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Grace Lu Preschool & Kindergarten

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

EIN: 461584415 ✦ Corona, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grace Lu Preschool & Kindergarten?

Grace Lu Preschool & Kindergarten is a Christian-based educational institution located in Corona, California. With a team of nine dedicated individuals, the preschool and kindergarten cater to children within these age groups. The primary mission of Grace Lu Preschool & Kindergarten is to collaborate with parents in nurturing and educating young children, integrating spiritual teachings into their daily activities. The institution aims to fulfill the Great Commission by reaching out to the community and the world with the gospel of Jesus Christ, providing a spiritual growth center for its entire community. The preschool offers teachers, lessons, and play activities that incorporate Jesus Christ into children's lives, creating a holistic learning environment.


Official website here: www.gracelutherancorona.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Grace Lu Preschool & Kindergarten has received a One-Star rating from Charity Navigator, reflecting a score of 54%. This low rating indicates significant concerns regarding the organization's accountability and financial practices. Key issues include a lack of independent board members and missing policies related to conflicts of interest, whistleblower protections, and document retention.

Despite these weaknesses, the organization does show strengths in certain areas, such as having no liabilities relative to its assets and a program expense ratio of 100%, suggesting that all funds are directed towards program activities. However, the absence of critical financial documents and transparency measures raises flags about governance and accountability.

Overall, while Grace Lu Preschool & Kindergarten allocates its funds towards its mission, the lack of independent oversight and important organizational policies could impact its effectiveness and credibility. Potential donors and supporters should consider these factors when evaluating their contributions.


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

Is Grace Lu Preschool & Kindergarten legitimate?

Grace Lu Preschool & Kindergarten is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Lu Preschool & Kindergarten 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: $50,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,816

For more financial information, click here


Official website here: www.gracelutherancorona.com

What is the mission statement of Grace Lu Preschool & Kindergarten?

Grace Lu Preschool & Kindergarten is a ministry committed to forming a partnership with parents to nurture and educate young children. Their mission is to create an environment that fosters spiritual growth and brings Jesus Christ into the lives of children. This is achieved through the provision of teachers, lessons, and play activities. The preschool strives to meet the challenge of the Great Commission by reaching out to the community and the world, spreading the gospel of the Lord Jesus Christ. It serves as a spiritual center for its entire community.


Official website here: www.gracelutherancorona.com

Who is the CEO of Grace Lu Preschool & Kindergarten?

Lisa Hatton is the Director of Grace Lu Preschool & Kindergarten.


Official website here: www.gracelutherancorona.com

What is the revenue of Grace Lu Preschool & Kindergarten?

Grace Lu Preschool & Kindergarten's revenue in 2023 was $513,225.


Official website here: www.gracelutherancorona.com

Who are the executives of Grace Lu Preschool & Kindergarten and what are their salaries?

The average compensation at Grace Lu Preschool & Kindergarten during 2023 was $27,691. There are 9 employees at Grace Lu Preschool & Kindergarten.


There is 1 key member and their salary:


Lisa Hatton (Director)
  • Compensation: $50,400
  • Related: $0
  • Other: $0


Official website here: www.gracelutherancorona.com

Where can I find the form 990 for Grace Lu Preschool & Kindergarten?

Grace Lu Preschool & Kindergarten's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gracelutherancorona.com

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

Mission Statement of Grace Lu Preschool & Kindergarten

Grace Lu Preschool & Kindergarten is a ministry dedicated to fostering and educating young children in a Christian environment. Its mission is to serve as a collaborative partner with parents, offering teachers, lessons, and play activities that introduce Jesus Christ into the lives of the children attending. Grace Lutheran Preschool & Kindergarten aims to meet the challenge of the Great Commission, reaching out to the community and the world with the Gospel of the Lord Jesus Christ. Furthermore, the preschool serves as a center for spiritual growth for its entire community. By providing a nurturing and educational environment, Grace Lu Preschool & Kindergarten seeks to share the teachings of Jesus Christ and encourage spiritual development in young children.

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Impact




July, 2024

Grace Lu Preschool & Kindergarten's impact can be seen in the holistic education and spiritual growth it provides to young children. By partnering with parents, the school nurtures and educates children in the teachings of Jesus Christ, instilling important values and beliefs from a young age. Through its curriculum and activities, Grace Lu Preschool & Kindergarten not only educates academically but also fosters spiritual development, creating a strong foundation for children's future growth and development. Additionally, by reaching out to the community with the Gospel, the school serves as a beacon of faith and a center for spiritual growth for all involved.




This information is meant to be a general summary of Grace Lu Preschool & Kindergarten. 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
$513,225 (2023)
20162017201820192020202120222023$0$150k$300k$450k$600k
Expenses
$515,460 (2023)
20162017201820192020202120222023$0$150k$300k$450k$600k
Efficiency
201620172018201920202021202220230%15%30%45%60%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $513,225
  • Gross Receipts: $513,225

Assets and Liabilities:

  • Total Assets: $5,422
  • Total Liabilities: $0
  • Net Assets: $5,422

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Programs

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

TUITION & REGISTRATION

Revenue

$513,225

Organization Details

Founding Year

2012

Principal Officer

Lisa Hatton

Main Address

1114 W ONTARIO AVE, CORONA, CA, 928825878

NTEE Category

Code: B12 - Education

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