
$701,850
Child food program
Revenue
$211,587
Organization Details
Founding Year
1983
Phone
(718) 282-4200Principal Officer
Netty M Brown
Main Address
22 East 16th Street, Brooklyn, NY, 11226
NTEE Category
Code: B21Z - Education
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