Overview
What is Jlp Systems Inc New Horizons Learning Center & Daycare?
Jlp Systems Inc New Horizons Learning Center & Daycare is a nonprofit organization situated in Peoria, Illinois. Its primary mission is to operate a child day care facility, catering to the needs of working families in the area. This essential service aims to provide a secure and nurturing environment for children while their parents are employed. The center's activities extend beyond just day care, as it strives to support and contribute positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 65%)
Jlp Systems Inc New Horizons Learning Center & Daycare has received a two-star rating from Charity Navigator, indicating a need for improvement with a score of 65%. The organization demonstrates strengths in its governance, with a fully independent board and strong financial audit practices. These aspects contribute positively to its accountability and finance score.
However, the nonprofit faces challenges in its financial health, particularly reflected in its liabilities to assets ratio, which stands at 90.10%. This high ratio suggests potential financial instability and could raise concerns regarding the organization's long-term sustainability. Despite a commendable program expense ratio of 92.07%, the overall financial situation requires attention to align better with best practices for nonprofit management.
In summary, while Jlp Systems Inc New Horizons Learning Center & Daycare has solid governance and accountability metrics, its financial liabilities present significant risks that need to be addressed to improve its operational effectiveness and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Jlp Systems Inc New Horizons Learning Center & Daycare legitimate?
Jlp Systems Inc New Horizons Learning Center & Daycare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jlp Systems Inc New Horizons Learning Center & Daycare 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: $0
Other Salaries and Wages: $383,662
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What is the mission statement of Jlp Systems Inc New Horizons Learning Center & Daycare?
The mission of Jlp Systems Inc's New Horizons Learning Center & Daycare is centered around operating a daycare facility. Their primary objective is to cater to the daycare needs of working families, providing a supportive environment for children in Peoria, Illinois. The center aims to contribute positively to the lives of these families by offering reliable and high-quality childcare services. While specific details about their broader goals or additional programs are not provided, it can be inferred that their primary focus is on providing a safe and nurturing environment for children while allowing their parents to maintain their employment.
Who is the CEO of Jlp Systems Inc New Horizons Learning Center & Daycare?
Becky Stokes is the President of Jlp Systems Inc New Horizons Learning Center & Daycare.
What is the revenue of Jlp Systems Inc New Horizons Learning Center & Daycare?
Jlp Systems Inc New Horizons Learning Center & Daycare's revenue in 2022 was $549,303.
Who are the executives of Jlp Systems Inc New Horizons Learning Center & Daycare and what are their salaries?
The average compensation at Jlp Systems Inc New Horizons Learning Center & Daycare during 2022 was $18,270. There are 21 employees at Jlp Systems Inc New Horizons Learning Center & Daycare.
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
Where can I find the form 990 for Jlp Systems Inc New Horizons Learning Center & Daycare?
Jlp Systems Inc New Horizons Learning Center & Daycare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jlp Systems Inc New Horizons Learning Center & Daycare
Jlp Systems Inc New Horizons Learning Center & Daycare is committed to providing a daycare facility for working families in Peoria, IL. The organization's primary mission is to serve as a reliable and nurturing environment for children while their parents are engaged in their respective jobs. By operating a daycare facility, Jlp Systems Inc New Horizons Learning Center & Daycare aims to alleviate the challenges that working families often face with childcare, thereby promoting a balanced work-life balance. The center provides a secure and stimulating environment for children, ensuring their physical, emotional, and intellectual development. By offering daycare services, Jlp Systems Inc New Horizons Learning Center & Daycare contributes to the well-being of families and the community at large.
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Impact
July, 2024
Jlp Systems Inc New Horizons Learning Center & Daycare's impact is significant in Peoria, IL as it provides a crucial service to working families in the community. By operating a child daycare facility, the organization directly supports parents by offering a safe and nurturing environment for their children while they are at work. This enables parents to pursue their careers and contribute to the local economy while ensuring their children receive proper care and early education. The center's mission to provide daycare services aligns with the needs of modern families, making it a valuable resource for the community.
This information is meant to be a general summary of Jlp Systems Inc New Horizons Learning Center & Daycare. 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.
- Program Service Revenue: $354,817
- Gross Receipts: $549,303
Assets and Liabilities:
- Total Assets: $481,514
- Total Liabilities: $433,856
- Net Assets: $47,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY CARE REVENUE
Revenue
$183,565
GRANT AWARDS
Revenue
$148,618
FOOD REIMBURSEMENT REV
Revenue
$22,634
Organization Details
Founding Year
2006
Phone
(309) 691-8113Principal Officer
Becky Stokes
Main Address
830 W TRAILCREEK DR, PEORIA, IL, 616141862
NTEE Category
Code: B21 - Education
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