Overview
What is Kid's Korner Educare Center Inc?
Kid's Korner Educare Center Inc is a nonprofit organization dedicated to empowering individuals by providing quality childcare services. Their mission is to enable employment opportunities while nurturing the growth and development of approximately 260 children from diverse families. They offer a secure, supportive, and stimulating environment, providing daycare, education, health care, nutritional support, developmental services, and character development. The center's goal is to foster a brighter tomorrow and strengthen family bonds. Kid's Korner Educare Center Inc is committed to ensuring the overall wellbeing of the children in their care.
Official website here: www.kidskorner.org
What are the reviews and ratings of this charity?
88% rating from Charity Navigator
Kid's Korner Educare Center Inc has received a Three-Star out of Four Star rating from Charity Navigator, with a strong focus on accountability and finance. The organization's overall score is solely derived from its accountability and finance measures, indicating a well-managed approach to financial oversight.
The nonprofit boasts an impressive accountability score, with full marks for having a majority of independent board members and a robust audit and oversight committee. Additionally, it demonstrates responsible financial management with a high program expense ratio of over 90%, ensuring that most funds are directed towards its core mission.
However, there is a notable limitation regarding the absence of a whistleblower policy, which could impact transparency and accountability. While the organization excels in various aspects of financial governance, addressing this gap would further enhance its overall governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Kid's Korner Educare Center Inc legitimate?
Kid's Korner Educare Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kid's Korner Educare Center 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: $188,241
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,393,629
For more financial information, click here
Official website here: www.kidskorner.org
What is the mission statement of Kid's Korner Educare Center Inc?
Kid's Korner Educare Center Inc's mission is centered around providing care for children, aiming to enable their caregivers to secure gainful employment. The center promotes education for a better future, fostering a brighter tomorrow. It also emphasizes strengthening family unity and creates a safe, supportive, and nurturing environment. This environment offers daytime care, education, health services, nutrition, developmental support, and character development to around 260 children from approximately 180 families.
Official website here: www.kidskorner.org
Who is the CEO of Kid's Korner Educare Center Inc?
Nikki Letona is the Board Chair of Kid's Korner Educare Center Inc.
Official website here: www.kidskorner.org
What is the revenue of Kid's Korner Educare Center Inc?
Kid's Korner Educare Center Inc's revenue in 2022 was $2,456,691.
Official website here: www.kidskorner.org
Who are the executives of Kid's Korner Educare Center Inc and what are their salaries?
The average compensation at Kid's Korner Educare Center Inc during 2022 was $15,662. There are 101 employees and 5 volunteers at Kid's Korner Educare Center Inc.
Here are 8 key members and their salaries:
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- Compensation: $102,737
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- Other: $15,654
- Compensation: $62,379
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- Other: $7,471
Official website here: www.kidskorner.org
Where can I find the form 990 for Kid's Korner Educare Center Inc?
Kid's Korner Educare Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kidskorner.org
Learn more at the official website: www.kidskorner.org
Mission Statement of Kid's Korner Educare Center Inc
Kid's Korner Educare Center, a nonprofit organization, is dedicated to empowering individuals by providing quality care for children. Its mission is multifaceted, aiming to enable parents to secure gainful employment while ensuring the children under their care receive an education that sets them up for a promising future. The center fosters a safe, supportive, and nurturing environment that caters to the daytime needs of approximately 260 children, hailing from 180 different families. It offers comprehensive services, encompassing education, health, nutrition, developmental support, and character development. By creating such an environment, Kid's Korner Educare Center strives to strengthen family unity, thereby contributing to the overall well-being and growth of the community.
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Impact
July, 2024
Kid's Korner Educare Center Inc's impact can be seen in the way it enables individuals to be gainfully employed by providing care for their children. By offering a safe, supportive, and nurturing environment for approximately 260 children from 180 different families in Owatonna, MN, the center plays a crucial role in supporting working parents and promoting family unity. Additionally, through its focus on education, health, nutrition, developmental services, and character development, Kid's Korner Educare Center is actively shaping a brighter future for the next generation. Their commitment to human services underscores their dedication to the well-being and development of both children and families in their community.
This information is meant to be a general summary of Kid's Korner Educare Center 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: $107
- Program Service Revenue: $2,187,660
- Gross Receipts: $2,456,691
Assets and Liabilities:
- Total Assets: $1,936,294
- Total Liabilities: $586,787
- Net Assets: $1,349,507
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$2,109,632
FOOD PROGRAM INCOME
Revenue
$78,028
Organization Details
Founding Year
1991
Phone
(507) 451-0312Principal Officer
Nikki Letona
Main Address
600 FLORENCE AVE, OWATONNA, MN, 55060
Website
www.kidskorner.orgNTEE Category
Code: P33Z - Human services
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