Overview
What is Little Leaders Of Tomorrow Daycare?
Little Leaders of Tomorrow Daycare is a nonprofit institution situated in Chicago, Illinois, specifically at 301 Mayfield Avenue, 60644. Their primary objective is to assist low-income families by offering high-quality childcare services. They aim to create a stimulating, appealing, and hygienic environment for the children under their care. The daycare's mission is centered around serving families by providing the best possible care and instruction to the children, ensuring their overall well-being and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Little Leaders Of Tomorrow Daycare received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is 43%, which reflects poor performance particularly in governance and transparency measures.
One major area of weakness is the lack of independent board members, with zero out of eight points awarded. The organization also did not meet important standards regarding conflict of interest and whistleblower policies, and its website fails to list essential documents as required for transparency. While the financial statements show proper auditing and no material diversion of assets, the overall governance structure appears inadequate.
On a positive note, the daycare does allocate some resources effectively, as indicated by a program expense ratio of 16 out of 25. However, the high salaries for key personnel raise questions about the financial priorities of the organization. Overall, this low rating and the accompanying feedback suggest that Little Leaders Of Tomorrow Daycare needs substantial improvements in its governance and financial practices to instill trust and ensure effective operation.
This AI summary has been generated from information found on Charity Navigator.
Is Little Leaders Of Tomorrow Daycare legitimate?
Little Leaders Of Tomorrow Daycare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Leaders Of Tomorrow Daycare 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: $309,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $363,051
For more financial information, click here
What is the mission statement of Little Leaders Of Tomorrow Daycare?
Little Leaders of Tomorrow Daycare is committed to serving families by offering the finest care and instruction to children, particularly those from low-income backgrounds. They strive to provide this service in an engaging, appealing, and clean environment, ensuring the overall well-being and development of the children under their care. Their mission is centered around providing childcare services to those in need, thereby contributing positively to their community.
What is the revenue of Little Leaders Of Tomorrow Daycare?
Little Leaders Of Tomorrow Daycare's revenue in 2022 was $931,948.
Who are the executives of Little Leaders Of Tomorrow Daycare and what are their salaries?
The average compensation at Little Leaders Of Tomorrow Daycare during 2022 was $32,015. There are 21 employees at Little Leaders Of Tomorrow Daycare.
Here are 3 key members and their salaries:
- Compensation: $22,786
- Related: $0
- Other: $0
- Compensation: $78,000
- Related: $0
- Other: $0
- Compensation: $75,000
- Related: $0
- Other: $0
Where can I find the form 990 for Little Leaders Of Tomorrow Daycare?
Little Leaders Of Tomorrow Daycare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Little Leaders Of Tomorrow Daycare
Little Leaders Of Tomorrow Daycare is committed to serving families by offering the highest quality childcare and instruction to children from low-income backgrounds. Their mission is to create a stimulating, attractive, and clean environment where these children can grow and learn. By providing this essential service, Little Leaders Of Tomorrow Daycare aims to make a positive impact on the lives of these families in the west Chicago neighborhood.
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Impact
July, 2024
Little Leaders Of Tomorrow Daycare has made a significant impact by providing high-quality childcare services to low-income families in the west Chicago neighborhood. By offering a stimulating, attractive, and clean environment for children, the daycare has not only met the immediate needs of these families but has also contributed to the overall development and well-being of the children in its care. Through its commitment to serving families and providing the best possible care and instruction to children, Little Leaders Of Tomorrow Daycare is playing a vital role in supporting the community and ensuring that all children have access to the early education and care they need to thrive.
This information is meant to be a general summary of Little Leaders Of Tomorrow Daycare. 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.
- Investment Income: $70
- Program Service Revenue: $931,878
- Gross Receipts: $931,948
Assets and Liabilities:
- Total Assets: $448,739
- Total Liabilities: $338,194
- Net Assets: $110,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE CENTER
Revenue
$931,878
Organization Details
Founding Year
1999
Principal Officer
Denise Buckman
NTEE Category
Code: P33 - Human services
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