Overview
What is Grow3410 Inc?
Grow3410 Inc is a nonprofit organization situated in Paris, Texas, with a core address at 3410 N MAIN ST. Their primary mission is to provide daycare and educational programs for children ranging from six weeks to five years old. This organization serves between 120 and 130 children, contributing to their growth and development. Grow3410 Inc's activities align with the religious and charitable purposes of the Christian Fellowship Church in Paris, TX, ensuring a holistic approach to childcare. With a dedicated workforce of 39 individuals, the organization strives to support the needs of local families through quality daycare and educational programs.
Official website here: www.growdaycare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, earning it a Two-Star out of Four Star rating. This rating indicates that Grow3410 Inc demonstrates some strengths in its organizational structure but has notable areas needing improvement, particularly in financial transparency and sustainability.
One of the organization's strengths is its governance, with 100% of its board members being independent, which is crucial for maintaining objectivity and integrity in decision-making. Furthermore, it has a high program expense ratio of 98.68%, suggesting that a significant portion of its resources is directed towards its programs, which is a positive indicator for donors looking for impact-oriented charities.
However, the organization faces serious concerns regarding its financial reporting, as it received no points for financial statements and has a very high liabilities to assets ratio of 582.67%. This raises questions about financial health and long-term viability. Additionally, the absence of its tax form on the website limits transparency for stakeholders wanting to evaluate its financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Grow3410 Inc legitimate?
Grow3410 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grow3410 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: $454,623
For more financial information, click here
Official website here: www.growdaycare.com
What is the mission statement of Grow3410 Inc?
Grow3410 Inc's mission is centered around providing daycare and educational programs, serving to support and advance the religious and charitable purposes of a particular Christian fellowship church. This organization offers these services to children ranging from six weeks to five years old, catering to approximately 120-130 young learners. The primary objective of Grow3410 Inc is to contribute to the spiritual and educational growth of these children, aligning with the values and beliefs of the affiliated church.
Official website here: www.growdaycare.com
Who is the CEO of Grow3410 Inc?
Cory Jones is the President of Grow3410 Inc.
Official website here: www.growdaycare.com
What is the revenue of Grow3410 Inc?
Grow3410 Inc's revenue in 2022 was $555,493.
Official website here: www.growdaycare.com
Who are the executives of Grow3410 Inc and what are their salaries?
The average compensation at Grow3410 Inc during 2022 was $11,657. There are 39 employees at Grow3410 Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.growdaycare.com
Where can I find the form 990 for Grow3410 Inc?
Grow3410 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.growdaycare.com
Learn more at the official website: www.growdaycare.com
Mission Statement of Grow3410 Inc
Grow3410 Inc, a nonprofit organization, is dedicated to providing daycare and educational programs. Its mission aligns with the religious and charitable purposes of the Christian Fellowship Church in Paris, TX. Essentially, Grow3410 Inc serves as an extension of this church, offering support and furtherance to its values through the provision of early childhood education and care services. The organization caters to children aged between six weeks and five years, offering a nurturing environment for around 120 to 130 young learners. This commitment to childcare and education reflects Grow3410 Inc's role in fostering the growth and development of the next generation, aligning with its mission to serve and uphold the values of the Christian Fellowship Church.
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Impact
July, 2024
Grow3410 Inc's impact lies in providing critical daycare and educational programs for children aged 6 weeks to 5 years in Paris, TX. By serving 120-130 children, the organization significantly contributes to the educational and developmental growth of these young individuals. Through their mission to support the religious and charitable purposes of the Christian Fellowship Church, Grow3410 Inc plays a vital role in the community by nurturing and educating the next generation.
This information is meant to be a general summary of Grow3410 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: $19
- Program Service Revenue: $555,124
- Gross Receipts: $555,493
Assets and Liabilities:
- Total Assets: $7,578
- Total Liabilities: $44,156
- Net Assets: -$36,578
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$555,124
Organization Details
Founding Year
2019
Phone
(903) 609-3800Principal Officer
Cory Jones
Main Address
3410 N MAIN ST, PARIS, TX, 75460
Website
www.growdaycare.comNTEE Category
Code: B21 - Education
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