Overview
What is Educate Advancing Early Childhood?
Educate Advancing Early Childhood is a nonprofit organization situated in Long Beach, California, specifically at 375 Redondo Ave. Their primary objective is to offer a top-tier preschool education to kids and families residing in underserved areas, hailing from diverse backgrounds. Their mission is to enhance family functioning and establish a solid foundation for lifelong academic success. To achieve this, they conduct free, bilingual (English and Spanish) programs and classes twice a month for nine months, emphasizing the interconnectedness of education, parenting, and literacy. With a team of 33 dedicated individuals, Educate Advancing Early Childhood strives to make a positive impact on the lives of young learners and their families.
Official website here: www.educatelongbeach.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (61%)
Educate Advancing Early Childhood has received a "Needs Improvement" rating from Charity Navigator, scoring 61% overall and earning a two-star rating. The organization demonstrates a strong program expense ratio of 100%, indicating that all of its funds are allocated to its programs, which is a positive reflection of its commitment to its mission. However, the lack of independent board members and missing policies for conflict of interest, whistleblower protections, and document retention raise concerns about governance and accountability.
While the organization has a solid structure in place for financial statements and oversight, the absence of key governance policies could impact its overall effectiveness and transparency. Notably, the liability to assets ratio of 60.65% suggests some challenges in financial stability that could affect its operations. The leadership's salary is reported at $113,564 for the President & CEO, with no additional compensation for other directors, which might reflect a focus on maintaining budgetary constraints.
In summary, while Educate Advancing Early Childhood excels in directing funds toward its core programs, its governance practices warrant significant improvement. Addressing gaps in board independence and essential policy frameworks will be crucial for enhancing its accountability and public trust moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Educate Advancing Early Childhood legitimate?
Educate Advancing Early Childhood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educate Advancing Early Childhood 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: $113,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.educatelongbeach.com
What is the mission statement of Educate Advancing Early Childhood?
Educate Advancing Early Childhood is committed to delivering high-quality preschool education to children and families residing in underprivileged areas, hailing from diverse backgrounds. The organization's primary objective is to enhance family functioning and establish a solid foundation for long-term academic success. Through their programs and classes, which are held twice a month for nine months, they emphasize the interconnectedness of education, parenting, and literacy. These services are offered for free within the community, and they are conducted in both Spanish and English to cater to a broader audience.
Official website here: www.educatelongbeach.com
Who is the CEO of Educate Advancing Early Childhood?
Laurie Petersen is the CEO of Educate Advancing Early Childhood The CEO's salary of Educate Advancing Early Childhood is $113,564 and their total compensation is $113,564.
Official website here: www.educatelongbeach.com
What is the revenue of Educate Advancing Early Childhood?
Educate Advancing Early Childhood's revenue in 2023 was $1,954,314.
Official website here: www.educatelongbeach.com
Who are the executives of Educate Advancing Early Childhood and what are their salaries?
The average compensation at Educate Advancing Early Childhood during 2023 was $3,663. There are 31 employees and 40 volunteers at Educate Advancing Early Childhood.
Here are 7 key members and their salaries (Educate Advancing Early Childhood's CEO's salary is $113,564 and their total compensation is $113,564):
- Compensation: $113,564
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.educatelongbeach.com
Where can I find the form 990 for Educate Advancing Early Childhood?
Educate Advancing Early Childhood's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.educatelongbeach.com
Learn more at the official website: www.educatelongbeach.com
Mission Statement of Educate Advancing Early Childhood
Educate Advancing Early Childhood, a nonprofit organization, is committed to delivering a top-notch preschool education to children and families residing in underserved areas, hailing from diverse backgrounds. Their primary objective is to enhance family functioning and establish a solid foundation for lifelong academic success. By providing this education, they aim to foster a sense of interconnectedness between education, parenting, and literacy. They conduct regular programs and classes, free of charge to the community, twice a month for nine months. These sessions are offered in both Spanish and English, ensuring accessibility for a wide range of families.
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Impact
July, 2024
Educate Advancing Early Childhood's impact can be seen in the positive outcomes it has generated for children and families living in underserved areas. By providing a world-class preschool education, the organization has contributed to improving family functioning and laying the foundation for lifelong academic success. The programs and classes offered by Educate Advancing Early Childhood, which recognize the interconnectedness of education, parenting, and literacy, have been instrumental in empowering the community. Conducted bi-monthly over nine months and offered in both Spanish and English, these initiatives have been accessible to all, regardless of financial constraints. Through its efforts, Educate Advancing Early Childhood has made a significant difference in the lives of those it serves, fostering a supportive environment for learning and growth.
This information is meant to be a general summary of Educate Advancing Early Childhood. 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: $3,878
- Gross Receipts: $1,954,314
Assets and Liabilities:
- Total Assets: $1,070,121
- Total Liabilities: $103,187
- Net Assets: $966,934
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Organization Details
Founding Year
2010
Principal Officer
Laurie Petersen
Website
www.educatelongbeach.comNTEE Category
Code: P20 - Human services
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