Overview
What is Mustard Seed Kids?
Mustard Seed Kids was a nonprofit organization, whose primary mission was to address the local need for a daycare center for children. They aimed to provide daycare services, contributing to the community's wellbeing. Although information about further details such as their location, size, or other programs is not available, it is clear that they focused on meeting the demand for daycare facilities in the area. Despite the current status of the organization being unclear, their mission to offer daycare services remains noteworthy.
Official website here: www.mustardseedkidsbalaton.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
Mustard Seed Kids received a solid Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is primarily based on the organization's accountability and financial health, which is a critical aspect for donors assessing the trustworthiness of a nonprofit. Their score benefits from a perfect accountability section, indicating strong governance practices, including a board composed entirely of independent members.
The organization has shown effective financial management, evidenced by a program expense ratio of 77.56%, suggesting that a significant portion of its resources is directed towards its programs. Additionally, there are no material diversions of assets and a commendable liabilities to assets ratio of 0.00%, reflecting financial stability. The organization also provides appropriate documentation, such as board meeting minutes, indicating transparency in operations.
However, there are some areas for improvement. Mustard Seed Kids is noted to be missing several important policies, including a conflict of interest policy, a whistleblower policy, and document retention and destruction policies. These omissions may raise concerns about governance practices and overall organizational accountability, which are vital for building trust with stakeholders and donors. Addressing these gaps could enhance their rating and further solidify their reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mustard Seed Kids legitimate?
Mustard Seed Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mustard Seed Kids 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: $82,649
For more financial information, click here
Official website here: www.mustardseedkidsbalaton.com
What is the mission statement of Mustard Seed Kids?
Mustard Seed Kids, a now-inactive nonprofit organization, was established with the mission to address a local need by providing daycare services. Recognizing the absence of a daycare center in the area, Mustard Seed Kids aimed to fill this gap and offer a vital service for children. Their mission was centered around meeting the daycare needs of the community, ensuring that necessary care was available for children in the area. Unfortunately, due to its termination or inactivity, the organization is no longer able to fulfill this mission.
Official website here: www.mustardseedkidsbalaton.com
What is the revenue of Mustard Seed Kids?
Mustard Seed Kids's revenue in 2022 was $60,063.
Official website here: www.mustardseedkidsbalaton.com
Who are the executives of Mustard Seed Kids and what are their salaries?
The average compensation at Mustard Seed Kids during 2022 was $5,904. There are 14 employees at Mustard Seed Kids.
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.mustardseedkidsbalaton.com
Where can I find the form 990 for Mustard Seed Kids?
Mustard Seed Kids's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mustardseedkidsbalaton.com
Learn more at the official website: www.mustardseedkidsbalaton.com
Mission Statement of Mustard Seed Kids
Mustard Seed Kids, a nonprofit organization, was established with a mission to address a significant need in the community. Recognizing the lack of daycare centers, Mustard Seed Kids aimed to provide such services for children in the area. The organization's primary goal was to create a safe and nurturing environment where children could thrive while their parents attended to their own responsibilities. Although Mustard Seed Kids is no longer active or in operation, its mission to cater to the daycare needs of children in the community remains a testament to its commitment to the well-being of young ones.
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Impact
October, 2024
Mustard Seed Kids has made a significant impact by addressing a crucial need for daycare services in the Balaton, MN area. Recognizing the demand for childcare, the organization focused on providing a safe and nurturing environment for children, allowing parents to pursue work and other responsibilities with peace of mind. By offering these essential services, Mustard Seed Kids contributed to the well-being of families in the community, supporting early childhood development and social interaction among children. Although no longer active, its legacy underscores the importance of accessible childcare in fostering supportive environments for both children and their families.
This information is meant to be a general summary of Mustard Seed Kids. 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: $3
- Program Service Revenue: $48,126
- Gross Receipts: $60,063
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$48,126
Organization Details
Founding Year
2018
Principal Officer
Michael Nelson
NTEE Category
Code: P33 - Human services
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