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Patchworks Inc

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

EIN: 300464109 ✦ Louisville, CO ✦ Designated as a 501(c)(3)

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Overview

What is Patchworks Inc?

Patchworks Inc is a nonprofit organization that manages an independent school, catering to children. Their primary objective is to foster self-directed learning and promote the use of open-ended materials. The school has a sizable student body of approximately 80 children, with a maximum daily enrollment of 32 preschoolers and 10 toddlers. The education at Patchworks Inc emphasizes community involvement, ensuring a nurturing and collaborative learning environment for its students.


Official website here: www.thepatchworkschool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

Patchworks Inc has received a two-star rating, indicating that while it performs well in accountability and finance, there are significant areas needing improvement. The organization boasts a perfect score of 100% in accountability, with a majority of its board members being independent. This suggests a strong governance structure and a commitment to ethical oversight.

However, the nonprofit faces challenges in transparency, as it lacks financial statements on its website and has not provided key governance documents such as a whistleblower policy and document retention policy. Additionally, while the organization has a commendable program expense ratio of 88.72%, the absence of publicly available financial information may hinder stakeholders' ability to fully assess its financial health and operational effectiveness.

In summary, while Patchworks Inc shows strong governance practices, its low rating reflects areas where it must enhance transparency and share more information with the public to improve trust and credibility. Addressing these limitations could contribute positively to its overall rating and stakeholder confidence.


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

What do the Facebook reviews say about Patchworks Inc?

92% of 8 reviewers on Facebook recommend this nonprofit. Here is a summary of their reviews:

Many parents express deep appreciation for the nurturing environment at Patchworks Inc. They highlight the profound love, support, and care their children receive, often mentioning how the services exceed their expectations. The sense of community is noted as a significant aspect, contributing to a positive overall experience.

Overall, the sentiment reflects strong satisfaction among those involved, with parents feeling grateful for the opportunities provided to their children. It appears that Patchworks Inc successfully fulfills its mission to create a supportive atmosphere for kids and families alike.


This AI summary has been generated from reviews found on Facebook.

Is Patchworks Inc legitimate?

Patchworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patchworks 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: $83,947
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,187

For more financial information, click here


Official website here: www.thepatchworkschool.com

What is the mission statement of Patchworks Inc?

Patchworks Inc, an independent school, is committed to fostering self-directed learning and a sense of community among its students. The school utilizes open-ended materials to encourage creativity and independence in its approximately 80 students, with a maximum capacity of 32 preschoolers and 10 toddlers daily. The mission of Patchworks Inc is centered around nurturing a learning environment that empowers children to take charge of their educational journey.


Official website here: www.thepatchworkschool.com

Who is the CEO of Patchworks Inc?

Heather Craig is the Treasurer of Patchworks Inc.


Official website here: www.thepatchworkschool.com

What is the revenue of Patchworks Inc?

Patchworks Inc's revenue in 2022 was $575,156.


Official website here: www.thepatchworkschool.com

Who are the executives of Patchworks Inc and what are their salaries?

The average compensation at Patchworks Inc during 2022 was $17,655. There are 17 employees and 20 volunteers at Patchworks Inc.


Here are 9 key members and their salaries:


Heather Craig (Treasurer)
  • Compensation: $34,116
  • Related: $0
  • Other: $0
Jammie Speyer (Vice President)
  • Compensation: $31,866
  • Related: $0
  • Other: $0
Michele Beach (Director)
  • Compensation: $17,965
  • Related: $0
  • Other: $0
Patrick Lacz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Fishel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hildegard Tietema (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy De Angelis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Frey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Leonard (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepatchworkschool.com

Where can I find the form 990 for Patchworks Inc?

Patchworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepatchworkschool.com

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

Mission Statement of Patchworks Inc

PatchWorks, an independent school, is dedicated to instilling self-directed learning and a sense of community in its students. The institution emphasizes the use of open-ended materials to foster a creative and exploratory environment for its pupils. With a student body of approximately 80 children, PatchWorks limits the number of preschoolers to 32 per day and 10 toddlers daily, ensuring a personalized learning experience. The school's mission is to encourage children to take charge of their own education, fostering an environment that nurtures their curiosity and growth.

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Impact




July, 2024

Patchworks Inc's impact lies in providing a unique educational experience for children through its independent school. By emphasizing self-directed learning, open-ended materials, and a sense of community, Patchworks offers a learning environment that values creativity, individuality, and collaboration. With around 80 students enrolled, including a maximum of 32 preschoolers per day and 10 toddlers per day, Patchworks is shaping the next generation of learners who are empowered to explore, create, and grow in a supportive and nurturing setting.




This information is meant to be a general summary of Patchworks 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.

Revenue
$575,156 (2022)
Expenses
$527,430 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,797
  • Program Service Revenue: $548,191
  • Gross Receipts: $575,156

Assets and Liabilities:

  • Total Assets: $679,798
  • Total Liabilities: $17,007
  • Net Assets: $662,791

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Programs

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

Tuition

Revenue

$548,191

Organization Details

Founding Year

2007

Principal Officer

Heather Craig

Main Address

1428 Main Street, Louisville, CO, 80027

NTEE Category

Code: B21 - Education

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