Overview
What is Rachels Little House?
Rachels Little House is a nonprofit organization situated in Canadian, Texas. With a team of 20 dedicated individuals, it primarily offers preschool and daycare services to children ranging from 6 months to 13 years old. This institution serves approximately 45 children daily, providing them with a nurturing environment to learn and grow. The organization's mission is to contribute positively to the early development of children, ensuring they receive the necessary care and education during their formative years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
Rachel's Little House has received a rating of 67% from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance practices with 100% independent board members and has shown no material diversion of assets. Their liabilities to assets ratio stands at 0.00%, reflecting solid financial stability.
The charity excels in its program expense ratio, allocating 87.74% of its expenses directly to programs, which suggests a commitment to its mission. Documentation practices, such as retaining board meeting minutes, further reinforce their transparency. However, the overall two-star rating implies there may be room for improvement in areas beyond governance and financial management.
While the charity's operational practices appear sound, potential donors and supporters may want to consider looking into additional qualitative factors that could affect their overall impact. The salaries of key personnel are relatively modest, with the executive director earning $45,299, which may indicate a non-profit culture focused on mission over personal compensation.
This AI summary has been generated from information found on Charity Navigator.
Is Rachels Little House legitimate?
Rachels Little House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rachels Little House 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: $40,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,605
For more financial information, click here
What is the mission statement of Rachels Little House?
Rachels Little House is dedicated to providing preschool and daycare services for children ranging from 6 months to 13 years old. This institution aims to cater to approximately 45 children daily, offering them a nurturing environment during these formative years. The mission of Rachels Little House is centered around ensuring the growth and development of these young minds, providing them with the necessary educational and social experiences essential for their well-being. By offering such services, the organization seeks to contribute positively to the overall development of the community's younger generation.
Who is the CEO of Rachels Little House?
Laura Valles is the Executive Dir. of Rachels Little House.
What is the revenue of Rachels Little House?
Rachels Little House's revenue in 2022 was $577,831.
Who are the executives of Rachels Little House and what are their salaries?
The average compensation at Rachels Little House during 2022 was $12,680. There are 20 employees and 10 volunteers at Rachels Little House.
Here are 7 key members and their salaries:
- Compensation: $40,998
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rachels Little House?
Rachels Little House's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rachels Little House
Rachel's Little House is a dedicated institution that focuses on providing preschool and daycare services for children ranging from six months to thirteen years old. This nonprofit organization provides a service to approximately 45 children every day, ensuring their early learning and development needs are met in a safe and nurturing environment. By offering these essential services, Rachel's Little House plays a vital role in supporting the growth and well-being of young children, setting them on a path towards a successful future.
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Impact
July, 2024
Rachel's Little House has a significant impact on the community of Canadian, TX by providing preschool and daycare services for children ages 6 months to 13 years. Approximately 45 children per day benefit from the services offered by Rachels Little House, supporting working families and helping children receive early education and care. Through their mission to provide quality preschool and daycare services, Rachels Little House serves as a vital resource for families in the area, contributing to the overall well-being and development of children in the community.
This information is meant to be a general summary of Rachels Little House. 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: $216
- Program Service Revenue: $299,371
- Gross Receipts: $579,728
Assets and Liabilities:
- Total Assets: $1,269,100
- Total Liabilities: $0
- Net Assets: $1,269,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRESCHOOL & DAYCARE FEES
Revenue
$299,371
Organization Details
Founding Year
1976
Phone
(806) 323-6261Principal Officer
Laura Valles
Main Address
PO BOX 961, CANADIAN, TX, 79014
NTEE Category
Code: P33 - Human services
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