Overview
What is Sstps Inc?
Sstps Inc, with its headquarters in Albuquerque, New Mexico, is a dedicated nonprofit organization. Their primary focus is on delivering high-quality early education to the local community through their pre-school and daycare facility, La Luz Early Childhood Center. This mission is driven by a commitment to providing a nurturing atmosphere that fosters developmentally appropriate care and education. The organization has been verified to uphold this responsibility, as indicated by their audit findings. With a team of 42 dedicated individuals, Sstps Inc is committed to contributing positively to the early education sector in Albuquerque.
Official website here: www.laluzecc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sstps Inc has received a Two-Star out of Four Star rating, with an overall score of 64%. This rating is derived entirely from its Accountability & Finance score, which also stands at 64%. This indicates that while the organization demonstrates strong financial practices in some areas, it has notable deficiencies that impact its overall evaluation.
The nonprofit excels in areas such as having an audited financial statement and policies regarding material diversion of assets. Additionally, it maintains transparency in its board meeting minutes. However, the lack of a whistleblower policy, document retention practices, and missing tax forms on its website have negatively affected its score, highlighting areas for improvement in governance and transparency.
Financially, Sstps Inc shows a healthy program expense ratio of 82.94%, suggesting that a significant portion of its funding is directed toward its mission-related activities. However, a liabilities to assets ratio of 62.64% raises some concerns about financial stability. Overall, while Sstps Inc demonstrates accountability in several key areas, it must address its governance policies and transparency to enhance its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Sstps Inc legitimate?
Sstps Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sstps 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: $109,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $916,957
For more financial information, click here
Official website here: www.laluzecc.org
What is the mission statement of Sstps Inc?
Sstps Inc's mission is centered around providing a child-focused learning environment. This environment is designed to offer developmentally appropriate care and education in a nurturing atmosphere. The organization demonstrates a commitment to delivering a high-quality early education process, ensuring the growth and development of the children in its care. The audits conducted by Sstps Inc serve to verify its responsibility towards the residents of Albuquerque, New Mexico, in this regard.
Official website here: www.laluzecc.org
What is the revenue of Sstps Inc?
Sstps Inc's revenue in 2023 was $1,378,245.
Official website here: www.laluzecc.org
Who are the executives of Sstps Inc and what are their salaries?
The average compensation at Sstps Inc during 2023 was $25,660. There are 40 employees and 2 volunteers at Sstps Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $77,767
- Related: $0
- Other: $1,798
- Compensation: $29,173
- Related: $0
- Other: $688
Official website here: www.laluzecc.org
Where can I find the form 990 for Sstps Inc?
Sstps Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.laluzecc.org
Learn more at the official website: www.laluzecc.org
Mission Statement of Sstps Inc
Sstps Inc, a nonprofit organization, is dedicated to providing a nurturing environment for children's learning and development. Their mission is to offer a child-centered approach, ensuring that the care and education provided are age-appropriate. This is achieved in a loving atmosphere, demonstrating Sstps Inc's commitment to the well-being and growth of the children under their care. Through their audits, they have confirmed their responsibility to deliver high-quality early education to the residents of Albuquerque, New Mexico.
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Impact
July, 2024
Sstps Inc's impact can be seen through its operation of a pre-school and daycare facility in Albuquerque, NM. The organization has demonstrated a commitment to providing quality early education to residents of the city. Sstps Inc's mission is to offer a child-centered learning environment that provides developmentally appropriate care and education in a nurturing atmosphere. By fulfilling this mission, Sstps Inc positively influences the lives of children and families in the community, contributing to the overall well-being and development of young children.
This information is meant to be a general summary of Sstps 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: $526
- Program Service Revenue: $1,229,811
- Gross Receipts: $1,378,245
Assets and Liabilities:
- Total Assets: $375,037
- Total Liabilities: $47,742
- Net Assets: $327,295
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,228,546
PARENTS DAY/NIGHT OUT
Revenue
$1,265
Organization Details
Founding Year
2000
Principal Officer
Lisa Opperman
Website
www.laluzecc.orgNTEE Category
Code: P33 - Human services
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