Overview
What is Little Hearts Preschool & Childcare?
Little Hearts Preschool & Childcare is a nonprofit organization situated in Duluth, Minnesota, with a focus on early childhood education. Their mission, as a 501(c)(3) entity, is to provide an enriching environment for children aged six weeks to starting kindergarten. The preschool aims to foster a diverse, purposeful, enjoyable, and tranquil atmosphere that encourages the holistic growth of children. This is achieved through compassion, respect, and fostering their imagination. The organization employs a team of 60 individuals, dedicated to nurturing the development of young minds.
Official website here: www.littleheartspreschoolandchildcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (69%)
Little Hearts Preschool & Childcare has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 69%. The organization demonstrates strong performance in several areas, including a high program expense ratio of 87.85%, indicating that a significant portion of its resources is directed toward its programs. Additionally, the board is composed mainly of independent members, which can enhance accountability and governance.
However, there are notable limitations in the organization's policies and documentation practices. The lack of financial statements, along with missing conflict of interest and whistleblower policies, may raise concerns regarding transparency and operational integrity. The absence of a document retention policy is also a significant gap that could impact the organization's accountability.
Despite these issues, Little Hearts Preschool & Childcare maintains a solid financial structure, as evidenced by its low liabilities to assets ratio of 4.05%. Addressing its governance policies and improving financial reporting could enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Little Hearts Preschool & Childcare legitimate?
Little Hearts Preschool & Childcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Hearts Preschool & Childcare 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: $896,103
For more financial information, click here
Official website here: www.littleheartspreschoolandchildcare.com
What is the mission statement of Little Hearts Preschool & Childcare?
Little Hearts Preschool & Childcare is committed to establishing a culturally diverse, meaningful, entertaining, and tranquil environment that fosters the growth of children. This is achieved through compassion, respect, and imagination. The organization operates with an educational purpose, as per Section 501(C)(3) of the Internal Revenue Code, and provides early childhood education programs for children from as young as six weeks up until they are ready to start kindergarten.
Official website here: www.littleheartspreschoolandchildcare.com
Who is the CEO of Little Hearts Preschool & Childcare?
Melissa J Reisdorf is the Administrato of Little Hearts Preschool & Childcare.
Official website here: www.littleheartspreschoolandchildcare.com
What is the revenue of Little Hearts Preschool & Childcare?
Little Hearts Preschool & Childcare's revenue in 2022 was $1,166,427.
Official website here: www.littleheartspreschoolandchildcare.com
Who are the executives of Little Hearts Preschool & Childcare and what are their salaries?
The average compensation at Little Hearts Preschool & Childcare during 2022 was $14,935. There are 60 employees at Little Hearts Preschool & Childcare.
Here are 6 key members and their salaries:
- Compensation: $82,763
- Related: $0
- Other: $0
- Compensation: $29,984
- 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
Official website here: www.littleheartspreschoolandchildcare.com
Where can I find the form 990 for Little Hearts Preschool & Childcare?
Little Hearts Preschool & Childcare's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.littleheartspreschoolandchildcare.com
Learn more at the official website: www.littleheartspreschoolandchildcare.com
Mission Statement of Little Hearts Preschool & Childcare
Little Hearts Preschool & Childcare, a nonprofit organization, is dedicated to creating a culturally diverse, stimulating, and serene environment that fosters the holistic development of children from the tender age of six weeks up until they are ready to start kindergarten. The corporation's primary objective, as outlined in Section 501(C)(3) of the Internal Revenue Code, is to serve an educational purpose. Little Hearts Preschool & Childcare aims to nurture children's growth by incorporating compassion, respect, and imagination into its curriculum. The organization strives to instill these values in children, helping them develop into well-rounded individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Little Hearts Preschool & Childcare impacts the community by providing a culturally diverse, purposeful, fun, and peaceful environment for children to learn and grow. Their early childhood program, catering to children from 6 weeks to starting kindergarten, focuses on nurturing development through compassion, respect, and imagination. Located in Duluth, MN, Little Hearts Preschool & Childcare's mission is to promote educational purposes that support the well-being and growth of young children.
This information is meant to be a general summary of Little Hearts Preschool & Childcare. 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.
- Program Service Revenue: $1,029,574
- Gross Receipts: $1,166,427
Assets and Liabilities:
- Total Assets: $264,970
- Total Liabilities: $10,753
- Net Assets: $254,217
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & REGISTRATION FEES
Revenue
$1,029,574
Organization Details
Founding Year
2016
Phone
(218) 213-6622Principal Officer
Melissa J Reisdorf
Main Address
410 N ARLINGTON AVE, DULUTH, MN, 55811
NTEE Category
Code: P33 - Human services
If you are a representative of Little Hearts Preschool & Childcare and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.