Overview
What is The Lower Lab School Parent Teachers Association Inc?
The Lower Lab School Parent Teachers Association Inc, located in New York City, New York, is a dedicated nonprofit organization. Their primary mission is to enhance the educational environment at the Lower Lab School by funding enrichment programs and teaching assistant positions. Through these initiatives, they aim to contribute positively to the learning experience of the school's students. The organization operates with a clear purpose and commitment, as evidenced by their focus on improving the overall educational environment at the school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% - Two-Star out of Four Star Rating
The Lower Lab School Parent Teachers Association Inc has received a Two-Star rating from Charity Navigator, with an overall score of 67%. This score is derived solely from its Accountability & Finance metrics, indicating a focus on financial stewardship and operational transparency. The organization has demonstrated strong accountability practices, highlighted by its 100% independent board members and a high program expense ratio, ensuring that a significant portion of its funding directly supports its mission.
Strengths include a perfect score for the absence of material diversion of assets and the proper documentation of board meeting minutes, showcasing a commitment to ethical financial management and governance. Furthermore, the organization has a favorable liabilities to assets ratio of 0.00%, indicating a sound financial position without significant debt.
However, the overall score suggests areas for improvement in financial performance or operational effectiveness, as indicated by the two-star rating. While the accountability measures are strong, the organization may need to enhance other aspects of its operations to improve its standing and better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Lower Lab School Parent Teachers Association Inc legitimate?
The Lower Lab School Parent Teachers Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lower Lab School Parent Teachers Association 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.
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What is the mission statement of The Lower Lab School Parent Teachers Association Inc?
The Lower Lab School Parent Teachers Association Inc has a mission to enhance the educational environment at a specific school, which is not specified in the provided information. They achieve this goal by funding enrichment programs and teaching assistant initiatives at the New York City Lower Lab School. The association strives to contribute positively to the learning experience of the students, aiming to provide them with a more enriching and supportive educational environment.
Who is the CEO of The Lower Lab School Parent Teachers Association Inc?
Mihir Desai is the President of The Lower Lab School Parent Teachers Association Inc.
What is the revenue of The Lower Lab School Parent Teachers Association Inc?
The Lower Lab School Parent Teachers Association Inc's revenue in 2023 was $1,175,594.
Who are the executives of The Lower Lab School Parent Teachers Association Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for The Lower Lab School Parent Teachers Association Inc?
The Lower Lab School Parent Teachers Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Lower Lab School Parent Teachers Association Inc
The Lower Lab School Parent Teachers Association Inc is committed to enhancing the educational environment at the New York City Lower Lab School. Their primary mission is to fund enrichment programs and teaching assistant positions within the school, aiming to provide a more enriching and supportive learning environment for the students. By investing in these initiatives, the organization seeks to contribute positively to the overall educational experience of the students at the Lower Lab School.
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Impact
August, 2024
The Lower Lab School Parent Teachers Association Inc makes a direct impact in enhancing the educational environment at the New York City Lower Lab School by funding enrichments and teaching assistant programs. Their efforts contribute to providing students with enhanced learning opportunities and support, ultimately leading to a more enriched educational experience for the school community.
This information is meant to be a general summary of The Lower Lab School Parent Teachers Association 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 2023.
- Investment Income: $2,828
- Program Service Revenue: $713,012
- Gross Receipts: $1,175,594
Assets and Liabilities:
- Total Assets: $917,998
- Total Liabilities: $0
- Net Assets: $917,998
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFTER SCHOOL PROGRAMS
Revenue
$713,012
Organization Details
Founding Year
1997
Principal Officer
Mihir Desai
Main Address
1700 THIRD AVE, NEW YORK, NY, 10128
NTEE Category
Code: B94 - Education
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