Kindergarten Preparatory Preschool

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

EIN: 391169331 ✦ Waukesha, WI ✦ Designated as a 501(c)(3)

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Overview

What is Kindergarten Preparatory Preschool?

Kindergarten Preparatory Preschool is a not-for-profit educational institution situated in Waukesha, Wisconsin. Their primary focus is on delivering top-tier educational experiences for young children. By combining both education and care, they aim to support the development of preschoolers in a nurturing environment. Their mission is centred around providing high-quality learning opportunities for these young individuals, ensuring their growth and preparation for the next stages of their educational journey.


Official website here: www.kpreppreschool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - 69%

Kindergarten Preparatory Preschool has received a two-star rating from Charity Navigator, indicating a need for improvement in its financial accountability and governance practices. While the organization scores reasonably well in certain areas, such as having a majority of independent board members and a perfect program expense ratio, it has significant shortcomings in its financial documentation and policies. Notably, it lacks crucial policies related to conflicts of interest, whistleblower protections, and document retention.

Despite these governance issues, the preschool demonstrates strong programmatic focus, as evidenced by its 100% program expense ratio, which indicates that all of its expenses are directed towards its programs rather than administrative costs. Additionally, the organization has no reported material diversion of assets, suggesting a commitment to financial integrity. However, the absence of financial statements raises concerns about transparency and the ability of stakeholders to assess the organization's financial health.

The liabilities to assets ratio of -209.52% suggests that Kindergarten Preparatory Preschool is significantly over-leveraged, which can pose risks to its sustainability. To enhance its rating and overall effectiveness, it will need to address the noted deficiencies in governance policies and improve financial transparency.


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

Is Kindergarten Preparatory Preschool legitimate?

Kindergarten Preparatory Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kindergarten Preparatory 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: $276,831

For more financial information, click here


Official website here: www.kpreppreschool.com

What is the mission statement of Kindergarten Preparatory Preschool?

Kindergarten Preparatory Preschool, as an educational institution, is committed to delivering top-notch education to young children. Their mission is centered around providing a nurturing environment that supports the overall development of preschoolers, encompassing both their educational growth and care needs. The preschool aims to set a strong foundation for these young learners, fostering their intellectual, social, and emotional growth.


Official website here: www.kpreppreschool.com

Who is the CEO of Kindergarten Preparatory Preschool?

Elizabeth Van Slett is the Director of Kindergarten Preparatory Preschool.


Official website here: www.kpreppreschool.com

What is the revenue of Kindergarten Preparatory Preschool?

Kindergarten Preparatory Preschool's revenue in 2022 was $596,389.


Official website here: www.kpreppreschool.com

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

The average compensation at Kindergarten Preparatory Preschool during 2022 was $13,182. There are 21 employees at Kindergarten Preparatory Preschool.


Here are 6 key members and their salaries:


Elizabeth Van Slett (Director)
  • Compensation: $74,000
  • Related: $0
  • Other: $0
Jill Geiger (Office Manag)
  • Compensation: $8,030
  • Related: $0
  • Other: $0
Sonia Corona (General Boar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica I Marschall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Mckay (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kpreppreschool.com

Where can I find the form 990 for Kindergarten Preparatory Preschool?

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


Official website here: www.kpreppreschool.com

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

Mission Statement of Kindergarten Preparatory Preschool

Kindergarten Preparatory Preschool, as a nursery, preschool, or kindergarten institution, is committed to delivering top-notch educational experiences for young children. Their primary mission is to foster a learning environment that caters to the developmental needs of these preschoolers. The organization aims to provide a comprehensive educational and care system, ensuring that the children under its care receive the best possible start to their academic journey.

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Impact




July, 2024

Kindergarten Preparatory Preschool's impact is significant in providing high-quality education to young children in Waukesha, WI. Through their nursery, preschool, and kindergarten programs, they are shaping the educational foundation of preschoolers in their community. By focusing on the education and care of young children, Kindergarten Preparatory Preschool is setting the stage for their future academic success and overall development. Their dedication to providing a nurturing and enriching environment for children underscores their commitment to fostering a strong educational beginning for the young minds entrusted to their care.




This information is meant to be a general summary of Kindergarten Preparatory 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.

Revenue
$596,389 (2022)
Expenses
$441,295 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $596,389
  • Gross Receipts: $596,389

Assets and Liabilities:

  • Total Assets: $63,585
  • Total Liabilities: -$80,536
  • Net Assets: $144,121

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Programs

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

OPERATING REVENUE

Revenue

$588,749

FUNDRAISING

Revenue

$6,838

ADDTIONAL REVENUE

Revenue

$802

Organization Details

Founding Year

2006

Principal Officer

Elizabeth Van Slett

Main Address

W226 N555 EASTMOUND DRIVE, WAUKESHA, WI, 53186

NTEE Category

Code: B21 - Education

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