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Parent Teacher Association Of Ps 261

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113134458 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Parent Teacher Association Of Ps 261?

The Parent Teacher Association of P.S. 261 is a nonprofit organization situated in Brooklyn, New York, specifically at 314 Pacific Street, 11201. Their primary focus is on providing an after-school program for children, enabling their parents to work without worry. This program offers a wide range of enrichment and extracurricular activities, tailored to children's interests, aiming to ensure a high-quality, diverse, and affordable experience for all participating kids. The association boasts a team of 51 dedicated individuals.


Official website here: www.ps261.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The Parent Teacher Association of PS 261 has received a moderate rating of 73% from Charity Navigator, reflecting a mix of strengths and areas for improvement. Notably, the organization has a fully independent board, which is a positive indicator of governance. Additionally, it shows strong financial health with a very low liabilities to assets ratio and a high program expense ratio, suggesting that a significant portion of its funds is directed towards its mission-focused activities.

However, the organization has been noted for several shortcomings in its accountability and transparency practices. The absence of key policies, such as a whistleblower policy and document retention guidelines, along with missing financial statements on its website, indicates a need for enhanced governance protocols. These gaps may raise concerns regarding transparency and public trust, which are essential for nonprofit organizations.

Overall, while the Parent Teacher Association of PS 261 demonstrates effective financial management and governance through its independent board, it must address its transparency issues to improve its overall rating and community confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Parent Teacher Association Of Ps 261 legitimate?

Parent Teacher Association Of Ps 261 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parent Teacher Association Of Ps 261 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $493,519

For more financial information, click here


Official website here: www.ps261.org

What is the mission statement of Parent Teacher Association Of Ps 261?

The Parent Teacher Association of Ps 261 aims to offer a top-notch, affordable, and diverse after-school program for all participating children. This program features a variety of age-appropriate activities that cater to the interests of the children, providing them with enrichment and extracurricular opportunities while their parents are at work. The association's mission is centered around providing a high-quality, inclusive environment that encourages personal growth and fun for every child enrolled in the program.


Official website here: www.ps261.org

Who is the CEO of Parent Teacher Association Of Ps 261?

Supriya Doshi is the President of Parent Teacher Association Of Ps 261.


Official website here: www.ps261.org

What is the revenue of Parent Teacher Association Of Ps 261?

Parent Teacher Association Of Ps 261's revenue in 2022 was $925,956.


Official website here: www.ps261.org

Who are the executives of Parent Teacher Association Of Ps 261 and what are their salaries?

The average compensation at Parent Teacher Association Of Ps 261 during 2022 was $9,677. There are 51 employees and 50 volunteers at Parent Teacher Association Of Ps 261.


Here are 5 key members and their salaries:


Elizabeth Jacobs (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Bergamini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Nayar (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Supriya Doshi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Grassoti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ps261.org

Where can I find the form 990 for Parent Teacher Association Of Ps 261?

Parent Teacher Association Of Ps 261's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ps261.org

Learn more at the official website: www.ps261.org

Mission Statement of Parent Teacher Association Of Ps 261

The Parent Teacher Association of P.S. 261, hereafter referred to as PTA, is dedicated to providing a top-notch, affordable, and diverse after-school program for all participating children. This organization offers a wide range of age-appropriate activities that cater to the interests of the children, ensuring an enriching and enjoyable experience for each participant. The primary aim of PTA is to offer a high-quality after-school program that complements the school day, allowing parents to work without worrying about their children's supervision. The after-school program run by PTA provides enrichment and extracurricular activities, ensuring that every child has an opportunity to explore their interests and talents outside of the classroom.

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Impact




July, 2024

The Parent Teacher Association of PS 261 in Brooklyn, NY, is making a significant impact by providing a high-quality, affordable, and diverse after-school program for all participating children. This program offers enrichment and extracurricular activities that cater to the children's interests while parents are at work. By offering a variety of age-appropriate program options, the PTA is ensuring that children have access to opportunities that contribute to their overall development and well-being. Through their mission to provide a safe and engaging after-school environment, the PTA of PS 261 is playing a crucial role in supporting the educational and personal growth of the students in their community.




This information is meant to be a general summary of Parent Teacher Association Of Ps 261. 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.

Revenue
$925,956 (2022)
Expenses
$839,390 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Program Service Revenue: $711,703
  • Gross Receipts: $942,729

Assets and Liabilities:

  • Total Assets: $252,486
  • Total Liabilities: $4,800
  • Net Assets: $247,686

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AFTER SCHOOL SERVICE

Revenue

$709,924

COMMUNITY BUILDING

Revenue

$1,779

Organization Details

Founding Year

1996

Principal Officer

Supriya Doshi

Main Address

314 PACIFIC STREET, BROOKLYN, NY, 11201

NTEE Category

Code: B94Z - Education

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