Overview
What is Battle Lake Youth Center Inc?
Battle Lake Youth Center Inc is a nonprofit organization situated in Battle Lake, Minnesota. Their primary mission is to provide and maintain a high-quality child care facility for up to 42 children in the local area. To ensure the center's success, they have partnered with Tiny Tykes, a reputable child care provider. The toddler and infant rooms are consistently well-occupied, maintaining a balanced child-to-adult ratio to ensure top-notch care. Battle Lake Youth Center Inc is also running a scholarship fund to assist families struggling with the cost of quality child care. The organization aims to attract and retain young families in the Battle Lake area, contributing to the community's vitality and the school's viability. Their capital campaign is ongoing, with funds to be received until 2021.
Official website here: www.blyci.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Battle Lake Youth Center Inc has received a 76% rating from Charity Navigator, reflecting a solid Three-Star designation. The rating is derived solely from its Accountability & Finance beacon, indicating a strong emphasis on how the organization manages its finances and adheres to accountability standards. The organization scores particularly well in aspects such as having a fully independent board and maintaining a favorable liabilities to assets ratio.
Strengths of the organization include a high program expense ratio of 87.32%, suggesting that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, the absence of material diversion of assets is a positive indicator of financial integrity. However, certain governance policies, specifically the lack of a conflict of interest policy and a whistleblower policy, could be improved to enhance transparency and trustworthiness.
While the organization's financial management appears sound, the missing governance policies highlight areas for potential growth. Addressing these gaps could bolster the nonprofit's overall accountability and effectiveness, and increase its appeal to donors seeking transparency in their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Battle Lake Youth Center Inc legitimate?
Battle Lake Youth Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Battle Lake Youth Center 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.
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For more financial information, click here
Official website here: www.blyci.org
What is the mission statement of Battle Lake Youth Center Inc?
The Battle Lake Youth Center Inc, in its mission, aims to draw and retain young families to enhance the vitality of the community and ensure the sustainability of the local school. The center operates a childcare facility, collaborating with a reputable provider, Tiny Tykes, to manage operations. The toddler and infant rooms are consistently occupied, nearly reaching full capacity, while maintaining the necessary child-to-adult ratios to ensure high-quality care. The organization is actively raising funds through a capital campaign, with contributions expected until 2021. Additionally, Battle Lake Youth Center Inc has established a scholarship fund to assist families facing financial constraints in affording quality childcare services at the center. An application process and review committee have been established to approve applications and distribute funds to Tiny Tykes to support families in need.
Official website here: www.blyci.org
Who is the CEO of Battle Lake Youth Center Inc?
Lynn Gagner is the President of Battle Lake Youth Center Inc.
Official website here: www.blyci.org
What is the revenue of Battle Lake Youth Center Inc?
Battle Lake Youth Center Inc's revenue in 2020 was $44,206.
Official website here: www.blyci.org
Who are the executives of Battle Lake Youth Center Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.blyci.org
Where can I find the form 990 for Battle Lake Youth Center Inc?
Battle Lake Youth Center Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.blyci.org
Learn more at the official website: www.blyci.org
Mission Statement of Battle Lake Youth Center Inc
Battle Lake Youth Center Inc, a nonprofit organization, was established with a mission to retain and attract young families to the Battle Lake area. This mission aims to enhance the vitality of the area and ensure the continuity of the local school. To accomplish this, the center provides and maintains a childcare facility for up to 42 children, partnering with a high-quality childcare provider, Tiny Tykes, to manage operations. The toddler and infant rooms are consistently occupied, operating almost at full capacity, while adhering to the necessary child-to-adult ratios to ensure top-notch care is provided.
In addition to its childcare services, Battle Lake Youth Center Inc has also established a scholarship fund to assist families who struggle to afford quality care. An application process and a committee have been established to review and approve applications, with funds being disbursed to Tiny Tykes to help cover childcare expenses. This initiative demonstrates the center's commitment to supporting families in the community and making quality childcare more accessible. By fostering a strong family presence in the area, Battle Lake Youth Center Inc contributes to the overall well-being and vitality of the community.
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Impact
August, 2024
Battle Lake Youth Center Inc's impact can be seen in the vital role it plays in retaining and attracting young families to the Battle Lake area. By providing and maintaining a child care facility for up to 42 children, BLYCI ensures that families have access to high-quality child care services through their partnership with Tiny Tykes. The almost full capacity occupancy of the toddler and infant rooms demonstrates the high demand for this service.
Additionally, the establishment of a scholarship fund shows BLYCI's commitment to helping families who may struggle to afford quality child care. This initiative not only supports the community but also helps in maintaining the viability of the local school by providing essential support for families.
Through its mission of improving the vitality of the area and supporting young families, Battle Lake Youth Center Inc has a significant impact on the community's well-being and future prospects.
This information is meant to be a general summary of Battle Lake Youth Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $10,560
- Gross Receipts: $44,206
Assets and Liabilities:
- Total Assets: $910,307
- Total Liabilities: $0
- Net Assets: $910,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE CENTER
Revenue
$10,560
Organization Details
Founding Year
2015
Phone
(218) 791-8927Principal Officer
Lynn Gagner
Main Address
PO BOX 303, BATTLE LAKE, MN, 565150303
Website
www.blyci.orgNTEE Category
Code: P33 - Human services
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