Overview
What is Kids Light Inc?
Kids Light Inc is a nonprofit organization dedicated to providing charitable childcare services for at-risk children. Their mission is to support children whose parents lack the means to care for them after school. This organization operates a childcare center to cater to these needs, offering a safe and nurturing environment for these children. With the primary focus on at-risk children, Kids Light Inc plays a vital role in ensuring these children receive the necessary care and attention they require.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%). This rating indicates that while Kids Light Inc has some positive aspects, such as a high program expense ratio of nearly 96%, there are significant areas of concern regarding its governance and financial transparency.
The organization lacks independent board members, which reflects negatively on its accountability. Additionally, it has not provided financial statements, impacting its score in the accountability and finance category. However, it does have a conflict of interest policy in place and maintains documentation of board meeting minutes.
Despite these weaknesses, the nonprofit has demonstrated good financial management with a low liabilities to assets ratio, suggesting it is not over-leveraged. Overall, while Kids Light Inc is effectively utilizing its resources for its programs, improvements in governance and transparency are necessary for a stronger rating and greater public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kids Light Inc legitimate?
Kids Light Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids Light 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: $156,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,293
For more financial information, click here
What is the mission statement of Kids Light Inc?
Kids Light Inc is established with a mission to operate a charitable child care center, serving as a resource for at-risk children. The organization aims to assist children whose parents are financially incapable of providing care after school hours. The primary activity of Kids Light Inc involves providing child care services to these vulnerable children, ensuring their safety and well-being during their parents' unavailability. The corporation's mission is centered around providing a supportive environment for these children, thereby alleviating their parents' concerns about their children's welfare after school.
What is the revenue of Kids Light Inc?
Kids Light Inc's revenue in 2023 was $719,471.
Who are the executives of Kids Light Inc and what are their salaries?
The average compensation at Kids Light Inc during 2023 was $28,229. There are 10 employees and 4 volunteers at Kids Light Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $156,000
- 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 Kids Light Inc?
Kids Light Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kids Light Inc
Kids Light Inc, a nonprofit organization, is dedicated to providing charitable child care services for at-risk children whose parents lack the means to care for them after school. Established with a mission in mind, Kids Light Inc operates a child care center aimed at benefiting those children who are most in need. By offering this essential service, the organization seeks to fill a gap and provide a safe and nurturing environment for these vulnerable children. The corporation's mission is to ensure that these children have the necessary support and care they need, even when their parents are unable to provide it. This commitment to at-risk children and their families represents the heart of Kids Light Inc's mission.
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Impact
July, 2024
Kids Light Inc's impact is significant in providing crucial child care services to at-risk children whose parents are unable to care for them after school. By operating a charitable child care center, Kids Light Inc is ensuring that these vulnerable children have a safe and nurturing environment to thrive in, offering support to families in need and potentially breaking the cycle of hardship. This initiative not only addresses immediate childcare needs but also contributes to the overall well-being and future prospects of these children, making a positive difference in their lives and the community as a whole.
This information is meant to be a general summary of Kids Light 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 2023.
- Program Service Revenue: $719,471
- Gross Receipts: $719,471
Assets and Liabilities:
- Total Assets: $30,052
- Total Liabilities: $9,658
- Net Assets: $20,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Service Fee
Revenue
$760,333
Refund to TX Department of Agriculture
Revenue
-$40,862
Organization Details
Founding Year
2006
Principal Officer
Robbie Pourbahrami
NTEE Category
Code: P20 - Human services
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