Overview
What is Stanley Preschool Inc?
Stanley Preschool Inc, situated in Chatham, New Jersey, is a nonprofit organization that specializes in providing preschool education. Catering to children aged almost three, three, four, and four/five years old, the organization offers a range of classes, including three-day, four-day, and five-day programs. The primary mission of Stanley Preschool Inc is to deliver high-quality preschool education in a nurturing environment that fosters positive self-esteem, a lifelong love for learning, and respect for diverse cultures and values. The organization accomplishes this by focusing on the five facets of development - social, emotional, physical, intellectual, and creative. Currently, Stanley Preschool Inc employs a team of 26 dedicated individuals.
Official website here: www.stanleypreschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)
Stanley Preschool Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement within the organization. The overall score of 69% reflects decent accountability and financial practices, especially with scores of 8 for independent board members and a strong program expense ratio of 82.20%. However, the organization struggles in key areas such as financial statements and the implementation of important policies, which are reflected in the lower scores for documentation and whistleblower policies.
Strengths include a high ratio of expenses directed toward programs, which suggests that the majority of funds are used effectively to serve the community. The board's independence and size are also positive indicators of governance. However, significant weaknesses are evident, particularly with a lack of transparency around financial statements and policies that promote accountability, such as conflict of interest and document retention policies.
While Stanley Preschool Inc shows commitment through its program expenses, the absence of essential policies raises concerns about governance and financial oversight. Improvement in these areas could enhance the organization's overall rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Stanley Preschool Inc legitimate?
Stanley Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanley 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: $137,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,862
For more financial information, click here
Official website here: www.stanleypreschool.com
What is the mission statement of Stanley Preschool Inc?
Stanley Preschool Inc's mission is centered around providing high-quality preschool education to children aged almost three, three, four, and four/five years old. The organization creates an environment that fosters positive self-esteem, encourages a lifelong enthusiasm for learning, and instills respect for diverse cultures and values. This is accomplished in a nurturing atmosphere that cultivates the five facets of development: social, emotional, physical, intellectual, and creative. The preschool aims to foster a well-rounded growth in its students.
Official website here: www.stanleypreschool.com
Who is the CEO of Stanley Preschool Inc?
Jeanne Lemon is the School Director of Stanley Preschool Inc.
Official website here: www.stanleypreschool.com
What is the revenue of Stanley Preschool Inc?
Stanley Preschool Inc's revenue in 2023 was $640,196.
Official website here: www.stanleypreschool.com
Who are the executives of Stanley Preschool Inc and what are their salaries?
The average compensation at Stanley Preschool Inc during 2023 was $16,895. There are 26 employees and 16 volunteers at Stanley Preschool Inc.
Here are 14 key members and their salaries:
- Compensation: $67,250
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- Other: $0
- Compensation: $28,000
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- Other: $0
- Compensation: $8,931
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.stanleypreschool.com
Where can I find the form 990 for Stanley Preschool Inc?
Stanley Preschool Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stanleypreschool.com
Learn more at the official website: www.stanleypreschool.com
Mission Statement of Stanley Preschool Inc
Stanley Preschool Inc is dedicated to providing a high-quality preschool education in an environment that fosters positive self-esteem and a lifelong enthusiasm for learning. This is achieved by nurturing the five facets of development - social, emotional, physical, intellectual, and creative. The organization strives to instill respect for different cultures and values in its students, creating a warm and caring atmosphere where everyone feels valued and supported. By focusing on these aspects, Stanley Preschool Inc aims to equip its young learners with a strong foundation for their future educational and personal growth.
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Impact
July, 2024
Stanley Preschool Inc impacts the community by providing a quality preschool education to children ranging from almost three-year-olds to four/five-year-olds. Through their seven separate classes offered throughout the week, they create a warm and nurturing environment that fosters positive self-esteem, a love for learning, and respect for diverse cultures and values. By focusing on development in the areas of social, emotional, physical, intellectual, and creative facets, Stanley Preschool Inc plays a significant role in preparing children for success in their future endeavors.
This information is meant to be a general summary of Stanley 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,132
- Program Service Revenue: $581,092
- Gross Receipts: $659,663
Assets and Liabilities:
- Total Assets: $576,207
- Total Liabilities: $167,584
- Net Assets: $408,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$521,933
ENRICHMENT REVENUE
Revenue
$35,055
LUNCH REVENUE
Revenue
$15,624
REGISTRATION FEES
Revenue
$5,000
ACTIVITY FEES
Revenue
$3,480
Organization Details
Founding Year
1969
Phone
(973) 635-0755Principal Officer
Jeanne Lemon
Main Address
240 SOUTHERN BOULEVARD, CHATHAM, NJ, 07928
Website
www.stanleypreschool.comNTEE Category
Code: B21Z - Education
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