Overview
What is Children's Academy For Education And Learning?
The Children's Academy for Education and Learning is a nonprofit institution situated in Chattanooga, Tennessee, with a specific focus on providing daycare services. Their mission primarily caters to children from low-income and single-parent families, offering care during regular business hours. With a dedicated team of 16 employees, this organization plays a crucial role in supporting these families by offering quality childcare services, primarily for infants and children up to five years old. The Children's Academy for Education and Learning is committed to promoting the well-being and development of young children from underserved backgrounds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Children's Academy for Education and Learning has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization received a perfect score for its accountability measures, including having a fully independent board of directors and comprehensive financial oversight, indicating a robust governance structure.
The financial metrics are particularly impressive, with a program expense ratio of 94.69%, meaning that a significant majority of its funds are directed towards its educational programs rather than administrative overhead. Additionally, the organization maintains a low liabilities-to-assets ratio of 18.30%, illustrating sound financial management and stability.
While the ratings highlight the organization's strengths, such as its thorough policies and independent oversight, further information about its program outcomes and impact could enhance understanding of its effectiveness in serving children’s educational needs. Overall, the high rating signifies a trustworthy and well-managed nonprofit focused on education.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Academy For Education And Learning legitimate?
Children's Academy For Education And Learning is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Academy For Education And Learning 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: $485,676
For more financial information, click here
What is the mission statement of Children's Academy For Education And Learning?
The Children's Academy for Education and Learning is committed to providing child care services to families who fall under the income bracket of low income. Their mission is aimed at catering to the needs of infants and children up to five years old, primarily from single parent families. The academy offers day care services during regular business hours, ensuring that these children have a safe and secure environment during their parents' working hours. By providing this service, the academy aims to support and assist low-income families in their parental responsibilities.
Who is the CEO of Children's Academy For Education And Learning?
Katie C Harbison is the Ceo of Children's Academy For Education And Learning. The CEO's salary of Children's Academy For Education And Learning is $0 and their total compensation is $135,326.
What is the revenue of Children's Academy For Education And Learning?
Children's Academy For Education And Learning's revenue in 2022 was $781,618.
Who are the executives of Children's Academy For Education And Learning and what are their salaries?
The average compensation at Children's Academy For Education And Learning during 2022 was $30,355. There are 16 employees at Children's Academy For Education And Learning.
Here are 9 key members and their salaries (Children's Academy For Education And Learning's CEO's salary is $0 and their total compensation is $135,326):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $55,926
- Other: $4,591
- Compensation: $0
- Related: $65,353
- Other: $5,003
- Compensation: $0
- Related: $126,632
- Other: $8,694
Where can I find the form 990 for Children's Academy For Education And Learning?
Children's Academy For Education And Learning's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Children's Academy For Education And Learning
Children's Academy for Education and Learning is dedicated to providing child care services for low-income families. This nonprofit organization's mission is to cater to the needs of infants and children five years and younger, predominantly from low-income and single-parent families, by offering day care services during regular business hours. The primary goal of Children's Academy for Education and Learning is to offer a supportive environment where these children can grow and learn, ensuring their well-being and development.
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Impact
July, 2024
Children's Academy For Education And Learning provides crucial child care services to low-income families in Chattanooga, Tennessee. By offering day care services primarily to infants and children five years and younger from low-income and single-parent households, the center plays a vital role in supporting working parents who may not have access to affordable child care options. This enables parents to pursue employment and educational opportunities, ultimately helping to break the cycle of poverty in the community. Through its mission to provide child care services to those in need, Children's Academy For Education And Learning makes a significant impact on the lives of both children and families in Chattanooga.
This information is meant to be a general summary of Children's Academy For Education And Learning. 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: $64
- Program Service Revenue: $550,526
- Gross Receipts: $781,618
Assets and Liabilities:
- Total Assets: $909,477
- Total Liabilities: $166,602
- Net Assets: $742,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$550,526
Organization Details
Founding Year
1955
Phone
(423) 698-2456Principal Officer
Katie C Harbison
Main Address
315 GILLESPIE ROAD, CHATTANOOGA, TN, 37411
NTEE Category
Code: P33Z - Human services
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