Overview
What is Kiddie Korner Learning Center Inc?
Kiddie Korner Learning Center Inc is a dedicated nonprofit organization situated within the Greater Newark Municipality. Their primary mission is to offer top-notch early childhood education services to the community. This encompasses various programs, including early childhood education and a nutritional program for children. The organization is committed to providing high-quality educational opportunities that cater to the needs of the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Kiddie Korner Learning Center Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization has several areas needing improvement. While it has a decent overall score of 67%, its lack of financial transparency is a significant concern, as indicated by a score of 0 for financial statements. This raises questions about the organization's accountability and financial practices.
On a positive note, Kiddie Korner has a fully independent board, which is a strong point, and it performs well in its program expense ratio, allocating 74.64% of its budget to programs. This suggests a commitment to its mission and effective use of funds for direct services. The organization also has good management of its liabilities, with a favorable liabilities to assets ratio of 38.31%, indicating financial stability.
However, the absence of critical governance policies, such as conflict of interest and whistleblower policies, along with the lack of a website listed on tax forms, highlights a need for better organizational practices. Addressing these limitations would enhance the nonprofit's credibility and overall effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Kiddie Korner Learning Center Inc legitimate?
Kiddie Korner Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiddie Korner Learning Center 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: $646,885
For more financial information, click here
What is the mission statement of Kiddie Korner Learning Center Inc?
Kiddie Korner Learning Center Inc's mission is centered around delivering high-quality early childhood education services to its community. Specifically, the organization aims to cater to the residents of the Greater Newark Municipality. Their activities encompass offering early childhood education programs and a child nutrition service, ensuring a holistic approach to child development. The center strives to contribute positively to the children's early learning experiences and nurture their growth in a supportive environment.
Who is the CEO of Kiddie Korner Learning Center Inc?
Katherine Hillman is the Exec. Director of Kiddie Korner Learning Center Inc.
What is the revenue of Kiddie Korner Learning Center Inc?
Kiddie Korner Learning Center Inc's revenue in 2023 was $1,081,628.
Who are the executives of Kiddie Korner Learning Center Inc and what are their salaries?
The average compensation at Kiddie Korner Learning Center Inc during 2023 was $34,047. There are 19 employees and 2 volunteers at Kiddie Korner Learning Center Inc.
Here are 4 key members and their salaries:
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $88,150
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kiddie Korner Learning Center Inc?
Kiddie Korner Learning Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kiddie Korner Learning Center Inc
Kiddie Korner Learning Center, a nonprofit organization, is committed to delivering high-quality early childhood education services to the citizens residing in the broader Newark municipality. Their mission is centered around providing an educational environment that caters to the developmental needs of young children. Beyond just education, Kiddie Korner also offers a child nutrition program, ensuring a holistic approach to nurturing the overall well-being of its students.
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Impact
October, 2024
Kiddie Korner Learning Center Inc significantly enriches the lives of children and families in the Greater Newark Municipality by delivering quality early childhood education services. Through its comprehensive programs, it not only focuses on the educational development of young children but also emphasizes the importance of nutrition, contributing to the overall well-being of the community.
By fostering a nurturing and stimulating environment, Kiddie Korner equips children with foundational skills essential for their future academic success. Parents can trust that their children are receiving a strong start, allowing them to participate fully in the workforce and contribute to the local economy.
The center’s commitment to quality education and child nutrition plays a pivotal role in breaking cycles of disadvantage, promoting social equity, and ensuring that children in Newark are given the tools they need to thrive. In doing so, Kiddie Korner not only impacts individual lives but also strengthens the fabric of the community as a whole.
This information is meant to be a general summary of Kiddie Korner Learning Center 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 2023.
- Program Service Revenue: $236,967
- Gross Receipts: $1,081,628
Assets and Liabilities:
- Total Assets: $26,970
- Total Liabilities: $10,333
- Net Assets: $16,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$236,967
Organization Details
Founding Year
1991
Phone
(973) 375-1222Principal Officer
Katherine Hillman
Main Address
317-321 VERONA AVENUE, NEWARK, NJ, 07104
NTEE Category
Code: P33Z - Human services
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