Overview
What is Redeemers Learning Center?
Redeemers Learning Center is a nonprofit organization situated in Katy, Texas, specifically at 5371 E 5th Street, 77493. Their primary objective is to nurture well-rounded children, fostering their development as future leaders, emphasizing character building, and spiritual growth. With a team of 17 dedicated individuals, the center strives to instill a balanced education into its students, setting them up for success in various aspects of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Redeemers Learning Center has received a low score of 52%, indicating significant concerns in its accountability and finance practices. The organization's score is derived solely from this beacon, which raises questions regarding its governance and transparency, particularly with 0% independent board members and no independent board size. The lack of key policies, such as conflict of interest and whistleblower policies, further detracts from its credibility.
Despite these shortcomings, the organization demonstrates strengths in its program expense ratio, allocating approximately 79.93% of its budget directly to programs, which suggests a focus on delivering services. Additionally, the liabilities to assets ratio is relatively healthy at 18.67%, indicating that the organization is managing its debts effectively. However, the absence of financial statements and the failure to publish required documents on its website are notable gaps that could hinder public trust and donor confidence.
Overall, while Redeemers Learning Center shows an emphasis on program spending, its governance issues and lack of transparency pose serious challenges that could affect its reputation and operational effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Redeemers Learning Center legitimate?
Redeemers Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redeemers Learning Center 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: $69,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,236
For more financial information, click here
What is the mission statement of Redeemers Learning Center?
Redeemers Learning Center's mission is centered around providing a well-rounded education to its students, with a focus on nurturing future leaders in character and ministry. The center aims to foster an environment that cultivates balanced development, preparing its students to excel in various aspects of life. This holistic approach to education is designed to shape the students into champions, not only academically but also in terms of character and spiritual growth.
Who is the CEO of Redeemers Learning Center?
Folasade Badru is the Director of Redeemers Learning Center.
What is the revenue of Redeemers Learning Center?
Redeemers Learning Center's revenue in 2022 was $1,138,531.
Who are the executives of Redeemers Learning Center and what are their salaries?
The average compensation at Redeemers Learning Center during 2022 was $17,608. There are 17 employees at Redeemers Learning Center.
There is 1 key member and their salary:
- Compensation: $69,100
- Related: $0
- Other: $0
Where can I find the form 990 for Redeemers Learning Center?
Redeemers Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Redeemers Learning Center
Redeemers Learning Center, a nonprofit organization, is committed to shaping the future by providing children with a well-rounded education. Their mission is to cultivate children who embody not just academic excellence but also strong character and a deep sense of ministry. The center aims to develop these future champions, instilling in them the values and skills necessary to navigate life with confidence and purpose. By focusing on character building and ministry, Redeemers Learning Center seeks to nurture individuals who will make a positive impact in their communities and beyond.
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Impact
July, 2024
Redeemers Learning Center positively impacts the KATY community by providing children with a balanced education that helps shape them into future champions in character and ministry. Through their mission to create well-rounded individuals, Redeemers Learning Center is contributing to the development of future leaders who will make a difference in society.
This information is meant to be a general summary of Redeemers Learning Center. 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: $60
- Program Service Revenue: $537,029
- Gross Receipts: $1,138,531
Assets and Liabilities:
- Total Assets: $779,918
- Total Liabilities: $145,645
- Net Assets: $634,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM
Revenue
$25,608
DATCARE TUITION
Revenue
$511,421
Organization Details
Founding Year
2009
Phone
(832) 437-8918Principal Officer
Folasade Badru
Main Address
5371 E 5TH STREET, KATY, TX, 77493
NTEE Category
Code: P33 - Human services
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