Overview
What is Love-N-Home Child Care Inc?
Love-N-Home Child Care Inc, located in Ponca, Arkansas, is a nonprofit organization with a focus on the health and nutrition of children in child care homes. They provide reimbursement for meals and snacks served to children, aiming to enhance their nutritional status and foster good eating habits. Their operations adhere to the guidelines set by the CACFP (Child and Adult Care Food Program). With a team of two dedicated individuals, Love-N-Home Child Care Inc prioritizes the well-being and development of the children in their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Love-N-Home Child Care Inc has achieved an 86% score, resulting in a Three-Star rating, which indicates a solid level of accountability and financial health. The rating is derived entirely from their Accountability & Finance score, showing that the organization meets several key financial standards and governance practices.
Strengths of the organization include a significant commitment to transparency, as evidenced by their independent board structure, with 60% independent members, and a strong financial oversight mechanism. Their program expense ratio stands at an impressive 87.46%, indicating that a large portion of their funds is directly allocated to their programs, which is vital for a nonprofit focused on child care.
However, there are some areas for improvement, particularly concerning their liabilities to assets ratio, which is at 60.25%. This may suggest that the organization has a relatively high level of liabilities compared to its assets, something stakeholders may want to keep in mind as they evaluate the nonprofit's long-term financial stability. Overall, the organization demonstrates a commitment to effective governance and program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Love-N-Home Child Care Inc legitimate?
Love-N-Home Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love-N-Home Child Care 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: $58,106
For more financial information, click here
What is the mission statement of Love-N-Home Child Care Inc?
Love-N-Home Child Care Inc's mission is focused on enhancing and upholding the health and nutritional well-being of children under their care. They aim to foster the development of positive eating habits in these children. All their operations adhere to the guidelines set by CACFP (Child and Adult Care Food Program). The organization provides reimbursements to child care homes for the food they serve to children, typically offering two meals and one snack daily for a period of 363 days. This ensures that the children in their care receive balanced and nutritious meals, promoting their overall growth and development.
Who is the CEO of Love-N-Home Child Care Inc?
Darlene Parker is the Secretary of Love-N-Home Child Care Inc.
What is the revenue of Love-N-Home Child Care Inc?
Love-N-Home Child Care Inc's revenue in 2022 was $707,065.
Who are the executives of Love-N-Home Child Care Inc and what are their salaries?
The average compensation at Love-N-Home Child Care Inc during 2022 was $29,053. There are 2 employees at Love-N-Home Child Care Inc.
Here are 5 key members and their salaries:
- Compensation: $22,724
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Love-N-Home Child Care Inc?
Love-N-Home Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Love-N-Home Child Care Inc
Love-N-Home Child Care Inc is dedicated to enhancing and preserving the health and nutritional well-being of children in their care, while simultaneously fostering the development of healthy eating habits. The organization conducts all its activities in adherence to the guidelines set by the CACFP (Child and Adult Care Food Program). In essence, Love-N-Home Child Care Inc serves meals and snacks to children in their care, ensuring they receive proper nutrition for 363 days each year. This commitment to nourishment and good eating habits is central to the organization's mission, aiming to set a positive foundation for the children's overall health and development.
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Impact
July, 2024
Love-N-Home Child Care Inc has a significant impact on the health and well-being of children in care by improving and maintaining their nutritional status. Through their adherence to CACFP guidelines, they ensure that children receive balanced and nutritious meals throughout the year. By promoting the development of good eating habits, Love-N-Home Child Care Inc plays a crucial role in supporting the overall health and growth of young children in Ponca, Arkansas.
This information is meant to be a general summary of Love-N-Home Child Care 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: $707,065
- Gross Receipts: $707,065
Assets and Liabilities:
- Total Assets: $155,631
- Total Liabilities: $98,577
- Net Assets: $57,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE CENTERS
Revenue
$268,355
CHILD CARE HOMES
Revenue
$266,841
ADMIN
Revenue
$94,330
AT-RISK CENTERS
Revenue
$77,539
Organization Details
Founding Year
1991
Phone
(870) 861-5517Principal Officer
Darlene Parker
Main Address
PO BOX 120, PONCA, AR, 72670
NTEE Category
Code: P33Z - Human services
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