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CHARITY REVIEW
Issued: October 2024 Expires: November 2026

Learning Grove Inc.

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
333 Madison Avenue, Second Floor
Covington, KY, 41011

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Learning Grove Inc. meets the 20 Standards for Charity Accountability.

Stated Purpose:
Learning Grove develops and supports learning that empowers children, youth, and families across diverse communities.

Year, State Incorporated:
1977, KY

Supporting Children From Infancy Through Early Adulthood. Our driving passion is providing the best child care and education for children. It is our mission to provide the support that helps families thrive
through all ages and stages.
Early Childhood Education - Learning Through Play and Active Engagement
Before- and After- School Programs - Discovery of Self Through Academics, Art and Music
College and Career Readiness - Guiding Students to Achieve Their Goals and Dreams

For the year ended December 31, 2023, Learning Grove Inc.'s program expenses were:

Child Development Centers $10,933,068
Families Forward $1,756,750
School Age Services $871,569
NaviGo $632,126
Outside Services $501,811
Coaching $150,151
Advocacy and Research $111,318
Professional Development $1,190
Innovation Labs $32
Leadership Scholars $28
Family Child Care $19
Young Families $-7,022
Total Program Expenses $14,951,040

Chief Executive
Shannon Starkey-Taylor, CEO

Chair of the Board
Mr. Drew Tilow, Board President

Chair's Profession / Business Affiliation
Daley Design + Build

Board Size
25

Paid Staff Size
300

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 10.88%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Learning Grove Inc.'s audited financial statements for the year ended December 31, 2023.

Source of Funds
Federal and state subsidy $4,862,396
Direct program service fees $4,026,119
Grants and contributions $2,455,978
Early Head Start $2,449,992
Excess of assets acquired over liabilities assumed in acquisition of FamiliesFORWARD $1,847,214
Preschool Promise $1,303,416
Contracted services $1,080,930
United Way allocation $850,090
US Department of Agriculture $504,253
Net investment return $326,146
Fundraising $148,082
Other income $82,337
Ohio Department of Education $25,000
Total Income $19,961,953

Programs: 80% Fundraising: 2% Administrative: 18%

Total Income $19,961,953
Total expenses: $18,614,678
  Program expenses $14,951,040
  Fundraising expenses $378,676
  Administrative expenses $3,284,962
  Other expenses $0
Income in Excess of Expenses $1,347,275
Beginning Net Assets $5,137,083
Other Changes In Net Assets $29,312
Ending Net Assets $6,513,670
Total Liabilities $6,242,486
Total Assets $12,756,156

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Cincinnati