Overview
What is Keystone Learning Academy Inc?
Keystone Learning Academy Inc, located in Louisville, Kentucky, is a dedicated nonprofit organization that offers quality childcare and developmental programs for infants, toddlers, and preschool children. The academy provides essential services year-round, including Early Head Start and Head Start for children and families. With a mission to enrich the lives of children and their families, Keystone Learning Academy offers educational, emotional, and physical development tools through high-quality, engaging education. The organization serves up to 82 children, employing a team of 23 individuals committed to nurturing and nurturing young minds.
Official website here: www.keystonelearningacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Keystone Learning Academy Inc has achieved a commendable four-star rating with a score of 92%, reflecting strong accountability and financial health. The overall score is driven by excellence in financial management, where the organization has demonstrated integrity through 100% independent board membership and robust oversight practices. This includes a solid performance in areas such as financial statements and the absence of material diversion of assets.
The nonprofit's commitment to transparency is evidenced by its comprehensive policies, including conflict of interest and document retention policies. However, it is noteworthy that the whistleblower policy is currently missing, which suggests an area for improvement in organizational governance. Despite this shortcoming, the organization manages a high program expense ratio of 84.52%, indicating that a substantial portion of their resources is allocated directly to their mission.
Overall, Keystone Learning Academy Inc stands out for its financial accountability and commitment to ethical practices. While there are opportunities to enhance its governance framework, the organization's achievements in transparency and effective resource allocation showcase its dedication to fulfilling its philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Keystone Learning Academy Inc legitimate?
Keystone Learning Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keystone Learning Academy 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: $155,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $569,410
For more financial information, click here
Official website here: www.keystonelearningacademy.org
What is the mission statement of Keystone Learning Academy Inc?
Keystone Learning Academy Inc's mission is centered around enhancing the lives of children and their families. They achieve this by offering high-quality, engaging education that encompasses both academic and emotional development. The Academy provides this education for infants all the way up to school-aged children, equipping them with essential tools for growth. Their activities extend beyond the classroom, encompassing physical development as well. In summary, Keystone Learning Academy Inc aims to enrich the lives of children and their families by offering top-notch education, emotional support, and opportunities for physical development.
Official website here: www.keystonelearningacademy.org
What is the revenue of Keystone Learning Academy Inc?
Keystone Learning Academy Inc's revenue in 2024 was $1,089,377.
Official website here: www.keystonelearningacademy.org
Who are the executives of Keystone Learning Academy Inc and what are their salaries?
The average compensation at Keystone Learning Academy Inc during 2024 was $34,539. There are 21 employees and 50 volunteers at Keystone Learning Academy Inc.
Here are 11 key members and their salaries:
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- Compensation: $44,131
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- Compensation: $47,714
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- Other: $5,434
Official website here: www.keystonelearningacademy.org
Where can I find the form 990 for Keystone Learning Academy Inc?
Keystone Learning Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.keystonelearningacademy.org
Learn more at the official website: www.keystonelearningacademy.org
Mission Statement of Keystone Learning Academy Inc
Keystone Learning Academy Inc is dedicated to enhancing the lives of children and their families by offering high-quality, engaging education that focuses on their educational, emotional, and physical development. This nonprofit organization's mission is to provide a nurturing environment for infants, toddlers, and school-aged children, ensuring they receive the best possible care and developmental support. To achieve this, Keystone Learning Academy Inc offers a range of services, including early Head Start and Head Start programs, which cater to children and their families year-round. Through these services, the academy serves up to 82 children over 250 days each year, providing them with the tools they need to grow and thrive. By prioritizing quality childcare and developmental programs, Keystone Learning Academy Inc strives to create a positive impact on the lives of children and their families, enriching their experiences and fostering a love for lifelong learning.
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Impact
July, 2024
Keystone Learning Academy Inc positively impacts the lives of children and their families by providing high-quality educational, emotional, and physical development tools. They offer enriching childcare and developmental programs for infants, toddlers, and preschool children, as well as early Head Start and Head Start services year-round. Serving up to 82 children over 250 days throughout the year in Louisville, KY, their mission is to provide engaging education from infancy through school-age, helping to foster well-rounded development in the children they serve.
This information is meant to be a general summary of Keystone Learning Academy 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: $646
- Program Service Revenue: $918,235
- Gross Receipts: $1,089,377
Assets and Liabilities:
- Total Assets: $736,648
- Total Liabilities: $98,889
- Net Assets: $637,759
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$918,235
Organization Details
Founding Year
1970
Principal Officer
Sharon L Hemingway
NTEE Category
Code: P33Z - Human services
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