Overview
What is Verner Inc?
Verner Inc, established in Asheville, North Carolina, is a nonprofit organization dedicated to providing high-quality early care and education for children aged six weeks to five years. With a capacity to accommodate up to 204 children, Verner Inc offers flexible scheduling options ranging from three-quarter time to full-time, catering to families in Buncombe County across three locations. Their mission revolves around creating holistic learning environments that empower young children and strengthen their families' well-being. With a team of 135 employees, Verner Inc is committed to fostering an atmosphere that nurtures the growth and development of its young attendees.
Official website here: www.vernerearlylearning.org
What are the reviews and ratings of this charity?
88% rating from Charity Navigator indicates that Verner Inc has a solid standing in terms of accountability and finance, earning it a Three-Star out of Four Star rating. The overall score reflects excellence in various categories, with particularly high marks in governance and financial oversight. This suggests that the organization is well-managed and maintains transparency in its operations.
User feedback highlights Verner Inc as an impactful nonprofit, particularly praised for its comprehensive services such as food, childcare, and educational support for low-income families in Asheville. Reviews indicate that the organization not only cares for children but also empowers parents through training in childcare and life skills, which has a lasting positive effect on the community.
While the feedback is overwhelmingly positive, it is important for potential supporters to consider how the organization allocates its resources, as evidenced by a program expense ratio of 67.06%. This metric points to the need for continued focus on maximizing programmatic impact while ensuring financial sustainability. Overall, Verner Inc appears to be making significant strides in addressing the needs of its community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Verner Inc legitimate?
Verner Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verner 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: $72,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,674,458
For more financial information, click here
Official website here: www.vernerearlylearning.org
What is the mission statement of Verner Inc?
Verner Inc's mission is centered around fostering holistic learning environments that empower young children and their families to thrive. This organization strives to provide high-quality early care and education to a capacity of 204 children, ranging from 6 weeks to 5 years old, across three locations. The learning environments cater to children on a part-time to full-time basis, with hours extending up to 10 hours per day, five days a week.
Official website here: www.vernerearlylearning.org
What is the revenue of Verner Inc?
Verner Inc's revenue in 2024 was $5,365,922.
Official website here: www.vernerearlylearning.org
Who are the executives of Verner Inc and what are their salaries?
The average compensation at Verner Inc during 2024 was $30,968. There are 121 employees and 224 volunteers at Verner Inc.
Here are 19 key members and their salaries:
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Official website here: www.vernerearlylearning.org
Where can I find the form 990 for Verner Inc?
Verner Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vernerearlylearning.org
Learn more at the official website: www.vernerearlylearning.org
Mission Statement of Verner Inc
Verner Inc, a nonprofit organization, is committed to fostering holistic learning environments that enable young children and their families to thrive. Their mission is centered around providing high-quality early care and education to children aged six weeks to five years. This includes offering services on a 3/4 time to full-time basis, with schedules ranging from five days a week for up to ten hours daily. By creating such environments, Verner Inc seeks to support the overall development and growth of the young children in its care, as well as their families.
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Impact
July, 2024
Verner Inc's impact lies in fostering holistic learning environments where young children and families thrive. Through the provision of high-quality early care and education to a capacity of 204 children aged 6 weeks to 5 years across three locations in Buncombe County, Verner Inc is actively shaping the foundation of these young lives and supporting families in their growth and development. Its mission to create such nurturing spaces underscores its commitment to enriching the lives of the community it serves, making a significant impact on the early childhood education landscape in Asheville, NC.
This information is meant to be a general summary of Verner 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 2024.
- Investment Income: $18,919
- Program Service Revenue: $962,128
- Gross Receipts: $5,368,264
Assets and Liabilities:
- Total Assets: $6,538,591
- Total Liabilities: $1,555,379
- Net Assets: $4,983,212
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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
$962,128
Organization Details
Founding Year
1997
Principal Officer
Charlie Glazener
Website
www.vernerearlylearning.orgNTEE Category
Code: T20I - Philanthropy
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