Overview
What is Greater Love Childcare Development Inc?
Greater Love Childcare Development Inc, located in Indianapolis, Indiana, is a dedicated nonprofit organization with a focus on childcare. They strive to positively impact their community by offering children a nurturing and safe environment, where they can learn and grow. The organization arranges engaging field trips to various attractions like libraries, movies, STEM skating, and swimming, to enrich the children's experiences. Moreover, they extend their support to the community through initiatives such as car seat, clothing, food, and backpack giveaways. During the holiday season, Greater Love Childcare Development Inc takes it upon themselves to adopt a family in need, providing them with much-needed support. Their mission is to cultivate each child's development through creative teaching methods, planting seeds for a brighter future. With a team of 10 dedicated individuals, this nonprofit is committed to making a difference in the lives of young ones.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
Greater Love Childcare Development Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization shows strong accountability and finance practices, there are significant areas needing improvement. Notably, the organization scored a perfect 100% in accountability and finance, demonstrating a commitment to responsible financial management. However, the absence of critical financial statements and other essential policies has negatively impacted its overall evaluation.
The organization boasts a fully independent board, with all members meeting the criteria for independence, which reflects positively on its governance structure. Additionally, it has a commendable program expense ratio of 100%, showing that all of its expenses are directed toward its charitable programs. However, the lack of transparency, evidenced by missing financial documentation and policies, raises concerns about its operational effectiveness.
Despite its strengths, the nonprofit's shortcomings in governance policies, such as missing conflict of interest and whistleblower policies, along with incomplete financial transparency, suggest areas for improvement. To enhance its rating in the future, Greater Love Childcare Development Inc will need to address these gaps and establish a higher level of transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Love Childcare Development Inc legitimate?
Greater Love Childcare Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Love Childcare Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,878
For more financial information, click here
What is the mission statement of Greater Love Childcare Development Inc?
Greater Love Childcare Development Inc has a mission to positively impact their community by offering children exceptional care in a secure and nurturing environment. They achieve this by instilling developmental lessons in a creative manner, metaphorically planting seeds of growth within each child. The organization has shown its commitment to the community by providing field trips to various attractions such as the library, movies, STEM skating, and swimming. They also extend their reach through community outreach programs, offering resources like car seats, clothing, food, and backpacks during giveaways. Further demonstrating their dedication, Greater Love Childcare Development Inc adopted a family during the holiday season to provide support.
Who is the CEO of Greater Love Childcare Development Inc?
Nakisha Gaddie is the President of Greater Love Childcare Development Inc.
What is the revenue of Greater Love Childcare Development Inc?
Greater Love Childcare Development Inc's revenue in 2021 was $515,056.
Who are the executives of Greater Love Childcare Development Inc and what are their salaries?
The average compensation at Greater Love Childcare Development Inc during 2021 was $14,588. There are 10 employees at Greater Love Childcare Development Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greater Love Childcare Development Inc?
Greater Love Childcare Development Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Greater Love Childcare Development Inc
Greater Love Childcare Development Inc, a dedicated childcare organization, is committed to making a positive impact on its community. Their mission is to provide children with exceptional care in a safe and nurturing environment, fostering their growth and development through creative learning methods. By planting seeds of knowledge and values in each child, Greater Love aims to contribute to the betterment of its community as a whole.
In their pursuit of this mission, Greater Love Childcare Development Inc has implemented various initiatives. They organize field trips to enriching locations such as the Indianapolis Public Library, movie theaters, STEM skating rinks, and swimming pools, exposing children to a wide range of experiences. The organization also extends its reach beyond the classroom, providing community outreach in the form of car seat, clothing, food, and backpack giveaways. During the holiday season, Greater Love adopts a family to offer additional support, demonstrating their commitment to the well-being of children and their families.
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Impact
July, 2024
Greater Love Childcare Development Inc's impact on the community of Indianapolis is profound. By providing children with excellent care in a safe and nurturing atmosphere, they are planting seeds in each child through creatively teaching developmentally appropriate lessons. Specifically, they have organized field trips to places like the Indianapolis Public Library, movies, STEM skating, and swimming, enriching the children's learning experiences. Additionally, the organization has conducted community outreach programs such as distributing car seats, clothing, food, and backpacks. Furthermore, their initiative to adopt a family during the holidays to provide support demonstrates their commitment to making a difference in the lives of those they serve. Through these efforts, Greater Love Childcare Development Inc is truly making a positive impact on the community by investing in the well-being and development of children.
This information is meant to be a general summary of Greater Love Childcare Development 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 2021.
- Program Service Revenue: $514,996
- Gross Receipts: $515,056
Assets and Liabilities:
- Total Assets: $311,920
- Total Liabilities: $183,455
- Net Assets: $128,465
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE INCOME
Revenue
$514,996
Organization Details
Founding Year
2013
Principal Officer
Nakisha Gaddie
Main Address
4101 E 38TH STREET, INDIANAPOLIS, IN, 46218
NTEE Category
Code: T50 - Philanthropy
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