Overview
What is Little Buns Inc 2?
Little Buns Inc 2 is a nonprofit organization located in Chicago, Illinois, specifically at 3908 N Ashland Avenue Unit 1, with a team of 7 dedicated individuals. Their primary mission is to foster healthy eating habits in children aged between birth and 12 years old. They accomplish this by providing reimbursement to eligible family childcare providers through the USDA Child and Adult Food Care Program. This program offers financial support, thereby enabling these providers to serve nutritious meals to the children under their care. By doing so, Little Buns Inc 2 contributes to improving the overall health and well-being of young children in the community.
Official website here: www.littlebunsinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Little Buns Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement in its accountability and financial practices. The organization scored 66% overall, with notable strengths in governance, including a fully independent board and strong conflict of interest and whistleblower policies. The program expense ratio is commendable at 96.69%, suggesting that a significant portion of its expenditures directly support its mission.
However, the nonprofit faces critical weaknesses, particularly in its financial transparency. It received no points for financial statements and has not made its tax forms available on its website, which limits the public's ability to assess its financial health. Additionally, the liabilities to assets ratio is concerning at 88.94%, indicating potential financial instability that may warrant further scrutiny.
Overall, while Little Buns Inc demonstrates a strong commitment to its programs and governance, it needs to address transparency and financial reporting issues to enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Little Buns Inc 2 legitimate?
Little Buns Inc 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Buns Inc 2 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: $72,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,755
For more financial information, click here
Official website here: www.littlebunsinc.com
What is the mission statement of Little Buns Inc 2?
Little Buns Inc 2's mission is centered around promoting healthy eating habits among children aged between birth and 12 years. They accomplish this by offering reimbursement to qualified family child care providers through the USDA Child and Adult Food Care Program. This initiative aims to make nutritious meals more accessible and affordable for these children, thereby encouraging healthier eating habits from a young age. By supporting family child care providers in this way, Little Buns Inc 2 contributes to the overall well-being and development of young children.
Official website here: www.littlebunsinc.com
Who is the CEO of Little Buns Inc 2?
Marcus Ward is the Board Member of Little Buns Inc 2.
Official website here: www.littlebunsinc.com
What is the revenue of Little Buns Inc 2?
Little Buns Inc 2's revenue in 2022 was $2,659,789.
Official website here: www.littlebunsinc.com
Who are the executives of Little Buns Inc 2 and what are their salaries?
The average compensation at Little Buns Inc 2 during 2022 was $19,874. There are 7 employees at Little Buns Inc 2.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.littlebunsinc.com
Where can I find the form 990 for Little Buns Inc 2?
Little Buns Inc 2's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.littlebunsinc.com
Learn more at the official website: www.littlebunsinc.com
Mission Statement of Little Buns Inc 2
Little Buns Inc 2 is an organization dedicated to promoting healthy eating habits among children aged between birth and 12 years. They achieve this by offering reimbursement to qualified family child care providers through the USDA Child and Adult Food Care Program. This program enables Little Buns Inc 2 to encourage and support nutritious meal options, contributing to the overall health and well-being of the children in their care. By partnering with family child care providers, Little Buns Inc 2 extends its reach and impact, ensuring that a wide range of children benefit from its mission. In essence, Little Buns Inc 2 is committed to fostering good nutrition and healthy growth in young children, empowering their caregivers through financial support and resources.
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Impact
July, 2024
Little Buns Inc 2's impact lies in promoting healthy eating among children aged birth to 12 years by offering reimbursement through the USDA Child and Adult Food Care Program to qualified family child care providers. By ensuring that children have access to nutritious meals, Little Buns Inc 2 plays a crucial role in supporting their physical and mental development. This initiative not only fosters healthy eating habits at an early age but also helps in addressing food insecurity issues within the community. Overall, Little Buns Inc 2's efforts contribute to the well-being and future success of the children it serves.
This information is meant to be a general summary of Little Buns Inc 2. 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.
- Gross Receipts: $2,659,789
Assets and Liabilities:
- Total Assets: $443,965
- Total Liabilities: $394,905
- Net Assets: $49,060
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Organization Details
Founding Year
2015
Phone
(844) 411-3643Principal Officer
Marcus Ward
Main Address
3908 N ASHLAND AVENUE UNIT 1, CHICAGO, IL, 60613
Website
www.littlebunsinc.comNTEE Category
Code: K40 - Food
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