Overview
What is Hope Learning Center?
The Hope Learning Center, situated in Chariton, Iowa, is a nonprofit organization that offers daycare and preschool services to the community's children. This facility is instrumental in allowing local parents to pursue employment, contributing to the overall well-being of the family. With a dedicated team of 49 employees, the Hope Learning Center is committed to providing top-notch preschool and daycare services that cater to the needs of the area's children. The center's mission lies in ensuring that quality education and care are available, enabling parents to maintain their employment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Stars
Hope Learning Center has achieved a commendable rating of 86%, reflecting a strong performance in both accountability and financial health. The organization boasts a fully independent board, which is a positive indicator of governance, ensuring that decisions are made without undue influence. Their financial statements are thoroughly reviewed, and they have demonstrated a solid program expense ratio, channeling nearly 84% of their expenditures directly into their programs.
The charity also excels in financial management, evidenced by a low liabilities-to-assets ratio of just 2.02%, indicating robust fiscal stability. There are no reported material diversions of assets, which adds to their credibility and trustworthiness. Their commitment to transparency is further shown through documented board meeting minutes and a comprehensive conflict of interest policy.
While the organization is performing well overall, potential donors might still want to consider the areas where it can continue to improve. The three-star rating, while positive, also suggests that there are some aspects of the charity's operations that could benefit from further enhancement to elevate their impact even more. Overall, Hope Learning Center demonstrates a solid commitment to its mission and responsible management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Learning Center legitimate?
Hope Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Learning 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: $466,776
For more financial information, click here
What is the mission statement of Hope Learning Center?
The Hope Learning Center's mission is centered around offering high-quality preschool and daycare services. This initiative is primarily aimed at supporting local parents by enabling them to maintain employment. By providing a nurturing environment for children during the day, the center effectively contributes to the community's workforce. This mission is carried out through the delivery of daycare and preschool services, ensuring that young children receive proper care and education, allowing their parents to focus on their professional commitments.
Who is the CEO of Hope Learning Center?
Peggy White is the President of Hope Learning Center.
What is the revenue of Hope Learning Center?
Hope Learning Center's revenue in 2023 was $677,202.
Who are the executives of Hope Learning Center and what are their salaries?
The average compensation at Hope Learning Center during 2023 was $9,526. There are 49 employees and 10 volunteers at Hope Learning Center.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Hope Learning Center?
Hope Learning Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hope Learning Center
Hope Learning Center, a nonprofit organization, is committed to providing top-notch preschool and daycare services. Their primary mission is to empower local parents by offering reliable childcare solutions, enabling them to pursue employment opportunities. Through these services, Hope Learning Center strives to contribute positively to the community by ensuring the holistic development of young children.
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Impact
July, 2024
Hope Learning Center's impact is profound as it provides quality preschool and daycare services to area children, enabling parents to participate in the workforce. By offering a safe and nurturing environment for children, Hope Learning Center not only supports working parents but also contributes to the educational and social development of the children in the CHARITON community in Iowa. Through its mission to provide quality preschool and daycare, Hope Learning Center plays a vital role in promoting both economic stability and early childhood education in the area.
This information is meant to be a general summary of Hope Learning 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.
- Investment Income: $2,040
- Program Service Revenue: $635,597
- Gross Receipts: $680,353
Assets and Liabilities:
- Total Assets: $384,108
- Total Liabilities: $7,829
- Net Assets: $376,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care/Tuition
Revenue
$635,597
Organization Details
Founding Year
2016
Phone
(641) 774-0629Principal Officer
Peggy White
Main Address
1711 OSCEOLA AVENUE, CHARITON, IA, 50049
NTEE Category
Code: P33 - Human services
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