Overview
What is New Little Branches Inc?
New Little Branches Inc, located in Yonkers, New York, is a nonprofit organization with a strong focus on early childhood education. Their mission is to positively impact the lives of children and families from Yonkers and beyond. The organization implements an extensive curriculum that covers various essential subjects such as writing, reading, phonics, science, music appreciation, art, physical education, library instruction, and computer applications. Established as an early childcare facility, New Little Branches Inc strives to make a difference in the community, employing 16 dedicated individuals.
Official website here: www.lanzalearningcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
New Little Branches Inc has received an 85% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization excels with a fully independent board, which is a significant strength. This level of governance contributes positively to its operational integrity, ensuring that decisions are made without conflicts of interest.
The financial oversight is commendable, with a strong audit committee and transparency in its financial reporting. The organization has also demonstrated good practices in governance, with relevant policies in place for conflict of interest, whistleblowing, and document retention. Additionally, the program expense ratio is quite high at 73.63%, reflecting a commitment to using funds effectively towards its mission.
However, the organization has a relatively low score in the liabilities to assets ratio, which stands at 65.00%. This suggests that while New Little Branches Inc is financially accountable, it may face challenges regarding its financial leverage. Overall, the nonprofit shows a strong commitment to ethical governance and responsible financial management, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is New Little Branches Inc legitimate?
New Little Branches Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Little Branches 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: $125,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $339,989
For more financial information, click here
Official website here: www.lanzalearningcenter.com
What is the mission statement of New Little Branches Inc?
New Little Branches Inc was established with a mission to transform the lives of children and their families beyond Yonkers, serving as an early childcare facility. The organization implements a comprehensive curriculum, focusing on essential skills such as reading, writing, phonics, science, and discovery. Additionally, they incorporate music appreciation, art, physical education, library instruction, and computer applications into their program. Their goal is to shape and influence the children's development in a holistic manner.
Official website here: www.lanzalearningcenter.com
Who is the CEO of New Little Branches Inc?
Raymond L Thomas Jr is the Program Director of New Little Branches Inc.
Official website here: www.lanzalearningcenter.com
What is the revenue of New Little Branches Inc?
New Little Branches Inc's revenue in 2022 was $928,152.
Official website here: www.lanzalearningcenter.com
Who are the executives of New Little Branches Inc and what are their salaries?
The average compensation at New Little Branches Inc during 2022 was $29,087. There are 16 employees at New Little Branches Inc.
Here are 9 key members and their salaries:
- Compensation: $46,117
- Related: $0
- Other: $0
- Compensation: $20,980
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lanzalearningcenter.com
Where can I find the form 990 for New Little Branches Inc?
New Little Branches Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lanzalearningcenter.com
Learn more at the official website: www.lanzalearningcenter.com
Mission Statement of New Little Branches Inc
New Little Branches Inc, established as an early childcare facility, was founded with the mission to positively impact and transform the lives of children and families beyond Yonkers. This center aimed to instill essential skills in its young charges, focusing on areas such as reading, writing, phonics, science, and art, among others. The organization's curriculum also incorporated physical education, library instruction, computer applications, and music appreciation, fostering a well-rounded development of the children under its care.
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Impact
October, 2024
New Little Branches Inc has made a significant impact on the lives of children and families in Yonkers and surrounding areas through its comprehensive early childcare programs. The center focuses on a well-rounded curriculum that fosters essential skills in writing, reading, phonics, science, and discovery. In addition to academic subjects, it incorporates music appreciation, art, physical education, library instruction, and computer applications, ensuring a holistic developmental approach.
By creating a nurturing environment, New Little Branches Inc shapes children's futures, preparing them for success in school and life. The emphasis on diverse areas of learning not only enhances academic readiness but also promotes creativity, physical health, and technological literacy. The organization plays a crucial role in supporting families, providing a foundation for lifelong learning and development in the Yonkers community and beyond.
This information is meant to be a general summary of New Little Branches 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: $4
- Program Service Revenue: $837,648
- Gross Receipts: $928,152
Assets and Liabilities:
- Total Assets: $585,202
- Total Liabilities: $357,457
- Net Assets: $227,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE FEES
Revenue
$769,047
FOOD VOUCHER
Revenue
$68,601
Organization Details
Founding Year
1997
Principal Officer
Raymond L Thomas Jr
Main Address
150 WOODWORTH AVE, Yonkers, NY, 10701
Website
www.lanzalearningcenter.comNTEE Category
Code: P33 - Human services
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