Overview
What is Indigokid Club Inc?
Indigokid Club Inc, located in Westwood, New Jersey, is a nonprofit organization with a strong commitment to preserving Slavic culture among American families with Slavic origins. They offer various educational services, including cultural immersion classes for children and adults, childcare, and early childhood education. Their mission is to promote Montessori education and foster a deep understanding of Slavic traditions. With a team of 12 dedicated individuals, Indigokid Club Inc aims to enrich the lives of their community members, ensuring the continuity of Slavic heritage for future generations.
Official website here: www.indigokid.school
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
Indigokid Club Inc has received a low rating of 39%, which is indicative of significant concerns regarding its accountability and financial transparency. The organization lacks independent board members, which raises questions about governance and oversight. Additionally, key policies such as conflict of interest and whistleblower protections are missing, which are critical in ensuring ethical management and safeguarding against potential mismanagement.
Despite these challenges, the organization has achieved a perfect program expense ratio of 100%, indicating that all of its reported expenses are directed toward its programs. This suggests a strong commitment to its mission, even though the overall financial health and governance practices remain concerning. The high liabilities to assets ratio of 80.22% also raises red flags about the organization's financial stability.
Overall, while Indigokid Club Inc appears to prioritize its programmatic efforts, the lack of essential policies, independent oversight, and transparency in financial statements are significant limitations that stakeholders should consider. Without improvements in these areas, the organization may struggle to gain the trust and support necessary for sustainable operations.
This AI summary has been generated from information found on Charity Navigator.
Is Indigokid Club Inc legitimate?
Indigokid Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indigokid Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,065
For more financial information, click here
Official website here: www.indigokid.school
What is the mission statement of Indigokid Club Inc?
Indigokid Club Inc is dedicated to preserving Slavik culture among families with Slavik roots in the United States. They achieve this through various services, including cultural immersion classes for both children and adults, childcare, and early childhood education. The organization's mission is also to promote Montessori education and provide a platform for Slavik cultural learning and integration.
Official website here: www.indigokid.school
Who is the CEO of Indigokid Club Inc?
Paul Marynchev is the Ceo of Indigokid Club Inc. The CEO's salary of Indigokid Club Inc is $34,569 and their total compensation is $34,569.
Official website here: www.indigokid.school
What is the revenue of Indigokid Club Inc?
Indigokid Club Inc's revenue in 2022 was $676,223.
Official website here: www.indigokid.school
Who are the executives of Indigokid Club Inc and what are their salaries?
The average compensation at Indigokid Club Inc during 2022 was $29,422. There are 12 employees at Indigokid Club Inc.
Here are 3 key members and their salaries (Indigokid Club Inc's CEO's salary is $34,569 and their total compensation is $34,569):
- Compensation: $118,951
- Related: $0
- Other: $0
- Compensation: $34,569
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.indigokid.school
Where can I find the form 990 for Indigokid Club Inc?
Indigokid Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indigokid.school
Learn more at the official website: www.indigokid.school
Mission Statement of Indigokid Club Inc
Indigokid Club Inc, a nonprofit organization, is dedicated to preserving Slavik culture among families in the United States with Slavik roots. To achieve this mission, Indigokid Club provides cultural immersion classes for both children and adults, offering an engaging and educational experience. Furthermore, the organization extends its services to childcare and early childhood education, ensuring that the younger generation can grow up immersed in their cultural heritage. By promoting Montessori education and organizing these classes, Indigokid Club strives to keep Slavik traditions alive and thriving within the community.
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Impact
July, 2024
Indigokid Club Inc's impact lies in the preservation and promotion of Slavik culture among families with Slavik roots in the United States. By offering cultural immersion classes for both children and adults, as well as providing childcare and early childhood education services, the organization plays a crucial role in keeping the traditions and heritage of Ukrainian culture alive within the U.S. community. Additionally, Indigokid Club Inc's focus on promoting Montessori education enhances the learning experience and contributes to the overall well-being of the individuals it serves. Through its mission of preserving Slavik culture and providing educational opportunities, the organization positively influences the lives of many individuals and families, fostering a deeper connection to their heritage and identity.
This information is meant to be a general summary of Indigokid Club 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.
- Investment Income: $43
- Program Service Revenue: $590,585
- Gross Receipts: $676,223
Assets and Liabilities:
- Total Assets: $378,038
- Total Liabilities: $303,267
- Net Assets: $74,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL SERVICES
Revenue
$590,585
Organization Details
Founding Year
2016
Phone
(201) 455-7555Principal Officer
Paul Marynchev
Main Address
58 CYPRESS STREET, WESTWOOD, NJ, 07675
Website
www.indigokid.schoolNTEE Category
Code: B90 - Education
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