Overview
What is The Baby Academy?
The Baby Academy is a nonprofit organization that offers vital social services to support teen mothers and families with young children. Their mission is centered around providing essential assistance, encompassing child care, emotional, and educational support. By offering these services, they strive to cater to the needs of families in distress, aiming to improve their overall well-being and foster their development. The organization's primary objective is to provide social and educational aid to those in need, ensuring a more secure and nurturing environment for both parents and children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Baby Academy has received a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. With an overall score derived solely from this beacon, the organization demonstrates a commendable commitment to maintaining financial integrity and transparency, securing an Accountability & Finance score of 86%.
Among its strengths, The Baby Academy boasts a high program expense ratio of 91.52%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization has established robust policies, including a conflict of interest policy and a whistleblower policy, both of which are fully implemented. Additionally, its financial oversight appears strong, as evidenced by a low liabilities-to-assets ratio of 18.64%.
However, it is worth noting that only 42% of the board members are independent, which might raise questions about governance and oversight. While the independent board size is adequate, the limited proportion of independent members could be a potential area for improvement in enhancing the organization's overall governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is The Baby Academy legitimate?
The Baby Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Baby Academy 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: $56,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $430,790
For more financial information, click here
What is the mission statement of The Baby Academy?
The mission of The Baby Academy is centered around providing social and educational support to families and children in need. This organization aims to offer childcare services and emotional, social, and educational assistance to families who require it. Their primary objective is to extend social services to families with young children, with a focus on teenage mothers, to help them navigate through their challenges and improve their overall well-being. The organization's mission is a testament to its commitment to supporting vulnerable families and ensuring that children receive the necessary care and education they require.
Who is the CEO of The Baby Academy?
Unavailable
What is the revenue of The Baby Academy?
The Baby Academy's revenue in 2022 was $994,000.
Who are the executives of The Baby Academy and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Baby Academy?
The Baby Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Baby Academy
The Baby Academy is dedicated to providing social and educational support for families and children in need. Their mission is to offer a range of services designed to uplift teen mothers and families with young children. This nonprofit organization focuses on providing childcare, emotional, and educational assistance to these families, aiming to foster a nurturing environment for both children and their caregivers. By offering these essential services, The Baby Academy aims to make a significant difference in the lives of families who are encountering hardships, helping them navigate through challenging times and setting them on a path towards a brighter future.
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Impact
October, 2024
The Baby Academy delivers significant positive impacts on the lives of families and children in need in Calumet City, IL. By providing essential social and educational services, the program supports teen mothers and families with young children, addressing critical areas such as childcare, emotional well-being, and educational development.
With a focus on holistic support, The Baby Academy empowers families to navigate challenges while fostering a nurturing environment for young children. The childcare services ensure that parents can pursue work or education, knowing their children are cared for in a safe and stimulating space. Additionally, social and emotional support empowers families, helping them build resilience and develop strategies for overcoming obstacles.
Through its comprehensive approach, The Baby Academy not only enhances the immediate well-being of participants but also contributes to the long-term development of children and families, creating a stronger community in Calumet City.
This information is meant to be a general summary of The Baby Academy. 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.
- Program Service Revenue: $994,000
- Gross Receipts: $994,000
Assets and Liabilities:
- Total Assets: $1,635,000
- Total Liabilities: $305,000
- Net Assets: $1,330,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ES Partner Headstart
Revenue
$380,673
DFSS PFA-PI
Revenue
$303,294
DHS CCAP
Revenue
$302,574
Tuition
Revenue
$7,459
Organization Details
Founding Year
1998
Main Address
P O box 1817, Calumet City, IL, 60409
NTEE Category
Code: P200 - Human services
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