Overview
What is La Escuelita Inc?
La Escuelita Inc is a nonprofit organization based in New York City, specifically at 225 West 99th Street, New York, NY 10025. Their primary mission is to establish and operate a bilingual preschool and daycare center, catering to both English and Spanish-speaking children. With a workforce of 23 individuals, La Escuelita Inc aims to provide early education and care in a bilingual environment, fostering linguistic and cultural diversity among young learners.
Official website here: www.laescuelitanyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
La Escuelita Inc has received a two-star rating from Charity Navigator, reflecting a score of 68%. The organization demonstrates strong governance with a fully independent board and a solid program expense ratio of 83.36%, indicating that a significant portion of its funds is directed towards its mission-related activities. The presence of essential policies, including conflict of interest and whistleblower protections, further highlights its commitment to accountability.
However, there are notable weaknesses in the financial reporting aspect of the organization. La Escuelita Inc has not provided financial statements, receiving a score of zero in that area, which raises concerns about transparency. Additionally, while the organization maintains a reasonable liabilities to assets ratio of 67.18%, the overall financial health and sustainability of its operations could be better communicated through publicly available documents.
In summary, while La Escuelita Inc showcases strengths in governance and program expenditure, significant gaps in financial reporting limit its overall efficacy and transparency. Addressing these issues could enhance its accountability and foster greater trust among stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is La Escuelita Inc legitimate?
La Escuelita Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Escuelita 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $795,518
For more financial information, click here
Official website here: www.laescuelitanyc.org
What is the mission statement of La Escuelita Inc?
La Escuelita Inc's mission is centered around establishing and managing a bilingual preschool and day care center. Their primary goal is to provide a bilingual educational environment for children, fostering their development and growth in a linguistically diverse setting. This mission is reflected in their operations, which aim to offer a high-quality early learning experience for the children under their care.
Official website here: www.laescuelitanyc.org
Who is the CEO of La Escuelita Inc?
Kevin Woodruff is the Treasurer of La Escuelita Inc.
Official website here: www.laescuelitanyc.org
What is the revenue of La Escuelita Inc?
La Escuelita Inc's revenue in 2022 was $2,195,730.
Official website here: www.laescuelitanyc.org
Who are the executives of La Escuelita Inc and what are their salaries?
The average compensation at La Escuelita Inc during 2022 was $34,588. There are 23 employees at La Escuelita Inc.
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Official website here: www.laescuelitanyc.org
Where can I find the form 990 for La Escuelita Inc?
La Escuelita Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laescuelitanyc.org
Learn more at the official website: www.laescuelitanyc.org
Mission Statement of La Escuelita Inc
La Escuelita Inc, a notable organization, is dedicated to establishing and operating a bilingual preschool and daycare center. This mission is geared towards providing a nurturing environment for children, fostering their development in both English and their native language. By operating this preschool and daycare center, La Escuelita Inc aims to contribute to the overall growth and education of these young learners.
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Impact
July, 2024
La Escuelita Inc's impact lies in providing a valuable bilingual preschool and daycare center in New York City. By offering a nurturing and educational environment for young children, La Escuelita Inc contributes to their development and early education in both English and Spanish. This organization plays a vital role in preparing children for future academic success and fostering cultural and linguistic diversity from a young age. Through its mission of operating a bilingual preschool and daycare center, La Escuelita Inc positively influences the lives of the children and families it serves, ultimately impacting the community as a whole.
This information is meant to be a general summary of La Escuelita 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: $2,688
- Program Service Revenue: $1,432,617
- Gross Receipts: $2,195,730
Assets and Liabilities:
- Total Assets: $1,776,673
- Total Liabilities: $473,692
- Net Assets: $1,302,981
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,432,617
Organization Details
Founding Year
2003
Principal Officer
Kevin Woodruff
Main Address
225 WEST 99TH ST, NEW YORK, NY, 10025
Website
www.laescuelitanyc.orgNTEE Category
Code: B052 - Education
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