Overview
What is Milam Children's Training Center?
Milam Children's Training Center is a nonprofit organization dedicated to supporting around 100 handicapped and disadvantaged children. Situated within its mission, the center provides essential child care services for these children who are in need. The core purpose of Milam Children's Training Center is to cater to these underprivileged children, demonstrating a strong commitment to their well-being and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating
Milam Children's Training Center has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scored 75% overall, with its rating derived entirely from its accountability and finance beacon. This score reflects the charity's commitment to transparency and responsible financial practices.
The center boasts a high level of governance, featuring a fully independent board of directors, which is crucial for maintaining unbiased oversight. It has an impressive program expense ratio of nearly 94%, suggesting that a significant portion of its expenses directly supports its programs, rather than administrative costs. Additionally, it has demonstrated strong practices in asset management and conflict of interest policies, further enhancing its credibility.
However, while the rating is positive, it is important to consider that the score is solely based on financial metrics, and other aspects such as program effectiveness and community impact are not assessed within this rating. Stakeholders may wish to explore these areas further to gain a comprehensive understanding of the organization’s overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Milam Children's Training Center legitimate?
Milam Children's Training Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milam Children's Training Center 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: $291,415
For more financial information, click here
What is the mission statement of Milam Children's Training Center?
The Milam Children's Training Center is committed to serving approximately 100 handicapped and disadvantaged children by providing them with child care services. Their mission is centered around this service, aiming to cater to the needs of these children in distress. The center's purpose is to make a positive impact in their lives.
Who is the CEO of Milam Children's Training Center?
Gary Kimbley is the Officer of Milam Children's Training Center.
What is the revenue of Milam Children's Training Center?
Milam Children's Training Center's revenue in 2023 was $725,763.
Who are the executives of Milam Children's Training Center and what are their salaries?
The average compensation at Milam Children's Training Center during 2023 was $11,208. There are 26 employees at Milam Children's Training Center.
Here are 2 key members and their salaries:
- Compensation: $64,372
- Related: $0
- Other: $0
- Compensation: $57,608
- Related: $0
- Other: $0
Where can I find the form 990 for Milam Children's Training Center?
Milam Children's Training Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Milam Children's Training Center
Milam Children's Training Center, a not-for-profit organization, is committed to providing child care services for around 100 disadvantaged and handicapped children. Their primary mission is to cater to the needs of these children who are less fortunate, striving to make a positive impact in their lives. The center's services are designed to ensure these children receive the care and support they require to thrive and reach their full potential.
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Impact
July, 2024
Milam Children's Training Center positively impacts the lives of approximately 100 handicapped and disadvantaged children in need by providing essential child care services. Through their dedicated mission, they play a crucial role in supporting the development and well-being of these children, ultimately contributing to their health and overall quality of life.
This information is meant to be a general summary of Milam Children's Training Center. 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: $693,079
- Gross Receipts: $725,763
Assets and Liabilities:
- Total Assets: $548,784
- Total Liabilities: $7,910
- Net Assets: $540,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE SERVICES
Revenue
$693,079
Organization Details
Founding Year
1993
Phone
(806) 797-2611Principal Officer
Gary Kimbley
Main Address
1105 38TH STREET, LUBBOCK, TX, 79412
NTEE Category
Code: E50Z - Health
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