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Learn And Grow Child Care Center Inc

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

EIN: 383056227 ✦ Wyoming, MI ✦ Designated as a 501(c)(3)

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Overview

What is Learn And Grow Child Care Center Inc?

Learn And Grow Child Care Center Inc is a nonprofit organization, now either terminated or no longer active, that was dedicated to offering childcare services. Their primary mission involved caring for 13 children, providing them with a nurturing environment. Although the organization's status is uncertain, its purpose was to contribute to the growth and development of young minds.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Learn And Grow Child Care Center Inc has received a rating of 73%, which reflects a moderate level of performance in terms of accountability and finance. The organization demonstrates a strong commitment to transparency, as evidenced by its independent board composition and the lack of material diversion of assets. With 80% of its board members being independent and a commendable program expense ratio of 91.34%, the center effectively allocates its resources towards its mission.

However, despite these strengths, the overall two-star rating indicates that there are areas for improvement. While the center has a solid financial foundation with a liability to assets ratio of 0.00%, other factors that typically contribute to higher ratings may not have been met. Therefore, stakeholders may want to consider these limitations when evaluating the center's overall effectiveness and sustainability.

In summary, Learn And Grow Child Care Center Inc shows promise in its financial practices and governance structure, but its two-star rating suggests that there are additional aspects to enhance for greater impact and recognition within the nonprofit sector.


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

Is Learn And Grow Child Care Center Inc legitimate?

Learn And Grow Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learn And Grow Child Care Center 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: $5,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,660

For more financial information, click here

What is the mission statement of Learn And Grow Child Care Center Inc?

The Learn And Grow Child Care Center Inc, as per the available information, was a nonprofit organization that had a mission to provide childcare services for 13 children. However, it is unfortunate to note that this organization is no longer active or terminated. The specific details about the nature of the childcare services or any additional objectives the organization had are not available in the provided data.

What is the revenue of Learn And Grow Child Care Center Inc?

Learn And Grow Child Care Center Inc's revenue in 2020 was $36,066.

Who are the executives of Learn And Grow Child Care Center Inc and what are their salaries?

The average compensation at Learn And Grow Child Care Center Inc during 2020 was $5,680. There are 4 employees at Learn And Grow Child Care Center Inc.

Here are 5 key members and their salaries:


Karen Madden (Dirsectreas)
  • Compensation: $5,061
  • Related: $0
  • Other: $0
Terri Villa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Deyoung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Spencer (Director-1)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan R Letts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Learn And Grow Child Care Center Inc?

Learn And Grow Child Care Center Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Learn And Grow Child Care Center Inc

Learn and Grow Child Care Center Inc, in its active period, was dedicated to providing childcare services for thirteen young individuals. However, it is unfortunate to note that this nonprofit organization has terminated its operations or is no longer in existence. During its operation, the center focused on ensuring the wellbeing and development of the children under its care. Despite the lack of specific details about its mission or activities, it is clear that the center played a significant role in providing a nurturing environment for young children, allowing them to grow and learn in a safe and supportive setting.

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Impact




October, 2024

Learn And Grow Child Care Center Inc provided essential childcare services for 13 children, contributing positively to their development and well-being. By offering a safe and nurturing environment, the center supported families in Wyoming, MI, allowing parents to pursue work and other commitments with peace of mind. Through quality childcare, the center played a role in fostering early childhood education and socialization, crucial for setting a solid foundation in children's formative years. Its mission aligned with promoting human services, supporting local families, and enhancing community trust and resilience. However, the organization's recent termination means that the direct impact it once had on the community has come to an end, creating a gap for families seeking similar services.




This information is meant to be a general summary of Learn And Grow Child Care Center 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
$36,066 (2020)
Expenses
$36,794 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $350
  • Program Service Revenue: $35,716
  • Gross Receipts: $36,066

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

CHILD CARE
0

Revenue

$35,716

Organization Details

Founding Year

1996

Principal Officer

Ryan R Letts

NTEE Category

Code: P33 - Human services

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