Overview
What is South Walpole Community Preschool Inc?
South Walpole Community Preschool Inc, located at 1886 Washington Street, South Walpole, MA 02071, is a nonprofit organization dedicated to providing a nurturing and creative environment for children to grow and develop. With a team of 11 dedicated individuals, this preschool aims to foster emotional, social, cognitive, and physical development in children, preparing them for kindergarten. The preschool promotes a setting that encourages children to learn the values of caring and sharing, fostering an accepting and affirming atmosphere.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (67%)
The South Walpole Community Preschool Inc has been rated as "Needs Improvement," reflecting a score of 67%. The rating highlights significant concerns regarding the organization's governance structure, particularly the absence of independent board members, which could affect its accountability and decision-making processes.
Despite these governance issues, the preschool demonstrates positive financial health with a low liabilities to assets ratio of 0.43%, indicating sound fiscal management. Additionally, it allocates a high percentage of its expenses (92.26%) directly to programs, suggesting a strong focus on its educational mission and effective use of funds.
However, the organization lacks transparency in certain areas, such as not having its website listed on tax forms and missing essential policies regarding document retention. These limitations may hinder public trust and awareness of the preschool's operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is South Walpole Community Preschool Inc legitimate?
South Walpole Community Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Walpole Community Preschool 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: $64,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,384
For more financial information, click here
What is the mission statement of South Walpole Community Preschool Inc?
The mission of South Walpole Community Preschool Inc is centered around providing a nurturing, creative atmosphere where children can flourish emotionally, socially, cognitively, and physically. This environment encourages learning, teaching children the importance of empathy and sharing in a setting that embraces acceptance and affirmation. The primary goal is to prepare children for kindergarten, fostering their growth and development in a manner that promotes their overall well-being.
Who is the CEO of South Walpole Community Preschool Inc?
Arlene Cherella is the Executive Dir. of South Walpole Community Preschool Inc.
What is the revenue of South Walpole Community Preschool Inc?
South Walpole Community Preschool Inc's revenue in 2022 was $491,729.
Who are the executives of South Walpole Community Preschool Inc and what are their salaries?
The average compensation at South Walpole Community Preschool Inc during 2022 was $22,277. There are 11 employees at South Walpole Community Preschool Inc.
Here are 4 key members and their salaries:
- Compensation: $45,534
- Related: $0
- Other: $0
- Compensation: $25,326
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Walpole Community Preschool Inc?
South Walpole Community Preschool Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Walpole Community Preschool Inc
South Walpole Community Preschool Inc is committed to creating a nurturing and innovative environment that fosters the holistic development of children. This includes their emotional, social, cognitive, and physical growth, as well as teaching them the values of empathy and sharing in an accepting and affirming setting. The preschool aims to prepare children for their transition into kindergarten, providing them with a solid foundation for future learning and personal growth.
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Impact
July, 2024
South Walpole Community Preschool Inc's impact is profound in fostering the emotional, social, cognitive, and physical growth of children in a caring and creative environment. By providing a space where children can learn to care and share in an accepting and affirming setting, this preschool plays a crucial role in preparing young minds for kindergarten and beyond. Through its educational activities and nurturing atmosphere, South Walpole Community Preschool Inc positively influences the development of the next generation.
This information is meant to be a general summary of South Walpole Community Preschool 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: $280
- Program Service Revenue: $292,120
- Gross Receipts: $495,280
Assets and Liabilities:
- Total Assets: $139,686
- Total Liabilities: $9,680
- Net Assets: $130,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRESCHOOL SERVICES
Revenue
$292,120
Organization Details
Founding Year
1998
Phone
(508) 668-4331Principal Officer
Arlene Cherella
Main Address
1886 WASHINGTON STREET, SOUTH WALPOLE, MA, 02071
NTEE Category
Code: B21 - Education
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