Overview
What is Laser Childcare?
Laser Childcare is a nonprofit organization situated in Seattle, Washington, specifically at 3311 NE 60th ST. Their primary mission is to offer a comprehensive after-school program for children in grades K-6, supplementing their regular school curriculum. This program, which extends beyond school hours, aims to enrich the educational experience of school-aged children. Laser Childcare also provides supplemental before-school programs, as well as summer and school break activities, ensuring a continuous learning environment for the children they serve.
Official website here: www.laserchildcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Laser Childcare has received a Three-Star rating from Charity Navigator, indicating a reasonable level of accountability and financial health. The overall score is derived solely from the Accountability & Finance beacon, which reflects the organization's commitment to transparency and effective management of resources.
The organization demonstrates strong governance with a fully independent board, scoring 8 out of 8 points in that category. Additionally, it maintains a high program expense ratio of 81.93%, which suggests that a significant portion of its funds is directed towards its mission and programs rather than administrative costs. The absence of material asset diversion and the presence of necessary policies, such as conflict of interest and document retention, further enhance its accountability profile.
However, it is noted that Laser Childcare lacks a whistleblower policy, which can be a limitation in ensuring comprehensive transparency and protection for those reporting concerns. Despite this shortcoming, the organization's overall financial management appears sound, indicating it is making a positive impact within its community.
This AI summary has been generated from information found on Charity Navigator.
Is Laser Childcare legitimate?
Laser Childcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laser Childcare 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: $110,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,037,225
For more financial information, click here
Official website here: www.laserchildcare.org
What is the mission statement of Laser Childcare?
Laser Childcare's mission is centered around providing supplemental education and care for school-aged children. Specifically, they offer before and after school programs, as well as summer and school break activities. Their mission extends beyond the regular school hours, aiming to supplement the basic curriculum with a multi-disciplinary program tailored for children in grades K-6. The objective is to create an enriching environment that complements the children's academic growth and development.
Official website here: www.laserchildcare.org
What is the revenue of Laser Childcare?
Laser Childcare's revenue in 2023 was $2,057,821.
Official website here: www.laserchildcare.org
Who are the executives of Laser Childcare and what are their salaries?
The average compensation at Laser Childcare during 2023 was $12,478. There are 92 employees and 15 volunteers at Laser Childcare.
Here are 12 key members and their salaries:
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- Compensation: $107,771
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- Other: $2,954
Official website here: www.laserchildcare.org
Where can I find the form 990 for Laser Childcare?
Laser Childcare's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.laserchildcare.org
Learn more at the official website: www.laserchildcare.org
Mission Statement of Laser Childcare
Laser Childcare, a nonprofit organization, is dedicated to providing a supplemental educational program for school-aged children. Their mission encompasses offering before and after school programs, as well as summer and school-break activities, for children in grades K-6. The organization aims to complement the children's basic curriculum with a multi-disciplinary program that operates beyond regular school hours. This supplemental program is designed to enhance the children's learning experience and provide them with additional opportunities for growth and development.
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Impact
July, 2024
Laser Childcare's impact can be seen in the direct support it provides to school-age children in Seattle, WA. By offering a supplemental before and after school program for children from kindergarten to 6th grade, Laser Childcare helps enhance their educational experience beyond regular school hours. This multi-disciplinary approach not only supplements the basic curriculum but also provides a structured and enriching environment for children during critical developmental stages. Through its mission to provide supplemental before and after school, as well as summer and school-break programs, Laser Childcare plays a significant role in supporting the education and well-being of children in the community.
This information is meant to be a general summary of Laser Childcare. 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: $129
- Program Service Revenue: $1,578,968
- Gross Receipts: $2,057,821
Assets and Liabilities:
- Total Assets: $1,457,589
- Total Liabilities: $141,114
- Net Assets: $1,316,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,578,968
Organization Details
Founding Year
1998
Principal Officer
Marissa Kane
Website
www.laserchildcare.orgNTEE Category
Code: B900 - Education
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