Overview
What is Whitney Point Preschool Inc?
Whitney Point Preschool Inc, located in Whitney Point, New York, functions as a nonprofit organization primarily dedicated to providing daycare services. This institution serves approximately 95 children, offering professional instruction and daily care for an extended period of 11 hours, five days a week. The organization's sole purpose is to nurture and educate these young minds, with all generated revenue being channeled towards these endeavors. With a workforce of 58 employees, Whitney Point Preschool Inc is committed to ensuring a conducive learning environment for the children in its care.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Whitney Point Preschool Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 79% overall, with this score entirely derived from its accountability and finance metrics, reflecting a commitment to transparency and sound financial practices.
The nonprofit shows a strong governance structure, with 57% of its board members being independent. Additionally, it has implemented key policies such as conflict of interest, whistleblower protection, and document retention, which contribute positively to its operational integrity. The organization maintains a low liabilities to assets ratio of 9.19%, indicating good financial health.
Despite its strengths, the rating suggests there may be areas for improvement to enhance its overall evaluation further. While the program expense ratio is commendable at 76.70%, indicating a majority of expenses directed towards programs, continued focus on increasing this ratio while maintaining transparency could bolster its standing in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Whitney Point Preschool Inc legitimate?
Whitney Point Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whitney Point Preschool 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: $126,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $578,150
For more financial information, click here
What is the mission statement of Whitney Point Preschool Inc?
Whitney Point Preschool Inc. is an organization primarily dedicated to providing daycare services for children. Its primary objective is to utilize all its earnings towards the teaching of preschool and ensuring the daily care of the children under its supervision. The organization serves around 95 children, offering professional instruction and care for 11 hours each day, five days a week. While the mission statement is straightforward, its main focus is on the educational and nurturing needs of preschool-aged children.
Who is the CEO of Whitney Point Preschool Inc?
Cynthia Ford is the Secretary of Whitney Point Preschool Inc.
What is the revenue of Whitney Point Preschool Inc?
Whitney Point Preschool Inc's revenue in 2022 was $990,490.
Who are the executives of Whitney Point Preschool Inc and what are their salaries?
The average compensation at Whitney Point Preschool Inc during 2022 was $12,144. There are 58 employees at Whitney Point Preschool Inc.
Here are 8 key members and their salaries:
- Compensation: $19,600
- Related: $0
- Other: $0
- Compensation: $11,136
- Related: $0
- Other: $0
- Compensation: $13,600
- Related: $0
- Other: $0
- Compensation: $37,770
- Related: $0
- Other: $0
- Compensation: $36,725
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $7,387
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Whitney Point Preschool Inc?
Whitney Point Preschool Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Whitney Point Preschool Inc
Whitney Point Preschool Inc, as an organization, is primarily dedicated to providing day care services for children. Its mission is centered around the use of all its income to facilitate the teaching of preschool and ensure the daily care of the children under its charge. This nonprofit institution offers a nurturing environment where children can learn and grow, with a focus on professional and instructional care that extends for 11 hours each day, five days a week. By prioritizing the education and well-being of its young students, Whitney Point Preschool Inc plays a vital role in shaping the future of its young learners.
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Impact
October, 2024
Whitney Point Preschool Inc significantly impacts the community by providing essential day care services to children aged 0-5 years. With the capacity to serve 95 children, the organization ensures that families in Whitney Point have access to high-quality care and education for their little ones.
Operating 11 hours a day, five days a week, Whitney Point Preschool offers a structured environment where children can learn and grow under the guidance of trained professionals. The focus on instructional care not only supports early childhood development but also allows parents to pursue their work and personal commitments with peace of mind.
By dedicating all revenue to the teaching and daily care of children, Whitney Point Preschool Inc reinforces its commitment to nurturing the next generation while fostering a sense of community among families. The organization plays a vital role in early education, helping to lay a strong foundation that supports lifelong learning.
This information is meant to be a general summary of Whitney Point Preschool 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 2022.
- Investment Income: $6
- Program Service Revenue: $777,807
- Gross Receipts: $990,490
Assets and Liabilities:
- Total Assets: $1,274,654
- Total Liabilities: $110,126
- Net Assets: $1,164,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition of Preschool Programs
Revenue
$310,516
Tuition for Daycare
Revenue
$467,291
Organization Details
Founding Year
1976
Phone
(607) 692-3313Principal Officer
Cynthia Ford
Main Address
PO Box 285, Whitney Point, NY, 13862
NTEE Category
Code: B21Z - Education
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