Overview
What is Bethune Nursery School Inc?
Bethune Nursery School Inc, situated in Lynchburg, Virginia, is a nonprofit organization dedicated to offering nursery facilities, meals, physical and educational training, and general care for indigent children and children of mothers who work outside their homes. With a team of 18 dedicated individuals, the institution's mission is to foster the development and well-being of these children, providing them with essential resources to grow and learn in a nurturing environment. By offering these comprehensive services, Bethune Nursery School Inc aims to support not only the children but also their working mothers, ensuring a positive impact on their lives.
Official website here: www.marybethuneacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Bethune Nursery School Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 88%, which is based solely on its Accountability & Finance metrics. This score indicates that the organization demonstrates strong financial practices, with 100% of its board members being independent and well-structured oversight in place for financial statements. The program expense ratio is commendable at 86.27%, suggesting a significant portion of its funds is directed towards its core mission.
However, the organization does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which resulted in lower scores in those categories. Additionally, the absence of the tax form on the nonprofit's website could be seen as a transparency concern, which is important for donor trust and accountability.
Overall, Bethune Nursery School Inc shows a commitment to managing its finances responsibly while also providing a valuable service. Addressing the noted deficiencies in governance policies could further enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bethune Nursery School Inc legitimate?
Bethune Nursery School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethune Nursery 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $374,162
For more financial information, click here
Official website here: www.marybethuneacademy.org
What is the mission statement of Bethune Nursery School Inc?
Bethune Nursery School Inc's mission is centered around providing essential services for underprivileged children and children of working mothers. The organization offers nursery facilities, nutritious meals, physical training, educational instruction, and general care to indigent children. This mission aims to support these children's overall development, ensuring they receive a well-rounded education and care, enabling them to thrive despite their families' financial circumstances.
Official website here: www.marybethuneacademy.org
What is the revenue of Bethune Nursery School Inc?
Bethune Nursery School Inc's revenue in 2023 was $806,075.
Official website here: www.marybethuneacademy.org
Who are the executives of Bethune Nursery School Inc and what are their salaries?
The average compensation at Bethune Nursery School Inc during 2023 was $17,817. There are 21 employees and 25 volunteers at Bethune Nursery School Inc.
Here are 9 key members and their salaries:
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Official website here: www.marybethuneacademy.org
Where can I find the form 990 for Bethune Nursery School Inc?
Bethune Nursery School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marybethuneacademy.org
Learn more at the official website: www.marybethuneacademy.org
Mission Statement of Bethune Nursery School Inc
Bethune Nursery School Inc is committed to providing essential services for indigent children and children of working mothers. Their mission, as stated, involves offering nursery facilities, meals, physical and educational training, and general care. This nonprofit organization aims to ensure these children receive the necessary support and care while their mothers are employed outside their homes. By doing so, Bethune Nursery School Inc contributes to the well-being of these families, providing a nurturing environment that fosters their overall development. The institution's purpose is to ensure these children receive the care they need, allowing their mothers to maintain employment and provide for their families.
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Impact
July, 2024
Bethune Nursery School Inc provides crucial services to indigent children and children of working mothers in Lynchburg, VA. By offering nursery facilities, meals, physical and educational training, and general care, the organization plays a significant role in supporting the development and well-being of these vulnerable populations. The impact of Bethune Nursery School Inc extends beyond just providing childcare; it helps nurture and educate young minds, giving them a strong foundation for a brighter future. Through their mission, they are contributing to the educational development of children and supporting working mothers in balancing their professional and parental responsibilities.
This information is meant to be a general summary of Bethune Nursery 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 2023.
- Investment Income: $112
- Program Service Revenue: $218,364
- Gross Receipts: $806,075
Assets and Liabilities:
- Total Assets: $762,519
- Total Liabilities: $8,263
- Net Assets: $754,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$218,364
Organization Details
Founding Year
1936
Principal Officer
Karen Fitzgerald
Website
www.marybethuneacademy.orgNTEE Category
Code: B21 - Education
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