Overview
What is Lutheran Day Nursery Association Of Chicago?
The Lutheran Day Nursery Association of Chicago is a nonprofit organization, situated at 1802 North Fairfield Avenue in Chicago, Illinois (60647). Their primary mission is to provide nursery care for children aged between 2 and 6, catering to the needs of working mothers and other children in the community who require such services due to illness or absence of either parent. With a dedicated workforce of 14 employees, this association aims to offer a supportive environment for these children, ensuring their wellbeing and development during their formative years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Lutheran Day Nursery Association Of Chicago has received a solid score of 82%, indicating a strong performance in accountability and finance. This rating is based solely on their Accountability & Finance score, which reflects their commitment to transparency and responsible management of funds. The organization demonstrates a high degree of independence in governance, with a fully independent board.
The financial metrics are particularly impressive, showcasing a program expense ratio of 90.47%, which means that a significant majority of their expenses directly support their programs. Additionally, they maintain a low liabilities to assets ratio of 6.63%, signifying sound financial health and minimal risk in terms of debt. Regular documentation of board meeting minutes and a robust audit and oversight committee further highlight their commitment to governance.
While the organization excels in financial accountability and has established a strong governance structure, the absence of a broader evaluation in other areas may limit a full understanding of its overall impact. Nonetheless, the strengths in financial management and transparency are commendable and suggest that donors can feel confident in their support of this nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Day Nursery Association Of Chicago legitimate?
Lutheran Day Nursery Association Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Day Nursery Association Of Chicago 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: $51,994
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,738
For more financial information, click here
What is the mission statement of Lutheran Day Nursery Association Of Chicago?
The Lutheran Day Nursery Association of Chicago provides nursery care for children aged 2 to 6, serving the needs of working mothers and other children in the community who require such services due to illness or absence of a parent. The primary mission of this organization is to offer nursery care as a solution for these children, ensuring they receive proper care during challenging circumstances. The association aims to support families and children in need, fostering a nurturing environment for their growth and development.
What is the revenue of Lutheran Day Nursery Association Of Chicago?
Lutheran Day Nursery Association Of Chicago's revenue in 2024 was $609,275.
Who are the executives of Lutheran Day Nursery Association Of Chicago and what are their salaries?
The average compensation at Lutheran Day Nursery Association Of Chicago during 2024 was $19,631. There are 17 employees and 3 volunteers at Lutheran Day Nursery Association Of Chicago.
Here are 8 key members and their salaries:
- Compensation: $54,848
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lutheran Day Nursery Association Of Chicago?
Lutheran Day Nursery Association Of Chicago's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lutheran Day Nursery Association Of Chicago
The Lutheran Day Nursery Association of Chicago is dedicated to providing nursery care for children aged between 2 and 6 years. This nonprofit organization extends its services to children in the community who require nursery care due to the illness or absence of either parent, or who are working mothers. The association's mission is centered around offering a supportive environment for these children, ensuring they receive the care they need during challenging periods. By doing so, the Lutheran Day Nursery Association of Chicago aims to alleviate the burden of childcare for working mothers and other families in need.
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Impact
July, 2024
Lutheran Day Nursery Association Of Chicago provides crucial nursery care for children aged 2-6 whose parents are working or unable to care for them due to illness or absence. By offering a safe and nurturing environment for these children, the association plays a vital role in supporting working mothers and families in the community. It helps ensure that children receive the care and attention they need during their formative years, contributing to their overall well-being and development. The impact of Lutheran Day Nursery Association Of Chicago extends beyond just childcare, as it provides support to families facing various challenges and helps create a stronger, more resilient community.
This information is meant to be a general summary of Lutheran Day Nursery Association Of Chicago. 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 2024.
- Investment Income: $7,795
- Program Service Revenue: $497,142
- Gross Receipts: $609,275
Assets and Liabilities:
- Total Assets: $317,669
- Total Liabilities: $15,570
- Net Assets: $302,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Day Care Fees
Revenue
$497,142
Organization Details
Founding Year
1932
Principal Officer
Illa M Doss
NTEE Category
Code: P330 - Human services
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