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A&K Family Learning Place Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208731366 ✦ Bowie, MD ✦ Designated as a 501(c)(3)

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Overview

What is A&K Family Learning Place Inc?

A&K Family Learning Place Inc is a nonprofit organization located in Bowie, Maryland, with its new facility situated at 15440 Emerald Way. The organization specializes in afterschool tutorial and summer enrichment programs for elementary and middle school students, providing transportation, homework assistance, access to online educational resources, and snacks. Their mission is to support the academic growth of these students, ensuring they maintain their learning momentum beyond school hours. The organization is currently in the process of expanding its services with the launch of Phase II, aiming to offer a comprehensive all-day child development center. Employing a total of 17 individuals, A&K Family Learning Place Inc is dedicated to fostering educational development and growth for young learners.


Official website here: www.akfamilylearningplace.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating

A&K Family Learning Place Inc received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is derived entirely from its accountability and finance metrics, showcasing the organization’s commitment to good governance practices. Key strengths include a fully independent board, with 100% of its members meeting independence criteria, and strong financial ratios, including a program expense ratio of 78.42%, which suggests a robust focus on its mission.

The organization has demonstrated no material diversion of assets, further reinforcing its credibility within the nonprofit sector. It maintains a comprehensive conflict of interest policy and has transparency with its board meeting minutes accessible, which are positive indicators of its operational integrity. However, the absence of a whistleblower policy is a noted limitation, which could raise concerns among stakeholders regarding the protection of individuals who report misconduct.

Overall, A&K Family Learning Place Inc shows commendable strengths in governance and financial transparency, but the lack of a whistleblower policy could be an area for improvement. Overall, the organization appears to be effectively managing its resources and commitment to its mission, making it a reliable choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is A&K Family Learning Place Inc legitimate?

A&K Family Learning Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A&K Family Learning Place 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: $21,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,474

For more financial information, click here


Official website here: www.akfamilylearningplace.org

What is the mission statement of A&K Family Learning Place Inc?

A&K Family Learning Place Inc is dedicated to offering afterschool tutorial and summer enrichment programs for elementary and middle school students. Their mission encompasses providing transportation from school to the tutorial site, offering homework assistance by teaching professionals, granting access to online educational resources, and serving snacks. The primary goal is to support the academic growth of these students during non-school hours, ensuring they continue their learning journey in a stimulating and nurturing environment.


Official website here: www.akfamilylearningplace.org

Who is the CEO of A&K Family Learning Place Inc?

Kimberlyn Waterman is the President Prog Coordntr of A&K Family Learning Place Inc.


Official website here: www.akfamilylearningplace.org

What is the revenue of A&K Family Learning Place Inc?

A&K Family Learning Place Inc's revenue in 2022 was $664,679.


Official website here: www.akfamilylearningplace.org

Who are the executives of A&K Family Learning Place Inc and what are their salaries?

The average compensation at A&K Family Learning Place Inc during 2022 was $9,433. There are 17 employees and 5 volunteers at A&K Family Learning Place Inc.


Here are 4 key members and their salaries:


Kimberlyn Waterman (President Prog Coordntr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Waterman (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alma Marshall (Treasurer Education Spec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Marshall (Rec Spec)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.akfamilylearningplace.org

Where can I find the form 990 for A&K Family Learning Place Inc?

A&K Family Learning Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.akfamilylearningplace.org

Learn more at the official website: www.akfamilylearningplace.org

Mission Statement of A&K Family Learning Place Inc

A&K Family Learning Place Inc is committed to conducting afterschool tutorial and summer enrichment camps for elementary and middle school students. Their mission involves providing transportation from schools to the tutorial program site, offering homework assistance by teaching professionals, and granting access to online educational resources. Additionally, they offer snacks to the students, ensuring a well-rounded learning experience. The organization aims to support the academic growth of these students during their out-of-school hours, ultimately contributing to their overall development.

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Impact




July, 2024

A&K Family Learning Place Inc's impact can be seen in the positive difference they make in the lives of elementary and middle school students. By providing after-school tutorial and summer enrichment camp programs, along with transportation, homework assistance, access to online educational resources, and snacks, they are supporting the educational development and overall well-being of children in Bowie, MD. Their mission to offer a 1-stop all-day child development center shows their commitment to providing comprehensive care and education to young students, setting them up for success in the future. Through these programs, A&K Family Learning Place Inc is contributing to the youth development of the community.




This information is meant to be a general summary of A&K Family Learning Place 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.

Revenue
$664,679 (2022)
Expenses
$431,443 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $450,439
  • Gross Receipts: $664,679

Assets and Liabilities:

  • Total Assets: $529,647
  • Total Liabilities: $68,900
  • Net Assets: $460,747

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUMMER CAMP

Revenue

$23,707

TUTORIAL

Revenue

$426,732

Organization Details

Founding Year

2007

Principal Officer

Kimberlyn Waterman

Main Address

15440 EMERALD WAY, Bowie, MD, 20716

NTEE Category

Code: O20 - Youth development

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