Overview
What is Klassic Kidz Inc?
Klassic Kidz Inc, located in Pine Bluff, Arkansas, is a nonprofit organization with a mission to foster the holistic development of children enrolled in their daycare service. Their activities primarily revolve around offering educational, cultural, and manipulative skills to prepare children for their future in public schools and beyond. With around 60 employees, Klassic Kidz Inc strives to create a safe, loving, and joyful environment that encourages cognitive, linguistic, and literacy growth in its students. Their services cater to 15 families between January 1, 2021, and December 31, 2021.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 31%, Zero-Star out of Four Star Rating.
Klassic Kidz Inc has received a very low rating of 31%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. It has performed well in some areas, such as the audit of financial statements and having no material diversion of assets, but the absence of a website listed on its tax form and other missing policies negatively impacts its overall score.
The organization did score well in specific areas like having a conflict of interest policy and maintaining documentation of board meeting minutes. However, it falls short in critical areas, such as not having a whistleblower policy or a document retention policy, both of which are essential for transparency and accountability. Moreover, the missing tax form on its website further diminishes trust and accessibility for stakeholders and donors.
Overall, while Klassic Kidz Inc has some positive attributes, the lack of independent oversight and multiple missing governance policies suggest a need for improvement. Prospective donors and partners may want to exercise caution and seek additional information before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Klassic Kidz Inc legitimate?
Klassic Kidz Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Klassic Kidz 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: $19,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,555
For more financial information, click here
What is the mission statement of Klassic Kidz Inc?
Klassic Kidz Inc's mission is centered around holistic development. The organization strives to offer enriching learning experiences that foster cognitive, language, and literacy skills in children, all in a secure, loving, and joyful environment. Besides cognitive development, Klassic Kidz Inc also focuses on physical, motor, and social growth of the children under its care. The goal is to prepare these daycare students for their transition into public schools and beyond, ensuring they are well-equipped for their future educational journeys.
Who is the CEO of Klassic Kidz Inc?
Unavailable
What is the revenue of Klassic Kidz Inc?
Klassic Kidz Inc's revenue in 2022 was $1,117,048.
Who are the executives of Klassic Kidz Inc and what are their salaries?
The average compensation at Klassic Kidz Inc during 2022 was $9,200. There are 60 employees and 3 volunteers at Klassic Kidz Inc.
Here are 3 key members and their salaries:
- Compensation: $19,473
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Klassic Kidz Inc?
Klassic Kidz Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Klassic Kidz Inc
Klassic Kidz Inc, a nonprofit organization, is dedicated to the holistic development of children enrolled in daycare. Their mission is to create a nurturing environment where each child can thrive cognitively, linguistically, and socially. This is achieved by providing engaging learning experiences that foster the growth of various skills, including language and literacy, in a safe, loving, and joyful atmosphere. Klassic Kidz Inc's approach prioritizes the overall well-being of the child, with a focus on their cognitive, linguistic, physical, motor, and social development. The organization's ultimate goal is to prepare the children for their transition into public schools and beyond.
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Impact
July, 2024
Klassic Kidz Inc has a significant impact on the development of young children by providing them with educational, cultural, and manipulative skills to prepare them for success in public schools and beyond. The organization aims to develop the whole child by offering positive learning experiences that enhance cognitive, language, and literacy skills in a safe, loving, and happy environment. Through their activities, Klassic Kidz Inc positively influences the lives of daycare students and their families in PINE BLUFF, AR, ultimately contributing to the growth and well-being of the community.
This information is meant to be a general summary of Klassic Kidz 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: $51,725
- Gross Receipts: $1,117,048
Assets and Liabilities:
- Total Assets: $1,042,929
- Total Liabilities: $0
- Net Assets: $1,042,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Day Care Services
Revenue
$51,725
Organization Details
Founding Year
1995
Phone
(870) 541-9490Main Address
PO BOX 1354, PINE BLUFF, AR, 716131354
NTEE Category
Code: P33 - Human services
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