Overview
What is Eyota Kids Korner Inc?
Eyota Kids Korner Inc is a nonprofit organization situated in Eyota, Minnesota, with a strong commitment to providing high-quality childcare services for the community. Their mission is to foster creativity and intellectual growth in children, enhancing their knowledge, basic concepts, and skills, as well as improving their verbal expressions and thoughts through engaging activities. With a dedicated team of 38 employees, they offer an exemplary childcare experience to the community, striving to make a positive impact on the young minds they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 67%)
Eyota Kids Korner Inc has received a two-star rating from Charity Navigator, indicating that while there are some strengths, there are notable areas for improvement. The organization has a high program expense ratio of 92.54%, showcasing a commitment to allocating funds towards its programs, which is a positive sign for donors looking for effective use of their contributions.
However, the nonprofit faces significant challenges in transparency and governance. It lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention guidelines, which are critical for maintaining accountability. Additionally, financial statements are not available, which raises concerns about the organization’s overall financial health and reporting practices.
Despite these limitations, Eyota Kids Korner Inc has a fully independent board, which is advantageous for governance. The organization must address the missing documentation and policies to enhance its credibility and operational effectiveness, as these are essential for building trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Eyota Kids Korner Inc legitimate?
Eyota Kids Korner Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eyota Kids Korner 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: $108,873
Professional Fundraising Fees: $8,356
Other Salaries and Wages: $377,956
For more financial information, click here
What is the mission statement of Eyota Kids Korner Inc?
Eyota Kids Korner Inc's mission is centered around providing high-quality child care within the community. They aim to foster creativity and intellectual development in children, while also enhancing their knowledge of basic concepts and skills. The organization places a strong emphasis on enhancing verbal expressions and thoughts, ensuring a holistic approach to child development. They achieve this goal through excellent teaching methods and engaging creative activities.
What is the revenue of Eyota Kids Korner Inc?
Eyota Kids Korner Inc's revenue in 2024 was $759,742.
Who are the executives of Eyota Kids Korner Inc and what are their salaries?
The average compensation at Eyota Kids Korner Inc during 2024 was $12,811. There are 38 employees at Eyota Kids Korner Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Eyota Kids Korner Inc?
Eyota Kids Korner Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Eyota Kids Korner Inc
Eyota Kids Korner Inc is committed to providing exceptional child care to its community. Their mission is to foster creativity and intellectual development in children, encouraging them to expand their knowledge, grasp basic concepts, and enhance their skills. This includes enhancing verbal expressions and thoughts, ensuring a holistic growth for the children under their care. Through excellent teaching and creative activities, Eyota Kids Korner Inc aims to make a significant impact on the community's young minds.
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Impact
July, 2024
Eyota Kids Korner Inc's impact is significant in the community as it provides vital child care services that encourage creativity, intellectual development, and the acquisition of knowledge, basic concepts, and skills. By offering exemplary child care through excellent teaching and creative activities, Eyota Kids Korner Inc plays a crucial role in nurturing children's verbal expressions and thoughts. This organization's presence in Eyota, MN, stands as a testament to its commitment to serving the community by promoting the holistic growth and development of children, embodying its mission of providing child care that fosters creativity and intellectual advancement.
This information is meant to be a general summary of Eyota Kids Korner 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 2024.
- Investment Income: $115
- Program Service Revenue: $667,234
- Gross Receipts: $759,742
Assets and Liabilities:
- Total Assets: $229,383
- Total Liabilities: $15,187
- Net Assets: $214,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM INCOME
Revenue
$14,387
TUITION INCOME
Revenue
$634,120
EARLY LEARNING SCHOLARS
Revenue
$18,727
Organization Details
Founding Year
1990
Principal Officer
Cassie Stratton
NTEE Category
Code: P33 - Human services
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