Overview
What is The Neighborhood Preschool Inc?
The Neighborhood Preschool Inc, situated in Middletown, Connecticut, is a nonprofit organization dedicated to serving the community. Their primary focus is on delivering exceptional preschool education to its members. Established with a mission to provide quality learning opportunities, The Neighborhood Preschool is committed to fostering a nurturing environment that supports the overall development of young children. The organization's activities revolve around offering preschool services to the local community, aiming to contribute positively to the educational growth of its members.
Official website here: www.npswesleyan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Neighborhood Preschool Inc has earned a respectable Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a high level of independence on its board, with 100% of its members meeting independence criteria, as well as a low liabilities-to-assets ratio of 2.23%. Additionally, it allocates a significant portion of its expenses to programs, with a program expense ratio of 92.18%, indicating efficient use of funds towards its mission.
While the organization demonstrates strengths in board independence and financial management, it has notable areas for improvement. The absence of key policies, such as a conflict of interest policy and whistleblower protections, raises concerns about governance practices. Furthermore, the failure to provide tax forms on its website suggests a lack of transparency that could be addressed.
Overall, The Neighborhood Preschool Inc shows strong financial health and a commitment to its programs, but enhancing governance and transparency measures could further bolster its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is The Neighborhood Preschool Inc legitimate?
The Neighborhood Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighborhood 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: $97,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $485,729
For more financial information, click here
Official website here: www.npswesleyan.org
What is the mission statement of The Neighborhood Preschool Inc?
The Neighborhood Preschool Inc, through its mission, is committed to offering high-quality preschool education to the community. Their primary objective is to cater to the educational needs of the children, striving to provide an enriching learning environment. The preschool aims to contribute positively to the children's development, preparing them for their future educational journeys. The Neighborhood Preschool Inc's mission is centered around delivering quality education, thereby fostering a strong foundation for the children's growth and development.
Official website here: www.npswesleyan.org
What is the revenue of The Neighborhood Preschool Inc?
The Neighborhood Preschool Inc's revenue in 2024 was $769,412.
Official website here: www.npswesleyan.org
Who are the executives of The Neighborhood Preschool Inc and what are their salaries?
The average compensation at The Neighborhood Preschool Inc during 2024 was $27,790. There are 21 employees at The Neighborhood Preschool Inc.
Here are 15 key members and their salaries:
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Official website here: www.npswesleyan.org
Where can I find the form 990 for The Neighborhood Preschool Inc?
The Neighborhood Preschool Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.npswesleyan.org
Learn more at the official website: www.npswesleyan.org
Mission Statement of The Neighborhood Preschool Inc
The Neighborhood Preschool Inc, a community-focused organization, is dedicated to providing top-notch preschool services. Its mission is to offer quality education to its members, residing in Middletown, CT. The preschool aims to foster an enriching learning environment for the children under its care, ensuring they receive a solid educational foundation. The Neighborhood Preschool Inc is committed to nurturing the young minds in its community, preparing them for their future academic and personal journeys.
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Impact
July, 2024
The Neighborhood Preschool Inc provides crucial preschool services to the community in Middletown, CT, aiming to offer quality education to young children. Their impact lies in preparing children for future academic success by laying a strong foundation of learning and development during their formative years. Through their educational programs, The Neighborhood Preschool Inc contributes to shaping the next generation of capable and confident individuals who are better equipped to excel in school and beyond.
This information is meant to be a general summary of The Neighborhood 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 2024.
- Investment Income: $996
- Program Service Revenue: $740,802
- Gross Receipts: $769,412
Assets and Liabilities:
- Total Assets: $285,133
- Total Liabilities: $20,937
- Net Assets: $264,196
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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
$740,802
Organization Details
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