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Enrichthekids Inc

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

EIN: 262910695 ✦ Las cruces, NM ✦ Designated as a 501(c)(3)

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Overview

What is Enrichthekids Inc?

Enrichthekids Inc, situated in Las Cruces, New Mexico, is a nonprofit organization committed to offering enriching after-school programs for children. The organization, which employs 27 individuals, provides a variety of mentally and physically stimulating classes. These activities include homework help, tutoring, mentoring, and supervised play, all aiming to support the academic and personal growth of the children. The organization's programs are funded through parent contributions, community support, and grants. The mission of Enrichthekids Inc is to make these enriching opportunities accessible and affordable within the schools, ensuring a well-rounded educational experience for the children they serve.


Official website here: www.enrichthekids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Stars

Enrichthekids Inc has received a rating of 56%, indicating significant areas for improvement in accountability and financial transparency. The organization faces challenges related to board governance, with no independent board members and a lack of key policies, such as conflict of interest and whistleblower policies. These factors have contributed to its low overall score, which raises concerns about the effectiveness of its governance practices.

Despite these shortcomings, Enrichthekids demonstrates a strong commitment to its programs, evidenced by a program expense ratio of 96.98%. This indicates that nearly all of its resources are dedicated to its mission, which is a positive aspect of its operational focus. Additionally, the organization has a solid liabilities to assets ratio, suggesting it is managing its financial obligations effectively.

However, the lack of proper governance structures and policies can undermine donor confidence and the nonprofit's long-term sustainability. Improved oversight and transparency measures are essential for Enrichthekids Inc to enhance its rating and build trust with supporters and stakeholders.


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

Is Enrichthekids Inc legitimate?

Enrichthekids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Enrichthekids 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: $51,137
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,046

For more financial information, click here


Official website here: www.enrichthekids.org

What is the mission statement of Enrichthekids Inc?

Enrichthekids Inc is committed to providing affordable and enriching after-school care within educational institutions. Their mission is to offer a diverse range of mentally and physically engaging activities for children, including snack services, homework help, tutoring, mentoring, and supervised play. Funding for these activities comes from various sources, including parental contributions, community support, and grants. Enrichthekids Inc strives to enhance the educational experience of children outside of school hours, fostering their growth and development in a nurturing environment.


Official website here: www.enrichthekids.org

Who is the CEO of Enrichthekids Inc?

Angelique M Montes is the President of Enrichthekids Inc.


Official website here: www.enrichthekids.org

What is the revenue of Enrichthekids Inc?

Enrichthekids Inc's revenue in 2022 was $572,593.


Official website here: www.enrichthekids.org

Who are the executives of Enrichthekids Inc and what are their salaries?

The average compensation at Enrichthekids Inc during 2022 was $10,636. There are 27 employees at Enrichthekids Inc.


Here are 4 key members and their salaries:


Angelique M Montes (President)
  • Compensation: $46,337
  • Related: $0
  • Other: $0
Miguel Montes (Vice-Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Barber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Holiday (Treasurer)
  • Compensation: $4,800
  • Related: $0
  • Other: $0


Official website here: www.enrichthekids.org

Where can I find the form 990 for Enrichthekids Inc?

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


Official website here: www.enrichthekids.org

Learn more at the official website: www.enrichthekids.org

Mission Statement of Enrichthekids Inc

Enrichthekids Inc, a nonprofit organization, is committed to providing an enriching and affordable after-school care service within schools. Its mission is to offer a diverse range of mentally and physically engaging classes for children, promoting their overall development. The dedicated employees of Enrichthekids Inc go beyond the classroom, serving nutritious snacks and offering assistance with homework, tutoring, mentoring, and supervised play. By doing so, they contribute to the holistic growth of the children, ensuring they return home satisfied and intellectually stimulated. The organization's activities are made possible through parental, community, and grant funding, demonstrating its commitment to fostering a supportive environment for children after school hours.

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Impact




July, 2024

Enrichthekids Inc's impact lies in providing affordable, enriching after-school care within the schools in Las Cruces, NM. By offering a variety of interesting mentally and physically challenging classes, as well as services such as snacks, homework help, tutoring, mentoring, and supervised play, the organization supports children's development and well-being. This not only benefits the children directly but also aids parents who rely on these services, creating a positive impact on the community as a whole. Enrichthekids Inc's dedication to their mission of providing affordable after-school care contributes to the overall welfare of families and enriches the educational experiences of the children they serve.




This information is meant to be a general summary of Enrichthekids 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
$572,593 (2022)
Expenses
$532,219 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $211
  • Program Service Revenue: $240,406
  • Gross Receipts: $572,593

Assets and Liabilities:

  • Total Assets: $377,375
  • Total Liabilities: $6,372
  • Net Assets: $371,003

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Programs

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

PROGRAM SERVICE INCOME

Revenue

$240,406

Organization Details

Founding Year

2008

Principal Officer

Angelique M Montes

Main Address

2704 SANDIGALE DRIVE, LAS CRUCES, NM, 88011

NTEE Category

Code: P33 - Human services

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