Overview
What is Kids Orbit Inc?
Kids Orbit Inc, located in Brooklyn, New York, is a dedicated nonprofit organization with a mission to offer sensible after-school programs for young individuals. Their primary aim is to foster positive youth development and collaborate with schools, parents, and communities. By providing these programs, Kids Orbit aims to support the growth and well-being of the youth, ultimately strengthening the communities they serve. The organization employs a team of 220 individuals, demonstrating its commitment to this vital cause.
Official website here: www.kidsorbit.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Kids Orbit Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization excels in several key areas, including having a fully independent board and strong financial statements, with a notably high program expense ratio of 98.37%, which suggests that most of its resources are dedicated to its programs.
However, there are areas that require improvement, particularly concerning governance practices. The organization has received low scores in conflict of interest and whistleblower policies, as well as document retention practices. These factors may raise concerns about transparency and ethical management.
Overall, while Kids Orbit Inc demonstrates strong financial performance and effective governance in certain aspects, the noted limitations highlight the need for enhanced policies to improve overall accountability and transparency within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kids Orbit Inc legitimate?
Kids Orbit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids Orbit 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: $162,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,784,438
For more financial information, click here
Official website here: www.kidsorbit.com
What is the mission statement of Kids Orbit Inc?
Kids Orbit Inc's mission is centered around providing after-school programs that are thoughtfully designed to foster positive youth development. These programs aim to support schools, parents, and communities, working in collaboration with them to ensure the holistic growth of young individuals. The organization's primary goal is to create an environment that promotes positive youth development, thereby contributing to the overall well-being of the community.
Official website here: www.kidsorbit.com
Who is the CEO of Kids Orbit Inc?
Ronny Schindler is the President of Kids Orbit Inc.
Official website here: www.kidsorbit.com
What is the revenue of Kids Orbit Inc?
Kids Orbit Inc's revenue in 2022 was $4,116,616.
Official website here: www.kidsorbit.com
Who are the executives of Kids Orbit Inc and what are their salaries?
The average compensation at Kids Orbit Inc during 2022 was $8,850. There are 220 employees at Kids Orbit Inc.
Here are 5 key members and their salaries:
- Compensation: $162,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kidsorbit.com
Where can I find the form 990 for Kids Orbit Inc?
Kids Orbit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kidsorbit.com
Learn more at the official website: www.kidsorbit.com
Mission Statement of Kids Orbit Inc
Kids Orbit Inc, a nonprofit organization, is committed to providing after-school programs that foster positive youth development. Their mission is to design and conduct these programs in a sensible manner, aiming to support schools, parents, and communities. By doing so, Kids Orbit Inc aims to promote beneficial growth in young individuals, thereby contributing to their overall well-being. The organization's approach is collaborative, working closely with its partners to ensure the programs align with the needs and values of the communities they serve.
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Impact
July, 2024
Kids Orbit Inc's impact is evident in the positive development of young people through sensible after-school programs designed to support schools, parents, and communities. By focusing on promoting positive youth development, this organization in Brooklyn, NY, plays a crucial role in enhancing the overall well-being and growth of the children they serve. Their commitment to youth development is further highlighted through their partnerships with schools and parents, making a meaningful difference in the lives of the youth they engage with.
This information is meant to be a general summary of Kids Orbit 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 2022.
- Investment Income: $52,273
- Program Service Revenue: $3,641,393
- Gross Receipts: $4,887,962
Assets and Liabilities:
- Total Assets: $3,257,339
- Total Liabilities: $674,130
- Net Assets: $2,583,209
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$3,641,393
Organization Details
Founding Year
1996
Phone
(718) 768-4426Principal Officer
Ronny Schindler
Main Address
694 Fifth Avenue, Brooklyn, NY, 112156660
Website
www.kidsorbit.comNTEE Category
Code: O50 - Youth development
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