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Heavenly Kids Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 660618401 ✦ Ponce, PR ✦ Designated as a 501(c)(3)

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Overview

What is Heavenly Kids Inc?

Heavenly Kids Inc, based in Ponce, Puerto Rico, is a nonprofit organization primarily focused on providing day care services for infants and preschool children. Their mission is to support low-income families by offering affordable child care, allowing parents to work or pursue education. The organization's operations cover various expenses, such as salaries, benefits, materials, rent, insurance, professional services, and food. With a team of 18 dedicated individuals, Heavenly Kids Inc is committed to contributing positively to the community by providing a nurturing environment for young children.

Is Heavenly Kids Inc legitimate?

Heavenly Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heavenly Kids 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: $262,376

For more financial information, click here

What is the mission statement of Heavenly Kids Inc?

Heavenly Kids Inc's mission is centered around providing day care services for infants and preschool children, primarily catering to low-income families. This service enables these families to either work or continue their studies, ensuring their children are well-cared for during the day. The organization's operations are funded for various expenses, including salaries, benefits, materials, rent, food, insurance, professional services, and more, all aimed at maintaining a functional day care center.

Who is the CEO of Heavenly Kids Inc?

Damaris David is the Principal Officer of Heavenly Kids Inc.

What is the revenue of Heavenly Kids Inc?

Heavenly Kids Inc's revenue in 2022 was $386,317.

Who are the executives of Heavenly Kids Inc and what are their salaries?

The average compensation at Heavenly Kids Inc during 2022 was $14,576. There are 18 employees and 1 volunteer at Heavenly Kids Inc.


Here are 2 key members and their salaries:


Maria Velez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yamaris Quiridongo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heavenly Kids Inc?

Heavenly Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Heavenly Kids Inc

Heavenly Kids Inc, a nonprofit organization, is committed to providing day care services for infants and preschool children from low-income families. The mission of Heavenly Kids Inc is to support these families by offering a safe and nurturing environment where their children can thrive while their parents are able to work or pursue their education. The organization's primary focus is on providing affordable day care services, ensuring that cost should not be a barrier for families in need. The funds allocated to Heavenly Kids Inc are utilized for various operating expenses, including salaries, fringe benefits, materials, rent, food, insurance, professional services, and more, with the ultimate goal of providing high-quality day care services for the children under its care.

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Impact




October, 2024

Heavenly Kids Inc provides essential day care services for infants and preschool children, particularly catering to low-income families in Ponce, PR. By offering a safe and nurturing environment, the organization enables parents to pursue work or educational opportunities without the stress of childcare concerns. The program ensures that children receive quality care, social interaction, and early education, fostering their development and preparing them for future academic success.

The impact of Heavenly Kids Inc extends beyond immediate childcare. It supports families in breaking the cycle of poverty by facilitating parents’ ability to secure stable employment or attain higher education. This contributes to the overall well-being of the community, as more parents are empowered to improve their financial situations and provide better futures for their children. Additionally, the organization’s use of funds for operational expenses, such as salaries, materials, and food, ensures a holistic approach to childcare that meets the needs of both the children and their families. Through its dedicated services, Heavenly Kids Inc plays a vital role in enhancing the quality of life for families in the region.




This information is meant to be a general summary of Heavenly Kids 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.

Revenue
$386,317 (2022)
Expenses
$380,400 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $386,317
  • Gross Receipts: $386,317

Assets and Liabilities:

  • Total Assets: $68,425
  • Total Liabilities: $49,608
  • Net Assets: $18,817

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARENTS INCOME

Revenue

$9,318

FEDERAL GRANTS

Revenue

$307,556

STATE GRANTS

Revenue

$69,443

Organization Details

Founding Year

2002

Principal Officer

Damaris David

Main Address

P O BOX 7560, PONCE, PR, 00732

NTEE Category

Code: P33 - Human services

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