Kid-Start Inc

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

EIN: 222622140 ✦ Lawrence, MA ✦ Designated as a 501(c)(3)

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Overview

What is Kid-Start Inc?

Kid-Start Inc, located at 444 Canal Street PO Box 747, Lawrence, MA 01840, is a nonprofit organization dedicated to supporting both in-home and center-based child care. With a mission to provide administrative, managerial, educational, and logistical assistance to in-home child care providers, as well as center-based child care services, Kid-Start Inc aims to enhance the quality of care for a total of 450 clients. The organization employs 25 individuals to carry out its mission, offering a comprehensive range of support to ensure the well-being of young children.


Official website here: www.kidstart.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

Kid-Start Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is primarily based on the charity's accountability and finance practices, where it excelled in key areas such as financial statements and oversight. The organization demonstrates strong governance with all essential policies in place, providing transparency and a commitment to ethical practices.

The charity scored particularly well in its financial management, showcasing an impressive program expense ratio of 89.78%, indicating that a significant portion of its funds is allocated directly to its programs. Additionally, the low liabilities to assets ratio of 16.12% suggests a solid financial position, reducing concerns about potential debt or financial instability.

While the rating is commendable, it is important for potential donors to continue monitoring the charity's performance and impact over time. The score indicates a strong foundation but does not provide insights into the specific outcomes or effectiveness of the programs being funded. Overall, Kid-Start Inc appears to be a responsible organization worthy of support, with a clear focus on accountability and financial health.


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

Is Kid-Start Inc legitimate?

Kid-Start Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kid-Start 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: $349,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $603,868

For more financial information, click here


Official website here: www.kidstart.com

What is the mission statement of Kid-Start Inc?

Kid-Start Inc's mission is centered around providing support for both in-home and center-based child care providers. Their primary goal is to offer administrative, managerial, educational, and logistical assistance to in-home child care providers, aiming to enhance the quality of care they provide. Additionally, Kid-Start Inc extends its services to center-based child care, serving a total of 450 clients. This organization's mission is geared towards fostering a nurturing environment for children, ensuring the providers have the necessary resources to cater to their needs effectively.


Official website here: www.kidstart.com

Who is the CEO of Kid-Start Inc?

Tamara Holder is the Principal Officer of Kid-Start Inc.


Official website here: www.kidstart.com

What is the revenue of Kid-Start Inc?

Kid-Start Inc's revenue in 2022 was $4,692,014.


Official website here: www.kidstart.com

Who are the executives of Kid-Start Inc and what are their salaries?

The average compensation at Kid-Start Inc during 2022 was $38,115. There are 25 employees at Kid-Start Inc.


Here are 3 key members and their salaries:


Leonard Levasseur (Executive Director)
  • Compensation: $100,354
  • Related: $0
  • Other: $0
Aida Robles (Director)
  • Compensation: $69,161
  • Related: $0
  • Other: $0
Lance Levasseur (Cfo)
  • Compensation: $67,894
  • Related: $0
  • Other: $0


Official website here: www.kidstart.com

Where can I find the form 990 for Kid-Start Inc?

Kid-Start Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kidstart.com

Learn more at the official website: www.kidstart.com

Mission Statement of Kid-Start Inc

Kid-Start Inc, a nonprofit organization, is dedicated to providing comprehensive support for child care providers. Its mission encompasses two primary areas: firstly, it offers administrative, managerial, educational, and logistical assistance to in-home child care providers. This aspect of its work aims to empower and equip these providers with the necessary tools to deliver high-quality care in their own homes.

Secondly, Kid-Start Inc extends its services to center-based child care. This aspect of its mission involves operating daycare centers, specifically referred to as Family Day Care and Child Care On Site Daycare. By serving a total of 450 clients, Kid-Start Inc plays a vital role in ensuring that children in these care settings receive nurturing and supportive environments. The organization's mission is thus geared towards enhancing the quality of child care provision, supporting both in-home and center-based providers, and ultimately benefiting the children in their care.

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Impact




October, 2024

Kid-Start Inc positively impacts the community by offering comprehensive support to child care providers and families in Lawrence, MA. By providing administrative, managerial, educational, and logistical assistance to in-home child care providers, Kid-Start Inc enhances the quality of care available to children. Additionally, their center-based child care services, which include Family Day Care and On Site Daycare, cater to the needs of families, ensuring that children receive nurturing and educational experiences.

With a reach of 450 clients, Kid-Start Inc plays a crucial role in strengthening the local child care landscape. Their mission fosters better outcomes for children, supports families, and empowers child care providers, ultimately contributing to a healthier and more engaged community.




This information is meant to be a general summary of Kid-Start 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
$4,692,014 (2022)
Expenses
$4,175,306 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34,744
  • Program Service Revenue: $3,653,069
  • Gross Receipts: $4,761,286

Assets and Liabilities:

  • Total Assets: $2,700,456
  • Total Liabilities: $590,372
  • Net Assets: $2,110,084

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Programs

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

Child Care Program

Revenue

$3,653,069

Organization Details

Founding Year

1984

Principal Officer

Tamara Holder

Main Address

444 Canal Street PO Box 747, Lawrence, MA, 01840

NTEE Category

Code: P33 - Human services

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