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Panda Bear Preschool

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

EIN: 263139749 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Panda Bear Preschool?

Panda Bear Preschool is a nonprofit organization situated in San Diego, California, specifically at 4998 VIA VALARTA. Their primary focus is on operating and managing educational programs for preschool-aged children. They meticulously develop and uphold their curriculum, resource materials, and necessary licenses and permits to ensure a high-quality learning environment. Additionally, they actively promote their programs, screen potential enrollees, and accept applications for their services. Panda Bear Preschool's mission revolves around providing preschool children with engaging and enriching educational opportunities to foster their early development. With a dedicated team of 14 employees, they work tirelessly to deliver these programs effectively.


Official website here: www.pandabearpreschool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)

Panda Bear Preschool has received a Two-Star rating from Charity Navigator, indicating that while it demonstrates strong financial accountability, there are significant shortcomings in governance practices. The organization scored exceptionally well in areas such as accountability and finance, achieving a perfect score of 100%. Notably, it has a fully independent board, which is a positive sign for its governance.

However, the preschool faces several limitations that contributed to its overall rating. Key policies, including a conflict of interest policy and a whistleblower policy, are missing, which raises concerns about transparency and ethical practices. Additionally, the organization has not posted its financial statements on its website, which can hinder public trust and accountability.

Despite these issues, Panda Bear Preschool excels in its program expense ratio, channeling nearly 95% of its funds directly into programs. This suggests a strong commitment to its mission and effective use of resources, but the absence of critical governance documentation could pose risks for the nonprofit in the long term.


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

Is Panda Bear Preschool legitimate?

Panda Bear Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panda Bear Preschool 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: $77,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $371,259

For more financial information, click here


Official website here: www.pandabearpreschool.com

What is the mission statement of Panda Bear Preschool?

Panda Bear Preschool is committed to delivering educational programs designed for preschool children. Their primary mission is to develop and implement a curriculum that caters to the learning needs of these young students. They also work on creating promotional materials, securing necessary licenses and permits, and screen and accept enrollments for their programs. The overall goal is to provide a nurturing and educational environment for preschoolers, aiming to set a strong foundation for their future learning journey.


Official website here: www.pandabearpreschool.com

What is the revenue of Panda Bear Preschool?

Panda Bear Preschool's revenue in 2023 was $639,674.


Official website here: www.pandabearpreschool.com

Who are the executives of Panda Bear Preschool and what are their salaries?

The average compensation at Panda Bear Preschool during 2023 was $34,523. There are 13 employees at Panda Bear Preschool.

Here are 6 key members and their salaries:


Leonor Kennaly (Executive Director)
  • Compensation: $76,688
  • Related: $0
  • Other: $0
Meijean Chan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ardythe Lo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irene Lane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Lum Hom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Kwan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pandabearpreschool.com

Where can I find the form 990 for Panda Bear Preschool?

Panda Bear Preschool's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pandabearpreschool.com

Learn more at the official website: www.pandabearpreschool.com

Mission Statement of Panda Bear Preschool

Panda Bear Preschool, a renowned institution, is dedicated to delivering educational programs designed specifically for preschool-aged children. The primary mission of this organization is to create an enriching learning environment that fosters the growth and development of these young minds. To achieve this, Panda Bear Preschool operates facilities and meticulously designs and maintains a curriculum that caters to the needs of its students. Furthermore, the institution is committed to obtaining the necessary licenses and permits to ensure the highest standard of education.

Beyond the classroom, Panda Bear Preschool also engages in promotional activities to attract eligible students to its programs. This includes conducting thorough screenings to determine each child's suitability for the programs offered. Once enrollment is complete, the institution provides a nurturing environment that encourages learning and personal growth. The educational programs at Panda Bear Preschool are tailored to meet the unique needs of each child, aiming to set a strong foundation for their future academic and personal success.

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Impact




July, 2024

Panda Bear Preschool's impact can be seen in the educational programs it provides for preschool children in San Diego, CA. By operating facilities, developing curriculum, and promoting enrollment, Panda Bear Preschool is helping to prepare young children for their academic journey. Through its dedication to early childhood education, Panda Bear Preschool contributes to the overall development and growth of its students, setting them on a path towards success in their future schooling and beyond.




This information is meant to be a general summary of Panda Bear Preschool. 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
$639,674 (2023)
Expenses
$649,380 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $280
  • Program Service Revenue: $634,030
  • Gross Receipts: $639,674

Assets and Liabilities:

  • Total Assets: $295,784
  • Total Liabilities: -$10,095
  • Net Assets: $305,879

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Programs

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

Registration

Revenue

$20,700

Tuition

Revenue

$613,305

Other

Revenue

$25

Organization Details

Founding Year

2008

Principal Officer

Meijean Chan

NTEE Category

Code: B21 - Education

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