Overview
What is L&M Christian Daycare Learning Center Inc?
L&M Christian Daycare Learning Center Inc is a publicly supported, faith-based early childhood education facility located in Texas. Their primary mission is to assist in the education of children from economically challenged families, ensuring a high-quality learning environment that prioritizes safety and is grounded in Christian values. With a team of well-trained staff, they strive to provide a nurturing atmosphere where children can thrive, embodying the philosophy of "Children First." As a Texas Rising Star Center, L&M Christian Daycare Learning Center Inc is committed to upholding the highest standards of early childhood education. The organization, led by Larry B Kiel Sr, employs 49 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
L&M Christian Daycare Learning Center Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 75%. This rating is based solely on accountability and finance metrics, indicating a strong level of transparency and sound financial practices. The organization has demonstrated excellence in various areas, including a 100% independent board and a perfect record in material diversion of assets, ensuring that funds are directed towards its mission.
The nonprofit's financial health is further highlighted by a liabilities to assets ratio of 0.00%, suggesting it has no debt relative to its assets. Additionally, the organization reports a program expense ratio of 100.00%, which means all funds are used directly for programs rather than administrative costs. These factors showcase the center's commitment to effectively utilizing resources for the benefit of its community.
While the organization appears to excel in its financial management and governance, the summary does not provide detailed insights into its overall program effectiveness or long-term outcomes. Nonetheless, the strong accountability metrics suggest that L&M Christian Daycare Learning Center Inc is a responsible and reliable nonprofit in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is L&M Christian Daycare Learning Center Inc legitimate?
L&M Christian Daycare Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. L&M Christian Daycare 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: $562,180
For more financial information, click here
What is the mission statement of L&M Christian Daycare Learning Center Inc?
L&M Christian Daycare Learning Center Inc is committed to providing quality early childhood education to children from economically challenged families in a safe and nurturing environment. The facility, which is faith-based and publicly supported, prioritizes the well-being and development of its students with the help of well-trained staff. Operating in a Christ-centered atmosphere, L&M Christian Daycare Learning Center Inc's mission is centered around the belief that "Children First," emphasizing the importance of their education and overall well-being. Additionally, the center is recognized as a Texas Rising Star Center, signifying its dedication to excellence in early childhood education.
Who is the CEO of L&M Christian Daycare Learning Center Inc?
Larry B Kiel Sr is the Secretary of L&M Christian Daycare Learning Center Inc.
What is the revenue of L&M Christian Daycare Learning Center Inc?
L&M Christian Daycare Learning Center Inc's revenue in 2022 was $1,160,047.
Who are the executives of L&M Christian Daycare Learning Center Inc and what are their salaries?
The average compensation at L&M Christian Daycare Learning Center Inc during 2022 was $11,473. There are 49 employees at L&M Christian Daycare Learning Center Inc.
Here are 3 key members and their salaries:
- Compensation: $33,100
- Related: $0
- Other: $0
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $17,600
- Related: $0
- Other: $0
Where can I find the form 990 for L&M Christian Daycare Learning Center Inc?
L&M Christian Daycare Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of L&M Christian Daycare Learning Center Inc
L&M Christian Daycare Learning Center, a publicly supported and faith-based early childhood education facility, is dedicated to assisting the education of children from economically challenged families. The organization operates with a mission to provide a high-quality early childhood education in a secure environment, under the supervision of well-trained staff. This is done in a Christ-centered setting, with a strong focus on the well-being and development of each child, encapsulating the motto "Children First." L&M Christian Daycare Learning Center is a Texas Rising Star Center, demonstrating its commitment to providing exceptional early childhood education services.
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Impact
October, 2024
L&M Christian Daycare Learning Center Inc plays a vital role in supporting the educational and developmental needs of children from low-income families in Marshall, TX. By providing a quality early childhood education in a safe and nurturing environment, the center helps bridge the educational gap often faced by economically challenged families.
With a focus on fostering a Christ-centered atmosphere, the facility emphasizes moral and ethical development alongside academic learning, ensuring that children receive holistic support. The well-trained staff are dedicated to creating a welcoming and stimulating environment where each child feels valued and can thrive.
As a Texas Rising Star Center, L&M Christian Daycare demonstrates a commitment to excellence in early childhood education, consistently meeting high standards of quality. By prioritizing children's needs and working closely with families, the center has a lasting impact on the community, empowering the next generation through education and support.
This information is meant to be a general summary of L&M Christian Daycare 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: $1,160,047
- Gross Receipts: $1,160,047
Assets and Liabilities:
- Total Assets: $211,954
- Total Liabilities: $0
- Net Assets: $211,954
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Organization Details
Founding Year
2000
Phone
(903) 927-2717Principal Officer
Larry B Kiel Sr
Main Address
P O Box 1928, Marshall, TX, 75671
NTEE Category
Code: P33 - Human services
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