Overview
What is School's Out Inc?
School's Out Inc is a community-based, nonprofit organization situated in Delmar, New York. With a staff of 89 individuals, their primary mission is to offer a secure, dependable, high-quality, and convenient care service to complement elementary education within the Bethlehem School District. When schools are not in session, they provide this care, ensuring that children have a safe and enriching environment during their time away from the classroom. The organization is committed to enhancing the educational experience of elementary school children in the district.
Official website here: www.schoolsoutinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
School's Out Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The charity's impressive score reflects its transparency and effective governance, marked by 100% independent board members and a solid audit of financial statements. Additionally, the organization has a robust conflict of interest policy and a whistleblower policy in place, ensuring ethical practices are upheld.
Financially, School's Out Inc demonstrates solid performance with a low liabilities to assets ratio of 8.41%, which suggests strong financial stability. Moreover, the program expense ratio stands at 80.69%, indicating that a significant portion of its funding is directed towards its programs, which is a positive sign for potential donors looking to maximize their impact through contributions.
While the overall ratings and feedback are highly favorable, the summary does not indicate any specific limitations or areas of improvement for School's Out Inc. This suggests a well-managed organization that is efficiently utilizing its resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is School's Out Inc legitimate?
School's Out Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. School's Out 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: $802,129
For more financial information, click here
Official website here: www.schoolsoutinc.org
What is the mission statement of School's Out Inc?
School's Out Inc is a community-based non-profit organization committed to providing a safe, reliable, high-quality, and convenient care service to complement elementary education within a specific school district. Their mission is to establish an organization that ensures the well-being of elementary school children during periods when school is not in session. This is achieved by offering a secure environment where children can engage in enriching activities, all while ensuring the continuity of their learning and development.
Official website here: www.schoolsoutinc.org
Who is the CEO of School's Out Inc?
Jayne Maloney is the Secretary of School's Out Inc.
Official website here: www.schoolsoutinc.org
What is the revenue of School's Out Inc?
School's Out Inc's revenue in 2022 was $1,984,634.
Official website here: www.schoolsoutinc.org
Who are the executives of School's Out Inc and what are their salaries?
The average compensation at School's Out Inc during 2022 was $9,013. There are 89 employees and 6 volunteers at School's Out Inc.
Here are 7 key members and their salaries:
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- Compensation: $92,741
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- Other: $2,542
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Official website here: www.schoolsoutinc.org
Where can I find the form 990 for School's Out Inc?
School's Out Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.schoolsoutinc.org
Learn more at the official website: www.schoolsoutinc.org
Mission Statement of School's Out Inc
School's Out Inc, a community-based non-profit organization, is committed to providing a safe, reliable, and high-quality care service to complement elementary education within the Bethlehem School District. Their mission is to establish a non-profit organization that offers a secure, dependable, and convenient care solution for elementary school children when schools are not in session. This mission underscores School's Out Inc's dedication to supporting the educational needs of children and ensuring they have a nurturing environment outside of school hours.
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Impact
October, 2024
School's Out Inc significantly enhances the welfare of elementary school children within the Bethlehem School District by offering safe, reliable, and quality care during out-of-school hours. By providing a structured environment where children can engage in educational and recreational activities, the organization plays a crucial role in supporting working families and ensuring that kids remain active, social, and engaged when school is not in session. This initiative not only alleviates the stress on parents but also contributes to the overall well-being and development of children, fostering a sense of community and stability. The program complements formal education, helping children to thrive academically and socially outside of the traditional classroom setting.
This information is meant to be a general summary of School's Out 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: $45,464
- Program Service Revenue: $1,119,017
- Gross Receipts: $2,069,541
Assets and Liabilities:
- Total Assets: $2,483,932
- Total Liabilities: $131,692
- Net Assets: $2,352,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE FEES
Revenue
$1,119,017
Organization Details
Founding Year
1983
Phone
(518) 439-9300Principal Officer
Jayne Maloney
Main Address
239 DELAWARE AVENUE, DELMAR, NY, 12054
Website
www.schoolsoutinc.orgNTEE Category
Code: B900 - Education
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