Overview
What is Academy For Early Learning?
The Academy for Early Learning is a nonprofit organization that focuses on offering education and childcare services in a secure environment. Situated as a federally-sponsored facility, it caters to infants as young as eight weeks. The organization's main objective is to create a nurturing atmosphere for the enrolled children, ensuring their overall development during their formative years. The Academy for Early Learning serves as a vital resource for families, prioritizing the well-being and growth of their youngest members.
Official website here: www.aelchildcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Academy For Early Learning has achieved an overall score of 84%, which reflects a solid level of accountability and financial health. The organization benefits from a fully independent board and demonstrates strong oversight through an effective audit committee. Their program expense ratio is impressively high at 74.92%, indicating that a significant portion of their funds is directed towards their mission-related activities.
However, there are areas for improvement, particularly with governance policies. The organization is noted to be missing key policies such as a conflict of interest policy and a whistleblower policy, which could enhance transparency and trust. Despite these gaps, they maintain a low liabilities to assets ratio of 31.57%, suggesting that they are managing their financial obligations effectively.
Overall, while the Academy For Early Learning shows strong operational metrics and a dedication to their mission, addressing the missing governance policies could further strengthen their accountability and enhance stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Academy For Early Learning legitimate?
Academy For Early Learning is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy For Early Learning 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: $134,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $579,617
For more financial information, click here
Official website here: www.aelchildcare.org
What is the mission statement of Academy For Early Learning?
The Academy for Early Learning, as part of its mission, offers education and childcare services in a secure setting for all enrolled children. The federally-backed childcare facility accepts infants starting from eight weeks old. Its key objective is to deliver a nurturing experience for young children, focusing on their overall development. The academy strives to create a conducive environment that fosters learning and growth, ensuring that each child receives the care they need during their formative years.
Official website here: www.aelchildcare.org
Who is the CEO of Academy For Early Learning?
Jane Munn is the Executive Director of Academy For Early Learning.
Official website here: www.aelchildcare.org
What is the revenue of Academy For Early Learning?
Academy For Early Learning's revenue in 2022 was $826,321.
Official website here: www.aelchildcare.org
Who are the executives of Academy For Early Learning and what are their salaries?
The average compensation at Academy For Early Learning during 2022 was $35,708. There are 20 employees at Academy For Early Learning.
Here are 9 key members and their salaries:
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- Compensation: $32,970
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- Compensation: $73,452
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Official website here: www.aelchildcare.org
Where can I find the form 990 for Academy For Early Learning?
Academy For Early Learning's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aelchildcare.org
Learn more at the official website: www.aelchildcare.org
Mission Statement of Academy For Early Learning
Academy For Early Learning is dedicated to offering education and childcare services in a secure environment for all enrolled children. As a federally-sponsored childcare facility, it accepts infants as young as eight weeks and prioritizes providing a nurturing experience. The organization's primary focus is to ensure the well-being of young children during their formative years. By offering a safe and supportive environment, Academy For Early Learning aims to contribute positively to the children's development and growth.
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Impact
October, 2024
Academy For Early Learning significantly enhances the developmental and educational journey of young children in Philadelphia. By providing a nurturing and safe environment for infants from 8 weeks of age, the Academy ensures that each child receives quality education and childcare services. This foundational support not only fosters early growth but also prepares children for future academic success. The Academy’s commitment to creating a caring atmosphere helps build essential social, emotional, and cognitive skills that are vital during the crucial early years. Ultimately, Academy For Early Learning plays a pivotal role in laying the groundwork for lifelong learning and development in the community.
This information is meant to be a general summary of Academy For Early Learning. 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: $291
- Program Service Revenue: $741,721
- Gross Receipts: $826,321
Assets and Liabilities:
- Total Assets: $262,526
- Total Liabilities: $82,889
- Net Assets: $179,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$589,225
Subsidized day care
Revenue
$116,563
Other program income
Revenue
$35,933
Organization Details
Founding Year
1985
Phone
(215) 381-3061Principal Officer
Jane Munn
Main Address
5000 WISSAHICKON AVENUE, PHILADELPHIA, PA, 191444867
Website
www.aelchildcare.orgNTEE Category
Code: P33 - Human services
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