Overview
What is Lakeland Children's Center Inc?
Lakeland Children's Center Inc is a licensed, nonprofit organization situated within the Lakeland Central School District area. Their primary mission is to offer daycare services, ensuring a nurturing and secure environment for children. By doing so, they provide support to working families, promoting the positive growth and development of their children. The center is committed to upholding a warm, welcoming atmosphere that feels like a home, catering to families within the specified district.
Official website here: www.lakelandchildrenscenter.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Lakeland Children's Center Inc has achieved an impressive score of 96%, reflecting its strong commitment to accountability and financial transparency. The organization boasts a fully independent board of directors, with 100% of members meeting independence criteria, which enhances its governance practices. Additionally, it has a robust audit and oversight committee, ensuring proper financial management and oversight.
The charity's financial health is further demonstrated by a low liabilities to assets ratio of 1.74%, indicating effective asset management. Moreover, the program expense ratio is commendable at nearly 70%, suggesting that a significant portion of its resources is directed towards fulfilling its mission. The organization also adheres to best practices by having established policies for conflict of interest, whistleblower protections, and document retention.
While the overall ratings are very positive, as with any nonprofit, continuous efforts to maintain transparency and accountability are crucial for sustaining donor trust and support. However, based on the available data, Lakeland Children's Center Inc appears to be effectively meeting these challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeland Children's Center Inc legitimate?
Lakeland Children's Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland Children's 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: $117,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lakelandchildrenscenter.com
What is the mission statement of Lakeland Children's Center Inc?
The Lakeland Children's Center Inc, as a licensed organization, is dedicated to supporting working families by providing daycare services. This mission is carried out within the Lakeland School District area. The center is committed to fostering a warm, safe, and nurturing environment, promoting the positive development of children. This daycare service aims to contribute to the well-being of families while ensuring their children receive proper care and attention during their absence.
Official website here: www.lakelandchildrenscenter.com
What is the revenue of Lakeland Children's Center Inc?
Lakeland Children's Center Inc's revenue in 2024 was $1,512,917.
Official website here: www.lakelandchildrenscenter.com
Who are the executives of Lakeland Children's Center Inc and what are their salaries?
The average compensation at Lakeland Children's Center Inc during 2024 was $1,759. There are 67 employees at Lakeland Children's Center Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.lakelandchildrenscenter.com
Where can I find the form 990 for Lakeland Children's Center Inc?
Lakeland Children's Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lakelandchildrenscenter.com
Learn more at the official website: www.lakelandchildrenscenter.com
Mission Statement of Lakeland Children's Center Inc
Lakeland Children's Center Inc, a dedicated nonprofit organization, is dedicated to providing daycare services to families residing within the Lakeland Central School District area. Its mission is centered around supporting working families and facilitating the overall development of children in a nurturing, secure, and affectionate environment that resembles a home. The organization is committed to cultivating a warm and safe atmosphere, ensuring that each child receives the care they need to thrive.
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Impact
August, 2024
Lakeland Children's Center Inc provides crucial daycare services to families within the Lakeland Central School District area. They offer a warm, safe, and caring home-like environment that supports working families and fosters children's positive development. By doing so, they have a direct impact on the community by allowing parents to work knowing their children are in a supportive and nurturing environment. This organization plays a vital role in supporting families and contributing to the overall well-being of children in the community.
This information is meant to be a general summary of Lakeland Children's 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: $64,893
- Program Service Revenue: $1,089,363
- Gross Receipts: $1,512,917
Assets and Liabilities:
- Total Assets: $1,632,660
- Total Liabilities: $32,031
- Net Assets: $1,600,629
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, FEES, AND OTH
Revenue
$1,089,363
Organization Details
Founding Year
1982
Principal Officer
Beth O'Hara
NTEE Category
Code: P33Z - Human services
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