Overview
What is Warren W Cherry Preschool?
Warren W. Cherry Preschool is a nonprofit organization situated at 1418 Lake Street, Evanston, Illinois. Its primary mission is to offer a nurturing and supportive environment for children's development, promoting their social, emotional, physical, and intellectual growth at their own pace. This early childhood program ensures consistency and safety, fostering an atmosphere that encourages children's growth in various aspects. The Preschool employs 44 individuals, dedicated to facilitating this developmental journey.
Official website here: www.cherrypreschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%
Warren W Cherry Preschool has achieved a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid score of 84%. This rating indicates a strong level of accountability and financial health, which is vital for maintaining the trust of donors and stakeholders. The organization has demonstrated effective governance with a fully independent board, showcasing transparency and commitment to ethical practices.
The preschool excels in several key financial metrics, including a program expense ratio of 80.91%, meaning that a significant portion of its expenses directly supports its educational programs. The absence of material diversion of assets and the presence of comprehensive policies related to conflict of interest and whistleblower protections further enhance its reputation for integrity and governance.
However, a notable area for improvement is the liabilities to assets ratio, which stands at 65.38%. This figure suggests that the organization has a considerable level of liabilities in relation to its assets, which could potentially raise concerns about its financial sustainability in the long term. Overall, while Warren W Cherry Preschool exhibits many strengths, addressing its liabilities will be important for future growth and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Warren W Cherry Preschool legitimate?
Warren W Cherry Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warren W Cherry 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $794,370
For more financial information, click here
Official website here: www.cherrypreschool.org
What is the mission statement of Warren W Cherry Preschool?
Warren W. Cherry Preschool's mission is centered around providing a nurturing environment for young children's development. Their primary objective is to facilitate the social, emotional, physical, and intellectual growth of these children at their own pace. The preschool offers a safe and consistent setting that encourages this holistic development, ensuring each child thrives in their unique journey.
Official website here: www.cherrypreschool.org
Who is the CEO of Warren W Cherry Preschool?
Katy Shapiro is the President of Warren W Cherry Preschool.
Official website here: www.cherrypreschool.org
What is the revenue of Warren W Cherry Preschool?
Warren W Cherry Preschool's revenue in 2023 was $1,090,177.
Official website here: www.cherrypreschool.org
Who are the executives of Warren W Cherry Preschool and what are their salaries?
The average compensation at Warren W Cherry Preschool during 2023 was $18,054. There are 44 employees at Warren W Cherry Preschool.
Here are 11 key members and their salaries:
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- Compensation: $69,602
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- Compensation: $40,429
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Official website here: www.cherrypreschool.org
Where can I find the form 990 for Warren W Cherry Preschool?
Warren W Cherry Preschool's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cherrypreschool.org
Learn more at the official website: www.cherrypreschool.org
Mission Statement of Warren W Cherry Preschool
Warren W. Cherry Preschool is committed to delivering a developmental early childhood program that fosters a secure, consistent, and nurturing environment. This environment encourages the holistic development of children, allowing them to progress at their individual pace in terms of social, emotional, physical, and intellectual growth. The preschool's mission is to offer a nurturing space that supports each child's unique journey towards personal growth and development.
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Impact
October, 2024
Warren W Cherry Preschool has a significant impact on the lives of children in Evanston, Illinois, by providing a developmental early childhood program in a nurturing environment. The preschool focuses on creating a safe and consistent space that fosters the social, emotional, physical, and intellectual growth of children. This holistic approach allows each child to develop at their own rate, giving them the confidence and skills necessary to thrive as they progress in their educational journeys. By prioritizing these aspects of child development, the preschool helps lay a strong foundation for lifelong learning and well-being, ensuring that children are well-prepared for future academic and personal success.
This information is meant to be a general summary of Warren W Cherry 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 2023.
- Investment Income: $2,849
- Program Service Revenue: $806,565
- Gross Receipts: $1,200,716
Assets and Liabilities:
- Total Assets: $930,559
- Total Liabilities: $608,464
- Net Assets: $322,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$806,565
Organization Details
Founding Year
1992
Phone
(847) 492-1213Principal Officer
Katy Shapiro
Main Address
1418 LAKE STREET, EVANSTON, IL, 60201
Website
www.cherrypreschool.orgNTEE Category
Code: B21 - Education
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