Overview
What is Sullivan Preschool?
Sullivan Preschool is a nonprofit organization that primarily focuses on providing day care services for approximately 72 children. Their mission encompasses offering a variety of programs to cater to the needs of these children. The preschool is dedicated to ensuring a nurturing environment for the children in its care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Sullivan Preschool has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 82%. This score is based entirely on its Accountability & Finance metrics, indicating that the organization maintains a robust framework for managing its finances and operations effectively.
The preschool demonstrates strengths in several key areas, including having an entirely independent board and a high program expense ratio of 87.39%. This suggests that the majority of its funds are directed toward its programs rather than administrative costs, which is a positive indicator for potential donors. The organization also shows transparency by documenting board meeting minutes and maintaining a low liabilities to assets ratio of 9.90%, showcasing sound financial health.
While the overall rating is favorable, the limited scope of evaluation based solely on financial criteria may not provide a complete picture of the organization's impact on the community. Potential supporters may want to consider additional qualitative factors when assessing the effectiveness of Sullivan Preschool in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sullivan Preschool legitimate?
Sullivan Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sullivan 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: $80,790
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,147
For more financial information, click here
What is the mission statement of Sullivan Preschool?
Sullivan Preschool's mission is centered around providing day care services for approximately 72 children. The preschool offers a variety of programs to cater to the needs of these children. In essence, Sullivan Preschool is committed to creating a nurturing environment where young children can grow and learn. The preschool's activities are geared towards fostering the overall development of the children in its care. It is not specified in the provided information if Sullivan Preschool has a broader mission related to education, social development, or any specific educational philosophy. Therefore, the available data only indicates that the preschool provides day care services and various programs for the children under its care.
Who is the CEO of Sullivan Preschool?
Emily Homer is the President of Sullivan Preschool.
What is the revenue of Sullivan Preschool?
Sullivan Preschool's revenue in 2023 was $800,155.
Who are the executives of Sullivan Preschool and what are their salaries?
The average compensation at Sullivan Preschool during 2023 was $18,224. There are 22 employees at Sullivan Preschool.
Here are 8 key members and their salaries:
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- Compensation: $3,012
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- Compensation: $6,696
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- Compensation: $50,581
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- Other: $0
Where can I find the form 990 for Sullivan Preschool?
Sullivan Preschool's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sullivan Preschool
Sullivan Preschool, a nonprofit institution, is dedicated to providing day care services for approximately 72 children. The organization offers a variety of programs aimed at fostering the growth and development of these young individuals. By offering day care services, Sullivan Preschool plays a vital role in supporting families by providing a safe and nurturing environment for their children during the day.
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Impact
October, 2024
Sullivan Preschool plays a vital role in the community by providing day care services for approximately 72 children. Its programs are designed to foster early childhood education and development, creating a nurturing environment where children can learn and grow. By offering structured activities and educational opportunities, Sullivan Preschool helps to prepare young children for future academic success while also supporting working families in Sullivan, IL. The impact of this preschool extends beyond the individual children, contributing to a stronger, more educated community and providing parents with reliable care options.
This information is meant to be a general summary of Sullivan 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: $283
- Program Service Revenue: $420,903
- Gross Receipts: $800,155
Assets and Liabilities:
- Total Assets: $816,578
- Total Liabilities: $80,866
- Net Assets: $735,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY CARE SERVICES
Revenue
$420,903
Organization Details
Founding Year
2008
Phone
(217) 728-7511Principal Officer
Emily Homer
Main Address
10 HAWTHORNE LANE, SULLIVAN, IL, 61951
NTEE Category
Code: B21 - Education
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