Overview
What is Rainbow Garden Preschool & Extended Care?
Rainbow Garden Preschool & Extended Care is a nonprofit organization situated in Hampstead, North Carolina. With a focus on early childhood education, they cater to children aged between 2 and 6. Their primary mission is to offer high-quality, affordable early education services, aiming to support working families in the Cape Fear region. The preschool, equipped with 21 dedicated employees, strives to provide a nurturing environment that fosters the overall development of young learners.
Official website here: www.capefearchild.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51% (One-Star out of Four Stars)
Rainbow Garden Preschool & Extended Care has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization boasts a fully independent board and has established policies related to conflict of interest and whistleblower protections, the overall financial picture is troubling, as evidenced by the absence of financial statements and a program expense ratio of 0%.
The strengths of Rainbow Garden include a commitment to governance practices, with all board members being independent and adherence to essential operational policies. However, the lack of available financial data raises red flags about the organization's fiscal management and its capacity to effectively utilize funds for programming that supports its mission.
Overall, while Rainbow Garden Preschool & Extended Care demonstrates good governance structures, its financial transparency issues suggest a need for improvement in reporting and fiscal responsibility to enhance donor confidence and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow Garden Preschool & Extended Care legitimate?
Rainbow Garden Preschool & Extended Care is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Garden Preschool & Extended Care 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: $120,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,157
For more financial information, click here
Official website here: www.capefearchild.org
What is the mission statement of Rainbow Garden Preschool & Extended Care?
Rainbow Garden Preschool & Extended Care is committed to delivering high-quality, affordable early childhood education for children aged between 2 and 6. Their mission is to support working families in the Cape Fear area by providing an educational environment that fosters growth and development. Their goal is to ensure that every child receives a strong foundation, setting them up for success in their future academic and personal endeavors. The preschool strives to create a nurturing environment where children can learn, play, and grow in a safe and stimulating space.
Official website here: www.capefearchild.org
Who is the CEO of Rainbow Garden Preschool & Extended Care?
Stephanie Nestor is the Director Behind Scenes of Rainbow Garden Preschool & Extended Care.
Official website here: www.capefearchild.org
What is the revenue of Rainbow Garden Preschool & Extended Care?
Rainbow Garden Preschool & Extended Care's revenue in 2023 was $806,682.
Official website here: www.capefearchild.org
Who are the executives of Rainbow Garden Preschool & Extended Care and what are their salaries?
The average compensation at Rainbow Garden Preschool & Extended Care during 2023 was $18,178. There are 21 employees at Rainbow Garden Preschool & Extended Care.
Here are 2 key members and their salaries:
- Compensation: $54,817
- Related: $0
- Other: $0
- Compensation: $38,336
- Related: $0
- Other: $0
Official website here: www.capefearchild.org
Where can I find the form 990 for Rainbow Garden Preschool & Extended Care?
Rainbow Garden Preschool & Extended Care's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.capefearchild.org
Learn more at the official website: www.capefearchild.org
Mission Statement of Rainbow Garden Preschool & Extended Care
Rainbow Garden Preschool & Extended Care is committed to delivering high-quality and affordable early childhood education for children between the ages of 2 and 6. This nonprofit organization's mission is to support working families in the Cape Fear area by providing a nurturing environment where young children can grow and learn. By offering early childhood education, Rainbow Garden Preschool & Extended Care aims to lay a strong foundation for a child's future academic and personal success. The organization's dedication to affordability ensures that families with limited resources can still provide their children with a valuable educational experience.
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Impact
October, 2024
Rainbow Garden Preschool & Extended Care significantly impacts the community by offering high-quality, affordable early childhood education for children ages 2-6. Located in Hampstead, NC, it serves as a vital resource for working families in the Cape Fear area, ensuring that young children have access to essential developmental opportunities while their parents pursue their careers. This program not only prepares children for future academic success but also supports the overall well-being of families by providing a nurturing environment where children can learn, play, and grow. By focusing on early childhood education, Rainbow Garden fosters a foundation of learning and recreation that benefits both children and their families, enhancing the community as a whole.
This information is meant to be a general summary of Rainbow Garden Preschool & Extended Care. 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.
- Program Service Revenue: $740,905
- Gross Receipts: $806,682
Assets and Liabilities:
- Total Assets: $35,098
- Total Liabilities: $20,000
- Net Assets: $15,098
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
624410
Revenue
$740,905
Organization Details
Founding Year
2006
Principal Officer
Stephanie Nestor
Main Address
1497 COUNTRY CLUB DR, HAMPSTEAD, NC, 284432330
Website
www.capefearchild.orgNTEE Category
Code: N67 - Recreation
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