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Creative Kids Learning Academy Iii Inc

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

EIN: 465435564 ✦ Oakland, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Creative Kids Learning Academy Iii Inc?

Creative Kids Learning Academy III Inc, located at 228 Ramapo Valley Road, Oakland, NJ 07436, is a dedicated preschool and daycare center. Their mission is to provide a nurturing, loving, and high-quality environment that encourages children's physical, emotional, and intellectual growth at their own pace. With a team of 30 employees, they strive to ensure a safe and professional learning atmosphere that caters to each child's unique needs. The academy is committed to offering affordable childcare services that prioritize each child's well-being and development.


Official website here: www.creativekids3.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

Creative Kids Learning Academy III Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score of 69%. The organization demonstrates a strong commitment to its mission as evidenced by an impressive program expense ratio of 88.39%, indicating that a significant portion of its resources is allocated to programs directly benefiting the community. Additionally, the organization boasts a fully independent board, which is a positive factor in governance.

However, there are noteworthy limitations in the nonprofit's accountability and transparency practices. The organization has not submitted financial statements, which has severely impacted its score in that category. Furthermore, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, alongside the absence of a document retention policy. These missing elements may raise concerns about the overall governance and operational transparency of the organization.

Despite these challenges, the nonprofit's low liabilities to assets ratio of 0.06% is a strong indicator of financial stability. While Creative Kids Learning Academy III Inc shows promise in programmatic focus and governance structure, addressing its transparency and policy deficiencies could enhance its credibility and effectiveness in serving its community.


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

Is Creative Kids Learning Academy Iii Inc legitimate?

Creative Kids Learning Academy Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creative Kids Learning Academy Iii 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: $164,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,418

For more financial information, click here


Official website here: www.creativekids3.com

What is the mission statement of Creative Kids Learning Academy Iii Inc?

Creative Kids Learning Academy III Inc. is committed to providing a nurturing, loving, and high-quality child care environment. Their primary focus is on ensuring the physical, emotional, and intellectual growth of children at their own pace. The academy is dedicated to offering a secure and professional learning setting, prioritizing the well-being of each child under their care.


Official website here: www.creativekids3.com

Who is the CEO of Creative Kids Learning Academy Iii Inc?

Denise Deveney Reardon is the Director/Pre of Creative Kids Learning Academy Iii Inc.


Official website here: www.creativekids3.com

What is the revenue of Creative Kids Learning Academy Iii Inc?

Creative Kids Learning Academy Iii Inc's revenue in 2022 was $788,745.


Official website here: www.creativekids3.com

Who are the executives of Creative Kids Learning Academy Iii Inc and what are their salaries?

The average compensation at Creative Kids Learning Academy Iii Inc during 2022 was $16,202. There are 30 employees at Creative Kids Learning Academy Iii Inc.


Here are 3 key members and their salaries:


Denise Deveney Reardon (Director/Pre)
  • Compensation: $151,500
  • Related: $0
  • Other: $0
William Reardon (Director)
  • Compensation: $13,150
  • Related: $0
  • Other: $0
Laura Litchult (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.creativekids3.com

Where can I find the form 990 for Creative Kids Learning Academy Iii Inc?

Creative Kids Learning Academy Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.creativekids3.com

Learn more at the official website: www.creativekids3.com

Mission Statement of Creative Kids Learning Academy Iii Inc

Creative Kids Learning Academy III Inc is committed to providing a nurturing, loving, and high-quality preschool and daycare environment. The nonprofit organization is dedicated to ensuring that children grow physically, emotionally, and intellectually at their own pace. By focusing on affordability, Creative Kids Learning Academy III Inc strives to make top-notch child care accessible to all families. The organization is committed to creating a safe and professional learning environment that fosters growth and development in each child under its care.

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Impact




July, 2024

Creative Kids Learning Academy III Inc's impact can be seen in the positive development and growth of children in the Oakland, NJ community. By providing a warm, loving, and professional learning environment, this preschool/daycare center ensures that children can thrive physically, emotionally, and intellectually at their own pace. Through their dedication to affordable, high-quality child care, Creative Kids Learning Academy III Inc plays a vital role in supporting the holistic development of young children in their care.




This information is meant to be a general summary of Creative Kids Learning Academy Iii 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
$788,745 (2022)
Expenses
$689,623 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $623,223
  • Gross Receipts: $788,745

Assets and Liabilities:

  • Total Assets: $300,863
  • Total Liabilities: $0
  • Net Assets: $300,863

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Programs

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

TUITION & FEES

Revenue

$623,223

Organization Details

Founding Year

2014

Principal Officer

Denise Deveney Reardon

Main Address

228 RAMAPO VALLEY ROAD, OAKLAND, NJ, 07436

NTEE Category

Code: P33 - Human services

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