Philly Kidz Initiative Llc

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

EIN: 473779590 ✦ Furlong, PA ✦ Designated as a 501(c)(3)

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Overview

What is Philly Kidz Initiative Llc?

Philly Kidz Initiative LLC is a nonprofit organization situated in Furlong, Pennsylvania. Their primary focus is on offering enriching after-school activities for children and youth. The organization is dedicated to providing essential services for children, embodying a commitment to the well-being and development of young people in the community. Philly Kidz Initiative LLC stands out as a valuable resource for families seeking engaging and educational opportunities outside of school hours.


Official website here: www.phillykidzinitiative.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)

Philly Kidz Initiative LLC has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With an overall score of 60%, the organization has strengths in areas such as board independence and program expense ratio, achieving 100% independent board members and an impressive 94.82% of expenses directed toward programs. These factors suggest a commitment to its mission and responsible governance.

However, the organization exhibits significant weaknesses that contribute to its low rating. Notably, it has not provided financial statements, which negatively impacts transparency and accountability. Additionally, the absence of critical policies such as a whistleblower policy and document retention practices raises concerns about organizational governance and risk management. Furthermore, the organization scored poorly on its liabilities to assets ratio, indicating potential financial stability issues.

Overall, while Philly Kidz Initiative LLC shows promise in its programmatic focus and governance structure, the lack of essential financial documentation and policies reveals substantial areas for improvement that the organization should address to enhance its credibility and operational effectiveness.


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

Is Philly Kidz Initiative Llc legitimate?

Philly Kidz Initiative Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philly Kidz Initiative Llc 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: $93,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,435

For more financial information, click here


Official website here: www.phillykidzinitiative.com

What is the mission statement of Philly Kidz Initiative Llc?

The Philly Kidz Initiative LLC, as an organization, is dedicated to offering engaging after-school activities for children. Their mission lies in providing essential services for children and youth, aiming to enrich their experiences outside of the regular school day. While the provided information does not include specific details about their broader objectives or impact, it is clear that their primary focus is on providing after-school activities for young individuals.


Official website here: www.phillykidzinitiative.com

Who is the CEO of Philly Kidz Initiative Llc?

Mark Ingerman is the Administrator of Philly Kidz Initiative Llc. The CEO's salary of Philly Kidz Initiative Llc is $0 and their total compensation is $0.


Official website here: www.phillykidzinitiative.com

What is the revenue of Philly Kidz Initiative Llc?

Philly Kidz Initiative Llc's revenue in 2022 was $754,758.


Official website here: www.phillykidzinitiative.com

Who are the executives of Philly Kidz Initiative Llc and what are their salaries?

The average compensation at Philly Kidz Initiative Llc during 2022 was $6,582. There are 66 employees at Philly Kidz Initiative Llc.


Here are 2 key members and their salaries (Philly Kidz Initiative Llc's CEO's salary is $0 and their total compensation is $0):


Mark Ingerman (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alla Sherman (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phillykidzinitiative.com

Where can I find the form 990 for Philly Kidz Initiative Llc?

Philly Kidz Initiative Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phillykidzinitiative.com

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

Mission Statement of Philly Kidz Initiative Llc

Philly Kidz Initiative LLC is a nonprofit organization that is dedicated to providing after school activities for children and youth. Its mission is centered around offering a variety of services specifically designed for children. This organization, headquartered in the field of children's services, strives to enrich the lives of young individuals through its afterschool program. While the specific location of the organization is not provided in the information, it is based in Furlong, PA.

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Impact




July, 2024

Philly Kidz Initiative LLC has a significant impact on the community by providing after-school activities for children in Furlong, PA. Through its afterschool program, the organization focuses on delivering specialized children and youth services. Their mission is to enhance the lives of children through engaging and beneficial activities, ultimately contributing to the development and well-being of the younger generation in the area.




This information is meant to be a general summary of Philly Kidz Initiative Llc. 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
$754,758 (2022)
Expenses
$697,250 (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: $670,172
  • Gross Receipts: $754,758

Assets and Liabilities:

  • Total Assets: $410,834
  • Total Liabilities: $125,145
  • Net Assets: $285,689

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Programs

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

PROGRAM REVENUE

Revenue

$670,172

Organization Details

Founding Year

2020

Principal Officer

Mark Ingerman

Main Address

3803 GREEN RIDGE RD, Furlong, PA, 18925

NTEE Category

Code: P30 - Human services

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