Overview
What is Red Balloon Early Learning Centers?
Red Balloon Early Learning Centers is a nonprofit organization located in Onalaska, Wisconsin, dedicated to providing high-quality education for children aged 2 weeks to 12 years. They operate at various locations, both rented and owned, using their properties solely for educational purposes. The educational program employs certified teachers registered with the State of Wisconsin and follows the Pinnacle Preschool Curriculum for consistency. Red Balloon relieves government burden by offering preschool and 4K programs during childcare hours, charging fees instead of transporting children to government-run schools. Their staff undergoes self-improvement courses exceeding 25 hours annually, and they provide adult and parent education programs at no cost. The nutrition program, partially funded by the Department of Public Instruction's Child and Adult Care Food Program, ensures healthy meals for children, regardless of income, race, creed, culture, family situation, age, or gender. Red Balloon also partners with local health organizations and employs a physical education teacher to promote physical activity. The childcare services are available from 6 AM to 8 PM on weekdays and 6 AM to 5 PM on Saturdays, serving all families without discrimination. Approximately 40% of their population consists of low-income families. Red Balloon strives to create a safe and stimulating environment where children play a significant role in their daily activities, encouraging parental involvement to offer a developmentally appropriate atmosphere.
Official website here: www.redballoonchildcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Red Balloon Early Learning Centers has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. While the organization scored well in areas such as having a fully independent board and a strong program expense ratio, there are significant gaps in financial transparency, as evidenced by the absence of financial statements and a lack of critical policies, such as conflict of interest and whistleblower protections.
The nonprofit excels in its commitment to program spending, demonstrating that 91.35% of expenses are directed towards its mission-related activities. Additionally, it has maintained a favorable liabilities to assets ratio, suggesting a stable financial structure. However, the missing policies and documents raise concerns regarding governance and operational integrity.
Overall, while there are strengths in program expenses and board independence, the organization must address its shortcomings in transparency and policy frameworks to improve its standing and effectiveness. Increased attention to these areas could enhance trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Red Balloon Early Learning Centers legitimate?
Red Balloon Early Learning Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Balloon Early Learning Centers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $752,722
For more financial information, click here
Official website here: www.redballoonchildcare.com
What is the mission statement of Red Balloon Early Learning Centers?
Red Balloon Early Learning Centers diligently work towards enhancing the health and safety of the children in their care. They strive to provide a secure environment that encourages children's natural curiosity, allowing them to explore relationships and the stimulating surroundings. The way teachers or caregivers interact with children, the amount of time they spend with them, and the opportunities they provide for learning significantly impact a child's development. Red Balloon affirms this process and offers numerous opportunities for the development of both mind and body. They believe that parents are the most crucial people in a child's life and encourage their active participation whenever possible. Together, they aim to offer children a friendly and developmentally appropriate atmosphere, believing in a safe and stimulating environment where children play a significant role in their day.
Official website here: www.redballoonchildcare.com
Who is the CEO of Red Balloon Early Learning Centers?
Amanda Cusick is the Program Dire of Red Balloon Early Learning Centers.
Official website here: www.redballoonchildcare.com
What is the revenue of Red Balloon Early Learning Centers?
Red Balloon Early Learning Centers's revenue in 2023 was $1,180,790.
Official website here: www.redballoonchildcare.com
Who are the executives of Red Balloon Early Learning Centers and what are their salaries?
The average compensation at Red Balloon Early Learning Centers during 2023 was $15,362. There are 49 employees at Red Balloon Early Learning Centers.
Here are 11 key members and their salaries:
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- Compensation: $49,200
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Official website here: www.redballoonchildcare.com
Where can I find the form 990 for Red Balloon Early Learning Centers?
Red Balloon Early Learning Centers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.redballoonchildcare.com
Learn more at the official website: www.redballoonchildcare.com
Mission Statement of Red Balloon Early Learning Centers
Red Balloon Early Learning Centers is dedicated to improving the health and safety of the children under their care, ensuring a secure and stimulating environment for their natural curiosity to flourish. The organization affirms the significant role that teachers and caregivers play in a child's development, acknowledging that the way they interact with children, the time they spend with them, and the opportunities they provide for learning can shape a child's future personality. Red Balloon Early Learning Centers offers numerous opportunities for the development of both mind and body, believing that parents are the most important figures in a child's life and encouraging their active participation whenever possible. By working together, they strive to create a welcoming and developmentally appropriate atmosphere where children can play a significant role in their daily activities.
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Impact
July, 2024
Red Balloon Early Learning Centers works diligently to improve the health and safety of children at all their locations, serving the Coulee Region with pride. Parents can trust in choosing a quality and safe program where their children can explore relationships and their surroundings in a secure environment. The center recognizes the critical role of teachers and caregivers in shaping a child's development and ensures ample opportunities for learning and growth, both mentally and physically. Red Balloon values parental involvement, believing parents to be the most influential figures in a child's life, and together they create a friendly and developmentally appropriate atmosphere for children to thrive. The center's approach focuses on providing a safe and stimulating environment where children actively engage in their daily activities. Through their educational programs, Red Balloon aims to offer a comprehensive approach to child development, encompassing physical activity, nutrition, and academic learning.
This information is meant to be a general summary of Red Balloon Early Learning Centers. 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.
- Investment Income: -$63
- Program Service Revenue: $773,820
- Gross Receipts: $1,181,365
Assets and Liabilities:
- Total Assets: $1,045,410
- Total Liabilities: $529,655
- Net Assets: $515,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$729,810
FOOD PROGRAM
Revenue
$33,849
REGISTRATION
Revenue
$5,070
SHIRTS AND UNIFORMS
Revenue
$1,730
FUND RAISERS
Revenue
$1,319
Organization Details
Founding Year
1982
Phone
(608) 781-8580Principal Officer
Amanda Cusick
Main Address
573 BRAUND STREET, ONALASKA, WI, 54650
Website
www.redballoonchildcare.comNTEE Category
Code: B21 - Education
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