Lullaby House Inc
Nonprofit profile at a glance
- EIN
- 364685848
- IRS 990 coverage
- 2012–2014
- Forms available
- Form 990 2014, Form 990-EZ 2011
- Location
- Lewes, DE, USA
- Phone
- 3027032871
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $858,824
- Expenses
- $923,041
- Assets
- $142,532
- Liabilities
- $246,057
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Randall Minnich (Vice President)
- Joseph A Gebbia Jr (President)
Highest reported compensation
- Joseph A Gebbia Jr (President): $46,250 total reported compensation
- Paul Gebbia (Member at Large): $21,000 total reported compensation
- Pamela Weddle (Secretary): $17,220 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lullaby House mission is to provide a safe loving and educational environment for all children from birth to kindergarten in our care We make it our goal to offer quality care and education for all children regardless of the parents financial status
What it reported doing in 2014
The purpose of our program is to provide quality education and care to children ages Birth to Kindergarten regardless of disability and or financial status We encourage parents who have special needs children and low income families to apply to our center, as we make 100 present of our spaces available to these children and families Lullaby is dedicated to helping children who are physically developmentally and or financially challenged The aim is to remove obstacles that make everyday living extremely difficult and to provide these young people with a renewed sense of dignity, independence and freedom. This is a bold step and demonstrates our deep belief in a quality early start. High-quality early care and education assures a strong start on the skills necessary for a child's future success in school and life. Children in stimulating early education programs are more likely to be academically successful. Currently one forth of our children are special needs and 75 percent are low income.
Operating model
- Revenue model
- Other-operating. 90% of the money available for current operations came from other operating revenue.
- 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 92
- Accountability: 43
- Sustainability: 15
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- 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: 50%; rating input score 50; 10th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -7.5%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 1.73; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 9.2%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 16.1% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 41.1% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 55.2% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 6 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $923K in reported program spending
- Leadership: top reported pay $46K · 6 people listed
- Consistency: 40 of 40 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 3 filing years from 2012 to 2014
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Independent voting board scored 50/100.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.