Overview
What is Bottles Two Backpacks Daycare Center?
Bottles Two Backpacks Daycare Center is a daycare facility located in Grundy Center, Iowa, devoted to serving the needs of the general public. This nonprofit organization offers a range of daycare programs aimed at catering to various requirements. The primary mission of Bottles Two Backpacks Daycare Center is to provide a nurturing and supportive environment for children, ensuring their overall well-being and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.
Bottles Two Backpacks Daycare Center has received a low rating of 38% from Charity Navigator, resulting in a Zero-Star designation. This rating indicates significant concerns regarding the organization's accountability and financial practices. The score is based entirely on a single beacon score, with the majority of the assessment reflecting a lack of independent board members and missing governance policies.
One of the key strengths noted is that there is no material diversion of assets, which is a positive indicator of financial integrity. However, the organization has not met several essential governance standards, including the presence of independent board members and various necessary policies, such as conflict of interest, whistleblower, and document retention policies. These shortcomings have heavily impacted their overall rating.
Financially, the organization shows a concerning liabilities to assets ratio of 116.02%, suggesting potential financial instability. While the program expense ratio is strong at 100%, signifying that all expenses go towards programming, the lack of transparency and accountability measures raises red flags for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bottles Two Backpacks Daycare Center legitimate?
Bottles Two Backpacks Daycare Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bottles Two Backpacks Daycare Center 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: $250,314
For more financial information, click here
What is the mission statement of Bottles Two Backpacks Daycare Center?
Bottles Two Backpacks Daycare Center is committed to providing daycare services to the general public. Their mission is centered around catering to the needs of children under their care, offering programs that are tailored to their developmental stages. Although the provided information does not specify any additional objectives or goals beyond daycare services, it is evident that the organization prioritizes the well-being and growth of the children they serve.
Who is the CEO of Bottles Two Backpacks Daycare Center?
Shelly Luiken is the President of Bottles Two Backpacks Daycare Center.
What is the revenue of Bottles Two Backpacks Daycare Center?
Bottles Two Backpacks Daycare Center's revenue in 2021 was $997,784.
Who are the executives of Bottles Two Backpacks Daycare Center and what are their salaries?
The average compensation at Bottles Two Backpacks Daycare Center during 2021 was $15,645. There are 16 employees at Bottles Two Backpacks Daycare Center.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Bottles Two Backpacks Daycare Center?
Bottles Two Backpacks Daycare Center's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Bottles Two Backpacks Daycare Center
Bottles Two Backpacks Daycare Center is committed to providing daycare services to the public at large. This organization's mission, in essence, is to create an environment that caters to the needs of the children under its care. By offering daycare programs, Bottles Two Backpacks Daycare Center seeks to contribute positively to the community, providing a supportive and nurturing space for children during the day. The center's services aim to offer parents peace of mind while they attend to their personal or professional responsibilities. The mission of Bottles Two Backpacks Daycare Center is centered around providing quality daycare services to the community, ensuring the well-being and development of the children in its care.
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Impact
July, 2024
Bottles Two Backpacks Daycare Center's impact can be seen in its provision of essential daycare services to the general public in Grundy Center, IA. By offering programs that cater to the needs of families, the center plays a crucial role in supporting working parents and ensuring children receive quality care and education. The organization's presence contributes to the community by fostering early childhood development and providing a safe and nurturing environment for children to learn and grow.
This information is meant to be a general summary of Bottles Two Backpacks Daycare Center. 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 2021.
- Program Service Revenue: $375,166
- Gross Receipts: $997,784
Assets and Liabilities:
- Total Assets: $634,001
- Total Liabilities: $176,538
- Net Assets: $457,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$375,166
Organization Details
Founding Year
2016
Phone
(319) 825-8888Principal Officer
Shelly Luiken
Main Address
204 G AVE, GRUNDY CENTER, IA, 50638
NTEE Category
Code: P33 - Human services
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