Overview
What is Methodist Early Learning Center Inc?
Methodist Early Learning Center Inc is a nonprofit organization situated in Morehead City, North Carolina, specifically at 900 Arendell Street. Their primary mission is to offer top-notch child care and enriching, educational experiences for children within a secure, nurturing, and Christian environment. With a team of 10 dedicated individuals, they strive to create a conducive atmosphere that fosters growth and learning, ensuring the well-being of each child under their care.
Official website here: www.firstmethodist.life/preschool
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Methodist Early Learning Center Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance with a score of 83%. The organization demonstrates a commendable commitment to governance, as evidenced by its fully independent board of directors and a high program expense ratio of 95.71%, indicating that most of its funds are directed towards its programs rather than administrative costs.
However, there are notable areas for improvement. The organization lacks a whistleblower policy and does not have a documented retention and destruction policy, which are essential components of good governance practices. While the center shows strong financial health with a low liabilities-to-assets ratio of 0.33%, addressing the missing policies could enhance transparency and accountability further.
Overall, while Methodist Early Learning Center Inc showcases solid financial management and a competent board structure, filling in the gaps in governance policies would bolster its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Early Learning Center Inc legitimate?
Methodist Early Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Early 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,824
For more financial information, click here
Official website here: www.firstmethodist.life/preschool
What is the mission statement of Methodist Early Learning Center Inc?
Methodist Early Learning Center Inc's mission is centered around providing top-notch child care and offering meaningful early learning experiences in a secure, nurturing, and Christian environment. The organization is committed to ensuring the well-being and growth of children by creating an environment that encourages learning and development. Their aim is to foster a sense of safety and nourishment, while also incorporating Christian values into the learning experience.
Official website here: www.firstmethodist.life/preschool
Who is the CEO of Methodist Early Learning Center Inc?
Abbey Townsend is the Chair of Methodist Early Learning Center Inc.
Official website here: www.firstmethodist.life/preschool
What is the revenue of Methodist Early Learning Center Inc?
Methodist Early Learning Center Inc's revenue in 2022 was $487,802.
Official website here: www.firstmethodist.life/preschool
Who are the executives of Methodist Early Learning Center Inc and what are their salaries?
The average compensation at Methodist Early Learning Center Inc during 2022 was $25,782. There are 10 employees and 10 volunteers at Methodist Early Learning Center Inc.
Here are 7 key members and their salaries:
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Official website here: www.firstmethodist.life/preschool
Where can I find the form 990 for Methodist Early Learning Center Inc?
Methodist Early Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.firstmethodist.life/preschool
Learn more at the official website: www.firstmethodist.life/preschool
Mission Statement of Methodist Early Learning Center Inc
Methodist Early Learning Center Inc is dedicated to providing top-notch child care and offering enriching, meaningful early learning experiences in a secure, nurturing, and faith-based environment. Their mission is to ensure that children receive the best possible care, fostering their growth and development through age-appropriate activities and a safe and supportive atmosphere. By incorporating Christian values into their daily operations, Methodist Early Learning Center Inc aims to create a holistic environment that nurtures each child's physical, emotional, and spiritual well-being.
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Impact
July, 2024
The impact of Methodist Early Learning Center Inc is significant in providing high-quality child care and appropriate early learning experiences within a safe, nurturing, Christian environment. By offering a caring setting for children to grow and learn, the center contributes to the development and well-being of the young ones in Morehead City, NC. The center's mission to provide quality child care and meaningful learning experiences underscores its dedication to nurturing the next generation in a supportive Christian atmosphere. Through its commitment to human services, Methodist Early Learning Center Inc positively impacts the lives of both children and families in the community.
This information is meant to be a general summary of Methodist Early 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 2022.
- Program Service Revenue: $340,506
- Gross Receipts: $487,802
Assets and Liabilities:
- Total Assets: $371,170
- Total Liabilities: $0
- Net Assets: $371,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEARNING CENTER INCOME
Revenue
$340,506
Organization Details
Founding Year
2008
Phone
(252) 726-0651Principal Officer
Abbey Townsend
Main Address
900 ARENDELL STREET, MOREHEAD CITY, NC, 28557
NTEE Category
Code: P33 - Human services
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