Kids of Excellence Learning Center
Nonprofit profile at a glance
- EIN
- 473524230
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- New Orleans, LA, USA
- Phone
- 5048840425
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $1,162,782
- Expenses
- $1,360,609
- Assets
- $4,693
- Liabilities
- $268,675
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Kristi Givens (Executive Director)
- Tisa Parker (President)
Highest reported compensation
- Kristi Givens (Executive Director): $128,350 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve our community by providing access to quality education and community resources to young children in at-risk communities, preparing them to succeed in a diverse and changing world.
What it reported doing in 2024
Kids of Excellence Learning Center strives to create an environment where kids learn to create, collaborate, think critically, and explore learning at their own pace. Through several subsidy programs, we work with families of all budgets to ensure that their children have fair access to quality care. Students actively pose problems, explore solutions, develop an understanding of real world concepts, and use the power of imagination to approach academic lessons.
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 75
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.1%; rating input score 88
- Program expense ratio: 75.2%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -17%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 57.25; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 9.8% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 8.9% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 88.1% of revenue deployed · 75.2% of spending went to programs
- Governance: 3 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $128K · 4 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 11/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.