Overview
What is Lake Anne Nursery Kindergarten Inc?
Lake Anne Nursery Kindergarten Inc is a nonprofit institution situated in Reston, Virginia. Focusing on pre-school education, they offer half-day programs to a student body of 152. The organization is affiliated with a general religious body, serving as its platform to impart early learning experiences. Their mission is centered around providing quality pre-school education within a religious context.
Official website here: www.lankschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Lake Anne Nursery Kindergarten Inc has received an overall score of 81%, reflecting a strong focus on accountability and finance. This rating is derived entirely from a single beacon score, demonstrating a commitment to transparency and responsible financial management. The organization boasts a high percentage of independent board members, which is a positive indicator of governance integrity.
Strengths of Lake Anne Nursery Kindergarten include a perfect score in material diversion of assets, meaning there are no concerns regarding mismanagement of resources. Additionally, the organization scores excellently in program expense ratio, with 95.26% of its budget allocated directly to its programs, ensuring that most funds are directed towards its mission. The presence of comprehensive policies, including conflict of interest and whistleblower policies, further supports its commitment to ethical operation.
While the charity performs well in various aspects, the score reflects a singular focus on financial and accountability metrics without an evaluation of program impact or effectiveness. This indicates that while the organization is financially sound, additional insights into program outcomes would provide a more rounded view of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Anne Nursery Kindergarten Inc legitimate?
Lake Anne Nursery Kindergarten Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Anne Nursery Kindergarten 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: $192,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,920
For more financial information, click here
Official website here: www.lankschool.com
What is the mission statement of Lake Anne Nursery Kindergarten Inc?
Lake Anne Nursery Kindergarten Inc's mission is centered around providing a high-quality pre-school education. Operated by a general religious organization, the institution aims to cater to 152 students through half-day programs. The fundamental objective of Lake Anne Nursery Kindergarten is to nurture young minds in a pre-school setting, contributing to their overall development.
Official website here: www.lankschool.com
Who is the CEO of Lake Anne Nursery Kindergarten Inc?
Kathryn Bauer is the President of Lake Anne Nursery Kindergarten Inc.
Official website here: www.lankschool.com
What is the revenue of Lake Anne Nursery Kindergarten Inc?
Lake Anne Nursery Kindergarten Inc's revenue in 2023 was $959,695.
Official website here: www.lankschool.com
Who are the executives of Lake Anne Nursery Kindergarten Inc and what are their salaries?
The average compensation at Lake Anne Nursery Kindergarten Inc during 2023 was $23,890. There are 25 employees and 20 volunteers at Lake Anne Nursery Kindergarten Inc.
Here are 7 key members and their salaries:
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- Compensation: $100,540
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- Compensation: $91,800
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Official website here: www.lankschool.com
Where can I find the form 990 for Lake Anne Nursery Kindergarten Inc?
Lake Anne Nursery Kindergarten Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lankschool.com
Learn more at the official website: www.lankschool.com
Mission Statement of Lake Anne Nursery Kindergarten Inc
Lake Anne Nursery Kindergarten, a pre-school institution operated by a general religious organization, is dedicated to providing young learners with a half-day educational experience. Its mission is centered around nurturing and educating 152 students in a pre-school setting. The organization aims to lay a solid educational foundation for these young minds, setting them up for future academic success.
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Impact
July, 2024
Lake Anne Nursery Kindergarten Inc's impact lies in providing pre-school half-day programs to 152 students in Reston, VA. The organization's mission is to offer quality pre-school education, contributing to the early development and learning of these children. This impact is significant as it helps prepare young learners for their academic journey, fostering a strong foundation for their future educational success.
This information is meant to be a general summary of Lake Anne Nursery Kindergarten 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: $40,538
- Program Service Revenue: $775,536
- Gross Receipts: $1,564,378
Assets and Liabilities:
- Total Assets: $2,466,133
- Total Liabilities: $163,539
- Net Assets: $2,302,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FOR SCHOOL YEA
Revenue
$680,287
SUMMER CAMP
Revenue
$46,350
BUILDING FUND
Revenue
$27,900
APPLICATION FEES
Revenue
$19,800
MISCELLANEOUS INCOME
Revenue
$1,199
Organization Details
Founding Year
1965
Phone
(703) 437-0035Principal Officer
Kathryn Bauer
Main Address
12021 NORTH SHORE DRIVE, RESTON, VA, 20190
Website
www.lankschool.comNTEE Category
Code: B21Z - Education
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