Overview
What is The Parent Cooperative For Early Le?
The Parent Cooperative for Early Learning (PCEL) is a nonprofit organization situated in Chicago, Illinois, specifically at 5300 South Shore Drive. It operates as a full-day, year-round preschool, catering to families in need of child care services. The PCEL community is multicultural, with both families and professional staff jointly owning and managing the cooperative. It is a partnership where everyone collaborates to provide a nurturing environment for the children. The PCEL's mission is to serve families requiring child care, offering them a comprehensive preschool program throughout the year.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Parent Cooperative For Early Learning has received a solid Three-Star rating from Charity Navigator, reflecting an 80% score that emphasizes its strong accountability and financial management. This rating is based solely on the Accountability & Finance beacon, indicating that the organization has demonstrated a commitment to transparency and effective governance practices.
Key strengths include a fully independent board of directors, which comprises nine members, ensuring effective oversight and decision-making. The organization also excels in its financial health, with a low liabilities to assets ratio of 4.57%, and it has no material diversion of assets. Additionally, its program expense ratio is impressive at 100%, indicating that all funds are directed toward its mission-related activities.
While the organization showcases robust financial practices, there are no additional beacons evaluated, such as Impact or Sustainability, which could provide a more comprehensive view of its overall effectiveness. Nonetheless, its strong accountability metrics highlight the Parent Cooperative's responsible management and dedication to fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Parent Cooperative For Early Le legitimate?
The Parent Cooperative For Early Le is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Parent Cooperative For Early Le 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,868
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What is the mission statement of The Parent Cooperative For Early Le?
The Parent Cooperative for Early Learning (PECL) serves as a full-day, year-round preschool for families in need of child care. Operating as a multicultural cooperative, the PECL is jointly owned by both families and professional staff, fostering a strong partnership among them. The mission of the PECL is to provide a nurturing environment where children from diverse backgrounds can learn and grow. The cooperative aims to promote a sense of community and shared responsibility, empowering both families and staff in the educational process. The PECL's mission is to prepare children for their future by offering a comprehensive and engaging early learning experience.
What is the revenue of The Parent Cooperative For Early Le?
The Parent Cooperative For Early Le's revenue in 2023 was $957,652.
Who are the executives of The Parent Cooperative For Early Le and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for The Parent Cooperative For Early Le?
The Parent Cooperative For Early Le's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Parent Cooperative For Early Le
The Parent Cooperative for Early Learning (PECL) is a mission-driven organization that operates as a full-day, year-round preschool. It serves families who require care for their children and is unique in its structure as a cooperative, jointly owned by both the families and professional staff. This cooperative partnership between families and staff is central to the PECL's ethos, fostering a multicultural community where everyone plays a role in their children's early education. The PECL's program offers childcare services throughout the year, providing a supportive environment for children's growth and development.
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Impact
October, 2024
The Parent Cooperative For Early Learning (PECL) plays a significant role in providing essential child care services to families in Chicago. By offering a full-day, year-round preschool program, it meets the needs of working parents who require consistent and reliable care for their children.
As a multicultural community, the PECL fosters an inclusive environment that celebrates diversity, enriching the educational experience for all children involved. Its cooperative model encourages active participation from both families and professional staff, creating a strong partnership that enhances the educational and social development of the children. This collaborative approach not only strengthens relationships among families but also empowers parents by involving them in the decision-making process regarding their children's education.
The impact of PECL extends beyond child care; it promotes early childhood education that emphasizes learning through play and exploration. This holistic approach supports the cognitive, emotional, and social growth of children, preparing them for future educational endeavors. Through its commitment to community engagement and cooperative values, the Parent Cooperative For Early Learning significantly contributes to the well-being of families and the development of a supportive educational framework in the Chicago area.
This information is meant to be a general summary of The Parent Cooperative For Early Le. 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 2023.
- Program Service Revenue: $877,934
- Gross Receipts: $957,652
Assets and Liabilities:
- Total Assets: $119,010
- Total Liabilities: $5,442
- Net Assets: $113,568
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$877,934
Organization Details
Founding Year
1973
Principal Officer
Farah Sheriff
NTEE Category
Code: B200 - Education
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