Overview
What is Lacreche Early Childhood Centers Inc?
Lacreche Early Childhood Centers Inc is a nonprofit organization situated in Minneapolis, Minnesota. Its primary mission is to offer childcare services for families with moderate to low income, catering to children aged between 6 weeks and 12 years. The nonprofit's objectives extend beyond mere childcare, as it aims to promote school readiness by assisting parents in fulfilling their children's developmental needs. As an early education center, Lacreche's mission is centered on fostering independence in children, encouraging self-respect, self-reliance, and a sense of responsibility. The curriculum emphasizes positive self-identity, cognitive skills, language arts, and small gross motor skills. The facilities are designed to stimulate each child's creativity, ensuring a clean, bright, cheerful, safe, and fully-equipped environment. With a staff of 24 individuals, Lacreche Early Childhood Centers Inc strives to provide a comprehensive and enriching experience for every child, encouraging them to develop a lifelong love for learning.
Official website here: www.lacrechekids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating
Lacreche Early Childhood Centers Inc has earned an 89% score on Charity Navigator, indicating a solid level of accountability and financial health. The charity’s score is derived solely from its performance in the Accountability & Finance category, reflecting a strong emphasis on transparency and effective governance practices.
The organization boasts a fully independent board, comprising 100% independent members, which is a positive aspect of its governance. It has demonstrated effective financial oversight with no reported material diversion of assets and excellent compliance with various policies, including conflict of interest and whistleblower protections. Furthermore, a commendable portion of its expenses, approximately 69.69%, is allocated directly to programs, showcasing its commitment to fulfilling its mission.
However, one area of concern noted in the data is the size of the independent board, where the minimum requirement of two members has resulted in a score of zero in that category. This limitation could potentially impact the organization's governance structure, highlighting a need for improvement in board composition to enhance overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lacreche Early Childhood Centers Inc legitimate?
Lacreche Early Childhood Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lacreche Early Childhood Centers 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: $111,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $609,198
For more financial information, click here
Official website here: www.lacrechekids.org
What is the mission statement of Lacreche Early Childhood Centers Inc?
Lacreche Early Childhood Centers Inc's mission, as an early care and education center, is centered around fostering independence in children. The center offers a range of experiences to nurture self-respect, self-reliance, and a sense of responsibility. The curriculum emphasizes positive self-identity, cognitive skills, language arts, and small motor skills. The facilities are designed to stimulate each child's creativity, promoting a total enrichment and depth of experience. Lacreche encourages children to develop a sense of themselves as learners, encouraging questions, observation, and the pursuit of answers. The mission of the center also includes operating daycare service programs for children from low to moderate income families, aiming to promote school readiness by assisting parents in meeting their children's developmental needs.
Official website here: www.lacrechekids.org
Who is the CEO of Lacreche Early Childhood Centers Inc?
Phyllis Sloan is the Executive Director of Lacreche Early Childhood Centers Inc.
Official website here: www.lacrechekids.org
What is the revenue of Lacreche Early Childhood Centers Inc?
Lacreche Early Childhood Centers Inc's revenue in 2022 was $1,509,964.
Official website here: www.lacrechekids.org
Who are the executives of Lacreche Early Childhood Centers Inc and what are their salaries?
The average compensation at Lacreche Early Childhood Centers Inc during 2022 was $30,048. There are 24 employees and 17 volunteers at Lacreche Early Childhood Centers Inc.
Here are 4 key members and their salaries:
- Compensation: $103,463
- Related: $0
- Other: $8,500
- Compensation: $39,879
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lacrechekids.org
Where can I find the form 990 for Lacreche Early Childhood Centers Inc?
Lacreche Early Childhood Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lacrechekids.org
Learn more at the official website: www.lacrechekids.org
Mission Statement of Lacreche Early Childhood Centers Inc
Lacreche Early Childhood Centers Inc is dedicated to serving low to moderate income families by operating daycare service programs for children up to the age of 12. Their mission, in simpler terms, is to help children transition from a state of dependence to independence. To accomplish this, they offer a nurturing environment filled with various experiences that foster self-respect, self-reliance, and a sense of responsibility. Their curriculum emphasizes positive self-identity, cognitive skills, language arts, and small gross motor skills, all designed to stimulate each child's creativity. The centers are kept clean, bright, cheerful, safe, and fully equipped to encourage each child's educational growth. Lacreche Early Childhood Centers Inc encourages children to develop a sense of themselves as learners, to ask questions, observe, and seek answers, promoting an overall enriching experience. Their ultimate goal is to provide a well-rounded and comprehensive educational experience for children, helping them prepare for their future and promoting school readiness by assisting parents in meeting their children's developmental needs.
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Impact
July, 2024
Lacreche Early Childhood Centers Inc's impact is evident in the lives of children from low to moderate income families who benefit from their early care and education services. By focusing on moving children towards independence, the center provides a nurturing environment that encourages self-respect, self-reliance, and self-initiated activities. Their curriculum emphasizes cognitive skills, language arts, and motor skills development, fostering a positive self-identity in each child. The clean, safe, and stimulating facilities further enhance the children's creativity and educational growth. Through their programs, Lacreche Early Childhood Centers Inc plays a crucial role in promoting school readiness and assisting parents in meeting the developmental needs of their children, ultimately enriching the lives of the young learners.
This information is meant to be a general summary of Lacreche Early Childhood Centers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $641
- Program Service Revenue: $1,390,959
- Gross Receipts: $1,509,964
Assets and Liabilities:
- Total Assets: $884,048
- Total Liabilities: $59,521
- Net Assets: $824,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childcare Fees
Revenue
$1,375,178
Parent Fees
Revenue
$15,781
Organization Details
Founding Year
1969
Phone
(612) 377-1786Principal Officer
Phyllis Sloan
Main Address
1800 Olson Memorial Highway, Minneapolis, MN, 55411
Website
www.lacrechekids.orgNTEE Category
Code: P33 - Human services
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