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Little People Childcare Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820729724 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Little People Childcare Inc?

Little People Childcare Inc, located at 222 South Clover Street in Lakewood, New Jersey, is a nonprofit organization primarily focusing on operating a daycare center for preschool children. With a staff of 124 dedicated individuals, the organization provides a nurturing environment for children during their formative years, ensuring their early development and learning needs are met. The organization's core activity is the operation of this daycare center, ensuring a high standard of care and education for the children it serves.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 75% (Three-Star out of Four Star rating)

Little People Childcare Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability and Finance, with a score of 75%. This rating is based entirely on their financial practices, indicating that the organization maintains a high level of transparency and responsibility in its operations.

The organization boasts a fully independent board, with 100% of its members meeting this criterion. Additionally, it has effectively managed its assets, showing no material diversion and adhering to conflict of interest policies. Furthermore, their program expense ratio is commendable at 84.28%, demonstrating a strong commitment to utilizing resources for their intended mission.

However, while the financial aspects are robust, the single beacon score means that other areas of performance, such as impact and community feedback, are not represented in this rating. This could suggest a need for further evaluation of their overall effectiveness and reach within the community they serve.


This AI summary has been generated from information found on Charity Navigator.

Is Little People Childcare Inc legitimate?

Little People Childcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little People Childcare 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: $1,697,471

For more financial information, click here

What is the mission statement of Little People Childcare Inc?

Little People Childcare Inc, as an organization, is primarily focused on operating a daycare center catering to preschool children. Their mission, in essence, revolves around providing a safe and nurturing environment for these young learners. The primary objective is to foster their growth and development during their formative years. The daycare center's activities are geared towards promoting learning, social skills, and overall well-being of the children under its care. The center's operations aim to instill a sense of curiosity, creativity, and confidence in the children, preparing them for their future academic and personal journeys.

Who is the CEO of Little People Childcare Inc?

Elchonon Kanarek is the Coo of Little People Childcare Inc.

What is the revenue of Little People Childcare Inc?

Little People Childcare Inc's revenue in 2022 was $4,221,017.

Who are the executives of Little People Childcare Inc and what are their salaries?

The average compensation at Little People Childcare Inc during 2022 was $13,689. There are 124 employees at Little People Childcare Inc.


Here are 5 key members and their salaries:


Ephraim Perlstein (Coo)
  • Compensation: $203,600
  • Related: $0
  • Other: $0
Tehila Perlstein (Daycare Dire)
  • Compensation: $180,600
  • Related: $0
  • Other: $0
Yaakov Englander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elchonon Kanarek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Seeve (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Little People Childcare Inc?

Little People Childcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Little People Childcare Inc

Little People Childcare Inc, as the name suggests, is dedicated to running a daycare center that caters to preschool children. This mission is carried out through the operation of the daycare center itself, providing a nurturing environment for young children as they embark on their educational journey. The organization's primary focus is on preschool-aged children, ensuring they receive the care and attention they need during this critical stage of their development.

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Impact




July, 2024

Little People Childcare Inc's impact lies in providing a safe and nurturing environment for preschool children through its day care center. By offering quality childcare services, Little People Childcare Inc plays a vital role in supporting working parents by allowing them to pursue their careers while ensuring their children receive proper care and early education. The organization's mission to operate a day care center for preschool children in Lakewood, NJ, contributes to the overall well-being and development of the community's youngest members. Through its services, Little People Childcare Inc directly impacts the lives of children and families, offering a valuable resource for human services in the community.




This information is meant to be a general summary of Little People Childcare 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.

Revenue
$4,221,017 (2022)
Expenses
$3,167,736 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $4,131,017
  • Gross Receipts: $4,221,017

Assets and Liabilities:

  • Total Assets: $2,273,043
  • Total Liabilities: $25,533
  • Net Assets: $2,247,510

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DAY CARE INCOME

Revenue

$3,884,343

FOOD PROGRAM INCOME

Revenue

$246,674

Organization Details

Founding Year

2017

Principal Officer

Elchonon Kanarek

Main Address

222 SOUTH CLOVER STREET, LAKEWOOD, NJ, 08701

NTEE Category

Code: P33 - Human services

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