Kings Academy Child Enrichment Center Inc

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

EIN: 850601530 ✦ Axton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Kings Academy Child Enrichment Center Inc?

Kings Academy Child Enrichment Center Inc is a nonprofit organization situated in Axton, Virginia, with the postal address 790 Irisburg Road. Serving approximately 80 families, their mission is centered around establishing robust early learning programs that cater to infants and extend up to the second grade. The center also offers after-school care for Kindergarten to 5th grade students. Committed to delivering high-quality and accountable early learning and development programs, Kings Academy prioritizes the well-being of all children in their care. In addition to providing childcare services, they offer academic tutoring to aid in children's learning progress. With a team of 46 dedicated individuals, the center strives to create a nurturing and supportive environment for their young learners.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 60%, Two-Star out of Four Star rating.

Kings Academy Child Enrichment Center Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several areas despite a strong accountability and finance score of 100%. The organization shows a commendable program expense ratio of 92.83%, demonstrating a commitment to program services rather than administrative costs. However, the absence of independent board members raises concerns about governance and oversight.

The evaluation highlights several significant gaps, including a missing website listed on the tax form and a lack of whistleblower and document retention policies. These deficiencies suggest a need for improved transparency and adherence to best practices in governance. While the organization has effectively managed its liabilities and maintains appropriate records of board meeting minutes, these shortcomings could impact trust among stakeholders and potential donors.


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

Is Kings Academy Child Enrichment Center Inc legitimate?

Kings Academy Child Enrichment Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kings Academy Child Enrichment 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: $38,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,376

For more financial information, click here

What is the mission statement of Kings Academy Child Enrichment Center Inc?

Kings Academy Child Enrichment Center Inc's mission is centered around providing high-quality child care services and academic tutoring. They are dedicated to creating successful early learning programs for children from infancy through the second grade. Additionally, they offer after-school care for Kindergarten to 5th grade students. Their commitment extends to ensuring accountable early learning and development programs for all children in their care. In essence, their mission is to support the overall growth and education of young learners.

Who is the CEO of Kings Academy Child Enrichment Center Inc?

Kristie Strader is the President of Kings Academy Child Enrichment Center Inc.

What is the revenue of Kings Academy Child Enrichment Center Inc?

Kings Academy Child Enrichment Center Inc's revenue in 2022 was $571,476.

Who are the executives of Kings Academy Child Enrichment Center Inc and what are their salaries?

The average compensation at Kings Academy Child Enrichment Center Inc during 2022 was $7,063. There are 46 employees and 3 volunteers at Kings Academy Child Enrichment Center Inc.


Here are 5 key members and their salaries:


Larry Luffman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Strader (Director)
  • Compensation: $38,500
  • Related: $0
  • Other: $0
Donald Hall (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Breanna Ratliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kings Academy Child Enrichment Center Inc?

Kings Academy Child Enrichment Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kings Academy Child Enrichment Center Inc

Kings Academy Child Enrichment Center Inc is dedicated to providing child care services and academic tutoring, aiming to establish robust early learning programs for children from infancy up to the second grade. Their mission is to create an environment that fosters success in these formative years, extending their support to Kindergarten through 5th grade with after-school care. The center strives for high-quality and accountable early learning and development programs, ensuring all children in their care have the best possible start.

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Impact




July, 2024

Kings Academy Child Enrichment Center Inc impacts the community by providing high-quality child care services and academic tutoring to 80 families in AXTON, VA. They focus on building successful early learning programs for children from infant care to 2nd grade, as well as offering after-school care for Kindergarten through 5th grades. By promoting accountable and high-quality early learning and development programs, Kings Academy Child Enrichment Center Inc is making a positive difference in the lives of the children in their care.




This information is meant to be a general summary of Kings Academy Child Enrichment 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.

Revenue
$571,476 (2022)
Expenses
$495,787 (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: $423,874
  • Gross Receipts: $574,745

Assets and Liabilities:

  • Total Assets: $251,604
  • Total Liabilities: $6,949
  • Net Assets: $244,655

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Programs

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

Child and after school care

Revenue

$423,874

Organization Details

Founding Year

2020

Principal Officer

Kristie Strader

Main Address

790 Irisburg Road, Axton, VA, 24054

NTEE Category

Code: P33 - Human services

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