Overview
What is Peraltas Playhouse Inc?
Peraltas Playhouse Inc, based in Peralta, New Mexico, is a nonprofit organization committed to early childhood development. Their primary focus is on providing high-quality care and educational opportunities for preschool and daycare children. Serving around 60 to 70 children, they offer a comprehensive range of services, including nutritious meals and engaging educational activities. With a dedicated workforce of 47 individuals, this organization is deeply invested in nurturing and supporting the growth and development of young minds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The organization has received an overall score of 64%, which translates to a Two-Star out of Four Star rating. This indicates that while there are some strengths in its operations, there are also significant areas that require enhancement, particularly in governance and financial transparency.
Peraltas Playhouse Inc demonstrates a commendable program expense ratio of 87.62%, suggesting that a substantial portion of its expenditures is directed towards its programs. Additionally, it has established strong policies regarding conflict of interest, whistleblower protections, and document retention. However, the organization faces challenges with governance, as only 28% of its board members are independent, which adversely affects its accountability score.
The lack of a publicly accessible website, as noted in the absence of tax forms, and the limited financial review practices, which resulted in a zero score for financial statements, highlight weaknesses in transparency. These factors contribute to the overall need for improvement in both governance and financial practices to bolster credibility and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Peraltas Playhouse Inc legitimate?
Peraltas Playhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peraltas Playhouse 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: $192,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $608,328
For more financial information, click here
What is the mission statement of Peraltas Playhouse Inc?
Peraltas Playhouse Inc's mission is centered around providing care and educational opportunities for preschool, youth, and daycare children. Serving between 60 to 70 children, the organization's purpose is to offer early childhood development programs, nutritious meals, and educational experiences. The mission of Peraltas Playhouse Inc is to contribute positively to the growth and development of these young individuals, ensuring they receive a solid foundation for their future.
Who is the CEO of Peraltas Playhouse Inc?
Kathy Jaramillo is the President of Peraltas Playhouse Inc.
What is the revenue of Peraltas Playhouse Inc?
Peraltas Playhouse Inc's revenue in 2022 was $1,786,931.
Who are the executives of Peraltas Playhouse Inc and what are their salaries?
The average compensation at Peraltas Playhouse Inc during 2022 was $17,030. There are 47 employees at Peraltas Playhouse Inc.
Here are 6 key members and their salaries:
- Compensation: $61,355
- Related: $0
- Other: $0
- Compensation: $43,813
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $37,480
- Related: $0
- Other: $0
- Compensation: $49,456
- Related: $0
- Other: $0
Where can I find the form 990 for Peraltas Playhouse Inc?
Peraltas Playhouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peraltas Playhouse Inc
Peraltas Playhouse Inc, as a child care center, is committed to providing nurturing care and educational opportunities for preschool, youth, and daycare children. Serving around 60 to 70 children, this organization focuses on early childhood development, offering both meals and educational programs for the children under its care. The mission of Peraltas Playhouse Inc can be summarized as its dedication to fostering the growth and development of young children, providing them with a safe and enriching environment that supports their overall well-being and sets a strong foundation for their future.
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Impact
October, 2024
Peraltas Playhouse Inc significantly contributes to the wellbeing and development of young children in the community. By serving between 60-70 children, it provides essential early childhood education and developmental programs that lay the foundation for lifelong learning. The center offers a nurturing environment where preschool and daycare children receive quality care, educational opportunities, and nutritious meals, fostering both their academic and personal growth.
The impact extends beyond individual children, benefiting families and the broader community in Peralta, NM. Parents can pursue work or education knowing their children are in a safe, supportive, and enriching environment. Furthermore, by focusing on early childhood development, Peraltas Playhouse Inc plays a crucial role in preparing young learners for future academic success, ultimately contributing to the overall health and prosperity of the community.
This information is meant to be a general summary of Peraltas Playhouse 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: $1,103
- Program Service Revenue: $199,299
- Gross Receipts: $1,786,931
Assets and Liabilities:
- Total Assets: $654,901
- Total Liabilities: $38,091
- Net Assets: $616,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Operational Revenue
Revenue
$199,299
Organization Details
Founding Year
2011
Phone
(505) 869-4939Principal Officer
Kathy Jaramillo
Main Address
PO Box 861, Peralta, NM, 87042
NTEE Category
Code: P33 - Human services
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