Overview
What is Kasson Mantorville Nursery Group?
Kasson Mantorville Nursery Group is a nonprofit organization situated in Kasson, Minnesota. Their primary focus lies in providing education and daycare services to children ranging from infancy to school age. With the capacity to accommodate up to 75 children, this center is licensed to cater to a wide range of age groups. Their mission encompasses offering early childhood education for preschool-aged children and daycare services for infants through school-aged children. The organization employs a team of 35 individuals, dedicated to fostering the growth and development of the children in their care.
Official website here: www.kmnurserygroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
Kasson Mantorville Nursery Group has received a low rating of 54% from Charity Navigator, which translates to a One-Star rating. This score primarily reflects significant weaknesses in its accountability and financial transparency. The organization lacks independent board members and has not provided essential financial statements, which raises concerns regarding governance and oversight.
Despite these issues, the organization does demonstrate positive financial practices, as indicated by a 100% program expense ratio, suggesting that all funds are directed toward its programs. Additionally, they have a low liabilities-to-assets ratio of 26.07%, which is a strength in terms of financial stability. However, the absence of policies regarding conflicts of interest, whistleblower protections, and document retention is a critical area needing attention.
Overall, while Kasson Mantorville Nursery Group shows commitment to its programmatic goals, its governance practices require improvement to enhance accountability and transparency. The lack of independent oversight and missing policies may hinder its ability to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kasson Mantorville Nursery Group legitimate?
Kasson Mantorville Nursery Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kasson Mantorville Nursery Group 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: $587,050
For more financial information, click here
Official website here: www.kmnurserygroup.org
What is the mission statement of Kasson Mantorville Nursery Group?
The Kasson Mantorville Nursery Group is committed to providing high-quality early childhood education for preschool-aged children and daycare services for infants up to school-aged children. Licensed to accommodate 75 children, their mission is centered around fostering the growth and development of these young individuals in a safe and nurturing environment. The group's activities encompass teaching essential skills and providing care to ensure a well-rounded foundation for these children's future learning experiences. Their goal is to support the overall development of each child, helping them to thrive and prepare for their educational journeys ahead.
Official website here: www.kmnurserygroup.org
Who is the CEO of Kasson Mantorville Nursery Group?
Katie Nelson is the President of Kasson Mantorville Nursery Group.
Official website here: www.kmnurserygroup.org
What is the revenue of Kasson Mantorville Nursery Group?
Kasson Mantorville Nursery Group's revenue in 2023 was $881,616.
Official website here: www.kmnurserygroup.org
Who are the executives of Kasson Mantorville Nursery Group and what are their salaries?
The average compensation at Kasson Mantorville Nursery Group during 2023 was $16,773. There are 35 employees at Kasson Mantorville Nursery Group.
Here are 5 key members and their salaries:
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Official website here: www.kmnurserygroup.org
Where can I find the form 990 for Kasson Mantorville Nursery Group?
Kasson Mantorville Nursery Group's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kmnurserygroup.org
Learn more at the official website: www.kmnurserygroup.org
Mission Statement of Kasson Mantorville Nursery Group
Kasson Mantorville Nursery Group, as a mission-driven organization, is committed to providing early childhood education for preschool-aged children and daycare services for infants through school-aged children. Licensee for up to 75 children, this center offers a nurturing environment where children can learn and grow. The focus of the organization is to contribute positively to the development of young minds, ensuring they receive a solid educational foundation and care during their formative years. By offering a combination of education and daycare services, Kasson Mantorville Nursery Group aims to support the overall well-being and growth of children from infancy to school age.
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Impact
July, 2024
Kasson Mantorville Nursery Group has a significant impact on the community by providing essential early childhood education and daycare services to children ranging from infants to school-aged. By offering a safe and nurturing environment for up to 75 children, the organization plays a crucial role in supporting working families and promoting the educational development of young children. Through their focus on education and care, Kasson Mantorville Nursery Group contributes to the overall well-being and growth of the children they serve, laying a strong foundation for their future success.
This information is meant to be a general summary of Kasson Mantorville Nursery Group. 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: $1,296
- Program Service Revenue: $879,705
- Gross Receipts: $883,486
Assets and Liabilities:
- Total Assets: $415,182
- Total Liabilities: $108,250
- Net Assets: $306,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$879,705
Organization Details
Phone
(507) 634-4550Principal Officer
Katie Nelson
Main Address
409 8TH ST NW, KASSON, MN, 55944
Website
www.kmnurserygroup.orgNTEE Category
Code: B21 - Education
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