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The Learning Tree Inc

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

EIN: 237087042 ✦ Walkersville, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Learning Tree Inc?

The Learning Tree Inc, located in Walkersville, Maryland, is a dedicated child daycare center. Their primary objective is to offer daycare services, ensuring the well-being and care of young children in the community. The center's mission encompasses providing a nurturing environment that supports the growth and development of children in their early years. The Learning Tree Inc is committed to contributing positively to the lives of families by offering reliable daycare services.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)

The Learning Tree Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With an overall score of 87%, the organization demonstrates strong governance practices, including a fully independent board and effective management of assets. The high scores in various metrics, such as the liabilities to assets ratio and program expense ratio, reflect fiscal responsibility and a commitment to utilizing resources effectively.

Strengths of The Learning Tree Inc include perfect scores in key areas such as board independence and conflict of interest policies, underscoring the organization's dedication to transparency and ethical practices. Additionally, the organization has shown a proactive approach to document management, which fosters trust and reliability among stakeholders.

While the organization exhibits many strengths, the overall Three-Star rating suggests there may be areas for improvement to reach the highest levels of transparency and operational efficiency. Continued efforts to enhance program outcomes and stakeholder engagement could further elevate its standing in the nonprofit sector.


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

Is The Learning Tree Inc legitimate?

The Learning Tree Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Tree 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: $52,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,734

For more financial information, click here

What is the mission statement of The Learning Tree Inc?

The Learning Tree Inc, as a child daycare center, is committed to delivering day care services. Their mission is geared towards providing a nurturing environment for children, ensuring their well-being and development during the day. The organization's primary goal is to offer reliable day care services, thereby supporting working parents and contributing to the overall growth and development of young children.

Who is the CEO of The Learning Tree Inc?

Alfred Opack is the President of The Learning Tree Inc.

What is the revenue of The Learning Tree Inc?

The Learning Tree Inc's revenue in 2022 was $505,689.

Who are the executives of The Learning Tree Inc and what are their salaries?

The average compensation at The Learning Tree Inc during 2022 was $21,056. There are 13 employees and 5 volunteers at The Learning Tree Inc.


Here are 4 key members and their salaries:


David Winant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Smothers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Morris-Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Opack (Executive Dir)
  • Compensation: $52,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Learning Tree Inc?

The Learning Tree Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Learning Tree Inc

The Learning Tree Inc, a child daycare center, is committed to fulfilling its mission by offering day care services. This mission is centered around providing a nurturing environment and care for children, ensuring their overall development and well-being. By offering day care services, The Learning Tree Inc aims to support parents and guardians who require adequate childcare, allowing them to focus on their personal and professional duties. The daycare center's mission is to play a vital role in the growth and development of young minds, fostering their curiosity, creativity, and social skills. The Learning Tree Inc's commitment to day care services reflects its dedication to the well-being and development of children, ultimately contributing to a stronger and more supportive community.

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Impact




July, 2024

The Learning Tree Inc positively impacts the community by providing essential day care services in Walkersville, MD. This organization plays a crucial role in supporting working families by offering a safe and nurturing environment for children while their parents are at work. By fulfilling its mission to provide day care services, The Learning Tree Inc contributes to the well-being and development of children, as well as the overall stability of families in the area. Its work in this field falls under the category of human services, highlighting its dedication to supporting the community's needs in a meaningful way.




This information is meant to be a general summary of The Learning Tree 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
$505,689 (2022)
Expenses
$388,259 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $328,115
  • Gross Receipts: $505,689

Assets and Liabilities:

  • Total Assets: $201,961
  • Total Liabilities: $28,179
  • Net Assets: $173,782

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Programs

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

CHILD CARE SVS & FEES

Revenue

$328,115

Organization Details

Founding Year

1970

Principal Officer

Alfred Opack

Main Address

PO BOX 663, WALKERSVILLE, MD, 21793

NTEE Category

Code: P33Z - Human services

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