Overview
What is Lafontaine Learning Center Inc?
Lafontaine Learning Center Inc, situated in a rural community of Indiana, is a nonprofit organization dedicated to providing Christian-based childhood education. Operating year-round during normal business hours, they cater to children from the age of six months to twelve years, serving around 80 children and their families per week. Their primary purpose is to deliver high-quality Christian childcare and education, aiming to excel in this field while contributing to the local community's growth and honoring God. The center houses approximately 25 employees, committed to providing an enriching learning environment for the young generation.
Official website here: www.theelementary.org/learningcommunity
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating. This rating indicates that while Lafontaine Learning Center Inc demonstrates some accountability and financial transparency, there are notable areas for improvement. The organization scored particularly well in board independence and governance, with 83% of board members being independent and maintaining essential policies such as conflict of interest guidelines.
However, the center has weaknesses that impacted its overall score. The lack of a whistleblower policy and missing document retention and destruction policies raised concerns about ethical practices and compliance with best practices for nonprofit governance. Additionally, the organization’s liabilities to assets ratio is concerning at 179.27%, indicating potential financial issues that could affect its sustainability.
On a positive note, Lafontaine Learning Center allocates a significant portion of its budget to programs, with an impressive program expense ratio of 80.18%. This suggests a strong commitment to fulfilling its mission. Nevertheless, the absence of transparency measures like posting tax forms on its website is a limitation that could hinder public trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Lafontaine Learning Center Inc legitimate?
Lafontaine Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafontaine Learning Center 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: $259,771
For more financial information, click here
Official website here: www.theelementary.org/learningcommunity
What is the mission statement of Lafontaine Learning Center Inc?
Lafontaine Learning Center Inc's primary mission is to offer high-quality, Christian-based childcare and education. Situated in a small, rural community, the center caters to children aged from six months to twelve years, serving around 80 children and their families throughout the week. Operating year-round during normal business hours, the center strives for excellence in education and continues to expand its program benefiting the local community and God's glory.
Official website here: www.theelementary.org/learningcommunity
Who is the CEO of Lafontaine Learning Center Inc?
Evan Bowman is the President of Lafontaine Learning Center Inc.
Official website here: www.theelementary.org/learningcommunity
What is the revenue of Lafontaine Learning Center Inc?
Lafontaine Learning Center Inc's revenue in 2022 was $502,786.
Official website here: www.theelementary.org/learningcommunity
Who are the executives of Lafontaine Learning Center Inc and what are their salaries?
The average compensation at Lafontaine Learning Center Inc during 2022 was $10,391. There are 25 employees and 5 volunteers at Lafontaine Learning Center Inc.
Here are 8 key members and their salaries:
- Compensation: $8,576
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- Other: $0
Official website here: www.theelementary.org/learningcommunity
Where can I find the form 990 for Lafontaine Learning Center Inc?
Lafontaine Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theelementary.org/learningcommunity
Learn more at the official website: www.theelementary.org/learningcommunity
Mission Statement of Lafontaine Learning Center Inc
Lafontaine Learning Center Inc, a nonprofit organization, is dedicated to delivering high-quality Christian childcare and education. Their primary mission is to cater to the educational needs of children aged six months to twelve years, serving around 80 children and their families in a small, rural community. The center operates year-round, providing education during normal business hours from 7 a.m. to 5:30 p.m. Lafontaine Learning Center Inc aims to excel in education and continually expand its program to benefit the local community and glorify God.
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Impact
July, 2024
Lafontaine Learning Center Inc's impact is felt through its provision of quality Christian childcare and education to approximately 80 children and their families in a small, rural community. Operating year-round during normal business days, this center serves children aged 6 months through 12 years, striving to excel in education and continually grow its program for the benefit of the local community and the glory of God. Through its commitment to Christian-based childhood education, Lafontaine Learning Center Inc plays a vital role in nurturing young minds and providing a supportive environment for families in the area.
This information is meant to be a general summary of Lafontaine Learning Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $135
- Program Service Revenue: $284,268
- Gross Receipts: $502,786
Assets and Liabilities:
- Total Assets: $39,433
- Total Liabilities: $0
- Net Assets: $39,433
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$284,268
Organization Details
Founding Year
2019
Phone
(765) 371-2044Principal Officer
Evan Bowman
Main Address
207 N WABASH AVE, LAFONTAINE, IN, 46940
NTEE Category
Code: B24 - Education
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