Overview
What is Flance Management Inc?
Flance Management Inc, operating under the name Flance Early Learning Center, is a not-for-profit corporation situated in St. Louis, Missouri. With a commitment to diversity, they offer innovative and high-quality care and education to a racially, culturally, developmentally, and socio-economically diverse population of children ranging from six weeks to six years. Their nurturing environment provides supportive services to families, aiming to foster the overall growth and development of the children under their care. The organization's operations are primarily funded through contributions and fees charged to the parents. With a team of 49 dedicated individuals, Flance Management Inc, through Flance Early Learning Center, strives to create a conducive environment for children, ensuring their well-being and learning journey.
Official website here: www.flancecenter.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Star rating)
Flance Management Inc, operating as Flance Early Learning Center, has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score is derived entirely from its Accountability & Finance score of 94%, indicating sound financial practices and transparency. The organization boasts a fully independent board, excellent financial oversight, and no reported material diversion of assets, showcasing a solid governance structure.
The organization excels in various financial metrics, including an impressive program expense ratio of 80.36%, which indicates that a significant portion of its expenditures directly supports its programs. Additionally, its fundraising efficiency is noteworthy, with only $0.07 spent on fundraising for each dollar raised, demonstrating effective resource management. The low liabilities to assets ratio further highlights its financial stability.
While the organization's financial health appears robust, the working capital ratio of 0.47 years may suggest some limitations in liquidity, potentially impacting its ability to respond to unexpected financial challenges. Overall, Flance Early Learning Center is positioned well with strong governance and financial practices, but some attention to liquidity might enhance its operational resilience.
This AI summary has been generated from information found on Charity Navigator.
Is Flance Management Inc legitimate?
Flance Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flance Management 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: $89,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,593,049
For more financial information, click here
Official website here: www.flancecenter.org/
What is the mission statement of Flance Management Inc?
Flance Management Inc., operating as Flance Early Learning Center, is committed to providing innovative and high-quality care and education to a diverse population of children, ranging from six weeks to six years old. This not-for-profit corporation operates in a nurturing environment that offers supportive services to families. Its mission is to cater to children from various racial, cultural, developmental, and socio-economic backgrounds, ensuring they receive the best possible care and education.
Official website here: www.flancecenter.org/
Who is the CEO of Flance Management Inc?
Evan W Fowler is the Board President of Flance Management Inc.
Official website here: www.flancecenter.org/
What is the revenue of Flance Management Inc?
Flance Management Inc's revenue in 2023 was $2,988,219.
Official website here: www.flancecenter.org/
Who are the executives of Flance Management Inc and what are their salaries?
The average compensation at Flance Management Inc during 2023 was $34,334. There are 49 employees and 83 volunteers at Flance Management Inc.
Here are 17 key members and their salaries:
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- Compensation: $89,305
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Official website here: www.flancecenter.org/
Where can I find the form 990 for Flance Management Inc?
Flance Management Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flancecenter.org/
Learn more at the official website: www.flancecenter.org/
Mission Statement of Flance Management Inc
Flance Management Inc, operating as Flance Early Learning Center, is a not-for-profit corporation dedicated to delivering innovative and high-quality care and education to a diverse population of children between the ages of six weeks and six years. Their commitment extends beyond just education, as they also provide supportive services to the families of these children, creating a nurturing environment that caters to the racial, cultural, developmental, and socio-economic backgrounds of the children they serve. The organization's mission is to foster an environment where children can grow and learn, while simultaneously offering assistance to their families, thereby contributing to the overall well-being of the community.
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Impact
July, 2024
Flance Management Inc D/B/A Flance Early Learning Center's impact is centered around providing innovative, quality care and education to a diverse population of children between the ages of six weeks and six years. They create a nurturing environment that not only supports child development but also offers supportive services to families. By offering daily care for children of working parents, Flance Early Learning Center plays a crucial role in supporting families in balancing work and childcare responsibilities. Through their commitment to providing high-quality care and education, Flance Early Learning Center helps set a strong foundation for children's future success.
This information is meant to be a general summary of Flance Management 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.
- Investment Income: $6,179
- Program Service Revenue: $1,443,071
- Gross Receipts: $2,988,219
Assets and Liabilities:
- Total Assets: $1,087,301
- Total Liabilities: $120,381
- Net Assets: $966,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,443,071
Organization Details
Founding Year
2013
Phone
(314) 881-0881Principal Officer
Evan W Fowler
Main Address
1908 OFALLON ST, ST LOUIS, MO, 63106
Website
www.flancecenter.org/NTEE Category
Code: P20 - Human services
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