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The Learning Circle Daycare Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850387625 ✦ Kirtland, NM ✦ Designated as a 501(c)(3)

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Overview

What is The Learning Circle Daycare Inc?

The Learning Circle Daycare Inc, situated in Kirtland, New Mexico, is a committed nonprofit organization that focuses on delivering child care and educational services. Operating as a child day care organization, they strive to cater to the needs of young learners in the community. Their mission is to provide a nurturing environment where children can grow and learn, fostering their overall development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

The Learning Circle Daycare Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is derived from a comprehensive evaluation of the organization’s financial health and governance practices, emphasizing their commitment to transparency and responsible management of funds.

The organization demonstrates strong governance with 100% independent board members and has robust policies in place, including whistleblower and conflict of interest policies. They reported no material diversion of assets and maintain an impressive program expense ratio, indicating that nearly all their expenditures are directed towards their mission-related activities.

While the overall score is commendable, it's important to note that the rating is solely based on the Accountability & Finance beacon, suggesting that there may be limited insights into other aspects of their operations or impact. As such, potential donors and supporters may wish to consider additional information about the effectiveness of their programs and community outcomes when evaluating this nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is The Learning Circle Daycare Inc legitimate?

The Learning Circle Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Circle Daycare 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: $359,379

For more financial information, click here

What is the mission statement of The Learning Circle Daycare Inc?

The Learning Circle Daycare Inc's mission is centered around providing child care and educational services. As a daycare organization, their primary goal is to cater to the needs of children, offering an environment that fosters learning and growth. The organization strives to create a nurturing atmosphere where children can develop cognitively, emotionally, and socially. Their mission is to contribute positively to the overall development of the young minds under their care. They aim to equip children with essential skills and knowledge, preparing them for their future endeavors. The Learning Circle Daycare Inc is committed to providing a high-quality educational experience that supports the holistic development of each child.

Who is the CEO of The Learning Circle Daycare Inc?

John Scott is the Treasuer of The Learning Circle Daycare Inc.

What is the revenue of The Learning Circle Daycare Inc?

The Learning Circle Daycare Inc's revenue in 2022 was $826,426.

Who are the executives of The Learning Circle Daycare Inc and what are their salaries?

The average compensation at The Learning Circle Daycare Inc during 2022 was $16,335. There are 22 employees at The Learning Circle Daycare Inc.


Here are 5 key members and their salaries:


Bill Karlin (Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Lee (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Scott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Learning Circle Daycare Inc?

The Learning Circle Daycare Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Learning Circle Daycare Inc

The Learning Circle Daycare, as a mission-driven organization, is dedicated to providing high-quality child care and educational services. Situated in Kirtland, New Mexico, this daycare center operates with the primary goal of catering to the needs of young children. By functioning as a child day care organization, The Learning Circle Daycare aims to contribute positively to the development and well-being of the children under its care. The organization's mission is to foster an environment that encourages learning and growth, ensuring that each child receives a well-rounded educational experience.

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Impact




July, 2024

The impact of The Learning Circle Daycare Inc is evident in the positive influence it has on the lives of children in Kirtland, NM. By providing child care and education services, this organization plays a crucial role in supporting working families, nurturing child development, and preparing young minds for future success. Through its mission to offer quality care and education, The Learning Circle Daycare Inc contributes to the wellbeing of families in the community and lays a foundation for children to thrive academically and socially. This impact resonates beyond the daycare setting, shaping the future generation and fostering a supportive environment for children to learn and grow.




This information is meant to be a general summary of The Learning Circle Daycare 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.

Revenue
$826,426 (2022)
Expenses
$713,590 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $669,159
  • Gross Receipts: $826,426

Assets and Liabilities:

  • Total Assets: $680,479
  • Total Liabilities: $80,253
  • Net Assets: $600,226

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHILDCARE FEES

Revenue

$669,159

Organization Details

Founding Year

1995

Principal Officer

John Scott

Main Address

PO BOX 894, KIRTLAND, NM, 87417

NTEE Category

Code: P33Z - Human services

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