Overview
What is Kid's Korner Day Care Center Inc?
Kid's Korner Day Care Center Inc is a nonprofit organization dedicated to providing top-tier child care services. Located within their facilities, they accommodate approximately 84 children daily, catering to ages ranging from newborns at 6 weeks to 10-year-olds. Their primary focus is ensuring the welfare of these children, with a mission to deliver high-quality care. The center's day-to-day activities revolve around child day care services, ensuring a nurturing and supportive environment for its young patrons.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Kid's Korner Day Care Center Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is derived solely from its accountability and finance metrics, indicating a strong commitment to transparency and effective management of resources. The fiscal year reviewed is FY2022, and the center has demonstrated a commendable accountability score of 82%.
The organization excels in several key areas, including having a fully independent board, with all eight members meeting the criteria for independence. Additionally, they score perfectly for financial statements, indicating rigorous oversight and compliance. With a low liabilities-to-assets ratio of 22.12% and a high program expense ratio of nearly 88%, Kid's Korner prioritizes its mission by allocating a significant portion of its resources to programming rather than administrative costs.
While the financial practices appear robust, the single beacon score suggests that the charity might benefit from improving other operational aspects beyond financial metrics. Overall, Kid's Korner Day Care Center Inc stands out for its strong governance and financial health, making it a reliable choice for donors looking to support early childhood education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Kid's Korner Day Care Center Inc legitimate?
Kid's Korner Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kid's Korner Day Care 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,255
For more financial information, click here
What is the mission statement of Kid's Korner Day Care Center Inc?
Kid's Korner Day Care Center Inc is dedicated to serving approximately 84 children daily, offering child care services for ages ranging from 6 weeks to 10 years. The center's mission is focused on delivering high-quality care for these young individuals. The core objective of Kid's Korner Day Care Center Inc is to cater to the needs of these children, ensuring their well-being and development.
Who is the CEO of Kid's Korner Day Care Center Inc?
Anthony Miller is the Treasurer of Kid's Korner Day Care Center Inc.
What is the revenue of Kid's Korner Day Care Center Inc?
Kid's Korner Day Care Center Inc's revenue in 2022 was $593,092.
Who are the executives of Kid's Korner Day Care Center Inc and what are their salaries?
The average compensation at Kid's Korner Day Care Center Inc during 2022 was $7,842. There are 30 employees at Kid's Korner Day Care Center Inc.
Here are 8 key members and their salaries:
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- Compensation: $40,000
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- Other: $0
Where can I find the form 990 for Kid's Korner Day Care Center Inc?
Kid's Korner Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kid's Korner Day Care Center Inc
Kid's Korner Day Care Center Inc is dedicated to serving the needs of children, providing high-quality care for children as young as six weeks and up to ten years old. At the heart of their mission is the commitment to ensuring the well-being of these young individuals. The day care center caters to a diverse group of children, offering an environment that fosters growth and learning. Their mission is centered around delivering top-notch care, ensuring each child receives the attention and nurturing they need to thrive.
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Impact
July, 2024
Kid's Korner Day Care Center Inc has a significant impact on the community by providing child care services for around 84 children daily, ranging in ages from 6 weeks to 10 years. Their mission is focused on offering quality care for children, ensuring that they receive the necessary support and education during their formative years. This organization plays a crucial role in supporting families and working parents by providing a safe and nurturing environment for children to learn and grow. The impact of Kid's Korner Day Care Center Inc extends beyond just providing child care services; it contributes to the overall well-being and development of the children in their care, setting a strong foundation for their future success.
This information is meant to be a general summary of Kid's Korner Day Care 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: $184
- Program Service Revenue: $269,837
- Gross Receipts: $594,540
Assets and Liabilities:
- Total Assets: $491,590
- Total Liabilities: $108,753
- Net Assets: $382,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE SERVICES
Revenue
$258,200
FEDERAL NUTRITION PROGRAM
Revenue
$8,947
SUPPLY FEES
Revenue
$2,690
Organization Details
Founding Year
1983
Phone
(515) 532-2778Principal Officer
Anthony Miller
Main Address
210 - 2ND STREET NW, CLARION, IA, 50525
NTEE Category
Code: P33 - Human services
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