Overview
What is Martinsville Giving Nest Inc?
Martinsville Giving Nest Inc is a nonprofit organization situated in Martinsville, focusing on early childhood education. They offer comprehensive preschool programs, including nursery school, early school admissions, and kindergarten, with the primary aim of nurturing young minds. Their mission is to equip children with essential learning skills and knowledge, setting a strong foundation for their future academic journey. The organization's activities strongly revolve around preschool education, ensuring a smooth transition into primary school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Martinsville Giving Nest Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. While the organization shows strengths in accountability with a fully independent board and a solid program expense ratio of 96.40%, it lacks essential financial transparency. The absence of financial statements and other critical policies raises concerns about governance and accountability.
The organization features a good percentage of independent board members and has effectively documented its board meeting minutes. However, it falls short in providing necessary documentation such as its tax form on its website, a conflict of interest policy, and a whistleblower policy, which are vital for fostering trust and transparency with stakeholders.
In summary, while Martinsville Giving Nest Inc demonstrates a commitment to using its funds effectively for programs, it must address the significant gaps in financial reporting and governance policies to enhance its credibility and operational effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Martinsville Giving Nest Inc legitimate?
Martinsville Giving Nest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martinsville Giving Nest 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,152,100
For more financial information, click here
What is the mission statement of Martinsville Giving Nest Inc?
Martinsville Giving Nest Inc., with its focus on early education, aims to educate young children through various programs such as nursery school, early school admissions, and kindergarten. The organization's mission is centered around providing a strong preschool foundation, fostering the growth and development of young minds. By offering these educational programs, Martinsville Giving Nest Inc. strives to prepare children for their future schooling and beyond, setting them up for success in their formative years.
Who is the CEO of Martinsville Giving Nest Inc?
Deborah Hannon is the Director of Martinsville Giving Nest Inc.
What is the revenue of Martinsville Giving Nest Inc?
Martinsville Giving Nest Inc's revenue in 2022 was $1,639,356.
Who are the executives of Martinsville Giving Nest Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $110,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Martinsville Giving Nest Inc?
Martinsville Giving Nest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Martinsville Giving Nest Inc
Martinsville Giving Nest Inc, a nonprofit organization, is dedicated to the education of young children. Its mission is brought to life through various programs, including nursery school, early school admissions, and kindergarten education. The primary goal of Martinsville Giving Nest is to foster the learning and development of young children, setting them on a path to success in their academic journeys. By providing these educational opportunities, the organization strives to equip these children with essential skills and knowledge, laying a solid foundation for their future learning experiences.
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Impact
July, 2024
Martinsville Giving Nest Inc's impact lies in providing preschool education through nursery school, early school admissions, and kindergarten programs in Watchung, NJ. The organization's core mission is to educate young children, helping them develop foundational skills and prepare them for future academic success. Through their dedication to early childhood education, Martinsville Giving Nest Inc plays a crucial role in shaping the future generation's learning journey.
This information is meant to be a general summary of Martinsville Giving Nest 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: $1,639,356
- Gross Receipts: $1,639,356
Assets and Liabilities:
- Total Assets: $672,429
- Total Liabilities: $238,715
- Net Assets: $433,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION-PRESCHOOL
Revenue
$1,639,356
Organization Details
Phone
(908) 755-6664Principal Officer
Deborah Hannon
Main Address
461 WATCHUNG AVE, WATCHUNG, NJ, 07059
NTEE Category
Code: B21 - Education
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