Moonstone Inc

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

EIN: 222458041 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Moonstone Inc?

Moonstone Inc is a nonprofit organization that provides a nurturing and stimulating environment for preschool-aged children. Their mission is to cultivate the children's educational strengths, encourage positive self-expression, and foster the development of independent, diverse, and cooperative minds. Moonstone aims to create an atmosphere that nurtures free inquisitiveness, promoting overall growth and development in the children they serve. The specifics of their activities and mission can be found in the attached narrative.


Official website here: www.moonstonepreschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star Rating

Moonstone Inc has received an overall rating of 88%, which reflects strong performance in accountability and finance. The organization has maintained a high level of transparency and governance, with an entirely independent board and robust financial oversight practices. This positive rating indicates that the charity effectively manages its resources and is committed to its mission.

However, there are areas where Moonstone Inc could improve. Notably, the absence of a whistleblower policy and document retention guidelines raises concerns about internal governance and compliance practices. Additionally, the charity has not posted its tax form on its website, which could impact accessibility for donors seeking to review its financial health.

Despite these limitations, the charity demonstrates a solid program expense ratio of 88.25%, indicating that a significant portion of its funds is directed towards its mission-driven activities. Overall, while Moonstone Inc shows commendable strengths in accountability, addressing the noted gaps could enhance its credibility and operational effectiveness further.


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

Is Moonstone Inc legitimate?

Moonstone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moonstone 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $656,016

For more financial information, click here


Official website here: www.moonstonepreschool.org

What is the mission statement of Moonstone Inc?

Moonstone Inc, through its preschool, aims to establish a nurturing and engaging atmosphere that nourishes a child's educational abilities. This environment encourages the development of self-expression in a positive manner and fosters the growth of free-thinking, independent, diverse, and cooperative minds. Moonstone preschool strives to cultivate the children's innate inquisitiveness and promote their overall development.


Official website here: www.moonstonepreschool.org

Who is the CEO of Moonstone Inc?

Shannon Roscoe is the President of Moonstone Inc.


Official website here: www.moonstonepreschool.org

What is the revenue of Moonstone Inc?

Moonstone Inc's revenue in 2022 was $1,798,698.


Official website here: www.moonstonepreschool.org

Who are the executives of Moonstone Inc and what are their salaries?

The average compensation at Moonstone Inc during 2022 was $29,819. There are 22 employees and 40 volunteers at Moonstone Inc.


Here are 16 key members and their salaries:


Charles Carr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Militello (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Savannah Nash (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Swedish (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sydney Coffin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pheralyn Dove (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Garman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Marshall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Nelson-Haynes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Wallace-Chew (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariella Werden-Greenfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mara Slaskas Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Roscoe (Executive Director)
  • Compensation: $72,593
  • Related: $0
  • Other: $8,114


Official website here: www.moonstonepreschool.org

Where can I find the form 990 for Moonstone Inc?

Moonstone Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.moonstonepreschool.org

Learn more at the official website: www.moonstonepreschool.org

Mission Statement of Moonstone Inc

Moonstone Inc, a preschool organization, is committed to establishing a nurturing and engaging environment for children. Their primary objective is to nurture the children's educational abilities, encourage positive self-expression, and stimulate the growth of independent, inquisitive, diverse, and cooperative minds. The preschool aims to foster an atmosphere where children can freely explore, learn, and develop essential life skills.

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Impact




October, 2024

Moonstone Inc significantly influences the Philadelphia community by providing a nurturing and stimulating environment for young children through its preschool program. By fostering educational strengths and promoting positive self-expression, Moonstone empowers children to develop into inquisitive and independent learners. The emphasis on diverse and cooperative minds encourages social interaction and collaboration among students, shaping them into well-rounded individuals.

The incorporation of arts into the curriculum further enriches the educational experience, allowing children to explore their creativity while enhancing their cognitive and emotional development. Moonstone Inc not only contributes to the academic growth of its students but also to their social and emotional well-being, preparing them for future success in a diverse society. Through its commitment to cultivating strong, free-thinking individuals, Moonstone Inc plays a vital role in shaping the future of the community.




This information is meant to be a general summary of Moonstone 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
$1,798,698 (2022)
Expenses
$1,152,743 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,105,840
  • Gross Receipts: $1,813,350

Assets and Liabilities:

  • Total Assets: $964,589
  • Total Liabilities: $89,246
  • Net Assets: $875,343

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Programs

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

TUITION

Revenue

$1,105,840

Organization Details

Founding Year

1983

Principal Officer

Shannon Roscoe

Main Address

750 SOUTH 11TH STREET, PHILADELPHIA, PA, 19147

NTEE Category

Code: A20 - Arts

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