Overview
What is Children's Literacy Center Inc?
Children's Literacy Center Inc, located at 2928 Straus Lane 100, Colorado Springs, CO 80907, is a dedicated nonprofit organization. Their primary mission is to empower children by providing them with free reading intervention and instruction. During the year ending May 31, 2023, their tutors offered 12,392 hours of services, equating to an estimated value of $991,360. Their motto, "Building a life of success through a foundation of literacy...ONE child at a time," encapsulates their commitment to bettering each child's life, one step at a time. With a team of 34 employees, they strive to create a solid foundation in literacy for the children they serve.
Official website here: www.childrensliteracycenter.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Children's Literacy Center Inc has demonstrated exceptional performance with a 96% score on Charity Navigator, which highlights its strong accountability and financial management practices. The organization boasts a 100% independent board, ensuring unbiased governance. Their financial health is robust, as indicated by a low liabilities to assets ratio of 5.36% and an impressive program expense ratio of 77.20%, reflecting their commitment to effectively utilizing funds for their mission.
The organization excels in fostering a positive culture and community, achieving a perfect score of 100% in this area. They actively collect and use feedback to enhance their programs, showcasing their responsiveness to stakeholders' needs. Their comprehensive policies on conflict of interest, whistleblowing, and document retention further reinforce their commitment to transparency and ethical practices.
While the data is overwhelmingly positive, potential donors and volunteers may want to consider the organization's focus areas and community impact in relation to their personal interests. Overall, Children's Literacy Center Inc stands out as a highly reputable nonprofit making significant strides in promoting literacy among children.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Literacy Center Inc legitimate?
Children's Literacy Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Literacy 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: $133,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,003
For more financial information, click here
Official website here: www.childrensliteracycenter.org/
What is the mission statement of Children's Literacy Center Inc?
The Children's Literacy Center Inc's mission is centered around fostering success in children's lives by establishing a solid literacy base. This is achieved by providing free intervention and instruction in reading, on an individual basis, to eligible children. Through the commitment of tutors, they offer around 12,392 hours of service annually, equating to an estimated value of over $991,000. This organization's work is dedicated to making a significant impact, one child at a time.
Official website here: www.childrensliteracycenter.org/
Who is the CEO of Children's Literacy Center Inc?
Gina Solazzi is the President of Children's Literacy Center Inc.
Official website here: www.childrensliteracycenter.org/
What is the revenue of Children's Literacy Center Inc?
Children's Literacy Center Inc's revenue in 2023 was $1,130,113.
Official website here: www.childrensliteracycenter.org/
Who are the executives of Children's Literacy Center Inc and what are their salaries?
The average compensation at Children's Literacy Center Inc during 2023 was $14,686. There are 34 employees and 167 volunteers at Children's Literacy Center Inc.
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- Compensation: $110,005
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- Other: $18,082
Official website here: www.childrensliteracycenter.org/
Where can I find the form 990 for Children's Literacy Center Inc?
Children's Literacy Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.childrensliteracycenter.org/
Learn more at the official website: www.childrensliteracycenter.org/
Mission Statement of Children's Literacy Center Inc
Children's Literacy Center Inc is dedicated to establishing a solid foundation of literacy for children, contributing to their future success. Through its mission, the organization strives to achieve this goal one child at a time. By providing free reading intervention and instruction, Children's Literacy Center Inc seeks to empower young individuals, fostering their ability to read effectively and confidently. During the year concluded on May 31, 2023, the center's tutors invested a substantial amount of time and effort, offering 12,392 hours of services with an estimated value of $991,360. This commitment to literacy development underscores the organization's dedication to supporting children in their educational journey.
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Impact
July, 2024
Children's Literacy Center Inc is making a significant impact by providing free reading intervention and instruction to eligible children in Colorado Springs. Their tutors have dedicated 12,392 hours of services, with an estimated value of $991,360, for the year ended May 31, 2023. By focusing on building a strong foundation of literacy for each child, they are empowering them to succeed in life. This impactful work directly aligns with their mission of building success through literacy, one child at a time.
This information is meant to be a general summary of Children's Literacy 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 2023.
- Investment Income: $18,118
- Program Service Revenue: $90,800
- Gross Receipts: $1,214,384
Assets and Liabilities:
- Total Assets: $1,512,393
- Total Liabilities: $81,168
- Net Assets: $1,431,225
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Site contract revenue
Revenue
$90,800
Organization Details
Founding Year
1992
Phone
(719) 471-8672Principal Officer
Gina Solazzi
Main Address
2928 Straus Lane 100, Colorado Springs, CO, 80907
NTEE Category
Code: B99Z - Education
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