Overview
What is Sumanda Inc A Kid's Place?
Sumanda Inc A Kid's Place, located in LOS ANGELES, CALIFORNIA, is a nonprofit organization with a focus on children's development. Their primary mission is to understand children and help them reach their full potential. They provide a comprehensive range of services, including toddler groups, transition groups for 2-year-olds, preschool classes, extended daycare, and parent education. The organization operates a children's preschool, aiming to contribute positively to the growth and well-being of young minds in the community. Their address is 3315 Corinth Avenue, LOS ANGELES, CA 90066.
Official website here: www.akidsplacela.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Star rating)
Sumanda Inc A Kid's Place has received a low rating of 54%, indicating significant concerns regarding its accountability and financial management. While the organization has a majority of independent board members and a high program expense ratio of 89.54%, which suggests a strong commitment to its mission, it lacks essential financial documentation, resulting in a score of zero for the Financial Statements category.
Additionally, the organization does not have important governance policies in place, such as a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy. These omissions highlight a need for improvement in transparency and adherence to best practices in nonprofit governance. The liabilities to assets ratio of 182.11% raises further red flags regarding its financial stability, suggesting that the organization may be over-leveraged.
This AI summary has been generated from information found on Charity Navigator.
Is Sumanda Inc A Kid's Place legitimate?
Sumanda Inc A Kid's Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sumanda Inc A Kid's Place 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: $3,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,454
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Official website here: www.akidsplacela.com
What is the mission statement of Sumanda Inc A Kid's Place?
Sumanda Inc. A Kid's Place's mission is centered around understanding and nurturing children. Their goal is to aid children in developing into their best selves. Their operations encompass various programs, including toddler groups, transition classes for two-year-olds, preschool classes, extended daycare, and parent education. These programs are designed to provide a conducive environment for children's growth and development.
Official website here: www.akidsplacela.com
What is the revenue of Sumanda Inc A Kid's Place?
Sumanda Inc A Kid's Place's revenue in 2023 was $270,753.
Official website here: www.akidsplacela.com
Who are the executives of Sumanda Inc A Kid's Place and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.akidsplacela.com
Where can I find the form 990 for Sumanda Inc A Kid's Place?
Sumanda Inc A Kid's Place's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.akidsplacela.com
Learn more at the official website: www.akidsplacela.com
Mission Statement of Sumanda Inc A Kid's Place
Sumanda Inc A Kid's Place, a children's preschool, is dedicated to understanding and nurturing the growth of young children. Their mission is to help each child blossom into the best version of themselves. This is achieved through various programs tailored to different age groups. The toddler groups cater to the needs of the youngest children, providing a nurturing environment for their early development. Transition groups for 2-year-olds prepare them for the next step, as they transition into preschool classes. Extended daycare offers flexibility for working parents, ensuring their children's continued care beyond regular school hours. Additionally, Sumanda Inc A Kid's Place offers parent education, providing valuable insights and tools for parents to support their children's learning and development at home.
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Impact
October, 2024
Sumanda Inc A Kid's Place significantly impacts the lives of children and families in the Los Angeles area by providing a range of educational and developmental programs. Through toddler groups, transition programs for two-year-olds, preschool classes, and extended daycare, it creates a nurturing environment where children can thrive.
The focus on understanding children's individual needs fosters emotional and social growth, helping them to develop into their best selves. Additionally, the provision of parent education empowers families with the tools and knowledge to support their children's development at home, creating a holistic approach to youth development. This commitment not only enhances the present experience of the children but also lays a solid foundation for their future success.
This information is meant to be a general summary of Sumanda Inc A Kid's Place. 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 2023.
- Investment Income: $13,065
- Program Service Revenue: $209,058
- Gross Receipts: $272,868
Assets and Liabilities:
- Total Assets: $346,554
- Total Liabilities: $631,135
- Net Assets: -$284,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDREN'S PRESCHOOL
Revenue
$209,058
Organization Details
Founding Year
2003
Principal Officer
Susan B Leonard
Website
www.akidsplacela.comNTEE Category
Code: O50 - Youth development
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