Overview
What is Nantucket Lighthouse School Inc?
Nantucket Lighthouse School Inc, located at 1 RUGGED ROAD, NANTUCKET, MA 02554, is a nonprofit organization dedicated to the education of children during their pre-school and elementary years. With a team of 30 employees, this school fosters the inherent social, intellectual, and moral wisdom in each child, preparing them to lead responsible and joyful lives. The organization's mission is deeply embedded in its educational approach, ensuring that every child receives a well-rounded education.
Official website here: www.nantucketlighthouseschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Nantucket Lighthouse School Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved a high score of 96%, with a notable emphasis on the integrity of its financial practices. The score demonstrates transparency, as evidenced by the absence of material diversion of assets and the presence of thorough audit and oversight policies.
The nonprofit boasts a highly independent board, with 92% of its members being independent, which enhances its governance and accountability. Furthermore, it maintains robust policies, including conflict of interest and whistleblower protections, ensuring ethical operations. The program expense ratio of 74.91% indicates that a significant portion of its funds is directed towards its programs, reinforcing its commitment to fulfilling its mission effectively.
While the organization showcases strong financial health with a liabilities to assets ratio of 38.75%, it is crucial for potential donors and stakeholders to continue to monitor the effectiveness and impact of its programs. Overall, Nantucket Lighthouse School Inc stands out as a well-managed nonprofit with a reliable track record in financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Nantucket Lighthouse School Inc legitimate?
Nantucket Lighthouse School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Lighthouse 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: $108,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,183,477
For more financial information, click here
Official website here: www.nantucketlighthouseschool.org
What is the mission statement of Nantucket Lighthouse School Inc?
The Nantucket Lighthouse School Inc's mission is centered around fostering the social, intellectual, and moral wisdom in each child. This educational institution aims to prepare every student for a responsible and joyful life. Its primary activity involves operating a school, catering to children during their pre-school and elementary years. The school's mission emphasizes the importance of nurturing each child's potential, instilling responsible behaviors, and promoting overall well-being.
Official website here: www.nantucketlighthouseschool.org
Who is the CEO of Nantucket Lighthouse School Inc?
Chad B Small is the Chair of Nantucket Lighthouse School Inc.
Official website here: www.nantucketlighthouseschool.org
What is the revenue of Nantucket Lighthouse School Inc?
Nantucket Lighthouse School Inc's revenue in 2022 was $2,330,075.
Official website here: www.nantucketlighthouseschool.org
Who are the executives of Nantucket Lighthouse School Inc and what are their salaries?
The average compensation at Nantucket Lighthouse School Inc during 2022 was $43,074. There are 30 employees and 25 volunteers at Nantucket Lighthouse School Inc.
Here are 18 key members and their salaries:
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- Compensation: $108,738
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Official website here: www.nantucketlighthouseschool.org
Where can I find the form 990 for Nantucket Lighthouse School Inc?
Nantucket Lighthouse School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nantucketlighthouseschool.org
Learn more at the official website: www.nantucketlighthouseschool.org
Mission Statement of Nantucket Lighthouse School Inc
Nantucket Lighthouse School Inc is an educational institution that is committed to fostering the social, intellectual, and moral wisdom in children during their pre-school and elementary years. The school's mission is to prepare each child for a responsible and joyful life. By providing a conducive learning environment, the school aims to call forth the inherent wisdom in each child, equipping them with the necessary skills and values to navigate life successfully.
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Impact
July, 2024
Nantucket Lighthouse School Inc's impact lies in fostering inherent social, intellectual, and moral wisdom in children and preparing them to lead responsible and joyful lives. Through its dedicated operation as a school for preschool and elementary years, it actively cultivates a supportive environment where children can develop essential skills and values for a successful future. This commitment to education is evident in its mission to shape well-rounded individuals equipped to positively contribute to society.
This information is meant to be a general summary of Nantucket Lighthouse 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: $59
- Program Service Revenue: $1,325,892
- Gross Receipts: $2,385,539
Assets and Liabilities:
- Total Assets: $4,128,066
- Total Liabilities: $1,430,863
- Net Assets: $2,697,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND PROGRAM FE
Revenue
$1,325,892
Organization Details
Founding Year
2000
Phone
(508) 228-0427Principal Officer
Chad B Small
Main Address
1 RUGGED ROAD, NANTUCKET, MA, 02554
NTEE Category
Code: B20 - Education
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