Overview
What is Operation Kids Inc?
Operation Kids Inc is a nonprofit organization situated in Texarkana, Arkansas (specifically at 2718 Woodland Oaks Dr). Its primary mission is to support home-based daycare providers by sponsoring them through the Child and Adult Care Food Program. This program provides financial assistance to cover the cost of meals served to children under their care. This initiative follows guidelines set by both the USDA and the state of Arkansas and Texas. Operation Kids Inc employs a team of 10 individuals, dedicated to ensuring the success of this program.
What are the reviews and ratings of this charity?
75% rating from Charity Navigator indicates that Operation Kids Inc has earned a Three-Star out of Four Stars designation, reflecting a solid performance in accountability and finance. The score is derived entirely from the Accountability & Finance beacon, suggesting that the organization has robust financial practices in place.
Strengths highlighted in the review include a fully independent board and excellent oversight of financial statements. The charity demonstrates strong governance, with no material diversion of assets reported and established conflict of interest policies. Additionally, it has a commendable program expense ratio of 100%, indicating that all funds raised are directed towards its charitable programs.
However, the organization did face some limitations, particularly in its liabilities to assets ratio, which scored low at 0 out of 15 points. This could suggest potential financial vulnerabilities that may need to be addressed moving forward. Overall, Operation Kids Inc shows a commitment to transparency and effective use of resources, but it may benefit from improved financial stability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Operation Kids Inc legitimate?
Operation Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,703
For more financial information, click here
What is the mission statement of Operation Kids Inc?
Operation Kids Inc's mission is centered around sponsoring home-based day care providers. Specifically, they aim to support these providers by reimbursing them for meals served to children under their care, following guidelines set by the USDA and state regulations, in both Arkansas and Texas. This initiative aims to enhance the nutritional well-being of children enrolled in home-based day care services.
Who is the CEO of Operation Kids Inc?
Ann Lindsey Lentz is the Chairperson of Operation Kids Inc.
What is the revenue of Operation Kids Inc?
Operation Kids Inc's revenue in 2022 was $1,927,881.
Who are the executives of Operation Kids Inc and what are their salaries?
The average compensation at Operation Kids Inc during 2022 was $23,070. There are 10 employees at Operation Kids Inc.
Here are 5 key members and their salaries:
- Compensation: $71,378
- Related: $0
- Other: $0
- Compensation: $22,343
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Operation Kids Inc?
Operation Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operation Kids Inc
Operation Kids Inc, as a nonprofit organization, focuses on sponsoring home-based day care providers. Their mission is to support these providers financially by reimbursing them for the meals they provide to the children in their care. The reimbursement is calculated based on guidelines set by the USDA and the respective state authorities, specifically for Arkansas and Texas. This initiative ensures that children in home-based day care receive nutritious meals, while also supporting the providers who are instrumental in their early education and development.
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Impact
July, 2024
Operation Kids Inc's impact is felt deeply in its mission to sponsor home-based day care providers with the Child and Adult Care Food Program. By reimbursing providers for meals served to children in their care, based on USDA and state guidelines for Arkansas and Texas, the organization plays a vital role in ensuring that children receive proper nutrition and support. This initiative not only benefits the day care providers but also has a direct and positive impact on the well-being and development of the children they serve.
This information is meant to be a general summary of Operation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,927,881
- Gross Receipts: $1,927,881
Assets and Liabilities:
- Total Assets: $194,555
- Total Liabilities: $147,040
- Net Assets: $47,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CONTRACTS FROM GOVER
Revenue
$1,927,881
Organization Details
Founding Year
1989
Phone
(469) 766-7833Principal Officer
Ann Lindsey Lentz
Main Address
2718 WOODLAND OAKS DR, TEXARKANA, AR, 71854
NTEE Category
Code: K40Z - Food
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