Overview
What is Little Folks School Inc?
Little Folks School Inc, located in Washington, DC, is a nonprofit organization that primarily focuses on early childhood education. With a mission to foster the holistic development of children, they offer programs such as nursery school, early school admissions, and kindergarten. The school's curriculum aims to nurture social, cognitive, physical, and aesthetic skills in children. Last year, Little Folks School Inc generated a total revenue of $1,902,414. This nonprofit is dedicated to providing a nurturing environment for young learners, shaping their foundational skills for future growth.
Official website here: www.littlefolks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Little Folks School Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. This rating indicates that while there are some strengths, there are significant areas where the organization can improve, particularly in its accountability and financial transparency.
The organization demonstrates strong governance with 90% independent board members and a solid program expense ratio of 88.80%, suggesting that a considerable portion of its resources is allocated directly to its programs. However, the lack of financial statements and missing policies for conflict of interest, whistleblowing, and document retention raise concerns about its commitment to transparency and best practices in nonprofit management.
Overall, while Little Folks School Inc shows promise in its program delivery and governance structure, the identified gaps in financial accountability and policy adherence highlight the need for improvement to enhance trust and effectiveness in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Little Folks School Inc legitimate?
Little Folks School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Folks School Inc 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: $202,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,056,644
For more financial information, click here
Official website here: www.littlefolks.org
What is the mission statement of Little Folks School Inc?
Little Folks School Inc's mission is centered around managing and operating a nursery school with the primary objective of fostering the social, cognitive, physical, and aesthetic skills of children. The school's mission is geared towards providing a nurturing environment that encourages the holistic development of young learners, preparing them for their future educational journeys. The nursery school caters to various age groups, offering programs such as early school admissions and kindergarten, aiming to lay a solid foundation for their overall growth and development.
Official website here: www.littlefolks.org
Who is the CEO of Little Folks School Inc?
James Gilroy is the Director of Little Folks School Inc.
Official website here: www.littlefolks.org
What is the revenue of Little Folks School Inc?
Little Folks School Inc's revenue in 2022 was $2,453,398.
Official website here: www.littlefolks.org
Who are the executives of Little Folks School Inc and what are their salaries?
The average compensation at Little Folks School Inc during 2022 was $29,991. There are 42 employees and 11 volunteers at Little Folks School Inc.
Here are 12 key members and their salaries:
- Compensation: $202,977
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Official website here: www.littlefolks.org
Where can I find the form 990 for Little Folks School Inc?
Little Folks School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.littlefolks.org
Learn more at the official website: www.littlefolks.org
Mission Statement of Little Folks School Inc
Little Folks School Inc, as its mission statement suggests, is dedicated to managing and operating a nursery school. The primary objective of this nonprofit organization is to foster the holistic development of children, encompassing their social, cognitive, physical, and aesthetic skills. By providing a nursery school setting, Little Folks School Inc aims to create an environment that nurtures the overall growth of young learners, setting a strong foundation for their future educational journeys. This mission is significant in contributing to the cognitive and emotional development of children, enabling them to navigate their world with confidence and competence.
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Impact
July, 2024
Little Folks School Inc plays a vital role in the educational development of young children in Washington, DC. Through its nursery school, early school admissions, and kindergarten programs, Little Folks School focuses on nurturing the social, cognitive, physical, and aesthetic skills of each child. Last year, the organization generated a total revenue of $1,902,414, indicating its significant impact in providing quality early childhood education. By fulfilling its mission to develop children's skills holistically, Little Folks School contributes to shaping well-rounded individuals who are prepared for future academic success.
This information is meant to be a general summary of Little Folks School Inc. 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: $5,760
- Program Service Revenue: $2,076,368
- Gross Receipts: $2,453,398
Assets and Liabilities:
- Total Assets: $6,856,418
- Total Liabilities: $2,886,542
- Net Assets: $3,969,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION
Revenue
$1,541,112
BUILDING - 3247 Q STREET
Revenue
$300,419
AFTER SCHOOL ENRICHMENT
Revenue
$231,348
APPLICATION FEES
Revenue
$3,489
Organization Details
Founding Year
1976
Phone
(202) 333-6571Principal Officer
James Gilroy
Main Address
3247 Q STREET NW, WASHINGTON, DC, 20007
Website
www.littlefolks.orgNTEE Category
Code: B21 - Education
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