Overview
What is Young Horizons?
Young Horizons is a nonprofit organization situated in Long Beach, California. With a focus on serving low-income families, it operates several affordable preschool and childcare facilities across the city. Young Horizons is dedicated to providing a nurturing, educational environment for children, offering both full-day and part-time preschool sessions through its California state preschool program. The organization caters to approximately 300 children annually at five distinct locations. Additionally, it operates a California state childcare program, providing full-time care for around 76 infants and toddlers at two facilities. With a total of 87 employees, Young Horizons is committed to making a positive impact on the lives of young children in Long Beach.
Official website here: www.younghorizons.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% - Three-Star out of Four Star rating
Young Horizons has achieved a commendable Three-Star rating from Charity Navigator, primarily due to its strong performance in accountability and finance. The organization scores highly across various metrics, including 100% independent board members and effective oversight of financial statements. With a program expense ratio of 90.35%, it demonstrates a commitment to directing funds towards its initiatives, which is a positive indicator for potential donors.
The organization shows robust governance practices, including policies for conflict of interest and whistleblowing, which enhance its accountability. The presence of an audit and oversight committee reflects a structured approach to financial management. However, there is a note of concern regarding its liabilities to assets ratio, which scored significantly lower at 0 out of 15 points. This may suggest potential financial vulnerabilities that could impact its operational stability.
Overall, Young Horizons is characterized by strong financial accountability and governance, making it a reliable choice for support. However, potential donors should consider the organization's financial liabilities in their decision-making process, as this could influence its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Young Horizons legitimate?
Young Horizons is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Horizons 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: $121,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,990,624
For more financial information, click here
Official website here: www.younghorizons.org
What is the mission statement of Young Horizons?
Young Horizons, an organization dedicated to early childhood education, aims to offer high-quality child care and pre-school programs to families of limited financial means. They operate in a nurturing, educational environment that fosters learning and growth. Specifically, Young Horizons runs a California state preschool program, providing full-day and part-day sessions to around 300 children annually across several facilities. Additionally, they provide full-time childcare for approximately 76 infants and toddlers through their California state child care program at two different locations.
Official website here: www.younghorizons.org
Who is the CEO of Young Horizons?
Sarah M Soriano is the Executive Dir. of Young Horizons.
Official website here: www.younghorizons.org
What is the revenue of Young Horizons?
Young Horizons's revenue in 2022 was $4,975,388.
Official website here: www.younghorizons.org
Who are the executives of Young Horizons and what are their salaries?
The average compensation at Young Horizons during 2022 was $35,769. There are 87 employees at Young Horizons.
Here are 12 key members and their salaries:
- Compensation: $101,883
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- Other: $14,921
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Official website here: www.younghorizons.org
Where can I find the form 990 for Young Horizons?
Young Horizons's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.younghorizons.org
Learn more at the official website: www.younghorizons.org
Mission Statement of Young Horizons
Young Horizons, as a nonprofit organization, is dedicated to providing high-quality child care and state-preschool programs to families of modest means in a nurturing, educational environment. Their mission is to create a caring, loving atmosphere where children from low-income backgrounds can develop and learn, offering both full-day and half-day preschool sessions through their California state preschool program. Additionally, Young Horizons operates a California state child care program, catering to the full-time needs of around 76 infants and toddlers annually. The organization's commitment is to provide these young learners with a strong foundation, setting them up for success in their future academic and personal endeavors.
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Impact
October, 2024
Young Horizons significantly impacts the community by providing quality child care and state preschool programs specifically designed for low-income families in Long Beach, California. By operating five facilities, it ensures that approximately 300 children have access to essential preschool education and developmental support every year.
The organization offers both full-day and two-part day preschool sessions, allowing parents greater flexibility while ensuring their children receive a solid educational foundation in a nurturing environment. Additionally, Young Horizons addresses the needs of infants and toddlers by providing full-time childcare for around 76 children annually at two dedicated facilities.
This comprehensive approach not only supports the early learning and developmental needs of children but also empowers families by enabling parents to pursue employment or education, knowing that their children are in a caring and enriching setting. Overall, Young Horizons plays a crucial role in fostering a brighter future for children in low-income families and positively influencing the Long Beach community.
This information is meant to be a general summary of Young Horizons. 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: $1,592
- Gross Receipts: $4,981,088
Assets and Liabilities:
- Total Assets: $3,143,385
- Total Liabilities: $2,303,599
- Net Assets: $839,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Organization Details
Founding Year
1969
Phone
(562) 437-8991Principal Officer
Sarah M Soriano
Main Address
501 ATLANTIC AVE, LONG BEACH, CA, 90802
Website
www.younghorizons.orgNTEE Category
Code: P330 - Human services
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