Overview
What is Kiddy Karousel Day Care Center?
Kiddy Karousel Day Care Center is a nonprofit organization situated in Hibbing, Minnesota, with a postal address at 3920 13th Avenue East. The center specializes in providing top-notch child care services, catering to infants and children up to the age of 10. With an average enrollment of around 400 children, Kiddy Karousel offers an engaging and interactive learning environment. Their primary mission is to ensure the well-being and development of these children, striving to deliver high-quality daycare. The organization employs a dedicated team of 55 individuals to accomplish this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (Needs Improvement)
Kiddy Karousel Day Care Center has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in its accountability and financial practices. The overall score stands at 65%, which reflects significant strengths in areas such as independent board membership and program expense ratio, where it excelled with scores of 100% and 83.93%, respectively. This suggests that the majority of board members are independent and that a substantial portion of expenses is directed toward programs that benefit the community.
However, the organization faces notable limitations, particularly in transparency and governance. Kiddy Karousel Day Care Center has not provided key financial statements or established essential policies such as conflict of interest and whistleblower protections, which are critical for ensuring accountability. Furthermore, the absence of documentation like board meeting minutes and the failure to post tax forms on their website signifies a lack of transparency that could affect donor trust.
In summary, while Kiddy Karousel Day Care Center demonstrates strong programmatic commitment, the organization needs to enhance its financial transparency and governance practices to achieve a higher rating and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kiddy Karousel Day Care Center legitimate?
Kiddy Karousel Day Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiddy Karousel Day Care 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: $37,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $846,253
For more financial information, click here
What is the mission statement of Kiddy Karousel Day Care Center?
Kiddy Karousel Day Care Center's mission is centered around providing high-quality child care. They serve infants and children up to the age of 10, offering an engaging learning environment. The daycare center's objective is to ensure every child receives the best possible care, fostering their growth and development in a nurturing atmosphere. The center's average enrollment is around 400 children, indicating its commitment to catering to a substantial number of young individuals.
Who is the CEO of Kiddy Karousel Day Care Center?
Pat Ives is the President of Kiddy Karousel Day Care Center.
What is the revenue of Kiddy Karousel Day Care Center?
Kiddy Karousel Day Care Center's revenue in 2022 was $1,327,681.
Who are the executives of Kiddy Karousel Day Care Center and what are their salaries?
The average compensation at Kiddy Karousel Day Care Center during 2022 was $16,067. There are 55 employees and 3 volunteers at Kiddy Karousel Day Care Center.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $37,425
- Related: $0
- Other: $0
Where can I find the form 990 for Kiddy Karousel Day Care Center?
Kiddy Karousel Day Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kiddy Karousel Day Care Center
Kiddy Karousel Day Care Center is committed to providing high-quality childcare services for infants and children up to the age of 10 years. Their mission is to offer an interactive learning environment at their daycare center, ensuring the children's growth and development. By enrolling an average of 400 children, Kiddy Karousel Day Care Center strives to create a nurturing space where children can explore, learn, and thrive.
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Impact
July, 2024
Kiddy Karousel Day Care Center's impact is significant in the community of Hibbing, MN. By providing quality child care services to infants and children up to 10 years old, the center plays a crucial role in supporting working parents and families. With an average enrollment of 400 children, Kiddy Karousel not only offers a safe and nurturing environment but also focuses on interactive learning activities to promote the development of young minds.
Through its mission to provide quality daycare services, Kiddy Karousel contributes to the overall well-being of children in the community. By offering a structured and engaging environment, the center supports children's cognitive, social, and emotional development. Additionally, by serving a large number of families, Kiddy Karousel helps parents balance work and childcare responsibilities, ultimately contributing to the local economy and workforce.
Overall, Kiddy Karousel Day Care Center's impact is evident in the lives of the children and families it serves, as well as in the community as a whole.
This information is meant to be a general summary of Kiddy Karousel Day Care 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.
- Program Service Revenue: $1,164,499
- Gross Receipts: $1,327,681
Assets and Liabilities:
- Total Assets: $260,047
- Total Liabilities: $0
- Net Assets: $260,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child care fees
Revenue
$1,060,402
Child food program
Revenue
$104,097
Organization Details
Founding Year
1971
Phone
(218) 263-7450Principal Officer
Pat Ives
Main Address
3920 13th Ave East, Hibbing, MN, 557463672
NTEE Category
Code: P33Z - Human services
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