Overview
What is Barrett Early Learning Center?
Barrett Early Learning Center is a nonprofit organization situated in Charlottesville, Virginia. With a mission to nurture and encourage the growth and development of young children, they offer a high-quality child care environment designed to stimulate various sensory, linguistic, cognitive, and social experiences. Their primary focus is on supporting low-income individuals and families, providing high-quality early learning opportunities to equip children effectively for grade school. This exceptional child care center accommodates approximately 40 children per month, fostering a love for learning and setting them up for future success. The organization employs a team of 16 individuals dedicated to its mission.
Official website here: www.barrettelc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Stars
Barrett Early Learning Center has received an 88% rating, resulting in a Three-Star rating based on its Accountability & Finance score. This rating indicates a solid commitment to transparency and effective financial management, with a particularly strong score in program expenses, reflecting that nearly 94% of its expenditures are directed towards its programs.
The organization has demonstrated strengths in governance, with a fully independent board of directors and no reported material diversion of assets. The financial statements are well-prepared, showcasing a favorable liabilities to assets ratio of 0.00%, which suggests strong financial health. However, the organization has notable gaps in its policies, including a missing whistleblower policy and document retention guidelines.
While Barrett Early Learning Center excels in several areas of accountability, the absence of some key policies may raise concerns about governance practices. Nevertheless, the overall financial indicators present a positive outlook on the organization’s operations and its mission to support early learning initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Barrett Early Learning Center legitimate?
Barrett Early Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barrett Early Learning 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: $57,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,042
For more financial information, click here
Official website here: www.barrettelc.org
What is the mission statement of Barrett Early Learning Center?
The Barrett Early Learning Center's mission is centered around providing high-quality child care, primarily for low-income individuals and families. Their goal is to foster and promote the growth and development of young children, preparing them for success in their future academic endeavors. They achieve this by offering a high-quality early learning environment that provides a diverse range of sensory, language, cognitive, and social experiences. The aim is to instill a love for learning in these children, ultimately preparing them for their transition into grade school. The center typically serves around 40 children per month.
Official website here: www.barrettelc.org
Who is the CEO of Barrett Early Learning Center?
C Kollmansperger is the Executive Director,Ex Officio of Barrett Early Learning Center.
Official website here: www.barrettelc.org
What is the revenue of Barrett Early Learning Center?
Barrett Early Learning Center's revenue in 2022 was $783,432.
Official website here: www.barrettelc.org
Who are the executives of Barrett Early Learning Center and what are their salaries?
The average compensation at Barrett Early Learning Center during 2022 was $22,292. There are 16 employees and 30 volunteers at Barrett Early Learning Center.
Here are 9 key members and their salaries:
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Official website here: www.barrettelc.org
Where can I find the form 990 for Barrett Early Learning Center?
Barrett Early Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barrettelc.org
Learn more at the official website: www.barrettelc.org
Mission Statement of Barrett Early Learning Center
Barrett Early Learning Center, a nonprofit organization, is committed to providing high-quality child care that fosters and promotes the growth and development of young children, primarily for low-income individuals and families. Their mission is to create an engaging and nurturing environment that offers a variety of sensory, language, cognitive, and social experiences. This approach aims to cultivate a love for learning in the children, preparing them for a smooth transition into grade school. The organization typically accommodates around 40 children per month.
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Impact
July, 2024
Barrett Early Learning Center's impact can be seen in the positive growth and development of young children, particularly those from low-income backgrounds. By providing high-quality child care, the center offers a variety of sensory, language, cognitive, and social experiences that help children develop essential skills. The goal is to instill a love for learning and prepare children for success in grade school. With an average monthly attendance of 40 children, the center plays a crucial role in supporting the early learning needs of families in Charlottesville, VA.
This information is meant to be a general summary of Barrett Early Learning 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 2022.
- Investment Income: $5,320
- Program Service Revenue: $589,583
- Gross Receipts: $783,432
Assets and Liabilities:
- Total Assets: $877,250
- Total Liabilities: $0
- Net Assets: $877,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIVATE TUITION AND TUITIONS GRANTS
Revenue
$589,583
Organization Details
Founding Year
1935
Phone
(434) 295-9202Principal Officer
C Kollmansperger
Main Address
410 RIDGE STREET, CHARLOTTESVILLE, VA, 22902
Website
www.barrettelc.orgNTEE Category
Code: P33 - Human services
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