Overview
What is Life Span Of Palm Beach County Inc?
Life Span of Palm Beach County Inc is a nonprofit organization situated in Riviera Beach, Florida. Their primary focus is on delivering top-tier community child care services, catering to an average of 110 children. By doing so, they contribute significantly to the local community. Their mission is deeply rooted in providing quality care, ensuring the well-being and development of the children they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that Life Span Of Palm Beach County Inc may have certain areas of concern, particularly regarding transparency and governance practices. While the organization has achieved a solid program expense ratio of 80.28%, reflecting a commitment to directing funds toward its mission, there are significant weaknesses in its accountability measures.
One of the primary concerns is the low percentage of independent board members, with only 28% of the board being independent. This lack of independence can potentially influence the effectiveness of the oversight provided, which is further affected by the absence of important governance policies, such as a whistleblower policy and document retention guidelines. The organization also failed to make key documents available online, which hinders transparency for stakeholders.
On a positive note, Life Span Of Palm Beach County Inc demonstrated responsible financial management with a liabilities to assets ratio of 37.27%. Additionally, it received full points for financial statement review and did not report any material diversion of assets. However, addressing the noted governance and transparency shortcomings would be crucial for improving its overall accountability and trustworthiness in the eyes of supporters and donors.
This AI summary has been generated from information found on Charity Navigator.
Is Life Span Of Palm Beach County Inc legitimate?
Life Span Of Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Span Of Palm Beach County 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: $290,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,507
For more financial information, click here
What is the mission statement of Life Span Of Palm Beach County Inc?
Life Span of Palm Beach County, as an organization, is dedicated to delivering top-notch community child care services. They cater to an average of 110 children, providing them with a nurturing environment. The primary focus of Life Span of Palm Beach County is to ensure the children under their care receive the best possible care, promoting their overall development and well-being. While the provided information does not specify any further details about their mission, it can be inferred that their mission encompasses providing quality child care services to those in need.
Who is the CEO of Life Span Of Palm Beach County Inc?
Perry Mitchell is the Executive Dir. of Life Span Of Palm Beach County Inc.
What is the revenue of Life Span Of Palm Beach County Inc?
Life Span Of Palm Beach County Inc's revenue in 2022 was $921,744.
Who are the executives of Life Span Of Palm Beach County Inc and what are their salaries?
The average compensation at Life Span Of Palm Beach County Inc during 2022 was $31,383. There are 17 employees at Life Span Of Palm Beach County Inc.
Here are 7 key members and their salaries:
- Compensation: $290,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Life Span Of Palm Beach County Inc?
Life Span Of Palm Beach County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life Span Of Palm Beach County Inc
Life Span of Palm Beach County, a nonprofit organization, is committed to delivering top-notch community child care services. Their mission is centered around providing a nurturing environment for an average of 110 children in Riviera Beach, Florida. The focus of their activities is to ensure the children under their care receive the highest quality of care, fostering their overall development and well-being.
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Impact
July, 2024
Life Span Of Palm Beach County Inc's impact can be seen in the quality community child care services it provides to an average of 110 children in Riviera Beach, FL. By offering these services, Life Span of Palm Beach County contributes to the well-being and development of children in the local community. The organization's mission is to ensure that these children receive the care and support they need to thrive, ultimately making a positive impact on their lives and the community as a whole.
This information is meant to be a general summary of Life Span Of Palm Beach County 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.
- Program Service Revenue: $866,972
- Gross Receipts: $921,744
Assets and Liabilities:
- Total Assets: $1,681,307
- Total Liabilities: $626,707
- Net Assets: $1,054,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$866,972
Organization Details
Founding Year
1993
Phone
(561) 882-1724Principal Officer
Perry Mitchell
Main Address
1400 N Congress Ave, Riviera Beach, FL, 33404
NTEE Category
Code: P33Z - Human services
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