Overview
What is Flint Kids Learn?
Flint Kids Learn is a nonprofit organization established to address the educational needs of children impacted by the Flint water crisis. Located at 500 S Saginaw Street 200, Flint, MI 48502, the organization's primary goal is to establish an early childhood education center. Funding for the construction comes from New Market Tax Credits, and the facility is leased to the Foundation for Flint, which in turn leases it to Genesee Intermediate School District (GISD). GISD is committed to providing early education for children affected by the crisis, as well as offering educational and care services for children aged 0 to 5. Flint Kids Learn serves as a supporting organization for the Community Foundation of Greater Flint, with the mission of acquiring, constructing, and leasing the early childhood education facility.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This score is derived entirely from the Accountability & Finance beacon, which indicates that Flint Kids Learn demonstrates solid financial practices but has some areas for improvement. A three-star rating suggests that while the organization is performing well, it may not be among the top-rated nonprofits.
Flint Kids Learn has shown strength in several key accountability metrics, including a fully independent board and a high program expense ratio of 95.85%. This indicates that a significant portion of their funds is being directed towards their mission rather than administrative costs, which is a positive sign for potential donors. The presence of documented policies such as conflict of interest and whistleblower policies further enhances their accountability profile.
However, the organization faces a notable challenge with its liabilities to assets ratio standing at 126.98%, indicating that liabilities exceed assets. This financial strain may raise concerns about long-term sustainability and could impact the organization's ability to fulfill its mission effectively. Overall, while Flint Kids Learn maintains strong governance and program efficiency, attention to its financial liabilities is necessary for future growth and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Flint Kids Learn legitimate?
Flint Kids Learn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flint Kids Learn 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: $0
For more financial information, click here
What is the mission statement of Flint Kids Learn?
Flint Kids Learn, as a supporting organization, was established with the purpose of acquiring, constructing, and leasing an early childhood education facility. Its primary mission is to provide a center for early childhood education to children impacted by the Flint water crisis. The financing for the facility's construction includes New Market Tax Credits, and the organization leases the facility to the Community Foundation of Greater Flint. Subsequently, the foundation leases the facility to Genesee Intermediate School District (GISD), which prioritizes providing early education to children affected by Flint's water crisis, as well as education and care for children from birth to age 5.
Who is the CEO of Flint Kids Learn?
Mark Miller is the Chair of Flint Kids Learn. The CEO's salary of Flint Kids Learn is $0 and their total compensation is $292,487.
What is the revenue of Flint Kids Learn?
Flint Kids Learn's revenue in 2022 was $155,069.
Who are the executives of Flint Kids Learn and what are their salaries?
There 3 volunteers at Flint Kids Learn.
Here are 6 key members and their salaries (Flint Kids Learn's CEO's salary is $0 and their total compensation is $292,487):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $262,468
- Other: $30,019
- Compensation: $0
- Related: $145,960
- Other: $9,546
- Compensation: $0
- Related: $125,560
- Other: $17,644
Where can I find the form 990 for Flint Kids Learn?
Flint Kids Learn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Flint Kids Learn
Flint Kids Learn, a supporting organization, was formed with a specific mission to acquire, construct, and lease an early childhood education facility. This mission is aimed at providing a much-needed education center for children impacted by the Flint water crisis. The financing for the construction of this facility includes New Market Tax Credits. Flint Kids Learn leases the facility to the Foundation for Flint, which in turn leases it to Genesee Intermediate School District (GISD). GISD's primary focus is to offer early education to children affected by the Flint water crisis and provide education and care for children from birth to age 5. This organization's endeavors are instrumental in ensuring that children in Flint have access to quality early childhood education, which is crucial for their overall development and future success.
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Impact
October, 2024
Flint Kids Learn plays a crucial role in shaping the future of children impacted by the Flint water crisis by providing essential early childhood education services. The organization focuses on acquiring, constructing, and leasing an educational facility dedicated specifically to children affected by the crisis.
By collaborating with the Genesee Intermediate School District, Flint Kids Learn ensures that the center offers tailored programs that address the unique challenges faced by these young learners. The facility emphasizes education and care for children from birth to age 5, which is critical for their cognitive and emotional development during those formative years.
The construction of the early childhood education center is facilitated through innovative financing methods, such as New Market Tax Credits, allowing for sustainable investment in the community's future. This initiative creates a supportive learning environment that enhances educational opportunities for families in Flint, ultimately fostering resilience and growth among the youngest residents. By prioritizing these foundational years, Flint Kids Learn helps to set a positive trajectory for children, contributing to the overall well-being and recovery of the community.
This information is meant to be a general summary of Flint Kids Learn. 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: $64
- Program Service Revenue: $155,000
- Gross Receipts: $155,069
Assets and Liabilities:
- Total Assets: $11,937,837
- Total Liabilities: $15,158,931
- Net Assets: -$3,221,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$155,000
Organization Details
Founding Year
2017
Phone
(810) 767-8270Principal Officer
Mark Miller
Main Address
500 S SAGINAW STREET 200, FLINT, MI, 48502
NTEE Category
Code: B12 - Education
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