Park Place Early Learning Center

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

EIN: 341650063 ✦ Elyria, OH ✦ Designated as a 501(c)(3)

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Overview

What is Park Place Early Learning Center?

Park Place Early Learning Center is a nonprofit organization dedicated to providing individualized care for children. By creating tailored environments and offering age-specific activities, the center aims to foster physical, emotional, and social growth. The center's mission is to promote overall development, ensuring each child receives the best possible care and support during their formative years.


Official website here: www.parkplacelearning.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (73%)

Park Place Early Learning Center has received a two-star rating indicating a need for improvement in its accountability and financial practices. While the organization has a strong independent board, scoring full points for having 100% independent members and a solid liabilities to assets ratio of 18.98%, it falls short in several key areas regarding transparency.

The center has not provided financial statements, which significantly impacts its overall score. Additionally, important policies such as a whistleblower policy and document retention and destruction policy are missing, which could raise concerns about governance practices. However, it does demonstrate a good program expense ratio of 85.77%, suggesting that a significant portion of its expenses is directed towards its programs.

Overall, while Park Place Early Learning Center shows strengths in board independence and program spending, the lack of essential financial documentation and policies leads to a lower rating, emphasizing the need for improvements in transparency and accountability to build trust among stakeholders.


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

Is Park Place Early Learning Center legitimate?

Park Place Early Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Place Early Learning Center 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: $412,151

For more financial information, click here


Official website here: www.parkplacelearning.org

What is the mission statement of Park Place Early Learning Center?

Park Place Early Learning Center's mission is centered around providing personalized care for children, encouraging their physical and social growth, and fostering development. This is achieved through the creation of tailored environments that offer age-appropriate activities, thereby promoting overall development. In essence, the center aims to nurture each child's unique needs and abilities, ensuring they grow holistically.


Official website here: www.parkplacelearning.org

Who is the CEO of Park Place Early Learning Center?

Shamone Gore Panter is the Secretary of Park Place Early Learning Center.


Official website here: www.parkplacelearning.org

What is the revenue of Park Place Early Learning Center?

Park Place Early Learning Center's revenue in 2022 was $778,311.


Official website here: www.parkplacelearning.org

Who are the executives of Park Place Early Learning Center and what are their salaries?

The average compensation at Park Place Early Learning Center during 2022 was $34,346. There are 12 employees at Park Place Early Learning Center.


Here are 5 key members and their salaries:


Lauren Cantrell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Gleason (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Kostalnick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shamone Gore Panter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Spishak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parkplacelearning.org

Where can I find the form 990 for Park Place Early Learning Center?

Park Place Early Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parkplacelearning.org

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

Mission Statement of Park Place Early Learning Center

Park Place Early Learning Center, as a nonprofit organization, is dedicated to providing personalized care for children. Its mission is to foster the physical and social growth of young ones, promoting their development through tailored environments. The center achieves this by offering age-appropriate activities, ensuring each child receives the attention and support they need to thrive. By creating customized environments, Park Place Early Learning Center helps children build essential skills and grow at their own pace.

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Impact




October, 2024

Park Place Early Learning Center significantly impacts the community by providing personalized care for children, fostering both their physical and social growth. By creating tailored environments that offer age-appropriate activities, the center not only enhances children's developmental skills but also encourages a sense of belonging and social interaction among peers. Located in Elyria, OH, Park Place Early Learning Center is dedicated to nurturing the next generation, ensuring that children receive the support they need to thrive in their early years. This focus on individual care and developmental enrichment lays a strong foundation for lifelong learning and well-being.




This information is meant to be a general summary of Park Place Early Learning Center. 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
$778,311 (2022)
Expenses
$705,936 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $69
  • Program Service Revenue: $510,356
  • Gross Receipts: $778,311

Assets and Liabilities:

  • Total Assets: $364,174
  • Total Liabilities: $69,179
  • Net Assets: $294,995

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Programs

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

CHILD CARE FEES

Revenue

$510,356

Organization Details

Founding Year

1990

Principal Officer

Shamone Gore Panter

Main Address

524 PARK PLACE, ELYRIA, OH, 44035

NTEE Category

Code: P33 - Human services

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