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York Avenue Preschool

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

EIN: 134095271 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is York Avenue Preschool?

York Avenue Preschool is a nonprofit institution situated at 1520 YORK AVE, New York, NY 10028. Its primary mission is to provide educational and care services for children, catering to preschoolers aged between 3 and 4 years, as well as 5-year-olds in kindergarten, and offering daycare facilities. Through its registration, the school successfully achieved its objectives. With a dedicated workforce of 22 employees, York Avenue Preschool offers a nurturing environment to support the development and growth of young learners.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

York Avenue Preschool has received a Two-Star out of Four Star rating from Charity Navigator, indicating significant areas for improvement in accountability and financial practices. The organization scored 65% overall, with strengths in having a fully independent board and a high program expense ratio, suggesting that funds are primarily directed towards its mission-related activities.

However, several critical weaknesses are evident. The nonprofit lacks essential financial documentation, such as financial statements and policies regarding conflict of interest and whistleblower protections. Additionally, the absence of board meeting minutes and a website listed on its tax form further highlight deficiencies in transparency and governance.

While the preschool demonstrates commitment through independent governance, the lack of necessary operational policies and documentation could undermine its credibility and effectiveness. Addressing these issues could enhance the organization's accountability and trust with donors and the community.


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

Is York Avenue Preschool legitimate?

York Avenue Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. York Avenue Preschool 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: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,945

For more financial information, click here

What is the mission statement of York Avenue Preschool?

York Avenue Preschool's mission is centered around providing educational services for young children. Specifically, it operates a nursery school for children aged between 3 and 4 years, a kindergarten for 5-year-olds, and a daycare facility. Their mission is primarily fulfilled through successful registration processes. The preschool's goal is to provide a nurturing environment for children to grow and learn, preparing them for their future educational journeys.

Who is the CEO of York Avenue Preschool?

Michael Branciforte is the President of York Avenue Preschool.

What is the revenue of York Avenue Preschool?

York Avenue Preschool's revenue in 2022 was $2,253,395.

Who are the executives of York Avenue Preschool and what are their salaries?

The average compensation at York Avenue Preschool during 2022 was $30,316. There are 22 employees and 6 volunteers at York Avenue Preschool.


Here are 6 key members and their salaries:


Julian Branciforte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonni Branciforte (Treasurertrustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carissa Canovas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Branciforte (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Branciforte (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Baldaro (Director Of Admissions)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for York Avenue Preschool?

York Avenue Preschool's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of York Avenue Preschool

York Avenue Preschool is dedicated to serving preschool and kindergarten-aged children, as well as offering day care services. Its primary mission is to provide a nurturing environment where young learners can grow and develop, preparing them for the next stage of their education. The school's accomplishments are largely achieved through its successful registration, indicating its commitment to providing quality education and care.

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Impact




October, 2024

York Avenue Preschool plays a vital role in the early education and development of young children in New York City. By offering a nurturing and stimulating environment for preschool children aged 3 to 4 years, and providing a kindergarten program for 5-year-olds, the school lays a strong foundation for lifelong learning. The dedicated staff focuses on holistic child development, fostering social, emotional, and cognitive skills that are crucial during these formative years.

The preschool also offers a daycare service, which supports working families by providing a safe and engaging space for their children. This not only alleviates some of the challenges that parents face but also ensures that children can benefit from structured routines and educational activities even outside regular school hours. Through its commitment to quality education and care, York Avenue Preschool significantly impacts its community by preparing children for future academic success while promoting a love for learning.




This information is meant to be a general summary of York Avenue Preschool. 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
$2,253,395 (2022)
Expenses
$2,057,427 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,046,715
  • Gross Receipts: $2,253,395

Assets and Liabilities:

  • Total Assets: $1,895,137
  • Total Liabilities: $1,046,593
  • Net Assets: $848,544

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Programs

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

TEACHING

Revenue

$2,046,715

Organization Details

Founding Year

2001

Principal Officer

Michael Branciforte

Main Address

1520 YORK AVE, New York, NY, 10028

NTEE Category

Code: B21 - Education

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