Overview
What is Ic Feed The Children?
Ic Feed The Children is a nonprofit organization situated in Jennings, Louisiana. It operates a family day care program, primarily focusing on supplying nutritious meals to children in around 100 households across the state. The organization relies on funding from the Louisiana Department of Education, specifically USDA funds, to sustain its operations. To make the most of its resources, Ic Feed The Children strives to optimize the value of its funds and income derived from unusable assets. The organization's primary goal is to ensure that children in home-based day care facilities receive nourishing meals daily.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating
Ic Feed The Children received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization earned full points for having a majority of independent board members and maintaining documentation of board meeting minutes, highlighting some strength in governance. However, the absence of financial statements and missing policies related to conflict of interest, whistleblower protections, and document retention raise serious red flags about the organization’s operations and transparency.
While Ic Feed The Children has a commendable program expense ratio of 96.55%, suggesting that a large portion of its expenses is directed towards its mission-related activities, the high liabilities to assets ratio of 142.16% indicates potential financial instability. The lack of essential financial documentation on its website further complicates potential donors' ability to assess the organization's fiscal health and operational efficacy, which is crucial for trust and support from the community.
Overall, while Ic Feed The Children demonstrates a strong focus on its programs, its governance and financial accountability issues, coupled with missing documentation and policies, warrant caution for potential donors looking to support transparent and responsible nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Ic Feed The Children legitimate?
Ic Feed The Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ic Feed The Children 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: $75,717
For more financial information, click here
What is the mission statement of Ic Feed The Children?
Ic Feed The Children's mission is centered around providing nutritious meals for children, specifically serving approximately 100 home-based daycare facilities in Louisiana. The organization's activities are driven by this mission, utilizing funds from the USDA, provided by the Louisiana Department of Education, to maximize the impact of their resources. The primary goal is to ensure that children in these facilities receive proper meals, enhancing their overall well-being. The organization also strives to make the most of its funds and assets, aiming to make the most out of every opportunity.
Who is the CEO of Ic Feed The Children?
Karen H Labowe is the Treasurer of Ic Feed The Children.
What is the revenue of Ic Feed The Children?
Ic Feed The Children's revenue in 2022 was $523,847.
Who are the executives of Ic Feed The Children and what are their salaries?
The average compensation at Ic Feed The Children during 2022 was $37,858. There are 2 employees at Ic Feed The Children.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ic Feed The Children?
Ic Feed The Children's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ic Feed The Children
Ic Feed The Children, as an organization, is dedicated to providing nourishment for children. Specifically, it serves approximately 100 home-based day care facilities in Louisiana. The mission of Ic Feed The Children is centered around supplying meals to these young individuals, ensuring they receive proper nutrition. To achieve this, the organization leverages funds provided by the Louisiana Department of Education through the USDA. Moreover, Ic Feed The Children strives to make the most of its resources, maximizing the time value of funds and utilizing receipts from any unusable assets. This commitment to efficient use of resources further underscores the organization's dedication to serving the nutritional needs of Louisiana's children in home-based day care facilities.
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Impact
July, 2024
Ic Feed The Children's impact is that it provides meals for children in approximately 100 home-based day care facilities in Louisiana. Through its family day care program, the organization ensures that children have access to nutritious meals using USDA funds provided by the Louisiana Department of Education. This initiative helps support the health and well-being of children in the community.
This information is meant to be a general summary of Ic Feed The Children. 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.
- Gross Receipts: $523,847
Assets and Liabilities:
- Total Assets: $1,908
- Total Liabilities: $30,666
- Net Assets: -$28,758
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Organization Details
Founding Year
1999
Principal Officer
Karen H Labowe
Main Address
PO Box 1466, Jennings, LA, 70546
NTEE Category
Code: E70 - Health
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