Overview
What is Yolanda Lopez Family Day Care Inc?
Yolanda Lopez Family Day Care Inc, located at 12070 Santa Fe Ave, Lynwood, CA 90262, is a nonprofit organization dedicated to offering high-quality childcare services to families in financial need. Employing a team of 15 individuals, they cater to 65 students ranging from 18 months to 12 years old. The organization's primary mission is to enhance the childcare experience for low-income families, striving to provide a better and more nurturing environment for young learners.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating
Yolanda Lopez Family Day Care Inc received a score of 56% from Charity Navigator, indicating a One-Star rating. This rating reflects significant concerns regarding the organization's accountability and financial practices. Notably, the organization lacks independent board members and has not provided financial statements, which raises transparency issues.
On the positive side, the charity has a perfect program expense ratio of 100%, demonstrating that all its expenses are directed toward its programs. However, there are several critical weaknesses, including missing key policies such as a whistleblower policy and document retention procedures. Additionally, the absence of a website listed on the tax form further diminishes trust in its operations.
Overall, while Yolanda Lopez Family Day Care Inc is committed to funding its programs, it faces substantial governance and transparency challenges that potential donors and stakeholders should be aware of. Without addressing these limitations, the organization may struggle to build credibility and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Yolanda Lopez Family Day Care Inc legitimate?
Yolanda Lopez Family Day Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yolanda Lopez Family Day 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: $109,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yolanda Lopez Family Day Care Inc?
Yolanda Lopez Family Day Care Inc's mission is centered around improving the quality of child care for families with limited financial resources. The organization strives to provide a nurturing environment for children aged between 18 months and 12 years. Its primary objective is to ensure that these children, who come from low-income families, receive high-quality care and education. The organization's activities are geared towards meeting the unique needs of these families, aiming to make a positive impact on their lives.
Who is the CEO of Yolanda Lopez Family Day Care Inc?
Yoland Lopez is the President of Yolanda Lopez Family Day Care Inc.
What is the revenue of Yolanda Lopez Family Day Care Inc?
Yolanda Lopez Family Day Care Inc's revenue in 2022 was $1,348,926.
Who are the executives of Yolanda Lopez Family Day Care Inc and what are their salaries?
The average compensation at Yolanda Lopez Family Day Care Inc during 2022 was $7,280. There are 15 employees and 2 volunteers at Yolanda Lopez Family Day Care Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yolanda Lopez Family Day Care Inc?
Yolanda Lopez Family Day Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yolanda Lopez Family Day Care Inc
Yolanda Lopez Family Day Care Inc is committed to enhancing the standard of child care for families with limited financial resources. This nonprofit organization's mission is centered around providing a superior quality of care for children aged between 18 months and 12 years. By undertaking this mission, Yolanda Lopez Family Day Care Inc aims to make a significant impact on the lives of these children, ensuring they receive the nurturing and educational environment they require to thrive. The organization's dedication to low-income families ensures that these children, who may otherwise lack such opportunities, can benefit from a high-quality child care setting.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Yolanda Lopez Family Day Care Inc positively impacts the Lynwood community by providing high-quality child care services to low-income families. Through its mission to improve the quality of child care for those in need, the organization supports the development and well-being of children ages 18 months to 12 years. By offering a safe and nurturing environment for up to 65 students, Yolanda Lopez Family Day Care Inc plays a crucial role in supporting working families and ensuring that children receive the care and attention they need to thrive.
This information is meant to be a general summary of Yolanda Lopez Family Day 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: $1,348,926
- Gross Receipts: $1,348,926
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
program fees child care - private
Revenue
$54,636
Drew Child Development
Revenue
$456,350
County of Los Angeles
Revenue
$41,267
Crystal Stairs In
Revenue
$663,494
Organization Details
Founding Year
2008
Phone
(424) 338-3053Principal Officer
Yoland Lopez
Main Address
12070 Santa Fe Ave, Lynwood, CA, 90262
NTEE Category
Code: P33 - Human services
If you are a representative of Yolanda Lopez Family Day Care Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.