Overview
What is Preschool Playhouse Corporation?
Preschool Playhouse Corporation is a nonprofit organization situated in Turtle Lake, Wisconsin, specifically at 320 Pine Street. Their primary objective is to provide a secure and educational environment for children aged between one and ten. The organization currently has the capacity to accommodate up to 45 children, ensuring they receive quality early education and learning experiences. With a dedicated team of four employees, Preschool Playhouse Corporation is committed to fostering the growth and development of young minds in a nurturing and supportive setting.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that the Preschool Playhouse Corporation has room for improvement, particularly in areas related to transparency and governance. The score reflects a strong performance in accountability and finance, with a perfect score for independent board members and no material diversion of assets.
Among the organization's strengths, it reports an impressive program expense ratio of 82.76%, suggesting that a significant portion of its funds directly supports its activities. Additionally, the low liabilities to assets ratio of 8.56% indicates financial stability. However, the nonprofit faces challenges related to transparency as it is missing key policies and aspects, such as a conflict of interest policy and a whistleblower policy, which are crucial for governance.
Overall, while the Preschool Playhouse Corporation demonstrates financial responsibility and efficiency, its lack of essential policies and missing information on its website could hinder trust and oversight. Improvements in these areas could enhance its transparency and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Preschool Playhouse Corporation legitimate?
Preschool Playhouse Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preschool Playhouse Corporation 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: $66,341
For more financial information, click here
What is the mission statement of Preschool Playhouse Corporation?
The Preschool Playhouse Corporation is dedicated to providing a safe and educational environment for children between the ages of one and ten. Their mission is to cater to this age group, currently accommodating up to 45 children. The corporation focuses on educating and fostering learning in these young minds, aiming to contribute positively to their developmental journey.
Who is the CEO of Preschool Playhouse Corporation?
Tracy Nykanen is the Treasurer of Preschool Playhouse Corporation.
What is the revenue of Preschool Playhouse Corporation?
Preschool Playhouse Corporation's revenue in 2022 was $74,652.
Who are the executives of Preschool Playhouse Corporation and what are their salaries?
The average compensation at Preschool Playhouse Corporation during 2022 was $16,585. There are 4 employees and 5 volunteers at Preschool Playhouse Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Preschool Playhouse Corporation?
Preschool Playhouse Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Preschool Playhouse Corporation
Preschool Playhouse Corporation, a respected organization, is committed to providing a nurturing and educational environment for children ranging from one to ten years old. Their mission, as stated, is to ensure the safety and development of these young minds. Currently, they have the capacity to accommodate up to 45 children, demonstrating their dedication to catering to a significant number of young learners. The corporation focuses on offering an education and learning experience to these children, fostering their growth and development during their formative years.
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Impact
August, 2024
Preschool Playhouse Corporation's impact lies in providing a safe and educational environment for children aged one to ten in Turtle Lake, WI. By offering education and learning opportunities to these young individuals, the organization plays a crucial role in their early development and growth. With a capacity to serve up to 45 children, Preschool Playhouse Corporation is making a tangible difference in the lives of these youngsters and contributing to the community's human services sector.
This information is meant to be a general summary of Preschool Playhouse Corporation. 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: $10
- Program Service Revenue: $68,341
- Gross Receipts: $77,001
Assets and Liabilities:
- Total Assets: $12,691
- Total Liabilities: $1,087
- Net Assets: $11,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$68,341
Organization Details
Founding Year
1980
Phone
(715) 986-4343Principal Officer
Tracy Nykanen
Main Address
320 PINE ST, TURTLE LAKE, WI, 54889
NTEE Category
Code: P33Z - Human services
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