Overview
What is Lasting Impressions Child Development Center Inc?
Lasting Impressions Child Development Center Inc, located in Clarksburg, West Virginia (1000 Custer Hollow Rd), is a nonprofit organization committed to offering top-notch child care and development programs. Serving infants, toddlers, preschoolers, and elementary-aged children, at least half of their enrollees are children of federal government employees. The organization's mission is to provide a developmentally appropriate program that fosters a nurturing environment, promoting emotional, social, physical, and intellectual growth. With a team of 58 dedicated employees, Lasting Impressions Child Development Center Inc ensures a healthy, safe, and supportive setting for children, nurturing their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 71%)
Lasting Impressions Child Development Center Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement. While the organization boasts a high program expense ratio of 87.61%, demonstrating a strong commitment to its mission, there are significant gaps in its accountability and financial practices. Key policies like conflict of interest and whistleblower protections are missing, which raises concerns about governance and operational transparency.
On a positive note, the organization has a fully independent board with no material diversion of assets, showing a solid foundation in leadership and ethical financial management. The board comprises seven independent members, which contributes to effective oversight. Additionally, the liabilities to assets ratio is low at 9.36%, indicating a healthy financial position relative to its obligations.
However, the absence of a website listed on the tax form, missing tax documents on its website, and lacking formal financial reviews significantly detracts from its accountability score. These limitations suggest that while Lasting Impressions Child Development Center Inc is dedicated to its programs, improving its financial transparency and governance policies will be essential for building trust with stakeholders and enhancing its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lasting Impressions Child Development Center Inc legitimate?
Lasting Impressions Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lasting Impressions Child Development 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $20,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $871,240
For more financial information, click here
What is the mission statement of Lasting Impressions Child Development Center Inc?
Lasting Impressions Child Development Center Inc's mission is centered around providing a top-notch, developmentally appropriate program for children. The organization strives to create a nurturing environment that fosters emotional, social, physical, and intellectual growth. Their primary goals include ensuring the well-being and safety of the children in their care. A significant portion of their enrollees are children of federal government employees.
Who is the CEO of Lasting Impressions Child Development Center Inc?
Katlyn Keys is the Executive Di of Lasting Impressions Child Development Center Inc.
What is the revenue of Lasting Impressions Child Development Center Inc?
Lasting Impressions Child Development Center Inc's revenue in 2021 was $1,602,872.
Who are the executives of Lasting Impressions Child Development Center Inc and what are their salaries?
The average compensation at Lasting Impressions Child Development Center Inc during 2021 was $15,370. There are 58 employees at Lasting Impressions Child Development Center Inc.
Here are 8 key members and their salaries:
- Compensation: $20,236
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lasting Impressions Child Development Center Inc?
Lasting Impressions Child Development Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Lasting Impressions Child Development Center Inc
Lasting Impressions Child Development Center Inc is dedicated to delivering a top-notch, developmentally appropriate program for children. Their mission is multifaceted, aiming to establish a healthy, safe, and nurturing environment that fosters emotional, social, physical, and intellectual development in children. The organization caters to infants, toddlers, preschoolers, and elementary school-aged children, with at least half of their enrollees being children of federal government employees. By providing this comprehensive and supportive environment, Lasting Impressions Child Development Center Inc contributes to the holistic growth and development of the children in their care.
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Impact
July, 2024
Lasting Impressions Child Development Center Inc plays a crucial role in the community by providing a high-quality, developmentally appropriate program for children. Their mission to offer a healthy, safe, and nurturing environment that supports emotional, social, physical, and intellectual development is impactful for the children and families they serve. By offering childcare and development programs for infants, toddlers, preschoolers, and elementary-age children, they cater to a wide range of age groups, ensuring comprehensive care and education.
Moreover, as at least 50% of the organization's enrollees are children of federal government employees, Lasting Impressions Child Development Center Inc contributes to supporting working families and helping them balance their professional responsibilities with the care and development of their children. This not only benefits the individual families but also has a broader impact on the community by fostering a supportive environment for working parents.
In summary, Lasting Impressions Child Development Center Inc's commitment to providing quality childcare and educational programs not only positively impacts the children under their care but also serves as a valuable resource for working families in the community, supporting both the children's development and the parents' ability to maintain employment.
This information is meant to be a general summary of Lasting Impressions Child Development 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 2021.
- Investment Income: $2,801
- Program Service Revenue: $1,413,270
- Gross Receipts: $1,603,174
Assets and Liabilities:
- Total Assets: $670,920
- Total Liabilities: $62,810
- Net Assets: $608,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,232,987
HARRISON COUNTY BOE AGREEMENT
Revenue
$133,528
WV DOE CHILD CARE FOOD PROG
Revenue
$23,466
NATIONAL SCHOOL LUNCH PROGRAM
Revenue
$23,289
Organization Details
Principal Officer
Katlyn Keys
Main Address
1000 CUSTER HOLLOW RD, CLARKSBURG, WV, 26301
NTEE Category
Code: B22Z - Education
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