Park Slope Afterschool Center Corp

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

EIN: 453137193 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Park Slope Afterschool Center Corp?

Park Slope Afterschool Center Corp, a 501(c)(3) nonprofit organization, was established by parents of PS 107 students in Brooklyn, New York. Their primary mission is to offer an affordable, high-quality out-of-school-time childcare program for PS 107 students, extending from the end of school until 6 PM. The center provides a tranquil and supportive environment for students to complete their homework and also offers enrichment programs. With a dedicated team of 52 employees, their services include continuous care for pre-K to fifth-grade students, facilitating homework sessions, and offering valuable extracurricular activities.


Official website here: www.psafterschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

The Park Slope Afterschool Center Corp has achieved an 81% rating, reflecting strong accountability and financial management. The score is solely based on their performance in these areas, indicating a focus on maintaining transparency and ethical governance. With a fully independent board and comprehensive policies in place, they demonstrate a commitment to integrity and responsible oversight.

In terms of financial health, the organization excels with a program expense ratio of 90.91%, signifying that a substantial majority of their funds are directed towards their programs rather than administrative costs. Additionally, there is a very low liabilities to assets ratio of 1.13%, showcasing their financial stability and capacity to manage resources effectively.

While the organization has showcased robust controls and policies, there are no additional ratings or user experiences available that could provide further insight into its operational effectiveness or community impact. Overall, the Park Slope Afterschool Center Corp appears to be a reliable nonprofit in terms of fiscal responsibility and governance.


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

Is Park Slope Afterschool Center Corp legitimate?

Park Slope Afterschool Center Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Slope Afterschool Center Corp 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: $89,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $542,634

For more financial information, click here


Official website here: www.psafterschool.org

What is the mission statement of Park Slope Afterschool Center Corp?

Park Slope Afterschool Center Corp, a 501(c)(3) not-for-profit organization, was established by parents of students at P.S. 107 for the purpose of providing an affordable and high-quality out-of-school-time childcare program. The organization's primary mission is to provide continuous care for students from pre-kindergarten through fifth grade, extending from the end of school hours until 6 pm. A significant aspect of their services includes offering a tranquil and supportive space for students to complete their homework. Additionally, Park Slope Afterschool Center Corp provides enrichment programs, aiming to enhance the educational experience of the children.


Official website here: www.psafterschool.org

Who is the CEO of Park Slope Afterschool Center Corp?

Charlotte B Phillips is the Executive Director of Park Slope Afterschool Center Corp.


Official website here: www.psafterschool.org

What is the revenue of Park Slope Afterschool Center Corp?

Park Slope Afterschool Center Corp's revenue in 2022 was $1,195,966.


Official website here: www.psafterschool.org

Who are the executives of Park Slope Afterschool Center Corp and what are their salaries?

The average compensation at Park Slope Afterschool Center Corp during 2022 was $12,148. There are 52 employees and 18 volunteers at Park Slope Afterschool Center Corp.


Here are 9 key members and their salaries:


Jennifer May-Reddy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annabelle Lee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erick Ihlenburg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Rodriguez (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Mirian (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunice Lee (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Daniels (Technology Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Pudavick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte B Phillips (Executive Director)
  • Compensation: $74,565
  • Related: $0
  • Other: $11,497


Official website here: www.psafterschool.org

Where can I find the form 990 for Park Slope Afterschool Center Corp?

Park Slope Afterschool Center Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.psafterschool.org

Learn more at the official website: www.psafterschool.org

Mission Statement of Park Slope Afterschool Center Corp

Park Slope Afterschool Center Corp, a 501(c)(3) not-for-profit organization, was established by parents of students attending P.S. 107, a New York City public school in Kings County. The primary mission of this organization is to provide an affordable, high-quality out-of-school-time childcare program for children attending P.S. 107, ranging from pre-kindergarten to fifth grade. The center aims to extend care for these students beyond the school day, offering support until 6 pm.

The Park Slope Afterschool Center Corp. is committed to providing a quiet and supportive environment for students to complete their homework. Recognizing the importance of educational growth outside of school hours, the center offers valuable enrichment programs to supplement their learning experience. These programs enrich the students' lives, fostering their development in various aspects. By offering these services, the Park Slope Afterschool Center Corp. aims to support the academic and personal growth of its students, ensuring they have a well-rounded educational experience.

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Impact




July, 2024

The impact of Park Slope Afterschool Center Corp is significant in providing an out-of-school-time child care and afterschool educational program for children attending P.S. 107, a New York City public school located in Kings County, New York. PSACC offers continual care for pre-kindergarten students through fifth grade from the time school ends until 6 PM, providing a quiet and supportive space for homework completion, as well as valuable enrichment programs. PSACC's mission is to provide an affordable quality childcare program for P.S. 107 students, contributing to their overall educational development and well-being.




This information is meant to be a general summary of Park Slope Afterschool Center Corp. 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
$1,195,966 (2022)
Expenses
$984,606 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15
  • Program Service Revenue: $1,044,566
  • Gross Receipts: $1,195,966

Assets and Liabilities:

  • Total Assets: $331,319
  • Total Liabilities: $2,820
  • Net Assets: $328,499

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Programs

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

PROGRAM TUITION

Revenue

$1,044,566

Organization Details

Founding Year

2011

Principal Officer

Charlotte B Phillips

Main Address

320 SEVENTH AVE PMB 315, BROOKLYN, NY, 112154315

NTEE Category

Code: B90 - Education

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