Overview
What is Achievers Educational Center I?
Achievers Educational Center I is a nonprofit organization located in Bellwood, Illinois, dedicated to serving low-income families. Their primary objective is to offer accessible and high-quality child care services, catering to those who require such support the most. The center's mission embodies a commitment to making affordable child care options available, thereby contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Achievers Educational Center I has received a "Needs Improvement" rating from Charity Navigator, reflecting areas where the organization can enhance its performance. The organization boasts a perfect score of 100% for Accountability & Finance, indicating strong governance practices with a fully independent board. Their program expense ratio is notably high at 78.44%, suggesting that a significant portion of their resources is focused on their programs.
However, the organization has significant gaps, particularly in transparency and compliance. They received no points for their financial statements and lack essential policies such as a whistleblower and document retention policy. Additionally, their website was not listed on their tax form, and they have not posted tax documents on their website, which contributes to their lower overall score.
Despite these limitations, Achievers Educational Center I has demonstrated a commitment to managing their finances responsibly, evidenced by their favorable liabilities to assets ratio of 45.51%. Improving their transparency and addressing the missing documentation could enhance their standing and public trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Achievers Educational Center I legitimate?
Achievers Educational Center I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achievers Educational Center I 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: $74,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,323
For more financial information, click here
What is the mission statement of Achievers Educational Center I?
Achievers Educational Center I is committed to providing affordable and high-quality child care services to families in need. Their mission is to offer these crucial services, recognizing the importance of child care for low-income families. The center aims to ensure that every child under its care receives excellent care, thereby contributing positively to their overall development.
What is the revenue of Achievers Educational Center I?
Achievers Educational Center I's revenue in 2023 was $744,536.
Who are the executives of Achievers Educational Center I and what are their salaries?
The average compensation at Achievers Educational Center I during 2023 was $24,849. There are 16 employees at Achievers Educational Center I.
There is 1 key member and their salary:
- Compensation: $74,258
- Related: $0
- Other: $0
Where can I find the form 990 for Achievers Educational Center I?
Achievers Educational Center I's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Achievers Educational Center I
Achievers Educational Center, a nonprofit organization, is committed to providing high-quality and affordable child care services to families who are financially disadvantaged. Located in Bellwood, IL, the center's mission is to become a reliable option for these families, ensuring their children receive the care they need. The organization's primary goal is to bridge the gap between the need for child care and the financial limitations that many families face. By offering top-notch child care services, Achievers Educational Center aims to support these families and contribute to their overall well-being.
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Impact
July, 2024
Achievers Educational Center I provides crucial child care services to low-income families in Bellwood, IL. By offering affordable and quality child care options, Achievers Educational Center I enables parents to work and pursue opportunities to improve their families' financial stability. This support positively impacts the community by empowering parents to invest in their career development and overall well-being, ultimately contributing to the local economy and fostering a more sustainable future for these families.
This information is meant to be a general summary of Achievers Educational Center I. 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.
- Program Service Revenue: $100,551
- Gross Receipts: $744,536
Assets and Liabilities:
- Total Assets: $227,004
- Total Liabilities: $103,325
- Net Assets: $123,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION EXPRESS
Revenue
$74,336
OTHER INCOME
Revenue
$26,215
Organization Details
Principal Officer
Requita Brandy
NTEE Category
Code: B240 - Education
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