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Silver Spring Day School Inc

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

EIN: 201337670 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

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Overview

What is Silver Spring Day School Inc?

Silver Spring Day School Inc, located at 33 UNIVERSITY BOULEVARD EAST, SILVER SPRING, MD 20901, is a nonprofit organization committed to the education and overall development of preschool-aged children. With a mission to foster a curriculum based on exploration and play, the school encourages a collaborative learning environment for children, families, and early childhood educators. During the 2021-2022 school year, 128 students benefited from their programs. The organization, with a team of 36 employees, is dedicated to nurturing the whole child and promoting lifelong learning.


Official website here: www.silverspringdayschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

Silver Spring Day School Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a fully independent board and shows no material diversion of assets, it suffers from key deficiencies in its governance policies, particularly the absence of a whistleblower policy and a document retention and destruction policy.

The organization demonstrates a strong program expense ratio, suggesting that a large portion of its budget is allocated directly to its programs. However, the liabilities to assets ratio is concerning at 72.54%, which raises questions about the financial stability of the organization. The lack of transparency, highlighted by missing tax forms on the website, further detracts from its overall rating.

In summary, while Silver Spring Day School Inc shows strengths in board independence and program funding, its overall governance and financial policies need significant improvement to foster greater accountability and public trust.


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

What do the Facebook reviews say about Silver Spring Day School Inc?

Only a couple of reviews have been noted for Silver Spring Day School Inc, but they convey a strong sense of enthusiasm. One reviewer expressed immense satisfaction, highlighting the amazing teachers and vibrant community, stating, "We love love love this school."

Overall, the sentiment is exceptionally positive, indicating that families feel a strong connection to the school and appreciate the nurturing environment it provides. This sense of community and quality of instruction resonates deeply with those who are part of it.


This AI summary has been generated from reviews found on Facebook.

Is Silver Spring Day School Inc legitimate?

Silver Spring Day School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Spring Day 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: $90,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $764,750

For more financial information, click here


Official website here: www.silverspringdayschool.org

What is the mission statement of Silver Spring Day School Inc?

Silver Spring Day School Inc is a community that fosters the growth and development of preschoolers through a curriculum centered around exploration and play. The school, comprising children, families, and early childhood educators, encourages lifelong learning in a shared environment. The mission of Silver Spring Day School Inc is to nurture the whole child, promoting their overall development and ensuring they receive the highest quality education. The school has been successful in educating preschool-aged children, contributing to their holistic development by providing an engaging and enriching learning environment. The school enrolled 128 students for the year ending July 31, 2022.


Official website here: www.silverspringdayschool.org

Who is the CEO of Silver Spring Day School Inc?

Ylla Bishop is the Board Member of Silver Spring Day School Inc.


Official website here: www.silverspringdayschool.org

What is the revenue of Silver Spring Day School Inc?

Silver Spring Day School Inc's revenue in 2022 was $1,397,079.


Official website here: www.silverspringdayschool.org

Who are the executives of Silver Spring Day School Inc and what are their salaries?

The average compensation at Silver Spring Day School Inc during 2022 was $23,747. There are 36 employees and 100 volunteers at Silver Spring Day School Inc.


Here are 12 key members and their salaries:


Seong Chi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Craft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raquel Farah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kinisha Gala (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Juliano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Sharp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Vasse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Defreitas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisabeth O'Bryon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Sanders (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Luster (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ylla Bishop (Executive Director)
  • Compensation: $82,512
  • Related: $0
  • Other: $623


Official website here: www.silverspringdayschool.org

Where can I find the form 990 for Silver Spring Day School Inc?

Silver Spring Day School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.silverspringdayschool.org

Learn more at the official website: www.silverspringdayschool.org

Mission Statement of Silver Spring Day School Inc

Silver Spring Day School Inc is a community that brings together preschoolers, families, and early childhood educators, all committed to fostering the holistic development of children through a curriculum centered around exploration and play. Their mission is to create an environment where each child, family, and educator embarks on a journey of lifelong learning together. This community-driven approach at Silver Spring Day School Inc emphasizes the shared responsibility in nurturing the whole child, ensuring their intellectual, emotional, and social growth. The school's curriculum, based on exploration and play, allows children to learn in a fun and engaging manner, setting the foundation for a love of learning that lasts a lifetime.

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Impact




August, 2024

Silver Spring Day School Inc has a significant impact on the development and education of preschool-aged children in Silver Spring, Maryland. By providing a curriculum based on exploration and play, the school fosters an environment where children, families, and educators share in the journey of lifelong learning. With a focus on whole-child development, the school has successfully educated and contributed to the overall growth of its students. Through its commitment to high-quality education, Silver Spring Day School Inc positively influences the lives of the 128 students enrolled for the school year ending July 31, 2022.




This information is meant to be a general summary of Silver Spring Day 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.

Revenue
$1,397,079 (2022)
Expenses
$1,326,138 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,568
  • Program Service Revenue: $1,266,130
  • Gross Receipts: $1,407,141

Assets and Liabilities:

  • Total Assets: $1,238,264
  • Total Liabilities: $640,274
  • Net Assets: $597,990

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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

$1,266,130

Organization Details

Founding Year

2005

Principal Officer

Ylla Bishop

Main Address

33 UNIVERSITY BOULEVARD EAST, SILVER SPRING, MD, 20901

NTEE Category

Code: B21 - Education

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