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Faith And Love Enrichment Center In

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

EIN: 371592338 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is Faith And Love Enrichment Center In?

Faith and Love Enrichment Center is a nonprofit organization situated in High Point, North Carolina, specifically at 809 Greensboro Road, 27260. With a focus on providing high-quality and affordable childcare services, they cater to young children and youth aged between 6 weeks and 12 years who come from at-risk environments. To uphold the highest standards, they employ teachers with advanced degrees, ensuring a continued commitment to delivering top-notch services for the children. They operate with an educational program-based approach, aiming to achieve positive outcomes for the children under their care. The center currently employs 17 individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

Faith And Love Enrichment Center has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization's overall score derives entirely from its performance in this area, showcasing effective management and oversight. With a majority of its board members being independent, the charity demonstrates a commitment to transparency and ethical governance.

The financial indicators are particularly notable, with a program expense ratio of 81.73%, suggesting that a significant portion of its funds is directed towards its mission-related programs. Additionally, the organization has maintained an impressive liabilities to assets ratio of 0.00%, indicating solid financial health and stability. The presence of established policies regarding conflict of interest, whistleblower protections, and document retention further highlights its dedication to responsible governance practices.

While the rating is commendable, it's important for potential donors to consider that the score is based solely on financial accountability metrics. Although the organization appears to excel in these areas, there may be additional factors such as program effectiveness and community impact that are not reflected in this rating. Overall, Faith And Love Enrichment Center shows promising financial management, which is a positive sign for stakeholders.


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

Is Faith And Love Enrichment Center In legitimate?

Faith And Love Enrichment Center In is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith And Love Enrichment Center In 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: $104,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,307

For more financial information, click here

What is the mission statement of Faith And Love Enrichment Center In?

The Faith and Love Enrichment Center is committed to providing top-notch and economical childcare services for children and youth aged 6 weeks to 12 years who come from at-risk environments. Their mission is centered around educational programs, aiming to achieve positive outcomes for the children in their care. The center maintains its high standards by employing teachers with advanced degrees, ensuring the delivery of exceptional services.

Who is the CEO of Faith And Love Enrichment Center In?

Mary Moore is the Ceo of Faith And Love Enrichment Center In. The CEO's salary of Faith And Love Enrichment Center In is $104,400 and their total compensation is $104,400.

What is the revenue of Faith And Love Enrichment Center In?

Faith And Love Enrichment Center In's revenue in 2022 was $1,140,655.

Who are the executives of Faith And Love Enrichment Center In and what are their salaries?

The average compensation at Faith And Love Enrichment Center In during 2022 was $21,218. There are 17 employees at Faith And Love Enrichment Center In.


Here are 9 key members and their salaries (Faith And Love Enrichment Center In's CEO's salary is $104,400 and their total compensation is $104,400):


Mary Moore (Ceo)
  • Compensation: $104,400
  • Related: $0
  • Other: $0
Melvin Green (Treasurer)
  • Compensation: $18,720
  • Related: $0
  • Other: $0
Justin Rogers (Vice Chair)
  • Compensation: $1,885
  • Related: $0
  • Other: $0
Ethel Pate (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zarier Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiera Moore (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andhi Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Faith And Love Enrichment Center In?

Faith And Love Enrichment Center In's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Faith And Love Enrichment Center In

Faith and Love Enrichment Center is committed to providing top-notch and affordable childcare services for young children and youth aged between 6 weeks and 12 years. The center operates with an educational program-based approach, aiming to make a positive impact on children residing in at-risk environments. The mission of Faith and Love Enrichment Center is centered around ensuring that it maintains a high level of service quality, thereby contributing to the overall development of the children in its care. To achieve this, the center employs highly qualified teachers, many of whom hold advanced degrees. These educators are instrumental in delivering the highest standard of services, thereby facilitating the center's continued success and high enrollment capacity.

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Impact




July, 2024

Faith And Love Enrichment Center In has a significant impact on the community by providing high-quality and affordable childcare services to young children and youth aged 6 weeks to 12 years residing in at-risk environments. The center maintains its high enrollment capacity and star level with the help of highly qualified teachers holding more degrees. This ensures that the children receive the highest quality of educational program services. Overall, Faith And Love Enrichment Center In plays a crucial role in supporting the development and well-being of children in High Point, NC, and helps create a positive impact on their lives.




This information is meant to be a general summary of Faith And Love Enrichment Center In. 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
$1,140,655 (2022)
Expenses
$1,011,021 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,139,392
  • Gross Receipts: $1,140,655

Assets and Liabilities:

  • Total Assets: $30,978
  • Total Liabilities: $0
  • Net Assets: $30,978

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Programs

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

CHILD DAY CARE SEVICES

Revenue

$1,054,134

MEAL DELIVERY PROGRAM

Revenue

$85,258

Organization Details

Founding Year

2007

Principal Officer

Mary Moore

Main Address

809 GREENSBORO ROAD, High Point, NC, 27260

NTEE Category

Code: B92 - Education

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