Overview
What is First United Methodist Preschool?
First United Methodist Preschool is a nonprofit organization located at 1020 Beretania Street, Honolulu, HI 96814. With a dedicated team of eight individuals, their primary mission is to provide early education opportunities for preschool-aged children in Hawaii. Their activities and mission are centered around this purpose, offering a nurturing environment for young learners to grow and develop. The organization's focus is to contribute positively to the community by empowering these children with essential educational foundations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (73%)
First United Methodist Preschool has received a two-star rating from Charity Navigator, indicating that the organization has areas needing improvement despite strong accountability and financial practices. The preschool scored a perfect 100% in this area, with commendable aspects such as having an entirely independent board and no material diversion of assets. However, several important governance policies are missing, which has negatively impacted the overall score.
The preschool's financial health appears solid, with a low liabilities to assets ratio of 9.90% and a full program expense ratio of 100%. These figures suggest that the organization's resources are being utilized effectively towards its educational programs. Nevertheless, the lack of key documents and policies, such as conflict of interest and whistleblower policies, raises concerns about governance practices and transparency.
Overall, while First United Methodist Preschool demonstrates a strong commitment to its programs and maintains good financial health, it needs to address governance issues to improve its rating and ensure comprehensive accountability. Implementing the missing policies could enhance trust and confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is First United Methodist Preschool legitimate?
First United Methodist Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,119
For more financial information, click here
What is the mission statement of First United Methodist Preschool?
The mission of First United Methodist Preschool is centered around providing quality education for preschool-aged children in Hawaii. This mission is carried out through various activities and initiatives, all with the primary goal of fostering the growth and development of young minds. The preschool aims to create a nurturing environment where children can learn, explore, and prepare for their future educational journeys. The focus is on providing a well-rounded education that caters to the unique needs and abilities of each child, thereby setting a strong foundation for their future academic success.
Who is the CEO of First United Methodist Preschool?
Helena Ogle is the Chair of First United Methodist Preschool.
What is the revenue of First United Methodist Preschool?
First United Methodist Preschool's revenue in 2022 was $493,812.
Who are the executives of First United Methodist Preschool and what are their salaries?
The average compensation at First United Methodist Preschool during 2022 was $28,265. There are 8 employees at First United Methodist Preschool.
Here are 5 key members and their salaries:
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Where can I find the form 990 for First United Methodist Preschool?
First United Methodist Preschool's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First United Methodist Preschool
First United Methodist Preschool is dedicated to delivering education to preschool-aged children in Hawaii. The organization's primary objective is to provide a nurturing environment that fosters the cognitive, social, and emotional development of these young learners. By offering a comprehensive educational curriculum, First United Methodist Preschool aims to prepare children for their future academic endeavors and ensure they have a solid foundation for their future success. The preschool's mission is centered around the belief that every child deserves the opportunity to learn and grow in a supportive and enriching atmosphere.
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Impact
July, 2024
First United Methodist Preschool in Honolulu, Hawaii has a significant impact on the education of preschool-aged children in the community. Through its dedicated mission to provide quality education, the preschool plays a vital role in shaping the early learning experiences of young children. With a focus on education, the preschool contributes to the overall development and preparedness of children as they transition into formal schooling. By offering a nurturing and engaging environment, First United Methodist Preschool equips its students with essential skills and a strong foundation for future academic success.
This information is meant to be a general summary of 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.
- Investment Income: $1,977
- Program Service Revenue: $369,476
- Gross Receipts: $493,812
Assets and Liabilities:
- Total Assets: $591,599
- Total Liabilities: $45,363
- Net Assets: $546,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE
Revenue
$369,476
Organization Details
Founding Year
2009
Phone
(808) 522-9565Principal Officer
Helena Ogle
Main Address
1020 BERETANIA STREET, HONOLULU, HI, 96814
NTEE Category
Code: B21 - Education
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