Overview
What is King Street Center Inc?
King Street Center Inc is a reputable nonprofit organization situated in Burlington, Vermont. With a focus on early education, they operate a highly-rated "Vermont Five-Star" preschool program, catering to children between the ages of eighteen months and five years. Their play-based curriculum encourages growth in various areas, such as literacy, creative arts, math and science, physical health, language development, social and emotional growth, and approaches to learning. The organization's mission is to provide a conducive environment where children can gain opportunities through learning, play, and community engagement. With a dedicated workforce of 48 individuals, King Street Center Inc is committed to fostering the holistic development of young learners.
Official website here: www.kingstreetcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
King Street Center Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The rating is based entirely on a single beacon score, highlighting the organization's commitment to transparency and responsible financial management. With an Accountability & Finance score of 96%, it demonstrates effective oversight and a solid financial foundation.
Strengths of King Street Center include a fully independent board of directors, which ensures impartial governance and decision-making. The organization has a strong financial framework, as evidenced by a low liabilities to assets ratio of 1.26% and a program expense ratio of nearly 78%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further enhances its credibility.
While the organization has many strengths, the assessment does not provide insights into the specific programs and services offered, nor the impact of its work on the community it serves. Overall, King Street Center Inc stands out for its excellent governance and financial integrity, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is King Street Center Inc legitimate?
King Street Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. King Street 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: $119,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,217,209
For more financial information, click here
Official website here: www.kingstreetcenter.org
What is the mission statement of King Street Center Inc?
The King Street Center Inc's mission is to establish an environment that encourages children's growth and opportunities. This is accomplished through a combination of learning and play, fostering development in various areas such as literacy, creative arts, math, science, physical health, language development, social and emotional growth, and approaches to learning. In simple terms, the organization strives to create a space where children can meet and seize opportunities through their educational experiences and play activities.
Official website here: www.kingstreetcenter.org
What is the revenue of King Street Center Inc?
King Street Center Inc's revenue in 2024 was $2,633,390.
Official website here: www.kingstreetcenter.org
Who are the executives of King Street Center Inc and what are their salaries?
The average compensation at King Street Center Inc during 2024 was $25,712. There are 52 employees and 176 volunteers at King Street Center Inc.
Here are 13 key members and their salaries:
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Official website here: www.kingstreetcenter.org
Where can I find the form 990 for King Street Center Inc?
King Street Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kingstreetcenter.org
Learn more at the official website: www.kingstreetcenter.org
Mission Statement of King Street Center Inc
King Street Center Inc, a renowned organization, is committed to establishing a conducive environment where children can encounter opportunities for learning and growth. Their mission, in essence, is to develop a space that encourages children between eighteen months and five years old to explore and thrive through education and play. The center's approach to learning is play-based, focusing on nurturing various aspects of a child's development, such as literacy, creative arts, math, and science. Additionally, they emphasize physical health, language development, social and emotional growth, and approaches to learning, ensuring a holistic and well-rounded educational experience.
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Impact
October, 2024
King Street Center Inc significantly impacts the Burlington community by providing a nurturing environment where children can thrive. Through its Vermont Five-Star preschool program, it supports the early education of children aged eighteen months to five years, fostering key developmental areas such as literacy, creative arts, math and science, physical health, language skills, and social-emotional growth.
The center emphasizes a play-based learning approach, allowing children to engage actively with their surroundings, build critical thinking skills, and develop a love for learning. By creating opportunities for learning and community engagement, King Street Center Inc not only enhances individual child development but also strengthens the fabric of the community, ensuring that all children have access to the resources they need to succeed.
This information is meant to be a general summary of King Street 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 2024.
- Investment Income: $80,028
- Program Service Revenue: $1,183,233
- Gross Receipts: $4,591,759
Assets and Liabilities:
- Total Assets: $8,477,572
- Total Liabilities: $49,692
- Net Assets: $8,427,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & SUBSIDIES
Revenue
$1,055,738
OTHER PROGRAM SERVICE REV.
Revenue
$127,495
Organization Details
Founding Year
1972
Principal Officer
Shabnam Nolan
Website
www.kingstreetcenter.orgNTEE Category
Code: P36Z - Human services
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