Overview
What is Kids-R-It Incorporated?
Kids-R-It Incorporated is a nonprofit organization situated in Worthington, Minnesota, specifically at 1118 Johnson Avenue. The primary focus of this organization is to support the holistic development of children, helping them make wise decisions, manage emotions, think critically, communicate effectively, share and cooperate with others, and develop a positive attitude towards both success and failure. The school operates year-round, serving approximately 100-150 infants, toddlers, preschoolers, and school-age children daily. With a staff of 37 dedicated individuals, Kids-R-It Incorporated fosters an environment that encourages each child's unique growth through discovery and creativity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Kids-R-It Incorporated has received a low rating of 52%, which reflects significant concerns regarding accountability and financial practices. The organization failed to have any independent board members, which is critical for ensuring impartial governance. Moreover, important policies such as conflict of interest, whistleblower, and document retention are missing, contributing to the overall low score in accountability.
Despite these governance issues, the charity demonstrates a strong commitment to its programs, with a program expense ratio of 72.39%, indicating that a majority of its expenses are directed towards fulfilling its mission. Additionally, the organization has a favorable liabilities to assets ratio of 6.88%, suggesting it maintains a stable financial position. However, the absence of financial statements and other critical documentation raises red flags about transparency.
Overall, while Kids-R-It Incorporated shows a dedication to its programming, the lack of independent oversight and essential governance policies detracts from its overall credibility and trustworthiness. Stakeholders and potential donors should consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kids-R-It Incorporated legitimate?
Kids-R-It Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids-R-It Incorporated 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: $522,304
For more financial information, click here
What is the mission statement of Kids-R-It Incorporated?
Kids-R-It Incorporated's mission is centered around educating and nurturing young learners. The school caters to around 100-150 infants, toddlers, preschoolers, and school-age children daily, providing a year-round learning environment. The primary objective of the school is to aid children in making informed decisions, managing their emotions, and developing crucial social skills such as communication, sharing, and cooperation. The curriculum is designed to foster a sense of right and wrong, resilience, and the ability to accept both success and failure. Through discovery and creativity, the curriculum encourages each child to grow and develop at their own pace, nurturing their unique personalities.
Who is the CEO of Kids-R-It Incorporated?
Pam Duffy is the President of Kids-R-It Incorporated.
What is the revenue of Kids-R-It Incorporated?
Kids-R-It Incorporated's revenue in 2022 was $705,996.
Who are the executives of Kids-R-It Incorporated and what are their salaries?
The average compensation at Kids-R-It Incorporated during 2022 was $14,116. There are 37 employees at Kids-R-It Incorporated.
Here are 3 key members and their salaries:
- Compensation: $94,786
- Related: $0
- Other: $0
- Compensation: $53,458
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kids-R-It Incorporated?
Kids-R-It Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kids-R-It Incorporated
Kids-R-It Incorporated is dedicated to serving a diverse group of children, ranging from infants to school-age individuals, every day of the year. The organization's mission is multifaceted, focusing on fostering the holistic development of each child. Through a curriculum that promotes discovery and creativity, Kids-R-It Incorporated helps children make wise decisions, manage their emotions, develop communication skills, learn to share and cooperate with others, and understand the concepts of right and wrong. The school's approach allows each child to grow at their own pace, embracing their unique qualities. By providing a supportive environment, Kids-R-It Incorporated empowers its students to accept both success and failure as learning opportunities.
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Impact
July, 2024
Kids-R-It Incorporated has a significant impact on the community of Worthington, MN, by providing a safe and nurturing environment for 100-150 infants, toddlers, pre-schoolers, and school-age children each day, Monday through Friday. The school's curriculum focuses on helping children develop essential skills such as decision-making, emotional management, critical thinking, communication, and social interaction. Through a combination of guided learning and creativity, Kids-R-It supports each child in their unique development journey at their own pace. This organization plays a crucial role in shaping children's attitudes, values, and abilities, laying a strong foundation for their future success and well-being.
This information is meant to be a general summary of Kids-R-It Incorporated. 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: $1,944
- Program Service Revenue: $621,758
- Gross Receipts: $705,996
Assets and Liabilities:
- Total Assets: $1,711,188
- Total Liabilities: $117,747
- Net Assets: $1,593,441
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE TUITION
Revenue
$567,607
STATE FOOD PROGRAM
Revenue
$54,151
Organization Details
Founding Year
1995
Principal Officer
Pam Duffy
Main Address
1118 JOHNSON AVE, Worthington, MN, 56187
NTEE Category
Code: P30 - Human services
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