Overview
What is Latchkey Child Services Inc?
Latchkey Child Services Inc, located in Oklahoma City, Oklahoma, is a nonprofit organization dedicated to supporting "latchkey" children by offering before and after school programs within their elementary schools. With a team of 97 employees, Latchkey Child Services aims to create a secure, engaging, and stimulating environment for children, providing them with age-appropriate activities to ensure their safety and well-being while their parents are away. The organization has served over 1000 students annually before the pandemic, focusing solely on this particular program to cater to the needs of children who would otherwise be left unattended at home.
Official website here: www.latchkey.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating from Charity Navigator.
Latchkey Child Services Inc demonstrates a solid level of accountability and financial management, earning an 82% score in this category. The charity has a majority independent board, which is a positive indicator of governance, but it faces some challenges due to having a limited number of independent members overall.
The organization has robust financial practices, as evidenced by a low liabilities to assets ratio and a healthy program expense ratio. However, it has not made its financial statements publicly available, which can limit transparency and trust among stakeholders. Additionally, the fundraising efficiency ratio suggests potential areas for improvement in fundraising strategies.
Overall, while Latchkey Child Services Inc shows strong accountability and program spending, it may benefit from enhancing its financial disclosure practices and fundraising efforts to improve its overall impact and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Latchkey Child Services Inc legitimate?
Latchkey Child Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latchkey Child Services 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: $789,029
Professional Fundraising Fees: $0
Other Salaries and Wages: $570,160
For more financial information, click here
Official website here: www.latchkey.us
What is the mission statement of Latchkey Child Services Inc?
Latchkey Child Services Inc is committed to providing a safe, enjoyable, structured, and supportive environment for children who would otherwise be unattended during out-of-school hours. Prior to the Covid-19 pandemic, their services benefited over 1000 students annually. The organization's primary focus is on offering before and after school programs within the children's elementary schools, ensuring a nurturing atmosphere that caters to their age-appropriate needs.
Official website here: www.latchkey.us
Who is the CEO of Latchkey Child Services Inc?
Linda Cohn is the President of Latchkey Child Services Inc. The CEO's salary of Latchkey Child Services Inc is $236,769 and their total compensation is $245,307.
Official website here: www.latchkey.us
What is the revenue of Latchkey Child Services Inc?
Latchkey Child Services Inc's revenue in 2022 was $3,543,041.
Official website here: www.latchkey.us
Who are the executives of Latchkey Child Services Inc and what are their salaries?
The average compensation at Latchkey Child Services Inc during 2022 was $14,012. There are 97 employees at Latchkey Child Services Inc.
Here are 9 key members and their salaries (Latchkey Child Services Inc's CEO's salary is $236,769 and their total compensation is $245,307):
- Compensation: $236,769
- Related: $0
- Other: $8,538
- Compensation: $210,000
- Related: $0
- Other: $7,500
- Compensation: $154,000
- Related: $0
- Other: $5,500
- Compensation: $70,714
- Related: $0
- Other: $2,652
- Compensation: $68,185
- Related: $0
- Other: $2,519
- Compensation: $49,362
- Related: $0
- Other: $2,468
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.latchkey.us
Where can I find the form 990 for Latchkey Child Services Inc?
Latchkey Child Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.latchkey.us
Learn more at the official website: www.latchkey.us
Mission Statement of Latchkey Child Services Inc
Latchkey Child Services Inc is dedicated to providing a nurturing and engaging environment for children who would otherwise be left unattended at home. With a strong focus on safety, fun, and organization, the nonprofit aims to cater to the needs of approximately 1000 students annually, offering before and after school care within their elementary schools. The organization's mission is to create an environment that is both safe and enjoyable for these children, ensuring they are well-cared for while their parents are away.
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Impact
July, 2024
Latchkey Child Services Inc's impact lies in providing a safe, fun, organized, and nurturing environment for children who would otherwise be left home alone. By offering before and after school care programs directly in the child's elementary school, this organization ensures that over 1000 students annually have access to age-appropriate activities and supervision. Through their focused mission, they prioritize the well-being and development of latchkey children in Oklahoma City, OK, ultimately contributing to the welfare of these vulnerable youth.
This information is meant to be a general summary of Latchkey Child Services 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: $1,923,332
- Gross Receipts: $3,543,041
Assets and Liabilities:
- Total Assets: $1,017,710
- Total Liabilities: $5,072
- Net Assets: $1,012,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childcare Revenue
Revenue
$1,923,332
Organization Details
Founding Year
1992
Phone
(405) 236-2069Principal Officer
Linda Cohn
Main Address
1211 N Shartel Ave 1100, Oklahoma City, OK, 73103
Website
www.latchkey.usNTEE Category
Code: P33Z - Human services
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