Overview
What is Rainbows Of Learning Inc?
Rainbows Of Learning Inc, situated in Augusta, New Jersey, is a nonprofit organization primarily focused on providing child care and day care services for families in need. With a dedicated workforce of 16 individuals, the organization offers support to working families and single parent households, ensuring the well-being of their children during the day. The mission of Rainbows Of Learning Inc is deeply rooted in this service, aiming to make a positive impact on the lives of these families by providing a safe and nurturing environment for their children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating) from Charity Navigator.
Rainbows Of Learning Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This score is derived entirely from its accountability and finance metrics, which reflect a commitment to transparency and responsible financial practices. The charity has successfully demonstrated effective oversight, with no material diversion of assets and comprehensive policies in place for conflicts of interest, whistleblower protection, and document retention.
The organization scored exceptionally well in critical areas such as program expenses, allocating nearly 80% of its budget to its programs. This illustrates a strong focus on its mission and serving the community. Furthermore, the charity maintains a healthy liabilities-to-assets ratio, indicating sound financial health and management.
While the overall rating is positive, it is important for potential donors and stakeholders to consider that the score is solely based on accountability and finance, without additional metrics regarding program effectiveness or impact. Potential supporters might wish to explore further details about the charity's programs and outcomes to gain a more comprehensive understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbows Of Learning Inc legitimate?
Rainbows Of Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbows Of Learning 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $698,338
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What is the mission statement of Rainbows Of Learning Inc?
Rainbows of Learning Inc. is committed to providing child care and day care services for families in need, including those with working parents and single-parent households. Their mission is to ensure that these children receive adequate care during the day, thereby enabling their parents to focus on their professional responsibilities. The organization's activities revolve around offering day care services, providing a safe and nurturing environment for the children under their care. By doing so, Rainbows of Learning Inc. plays a significant role in supporting working families and single parents, enabling them to maintain a balanced work-life equilibrium.
Who is the CEO of Rainbows Of Learning Inc?
George Lista is the President of Rainbows Of Learning Inc.
What is the revenue of Rainbows Of Learning Inc?
Rainbows Of Learning Inc's revenue in 2022 was $1,243,292.
Who are the executives of Rainbows Of Learning Inc and what are their salaries?
The average compensation at Rainbows Of Learning Inc during 2022 was $43,646. There are 16 employees at Rainbows Of Learning Inc.
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Where can I find the form 990 for Rainbows Of Learning Inc?
Rainbows Of Learning Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rainbows Of Learning Inc
Rainbows of Learning Inc, as a nonprofit organization, is dedicated to providing child care and day care services for families who are employed or are single parents. Their mission is centered around offering a supportive environment for children, allowing their parents to work or manage their households with peace of mind. By offering these services, Rainbows of Learning Inc contributes to the well-being of both children and their families, ensuring that the children receive the care they need while their parents can focus on their responsibilities.
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Impact
October, 2024
Rainbows Of Learning Inc plays a vital role in the community by providing accessible child care and day care services for working families and single-parent households. By offering a safe and nurturing environment, it allows parents to pursue their careers and manage their responsibilities with the peace of mind that their children are well cared for. The organization creates a supportive infrastructure that caters specifically to the needs of those juggling work and family commitments, ensuring that children receive the attention and educational resources necessary for their development. Through its programs, Rainbows Of Learning Inc fosters a sense of stability for families, contributing positively to the overall well-being of the community in Augusta, NJ.
This information is meant to be a general summary of Rainbows Of Learning 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: $59
- Program Service Revenue: $1,090,426
- Gross Receipts: $1,243,292
Assets and Liabilities:
- Total Assets: $2,104,441
- Total Liabilities: $1,135,546
- Net Assets: $968,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$1,090,426
Organization Details
Phone
(973) 383-5956Principal Officer
George Lista
Main Address
118 ROUTE 206, AUGUSTA, NJ, 07822
NTEE Category
Code: P33 - Human services
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