Overview
What is Alices Rainbow Childcare Centers?
Alices Rainbow Childcare Centers is a non-profit organization situated in Iowa City, Iowa, specifically at 421 Melrose Ave, IA 52246. Its primary focus is providing childcare and educational services to children between the ages of two and six years old. The center operates five days a week, accommodating approximately 60 children. It is licensed by the Iowa Department of Human Services and adheres to stringent regulations, ensuring a safe and nurturing environment for the children in its care. The center's mission is to nurture and educate young minds, providing them with essential skills and knowledge to build a strong foundation for their future. With a dedicated team of 53 employees, Alices Rainbow Childcare Centers strives to contribute positively to the development and growth of its young learners.
Official website here: www.arainbowcc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Alice's Rainbow Childcare Centers demonstrates some strengths in accountability and finance, it falls short in several key areas of governance and policy adherence.
The organization has a solid score in areas such as the independence of its board members and the effective management of its assets. Notably, it scored full points for the percentage of independent board members and for maintaining a favorable liabilities to assets ratio, which signifies financial stability.
However, significant concerns arise from the lack of essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, the absence of the nonprofit's tax forms on its website reflects a need for improved transparency and accessibility of financial information to the public. These limitations suggest that while there are positive aspects to the organization's financial management, it requires enhancements in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Alices Rainbow Childcare Centers legitimate?
Alices Rainbow Childcare Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alices Rainbow Childcare Centers 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: $374,529
For more financial information, click here
Official website here: www.arainbowcc.com
What is the mission statement of Alices Rainbow Childcare Centers?
Alices Rainbow Childcare Centers is dedicated to providing non-profit childcare and educational services for children aged between two and six years. The center's mission is to foster the growth and development of these young individuals in a nurturing environment. The facility, licensed by the Iowa Department of Human Services, operates five days a week, catering to approximately 60 children, offering them a structured program designed to support their early learning and social skills. The primary focus of Alices Rainbow Childcare Centers is to provide a safe and enriching environment that promotes overall well-being and prepares children for their future educational journey.
Official website here: www.arainbowcc.com
What is the revenue of Alices Rainbow Childcare Centers?
Alices Rainbow Childcare Centers's revenue in 2024 was $453,552.
Official website here: www.arainbowcc.com
Who are the executives of Alices Rainbow Childcare Centers and what are their salaries?
The average compensation at Alices Rainbow Childcare Centers during 2024 was $8,142. There are 46 employees and 5 volunteers at Alices Rainbow Childcare Centers.
Here are 5 key members and their salaries:
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Official website here: www.arainbowcc.com
Where can I find the form 990 for Alices Rainbow Childcare Centers?
Alices Rainbow Childcare Centers's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.arainbowcc.com
Learn more at the official website: www.arainbowcc.com
Mission Statement of Alices Rainbow Childcare Centers
Alices Rainbow Childcare Centers is a non-profit organization dedicated to providing childcare and educational services to children aged between two and six years. The center's mission is to offer a nurturing and educational environment for these young individuals, aiming to contribute positively to their early childhood development. The facility is open five days a week, accommodating approximately 60 children, and is licensed by the Iowa Department of Human Services. The center's activities are geared towards fostering a well-rounded development of the children in its care, encompassing both their cognitive and emotional growth.
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Impact
July, 2024
Alice's Rainbow Childcare Center in Iowa City, IA, positively impacts the community by providing a nurturing and educational environment for children aged two to six years old. By offering affordable childcare services, the center allows parents to work or attend school, contributing to the local economy and empowering families. Additionally, the educational programs offered help children develop essential skills and knowledge during their formative years, setting them up for future academic success. Through its commitment to serving approximately 60 children, Alice's Rainbow Childcare Center plays a crucial role in supporting families and promoting child development in the community.
This information is meant to be a general summary of Alices Rainbow Childcare Centers. 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 2024.
- Investment Income: $3,690
- Program Service Revenue: $408,880
- Gross Receipts: $453,552
Assets and Liabilities:
- Total Assets: $203,687
- Total Liabilities: $469
- Net Assets: $203,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$408,880
Organization Details
Founding Year
1972
Principal Officer
Luke A Rohl
Website
www.arainbowcc.comNTEE Category
Code: P33 - Human services
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