Overview
What is Jacob's Ladder Learning Center Inc?
Jacob's Ladder Learning Center Inc is a nonprofit organization that dedicates its efforts to educating disadvantaged children and supporting adolescents and young adults with intellectual disabilities. Operating within a nurturing Christian environment, the center strives to prepare these individuals for a successful transition into adulthood. The organization's mission is to offer a high-quality educational experience, fostering personal growth and development for each student. They aim to equip their learners with essential skills to navigate through life with confidence and independence.
Official website here: www.jacobsladderlearningcntr.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Jacob's Ladder Learning Center Inc has received a 76% rating from Charity Navigator, which earns it a Three-Star designation. This rating is primarily derived from its Accountability & Finance metrics, reflecting the organization’s transparency and financial management. The rating indicates a solid performance in key areas, particularly regarding board independence and the absence of material asset diversion.
The organization has an impressive score for having 80% of its board members as independent, leading to full points in both board member independence and size. Additionally, it shows strong financial health with a low liabilities-to-assets ratio of 0.41% and a program expense ratio of 100%, indicating that all of its expenditures go directly to its programs.
However, the ratings also highlight some limitations, such as the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which received no points. These gaps suggest areas for improvement in governance practices that could enhance overall accountability and transparency moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Jacob's Ladder Learning Center Inc legitimate?
Jacob's Ladder Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacob's Ladder Learning Center 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: $60,840
For more financial information, click here
Official website here: www.jacobsladderlearningcntr.com
What is the mission statement of Jacob's Ladder Learning Center Inc?
Jacob's Ladder Learning Center Inc's mission is centered around providing a high-quality education to adolescents and young adults with intellectual disabilities. This is done in a nurturing Christian environment, with the ultimate goal of preparing them for successful transitions into adulthood. The organization is committed to empowering these individuals, ensuring they receive the support they need to thrive and reach their full potential. The learning center fosters an inclusive atmosphere, where students can grow both academically and personally, fostering their development into responsible and capable adults.
Official website here: www.jacobsladderlearningcntr.com
Who is the CEO of Jacob's Ladder Learning Center Inc?
Michael Mathews is the President of Jacob's Ladder Learning Center Inc.
Official website here: www.jacobsladderlearningcntr.com
What is the revenue of Jacob's Ladder Learning Center Inc?
Jacob's Ladder Learning Center Inc's revenue in 2022 was $146,490.
Official website here: www.jacobsladderlearningcntr.com
Who are the executives of Jacob's Ladder Learning Center Inc and what are their salaries?
The average compensation at Jacob's Ladder Learning Center Inc during 2022 was $30,420. There are 2 employees at Jacob's Ladder Learning Center Inc.
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Official website here: www.jacobsladderlearningcntr.com
Where can I find the form 990 for Jacob's Ladder Learning Center Inc?
Jacob's Ladder Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jacobsladderlearningcntr.com
Learn more at the official website: www.jacobsladderlearningcntr.com
Mission Statement of Jacob's Ladder Learning Center Inc
Jacob's Ladder Learning Center Inc is dedicated to providing a nurturing Christian environment for adolescents and young adults with intellectual disabilities. Their mission is to equip these individuals with a quality education, setting them up for success in their adult lives. By teaching in this supportive setting, Jacob's Ladder Learning Center aims to empower these disadvantaged children, helping them navigate their future with confidence and independence.
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Impact
October, 2024
Jacob's Ladder Learning Center Inc significantly impacts the lives of disadvantaged children and adolescents with intellectual disabilities in Vicksburg, MS. By providing a quality education in a nurturing Christian environment, the center equips these individuals with the skills and confidence necessary for successful adulthood. The emphasis on compassionate teaching fosters not only academic development but also personal growth, helping students build social skills and resilience. By addressing the unique challenges faced by its students, Jacob's Ladder prepares them for a fulfilling future and encourages their integration into the community, ultimately contributing to a more inclusive society.
This information is meant to be a general summary of Jacob's Ladder Learning Center 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.
- Investment Income: -$19,511
- Program Service Revenue: $76,559
- Gross Receipts: $229,064
Assets and Liabilities:
- Total Assets: $350,766
- Total Liabilities: $1,440
- Net Assets: $349,326
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Organization Details
Founding Year
2000
Phone
(601) 631-0885Principal Officer
Michael Mathews
Main Address
267 YMCA PLACE, VICKSBURG, MS, 39183
NTEE Category
Code: B21 - Education
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