Overview
What is Precious Years Learning Center?
Precious Years Learning Center is a nonprofit organization located within the community, dedicated to providing daycare services for children ranging from 6 weeks to 12 years old. With a capacity to accommodate up to 47 children, the center is accessible to the general public. The primary mission of Precious Years Learning Center is to assist local parents in their employment endeavors by offering reliable and affordable daycare services. The nonprofit operates with a strong commitment to supporting the community and contributing to its overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Precious Years Learning Center has received a Two-Star rating, indicating some concerns regarding its financial health and transparency practices. While the organization has excelled in areas like board independence and low liabilities relative to assets, significant gaps exist in transparency, as evidenced by the zero scores for financial statements and the posting of the tax form on its website.
The nonprofit shows strong commitment to its operational integrity with a fully independent board and robust conflict of interest policies. However, the lack of essential financial documentation and policies raises questions about its accountability and communication with stakeholders. This could hinder trust among potential donors and community members.
In summary, while Precious Years Learning Center demonstrates strengths in governance and program expenditure, the deficiencies in transparency and financial reporting are notable weaknesses that warrant attention. Improving these areas could enhance its overall rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Precious Years Learning Center legitimate?
Precious Years Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Years Learning 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $459,066
For more financial information, click here
What is the mission statement of Precious Years Learning Center?
Precious Years Learning Center, as a non-profit daycare center, is committed to assisting local parents in their professional pursuits. The center provides daycare services for children ranging from 6 weeks to 12 years old, catering to up to 47 children. Its primary mission is to support the community by offering reliable daycare services, thereby enabling parents to focus on their employment. The center operates with the aim of fostering a conducive environment for children's growth and learning while providing a much-needed service to the community.
Who is the CEO of Precious Years Learning Center?
Damian Smith is the President of Precious Years Learning Center.
What is the revenue of Precious Years Learning Center?
Precious Years Learning Center's revenue in 2022 was $688,212.
Who are the executives of Precious Years Learning Center and what are their salaries?
The average compensation at Precious Years Learning Center during 2022 was $28,692. There are 16 employees at Precious Years Learning Center.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Precious Years Learning Center?
Precious Years Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Precious Years Learning Center
Precious Years Learning Center, a non-profit daycare center, is committed to assisting parents in the community with their employment endeavors. Its mission is to provide daycare services for children from as young as six weeks up to twelve years old. This center, open to the general public, operates with the goal of accommodating up to 47 children. Precious Years Learning Center is not just a daycare facility, but a supportive organization that aims to contribute to the community by providing a safe and nurturing environment for the children, enabling their parents to focus on their professional commitments.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Precious Years Learning Center plays a crucial role in the Nisswa community by providing quality daycare services for up to 47 children ranging from 6 weeks to 12 years old. By offering a safe and nurturing environment, the center supports working parents in their employment endeavors, allowing them to pursue their careers with peace of mind. This impact extends beyond just childcare, as it contributes to the well-being and development of the children in their care, laying a solid foundation for their future success. Overall, Precious Years Learning Center's presence enriches the community by fostering a supportive and conducive environment for families to thrive.
This information is meant to be a general summary of Precious Years Learning 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: $496,743
- Gross Receipts: $688,212
Assets and Liabilities:
- Total Assets: $264,308
- Total Liabilities: $15,045
- Net Assets: $249,263
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$496,743
Organization Details
Founding Year
1998
Principal Officer
Damian Smith
Main Address
24646 HAZELWOOD DR, NISSWA, MN, 56468
NTEE Category
Code: P33 - Human services
If you are a representative of Precious Years Learning Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.