Overview
What is Mainstreet Kids Inc?
Mainstreet Kids Inc is a nonprofit organization, specifically focused on assisting low-income families by offering childcare services. As stated in the information, Gaya Franks is the driving force behind this mission, providing childcare opportunities for parents who are employed. The organization's primary goal is to ensure that these families have the necessary support to balance their work and family commitments, thereby promoting their overall well-being. Mainstreet Kids Inc's activities revolve around delivering quality childcare services, thereby making a positive impact on the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Mainstreet Kids Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The overall score is derived solely from its Accountability & Finance beacon, reflecting how well the organization adheres to best practices in these areas. The organization has shown a strong commitment to transparency and responsible financial management, with a high score of 79 in this category.
The nonprofit has demonstrated notable strengths, including a majority of independent board members and a thorough audit of financial statements. With a program expense ratio of nearly 83%, Mainstreet Kids Inc effectively allocates its resources toward its mission, ensuring that a significant portion of its funding goes directly to programs rather than administrative costs. Additionally, the absence of any material diversion of assets and the presence of a conflict of interest policy further highlight its commitment to ethical governance.
However, while the organization scores well in accountability and finance, the reliance on a single beacon score means that other areas of performance are not evaluated within this rating. Stakeholders may want to consider looking into additional aspects, such as program effectiveness and community impact, to gain a more comprehensive understanding of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Mainstreet Kids Inc legitimate?
Mainstreet Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mainstreet 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: $406,270
For more financial information, click here
What is the mission statement of Mainstreet Kids Inc?
Mainstreet Kids Inc, as an organization, is committed to providing childcare services to families who are financially disadvantaged. By offering this service, the company enables parents who are employed to provide for their families while ensuring their children are well-cared for. This initiative by Mainstreet Kids Inc aims to support these families, ultimately contributing to their overall well-being. The organization's activities center around providing a safe and nurturing environment for children while their parents attend work.
Who is the CEO of Mainstreet Kids Inc?
Gaya Franks is the Member of Mainstreet Kids Inc.
What is the revenue of Mainstreet Kids Inc?
Mainstreet Kids Inc's revenue in 2023 was $625,836.
Who are the executives of Mainstreet Kids Inc and what are their salaries?
The average compensation at Mainstreet Kids Inc during 2023 was $17,664. There are 23 employees at Mainstreet Kids Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mainstreet Kids Inc?
Mainstreet Kids Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mainstreet Kids Inc
Mainstreet Kids Inc, a nonprofit organization, is committed to providing childcare services to low-income families. This mission is carried out through a program that offers childcare to parents who are employed. By doing so, Mainstreet Kids Inc plays a crucial role in supporting these families, enabling them to maintain their employment and provide for their families' needs. By offering childcare services, the organization alleviates the financial burden that can come with securing reliable childcare, thereby promoting financial stability and independence among its clients.
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Impact
July, 2024
Mainstreet Kids Inc provides crucial childcare services to low income families in Shirley, Arkansas. By enabling parents to work while ensuring their children are cared for, Mainstreet Kids Inc plays a vital role in supporting these families. The organization's impact can be seen in the improved quality of life for parents who can pursue employment opportunities and for children who receive nurturing care and educational support. Through their focused mission and services, Mainstreet Kids Inc contributes to the well-being and stability of the local community.
This information is meant to be a general summary of Mainstreet 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $86,558
- Gross Receipts: $625,836
Assets and Liabilities:
- Total Assets: $322,841
- Total Liabilities: $16,717
- Net Assets: $306,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE-PARENT FEE
Revenue
$68,932
EMPLOYEE RETENTION CRED
Revenue
$17,626
Organization Details
Founding Year
2004
Principal Officer
Gaya Franks
Main Address
555 CPL MATTHEW E CLARK MEMORIAL DR, SHIRLEY, AR, 72153
NTEE Category
Code: P33 - Human services
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