Overview
What is Open House Nursery School?
Open House Nursery School is a nonprofit organization committed to collaborating with families and the community to offer an inclusive early childhood education. Their mission is to foster the overall development of children, encompassing their physical, social-emotional, and cognitive growth. This is achieved by providing education and day care services to a diverse range of families, ensuring an inclusive environment that caters to various needs.
Official website here: www.openhousekids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Open House Nursery School has achieved an overall rating of 86%, reflecting solid performance primarily in the area of Accountability and Finance. The organization benefits from a fully independent board, scoring exceptionally well with 90% of its members being independent. Additionally, it has robust financial oversight mechanisms in place, clearly demonstrated through high marks in areas such as audit and oversight, conflict of interest policies, and document retention practices.
The program expense ratio is commendably high at 85.18%, indicating that a significant portion of its budget is directed towards its educational programs. However, the organization does face a challenge with its liabilities to assets ratio, which stands at 63.55%. This suggests that while the nursery school is operationally sound, there may be concerns regarding its financial leverage and sustainability.
Overall, while Open House Nursery School shows strong governance and effective use of funds, stakeholders should remain aware of its financial ratios. Continuous monitoring of these aspects will be important for the nonprofit's long-term viability and ability to deliver on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Open House Nursery School legitimate?
Open House Nursery School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open House Nursery School 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: $148,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,050,974
For more financial information, click here
Official website here: www.openhousekids.org
What is the mission statement of Open House Nursery School?
Open House Nursery School's mission is centered around collaborating with families and the community. Their primary objective is to offer an inclusive early childhood education that fosters the holistic development of children, encompassing their physical, social-emotional, and cognitive growth. By doing so, they aim to contribute positively to the overall development of these young learners.
Official website here: www.openhousekids.org
Who is the CEO of Open House Nursery School?
Meena Duerson is the President of Open House Nursery School.
Official website here: www.openhousekids.org
What is the revenue of Open House Nursery School?
Open House Nursery School's revenue in 2022 was $2,372,514.
Official website here: www.openhousekids.org
Who are the executives of Open House Nursery School and what are their salaries?
The average compensation at Open House Nursery School during 2022 was $44,429. There are 27 employees and 8 volunteers at Open House Nursery School.
Here are 9 key members and their salaries:
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- Compensation: $102,386
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- Other: $27,719
Official website here: www.openhousekids.org
Where can I find the form 990 for Open House Nursery School?
Open House Nursery School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openhousekids.org
Learn more at the official website: www.openhousekids.org
Mission Statement of Open House Nursery School
Open House Nursery School is committed to partnering with families and the broader community to offer an inclusive early childhood education. Their mission is to nurture the physical, social-emotional, and cognitive development of children. By working collaboratively with families, this institution seeks to create an environment that supports the holistic growth of every child in their care.
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Impact
July, 2024
Open House Nursery School in Brooklyn, NY, has a significant impact on families and the community by providing inclusive early childhood education that supports children's physical, social-emotional, and cognitive development. This impact goes beyond just providing education and daycare services; it fosters a strong partnership with families and the community to ensure that children receive comprehensive support and nurturing. Open House Nursery School's commitment to inclusive education helps create a positive learning environment for children of all backgrounds, contributing to their overall growth and development.
This information is meant to be a general summary of Open House Nursery School. 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: $1,298
- Program Service Revenue: $2,063,513
- Gross Receipts: $2,375,983
Assets and Liabilities:
- Total Assets: $2,222,165
- Total Liabilities: $976,731
- Net Assets: $1,245,434
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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
$2,063,513
Organization Details
Founding Year
1978
Phone
(718) 625-5252Principal Officer
Meena Duerson
Main Address
318A WARREN STREET, BROOKLYN, NY, 11201
Website
www.openhousekids.orgNTEE Category
Code: B21 - Education
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