St Thomas Preschool

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

EIN: 465195776 ✦ Milpitas, CA ✦ Designated as a 501(c)(3)

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Overview

What is St Thomas Preschool?

St. Thomas Preschool is a nonprofit organization situated in Milpitas, California. Their primary mission is to establish a nurturing environment for young learners, allowing them to embark on their educational journey with joy. The preschool promotes a sense of acceptance and love towards God within each child under their care. Their programs are designed to foster learning and development, making their Milpitas location a hub for early childhood education and growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating). The rating reflects the organization's strong performance in accountability and finance with a perfect score in that category. However, a significant concern is the lack of independent board members, which highlights a potential governance issue.

St Thomas Preschool has demonstrated a commitment to financial health with a low liabilities to assets ratio of 0.04%, indicating solid management of its resources. Additionally, the organization allocates a high percentage of its expenses (97.40%) directly to programs, suggesting a focus on its mission and services.

On the other hand, the organization needs to address its transparency and governance practices, as it lacks independent board members and has missing documents such as board meeting minutes and tax forms on its website. These gaps could affect stakeholder trust and overall perceptions of the nonprofit's integrity.


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

Is St Thomas Preschool legitimate?

St Thomas Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Thomas 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: $25,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,586

For more financial information, click here

What is the mission statement of St Thomas Preschool?

St. Thomas Preschool's mission is centered around cultivating an educational environment that allows young minds to flourish. This nurturing space is designed to instill a sense of joy in learning for each child, while also fostering a feeling of acceptance and love, symbolizing God's presence. The preschool aims to provide an all-encompassing educational experience that caters to the emotional and intellectual developments of its students.

Who is the CEO of St Thomas Preschool?

Fr Ligory Philips Kattiakaran is the Ceo of St Thomas Preschool. The CEO's salary of St Thomas Preschool is $0 and their total compensation is $0.

What is the revenue of St Thomas Preschool?

St Thomas Preschool's revenue in 2023 was $474,814.

Who are the executives of St Thomas Preschool and what are their salaries?


There is 1 key member and their salary:


Fr Ligory Philips (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Thomas Preschool?

St Thomas Preschool's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Thomas Preschool

St. Thomas Preschool is dedicated to establishing an educational setting that allows young minds to flourish in the delight of learning. Within this environment, each child is embraced with the sense of acceptance and love that stems from their belief in God. The preschool's mission is centered around providing opportunities for children to explore their curiosity and develop a strong foundation for their future learning experiences, all while being nurtured in the warmth of God's love.

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Impact




July, 2024

St. Thomas Preschool's impact can be seen in the lives of the young children who attend and experience the joy of learning in a welcoming environment. Through their programs, children are provided with a space where they can feel accepted and loved by God, fostering a positive and nurturing atmosphere for their development. By prioritizing education and creating a supportive community, St. Thomas Preschool plays a crucial role in shaping the early experiences and learning foundation of the children in their care.




This information is meant to be a general summary of St Thomas 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
$474,814 (2023)
Expenses
$397,553 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $33
  • Program Service Revenue: $474,781
  • Gross Receipts: $474,814

Assets and Liabilities:

  • Total Assets: $244,877
  • Total Liabilities: $119
  • Net Assets: $244,758

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Programs

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

PRESCHOOL

Revenue

$474,781

Organization Details

Founding Year

2014

Principal Officer

Fr Ligory Philips Kattiakaran

Main Address

200 N Abbott Ave, Milpitas, CA, 95035

NTEE Category

Code: B21 - Education

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