Overview
What is Educare Inc?
Educare Inc, located in Layton, Utah, is a nonprofit organization that offers educational and daycare services to children within the community surrounding Hill Air Force Base. With a team of 22 dedicated individuals, this organization is committed to providing a nurturing environment for young learners, aiming to foster their growth and development. The mission of Educare Inc is centered around catering to the educational needs of local children, thereby contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Educare Inc has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its financial accountability and governance practices. The charity's lack of independent board members and transparency in financial statements notably contributed to this rating, reflecting potential deficiencies in oversight and management.
Strengths highlighted include a solid program expense ratio and a good liabilities to assets ratio, suggesting that the organization utilizes its resources effectively for its programs. However, the absence of essential policies such as conflict of interest and whistleblower protections raises questions about the internal governance and ethical practices of the organization.
Overall, while Educare Inc appears to be effective in program implementation, its governance structure and financial accountability need substantial improvement to enhance trust and reliability among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Educare Inc legitimate?
Educare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educare 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: $209,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,795
For more financial information, click here
What is the mission statement of Educare Inc?
Educare Inc, as an organization, is committed to providing education and day-care services to children within their community. Their mission is geared towards fostering the growth and development of these children, ensuring they receive a nurturing environment that supports their overall well-being. The organization's activities primarily revolve around offering educational resources and care services, aiming to contribute positively to the children's cognitive and social development. While the specific details about the organization's goals or long-term objectives are not provided, it is clear that Educare Inc is dedicated to supporting the educational needs of children in its community.
What is the revenue of Educare Inc?
Educare Inc's revenue in 2023 was $1,085,826.
Who are the executives of Educare Inc and what are their salaries?
The average compensation at Educare Inc during 2023 was $25,602. There are 18 employees at Educare Inc.
Here are 5 key members and their salaries:
- Compensation: $52,000
- Related: $0
- Other: $0
- Compensation: $46,800
- Related: $0
- Other: $0
- Compensation: $43,160
- Related: $0
- Other: $0
- Compensation: $42,120
- Related: $0
- Other: $0
- Compensation: $24,960
- Related: $0
- Other: $0
Where can I find the form 990 for Educare Inc?
Educare Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Educare Inc
Educare Inc, a nonprofit organization, is committed to providing educational and day-care services to children residing within the community surrounding Hill Air Force Base, Utah. Its mission is centered around fostering the growth and development of these young minds, offering them a nurturing environment that supports their overall well-being. By providing these essential services, Educare Inc contributes to the community, ensuring that children in the area have access to quality education and care, thereby setting a strong foundation for their future.
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Impact
July, 2024
Educare Inc's impact is significant as it provides education and day-care services to children within the community surrounding Hill Air Force Base in Utah. By offering these essential services, Educare Inc plays a crucial role in supporting the families of service members and contributing to the overall well-being and development of children in the area. This organization's dedication to education and childcare underscores its commitment to serving the community and promoting a positive environment for children to learn and grow.
This information is meant to be a general summary of Educare 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.
- Program Service Revenue: $553,094
- Gross Receipts: $1,085,826
Assets and Liabilities:
- Total Assets: $746,046
- Total Liabilities: $8,969
- Net Assets: $737,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$553,094
Organization Details
Founding Year
1988
Principal Officer
Letitia Ahrensback
NTEE Category
Code: P33 - Human services
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