Overview
What is The Preschool Experience Inc?
The Preschool Experience Inc, located at 1091 Centre Street, Newton, MA 02459, is a nonprofit organization that focuses on early childhood education. With a mission to nurture socialization skills in young children, they operate a preschool program that enrolled 39 students during the fiscal year ending August 31, 2022. Their approach is child-directed, allowing children to develop their self-esteem and readiness skills at their own pace. The organization is staffed by 11 dedicated employees, ensuring a supportive learning environment for the enrolled students.
Official website here: www.thepreschoolexperience.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
The Preschool Experience Inc has received a low rating of 58%, indicating concerns regarding its accountability and financial practices. The organization scores particularly poorly due to a lack of independent board members and missing key governance policies such as a conflict of interest policy and document retention guidelines. These factors contribute to its overall low accountability score, which reflects transparency and effective management.
Despite the significant issues in governance, The Preschool Experience Inc shows strengths in its financial management, with a high program expense ratio of 93.24%. This suggests that a large proportion of its funding is directed towards its programs, which is a positive indicator for donors who prioritize program impact over administrative costs. The organization also maintains a low liabilities to assets ratio, signaling relative financial stability.
However, the absence of financial statements and critical governance documents on its website raises red flags for potential donors. Without these documents, it is challenging for stakeholders to assess the organization's financial health and accountability fully. Overall, while The Preschool Experience Inc is effectively using its funds for its programs, significant improvements are needed in governance and transparency to enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is The Preschool Experience Inc legitimate?
The Preschool Experience Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Preschool Experience 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: $103,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thepreschoolexperience.org
What is the mission statement of The Preschool Experience Inc?
The Preschool Experience Inc's mission is centered around a child-directed preschool program, with a strong focus on fostering the development of socialization skills. This approach aims to boost a child's self-esteem and readiness skills. The program's objective is to create an environment that supports the overall growth and development of the enrolled children. During the fiscal year ending on August 31, 2022, the preschool had 39 students enrolled.
Official website here: www.thepreschoolexperience.org
Who is the CEO of The Preschool Experience Inc?
Danielle Ball is the Pres/Clerk/Director of The Preschool Experience Inc.
Official website here: www.thepreschoolexperience.org
What is the revenue of The Preschool Experience Inc?
The Preschool Experience Inc's revenue in 2022 was $519,036.
Official website here: www.thepreschoolexperience.org
Who are the executives of The Preschool Experience Inc and what are their salaries?
The average compensation at The Preschool Experience Inc during 2022 was $9,392. There are 11 employees at The Preschool Experience Inc.
Here are 2 key members and their salaries:
- Compensation: $96,559
- Related: $0
- Other: $0
- Compensation: $6,757
- Related: $0
- Other: $0
Official website here: www.thepreschoolexperience.org
Where can I find the form 990 for The Preschool Experience Inc?
The Preschool Experience Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thepreschoolexperience.org
Learn more at the official website: www.thepreschoolexperience.org
Mission Statement of The Preschool Experience Inc
The Preschool Experience Inc, a renowned preschool institution, is committed to nurturing children's development through a child-directed program. Their primary focus is on fostering the growth of socialization skills, aiming to boost children's self-esteem and readiness skills. This approach to education empowers young learners, preparing them for future endeavors. The preschool program operates with a student body of 39 children during the fiscal year ending August 31, 2022.
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Impact
July, 2024
The Preschool Experience Inc's impact lies in providing a child-directed preschool program that prioritizes the development of socialization skills. With a focus on fostering children's self-esteem and readiness skills, this nonprofit organization in Newton, MA, serves 39 students, creating a nurturing environment where young learners can grow and thrive. Through their emphasis on socialization and individualized attention, The Preschool Experience Inc positively influences the early development of children, laying a strong foundation for their future academic and personal success.
This information is meant to be a general summary of The Preschool Experience 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: $4,259
- Program Service Revenue: $459,340
- Gross Receipts: $535,322
Assets and Liabilities:
- Total Assets: $402,758
- Total Liabilities: $121,435
- Net Assets: $281,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$459,340
Organization Details
Founding Year
1979
Phone
(617) 964-6749Principal Officer
Danielle Ball
Main Address
1091 CENTRE STREET, NEWTON, MA, 02459
NTEE Category
Code: B21 - Education
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