Overview
What is Precious Angels Inc?
Precious Angels Inc, located in Philadelphia, Pennsylvania, is a nonprofit organization with a mission to cater to working parents of low-income families. They provide an alternative to traditional daycare settings, offering high-quality academic and cultural programs. Their primary objective is to foster the holistic development of children, encompassing their emotional, social, spiritual, and physical growth. With a dedicated team of 26 employees, Precious Angels Inc strives to deliver a standard-driven program that ensures each child's overall development.
Official website here: www.preciousangelsacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
Precious Angels Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 39% overall, with particular weaknesses in board independence and transparency. Notably, it had no independent board members and failed to provide required financial statements, which raises questions about governance and oversight.
On a positive note, the organization allocates a substantial portion of its expenses—86.52%—to program-related activities, demonstrating a commitment to its mission. Additionally, while there are notable deficiencies in policy documentation such as conflict of interest and whistleblower policies, the organization does maintain records of board meeting minutes, which is a positive aspect in terms of governance.
However, the financial health of Precious Angels Inc appears troubling, as indicated by a liabilities to assets ratio of 179.31%. This high ratio suggests that the organization may be over-leveraged, which could jeopardize its sustainability and ability to fulfill its mission in the long term. Overall, while there are strengths in program spending, the lack of independent oversight and financial transparency poses serious concerns for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Precious Angels Inc?
100% of the nine reviewers on Facebook recommend Precious Angels Inc. Here is a summary of their reviews:
Parents consistently express overwhelming satisfaction with the daycare and aftercare services provided by Precious Angels. They highlight the evident love and support the staff has for the children, creating a nurturing environment conducive to learning. The positive experiences during their time at the nonprofit indicate a strong commitment to early childhood education, reassuring families about the growth and development of their children.
Overall, families feel grateful for the experience their children received at Precious Angels, with no negative experiences reported throughout their years of involvement. This highlights the nonprofit's ability to deliver on its promises and maintain high standards of care and education.
This AI summary has been generated from reviews found on Facebook.
Is Precious Angels Inc legitimate?
Precious Angels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Angels 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: $198,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,310
For more financial information, click here
Official website here: www.preciousangelsacademy.org
What is the mission statement of Precious Angels Inc?
Precious Angels Inc, as a child care center, holds a mission to offer a standard-driven program that fosters the holistic development of every child. This encompasses their emotional, social, spiritual, and physical growth, as well as their academic development. The organization aims to cater to the needs of working parents with limited income, providing them with alternative, high-quality academic and cultural programs, serving as an alternative to traditional daycare settings.
Official website here: www.preciousangelsacademy.org
Who is the CEO of Precious Angels Inc?
Michelle Faison is the President of Precious Angels Inc.
Official website here: www.preciousangelsacademy.org
What is the revenue of Precious Angels Inc?
Precious Angels Inc's revenue in 2022 was $1,693,646.
Official website here: www.preciousangelsacademy.org
Who are the executives of Precious Angels Inc and what are their salaries?
The average compensation at Precious Angels Inc during 2022 was $30,790. There are 26 employees and 6 volunteers at Precious Angels Inc.
Here are 2 key members and their salaries:
- Compensation: $100,846
- Related: $0
- Other: $0
- Compensation: $97,385
- Related: $0
- Other: $0
Official website here: www.preciousangelsacademy.org
Where can I find the form 990 for Precious Angels Inc?
Precious Angels Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preciousangelsacademy.org
Learn more at the official website: www.preciousangelsacademy.org
Mission Statement of Precious Angels Inc
Precious Angels Inc, a child care center, is dedicated to a mission that strives for every child's holistic development. Their vision is to provide a standard-driven program that fosters the emotional, social, spiritual, and physical growth and development of each child. In essence, Precious Angels Inc aims to cater to low-income working parents seeking alternatives to traditional daycare settings by offering high-quality academic and cultural programs. The center's mission is to create an environment that nurtures children, enabling them to thrive and grow in all aspects of their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Precious Angels Inc significantly impacts the Philadelphia community by providing a quality child care center aimed at enhancing the overall development of children from low-income families. By offering a standard-driven program, it addresses the critical needs of emotional, social, spiritual, physical, and academic growth. This initiative not only supports the development of individual children but also accommodates working parents seeking reliable alternatives to traditional day care settings. Through its academic and cultural programs, Precious Angels Inc fosters an environment where children can thrive and prepare for future success, thereby uplifting families and contributing to the larger community.
This information is meant to be a general summary of Precious Angels 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: $87
- Program Service Revenue: $1,693,559
- Gross Receipts: $1,693,646
Assets and Liabilities:
- Total Assets: $146,773
- Total Liabilities: $263,184
- Net Assets: -$116,411
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2000
Phone
(215) 224-6880Principal Officer
Michelle Faison
Main Address
6100 North Broad Street, Philadelphia, PA, 19140
NTEE Category
Code: P33 - Human services
If you are a representative of Precious Angels Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.