Overview
What is K And N Learning Centers Inc?
K And N Learning Centers Inc, operating under the name New Adventures Learning-Prescott, is a nonprofit organization located in Prescott, Wisconsin. Their primary focus is to offer high-quality child care and preschool services to parents in the area and its vicinity. Established with a mission to provide a safe, stimulating environment for children from six weeks to twelve years old, they cater to families who may need financial assistance with tuition, as Pierce County offers subsidies for eligible parents. With a dedicated workforce of 77 employees, K And N Learning Centers Inc plays a significant role in supporting the community's families and children.
Official website here: www.newadventureslearningcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
K And N Learning Centers Inc has received a Two-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and finance. The organization shows strengths in governance, with an independent board that scores full points for size and majority independence. Additionally, it maintains a strong program expense ratio of 93.27%, suggesting that a significant portion of its funds is directed toward its educational programs.
However, the organization faces notable challenges in financial transparency, as indicated by the lack of points for financial statements and specific governance policies such as conflict of interest and document retention. This could raise concerns about the overall financial management and operational transparency of the nonprofit.
Despite these limitations, the organization demonstrates a commitment to its mission through high program spending and effective asset management, reflected in a favorable liabilities to assets ratio of 36.04%. Overall, K And N Learning Centers Inc shows potential, but improvements in financial reporting and governance practices are necessary for a stronger evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is K And N Learning Centers Inc legitimate?
K And N Learning Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. K And N Learning Centers 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: $59,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $637,513
For more financial information, click here
Official website here: www.newadventureslearningcenter.org
What is the mission statement of K And N Learning Centers Inc?
K And N Learning Centers Inc's mission is centered around providing top-notch child care and preschool services to parents in a specific area, although the exact location is not specified in the information provided. Their primary objective is to offer a safe, educationally stimulating environment for children aged from six weeks to twelve years old. The center also extends support to parents who may not be able to afford the tuition through subsidies provided by Pierce County. In essence, K And N Learning Centers Inc is committed to nurturing and educating young children while easing the financial burden on their parents.
Official website here: www.newadventureslearningcenter.org
Who is the CEO of K And N Learning Centers Inc?
Tracy Collins is the President/Ex of K And N Learning Centers Inc.
Official website here: www.newadventureslearningcenter.org
What is the revenue of K And N Learning Centers Inc?
K And N Learning Centers Inc's revenue in 2022 was $1,342,436.
Official website here: www.newadventureslearningcenter.org
Who are the executives of K And N Learning Centers Inc and what are their salaries?
The average compensation at K And N Learning Centers Inc during 2022 was $9,053. There are 77 employees at K And N Learning Centers Inc.
Here are 4 key members and their salaries:
- Compensation: $59,556
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newadventureslearningcenter.org
Where can I find the form 990 for K And N Learning Centers Inc?
K And N Learning Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newadventureslearningcenter.org
Learn more at the official website: www.newadventureslearningcenter.org
Mission Statement of K And N Learning Centers Inc
K And N Learning Centers Inc is committed to providing top-notch child care and preschool services to parents in Wisconsin and its surrounding areas. Their primary objective is to ensure that children from the age of six weeks to twelve years old receive safe and educationally stimulating care. The organization strives to create an environment that fosters learning and growth, providing a nurturing space where children can thrive. Furthermore, Pierce County offers subsidies for parents who cannot afford the tuition, making quality child care more accessible to a wider range of families. In essence, K And N Learning Centers Inc is dedicated to supporting the needs of children and their parents by providing high-quality early education and care.
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Impact
July, 2024
K And N Learning Centers Inc's impact lies in providing a safe and educationally stimulating environment for children aged 6 weeks to 12 years old in Prescott, Wisconsin, and the surrounding area. By offering quality child care and preschool services, this organization plays a crucial role in supporting working parents in the community. Additionally, by working with Pierce County to offer subsidies for parents who cannot afford tuition, K And N Learning Centers Inc ensures that all children have access to the care and education they deserve. Through their mission of providing educational opportunities for young children, K And N Learning Centers Inc contributes to the overall well-being and development of the community.
This information is meant to be a general summary of K And N Learning Centers 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: $929
- Program Service Revenue: $1,309,666
- Gross Receipts: $1,342,436
Assets and Liabilities:
- Total Assets: $1,420,485
- Total Liabilities: $599,010
- Net Assets: $821,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$1,050,631
CHILD CARE COUNTS
Revenue
$238,150
PIERCE CTY TUITION SUBSIDIES
Revenue
$20,414
FIELD TRIPS
Revenue
$471
Organization Details
Founding Year
2010
Phone
(715) 262-4245Principal Officer
Tracy Collins
Main Address
1051 ORRIN ROAD, PRESCOTT, WI, 54021
NTEE Category
Code: B20 - Education
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