Overview
What is Little Treasures Childcare Center?
Little Treasures Childcare Center is a nonprofit organization situated in Saco, Maine. Their primary mission is to establish a nurturing learning environment for families and their children within the community. The center offers childcare services for children ranging from six weeks to twelve years old. This encompasses before and after school care, nutritious meals such as breakfast and snacks, opportunities for social interaction, educational activities like learning exercises and arts and crafts, and more. The center employs a team of 22 individuals, dedicated to providing a safe and enriching experience for the children under their care.
Official website here: www.littletreasureschildcareme.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (69%)
Little Treasures Childcare Center has received a "Needs Improvement" rating, reflecting concerns in its financial practices and governance policies. While the organization excels in areas such as having a majority of independent board members and a strong program expense ratio, it struggles significantly with transparency, as evidenced by a score of 0 in various financial statement categories.
The nonprofit demonstrates some strengths, including a solid ratio of liabilities to assets and having all board meeting minutes documented. However, weaknesses are notable in their lack of a conflict of interest policy, whistleblower policy, and proper posting of tax forms on their website, which contribute to the lower accountability and finance score.
Overall, while the organization has some commendable aspects, key areas for improvement exist that could enhance its governance and transparency. Stakeholders may want to consider these factors when evaluating the nonprofit's overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Little Treasures Childcare Center legitimate?
Little Treasures Childcare Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Treasures Childcare 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,092
For more financial information, click here
Official website here: www.littletreasureschildcareme.com
What is the mission statement of Little Treasures Childcare Center?
Little Treasures Childcare Center aims to establish a secure learning environment for families and their children. The center offers childcare services, catering to children as young as six weeks old and up to twelve years of age. These services encompass various activities such as before and after school care, breakfast, snacks, socialization, learning exercises, arts and crafts, and more, ensuring a well-rounded developmental experience for the children.
Official website here: www.littletreasureschildcareme.com
Who is the CEO of Little Treasures Childcare Center?
Justin Perrone is the Treasurer of Little Treasures Childcare Center.
Official website here: www.littletreasureschildcareme.com
What is the revenue of Little Treasures Childcare Center?
Little Treasures Childcare Center's revenue in 2022 was $956,516.
Official website here: www.littletreasureschildcareme.com
Who are the executives of Little Treasures Childcare Center and what are their salaries?
The average compensation at Little Treasures Childcare Center during 2022 was $17,141. There are 22 employees and 6 volunteers at Little Treasures Childcare Center.
Here are 7 key members and their salaries:
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- Compensation: $60,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.littletreasureschildcareme.com
Where can I find the form 990 for Little Treasures Childcare Center?
Little Treasures Childcare Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.littletreasureschildcareme.com
Learn more at the official website: www.littletreasureschildcareme.com
Mission Statement of Little Treasures Childcare Center
Little Treasures Childcare Center is committed to establishing a nurturing learning environment for families and their children within the community of Saco, Maine. Their primary mission is to provide childcare services for children ranging from six weeks to 12 years old. This encompasses a variety of essential offerings, including before and after school care, breakfast, snacks, opportunities for socialization, engaging learning exercises, and creative activities such as arts and crafts.
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Impact
July, 2024
Little Treasures Childcare Center plays a vital role in providing a safe and enriching learning environment for families and their children in the Saco, ME community. Their mission to offer childcare services for children aged six weeks to 12 years contributes to the overall well-being of families by ensuring quality care and educational activities. By offering before and after school care, meals, socialization opportunities, learning exercises, arts and crafts, and more, Little Treasures Childcare Center positively impacts working parents by providing a reliable place for their children to grow and learn.
This information is meant to be a general summary of Little Treasures Childcare 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 2022.
- Investment Income: $918
- Program Service Revenue: $846,883
- Gross Receipts: $956,516
Assets and Liabilities:
- Total Assets: $196,912
- Total Liabilities: $0
- Net Assets: $196,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childcare Tuition
Revenue
$846,883
Organization Details
Founding Year
2011
Phone
(207) 286-3430Principal Officer
Justin Perrone
Main Address
PO Box 1298, Saco, ME, 04072
NTEE Category
Code: P33 - Human services
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