Overview
What is Presbyterian Learning Center?
The Presbyterian Learning Center, situated in Lumberton, North Carolina, serves as a vital resource for families in need of dependable day care services. As a nonprofit organization, their primary mission is to cater to up to 145 children, ranging from infancy to twelve years old. Their offerings are not just limited to childcare, but they also ensure that their services are licensed and of high quality. The center's main goal is to provide a safe and reliable environment for the children in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
The Presbyterian Learning Center has received a Three-Star rating based on a score of 79%, which reflects a strong emphasis on accountability and finance. The rating is solely derived from the Accountability & Finance beacon, highlighting the organization's commitment to transparency and responsible financial management. Indicators such as a 100% independent board and no material diversion of assets further bolster its standing.
The organization demonstrates solid governance practices, scoring full marks in areas such as conflict of interest and whistleblower policies, which indicates a well-structured approach to oversight. Additionally, the program expense ratio is exceptionally high at 99.52%, suggesting that nearly all expenditures are directed toward its programs rather than administrative costs, effectively maximizing its impact.
While the overall rating is commendable, the singular focus on the Accountability & Finance beacon means that other aspects of the organization, like its program effectiveness or community impact, are not assessed in this summary. However, the robust financial metrics and governance policies present a positive picture of the Presbyterian Learning Center's operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Learning Center legitimate?
Presbyterian Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian 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: $340,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Presbyterian Learning Center?
The Presbyterian Learning Center's mission is centered around providing full-time day care services. This non-profit organization aims to offer dependable and licensed day care facilities for children aged between 0 and 12. Its primary objective is to ensure the well-being and development of these young individuals by offering a reliable and safe environment for them during the day. The center strives to meet the daycare needs of families in its community.
Who is the CEO of Presbyterian Learning Center?
Tim Locklear is the Chairman of Presbyterian Learning Center.
What is the revenue of Presbyterian Learning Center?
Presbyterian Learning Center's revenue in 2022 was $676,528.
Who are the executives of Presbyterian Learning Center and what are their salaries?
The average compensation at Presbyterian Learning Center during 2022 was $10,315. There are 33 employees at Presbyterian Learning Center.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $35,658
- Related: $0
- Other: $0
Where can I find the form 990 for Presbyterian Learning Center?
Presbyterian Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian Learning Center
The Presbyterian Learning Center is dedicated to providing full-time day care services for children aged between 0 and 12. This nonprofit organization's primary mission is to offer dependable and licensed day care, ensuring the well-being and development of young children in their care. By offering a reliable and licensed day care service, Presbyterian Learning Center aims to support families in Lumberton, NC, by providing a safe and nurturing environment for their children during the day.
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Impact
July, 2024
Presbyterian Learning Center's impact is significant in providing reliable and licensed day care services for children in Lumberton, NC. With the capacity to accommodate up to 145 children aged 0-12, the center plays a crucial role in supporting working families by offering full-time day care. Through its mission, Presbyterian Learning Center contributes to the education and well-being of children in the community, ensuring they have a safe and nurturing environment to learn and grow.
This information is meant to be a general summary of Presbyterian 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 2022.
- Investment Income: $2,167
- Program Service Revenue: $437,357
- Gross Receipts: $676,528
Assets and Liabilities:
- Total Assets: $959,163
- Total Liabilities: $366,453
- Net Assets: $592,710
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Organization Details
Founding Year
2006
Phone
(910) 738-7041Principal Officer
Tim Locklear
Main Address
PO BOX 1182, LUMBERTON, NC, 28359
NTEE Category
Code: B24 - Education
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