New Hope Child Care

Education organization based in Duluth, MN. 23 employees. Exempt under §501(c)(3).

MissionTO PROVIDE A SAFE ENVIRONMENT AND STRUCTURED LEARNING THROUGH ORGANIZED LIKE-MINDED STAFF THAT OFFERS A WARM AND LOVING ATMOSPHERE FOR CHILDREN AGES 6 WEEKS TO THE FIRST DAY BEFORE KINDERGARTEN TO GROW AND LEARN.

EIN
30-1207451
State
MN
Sector
Education
Budget band
$250K–$500K
Latest filing
TY 2024
Records
2 officers · 2 years

Financial snapshot · TY 2024

$423K
Total revenue
$449K
Total expenses
$68K
Net assets

Financial health · TY 2024

48
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
4
0.6 months of expenses
Program efficiency
96
88.5% spent on programs
Revenue diversity
40
Mix of program fees, grants & contributions

Leadership compensation

$63,233
45th percentile vs. peers
$44,423
69th percentile vs. peers

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New Hope Child Care Executive Compensation | 990 Data | DoubleNine