Overview
What is Milldam Nursery School Inc?
Milldam Nursery School Inc is a nonprofit institution situated in Concord, Massachusetts. Its primary focus is on providing early education, encompassing admissions for young learners and kindergarten programs. The organization is renowned for operating a comprehensive nursery school program, which plays a significant role in nurturing children's growth and development. Milldam Nursery School's mission is centered around delivering quality nursery school education, ensuring a smooth transition for children into their next educational milestones.
Official website here: www.milldamnurseryschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Milldam Nursery School Inc has achieved an impressive 92% score from Charity Navigator, signifying a strong performance in accountability and finance. The organization's high score indicates effective management of its resources, with critical metrics such as a program expense ratio of 79.30%, demonstrating a commitment to utilizing a significant portion of its budget directly for programs.
One of the notable strengths of Milldam Nursery School is its independent board, composed entirely of 16 independent members, which highlights a commitment to transparency and good governance. Additionally, the organization scores full points in categories like audit oversight and liabilities to assets ratio, showcasing its financial health and responsible management practices.
However, there are some areas for improvement. The absence of a conflict of interest policy and the failure to post the tax form on the nonprofit's website resulted in a few points being deducted. Addressing these limitations could enhance their overall rating and ensure even greater accountability within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Milldam Nursery School Inc legitimate?
Milldam Nursery School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milldam Nursery School 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
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Other Salaries and Wages: $358,876
For more financial information, click here
Official website here: www.milldamnurseryschool.org
What is the mission statement of Milldam Nursery School Inc?
Milldam Nursery School Inc's primary mission is to run a nursery school, providing early education services. This encompasses admissions for young children and kindergarten programs, all aimed at fostering learning and development. The organization does not appear to have a publicly stated mission beyond its operational activities, focusing solely on nursery school education.
Official website here: www.milldamnurseryschool.org
Who is the CEO of Milldam Nursery School Inc?
Melita Constable is the President of Milldam Nursery School Inc.
Official website here: www.milldamnurseryschool.org
What is the revenue of Milldam Nursery School Inc?
Milldam Nursery School Inc's revenue in 2022 was $619,722.
Official website here: www.milldamnurseryschool.org
Who are the executives of Milldam Nursery School Inc and what are their salaries?
The average compensation at Milldam Nursery School Inc during 2022 was $17,944. There are 20 employees at Milldam Nursery School Inc.
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Official website here: www.milldamnurseryschool.org
Where can I find the form 990 for Milldam Nursery School Inc?
Milldam Nursery School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milldamnurseryschool.org
Learn more at the official website: www.milldamnurseryschool.org
Mission Statement of Milldam Nursery School Inc
Milldam Nursery School Inc is committed to providing early education through its nursery school program. This organization's mission revolves around conducting nursery school education, encompassing admissions for young children and kindergarten programs. Milldam Nursery School Inc is dedicated to fostering the growth and development of these young learners, offering them a nurturing environment to lay the foundation for their future academic journeys. The organization's activities are centered around providing quality education, ensuring that every child in its care is given the best start in their educational journey.
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Impact
July, 2024
Milldam Nursery School Inc makes a significant impact by providing high-quality nursery school education to children in Concord, MA. By offering early school admissions and kindergarten programs, the organization plays a crucial role in preparing young minds for future academic success. Through its focus on early childhood education, Milldam Nursery School Inc helps children develop important skills and a love for learning that will benefit them throughout their lives. The organization's commitment to educational excellence contributes to the overall growth and development of the community.
This information is meant to be a general summary of Milldam Nursery School 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.
- Investment Income: $185
- Program Service Revenue: $483,672
- Gross Receipts: $630,279
Assets and Liabilities:
- Total Assets: $566,225
- Total Liabilities: $210,778
- Net Assets: $355,447
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$483,672
Organization Details
Founding Year
1968
Phone
(978) 369-4048Principal Officer
Melita Constable
Main Address
PO BOX 582, CONCORD, MA, 01742
Website
www.milldamnurseryschool.orgNTEE Category
Code: B21Z - Education
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