Overview
What is A Precious Child Inc?
A Precious Child Inc, based in Broomfield, Colorado, is a compassionate nonprofit organization that supports children and their families facing poverty or emergency situations. Their mission is to empower these children to reach their full potential by providing essential items such as clothing, coats, shoes, food, toiletries, home goods, and other necessities. Through their main resource center and 50 satellite locations across the Denver metro area, they distributed approximately $9.5 million worth of essentials to over 23,603 local residents in need during 2022. With a dedicated team of 76 employees, A Precious Child continues to make a significant impact on the lives of children in their community.
Official website here: www.apreciouschild.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Stars)
A Precious Child Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial transparency. The organization excels in leadership and adaptability, achieving a perfect score in these areas, which indicates a robust governance framework and an effective response to changing conditions. Its independent board consists entirely of independent members, further emphasizing its commitment to sound management practices.
The charity's financial performance is commendable, with a high program expense ratio of 91.44%, ensuring that a significant portion of its funds is directed towards its mission. While the fundraising efficiency ratio is lower, this aspect does not detract significantly from the overall financial health of the organization. Additionally, the organization has effective feedback collection and usage strategies, demonstrating its responsiveness to stakeholders.
However, there is a slight concern regarding the fundraising efficiency, which may indicate potential room for improvement in how funds are raised. Despite this, A Precious Child Inc's strong ethical practices, high scores in various categories, and commitment to equity strategies position it as a reputable nonprofit making a meaningful impact in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about A Precious Child Inc?
96% of 72 reviewers on Facebook recommend A Precious Child Inc. Here is a summary of their reviews:
Many users express deep gratitude for the support they have received from this organization, emphasizing how it has positively impacted their lives. One reviewer highlighted how beneficial it has been for a low-income single parent raising a child with disabilities, sharing that the nonprofit has provided essential clothing for their growing son. This sentiment of appreciation hints at the nonprofit's crucial role in alleviating some of the burdens faced by families in need.
Overall, the sentiment is overwhelmingly positive, with individuals feeling that A Precious Child Inc truly delivers on its promise to provide vital resources and support for families. The organization appears to be a significant lifeline for those facing financial hardships, making a meaningful difference in the community.
This AI summary has been generated from reviews found on Facebook.
Is A Precious Child Inc legitimate?
A Precious Child Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Precious Child 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: $226,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,450,141
For more financial information, click here
Official website here: www.apreciouschild.org
What is the mission statement of A Precious Child Inc?
A Precious Child Inc is a non-profit organization dedicated to empowering children in need to reach their full potential. Through their mission, they provide children and their families with essential resources and opportunities to help them overcome poverty and emergency situations. Their efforts include distributing clothing, coats, shoes, food, toiletries, home goods, and other necessities, reaching over 23,603 local residents in need in 2022, with a value of nearly $9.5 million in essentials distributed. By addressing the basic needs of children, A Precious Child aims to foster their growth and development, enabling them to thrive and overcome adversity.
Official website here: www.apreciouschild.org
Who is the CEO of A Precious Child Inc?
Eric Gleason is the Ceo & Founder of A Precious Child Inc. The CEO's salary of A Precious Child Inc is $132,689 and their total compensation is $132,689.
Official website here: www.apreciouschild.org
What is the revenue of A Precious Child Inc?
A Precious Child Inc's revenue in 2022 was $20,220,252.
Official website here: www.apreciouschild.org
Who are the executives of A Precious Child Inc and what are their salaries?
The average compensation at A Precious Child Inc during 2022 was $35,220. There are 76 employees and 5012 volunteers at A Precious Child Inc.
Here are 15 key members and their salaries (A Precious Child Inc's CEO's salary is $132,689 and their total compensation is $132,689):
- Compensation: $132,689
- Related: $0
- Other: $0
- Compensation: $104,962
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- Other: $0
- Compensation: $92,234
- Related: $0
- Other: $1,646
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Official website here: www.apreciouschild.org
Where can I find the form 990 for A Precious Child Inc?
A Precious Child Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apreciouschild.org
Learn more at the official website: www.apreciouschild.org
Mission Statement of A Precious Child Inc
A Precious Child Inc, a nonprofit organization, strives to empower children in need to reach their full potential by providing them with essential opportunities and resources. The mission of A Precious Child is geared towards enriching the lives of young individuals and their families, who are struggling with poverty or emergency situations.
Through their main resource center and 50 satellite locations across the Denver metro area, A Precious Child offers a range of essentials including clothing, coats, shoes, food, toileries, home goods, and other necessities. The organization values the worth of each child and aims to uplift them by alleviating some of the burdens that come with facing adversity. In the year 2022, A Precious Child distributed a remarkable value of nearly $9.5 million in essentials to over 23,603 local residents in need. This impactful work not only addresses immediate needs but also fosters a foundation for a brighter future for these children and their families.
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Impact
October, 2024
A Precious Child Inc. significantly impacts the lives of children and families struggling with poverty and emergencies. By providing essential resources, such as clothing, coats, shoes, food, toiletries, and home goods, it helps ensure that children have their basic needs met. In 2022 alone, this initiative delivered nearly $9.5 million worth of essentials to over 23,603 individuals in the Denver metro area, making a profound difference in the community. Through its main resource center and 50 satellite locations, A Precious Child empowers children to thrive despite challenging circumstances, enabling them to pursue their goals and reach their full potential.
This information is meant to be a general summary of A Precious Child 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.
- Investment Income: $10,970
- Gross Receipts: $20,626,541
Assets and Liabilities:
- Total Assets: $12,860,285
- Total Liabilities: $4,753,473
- Net Assets: $8,106,812
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Organization Details
Founding Year
2008
Phone
(303) 466-4272Principal Officer
Eric Gleason
Main Address
7051 W 118th Avenue, Broomfield, CO, 80020
Website
www.apreciouschild.orgNTEE Category
Code: P30 - Human services
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