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St Nicholas Early Learning Inc

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

EIN: 364824421 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is St Nicholas Early Learning Inc?

St. Nicholas Early Learning Inc., established in Indianapolis, Indiana, is a nonprofit organization dedicated to nurturing the development of children aged between 6 months and 4 years. Currently, they serve 40 children at full capacity, with a waiting list for infant care exceeding 60 families. The team of 16 dedicated individuals ensures a safe, engaging, and educative environment, fostering each child's growth potential. As per Indiana Paths to Quality, the program received Level 2 certification in 2018, indicating a high-quality program commitment. Their mission is to create a lifelong love for learning in all children, providing them with an opportunity to explore and grow in a secure environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Star rating).

St Nicholas Early Learning Inc has received a Two-Star rating, indicating a fair level of performance in the nonprofit sector. The organization demonstrates strong accountability and financial practices, achieving a notable 71% in this area. Particularly commendable is the composition of its board, which consists of 100% independent members, showcasing a commitment to governance and reducing potential conflicts of interest.

The organization excels in several key metrics, including a Program Expense Ratio of 82.27%, which reflects a significant portion of its resources allocated directly to its programs. Additionally, St Nicholas has no liabilities, indicating a well-managed financial state. However, while the overall score shows some strengths, the Two-Star rating suggests that there may be areas where further improvements could be beneficial to enhance transparency and effectiveness in serving its mission.


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

Is St Nicholas Early Learning Inc legitimate?

St Nicholas Early Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Nicholas Early Learning 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: $67,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,663

For more financial information, click here

What is the mission statement of St Nicholas Early Learning Inc?

St. Nicholas Early Learning Inc's mission is centered around providing children with a top-notch educational program and a secure environment. This setting encourages children to explore and nurture their personal growth. The organization is dedicated to fostering a lifelong love of learning in every child who attends. They strive to achieve this by serving as a reliable source of support for both children and their caregivers. Their commitment to quality extends to maintaining high standards, as evidenced by their Level 2 renewal on the Indiana Paths to Quality in 2018.

Who is the CEO of St Nicholas Early Learning Inc?

Amysue Bacon is the President of St Nicholas Early Learning Inc.

What is the revenue of St Nicholas Early Learning Inc?

St Nicholas Early Learning Inc's revenue in 2022 was $983,926.

Who are the executives of St Nicholas Early Learning Inc and what are their salaries?

The average compensation at St Nicholas Early Learning Inc during 2022 was $16,552. There are 32 employees at St Nicholas Early Learning Inc.


Here are 8 key members and their salaries:


Katherine Anthony (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amysue Bacon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Bacon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Chavis Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Jacobi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Langdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Haake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amelia Patel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Nicholas Early Learning Inc?

St Nicholas Early Learning Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Nicholas Early Learning Inc

St. Nicholas Early Learning Inc is dedicated to offering every child an exceptional educational experience in a secure environment. Their mission is to cultivate a love for learning in each child, empowering them to explore and develop their own growth potential. The organization strives to create an environment that encourages growth, thriving, and learning, ensuring that every child feels safe and engaged. In achieving this, St. Nicholas Early Learning Inc has been recognized with a Level 2 rating on the Indiana Paths to Quality, demonstrating their commitment to providing high-quality programs.

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Impact




October, 2024

St. Nicholas Early Learning Inc. has made a significant impact on the lives of young children and their families in Indianapolis. By providing high-quality early childhood programs in a secure and nurturing environment, the organization offers children the opportunity to explore and realize their growth potential.

Since its opening in September 2016, St. Nicholas has operated at full capacity, serving 40 children aged six months to four years. The demand for its services is evident, with over 60 families on a waiting list for infant care, highlighting the community's recognition of the center's value.

With a dedicated staff of 16, St. Nicholas ensures that each child's daily needs are met while fostering a safe, engaging, and educational atmosphere. The center's commitment to excellence is further reinforced by its Level 2 accreditation on the Indiana Paths to Quality, demonstrating a commitment to maintaining high standards in early childhood education.

St. Nicholas Early Learning Inc. not only supports children's immediate educational and emotional needs but also works to instill a lifelong love of learning, setting the foundation for their future success.




This information is meant to be a general summary of St Nicholas Early Learning 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.

Revenue
$983,926 (2022)
Expenses
$753,769 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $609,541
  • Gross Receipts: $983,926

Assets and Liabilities:

  • Total Assets: $466,723
  • Total Liabilities: $0
  • Net Assets: $466,723

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Programs

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

CCDF payments

Revenue

$31,118

supply/processing fees

Revenue

$713

tuition

Revenue

$577,710

Organization Details

Founding Year

2015

Principal Officer

Amysue Bacon

Main Address

3333 N Meridian Street 101, Indianapolis, IN, 46208

NTEE Category

Code: P33 - Human services

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