Overview
What is Parkside Preschool Center Ltd?
Parkside Preschool Center Ltd, situated in Merrill, Wisconsin, is a nonprofit organization primarily focused on delivering top-notch daycare services to local children. Their objective is to ensure a nurturing and high-quality environment for the children in their care. The center is dedicated to contributing positively to the community by providing essential early childhood education and care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 67%)
Parkside Preschool Center Ltd has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 67%. The organization boasts a strong accountability aspect, with 100% of its board members being independent and maintaining a solid liabilities to assets ratio of 16.62%. Additionally, it has an impressive program expense ratio of 96.37%, indicating that the majority of its funds are allocated towards its programs.
However, the organization faces significant limitations, particularly in governance and transparency. It has not provided financial statements, and several critical policies, including conflict of interest and whistleblower policies, are missing. The absence of these essential documents and policies may raise concerns regarding operational transparency and risk management.
Overall, while Parkside Preschool Center Ltd demonstrates strengths in board independence and program spending, the lack of essential governance documentation and transparency measures suggests areas needing improvement to enhance trust and accountability among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Parkside Preschool Center Ltd legitimate?
Parkside Preschool Center Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkside Preschool Center Ltd 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: $4,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $499,493
For more financial information, click here
What is the mission statement of Parkside Preschool Center Ltd?
Parkside Preschool Center's mission is centered around providing top-notch daycare services to children residing in the area. This mission-driven childcare facility is committed to delivering high-quality care, ensuring the well-being and development of each child under its care. The center's primary objective is to cater to the needs of these children, promoting their growth and learning in a nurturing environment.
Who is the CEO of Parkside Preschool Center Ltd?
Keith Cohrs is the Treasurer of Parkside Preschool Center Ltd.
What is the revenue of Parkside Preschool Center Ltd?
Parkside Preschool Center Ltd's revenue in 2022 was $704,478.
Who are the executives of Parkside Preschool Center Ltd and what are their salaries?
The average compensation at Parkside Preschool Center Ltd during 2022 was $20,989. There are 24 employees at Parkside Preschool Center Ltd.
Here are 9 key members and their salaries:
- Compensation: $4,250
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- Other: $0
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- Other: $0
Where can I find the form 990 for Parkside Preschool Center Ltd?
Parkside Preschool Center Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Parkside Preschool Center Ltd
Parkside Preschool Center, as a child daycare center, is committed to providing top-notch daycare services to the local community's children. Their mission, in simpler terms, is centered around ensuring the delivery of superior daycare experiences to the area's young ones. By focusing on quality, Parkside Preschool Center aims to make a positive impact on the lives of these children, setting them up for successful early learning experiences.
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Impact
July, 2024
Parkside Preschool Center Ltd's impact is significant in providing high-quality daycare services to children in the Merrill, WI area. Through its mission of ensuring that area children receive top-notch care, the center plays a crucial role in supporting families and the community by offering a safe and nurturing environment for children to learn and grow. By focusing on delivering excellent childcare services, Parkside Preschool Center Ltd positively impacts the lives of children and their families, contributing to the overall well-being and development of the community.
This information is meant to be a general summary of Parkside Preschool Center Ltd. 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 2022.
- Investment Income: $12
- Program Service Revenue: $560,121
- Gross Receipts: $704,478
Assets and Liabilities:
- Total Assets: $289,868
- Total Liabilities: $76,598
- Net Assets: $213,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE
Revenue
$560,121
Organization Details
Phone
(715) 536-7716Principal Officer
Keith Cohrs
Main Address
207 E 1ST ST, MERRILL, WI, 54452
NTEE Category
Code: P33Z - Human services
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