Overview
What is Imagination Learning Center?
The Imagination Learning Center, located at 14428 Albemarle Point Place, Chantilly, Virginia, is a nonprofit organization primarily focused on providing childcare services. Its mission is to mutually benefit its members and enable parents to be gainfully employed. This child day care and education center aims to cater to the needs of both the children and their parents, ensuring a seamless balance between family life and work commitments. The organization employs a team of 48 individuals, dedicated to providing high-quality care and education for the children.
Official website here: www.imaginationlearning.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% - Three-Star out of Four Star rating
Imagination Learning Center has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is primarily based on the organization's strong adherence to governance practices, evidenced by its independent board structure and comprehensive policies. Notably, the organization has achieved a perfect score for having a majority of independent board members and for its conflict of interest and whistleblower policies.
The charity demonstrates strong financial responsibility with a high program expense ratio of 92.30%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has maintained a clean record with no material diversion of assets, which strengthens its credibility with donors and stakeholders. The inclusion of board meeting minutes and a clear document retention policy further highlights the transparency of its operations.
However, the organization has a liabilities to assets ratio of 54.72%, which may raise some concerns regarding its financial stability relative to its assets. While this is not a critical issue, it indicates the need for ongoing monitoring of financial health to ensure long-term sustainability. Overall, Imagination Learning Center showcases a commitment to accountability and effective program funding, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Imagination Learning Center legitimate?
Imagination Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagination 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,718,183
For more financial information, click here
Official website here: www.imaginationlearning.net
What is the mission statement of Imagination Learning Center?
The Imagination Learning Center's mission is centered around providing child care services. This organization aims to benefit its members, primarily the parents, by offering quality child care services. The ultimate goal is to enable these parents to secure gainful employment. The center's mission is also geared towards ensuring the overall growth and development of the children under its care.
Official website here: www.imaginationlearning.net
Who is the CEO of Imagination Learning Center?
Amanda Dodson is the Treasurer of Imagination Learning Center.
Official website here: www.imaginationlearning.net
What is the revenue of Imagination Learning Center?
Imagination Learning Center's revenue in 2022 was $3,832,385.
Official website here: www.imaginationlearning.net
Who are the executives of Imagination Learning Center and what are their salaries?
The average compensation at Imagination Learning Center during 2022 was $35,795. There are 48 employees at Imagination Learning Center.
Here are 11 key members and their salaries:
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Official website here: www.imaginationlearning.net
Where can I find the form 990 for Imagination Learning Center?
Imagination Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.imaginationlearning.net
Learn more at the official website: www.imaginationlearning.net
Mission Statement of Imagination Learning Center
Imagination Learning Center, as a child day care and education center, is committed to serving its members and the community at large. Its mission is twofold: firstly, to provide high-quality child care services that benefit both the organization and its members. This enables the parents to pursue gainful employment with peace of mind, knowing their children are in capable hands. Secondly, Imagination Learning Center aims to contribute positively to the overall development of the children under its care. By providing a nurturing environment that fosters learning and growth, the center plays a vital role in shaping the future generation. In essence, Imagination Learning Center's mission is to strike a balance between supporting working parents and ensuring the intellectual and emotional well-being of their children.
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Impact
July, 2024
Imagination Learning Center has a significant impact on the community by providing child care services that allow parents to be gainfully employed. By offering a safe and nurturing environment for children, the center supports families in balancing work and childcare responsibilities. This not only benefits individual families but also contributes to the economic stability of the community as a whole. Through its focus on child development and care, Imagination Learning Center plays a vital role in supporting working parents and promoting the well-being of children.
This information is meant to be a general summary of Imagination 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: $5,438
- Program Service Revenue: $2,959,881
- Gross Receipts: $3,832,385
Assets and Liabilities:
- Total Assets: $3,411,770
- Total Liabilities: $1,388,648
- Net Assets: $2,023,122
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND REGISTRATION
Revenue
$2,515,967
TUITION SUBSIDY PAYMENTS
Revenue
$443,383
SPECIAL EVENTS
Revenue
$531
Organization Details
Founding Year
1989
Phone
(703) 836-0707Principal Officer
Amanda Dodson
Main Address
14428 ALBEMARLE POINT PLACE, CHANTILLY, VA, 20151
Website
www.imaginationlearning.netNTEE Category
Code: P33Z - Human services
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