Pals Preschool And Kindergarten

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371154987 ✦ Peoria heights, IL ✦ Designated as a 501(c)(3)

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Overview

What is Pals Preschool And Kindergarten?

Pals Preschool And Kindergarten is a nonprofit organization situated in Peoria Heights, Illinois, with a specific focus on early education. The organization was established with the purpose of establishing and running preschool programs. Currently, it operates two schools, catering to approximately 230 students. The organization employs a team of 107 individuals, dedicated to nurturing and educating the young minds in their care.


Official website here: www.palschools.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Pals Preschool and Kindergarten has earned a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. With an overall score of 84%, the organization demonstrates strong financial management, highlighted by a high program expense ratio of 86.86%. This suggests that the majority of its expenditures are directed toward its educational programs, which is a positive indicator for potential donors.

Despite its strengths, the organization does have some limitations in governance practices. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are important for maintaining transparency and accountability. Additionally, while the board composition includes a majority of independent members, the absence of certain governance documents may raise concerns regarding oversight.

Overall, while Pals Preschool and Kindergarten shows commendable financial health and program focus, addressing its governance gaps could enhance its credibility and trustworthiness among supporters and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Pals Preschool And Kindergarten legitimate?

Pals Preschool And Kindergarten is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pals Preschool And Kindergarten 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,961,278

For more financial information, click here


Official website here: www.palschools.com

What is the mission statement of Pals Preschool And Kindergarten?

Pals Preschool and Kindergarten was established with the primary objective of establishing two preschools. The organization's activities primarily revolve around providing educational services to a total of 223 students across these schools. In simpler terms, the mission of Pals Preschool and Kindergarten is to offer high-quality early education to a significant number of young learners. While the provided information does not specify any additional goals or objectives, it can be inferred that the organization aims to provide a nurturing and stimulating environment for its students, fostering their growth and development in preparation for their future educational journey.


Official website here: www.palschools.com

Who is the CEO of Pals Preschool And Kindergarten?

Carol A Lund is the Vice President of Pals Preschool And Kindergarten.


Official website here: www.palschools.com

What is the revenue of Pals Preschool And Kindergarten?

Pals Preschool And Kindergarten's revenue in 2022 was $3,954,949.


Official website here: www.palschools.com

Who are the executives of Pals Preschool And Kindergarten and what are their salaries?

The average compensation at Pals Preschool And Kindergarten during 2022 was $19,171. There are 107 employees at Pals Preschool And Kindergarten.


Here are 4 key members and their salaries:


Kristin N Lund (Vice President)
  • Compensation: $90,000
  • Related: $0
  • Other: $0
Carol A Lund (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas C Lund (Vp/Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew R Lund (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.palschools.com

Where can I find the form 990 for Pals Preschool And Kindergarten?

Pals Preschool And Kindergarten's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.palschools.com

Learn more at the official website: www.palschools.com

Mission Statement of Pals Preschool And Kindergarten

Pals Preschool and Kindergarten was established with a mission to establish a preschool, catering to the educational needs of young children. The organization operates two schools, serving a total of 223 students. Their primary activity revolves around providing early education, shaping the minds of the future generation. The preschool aims to foster a nurturing environment for children, providing them with the necessary tools and knowledge for their formative years.

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Impact




October, 2024

Pals Preschool And Kindergarten significantly impacts the Peoria Heights community by providing high-quality early childhood education to approximately 230 students across two schools. Their focus on establishing a nurturing and engaging learning environment fosters the growth and development of young children, preparing them for future academic success.

The organization implements a curriculum designed to enhance cognitive, social, and emotional skills, ensuring that each child receives individualized attention and support. By serving 223 students, Pals Preschool And Kindergarten plays a vital role in promoting early education in the area, setting a foundation for lifelong learning and development.

Moreover, the presence of these schools strengthens community ties, as families are encouraged to participate in school activities, fostering a supportive network. Through their commitment to education, Pals Preschool And Kindergarten helps shape the future of the community by equipping the next generation with essential skills and knowledge.




This information is meant to be a general summary of Pals Preschool And Kindergarten. 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.

Revenue
$3,954,949 (2022)
Expenses
$3,443,712 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,249
  • Program Service Revenue: $3,278,384
  • Gross Receipts: $3,954,949

Assets and Liabilities:

  • Total Assets: $5,059,462
  • Total Liabilities: $407,707
  • Net Assets: $4,651,755

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES CHILD CARE PROGRAMS

Revenue

$3,247,400

SUMMER SCHOOL & OTHER PGM

Revenue

$30,984

Organization Details

Founding Year

1983

Principal Officer

Carol A Lund

Main Address

4541 N PROSPECT RD 102B, PEORIA HEIGHTS, IL, 61616

NTEE Category

Code: B60 - Education

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