Overview
What is Babys Space A Place To Grow?
Babys Space A Place To Grow is a cutting-edge educational and parental support program, specifically tailored for low-income families. Located in Minneapolis, Minnesota, this nonprofit organization offers quality care and consistency during the critical early years of a child's development. Through educational enrichments, it motivates children to reach their full academic potential. Moreover, Babys Space's family services aim to foster healthy parent-child relationships and provide support for families navigating the challenges of poverty. The early care and education model for infants and toddlers has been successfully replicated, reflecting the organization's commitment to empowering young minds and strengthening families. With a dedicated workforce of 48 individuals, Babys Space A Place To Grow continues to make a significant impact in the lives of those it serves.
Official website here: www.babyspace.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Babys Space A Place To Grow has achieved an impressive Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. The overall score reflects a strong commitment to transparency, with a perfect score in several categories, including independent board governance and thorough oversight of financial practices.
The organization boasts a fully independent board consisting of ten members and maintains robust financial practices, as evidenced by their audit committee and conflict of interest policies. An impressive program expense ratio of 88.08% suggests that a significant portion of their funds is directed towards their programs rather than administrative costs, showcasing their focus on impact.
While the data presents a favorable view of the organization, it is essential for potential supporters to consider that the rating is based solely on accountability and financial metrics. Overall, Babys Space A Place To Grow demonstrates strong organizational strengths but should continue to communicate its programmatic outcomes and community impact to provide a more comprehensive understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Babys Space A Place To Grow?
92% of reviewers recommend BabySpace A Place To Grow based on their experiences. Here’s a summary of their comments:
Many individuals express a strong sense of community and affection for the children and families involved. One long-term participant highlighted their positive experience over six years, emphasizing the connections formed within the organization. This sentiment reflects a welcoming environment that fosters relationships and growth for both staff and families.
Overall, the organization seems to effectively fulfill its mission of providing a nurturing space for development, which resonates well with those who have engaged with its programs.
This AI summary has been generated from reviews found on Facebook.
Is Babys Space A Place To Grow legitimate?
Babys Space A Place To Grow is a legitimate nonprofit organization registered as a 501(c)(3) entity. Babys Space A Place To Grow 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: $53,574
Other Salaries and Wages: $1,010,742
For more financial information, click here
Official website here: www.babyspace.org
What is the mission statement of Babys Space A Place To Grow?
Babys Space A Place To Grow is committed to providing childcare and family services to low-income families. Their mission is carried out through a state-of-the-art educational and parent support program, designed specifically for this demographic. This program offers high-quality care and consistency during the early years of a child's development, fostering academic potential through educational enrichments. Additionally, Babys Space encourages healthy parent-child relationships and supports families in overcoming the challenges posed by poverty. The early care and education model for infants and toddlers, implemented by Babys Space, has been successfully replicated.
Official website here: www.babyspace.org
Who is the CEO of Babys Space A Place To Grow?
Deborah Lund is the Executive Director of Babys Space A Place To Grow.
Official website here: www.babyspace.org
What is the revenue of Babys Space A Place To Grow?
Babys Space A Place To Grow's revenue in 2022 was $2,534,695.
Official website here: www.babyspace.org
Who are the executives of Babys Space A Place To Grow and what are their salaries?
The average compensation at Babys Space A Place To Grow during 2022 was $21,057. There are 48 employees at Babys Space A Place To Grow.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.babyspace.org
Where can I find the form 990 for Babys Space A Place To Grow?
Babys Space A Place To Grow's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.babyspace.org
Learn more at the official website: www.babyspace.org
Mission Statement of Babys Space A Place To Grow
Babys Space A Place to Grow, as an organization, is dedicated to serving low-income families. Its mission is twofold: providing high-quality childcare and offering family support services. This state-of-the-art education and parental support program aims to make a significant impact during a child's crucial early years, ensuring consistency and educational enrichment that motivates children to reach their full academic potential.
Babys Space A Place to Grow's family services also play a crucial role in promoting healthy parent-child relationships. The program recognizes the challenges that poverty brings and strives to support families in overcoming these effects. The organization's early care and education model, specifically designed for infants and toddlers, has shown remarkable success and has even been replicated in certain contexts.
In summary, Babys Space A Place to Grow's mission is to support low-income families by offering top-notch childcare services and family support. By providing consistency, educational enrichment, and fostering healthy parent-child relationships, the organization aims to empower children to reach their full potential and help families navigate the challenges of poverty.
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Impact
October, 2024
Babys Space A Place To Grow significantly impacts low-income families by delivering essential childcare and family services. This state-of-the-art program is designed to ensure that children receive quality care during their crucial early years of development. By focusing on educational enrichment, it motivates children to reach their academic potential, providing them with a strong foundation for future success.
The program also emphasizes the importance of fostering healthy parent-child relationships, offering support to families as they navigate the challenges associated with poverty. This holistic approach not only benefits the children but also strengthens the entire family unit, enabling parents to engage more effectively in their children's lives. The successful replication of this early care and education model demonstrates its effectiveness and potential for broader application, further extending its positive impact on the community in Minneapolis and beyond.
This information is meant to be a general summary of Babys Space A Place To Grow. 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: $1,921
- Program Service Revenue: $1,005,518
- Gross Receipts: $2,534,695
Assets and Liabilities:
- Total Assets: $1,009,308
- Total Liabilities: $70,872
- Net Assets: $938,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE & EDUCATION
Revenue
$1,005,518
Organization Details
Founding Year
1998
Principal Officer
Deborah Lund
Main Address
2438 18TH AVE SOUTH, MINNEAPOLIS, MN, 55404
Website
www.babyspace.orgNTEE Category
Code: P33 - Human services
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