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Ctk Cares Inc

Ctk Kids Learning Center

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

EIN: 464445322 ✦ North olmsted, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ctk Cares Inc?

Ctk Cares Inc, operating as CTK Kids Learning Center, is a nonprofit organization located in North Olmsted, Ohio. With a team of 25 dedicated individuals, its primary mission is to provide affordable, high-quality childcare services that foster hands-on learning experiences, emotional awareness, social skill development, and physical growth. By offering this service, the organization enables parents with low to moderate incomes to maintain employment. The childcare environment is nurturing and grounded in Christian values, providing a loving and supportive space for approximately 160 children.


Official website here: www.ctkkids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Ctk Cares Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization boasts a 100% independent board, strong program expense ratio at 85.47%, and no material diversion of assets. However, the absence of a whistleblower policy and document retention policy raises concerns about its governance practices.

While the organization excels in maintaining an independent board and financial health, it lacks certain essential policies that could enhance transparency and accountability. The missing tax forms on the nonprofit's website also reflect a need for improvement in public accessibility of documents.

Overall, Ctk Cares Inc demonstrates solid financial stewardship and programmatic focus, but must address its governance shortcomings to improve its rating and public trust in the future.


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

Is Ctk Cares Inc legitimate?

Ctk Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ctk Cares 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: $418,710

For more financial information, click here


Official website here: www.ctkkids.org

What is the mission statement of Ctk Cares Inc?

Ctk Cares Inc's mission is centered around providing affordable, high-quality child care that goes beyond just supervision. This care is enriched with hands-on learning experiences, fostering emotional awareness, social skill development, and physical growth. The environment is loving and Christ-centered, creating a nurturing space for children to grow. By offering this service, Ctk Cares Inc enables parents with low to moderate income to continue working.


Official website here: www.ctkkids.org

Who is the CEO of Ctk Cares Inc?

Julia Stephens is the Executive Director of Ctk Cares Inc.


Official website here: www.ctkkids.org

What is the revenue of Ctk Cares Inc?

Ctk Cares Inc's revenue in 2023 was $667,590.


Official website here: www.ctkkids.org

Who are the executives of Ctk Cares Inc and what are their salaries?

The average compensation at Ctk Cares Inc during 2023 was $16,748. There are 25 employees at Ctk Cares Inc.


Here are 4 key members and their salaries:


Dwight Seletzky (President)
  • Compensation: $0
  • Related: $71,916
  • Other: $0
Ragelle Gigante (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Molnar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Stephens (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ctkkids.org

Where can I find the form 990 for Ctk Cares Inc?

Ctk Cares Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ctkkids.org

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

Mission Statement of Ctk Cares Inc

Ctk Cares Inc, a nonprofit organization, is dedicated to providing affordable, high-quality child care. Their mission is to create an enriching environment for children, fostering hands-on learning experiences, emotional awareness, and the development of social skills and physical growth. This is all done within a loving, Christ-centered atmosphere. The primary goal of Ctk Cares Inc is to support parents of low to moderate income, enabling them to work by providing daycare services for approximately 160 children.

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Impact




July, 2024

Ctk Cares Inc has a significant impact on its community by providing affordable quality child care that enriches children's learning experiences, emotional awareness, social skills, and physical growth within a loving, Christ-centered environment. This organization has enabled approximately 160 children from low to moderate-income families in North Olmsted, Ohio, to access daycare services, allowing their parents the opportunity to work and support their families. Ctk Cares Inc's mission of providing essential child care services in a nurturing environment demonstrates its commitment to supporting the well-being and development of both children and families in need.




This information is meant to be a general summary of Ctk Cares 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
$667,590 (2023)
Expenses
$596,345 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $15
  • Program Service Revenue: $459,175
  • Gross Receipts: $667,590

Assets and Liabilities:

  • Total Assets: $187,214
  • Total Liabilities: $685
  • Net Assets: $186,529

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Programs

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

DAY CARE SERVICES

Revenue

$457,805

SUMMER CAMP FEES

Revenue

$1,370

Organization Details

Founding Year

2013

Principal Officer

Julia Stephens

Main Address

30635 LORAIN ROAD, North Olmsted, OH, 44070

NTEE Category

Code: P20 - Human services

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