Overview
What is Charlotte Bilingual Preschool Inc?
Charlotte Bilingual Preschool Inc is a distinguished nonprofit organization situated in Charlotte, North Carolina. Their primary mission is to offer exceptional dual-language, multicultural preschool education to Spanish-speaking children aged 3 to 5. During the 2021-2022 school year, they expanded their enrollment and introduced a new 4-year-old classroom, resulting in a growth in students. The preschool is deeply committed to supporting families, offering comprehensive programs that equip them with resources and knowledge to foster their children's development and prepare them for success in elementary school and beyond. Weekly family cafes, community-building events, and specialized programs like ParentChild+ and Reading Bridge are crucial components of their family support initiatives. These programs aim to foster social support, social capital, and mutual learning among families, ultimately enhancing their capacity to promote their children's best developmental outcomes. Furthermore, the preschool collaborates with local educational institutions to provide early childhood education certification classes in Spanish and offers an apprenticeship program to prepare educators for future roles.
Official website here: www.bilingualpreschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Charlotte Bilingual Preschool Inc has received a high rating of 96% from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates the organization effectively manages its resources and adheres to best practices in financial transparency and governance. The nonprofit's commitment to maintaining a board composed entirely of independent members further enhances its credibility and integrity.
The organization excels in various areas, including having a well-documented conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining ethical standards. Additionally, Charlotte Bilingual Preschool demonstrates excellent financial management, as evidenced by its low ratio of liabilities to assets and a high percentage of program expenses relative to total expenses. This suggests that a substantial portion of its resources is directed toward fulfilling its mission.
Despite its strengths, the organization has a working capital ratio of 0.46 years, which indicates that it may face challenges in meeting short-term financial obligations. However, this does not detract significantly from its overall performance, as the preschool continues to maintain a strong focus on its operational goals while ensuring fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Charlotte Bilingual Preschool Inc legitimate?
Charlotte Bilingual Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Bilingual Preschool 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: $143,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,470,141
For more financial information, click here
Official website here: www.bilingualpreschool.org
What is the mission statement of Charlotte Bilingual Preschool Inc?
Charlotte Bilingual Preschool Inc's mission is centered around preparing Spanish-speaking children for success in school and life by providing high-quality dual-language, multi-cultural early childhood education. The preschool recognizes the vital role of family members in a child's development and collaborates with them to create programs that align with their values, interests, and challenges. This results in the development of literacy and Kindergarten-readiness skills for children from infancy to age 5.
The preschool offers various family programs, including ParentChild+, which works with families with children aged 18-36 months to strengthen positive social-emotional and family bonds, promoting early learning. Weekly Family Cafes are a significant component of these programs, where families discuss topics related to their children's development, share experiences, and learn from one another.
Events such as holiday celebrations, kindergarten fairs, and entrepreneurship fairs are organized to build community and connect families to resources. Additionally, family trips to urban farms and book clubs are provided to foster relationships and mutual learning among families.
In the 2021-22 school year, the preschool implemented the Enrichment Bridge program to support families with children showing additional developmental needs. ParentChild+ and the Reading Bridge program were also offered, providing families with learning materials and support to implement learning activities with their children.
The preschool also focuses on workforce development, offering early childhood education certification classes in Spanish and launching an apprenticeship program to prepare family members for careers in early childhood education. This initiative aims to increase the cultural competencies and linguistic diversity of the early childhood workforce, better serving children and families of various backgrounds.
Official website here: www.bilingualpreschool.org
What is the revenue of Charlotte Bilingual Preschool Inc?
Charlotte Bilingual Preschool Inc's revenue in 2023 was $3,419,258.
Official website here: www.bilingualpreschool.org
Who are the executives of Charlotte Bilingual Preschool Inc and what are their salaries?
The average compensation at Charlotte Bilingual Preschool Inc during 2023 was $32,665. There are 80 employees and 140 volunteers at Charlotte Bilingual Preschool Inc.
Here are 23 key members and their salaries:
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Official website here: www.bilingualpreschool.org
Where can I find the form 990 for Charlotte Bilingual Preschool Inc?
Charlotte Bilingual Preschool Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bilingualpreschool.org
Learn more at the official website: www.bilingualpreschool.org
Mission Statement of Charlotte Bilingual Preschool Inc
Charlotte Bilingual Preschool (CBP) is dedicated to preparing Spanish-speaking children for academic success and a fulfilling life by providing superior dual-language, multicultural early childhood education. The organization recognizes the significant role families play in their children's development and collaborates with them to develop programs that align with their values, priorities, interests, strengths, and challenges. The preschool's Family Programs aim to equip families with the resources and support needed to lead healthy families, engage effectively in their children's early development, and prepare them for success in elementary school and beyond. CBP offers various family-centered initiatives, such as weekly Family Cafés, holiday celebrations, and community-building events, to foster social support, social capital, and mutual learning among families. These activities position families to support their children's development effectively. To further bridge the gap, CBP implemented the Enrichment Bridge program, which provides personalized support to families with children requiring additional assistance. By offering programs like ParentChild+ and Reading Bridge, CBP helps families develop positive relationships with their children, promote literacy development, and strengthen their children's social-emotional skills. The organization also prioritizes workforce development, partnering with educational institutions and organizations to offer early childhood education certification classes in Spanish and launching an apprenticeship program to prepare quality educators for serving a diverse range of children and families.
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Impact
October, 2024
Charlotte Bilingual Preschool Inc. significantly impacts the lives of Spanish-speaking children and their families in several key areas. The preschool program offers a unique 5-star licensed dual-language education tailored to the specific needs of 3- and 4-year-old children, ensuring they receive quality early learning experiences that celebrate their cultural identity. This program not only fosters language proficiency in both Spanish and English but also emphasizes multi-cultural education that prepares children for success in a diverse society.
The organization recognizes that family involvement is crucial for a child's educational success. To this end, its Family Programs are meticulously crafted to support families in their roles as nurturers and educators. By facilitating weekly Family Cafés, families engage in meaningful discussions around topics such as social-emotional development, literacy, and mental health, promoting educational involvement at home and at school. This collaborative environment helps families build valuable networks of support and community, ultimately enhancing their capacity to advocate for their children's educational needs.
Programs like ParentChild+ and the Reading Bridge extend parental engagement by providing tailored resources and guidance to families with younger children. These initiatives foster strong parent-child relationships and equip families with the skills necessary to nurture their children's early development. Moreover, by employing family members as Early Learning Specialists, Charlotte Bilingual Preschool not only empowers them economically but also enriches the educational environment with culturally competent personnel.
Through its efforts to create community connections and increase awareness of available resources, Charlotte Bilingual Preschool facilitates holistic development for both children and families. Events such as kindergarten fairs and local entrepreneurship showcases strengthen community ties and give families opportunities to share their talents.
Additionally, the organization's Workforce Development Program addresses the need for qualified educators with cultural competency and linguistic diversity, paving the way for future generations of educators while expanding the early childhood workforce. By partnering with local educational institutions, Charlotte Bilingual Preschool is cultivating pathways for family members to enter the field of early childhood education, ensuring a brighter future for both them and the children they serve.
Overall, Charlotte Bilingual Preschool Inc. plays a vital role in empowering Spanish-speaking families, enhancing educational outcomes for children, and fostering a supportive community infrastructure that promotes growth and development from infancy through early childhood.
This information is meant to be a general summary of Charlotte Bilingual Preschool 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 2023.
- Investment Income: $560
- Program Service Revenue: $1,003,467
- Gross Receipts: $3,439,512
Assets and Liabilities:
- Total Assets: $2,092,499
- Total Liabilities: $67,944
- Net Assets: $2,024,555
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mecklenburg Pre-K
Revenue
$881,676
Participation Fees
Revenue
$87,828
Special Nutrition
Revenue
$33,963
Organization Details
Founding Year
2001
Principal Officer
Devonya Govan-Hunt
Website
www.bilingualpreschool.orgNTEE Category
Code: B21 - Education
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