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Chai Preschool Inc

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

EIN: 204801654 ✦ San mateo, CA ✦ Designated as a 501(c)(3)

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Overview

What is Chai Preschool Inc?

Chai Preschool Inc, located at 137 N San Mateo Drive, San Mateo, California 94401, is a nonprofit organization primarily focused on providing early education to children aged between 2 and 5. With a maximum capacity of 120 students during the recent academic year, the preschool is committed to nurturing young minds in a conducive learning environment. The organization employs a team of 26 individuals to ensure smooth operation and provide the necessary care and guidance to the enrolled children.


Official website here: www.chaischool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Chai Preschool Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is largely based on the organization's accountability and finance practices, indicating that it operates with transparency and responsibility. The rating highlights the importance of maintaining a strong governance structure and effective financial management, both of which Chai Preschool appears to excel in.

The organization boasts a fully independent board with 100% of members meeting the criteria for independence. Additionally, it has a strong record of accountability, with no material diversion of assets reported. The preschool demonstrates effective use of its funds, as indicated by a high program expense ratio of 83.01%, ensuring that the majority of its resources are directed towards its educational programs.

However, while the preschool has strong financial practices, there may be areas for growth and improvement not fully captured by the rating metrics. For example, with the key personnel's salaries showing a notable range, further clarification on total compensation structures could provide more insight into its financial health. Overall, Chai Preschool Inc shows a commitment to maintaining accountability and fiscal responsibility, making it a reliable option for potential donors.


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

Is Chai Preschool Inc legitimate?

Chai Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chai 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: $82,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $743,288

For more financial information, click here


Official website here: www.chaischool.com

What is the mission statement of Chai Preschool Inc?

Chai Preschool Inc's mission is centered around operating a preschool, catering to children between the ages of 2 and 5. The primary objective of the institution is to provide an educational environment for these young learners. During the most recent school year, 120 students were enrolled in the preschool. The mission of Chai Preschool Inc can be interpreted as an commitment to nurturing the early learning and development of children in this age group, ensuring a solid foundation for their future education.


Official website here: www.chaischool.com

Who is the CEO of Chai Preschool Inc?

Esther Marcus is the President of Chai Preschool Inc.


Official website here: www.chaischool.com

What is the revenue of Chai Preschool Inc?

Chai Preschool Inc's revenue in 2023 was $1,621,787.


Official website here: www.chaischool.com

Who are the executives of Chai Preschool Inc and what are their salaries?

The average compensation at Chai Preschool Inc during 2023 was $31,763. There are 26 employees at Chai Preschool Inc.


Here are 4 key members and their salaries:


Esther Marcus (President)
  • Compensation: $82,544
  • Related: $0
  • Other: $0
Miriam Hecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gitty Goldstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chaischool.com

Where can I find the form 990 for Chai Preschool Inc?

Chai Preschool Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chaischool.com

Learn more at the official website: www.chaischool.com

Mission Statement of Chai Preschool Inc

Chai Preschool Inc, as stated in its mission, is dedicated to providing a preschool education for children between the ages of 2 and 5. This nonprofit organization's primary goal is to operate a preschool environment that caters to the developmental needs of these young learners. During the most recent school year, 120 children were enrolled in the preschool, indicating the significance and reach of Chai Preschool Inc's mission. The operation of this preschool serves as a foundation for these children's early educational journey, aiming to foster their cognitive, social, and emotional growth.

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Impact




October, 2024

Chai Preschool Inc. significantly impacts the San Mateo community by providing early childhood education to children aged 2 to 5 years. With an enrollment of 120 students, the preschool fosters a nurturing environment that promotes cognitive, emotional, and social development. Through a structured curriculum, children engage in various learning experiences that lay the foundation for their future academic success.

The preschool encourages creativity, critical thinking, and collaboration among peers, helping students build essential skills that will benefit them throughout their educational journey. By focusing on the holistic development of young children, Chai Preschool Inc. plays a vital role in shaping well-rounded individuals who are prepared for the challenges of the school system and beyond.




This information is meant to be a general summary of Chai 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.

Revenue
$1,621,787 (2023)
Expenses
$1,593,003 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,468,559
  • Gross Receipts: $1,621,787

Assets and Liabilities:

  • Total Assets: $1,848,392
  • Total Liabilities: $14,901
  • Net Assets: $1,833,491

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Programs

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

Tuition

Revenue

$1,468,559

Organization Details

Founding Year

2007

Principal Officer

Esther Marcus

Main Address

137 N San Mateo Drive, San Mateo, CA, 94401

NTEE Category

Code: B210 - Education

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