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Kool Kidz World Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454573626 ✦ Maple shade, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Kool Kidz World Inc?

Kool Kidz World Inc, located in Maple Shade, New Jersey, is a nonprofit childcare center dedicated to offering affordable and high-quality services to families. Their operations encompass various expenses such as rent, utilities, licensing, insurance, repairs, maintenance, program expenses, office supplies, and payroll. The organization's primary mission is to provide a fun and educational environment for children, fostering learning in an affordable manner. With around 40 employees, Kool Kidz World Inc strives to prioritize the wellbeing and growth of the children under their care.


Official website here: www.koolkidzworld.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two Stars (Needs Improvement)

Kool Kidz World Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization has room for improvement despite some strengths in its accountability and finance. The charity scored 70% overall, primarily benefiting from a perfect score in accountability and finance, which reflects good practices in financial management and transparency. Its program expense ratio is notably high at 99.97%, suggesting that almost all funds are directed towards its mission-related activities.

However, the organization has significant weaknesses that impacted its overall rating. One of the most critical issues is the lack of independent board members, scoring 0% in this category, which raises concerns about governance and oversight. Additionally, there are no available financial statements, which may limit external assessment of the charity's financial health and operations.

Despite these limitations, Kool Kidz World Inc appears to have implemented several key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which are all listed and compliant. Moving forward, enhancing board independence and providing financial statements would be vital steps toward improving the charity's rating and overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Kool Kidz World Inc?

92% of 22 reviewers on Facebook recommend Kool Kidz World Inc. Here is a summary of their reviews:

Many parents express their deep appreciation for the accommodating nature of the staff, making it easier to balance schedules. The care provided for young children, particularly toddlers, is highlighted as a strong point, with parents feeling confident that their little ones are in safe and nurturing hands.

Overall, the sentiment is overwhelmingly positive, with families feeling satisfied and supported by the services offered. It's clear that Kool Kidz World Inc. not only meets but exceeds expectations when it comes to caring for children.


This AI summary has been generated from reviews found on Facebook.

Is Kool Kidz World Inc legitimate?

Kool Kidz World Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kool Kidz World 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: $70,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $156,496

For more financial information, click here


Official website here: www.koolkidzworld.org

What is the mission statement of Kool Kidz World Inc?

Kool Kidz World Inc, as a non-profit childcare center, is committed to providing an enjoyable and affordable learning environment for children. Their mission, expressed in the third person, is to deliver high-quality childcare services at affordable rates. This mission is achieved through providing a fun and engaging learning experience for the children, while managing expenses such as rent, utilities, licensing, insurance, repairs, and maintenance. The center's activities cover various expenses, including program expenses, office supplies, and materials, as well as payroll for its staff. Overall, Kool Kidz World Inc strives to offer a nurturing environment where children can learn and grow at an affordable cost for their families.


Official website here: www.koolkidzworld.org

Who is the CEO of Kool Kidz World Inc?

Julia Martinez is the Director of Kool Kidz World Inc.


Official website here: www.koolkidzworld.org

What is the revenue of Kool Kidz World Inc?

Kool Kidz World Inc's revenue in 2022 was $942,931.


Official website here: www.koolkidzworld.org

Who are the executives of Kool Kidz World Inc and what are their salaries?

The average compensation at Kool Kidz World Inc during 2022 was $5,669. There are 40 employees at Kool Kidz World Inc.


Here are 4 key members and their salaries:


Julia Martinez (Director)
  • Compensation: $70,250
  • Related: $0
  • Other: $0
Carlos Negron (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita Henry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Martinez (Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.koolkidzworld.org

Where can I find the form 990 for Kool Kidz World Inc?

Kool Kidz World Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.koolkidzworld.org

Learn more at the official website: www.koolkidzworld.org

Mission Statement of Kool Kidz World Inc

Kool Kidz World, a non-profit childcare center, is dedicated to providing an enjoyable and affordable learning experience for children. The organization's mission is to deliver high-quality childcare services at reasonable prices. Kool Kidz World strives to ensure that every family can afford this essential service, managing expenses meticulously to keep costs low while maintaining the highest standards of care. This includes covering expenses such as rental, utilities, licensing, insurance, repairs and maintenance, program expenses, office supplies, and materials, as well as payroll expenses. The organization is committed to offering an enriching and affordable learning environment for children, embodying the phrase, "Fun, Affordable Learning the Kool Kidz Way."

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Impact




July, 2024

Kool Kidz World Inc's impact is significant in providing quality and affordable childcare services to families in Maple Shade, NJ. The organization plays a crucial role in supporting working parents by offering a safe and educational environment for their children. Through its mission of "Fun affordable learning the Kool Kidz Way," Kool Kidz World Inc helps in nurturing children's development and easing the burden of childcare expenses for families in the community. This impact contributes to the overall well-being and stability of families who rely on their services.




This information is meant to be a general summary of Kool Kidz World 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.

Revenue
$942,931 (2022)
Expenses
$910,603 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $942,931
  • Gross Receipts: $942,931

Assets and Liabilities:

  • Total Assets: $139,086
  • Total Liabilities: $0
  • Net Assets: $139,086

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Daycare center

Revenue

$942,931

Organization Details

Founding Year

2010

Principal Officer

Julia Martinez

Main Address

455 Route 38 West, Maple Shade, NJ, 08052

NTEE Category

Code: P33 - Human services

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