Overview
What is Norfolk Cooperative Primary Inc?
Norfolk Cooperative Primary Inc is a nonprofit organization, specifically dedicated to the education of pre-kindergarten children. Situated in an undisclosed location, this institution offers a specialized program tailored to the unique needs of this age group. The primary mission of Norfolk Cooperative Primary Inc is to provide a nurturing environment where young learners can grow and develop, ensuring a strong foundation for their future academic and personal success. By focusing on pre-kindergarten education, this organization plays a vital role in preparing children for their next steps in life, setting them up for success in kindergarten and beyond.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Norfolk Cooperative Primary Inc has received a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and financial health. The overall score is based entirely on its Accountability & Finance metrics, reflecting a strong commitment to maintaining transparency in its operations and financial reporting.
One of the standout features of this organization is its governance structure, with 100% independent board members, showcasing a commitment to impartial oversight. The fiscal management is also commendable, with a program expense ratio of 93.06%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated no material diversions of assets, which further highlights its integrity.
While the rating is strong, it is essential for potential donors and supporters to consider that the score is solely based on financial and accountability metrics. The absence of other evaluation criteria, such as programmatic outcomes or impact metrics, means that while the organization is financially sound, additional information would be helpful to assess its overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Norfolk Cooperative Primary Inc legitimate?
Norfolk Cooperative Primary Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norfolk Cooperative Primary 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: $181,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,567
For more financial information, click here
What is the mission statement of Norfolk Cooperative Primary Inc?
Norfolk Cooperative Primary Inc., a pre-kindergarten educational institution, is committed to educating young children within its facility. They achieve this goal through a tailored program specifically designed for this age group. The organization's mission is centered around providing a nurturing learning environment that fosters the growth and development of these young learners. By offering an age-appropriate educational program, Norfolk Cooperative Primary Inc. aims to prepare pre-kindergarten children for their future academic journey.
Who is the CEO of Norfolk Cooperative Primary Inc?
Lori Higgins is the Treasurer of Norfolk Cooperative Primary Inc.
What is the revenue of Norfolk Cooperative Primary Inc?
Norfolk Cooperative Primary Inc's revenue in 2022 was $488,117.
Who are the executives of Norfolk Cooperative Primary Inc and what are their salaries?
The average compensation at Norfolk Cooperative Primary Inc during 2022 was $28,749. There are 10 employees at Norfolk Cooperative Primary Inc.
Here are 5 key members and their salaries:
- Compensation: $74,565
- Related: $0
- Other: $0
- Compensation: $40,526
- Related: $0
- Other: $0
- Compensation: $21,857
- Related: $0
- Other: $0
- Compensation: $21,133
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Norfolk Cooperative Primary Inc?
Norfolk Cooperative Primary Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Norfolk Cooperative Primary Inc
Norfolk Cooperative Primary Inc, a nonprofit organization, is dedicated to providing pre-kindergarten education. Their mission is to educate young children in this age group through a specialized program tailored to their needs. The organization operates within its facilities, offering a nurturing environment that encourages learning and development. Norfolk Cooperative Primary Inc's approach to education is unique, catering specifically to the needs of pre-kindergarten children.
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Impact
July, 2024
Norfolk Cooperative Primary Inc's impact is significant in providing pre-kindergarten education in Norfolk, Massachusetts. By offering a specialized program designed for this specific age group, the organization plays a crucial role in laying a strong educational foundation for young children. This early education opportunity helps in shaping the future academic and personal development of these children, setting them up for success as they progress through their schooling journey. Norfolk Cooperative Primary Inc's commitment to quality education contributes positively to the overall educational landscape in the community and prepares young learners for future academic endeavors.
This information is meant to be a general summary of Norfolk Cooperative Primary 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: $13
- Program Service Revenue: $392,950
- Gross Receipts: $488,117
Assets and Liabilities:
- Total Assets: $251,504
- Total Liabilities: $140,809
- Net Assets: $110,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$391,311
EVENTS
Revenue
$1,639
Organization Details
Founding Year
1978
Phone
(508) 528-3660Principal Officer
Lori Higgins
Main Address
PO BOX 448- ONE UNION STREET, NORFOLK, MA, 02056
NTEE Category
Code: B210 - Education
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