Overview
What is Hoover Intergenerational Care Inc?
Hoover Intergenerational Care Inc is a nonprofit organization situated in Los Angeles, California, specifically at 3216 S Hoover Street, ZIP code 90007. Its primary mission is to offer affordable and high-quality child care services to local working parents. The organization aims to provide a well-rounded education for children, focusing on enhancing their perception, thinking, and language skills in a group setting through various activities. Additionally, Hoover Intergenerational Care Inc facilitates recreational interaction between children through supervised play activities. For the year ending June 30, 2021, the organization operated for approximately 246 days and served an average of 69 children in its preschool program, with a total child day enrollment of 14,310 days. The organization is staffed by 16 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 73%)
Hoover Intergenerational Care Inc has received a Two-Star rating from Charity Navigator, indicating room for improvement in governance and financial practices. The organization scored 73% overall, reflecting strengths in areas such as financial statement audits and a favorable program expense ratio of 96.25%. These metrics suggest that the majority of their expenditures are directed towards their programs, indicating a commitment to their mission.
However, there are significant weaknesses in governance practices, primarily characterized by the absence of independent board members and a lack of transparency regarding board meeting minutes and tax forms on their website. The organization has not established a whistleblower policy, which raises concerns about accountability. Additionally, the lack of independent oversight may affect public trust and the overall effectiveness of the board.
In summary, while Hoover Intergenerational Care Inc demonstrates a strong commitment to program funding, it must address governance issues to enhance its credibility and accountability. Improvements in transparency and board independence will be crucial for building stakeholder confidence and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Hoover Intergenerational Care Inc legitimate?
Hoover Intergenerational Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoover Intergenerational Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $505,462
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What is the mission statement of Hoover Intergenerational Care Inc?
Hoover Intergenerational Care Inc's primary mission is to offer affordable, high-quality, and contemporary child care services to local working parents. The organization strives to provide a quality education by fostering the children's perception, thinking, and language skills in a group setting. This is achieved through various activities and interactive play sessions, ensuring recreational engagement among children under supervision. For the fiscal year ending on June 30, 2019, Hoover was operational for approximately 246 days and served an average of 80 children in the pre-school program. The total child day enrollment for the year reached 15,561 days.
Who is the CEO of Hoover Intergenerational Care Inc?
Richard Foos is the Treasurer of Hoover Intergenerational Care Inc.
What is the revenue of Hoover Intergenerational Care Inc?
Hoover Intergenerational Care Inc's revenue in 2022 was $911,107.
Who are the executives of Hoover Intergenerational Care Inc and what are their salaries?
The average compensation at Hoover Intergenerational Care Inc during 2022 was $31,591. There are 16 employees at Hoover Intergenerational Care Inc.
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Where can I find the form 990 for Hoover Intergenerational Care Inc?
Hoover Intergenerational Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hoover Intergenerational Care Inc
Hoover Intergenerational Care Inc is committed to providing affordable, top-notch, and modern child care services to local working parents. The organization's primary objective is to foster a high-quality education for children by enhancing their perception, thinking, and language skills in a group setting. This is achieved through engaging activities and supervised playtime, encouraging social interaction between children. In the fiscal year ending on June 30, 19, Hoover Intergenerational Care Inc operated for 246 days and served approximately 80 children on average for the preschool program. Over the course of the year, a total of 15,561 child care days were provided.
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Impact
July, 2024
Hoover Intergenerational Care Inc's impact lies in providing affordable, quality, and state-of-the-art child care services to local working parents in Los Angeles, CA. By offering a preschool program that focuses on developing children's perception, thinking, and language skills in a group setting while facilitating recreational interactions through supervised play activities, Hoover is not only supporting working families but also contributing to the educational and social development of young children. Through its operations, Hoover served an average of 69 children in the preschool program over the year ended 6/30/21, totaling 14,310 child day enrollments. This dedication to providing a nurturing and educational environment for children has a tangible impact on the families it serves and the community as a whole.
This information is meant to be a general summary of Hoover Intergenerational Care 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 2022.
- Program Service Revenue: $1,733
- Gross Receipts: $911,107
Assets and Liabilities:
- Total Assets: $2,236,190
- Total Liabilities: $926,208
- Net Assets: $1,309,982
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM FEES
PARENT FEES
Revenue
$1,733
Organization Details
Phone
(213) 748-3700Principal Officer
Richard Foos
Main Address
3216 S HOOVER STREET, LOS ANGELES, CA, 90007
NTEE Category
Code: P33Z - Human services
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