Overview
What is The Growing Place Inc?
The Growing Place Inc, located in DeKalb, Illinois, is a nonprofit organization with a focus on providing quality childcare services. Operating four facilities, it caters to around 200 children annually, ranging from six weeks to twelve years old. Their offerings include a part-day nursery school, a full-day year-round childcare program, a half-day childcare program for kindergarten-aged children, an after-school program, and a summer camp. This organization is committed to ensuring the well-being and development of young minds, providing them with a nurturing environment. The team at The Growing Place Inc consists of 41 dedicated individuals.
Official website here: www.growingplace_il.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
The Growing Place Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The rating reflects the organization's commitment to transparency and good governance, with notable strengths in areas such as independent board membership and financial oversight. The independent board is fully comprised of eight members, and the organization has no reported material diversion of assets, showcasing its reliability.
In terms of financial management, The Growing Place Inc demonstrates impressive efficiency with a program expense ratio of 82.60%, meaning that a significant portion of its funds directly supports its programs. Furthermore, its financial statements and governance policies are well-organized, contributing to its strong accountability score. However, it should be noted that the charity is missing a whistleblower policy, which could be an area for improvement.
Overall, The Growing Place Inc presents itself as a well-managed organization with a focus on financial integrity and program effectiveness. Despite minor gaps in governance policies, its high rating reflects commendable operational practices and a dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Growing Place Inc legitimate?
The Growing Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Growing Place 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: $76,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $801,223
For more financial information, click here
Official website here: www.growingplace_il.com
What is the mission statement of The Growing Place Inc?
The Growing Place Inc., as an organization, is committed to providing high-quality child care services for children ranging from six weeks to twelve years old. Their mission is primarily focused on catering to this age group, offering various programs such as part-day nursery school, full-day year-round childcare, half-day child care for kindergarten-aged children, after-school programs, and summer camps. Their goal is to ensure the well-being and development of these young individuals during their formative years.
Official website here: www.growingplace_il.com
Who is the CEO of The Growing Place Inc?
Caitlin Lee is the Executive Director of The Growing Place Inc.
Official website here: www.growingplace_il.com
What is the revenue of The Growing Place Inc?
The Growing Place Inc's revenue in 2022 was $1,404,637.
Official website here: www.growingplace_il.com
Who are the executives of The Growing Place Inc and what are their salaries?
The average compensation at The Growing Place Inc during 2022 was $21,404. There are 41 employees at The Growing Place Inc.
Here are 8 key members and their salaries:
- Compensation: $70,876
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Official website here: www.growingplace_il.com
Where can I find the form 990 for The Growing Place Inc?
The Growing Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.growingplace_il.com
Learn more at the official website: www.growingplace_il.com
Mission Statement of The Growing Place Inc
The Growing Place Inc, as an organization, is committed to delivering high-quality child care services. Their mission, in essence, revolves around nurturing children from the tender age of six weeks up to twelve years old. They achieve this by operating multiple facilities that cater to approximately 200 children annually. The scope of their services extends beyond mere childcare. They operate a part-day nursery school, a full-day year-round childcare program, a half-day childcare program for kindergarten-aged children, an after-school program, and a summer camp. These diverse offerings enable The Growing Place Inc to cater to the unique needs of children at various developmental stages.
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Impact
October, 2024
The Growing Place Inc significantly impacts the community by providing essential quality child care for children aged six weeks to twelve years. By operating four facilities, it serves approximately 200 children each year, ensuring they receive the care and nurturing necessary for their development during critical early years.
The organization offers a diverse range of programs tailored to meet the varying needs of families. This includes part-day nursery schooling, a full-day year-round childcare program, a half-day program for kindergarten-age children, as well as after-school services and a summer camp. These offerings not only support the developmental and educational needs of children but also allow parents to pursue their careers with peace of mind, knowing their children are in a safe and enriching environment.
Through its commitment to quality care and diverse programming, The Growing Place Inc plays a vital role in fostering healthy development and learning, while contributing positively to the overall well-being of families in Dekalb, IL.
This information is meant to be a general summary of The Growing Place 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.
- Investment Income: $149
- Program Service Revenue: $302,839
- Gross Receipts: $1,407,348
Assets and Liabilities:
- Total Assets: $858,828
- Total Liabilities: $99,505
- Net Assets: $759,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL FEES
Revenue
$302,839
Organization Details
Founding Year
1973
Phone
(815) 756-5744Principal Officer
Caitlin Lee
Main Address
909 S 4TH ST, DEKALB, IL, 601154411
Website
www.growingplace_il.comNTEE Category
Code: P33 - Human services
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