Overview
What is First United Methodistcalvary Baptist Church High Street Neighborhood Center?
First United Methodistcalvary Baptist Church High Street Neighborhood Center is a nonprofit organization situated in Lexington, Kentucky, specifically at 228 S Limestone St. Their primary mission is to provide educational and daycare services to families with low income. They employ a team of 31 individuals to fulfill this mission, offering a supportive environment for children in need. The center's activities are centered around educating and caring for these children, aiming to make a positive impact on their lives and their families' well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The First United Methodist-Calvary Baptist Church High Street Neighborhood Center has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall financial accountability and transparency. The charity's score is primarily based on a single beacon score, specifically focusing on Accountability & Finance, where it scored 67%. This score reflects the organization’s commitment to transparency and responsible financial management, yet it suggests that there are areas where the organization can develop further.
One of the strengths of the organization is its governance structure, as evidenced by the presence of a majority of independent board members, scoring a perfect 100% in that category. Additionally, the charity demonstrates strong accountability with a low liabilities-to-assets ratio (1.61%) and a high program expense ratio (87.19%), indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. The documentation of board meeting minutes aligns with best practices in governance.
However, despite these strengths, the overall rating of 67% signifies potential shortcomings in other areas that could impact the charity's effectiveness and public perception. Continued efforts to enhance financial transparency and operational practices may help the organization improve its rating and increase donor confidence in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is First United Methodistcalvary Baptist Church High Street Neighborhood Center legitimate?
First United Methodistcalvary Baptist Church High Street Neighborhood Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. First United Methodistcalvary Baptist Church High Street Neighborhood 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: $38,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,224
For more financial information, click here
What is the mission statement of First United Methodistcalvary Baptist Church High Street Neighborhood Center?
The First United Methodistcalvary Baptist Church's Neighborhood Center, through its mission, focuses on providing educational daycare services to families who are financially disadvantaged. Its primary goal is to cater to the educational needs and early childhood development of these children, thereby offering them a solid foundation. The center aims to ensure that these children, despite their economic backgrounds, have access to quality education and care. Additionally, the center's activities are geared towards supporting low-income families, providing them with a much-needed resource in their community.
Who is the CEO of First United Methodistcalvary Baptist Church High Street Neighborhood Center?
E Hunt Ray Iii is the Treasurer of First United Methodistcalvary Baptist Church High Street Neighborhood Center.
What is the revenue of First United Methodistcalvary Baptist Church High Street Neighborhood Center?
First United Methodistcalvary Baptist Church High Street Neighborhood Center's revenue in 2022 was $638,074.
Who are the executives of First United Methodistcalvary Baptist Church High Street Neighborhood Center and what are their salaries?
The average compensation at First United Methodistcalvary Baptist Church High Street Neighborhood Center during 2022 was $12,785. There are 31 employees at First United Methodistcalvary Baptist Church High Street Neighborhood Center.
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- Compensation: $38,126
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Where can I find the form 990 for First United Methodistcalvary Baptist Church High Street Neighborhood Center?
First United Methodistcalvary Baptist Church High Street Neighborhood Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First United Methodistcalvary Baptist Church High Street Neighborhood Center
First United Methodistcalvary Baptist Church High Street Neighborhood Center is committed to providing education and day care services to families who are financially disadvantaged. Their mission is to create an environment that fosters learning and development for children from low-income families. By offering this vital service, the center aims to empower these families and help their children thrive, ultimately contributing to a stronger community. The center's activities are centered around education and day care, providing a safe and nurturing space where children can learn and grow under the guidance of dedicated professionals.
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Impact
July, 2024
The impact of the First United Methodistcalvary Baptist Church High Street Neighborhood Center is significant in providing education and day care services to low-income families in the Lexington, KY area. By offering these essential services, the center plays a crucial role in supporting the educational development and well-being of children from disadvantaged backgrounds. Additionally, it helps alleviate the financial burden on families who may not have access to affordable child care options. The center's mission to provide education and day care to low-income families truly makes a difference in the lives of those it serves.
This information is meant to be a general summary of First United Methodistcalvary Baptist Church High Street Neighborhood 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: $313
- Program Service Revenue: $406,455
- Gross Receipts: $638,074
Assets and Liabilities:
- Total Assets: $396,694
- Total Liabilities: $6,410
- Net Assets: $390,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT GRANTS-SERV
Revenue
$239,031
PARENTAL FEES
Revenue
$167,424
Organization Details
Founding Year
1969
Phone
(859) 233-1654Principal Officer
E Hunt Ray Iii
Main Address
228 S LIMESTONE ST, LEXINGTON, KY, 40508
NTEE Category
Code: P33Z - Human services
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