Overview
What is Fayette Cooperating Nursery School Inc?
Fayette Cooperating Nursery School Inc, located in Lexington, Kentucky, is a parent-owned and operated nonprofit institution that offers high-quality early childhood education. Serving around 160 families annually, the school caters to children between the ages of two and eight. With a strong emphasis on nurturing both children and their parents, the school provides an engaging learning environment that supports the growth and development of each child. The school employs a team of 21 individuals, ensuring a personalized approach to education. The school's mission is to deliver a top-notch early childhood education, fostering a supportive community for both children and their families.
Official website here: www.coopschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Fayette Cooperating Nursery School Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 77% based solely on its Accountability & Finance metrics. This rating indicates that the organization is performing well in financial management and accountability, which are crucial for maintaining donor trust and ensuring funds are used effectively.
The organization shows significant strengths in governance, with 100% of its board members being independent, and it adheres to best practices by having a comprehensive conflict of interest policy and a whistleblower policy in place. Additionally, it demonstrates a strong commitment to transparency by documenting board meeting minutes and maintaining a low liabilities to assets ratio of 0.00%. Furthermore, a healthy program expense ratio of 82.19% suggests that a large portion of its resources is directed towards its mission-related activities.
While the organization has a commendable accountability framework, potential donors should consider that the score is derived from a single beacon. Thus, while financial practices are strong, further information on program outcomes and impact could provide a more holistic view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Fayette Cooperating Nursery School Inc legitimate?
Fayette Cooperating Nursery School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayette Cooperating Nursery School 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: $95,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,126
For more financial information, click here
Official website here: www.coopschool.org
What is the mission statement of Fayette Cooperating Nursery School Inc?
Fayette Cooperating Nursery School Inc, as a parent-owned and operated institution, is dedicated to providing outstanding early education to children aged between 2 and 8. Their mission extends beyond just educating the children, as they also aim to support and nurture the parents involved in the cooperative school setting. The school serves around 160 families annually, offering a high-quality early childhood program that caters to children's developmental needs. The cooperative nature of the school allows parents to actively participate in their children's education, fostering a strong community and shared learning experience.
Official website here: www.coopschool.org
Who is the CEO of Fayette Cooperating Nursery School Inc?
Lacye Holbrook is the Board Member, Jan-Jun of Fayette Cooperating Nursery School Inc.
Official website here: www.coopschool.org
What is the revenue of Fayette Cooperating Nursery School Inc?
Fayette Cooperating Nursery School Inc's revenue in 2022 was $491,183.
Official website here: www.coopschool.org
Who are the executives of Fayette Cooperating Nursery School Inc and what are their salaries?
The average compensation at Fayette Cooperating Nursery School Inc during 2022 was $15,797. There are 21 employees and 250 volunteers at Fayette Cooperating Nursery School Inc.
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Official website here: www.coopschool.org
Where can I find the form 990 for Fayette Cooperating Nursery School Inc?
Fayette Cooperating Nursery School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coopschool.org
Learn more at the official website: www.coopschool.org
Mission Statement of Fayette Cooperating Nursery School Inc
Fayette Cooperating Nursery School, a parent-owned and operated institution, is dedicated to providing an exceptional early education experience for children aged between 2 and 8. Their mission goes beyond just educating the young minds; it also aims to nurture and support the parents. As a cooperative school, Fayette Cooperating Nursery School fosters an environment where parents are actively involved in their children's learning process, contributing to a holistic development of both the child and the parent. During each academic year, the school serves approximately 160 families, offering them a high-quality early childhood education program that caters to children from the age of two to eight. The school's commitment to its mission is evident in its ability to serve around 275 children and their families throughout a calendar year.
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Impact
July, 2024
Fayette Cooperating Nursery School Inc makes a significant impact by providing high-quality early childhood education to children ages 2-8. With an average of 160 children served each academic year, the school plays a crucial role in shaping the educational foundation of young learners. Additionally, by involving parents in the cooperative school model, Fayette Cooperating Nursery School enhances the learning experience for both children and families. Through its commitment to education, the school positively impacts the lives of approximately 275 children and their families each calendar year in Lexington, KY.
This information is meant to be a general summary of Fayette Cooperating Nursery School 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: $252
- Program Service Revenue: $462,991
- Gross Receipts: $491,406
Assets and Liabilities:
- Total Assets: $513,882
- Total Liabilities: $0
- Net Assets: $513,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition, Registration, Fees
Revenue
$462,991
Organization Details
Founding Year
1972
Phone
(859) 276-6350Principal Officer
Lacye Holbrook
Main Address
109 Rosemont Gdn, Lexington, KY, 40503
Website
www.coopschool.orgNTEE Category
Code: B21Z - Education
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