Overview
What is Discovery Schoolhouse Inc?
Discovery Schoolhouse Inc, located in Milton, Massachusetts, serves as a nonprofit organization dedicated to providing affordable and high-quality early care and education to approximately 20-30 toddler and preschool-aged children daily, for 52 weeks a year. Their child-centered approach is developmentally appropriate, family-friendly, and focuses on enhancing children's social and emotional development. The organization's mission extends beyond just education, offering free, reduced, and affordable rates for various programs. These include community arts programs, training, education, and resources for parents and teachers of young children, community outreach related to families with young children, and serving as a resource for the nearby community. Discovery Schoolhouse Inc embraces a total of 18 employees in its workforce.
Official website here: www.discoveryschoolhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Discovery Schoolhouse Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement despite achieving a strong Accountability & Finance score of 100%. The organization excels in having a majority of independent board members and maintains a low liabilities to assets ratio, which reflects financial stability and commitment to transparency. However, the absence of critical financial documentation and policies has affected its overall score.
While the organization has a high program expense ratio of 98.54%, demonstrating that the majority of its funds are directed towards programs rather than administrative costs, several key governance policies are missing. Notably, the lack of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about accountability and ethical governance practices.
Overall, Discovery Schoolhouse Inc shows strengths in financial management and program dedication, but the missing governance policies and necessary financial statements indicate areas that require attention to enhance transparency and trust. Addressing these limitations will be crucial for improving their rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Discovery Schoolhouse Inc legitimate?
Discovery Schoolhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discovery Schoolhouse 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: $83,312
Professional Fundraising Fees: $0
Other Salaries and Wages: $403,065
For more financial information, click here
Official website here: www.discoveryschoolhouse.org
What is the mission statement of Discovery Schoolhouse Inc?
Discovery Schoolhouse Inc's mission is centered around providing essential services at affordable rates. This includes offering early care and education, community arts programs, training, education, and resources for parents and teachers of young children, as well as community outreach for families of young children. Additionally, the organization serves as a resource for its nearby community. In particular, Discovery Schoolhouse Inc provides high-quality, developmentally appropriate early care and education to approximately 20-30 toddler and preschool-aged children daily, focusing on their social and emotional development.
Official website here: www.discoveryschoolhouse.org
Who is the CEO of Discovery Schoolhouse Inc?
Susan Koch-Weser is the President of Discovery Schoolhouse Inc.
Official website here: www.discoveryschoolhouse.org
What is the revenue of Discovery Schoolhouse Inc?
Discovery Schoolhouse Inc's revenue in 2022 was $812,945.
Official website here: www.discoveryschoolhouse.org
Who are the executives of Discovery Schoolhouse Inc and what are their salaries?
The average compensation at Discovery Schoolhouse Inc during 2022 was $27,021. There are 18 employees and 146 volunteers at Discovery Schoolhouse Inc.
Here are 6 key members and their salaries:
- Compensation: $83,312
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.discoveryschoolhouse.org
Where can I find the form 990 for Discovery Schoolhouse Inc?
Discovery Schoolhouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.discoveryschoolhouse.org
Learn more at the official website: www.discoveryschoolhouse.org
Mission Statement of Discovery Schoolhouse Inc
Discovery Schoolhouse Inc, a nonprofit organization, is committed to providing essential services at affordable, reduced, and reasonable rates. Its mission encompasses five key areas: (1) offering early care and education, (2) facilitating community arts programs, (3) providing training, education, and resources for parents and teachers of young children, (4) engaging in community outreach related to families of young children, and (5) serving as a resource to the nearby community.
In the realm of early care and education, Discovery Schoolhouse Inc offers child-centered, developmentally appropriate, family-friendly, and socially-emotionally focused programs. Approximately 20-30 toddler and preschool-aged children benefit from these services, which are provided daily, 52 weeks a year, from 7:00 AM to 6:00 PM. This early care and education, offered at or below typical local rates, is a vital component of the organization's mission.
Additionally, Discovery Schoolhouse Inc plays a significant role in the community by offering training, education, and resources for parents and teachers of young children. This commitment extends to community outreach, ensuring families of young children are well-supported. Furthermore, the organization serves as a reliable resource to the nearby community, providing essential services and fostering a sense of community.
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Impact
July, 2024
Discovery Schoolhouse Inc's impact lies in its provision of affordable, quality early care and education to toddler and preschool-aged children in Milton, MA. By offering child-centered, developmentally appropriate programs that focus on social and emotional development, Discovery Schoolhouse Inc supports working families in the community by providing essential childcare services at or below typical local rates. Additionally, the organization extends its impact beyond childcare by offering community arts programs, training and resources for parents and teachers, and engaging in outreach activities that benefit families with young children. Through its multifaceted approach, Discovery Schoolhouse Inc serves as a valuable resource and support system for the nearby community, enhancing the well-being and development of children and families alike.
This information is meant to be a general summary of Discovery Schoolhouse 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: $55
- Program Service Revenue: $723,960
- Gross Receipts: $812,945
Assets and Liabilities:
- Total Assets: $331,782
- Total Liabilities: $4,120
- Net Assets: $327,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE TUITION
Revenue
$717,765
T-SHIRTS, ETC
Revenue
$6,195
Organization Details
Founding Year
1996
Phone
(617) 698-9876Principal Officer
Susan Koch-Weser
Main Address
101 BLUE HILLS PARKWAY, MILTON, MA, 02186
Website
www.discoveryschoolhouse.orgNTEE Category
Code: B21 - Education
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