Overview
What is Skagit Valley Early Learning Center?
The Skagit Valley Early Learning Center, situated in Mount Vernon, Washington, serves as a nonprofit organization dedicated to offering early childhood education to local children. With a focus on this critical developmental stage, the center aims to provide a nurturing and stimulating environment that fosters learning and growth. Based at 351 Pease Road, the center's mission remains steadfast in its commitment to educating the youngest members of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Stars)
Skagit Valley Early Learning Center has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some responsible financial practices, there are significant areas needing improvement. The overall score is solely derived from the Accountability & Finance beacon, which reflects a score of 68%. This rating suggests that stakeholders may want to exercise caution when assessing the charity's financial health.
Strengths of the organization include a fully independent board with all eight members being independent, which is a positive indicator of governance. Additionally, the charity has no material diversions of assets reported and has implemented a conflict of interest policy. Its liabilities to assets ratio is notably low, demonstrating a solid financial position in that regard.
However, limitations are evident, particularly in the area of financial transparency, as the organization has not made financial statements available, resulting in a zero score in that category. The absence of a whistleblower policy also raises concerns regarding internal accountability. Overall, while Skagit Valley Early Learning Center exhibits strengths in governance and financial ratios, transparency issues could warrant further scrutiny from potential donors or partners.
This AI summary has been generated from information found on Charity Navigator.
Is Skagit Valley Early Learning Center legitimate?
Skagit Valley Early Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skagit Valley Early Learning Center 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: $64,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,499
For more financial information, click here
What is the mission statement of Skagit Valley Early Learning Center?
The Skagit Valley Early Learning Center's mission is centered around providing early childhood education to local children. This mission is carried out through various activities, with the primary focus being on educating young children from the community. By offering early education, the center aims to lay a solid foundation for the children's future learning and development. The center's mission is not just about education, but it also seeks to empower these young minds, preparing them for a successful journey in life.
Who is the CEO of Skagit Valley Early Learning Center?
Sylvia Alvarez is the Vice President of Skagit Valley Early Learning Center.
What is the revenue of Skagit Valley Early Learning Center?
Skagit Valley Early Learning Center's revenue in 2022 was $649,445.
Who are the executives of Skagit Valley Early Learning Center and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $32,000
- Related: $0
- Other: $0
- Compensation: $32,000
- Related: $0
- Other: $0
Where can I find the form 990 for Skagit Valley Early Learning Center?
Skagit Valley Early Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Skagit Valley Early Learning Center
Skagit Valley Early Learning Center, a nonprofit organization, is dedicated to providing early childhood education to local children. Their mission is centered around nurturing the growth and development of young learners, offering them a solid educational foundation that sets them up for success in their future academic and personal pursuits. By offering early childhood education, this center aims to equip children with essential skills and knowledge, laying a strong foundation for their future learning experiences. This commitment to early education is a crucial step in ensuring that every child has the opportunity to reach their full potential.
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Impact
July, 2024
Skagit Valley Early Learning Center's impact is significant in the Mount Vernon community as it provides early childhood education to local children. By offering essential educational services to young learners, the center plays a crucial role in laying a strong foundation for their future academic success. The center's dedication to providing quality early childhood education positively influences the development and growth of the children, contributing to their overall well-being and future prospects.
This information is meant to be a general summary of Skagit Valley Early Learning Center. 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.
- Program Service Revenue: $649,445
- Gross Receipts: $649,445
Assets and Liabilities:
- Total Assets: $641,428
- Total Liabilities: $11,828
- Net Assets: $629,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE SERVICES
Revenue
$649,445
Organization Details
Founding Year
2019
Principal Officer
Sylvia Alvarez
Main Address
351 PEASE RD, MOUNT VERNON, WA, 98273
NTEE Category
Code: B24 - Education
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