Overview
What is Open Arms Learning Center Inc?
Open Arms Learning Center Inc, located at 222 East Wade Street, Mountain Home, Arkansas 72653, is a nonprofit organization dedicated to providing daycare services to the community. Their primary mission is to enable parents to maintain employment by offering structured educational time for children ranging from infancy to middle school. With a team of 72 employees, they cater to this age group, ensuring the children receive adequate care while their parents are at work. The center's activities focus on providing a nurturing environment, fostering learning, and supporting both the children and their families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (55%)
Open Arms Learning Center Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 55% overall, reflecting weaknesses in governance as evidenced by a lack of independent board members and missing policies related to conflict of interest and whistleblowing.
Despite these governance issues, the nonprofit showcases a strong commitment to its mission with a program expense ratio of 79.41%. This suggests that a substantial portion of its budget is allocated directly to programs, which is a positive indicator of its focus on impact. Additionally, the organization has demonstrated good practices in auditing and financial oversight with a perfect score in that area.
However, the absence of essential governance policies and the missing website information raise red flags about transparency and accountability. These shortcomings may hinder the organization's effectiveness and trustworthiness among donors and stakeholders. Overall, while Open Arms Learning Center Inc is devoted to its cause, it has considerable work to do in improving its governance and financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Open Arms Learning Center Inc legitimate?
Open Arms Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Arms 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: $201,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,113,272
For more financial information, click here
What is the mission statement of Open Arms Learning Center Inc?
Open Arms Learning Center Inc's mission is centered around providing child care services. This non-profit organization caters to children ranging from infancy to middle school age. The primary objective is to enable parents to maintain employment by offering reliable and high-quality daycare services. The center provides structured instructional time for the children of the community, ensuring their well-being and development while their parents attend work.
Who is the CEO of Open Arms Learning Center Inc?
Jill Wilson is the President of Open Arms Learning Center Inc.
What is the revenue of Open Arms Learning Center Inc?
Open Arms Learning Center Inc's revenue in 2022 was $2,548,778.
Who are the executives of Open Arms Learning Center Inc and what are their salaries?
The average compensation at Open Arms Learning Center Inc during 2022 was $18,264. There are 72 employees at Open Arms Learning Center Inc.
Here are 5 key members and their salaries:
- Compensation: $119,476
- Related: $0
- Other: $0
- Compensation: $82,236
- 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 Open Arms Learning Center Inc?
Open Arms Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Open Arms Learning Center Inc
Open Arms Learning Center Inc is committed to providing a vital service for the community. Their mission, in essence, revolves around offering child care services for children spanning from infancy to the middle school age range. This allows parents to maintain their employment, ensuring a stable income for their families. The center provides daycare services that encompass structured instructional time, ensuring the children of the community receive a nurturing and educational environment during their parents' working hours. Open Arms Learning Center Inc plays an integral role in supporting both the children and their parents, promoting family stability and economic prosperity.
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Impact
July, 2024
Open Arms Learning Center Inc's impact is crucial in supporting working parents in Mountain Home, Arkansas by providing essential child care services for children ranging in age from infants to middle school. By offering structured instructional time and a safe environment for children, the center enables parents to maintain employment and contribute to the local economy. This organization plays a vital role in the community by ensuring that children receive quality care and educational support while their parents work, ultimately fostering a more stable and productive workforce.
This information is meant to be a general summary of Open Arms 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.
- Program Service Revenue: $117,434
- Gross Receipts: $2,548,778
Assets and Liabilities:
- Total Assets: $3,894,455
- Total Liabilities: $2,639,289
- Net Assets: $1,255,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE TUITION
Revenue
$117,434
Organization Details
Founding Year
1994
Phone
(870) 424-5758Principal Officer
Jill Wilson
Main Address
222 EAST WADE STREET, MOUNTAIN HOME, AR, 72653
NTEE Category
Code: B21Z - Education
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