Overview
What is Millburn Township Co-Op Nursery School?
Millburn Township Co-Op Nursery School is a local preschool institution situated in Millburn, New Jersey. Its primary objective is to offer continuous education to young learners, encompassing programs like early school admissions and kindergarten. As an integral part of the community, the school is dedicated to providing a nurturing environment that fosters the growth and development of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Millburn Township Co-Op Nursery School has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 50%, the organization lacks independent board members and fails to provide essential financial statements and other governance documents. The absence of these key components raises questions about transparency and oversight.
Despite its low accountability score, the organization demonstrates a strong commitment to program expenses, achieving a 100% program expense ratio. This indicates that all its expenditures are directed towards fulfilling its mission, which is a positive aspect of its operations. However, the failure to implement basic governance policies such as conflict of interest, whistleblower protections, and document retention further detracts from its overall standing.
Overall, while Millburn Township Co-Op Nursery School is focused on its educational mission, the lack of independent oversight and essential financial documentation is concerning. Potential donors and stakeholders may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Millburn Township Co-Op Nursery School legitimate?
Millburn Township Co-Op Nursery School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millburn Township Co-Op Nursery School 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $340,266
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What is the mission statement of Millburn Township Co-Op Nursery School?
The Millburn Township Co-Op Nursery School, as a preschool educational institution, is committed to advancing the education of local children. This is accomplished through various programs such as early school admissions and kindergarten. The school's mission is to continuously provide educational opportunities to young learners, fostering their development in Millburn, New Jersey.
Who is the CEO of Millburn Township Co-Op Nursery School?
Unavailable
What is the revenue of Millburn Township Co-Op Nursery School?
Millburn Township Co-Op Nursery School's revenue in 2023 was $524,574.
Who are the executives of Millburn Township Co-Op Nursery School and what are their salaries?
There is 1 key member and their salary:
- Compensation: $70,000
- Related: $0
- Other: $0
Where can I find the form 990 for Millburn Township Co-Op Nursery School?
Millburn Township Co-Op Nursery School's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Millburn Township Co-Op Nursery School
Millburn Township Co-Op Nursery School, as a preschool educational institution, is committed to the continued education of young learners in the community. Their mission is to facilitate this learning process through various programs, such as early school admissions and kindergarten. The school's primary objective is to provide a conducive learning environment for local children in Millburn, New Jersey, aiming to foster their growth and development.
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Impact
July, 2024
Millburn Township Co-Op Nursery School's impact is significant in the local community of Millburn, NJ. By offering early school admissions and kindergarten programs, the school plays a crucial role in educating young learners and preparing them for future academic success. Through its preschool educational initiatives, Millburn Township Co-Op Nursery School contributes to the overall development and growth of children in the area, equipping them with essential skills and knowledge for their educational journey.
This information is meant to be a general summary of Millburn Township Co-Op Nursery School. 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: $232
- Program Service Revenue: $478,994
- Gross Receipts: $524,574
Assets and Liabilities:
- Total Assets: $341,176
- Total Liabilities: $2,452
- Net Assets: $338,724
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Income
Revenue
$478,994
Organization Details
Main Address
951 Ridgewood Road, Millburn, NJ, 07041
NTEE Category
Code: B21Z - Education
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