Overview
What is Institute Of Community Servicesinc?
The Institute of Community Servicesinc, located in Holly Springs, Mississippi, is a dedicated nonprofit organization that caters to approximately 4,000 children, primarily from low-income families. Their mission encompasses providing essential preschool and day care services to ensure the children's early education and development are nurtured. With a team of 982 employees, the Institute's commitment extends beyond academics, offering a comprehensive range of educational, medical, and services for children with disabilities.
Official website here: www.ics-hs.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 77%, Three-Star out of Four Star rating.
The Institute of Community Services, Inc. has received a Three-Star rating due to its overall score of 77%, which is entirely derived from its Accountability & Finance metrics. The organization demonstrates strong governance with a fully independent board and a well-structured oversight committee, receiving top marks in these areas. Additionally, their financial practices are commendable, as indicated by a high program expense ratio of 89.53%, which suggests that a significant portion of their funds is directed toward their mission.
However, the organization has been noted to have a low score regarding its liabilities to assets ratio, which is recorded at 93.80%. This may indicate potential financial risk, suggesting that the organization's liabilities are close to matching its assets. While the strong program expense ratio is a positive indicator, the financial health concerns warrant attention for potential improvement in sustainability.
Overall, the Institute of Community Services, Inc. has established a solid foundation of accountability and sound financial practices, but it should focus on addressing its liabilities to ensure long-term operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Institute Of Community Servicesinc legitimate?
Institute Of Community Servicesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Community Servicesinc 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: $329,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,736,742
For more financial information, click here
Official website here: www.ics-hs.org
What is the mission statement of Institute Of Community Servicesinc?
The Institute of Community Servicesinc is dedicated to offering preschool and day care services primarily to children from low-income families. Their mission is geared towards ensuring these young children have access to educational resources that would otherwise be unreachable. With a focus on serving approximately 4,000 kids, they extend their reach beyond just academics, also providing medical and special needs care. The organization's goal is to create a nurturing environment that sets the foundation for future success. The Institute's commitment to the community extends beyond early childhood, as they aim to provide comprehensive support to help families thrive.
Official website here: www.ics-hs.org
Who is the CEO of Institute Of Community Servicesinc?
Eloise Mcclinton is the Ceo of Institute Of Community Servicesinc. The CEO's salary of Institute Of Community Servicesinc is $182,844 and their total compensation is $193,815.
Official website here: www.ics-hs.org
What is the revenue of Institute Of Community Servicesinc?
Institute Of Community Servicesinc's revenue in 2023 was $45,897,448.
Official website here: www.ics-hs.org
Who are the executives of Institute Of Community Servicesinc and what are their salaries?
The average compensation at Institute Of Community Servicesinc during 2023 was $24,508. There are 982 employees and 3000 volunteers at Institute Of Community Servicesinc.
Here are 21 key members and their salaries (Institute Of Community Servicesinc's CEO's salary is $182,844 and their total compensation is $193,815):
- Compensation: $182,844
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- Other: $10,971
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Official website here: www.ics-hs.org
Where can I find the form 990 for Institute Of Community Servicesinc?
Institute Of Community Servicesinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ics-hs.org
Learn more at the official website: www.ics-hs.org
Mission Statement of Institute Of Community Servicesinc
The Institute of Community Servicesinc is a dedicated organization that strives to make a difference in the lives of children primarily from low-income families. With a focus on early education, this nonprofit provides essential preschool and day care services. These services not only contribute to the cognitive development of young children but also offer a nurturing environment that fosters their social and emotional growth.
The Institute's mission is twofold. Primarily, it aims to extend educational opportunities to children who might not otherwise have access. By providing top-notch preschool programs, the Institute helps set the foundation for these children's future academic success. Additionally, it offers day care services, ensuring that working parents can maintain employment while their children are well taken care of.
Furthermore, the Institute of Community Servicesinc extends its reach beyond basic education. It provides a range of supportive services to cater to the unique needs of approximately 4,000 children. These services may include medical care and accommodations for children with disabilities. As a result, the Institute plays a crucial role in ensuring that young learners receive a well-rounded start in life, regardless of their background or circumstances.
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Impact
October, 2024
The Institute Of Community Services, Inc. plays a vital role in enhancing the lives of children from low-income families by providing essential preschool and daycare services. By catering to approximately 4,000 children, the organization ensures access to educational, medical, and handicap services, fostering a supportive environment for early childhood development in Holly Springs, MS.
Through its programs, the Institute not only addresses the immediate needs of these families but also contributes to long-term societal benefits. Children are equipped with foundational skills and socialization opportunities that prepare them for future educational success. This initiative alleviates some of the challenges faced by low-income families, allowing parents to pursue employment and further education while their children are cared for and learning in a nurturing environment.
The Institute’s mission reflects a deep commitment to breaking the cycle of poverty by investing in the youngest and most vulnerable members of the community, ultimately promoting greater equity and improved quality of life for families in the region.
This information is meant to be a general summary of Institute Of Community Servicesinc. 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 2023.
- Investment Income: $804
- Gross Receipts: $45,897,448
Assets and Liabilities:
- Total Assets: $6,850,650
- Total Liabilities: $6,426,331
- Net Assets: $424,319
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Organization Details
Founding Year
1968
Phone
(662) 252-1582Principal Officer
Eloise Mcclinton
Main Address
210 WEST VALLEY AVENUE, HOLLY SPRINGS, MS, 38635
Website
www.ics-hs.orgNTEE Category
Code: P330 - Human services
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