Overview
What is Amalgamated Nursery School?
Amalgamated Nursery School is a nonprofit institution situated in an unspecified location. Its primary focus is on providing a pre-school educational environment for children ranging from 2 to 5 years old. The school employs a team of 18 regular staff members, including the Director, Head Teachers, Assistant Teachers, Music Specialist Substitutes, and Custodial Workers. The organization offers competitive remuneration to its staff and extends various benefits, such as insurance premiums covering worker's compensation, accident, and disability protection, to 65 students and 18 regular staff members. This comprehensive benefits package is a testament to Amalgamated Nursery School's commitment to supporting its staff and ensuring a secure and nurturing environment for its young students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Amalgamated Nursery School demonstrates some accountability and financial health, there are significant areas in which it falls short, particularly regarding transparency and governance practices.
The organization shows strengths in having a fully independent board and a low liabilities to assets ratio, which reflects sound financial management. Additionally, a high program expense ratio of 85.36% suggests that a substantial portion of its funds is directed toward its programs rather than administrative costs. These factors contribute positively to its overall evaluation.
However, Amalgamated Nursery School has multiple deficiencies that negatively impact its rating. The absence of key policies such as a conflict of interest policy, a whistleblower policy, and missing financial statements raise concerns about transparency and governance. Additionally, the lack of posted tax forms and website links on its nonprofit documentation can hinder public trust and accessibility to important organizational information.
This AI summary has been generated from information found on Charity Navigator.
Is Amalgamated Nursery School legitimate?
Amalgamated Nursery School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amalgamated Nursery School 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: $73,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,657
For more financial information, click here
What is the mission statement of Amalgamated Nursery School?
Amalgamated Nursery School's primary focus is to operate a pre-school for children between the ages of 2 and 5. The institution ensures the employment of various staff members, including the Director, Head Teachers, Assistant Teachers, Music Specialist Substitutes, and Custodial Workers. The school provides benefits such as insurance premiums that cover worker's compensation, accidents, and disability protection for both the 65 students and the 18 regular staff members. While the mission statement is not explicitly stated in the provided information, it can be inferred that the school's mission is to provide a nurturing and educational environment for young children, ensuring the well-being of both students and staff.
Who is the CEO of Amalgamated Nursery School?
Kenneth A Solomon is the Director of Amalgamated Nursery School.
What is the revenue of Amalgamated Nursery School?
Amalgamated Nursery School's revenue in 2023 was $765,438.
Who are the executives of Amalgamated Nursery School and what are their salaries?
The average compensation at Amalgamated Nursery School during 2023 was $37,704. There are 13 employees and 1 volunteer at Amalgamated Nursery School.
Here are 3 key members and their salaries:
- Compensation: $73,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Amalgamated Nursery School?
Amalgamated Nursery School's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Amalgamated Nursery School
Amalgamated Nursery School, a pre-school institution, is dedicated to serving children between the ages of 2 and 5. Its mission is to provide an educational environment that goes beyond just early learning. The school employs a team of staff members, including the Director, Head Teachers, Assistants, Music Specialist Substitutes, and Custodial Workers, ensuring a well-rounded and supportive learning atmosphere. Moreover, Amalgamated Nursery School offers its employees various benefits, such as insurance coverage for worker's compensation, accidents, and disability protection, catering to the well-being of its 65 students and 18 regular staff members. The school's mission is focused on providing a nurturing and secure space for young learners, while also prioritizing the welfare of its staff.
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Impact
July, 2024
Amalgamated Nursery School positively impacts the community by providing a high-quality pre-school education for children aged 2 to 5 in the Bronx, NY. The school not only focuses on the educational development of young children but also supports the local economy by offering salaries and wages to its staff members, including teachers, specialists, and custodial workers. Additionally, the school provides benefits such as insurance coverage for its 65 students and 18 regular staff members, ensuring their well-being and security. Overall, Amalgamated Nursery School plays a crucial role in promoting early childhood education and supporting the welfare of families in the community.
This information is meant to be a general summary of Amalgamated Nursery School. 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: $343
- Program Service Revenue: $714,947
- Gross Receipts: $765,438
Assets and Liabilities:
- Total Assets: $306,486
- Total Liabilities: $200
- Net Assets: $306,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Fees
Revenue
$714,147
Registration Fees
Revenue
$800
After-School Program
Organization Details
Founding Year
2018
Phone
(718) 543-8688Principal Officer
Kenneth A Solomon
Main Address
3980 Orloff Avenue, Bronx, NY, 10463
NTEE Category
Code: P33 - Human services
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