Overview
What is Lake Area Discovery Center?
Lake Area Discovery Center is a nonprofit organization situated in White Bear Lake, Minnesota. It primarily focuses on supporting parents and children within the local community. The center provides full enrollment opportunities for infant care and pre-kindergarten education, with a mission to teach Christian values and foster diversity. Scholarships are offered to families who would otherwise be unable to afford pre-kindergarten education. The organization serves around 800 students annually across fifteen locations, and also hosts family nights twenty times a year. Their workforce consists of 234 employees.
Official website here: www.ladcfamilies.org
What are the reviews and ratings of this charity?
Lake Area Discovery Center has earned a Four-Star out of Four Star rating from Charity Navigator, with an impressive score of 96%. This rating reflects the organization's strong performance in accountability and finance, indicating that it operates with a high level of integrity and transparency. The organization has a fully independent board and demonstrates excellent fiscal practices, with an 86.5% program expense ratio showing a commitment to directing funds towards its mission.
The accountability metrics are noteworthy, including the absence of material diversion of assets and comprehensive financial policies. The center has received full points across several areas, showcasing its commitment to best practices in governance and transparency. However, the organization has not yet provided data for impact, culture, community, and leadership metrics, which could provide a fuller picture of its effectiveness and community engagement.
User reviews from GreatNonprofits are not available, leaving a gap in public feedback that could highlight personal experiences or sentiments about the organization. Overall, the Lake Area Discovery Center stands out for its strong financial management and transparency but would benefit from additional data on its overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Area Discovery Center legitimate?
Lake Area Discovery Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Area Discovery 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: $177,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,738,080
For more financial information, click here
Official website here: www.ladcfamilies.org
What is the mission statement of Lake Area Discovery Center?
The Lake Area Discovery Center, as part of the early childhood community, aims to support both parents and children by providing an innovative environment. This environment encourages and teaches Christian values, embraces diversity, and fosters a sense of unity within the broader community. The center's mission is to operate as a creative space that nurtures these values and fosters fellowship. It serves to strengthen families and the community at large, offering pre-kindergarten education and providing scholarships to families in need. The center also organizes family nights 20 times a year, providing opportunities for interaction and shared experiences.
Official website here: www.ladcfamilies.org
Who is the CEO of Lake Area Discovery Center?
Janet Miller is the Executive Director of Lake Area Discovery Center.
Official website here: www.ladcfamilies.org
What is the revenue of Lake Area Discovery Center?
Lake Area Discovery Center's revenue in 2022 was $10,607,874.
Official website here: www.ladcfamilies.org
Who are the executives of Lake Area Discovery Center and what are their salaries?
The average compensation at Lake Area Discovery Center during 2022 was $25,282. There are 234 employees and 80 volunteers at Lake Area Discovery Center.
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Official website here: www.ladcfamilies.org
Where can I find the form 990 for Lake Area Discovery Center?
Lake Area Discovery Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ladcfamilies.org
Learn more at the official website: www.ladcfamilies.org
Mission Statement of Lake Area Discovery Center
Lake Area Discovery Center, as a key player in the early childhood community, dedicates its mission to empowering both parents and children by providing a nurturing environment that encourages the teachings of Christian values, embraces diversity, and encourages camaraderie within the broader community. This organization strives to support children from infancy through pre-kindergarten education, fostering their growth and development. Furthermore, Lake Area Discovery Center offers scholarships to families who might otherwise be unable to afford pre-kindergarten education, demonstrating its commitment to ensuring equal opportunities for all children. Additionally, the center hosts family nights 20 times a year, promoting interaction and bonding between parents and children, thereby strengthening their familial ties and overall well-being.
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Impact
July, 2024
Lake Area Discovery Center's impact is felt through its dedication to providing high-quality early childhood education and support to families in the White Bear Lake, MN area. By offering full enrollment opportunities for infants and pre-kindergarten children, as well as providing scholarships for families in need, Lake Area Discovery Center ensures that children from diverse backgrounds can access a nurturing educational environment. Additionally, the organization's focus on promoting Christian values, honoring diversity, and fostering community fellowship helps create a positive and inclusive atmosphere for both children and parents. With approximately 800 students served annually across fifteen locations, Lake Area Discovery Center plays a vital role in shaping the future of the community through education and support.
This information is meant to be a general summary of Lake Area Discovery 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.
- Investment Income: $2,363
- Program Service Revenue: $7,346,196
- Gross Receipts: $10,609,691
Assets and Liabilities:
- Total Assets: $4,010,452
- Total Liabilities: $341,239
- Net Assets: $3,669,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Early Childhood Fees
Revenue
$7,346,196
Organization Details
Founding Year
1999
Phone
(651) 762-7884Principal Officer
Janet Miller
Main Address
3770 Bellaire Ave, White Bear Lake, MN, 55110
Website
www.ladcfamilies.orgNTEE Category
Code: B21 - Education
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