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Murwood Keyspot Inc

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

EIN: 680298298 ✦ Walnut creek, CA ✦ Designated as a 501(c)(3)

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Overview

What is Murwood Keyspot Inc?

Murwood Keyspot Inc is a nonprofit child care enrichment program situated on the Murwood Elementary School campus in Walnut Creek, California. The organization, which serves a total of 123 children, offers before- and after-school care, as well as a summer program titled "Camp Keyspot" for local families. Murwood Keyspot's mission is to create an environment that celebrates the individual child, both within and outside of a group, and fosters their spirited growth. The center believes that while home is irreplaceable, Keyspot provides a close alternative, promoting an atmosphere that explores life's wonders. With a dedicated team of 22 employees, Murwood Keyspot is committed to enriching the lives of young children.


Official website here: www.murwoodkeyspot.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating

Murwood Keyspot Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and financial management. With an overall score derived from a single beacon focused on accountability and finance, the organization demonstrates transparency in its operations, which is crucial for donor trust.

The organization boasts a fully independent board, scoring 8 out of 8 points in that category, indicating strong governance practices. Additionally, it has a low liabilities to assets ratio of 2.73%, showcasing financial stability. The program expense ratio is also impressive at 79.18%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs.

While the rating highlights many strengths, it is important for potential donors to consider the overall context of the charity's missions and outcomes beyond just financial metrics. Engaging with the organization's activities and impact can provide a more comprehensive understanding of its effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Murwood Keyspot Inc legitimate?

Murwood Keyspot Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Murwood Keyspot 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: $496,353

For more financial information, click here


Official website here: www.murwoodkeyspot.org

What is the mission statement of Murwood Keyspot Inc?

Murwood Keyspot Inc, as a non-profit organization, strives to create an environment that fosters curiosity about life, celebrates the uniqueness of each child, and encourages their individual growth. It believes that while home is important, Keyspot provides a close alternative. The center's mission is to provide child care enrichment programs, including before-school and after-school care, and a summer program known as "Camp Keyspot." These programs aim to serve a diverse group of children, serving a total of 123 children during the fiscal year ending June 30, 2023. The center's philosophy is to nurture the whole child, celebrating their individuality and fostering their spirited growth in a group setting.


Official website here: www.murwoodkeyspot.org

Who is the CEO of Murwood Keyspot Inc?

Lauren Lyon is the President of Murwood Keyspot Inc.


Official website here: www.murwoodkeyspot.org

What is the revenue of Murwood Keyspot Inc?

Murwood Keyspot Inc's revenue in 2023 was $713,054.


Official website here: www.murwoodkeyspot.org

Who are the executives of Murwood Keyspot Inc and what are their salaries?

The average compensation at Murwood Keyspot Inc during 2023 was $22,562. There are 22 employees and 5 volunteers at Murwood Keyspot Inc.


Here are 5 key members and their salaries:


Lauren Lyon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Ricketts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liza Etu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Haas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farangis Keyashian (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.murwoodkeyspot.org

Where can I find the form 990 for Murwood Keyspot Inc?

Murwood Keyspot Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.murwoodkeyspot.org

Learn more at the official website: www.murwoodkeyspot.org

Mission Statement of Murwood Keyspot Inc

Murwood Keyspot Inc, a non-profit child care center, is committed to creating an environment that fosters curiosity about life, celebrates the unique individuality of each child, and encourages the overall growth of the child. The center believes that although there's no place like home, Keyspot comes close in providing a nurturing atmosphere that promotes the holistic development of children. Murwood Keyspot is primarily known for its before- and after-school enrichment programs, which are available on-site. During the fiscal year ending in June 2023, these programs served a total of 123 children. Additionally, the center offers a summer program titled "Camp Keyspot" for local families, further expanding its reach and services to the community's children.

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Impact




July, 2024

Murwood Keyspot Inc's impact is significant in providing a nurturing and enriching environment for children at the Murwood Elementary School campus in Walnut Creek. The center's dedication to exploring the wonder of life, celebrating individual children, and promoting the spirited growth of each child goes beyond just childcare. By offering before- and after-school care, as well as a summer program called "Camp Keyspot," they are supporting local families and serving the needs of the community. Through their human services-focused approach, Murwood Keyspot Inc plays a vital role in shaping the growth and development of children, fostering a sense of belonging and growth outside the home environment.




This information is meant to be a general summary of Murwood Keyspot 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
$713,054 (2023)
Expenses
$748,627 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,169
  • Program Service Revenue: $698,110
  • Gross Receipts: $713,054

Assets and Liabilities:

  • Total Assets: $433,000
  • Total Liabilities: $11,851
  • Net Assets: $421,149

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Programs

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

Camp Tuition

Revenue

$168,801

Childcare Services

Revenue

$529,309

Organization Details

Founding Year

1992

Principal Officer

Lauren Lyon

Main Address

2050 Vanderslice Ave, Walnut Creek, CA, 94596

NTEE Category

Code: P33 - Human services

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