Overview
What is Learning Adventures Child Care Cent?
Learning Adventures Child Care Cent is a child day care organization situated in Gothenburg, Nebraska. Their primary mission is to provide children with educational child care services, fostering an environment that encourages learning and development. The center aims to contribute positively to the community by offering high-quality care and nurturing the overall growth of the children under their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 60%)
Learning Adventures Child Care Center has received a Two-Star rating from Charity Navigator, indicating that there are areas needing significant improvement. The overall score of 60% reflects both accountability and finance concerns, particularly the lack of key financial documents and policies. Despite a strong program expense ratio of 87.04%, which shows that a large portion of expenses is directed towards its programs, there are serious gaps in governance practices.
The organization has a majority of independent board members, which is a positive aspect, demonstrating some level of oversight. However, the board's size is limited with only two independent members, resulting in a low score in this area. Additionally, the absence of a conflict of interest policy, whistleblower policy, and other important governance documents raises concerns about transparency and accountability.
Overall, while Learning Adventures Child Care Center is effectively utilizing its funds towards its programs, the lack of financial statements and governance policies highlighted in the rating suggests that the organization needs to enhance its operational practices to improve its standing and ensure greater trust from stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Learning Adventures Child Care Cent legitimate?
Learning Adventures Child Care Cent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learning Adventures Child Care Cent 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: $528,458
For more financial information, click here
What is the mission statement of Learning Adventures Child Care Cent?
Learning Adventures Child Care Center is committed to providing educational child care services for children. As a child day care organization, their mission is to offer a nurturing environment that fosters learning and development. The center aims to contribute positively to a child's overall growth and development, providing them with the necessary tools and knowledge for their future. By offering educational services, Learning Adventures Child Care Center seeks to preparing children for their future academic and personal journeys.
Who is the CEO of Learning Adventures Child Care Cent?
Casey Madsen is the President of Learning Adventures Child Care Cent.
What is the revenue of Learning Adventures Child Care Cent?
Learning Adventures Child Care Cent's revenue in 2022 was $885,064.
Who are the executives of Learning Adventures Child Care Cent and what are their salaries?
The average compensation at Learning Adventures Child Care Cent during 2022 was $10,362. There are 51 employees at Learning Adventures Child Care Cent.
Here are 3 key members and their salaries:
- Compensation: $113,674
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Learning Adventures Child Care Cent?
Learning Adventures Child Care Cent's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Learning Adventures Child Care Cent
Learning Adventures Child Care Cent, as a nonprofit organization, is committed to providing an educational child care center. Their mission is to offer children in Gothenburg, NE, a nurturing environment where they can learn and grow. By operating as a child day care organization, Learning Adventures Child Care Cent aims to equip young minds with essential skills and knowledge, fostering their overall development. The center's goal is to contribute positively to the children's formative years, ensuring they have a strong foundation for their future learning journeys.
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Impact
July, 2024
Learning Adventures Child Care Center has a significant impact on the community by providing educational child care services to children in Gothenburg, NE. By offering a nurturing and educational environment, the center helps children develop important skills and prepares them for future academic success. Additionally, the center's services support working parents by providing a reliable and safe childcare option. Overall, Learning Adventures Child Care Center plays a crucial role in the community by promoting the well-being and development of children and supporting families in balancing work and childcare responsibilities.
This information is meant to be a general summary of Learning Adventures Child Care Cent. 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: $467
- Program Service Revenue: $784,607
- Gross Receipts: $885,064
Assets and Liabilities:
- Total Assets: $462,460
- Total Liabilities: $0
- Net Assets: $462,460
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE
Revenue
$662,735
NEBRASKA HEALTH & HUMAN SERVI
Revenue
$121,872
Organization Details
Founding Year
2015
Principal Officer
Casey Madsen
Main Address
1401 LAKE AVE, GOTHENBURG, NE, 69138
NTEE Category
Code: P33 - Human services
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