Overview
What is The Learning Funhouse Inc?
The Learning Funhouse Inc, located in Bird Island, Minnesota, is a nonprofit organization that centers around providing childcare services. With a mission to cater to over 60 families in the community, the organization operates a daycare center, ensuring the well-being and development of young children. Their primary activity is focused on offering a nurturing environment for these children, contributing positively to their growth and development.
Official website here: www.learningfunhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Learning Funhouse Inc has received a three-star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization's overall score is exclusively derived from its accountability metrics, showcasing a commitment to transparency and responsible financial practices.
Strengths of The Learning Funhouse Inc include a fully independent board, with all 10 members meeting the criteria, which enhances governance. The charity also demonstrates prudent management of its assets with a low liability-to-asset ratio of 52.72% and an impressive program expense ratio of 99.01%, indicating that nearly all funds are directed towards its programs rather than administrative costs.
However, there are areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy, which could enhance the organization's governance framework. These missing policies suggest a need for further development in risk management practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Learning Funhouse Inc legitimate?
The Learning Funhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Funhouse 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: $39,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,932
For more financial information, click here
Official website here: www.learningfunhouse.org
What is the mission statement of The Learning Funhouse Inc?
The Learning Funhouse Inc's mission is centered around operating a daycare center, serving a diverse group of over 60 families. Their primary objective is to provide high-quality childcare services, catering to the needs of young children in their community. The organization's mission is geared towards ensuring the well-being and development of these children, fostering a safe and nurturing environment that allows them to grow and thrive.
Official website here: www.learningfunhouse.org
Who is the CEO of The Learning Funhouse Inc?
Mark Glesener is the Director of The Learning Funhouse Inc.
Official website here: www.learningfunhouse.org
What is the revenue of The Learning Funhouse Inc?
The Learning Funhouse Inc's revenue in 2022 was $511,010.
Official website here: www.learningfunhouse.org
Who are the executives of The Learning Funhouse Inc and what are their salaries?
The average compensation at The Learning Funhouse Inc during 2022 was $14,937. There are 23 employees at The Learning Funhouse Inc.
Here are 7 key members and their salaries:
- Compensation: $39,617
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.learningfunhouse.org
Where can I find the form 990 for The Learning Funhouse Inc?
The Learning Funhouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.learningfunhouse.org
Learn more at the official website: www.learningfunhouse.org
Mission Statement of The Learning Funhouse Inc
The Learning Funhouse Inc, a nonprofit organization, is dedicated to its mission of operating a daycare center. This mission involves providing essential childcare services to a diverse array of families residing in the community. With over 60 families under its care, The Learning Funhouse Inc plays a significant role in nurturing and supporting the young minds of Bird Island, MN. The organization's primary goal is to ensure that every child in its care receives the care and attention they require, fostering their growth and development in a safe and nurturing environment. The Learning Funhouse Inc is committed to making a positive impact on the lives of these children, contributing to a stronger and more vibrant community.
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Impact
July, 2024
The Learning Funhouse Inc's impact can be seen in its provision of essential childcare services to over 60 families in the Bird Island, MN community. By operating a daycare center, The Learning Funhouse is not only supporting working parents but also contributing to the overall well-being and development of the children under its care. Overall, the organization plays a vital role in ensuring that families in Bird Island have access to quality childcare services.
This information is meant to be a general summary of The Learning Funhouse 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.
- Program Service Revenue: $338,760
- Gross Receipts: $511,010
Assets and Liabilities:
- Total Assets: $127,797
- Total Liabilities: $81,515
- Net Assets: $46,282
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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
$338,760
Organization Details
Founding Year
1999
Phone
(320) 365-3600Principal Officer
Mark Glesener
Main Address
PO BOX 151, BIRD ISLAND, MN, 55310
Website
www.learningfunhouse.orgNTEE Category
Code: T70 - Philanthropy
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