Overview
What is Mcdonough First United Methodist Preschool?
Mcdonough First United Methodist Preschool is a nonprofit institution located at 151 Macon Street, Mcdonough, GA 30252. This organization, also known as McDonough Methodist Academy, is an integral ministry of the McDonough First United Methodist Church. With a total of 43 employees, their primary mission is to offer high-quality and affordable Christian education for preschoolers up to grade 5. They strive to create a safe and nurturing environment for their students, aiming to provide a holistic educational experience. This nonprofit's activity or mission description emphasizes their commitment to fostering spiritual, intellectual, and social growth in their students.
Official website here: www.mcdacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 69% (Two-Star out of Four Star rating)
Mcdonough First United Methodist Preschool received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and finance management. The organization scores well in areas such as having a majority independent board and a favorable liabilities to assets ratio, indicating some positive governance practices. Additionally, a high program expense ratio suggests that a significant portion of their resources is dedicated to their educational programs.
However, the preschool has notable weaknesses that impact its overall score. Specifically, the organization struggled with financial statement transparency, receiving no points in that category, which raises concerns about its financial reporting. Furthermore, the absence of a conflict of interest policy, whistleblower policy, and proper document retention practices points to gaps in governance that could affect stakeholder trust.
Overall, while Mcdonough First United Methodist Preschool demonstrates some strengths in board independence and program spending, its financial transparency and governance policies warrant improvement for a more favorable evaluation by donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mcdonough First United Methodist Preschool legitimate?
Mcdonough First United Methodist Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcdonough First United Methodist 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: $41,486
Professional Fundraising Fees: $0
Other Salaries and Wages: $577,574
For more financial information, click here
Official website here: www.mcdacademy.org
What is the mission statement of Mcdonough First United Methodist Preschool?
The Mcdonough First United Methodist Preschool's mission is to offer a top-notch and budget-friendly Christian education in a secure and nurturing environment. This preschool serves as an integral ministry of the Mcdonough First United Methodist Church. Their primary goal is to provide education for preschoolers up to grade 5, ensuring a strong foundation for the children's future learning.
Official website here: www.mcdacademy.org
Who is the CEO of Mcdonough First United Methodist Preschool?
Carol Power is the Treasurer of Mcdonough First United Methodist Preschool.
Official website here: www.mcdacademy.org
What is the revenue of Mcdonough First United Methodist Preschool?
Mcdonough First United Methodist Preschool's revenue in 2022 was $949,630.
Official website here: www.mcdacademy.org
Who are the executives of Mcdonough First United Methodist Preschool and what are their salaries?
The average compensation at Mcdonough First United Methodist Preschool during 2022 was $14,397. There are 43 employees and 8 volunteers at Mcdonough First United Methodist Preschool.
Here are 9 key members and their salaries:
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Official website here: www.mcdacademy.org
Where can I find the form 990 for Mcdonough First United Methodist Preschool?
Mcdonough First United Methodist Preschool's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcdacademy.org
Learn more at the official website: www.mcdacademy.org
Mission Statement of Mcdonough First United Methodist Preschool
Mcdonough First United Methodist Preschool is committed to providing a top-notch and budget-friendly Christian education in a secure and nurturing environment. Acting as an integral ministry of the Mcdonough First United Methodist Church, this nonprofit organization offers educational services to preschoolers through fifth graders. The mission of Mcdonough First United Methodist Preschool is to foster an educational setting that integrates spiritual values with academic growth, ensuring a safe and loving environment for its students.
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Impact
October, 2024
Mcdonough First United Methodist Preschool significantly enhances the community by providing high-quality and affordable Christian education within a safe and nurturing environment. By catering to children from preschool through grade 5, it plays a critical role in the early development of students, laying a strong foundation for academic and moral growth.
The integration of faith and learning fosters not only intellectual curiosity but also instills values of compassion, respect, and community service. Families in McDonough benefit from this holistic approach, knowing their children are receiving an education that prioritizes both their spiritual and educational needs. The preschool directly contributes to the community's fabric, as it prepares the next generation to become caring and responsible citizens. In this way, it enriches the lives of children and families, while strengthening the bonds within the local community.
This information is meant to be a general summary of Mcdonough First United Methodist 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $947,928
- Gross Receipts: $969,350
Assets and Liabilities:
- Total Assets: $936,640
- Total Liabilities: $0
- Net Assets: $936,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$883,794
CLASS ACTIVITIES
Revenue
$32,651
LUNCH PROGRAM
Revenue
$25,622
FIELD TRIP
Revenue
$5,861
Organization Details
Founding Year
1960
Phone
(770) 957-4131Principal Officer
Carol Power
Main Address
151 MACON STREET, MCDONOUGH, GA, 30252
Website
www.mcdacademy.orgNTEE Category
Code: B24 - Education
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