Overview
What is Loving Arms Early Learning Center?
Loving Arms Early Learning Center is a non-profit organization situated in Iowa City, Iowa. This center serves children from birth to twelve years old, providing care year-round with before-and-after school programs and summer day camps for elementary-aged children. The center's mission is centered around creating a safe and nurturing environment characterized by positivity and learning. With approximately 85 children in their care, the staff is dedicated to the belief in the family unit as a whole and is composed of exceptional individuals. The center is licensed by the Iowa Department of Human Services, ensuring high standards of care for the children it serves.
Official website here: www.lovingarmsic.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning a Two-Star out of Four Star rating. This rating indicates that Loving Arms Early Learning Center has a moderate level of accountability and financial health. While the organization scores well in areas such as having an independent board and a high program expense ratio, indicating that a significant portion of its funds is directed towards programs, it falls short in transparency and governance practices.
One notable strength of the organization is its commitment to having a completely independent board, scoring full points for both the majority of independent members and board size. Additionally, the program expense ratio of 84.87% suggests that the center effectively allocates most of its resources towards its educational programs, reflecting a strong focus on mission fulfillment.
However, there are significant areas for improvement. The lack of financial statements and several missing operational policies, such as conflict of interest and whistleblower policies, have impacted its overall score. This lack of transparency may raise concerns among potential donors and stakeholders regarding the organization's financial practices and governance. Addressing these issues could enhance its rating and public trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Loving Arms Early Learning Center legitimate?
Loving Arms Early Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loving Arms Early Learning Center 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: $540,718
For more financial information, click here
Official website here: www.lovingarmsic.com
What is the mission statement of Loving Arms Early Learning Center?
Loving Arms Early Learning Center is committed to establishing a secure and nurturing environment that encourages learning and growth. The success of the center is not solely dependent on the children but also on the belief in the significance of the family as a whole and the exceptional individuals who form their staff. The center's mission is to offer a positive learning experience, ensuring the well-being of the children while acknowledging the importance of the family unit. The center serves approximately 85 children year-round, providing before-and-after school care and summer programs for elementary-aged children, all under the supervision of the Iowa Department of Human Services.
Official website here: www.lovingarmsic.com
Who is the CEO of Loving Arms Early Learning Center?
Ashley Cooney is the Director of Loving Arms Early Learning Center.
Official website here: www.lovingarmsic.com
What is the revenue of Loving Arms Early Learning Center?
Loving Arms Early Learning Center's revenue in 2022 was $1,179,896.
Official website here: www.lovingarmsic.com
Who are the executives of Loving Arms Early Learning Center and what are their salaries?
The average compensation at Loving Arms Early Learning Center during 2022 was $5,462. There are 99 employees and 5 volunteers at Loving Arms Early Learning Center.
Here are 5 key members and their salaries:
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Official website here: www.lovingarmsic.com
Where can I find the form 990 for Loving Arms Early Learning Center?
Loving Arms Early Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lovingarmsic.com
Learn more at the official website: www.lovingarmsic.com
Mission Statement of Loving Arms Early Learning Center
Loving Arms Early Learning Center is committed to providing a nurturing environment that fosters learning and positivity for children from birth to 12 years old. The center's success is not solely based on the children, but also on the belief in the importance of the family as a whole and the exceptional individuals who make up its staff. Their mission is to create a safe and caring environment where learning thrives, recognizing the significance of the family unit in the overall development of the children under their care. The center serves approximately 85 children year-round, offering before-and-after school programs, a summer day program for elementary-aged children, and is licensed by the Iowa Department of Human Services to ensure the highest standards of care are met.
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Impact
July, 2024
Loving Arms Early Learning Center impacts the community by providing a safe and caring environment for children aged birth to 12 years. Through their programs, children are nurtured in positivity and learning, helping them develop essential skills and knowledge. Moreover, the center's focus on family involvement and dedicated staff members further enhances the quality of care and education provided. By serving approximately 85 children year-round, including before-and-after school and summer day programs, Loving Arms Early Learning Center plays a vital role in supporting working families and ensuring children have access to high-quality child care services.
This information is meant to be a general summary of Loving Arms Early Learning Center. 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: $124
- Program Service Revenue: $578,588
- Gross Receipts: $1,179,896
Assets and Liabilities:
- Total Assets: $166,287
- Total Liabilities: $26,518
- Net Assets: $139,769
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$578,588
Organization Details
Founding Year
2013
Phone
(319) 351-9531Principal Officer
Ashley Cooney
Main Address
2675 E WASHINGTON ST, IOWA CITY, IA, 52245
Website
www.lovingarmsic.comNTEE Category
Code: P33 - Human services
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