Overview
What is One To Grow On 2?
One To Grow On 2 is a nonprofit organization, committed to offering affordable and high-quality childcare and education to children residing in economically disadvantaged areas. Their mission is to contribute positively to the community's future generations by providing top-notch childcare services. By doing so, they aim to ensure that every child receives a nurturing environment that supports their overall development.
Official website here: www.12growon.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with a score of 66%.
One To Grow On 2 has been assigned a two-star rating, indicating that the organization requires improvement in various areas, particularly in accountability and financial transparency. Notably, the nonprofit lacks independent board members and has not published its financial statements, which can raise concerns about governance and oversight practices. However, the organization has demonstrated a strong commitment to program expenses, with an impressive ratio of 89.93%, indicating that a significant portion of its budget is directed toward its programs.
Despite the positive program expense ratio, the organization does face challenges in terms of governance. The absence of independent board members may limit diverse perspectives in decision-making, and the missing financial documents on the nonprofit's website can hinder public trust. On a positive note, One To Grow On 2 has established several policies, including conflict of interest and whistleblower policies, which reflect an effort to maintain ethical standards within the organization.
Overall, while One To Grow On 2 shows strengths in program spending and policy establishment, significant improvements are necessary in governance and transparency to enhance its accountability and public trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is One To Grow On 2 legitimate?
One To Grow On 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. One To Grow On 2 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: $173,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $683,394
For more financial information, click here
Official website here: www.12growon.com
What is the mission statement of One To Grow On 2?
One To Grow On 2's mission is centered around providing top-tier childcare and education to the upcoming generations of the community, specifically focusing on children from lower-income neighborhoods. The organization is committed to ensuring the future generations receive an excellent educational foundation, thereby contributing positively to their overall development. This mission is encapsulated in the statement, "To provide high quality childcare to the future generations of the community."
Official website here: www.12growon.com
What is the revenue of One To Grow On 2?
One To Grow On 2's revenue in 2023 was $2,095,274.
Official website here: www.12growon.com
Who are the executives of One To Grow On 2 and what are their salaries?
The average compensation at One To Grow On 2 during 2023 was $23,800. There are 36 employees at One To Grow On 2.
Here are 2 key members and their salaries:
- Compensation: $86,700
- Related: $0
- Other: $0
- Compensation: $86,700
- Related: $0
- Other: $0
Official website here: www.12growon.com
Where can I find the form 990 for One To Grow On 2?
One To Grow On 2's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.12growon.com
Learn more at the official website: www.12growon.com
Mission Statement of One To Grow On 2
One To Grow On 2, a nonprofit organization, is dedicated to providing affordable high-quality childcare and education to children residing in economically disadvantaged communities. This mission is rooted in the belief that investing in the future generations of the community is essential. The organization's primary objective is to offer top-tier childcare services, ensuring that the children under its care receive the best possible start in life. By doing so, One To Grow On 2 aims to contribute positively to the community, fostering a nurturing environment for its young members.
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Impact
July, 2024
One To Grow On 2's impact lies in its commitment to providing affordable high-quality childcare and education to children living in lower-income neighborhoods. By offering these essential services, the organization is contributing to the overall development and well-being of the future generations in the community. This can have a significant impact on the lives of these children, helping to set them on a path towards a brighter future with increased opportunities for success and growth.
This information is meant to be a general summary of One To Grow On 2. 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 2023.
- Program Service Revenue: $2,095,274
- Gross Receipts: $2,095,274
Assets and Liabilities:
- Total Assets: $558,294
- Total Liabilities: $148,654
- Net Assets: $409,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE
Revenue
$2,095,274
Organization Details
Founding Year
2019
Principal Officer
Steven Bolds
Website
www.12growon.comNTEE Category
Code: P33 - Human services
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