Overview
What is Playhouse Inc?
Playhouse Inc, located at 88 Franklin Avenue, West Orange, New Jersey 07052, is a nonprofit organization that offers early childhood education for children between the ages of 2 and 6. This preschool, with a team of 26 employees, places a high value on childhood as a time for exploration and self-discovery, encouraging children to experiment freely. Playhouse operates as a cooperative school, welcoming and appreciating the involvement of parents and families, resulting in a diverse range of participation. The school's mission is to provide a nurturing environment that fosters personal growth and learning through active engagement, creating a vibrant mosaic of experiences for its young learners.
Official website here: www.playhouseonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Playhouse Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization has demonstrated strong governance practices with a fully independent board, scoring full points in multiple categories, including conflict of interest and whistleblower policies. Their financial health is also commendable, with a high percentage of program expenses indicating effective allocation of resources towards their mission.
In terms of financial management, Playhouse Inc has a low liabilities-to-assets ratio, showcasing stability and responsible fiscal oversight. The organization maintains transparency, as evidenced by the inclusion of necessary documents and meeting minutes on their website. This level of accountability is crucial for building trust with donors and stakeholders.
However, while the rating is strong, potential investors may want to look for more comprehensive performance indicators beyond financial metrics. Overall, Playhouse Inc appears to be a well-managed organization focused on fulfilling its mission responsibly and transparently.
This AI summary has been generated from information found on Charity Navigator.
Is Playhouse Inc legitimate?
Playhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Playhouse 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: $82,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $801,861
For more financial information, click here
Official website here: www.playhouseonline.org
What is the mission statement of Playhouse Inc?
Playhouse Inc, as a preschool, recognizes the significance of childhood as a period of exploration and self-discovery for young children. Emphasizing freedom and experimentation, the school encourages children to delve into their own abilities. Being a cooperative institution, Playhouse values the participation of parents and families, resulting in a diverse tapestry of contributions. The school's primary focus is on providing early childhood education to children aged between 2 and 6, with all operational expenses attributed to this singular program.
Official website here: www.playhouseonline.org
Who is the CEO of Playhouse Inc?
Jamie Hardy is the President of Playhouse Inc.
Official website here: www.playhouseonline.org
What is the revenue of Playhouse Inc?
Playhouse Inc's revenue in 2022 was $1,398,873.
Official website here: www.playhouseonline.org
Who are the executives of Playhouse Inc and what are their salaries?
The average compensation at Playhouse Inc during 2022 was $34,028. There are 26 employees and 55 volunteers at Playhouse Inc.
Here are 11 key members and their salaries:
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- Compensation: $84,500
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- Other: $5,221
Official website here: www.playhouseonline.org
Where can I find the form 990 for Playhouse Inc?
Playhouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.playhouseonline.org
Learn more at the official website: www.playhouseonline.org
Mission Statement of Playhouse Inc
Playhouse Inc, a cooperative preschool, recognizes the significance of childhood as an exciting and crucial period for self-discovery. Young children at this age are encouraged to explore and experiment freely. Playhouse values this process, viewing it as an opportunity for children to develop their own identities. The school operates on the belief that the active participation of parents and families enriches the learning environment, creating a diverse mosaic of involvement. The mission of Playhouse Inc is to provide early childhood education for children aged between 2 and 6, fostering an atmosphere that encourages exploration, experimentation, and self-discovery. The school's cooperative nature emphasizes the importance of family involvement, recognizing that every participation contributes to a unique learning experience.
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Impact
October, 2024
Playhouse Inc significantly impacts the community by providing a nurturing environment for early childhood education, specifically catering to children aged 2 to 6. Emphasizing the importance of exploration and self-discovery, the preschool creates a foundation for lifelong learning and personal growth. This approach fosters creativity and critical thinking in young learners, allowing them to experiment freely within a supportive setting.
Moreover, Playhouse Inc actively involves parents and families in the educational process, promoting a cooperative model that encourages parental engagement and collaboration. This participation enriches the school experience, creating a diverse and vibrant community that reflects a mosaic of contributions. As a result, the preschool not only shapes the lives of individual children but also strengthens the bonds within families and the broader West Orange community, underscoring the value of collective involvement in early education.
This information is meant to be a general summary of Playhouse 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $103,915
- Program Service Revenue: $1,214,128
- Gross Receipts: $1,897,045
Assets and Liabilities:
- Total Assets: $2,287,055
- Total Liabilities: $177,365
- Net Assets: $2,109,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,214,128
Organization Details
Founding Year
1951
Phone
(973) 736-9451Principal Officer
Jamie Hardy
Main Address
88 FRANKLIN AVENUE, WEST ORANGE, NJ, 07052
Website
www.playhouseonline.orgNTEE Category
Code: B21Z - Education
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