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Best Kids Inc

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

EIN: 522302752 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Best Kids Inc?

Best Kids Inc, a nonprofit organization based in Washington, D.C., dedicates its efforts to supporting youth in the city's foster care system. Through one-on-one mentoring, community-based programs, and comprehensive training for volunteer mentors, Best Kids aims to empower these children. Their experimental learning-based peer group helps youth discover and hone their unique abilities, fostering a positive self-image and teamwork skills. By providing this support from an early age, Best Kids aims to guide these individuals towards becoming productive members of society. With a dedicated team of 14 employees, their mission is to empower foster care youth to build brighter futures.


Official website here: www.bestkids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%

Best Kids Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of financial health, transparency, and accountability. The organization boasts an impressive Accountability & Finance Score of 96, reflecting its commitment to responsible fiscal management and effective program spending. With a Program Expense Ratio of 76.59%, a significant portion of its resources is directed toward fulfilling its mission, demonstrating a focus on impactful outcomes.

The organization has a fully independent board, with 100% of its members meeting this criterion. This independence is crucial for ensuring unbiased oversight and governance. Best Kids Inc has also scored well in various areas of policy implementation, including a robust conflict of interest policy and a whistleblower policy, which further enhance its integrity and accountability.

While the organization shows strong financial practices and governance, potential donors and supporters may want to explore its specific programs and their effectiveness in achieving desired outcomes. However, the robust financial health and transparency indicators suggest that Best Kids Inc is well-positioned to continue its mission effectively.


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

Is Best Kids Inc legitimate?

Best Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Best Kids 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $96,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,059

For more financial information, click here


Official website here: www.bestkids.org

What is the mission statement of Best Kids Inc?

Best Kids Inc, a nonprofit organization, is dedicated to empowering youth in foster care to create brighter futures. Through its mission, the organization works tirelessly to enable these children, starting from as young as six, to develop a strong sense of self, teamwork, and social skills. Best Kids provides one-on-one mentoring, supported by extensive training for volunteers, in a community-based setting. The organization also facilitates an experimental-learning-based peer group, aiming to foster the development of young individuals into productive members of society.


Official website here: www.bestkids.org

Who is the CEO of Best Kids Inc?

Dr Stephania A Herrera is the Director of Best Kids Inc.


Official website here: www.bestkids.org

What is the revenue of Best Kids Inc?

Best Kids Inc's revenue in 2022 was $570,454.


Official website here: www.bestkids.org

Who are the executives of Best Kids Inc and what are their salaries?

The average compensation at Best Kids Inc during 2022 was $31,767. There are 14 employees and 86 volunteers at Best Kids Inc.


Here are 9 key members and their salaries:


Jackie Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Boyce (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lints (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Laubach (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Anderson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Corcoran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Mckenzie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Herrera (Executive Director)
  • Compensation: $88,202
  • Related: $0
  • Other: $0


Official website here: www.bestkids.org

Where can I find the form 990 for Best Kids Inc?

Best Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bestkids.org

Learn more at the official website: www.bestkids.org

Mission Statement of Best Kids Inc

Best Kids Inc, a nonprofit organization, is dedicated to empowering youth in the foster care system. Their mission is to help these children build better futures for themselves, one child at a time. Through their work, Best Kids provides one-on-one mentoring to youth starting from the age of six, and continuing until they become adults. Their approach is community-based and relies on extensive training for their volunteer mentors. The organization also offers an experimental-learning-based peer group, which encourages the youth to discover and develop their unique skills and abilities. The ultimate goal is to help these children develop a positive sense of self, acquire teamwork and group social skills, and become productive members of society.

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Impact




July, 2024

Best Kids Inc's impact can be seen in the lives of youth in the foster care system in Washington, DC. By providing one-on-one, community-based mentoring, Best Kids empowers these young individuals to discover and develop their unique skills and abilities. Through extensive training, volunteer mentor support, and experiential learning opportunities, Best Kids encourages its youth to cultivate a positive sense of self, acquire teamwork and social skills, and ultimately become productive members of society. This organization's mission to build better futures for these youth, one child at a time, is making a tangible difference in the lives of those it serves.




This information is meant to be a general summary of Best Kids 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.

Revenue
$570,454 (2022)
Expenses
$730,528 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $347
  • Gross Receipts: $570,454

Assets and Liabilities:

  • Total Assets: $564,731
  • Total Liabilities: $285,670
  • Net Assets: $279,061

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Organization Details

Founding Year

2001

Principal Officer

Dr Stephania A Herrera

Main Address

1212 4th Street SE 201, Washington, DC, 20003

NTEE Category

Code: O30 - Youth development

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