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Educare Of Lincoln Inc

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

EIN: 460568146 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Educare Of Lincoln Inc?

Educare of Lincoln Inc. is a nonprofit organization situated in Lincoln, Nebraska, specifically at 3435 N 14th St. Their primary mission is to provide high-quality early childhood education and all-day, year-round care for economically disadvantaged children from birth to age five. This research-based program aims to prepare young, at-risk children for school, fostering their early learning and communicating the importance of investing in the first five years of life. The innovative partnership between the public and private sectors aims to create a more efficient and effective early learning program. By showcasing what quality early learning looks like, Educare of Lincoln Inc. seeks to influence policymakers, business leaders, and early childhood providers, ultimately driving positive change in the field. The organization employs 83 individuals in its mission to help young children thrive socially, emotionally, and academically.


Official website here: www.home.lps.org/educarelincoln/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Educare Of Lincoln Inc has received a commendable Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial health. This high score is based entirely on their robust financial practices, showcasing transparent operations and effective governance, with a particular emphasis on a completely independent board.

The organization demonstrates a strong commitment to financial integrity, evidenced by a low ratio of liabilities to assets and high program expense ratio, signaling that a significant portion of its funds directly supports its mission. Additionally, their fundraising efficiency is notable, with minimal costs associated with generating donations, which further highlights their operational effectiveness.

While the data is overwhelmingly positive, the summary does not indicate any specific challenges or areas needing improvement. Overall, Educare Of Lincoln Inc stands out as a responsible and effective nonprofit, making efficient use of its resources to fulfill its mission.


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

Is Educare Of Lincoln Inc legitimate?

Educare Of Lincoln Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educare Of Lincoln 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: $196,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,386,978

For more financial information, click here


Official website here: www.home.lps.org/educarelincoln/

What is the mission statement of Educare Of Lincoln Inc?

Educare of Lincoln Inc's mission is centered around providing quality early childhood education to economically disadvantaged children from birth to age five. The goal is to help these young children thrive socially, emotionally, and academically. This is achieved through a research-based program designed to prepare at-risk children for school. The organization also fosters a nurturing environment for early learning, sending a strong message about the importance of investing in the first five years. Educare of Lincoln Inc. is an innovative partnership between the public and private sectors, aiming to create a more efficient and effective early learning program. Moreover, the organization serves as a compelling platform to drive change among policymakers, business leaders, and early childhood providers by demonstrating what quality early learning looks like.


Official website here: www.home.lps.org/educarelincoln/

Who is the CEO of Educare Of Lincoln Inc?

Sherri Jones is the President of Educare Of Lincoln Inc.


Official website here: www.home.lps.org/educarelincoln/

What is the revenue of Educare Of Lincoln Inc?

Educare Of Lincoln Inc's revenue in 2023 was $4,561,028.


Official website here: www.home.lps.org/educarelincoln/

Who are the executives of Educare Of Lincoln Inc and what are their salaries?

The average compensation at Educare Of Lincoln Inc during 2023 was $31,127. There are 83 employees and 12 volunteers at Educare Of Lincoln Inc.


Here are 15 key members and their salaries:


Sherri Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Veak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Rasmussen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Kostelnik (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Farnworth (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Temme (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Linda Hix (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Sahling-Zart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Prokop (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorenzo Ball Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Schmitz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Douglas (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Ward (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Paul Gausman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quentin Brown (Executive Director)
  • Compensation: $161,939
  • Related: $0
  • Other: $13,282


Official website here: www.home.lps.org/educarelincoln/

Where can I find the form 990 for Educare Of Lincoln Inc?

Educare Of Lincoln Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.home.lps.org/educarelincoln/

Learn more at the official website: www.home.lps.org/educarelincoln/

Mission Statement of Educare Of Lincoln Inc

Educare of Lincoln Inc, an early childhood center, is committed to helping economically disadvantaged children from birth to age five thrive socially, emotionally, and academically. Their mission is achieved through high-quality early childhood education. This research-based program, uniquely designed to support young, at-risk children, nurtures early learning and sends a strong message about the importance of investing in the first five years of a child's life.

In partnership with families and the community, Educare of Lincoln Inc creates an innovative partnership between the public and private sectors, aiming to create a more efficient and effective early learning program. By showcasing what quality early learning looks like, this organization serves as a compelling platform to drive change among policymakers, business leaders, and early childhood providers. It encourages them to prioritize early childhood education, understanding its significant impact on a child's future development.

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Impact




July, 2024

Educare of Lincoln Inc has a significant impact on the lives of economically disadvantaged children from birth to age five by providing all-day, year-round care and education. This pioneering early childhood center offers research-based programs that prepare at-risk children for school, nurturing early learning and emphasizing the importance of investing in the first five years of a child's life. By fostering partnerships between public and private sectors, Educare of Lincoln Inc exemplifies a more efficient and effective early learning model. Moreover, it serves as a powerful advocate for policy change, influencing policymakers, business leaders, and early childhood providers by showcasing the transformative impact of quality early learning programs. Through its mission to help young children thrive socially, emotionally, and academically, in collaboration with families and the community, Educare of Lincoln Inc is making a lasting impact on the future of education and the well-being of children.




This information is meant to be a general summary of Educare Of Lincoln 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
$4,561,028 (2023)
Expenses
$4,227,585 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $97,622
  • Program Service Revenue: $4,935
  • Gross Receipts: $4,561,028

Assets and Liabilities:

  • Total Assets: $10,158,544
  • Total Liabilities: $229,277
  • Net Assets: $9,929,267

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Programs

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

EARLY CHILDHOOD EDUCAT

Revenue

$4,935

Organization Details

Founding Year

2012

Principal Officer

Sherri Jones

Main Address

3435 N 14TH ST, LINCOLN, NE, 68521

NTEE Category

Code: B28 - Education

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