Overview
What is Ladacin Network Inc?
Ladacin Network Inc is a New Jersey-based nonprofit organization dedicated to delivering comprehensive services for children and adults with developmental and physical disabilities. They operate state-approved private schools, offering specialized education for children aged 3-21 for 222 program days per year. Their unique transdisciplinary approach encompasses medical services, including nursing and clinics; educational curriculum; therapeutic services such as occupational, physical, and speech therapy; and social aspects of an individual's development. Ladacin Network's mission is to provide a continuum of care, including education, therapy, social, residential, and support services to infants, children, and adults, ensuring they can discover and develop their individual strengths and abilities using all necessary technology, supports, and accommodations, both in person and remotely. The organization serves communities in Monmouth and Ocean Counties and surrounding areas, with a team of 557 employees.
Official website here: www.ladacin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Ladacin Network Inc has earned a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's score is based entirely on its Accountability & Finance performance, which reflects strong governance practices and responsible financial management. The organization demonstrates a commitment to transparency through robust policies and independent oversight.
Strengths noted in the review include a fully independent board comprised of 14 members, an exemplary accountability score in various areas such as financial audits, and no recorded material diversions of assets. Additionally, the charity maintains an impressive program expense ratio of 95.82%, suggesting that the majority of its funds are directed toward its programs rather than administrative costs.
No significant limitations were mentioned in the provided data, showcasing Ladacin Network Inc's effective governance and financial discipline. Overall, this charity exemplifies a commitment to accountability, promising effective use of donations to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ladacin Network Inc legitimate?
Ladacin Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ladacin Network 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: $376,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,321,357
For more financial information, click here
Official website here: www.ladacin.org
What is the mission statement of Ladacin Network Inc?
Ladacin Network Inc is a non-profit agency dedicated to providing a continuum of care for individuals with complex physical and developmental disabilities or delays. Their mission encompasses educational, therapeutic, social, residential, and support services for infants, children, and adults. The organization offers high-quality special education in state-approved private schools for children aged 3-21, individualized programs based on their Individual Education Plan (IEP), and utilizes a transdisciplinary philosophy to deliver services. This approach includes medical care, specialized curriculum, occupational, physical, and speech therapy, and social aspects of an individual's development, available both in-person and remotely. Ladacin Network's goal is to help each individual discover and develop their strengths and abilities.
Official website here: www.ladacin.org
Who is the CEO of Ladacin Network Inc?
Patricia Carlesimo is the President of Ladacin Network Inc.
Official website here: www.ladacin.org
What is the revenue of Ladacin Network Inc?
Ladacin Network Inc's revenue in 2022 was $30,468,758.
Official website here: www.ladacin.org
Who are the executives of Ladacin Network Inc and what are their salaries?
The average compensation at Ladacin Network Inc during 2022 was $31,773. There are 557 employees and 65 volunteers at Ladacin Network Inc.
Here are 20 key members and their salaries:
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- Compensation: $105,739
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- Compensation: $138,036
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- Other: $31,245
Official website here: www.ladacin.org
Where can I find the form 990 for Ladacin Network Inc?
Ladacin Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ladacin.org
Learn more at the official website: www.ladacin.org
Mission Statement of Ladacin Network Inc
Ladacin Network Inc, a non-profit agency, is dedicated to providing a continuum of care for infants, children, and adults with complex physical and developmental disabilities or delays. Their mission is to offer a comprehensive range of educational, therapeutic, social, residential, and support services to help individuals discover and develop their unique strengths and abilities.
The organization's state-approved private schools cater to children aged 3-21 with multiple physical and developmental disabilities, providing them with high-quality special education for 222 program days each year. Ladacin Network's team follows a transdisciplinary approach, which encompasses medical services, including nursing and various clinics, educational specialized curriculum, therapeutic services such as occupational, physical, and speech therapy, and social aspects of an individual's development. This holistic approach ensures that every student receives personalized care based on their Individual Education Plan (IEP), developed in collaboration with their family and the district child study team.
Ladacin Network's schools are part of a larger organization that utilizes a transdisciplinary philosophy to deliver services. Their team works closely together to address every aspect of a child's development, ensuring they receive the necessary support and accommodations they require. Both in-person and remote services are available, allowing them to cater to the diverse needs of their students.
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Impact
August, 2024
Ladacin Network Inc's impact can be seen in its provision of education, therapy, social, residential, and other support services to people with developmental and other physical disabilities. The organization's state-approved private schools offer high-quality special education for children ages 3-21 with multiple physical and developmental disabilities for 222 program days. Since 1956, Ladacin Network Inc has been providing a comprehensive array of services to address the whole child, ensuring they discover and develop their individual strengths and abilities. The organization serves children throughout Monmouth and Ocean counties, as well as the surrounding areas, with individualized programs based on each student's Individual Education Plan (IEP). Ladacin Network Inc follows a unique transdisciplinary philosophy that encompasses medical, educational, therapeutic, and social aspects of an individual's development, offering services both in person and remotely.
This information is meant to be a general summary of Ladacin Network 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: $67,970
- Program Service Revenue: $28,632,505
- Gross Receipts: $30,724,962
Assets and Liabilities:
- Total Assets: $23,397,632
- Total Liabilities: $7,325,441
- Net Assets: $16,072,191
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID/MEDICARE
Revenue
$15,415,542
CHILDREN EDUCATION AND THERAPY
Revenue
$6,349,660
EARLY INTERVENTION SERVICES
Revenue
$2,800,897
TARGET EVALUATION PROGRAM
Revenue
$1,627,810
COVID 19 CLOSURE SUPPLEMENTAL PAY
Revenue
$1,549,185
Organization Details
Founding Year
1952
Phone
(732) 493-5900Principal Officer
Patricia Carlesimo
Main Address
1703 KNEELEY BOULEVARD, WANAMASSA, NJ, 07712
Website
www.ladacin.orgNTEE Category
Code: G200 - Disease
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