Overview
What is Downtown Little School Inc?
Downtown Little School Inc, located in the heart of New York City, New York, is a nonprofit organization committed to providing affordable preschool education for children residing in and around Lower Manhattan. With a dedicated workforce of 13 individuals, the institution's primary mission revolves around making quality early childhood education accessible to a broader community. The organization operates within a 10038 ZIP code, and while specific details about its other initiatives or programs are not provided, the information suggests that this is its primary focus.
What are the reviews and ratings of this charity?
Charity Navigator Rating 67% - Two-Star out of Four Star rating
Downtown Little School Inc has received a 67% rating from Charity Navigator, which indicates some strengths in its accountability and financial practices, but also highlights significant areas for improvement. The organization boasts a strong governance structure with a fully independent board and no material diversion of assets, suggesting a commitment to ethical management.
However, the organization falls short in several critical areas, particularly concerning transparency. Notably, it has not provided financial statements or key policy documents, such as a conflict of interest policy and a whistleblower policy. These omissions may raise concerns about the nonprofit's commitment to best practices in transparency and accountability.
While the program expense ratio is commendable at nearly 80%, which indicates a focus on program delivery, the lack of documentation available to the public may limit the trust potential donors have in the organization. Addressing these transparency issues could significantly enhance its overall rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Little School Inc legitimate?
Downtown Little School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Little 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: $182,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $420,099
For more financial information, click here
What is the mission statement of Downtown Little School Inc?
The mission of Downtown Little School Inc. is centered around providing affordable preschool education for children residing in and around Lower Manhattan. This mission is carried out with the aim of making early education accessible to a wider population, thereby contributing to their overall development and growth. The organization does not specifically mention any additional goals or initiatives, but the focus on affordability implies a commitment to making education a fundamental right for all children, regardless of their financial circumstances.
Who is the CEO of Downtown Little School Inc?
Meredith Gary is the President/Co of Downtown Little School Inc.
What is the revenue of Downtown Little School Inc?
Downtown Little School Inc's revenue in 2023 was $983,663.
Who are the executives of Downtown Little School Inc and what are their salaries?
The average compensation at Downtown Little School Inc during 2023 was $46,331. There are 13 employees at Downtown Little School Inc.
Here are 9 key members and their salaries:
- Compensation: $93,324
- Related: $0
- Other: $0
- Compensation: $88,875
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Downtown Little School Inc?
Downtown Little School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Downtown Little School Inc
Downtown Little School Inc, a nonprofit organization, is committed to providing affordable preschool education for children residing in and around Lower Manhattan. Their mission is centered around making early education accessible for families in this specific area, ensuring that every child has an opportunity to start their educational journey on a solid foundation. By offering affordable preschool education, Downtown Little School Inc aims to equip young minds with essential skills and knowledge, setting them up for success in their future academic pursuits.
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Impact
October, 2024
Downtown Little School Inc plays a crucial role in providing affordable preschool education for children in and around Lower Manhattan. By focusing on accessibility, the organization ensures that families from diverse backgrounds can access quality early childhood education, which is vital for cognitive and social development.
The school's commitment to affordable tuition addresses a significant barrier faced by many families in urban areas, particularly in a city like New York, where the cost of living can be prohibitive. By creating an inclusive environment, Downtown Little School fosters early learning that emphasizes not only academic skills but also social interaction, emotional growth, and creativity.
This impact extends beyond individual children to the entire community, as a well-educated early population can lead to stronger future educational outcomes and a more engaged citizenry. Overall, Downtown Little School Inc significantly contributes to the foundational development of young learners, shaping their future and enriching the community of Lower Manhattan.
This information is meant to be a general summary of Downtown Little 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 2023.
- Investment Income: $5,194
- Program Service Revenue: $804,028
- Gross Receipts: $983,663
Assets and Liabilities:
- Total Assets: $846,771
- Total Liabilities: $284,390
- Net Assets: $562,381
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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
$804,028
Organization Details
Founding Year
1999
Phone
(212) 791-1300Principal Officer
Meredith Gary
Main Address
15 DUTCH STREET, NEW YORK, NY, 10038
NTEE Category
Code: B21 - Education
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