Overview
What is Young Achievers Learning Center Inc?
Young Achievers Learning Center Inc, situated in Philadelphia, Pennsylvania, is a dedicated nonprofit organization. Its primary mission is to offer before and after school day care services and summer camps for families in need, specifically for low-income and at-risk families. Their activities are centered around providing a supportive environment during and outside of school hours, ensuring the well-being of children from these families. With a workforce of 48 dedicated individuals, the center aims to contribute positively to the lives of these families by providing them with essential care during their busy working days.
Official website here: www.yalcpa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.
The Young Achievers Learning Center Inc has received a low rating primarily due to concerns about its accountability and financial transparency. With a score of just 41%, the organization falls short in multiple areas, including the lack of independent board members and missing financial statements. This raises questions about governance and oversight, which are critical for maintaining trust with donors and stakeholders.
While the organization does have some positive elements, such as a whistleblower policy and documented board meeting minutes, these strengths are overshadowed by significant deficiencies. The absence of a conflict of interest policy and the failure to post necessary financial documents on their website contribute to the overall low score. Additionally, the program expense ratio indicates that a relatively small portion of funds is directed towards programmatic activities compared to overall spending.
Potential donors and supporters should consider these factors carefully. The significant gaps in accountability and governance practices may affect the organization's effectiveness and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Young Achievers Learning Center Inc legitimate?
Young Achievers Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Achievers 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: $220,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $490,940
For more financial information, click here
Official website here: www.yalcpa.org
What is the mission statement of Young Achievers Learning Center Inc?
The Young Achievers Learning Center Inc is committed to providing essential before and after school, as well as summer camp day care services for families in need. Their mission is to cater to working parents with children in elementary schools, particularly those from low-income families and at-risk situations. The center aims to offer a supportive environment where these families can rely on quality day care services during their work hours. By doing so, the Young Achievers Learning Center Inc plays a significant role in ensuring the well-being and education of children from disadvantaged backgrounds. Additionally, the center may also provide summer camp programs, allowing children to enjoy recreational activities and learning experiences during their vacation time.
Official website here: www.yalcpa.org
Who is the CEO of Young Achievers Learning Center Inc?
Beth Mcdevitt is the Treasurer of Young Achievers Learning Center Inc.
Official website here: www.yalcpa.org
What is the revenue of Young Achievers Learning Center Inc?
Young Achievers Learning Center Inc's revenue in 2023 was $1,245,290.
Official website here: www.yalcpa.org
Who are the executives of Young Achievers Learning Center Inc and what are their salaries?
The average compensation at Young Achievers Learning Center Inc during 2023 was $14,811. There are 48 employees at Young Achievers Learning Center Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.yalcpa.org
Where can I find the form 990 for Young Achievers Learning Center Inc?
Young Achievers Learning Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.yalcpa.org
Learn more at the official website: www.yalcpa.org
Mission Statement of Young Achievers Learning Center Inc
Young Achievers Learning Center Inc is committed to providing essential day care services for families in need. Specifically, they offer before and after school care, as well as summer camp programs, catering to working parents with children enrolled in elementary schools. This nonprofit organization is particularly dedicated to assisting low-income families and those considered at risk. By offering these services, Young Achievers Learning Center Inc aims to provide a supportive environment for children, allowing their parents to maintain their employment and ensure a stable living situation for their families.
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Impact
October, 2024
Young Achievers Learning Center Inc significantly impacts the Philadelphia community by providing essential before and after school care, as well as summer camp programs, specifically designed for low-income and at-risk families. By offering these services, they enable working parents to pursue their careers with the assurance that their children are in a safe, supportive environment that fosters learning and personal growth.
The center addresses a crucial need for affordable childcare, which is often a barrier for families striving for stability and success. Through its programs, Young Achievers Learning Center not only helps reduce stress for parents but also enhances the educational experiences of children by providing them with structured activities and support outside of regular school hours. This holistic approach contributes to the overall well-being and development of young learners, paving the way for brighter futures.
This information is meant to be a general summary of Young Achievers 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.
- Investment Income: $5,340
- Program Service Revenue: $1,229,630
- Gross Receipts: $1,245,290
Assets and Liabilities:
- Total Assets: $1,447,850
- Total Liabilities: $8,303
- Net Assets: $1,439,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHMC
Revenue
$791,992
ELRC
Revenue
$196,942
TUITION
Revenue
$129,158
CCIS
Revenue
$111,538
Organization Details
Founding Year
2000
Principal Officer
Beth Mcdevitt
Main Address
6409 ARGYLE STREET, PHILADELPHIA, PA, 19111
Website
www.yalcpa.orgNTEE Category
Code: B90 - Education
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