Overview
What is Lakewood United Methodist Preschool?
Lakewood United Methodist Preschool is a nonprofit institution located at 6133 San Jose Blvd, Jacksonville, Florida. This preschool serves children from one year old to pre-k, fostering both religious and preparatory education. The school's primary focus is on providing religious education, promoting interaction with teachers and peers, and instilling Christian values through teaching about God and Jesus. Revenue sources include registration fees, summer tuition, regular tuition, and VPK income late fees. With a dedicated workforce of 18 individuals, Lakewood United Methodist Preschool is committed to shaping young minds in a nurturing and faith-based environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Lakewood United Methodist Preschool has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization received a 79% score overall, showcasing its commitment to transparency and responsible financial management. The preschool has 100% independent board members, which reflects well on governance practices and helps ensure unbiased decision-making.
Strengths include a strong adherence to policies such as conflict of interest and whistleblower protections, both of which have received full scores. Additionally, the absence of material diversion of assets is a positive indicator of integrity in financial operations. The preschool maintains a low liabilities to assets ratio, symbolizing a robust financial position.
However, the program expense ratio of 57.93% suggests that there may be room for improvement in how funds are allocated towards program services versus administrative or fundraising expenses. This could be an area of focus for the organization to enhance its impact further. Overall, the preschool demonstrates a commendable level of accountability and governance, contributing to the trust placed in it by the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood United Methodist Preschool legitimate?
Lakewood United Methodist Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood United Methodist 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: $61,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,711
For more financial information, click here
What is the mission statement of Lakewood United Methodist Preschool?
Lakewood United Methodist Preschool's mission is centered around providing religious education and preparation for school for children aged one to pre-k. The preschool focuses on teaching religious curriculum about God, Jesus, and the values of a Christian life. It also encourages interaction between children and teachers, fostering an environment that emphasizes learning. The primary goal is to instill these values and religious beliefs in the young students, providing them with a solid foundation for their spiritual journey.
Who is the CEO of Lakewood United Methodist Preschool?
Bethany Coleman is the Chairman Of The Board of Lakewood United Methodist Preschool.
What is the revenue of Lakewood United Methodist Preschool?
Lakewood United Methodist Preschool's revenue in 2022 was $485,923.
Who are the executives of Lakewood United Methodist Preschool and what are their salaries?
The average compensation at Lakewood United Methodist Preschool during 2022 was $19,417. There are 18 employees and 8 volunteers at Lakewood United Methodist Preschool.
Here are 3 key members and their salaries:
- Compensation: $38,125
- Related: $0
- Other: $0
- Compensation: $16,167
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
Where can I find the form 990 for Lakewood United Methodist Preschool?
Lakewood United Methodist Preschool's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lakewood United Methodist Preschool
Lakewood United Methodist Preschool is dedicated to nurturing one-year-old children up to pre-kindergarten age. Their mission transcends typical preschool education, integrating religious instruction with academic preparation. The preschool fosters an environment where children interact with teachers, engaging in lessons centered around God, Jesus, and the values of a Christian life. The primary focus is on providing religious education alongside prep school education, aiming to shape the young learners' understanding of their faith and life principles.
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Impact
July, 2024
Lakewood United Methodist Preschool plays a crucial role in providing religious education and preparing young children for academic success. By offering a curriculum that integrates teachings about God and Jesus alongside traditional early childhood education, the preschool helps shape the values and beliefs of its students from a young age. Through interactions with teachers and peers, children not only learn academic skills but also develop a foundation in Christian principles and a sense of community. This unique approach sets Lakewood United Methodist Preschool apart and contributes to the holistic development of the children in their care.
This information is meant to be a general summary of Lakewood United Methodist 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $89
- Program Service Revenue: $404,851
- Gross Receipts: $485,923
Assets and Liabilities:
- Total Assets: $54,169
- Total Liabilities: -$2,897
- Net Assets: $57,066
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Organization Details
Founding Year
2009
Principal Officer
Bethany Coleman
Main Address
6133 San Jose Blvd, Jacksonville, FL, 322172332
NTEE Category
Code: B21 - Education
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