Overview
What is Lakewood Preschool Corporation?
Lakewood Preschool Corporation, with its headquarters at 1918 Harris Road, Charlotte, North Carolina 28211, was a nonprofit organization with a mission to stimulate beneficial transformation within the Lakewood community. Their activities were focused on fostering a positive change, as per their articles of dissolution. While specifics about the nature of their programs or initiatives are not provided in the information, it can be inferred that they sought to contribute positively to their community through various means. The corporation, previously known as Lakewood Preschool Cooperative, had distributed its remaining assets in accordance with its dissolution process.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Lakewood Preschool Corporation has achieved an 80% score from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The rating is based entirely on a single beacon score for accountability, indicating that the organization has strong financial practices in place. The organization boasts a perfect score for having a fully independent board, with 10 out of 10 board members being independent.
The nonprofit also demonstrates excellent fiscal management, with no material diversion of assets and a liabilities to assets ratio of 0.00%. Its program expense ratio stands at 81.06%, indicating that a significant portion of its expenses is dedicated to its programs rather than administrative costs. However, while the accountability and financial management scores are commendable, the absence of other performance indicators in the rating may provide a limited view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Preschool Corporation legitimate?
Lakewood Preschool Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Preschool Corporation 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: $0
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What is the mission statement of Lakewood Preschool Corporation?
The Lakewood Preschool Corporation aims to serve as a driving force for positive transformation within its community. Their mission is centered around inspiring change and improvement, striving to make a significant impact in their specific community. Upon dissolution, all remaining assets were distributed as per the articles of dissolution.
Who is the CEO of Lakewood Preschool Corporation?
Jessica J Walker is the Immediate Past Chair of Lakewood Preschool Corporation.
What is the revenue of Lakewood Preschool Corporation?
Lakewood Preschool Corporation's revenue in 2023 was $16.
Who are the executives of Lakewood Preschool Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lakewood Preschool Corporation?
Lakewood Preschool Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lakewood Preschool Corporation
Lakewood Preschool Corporation, as a non-profit organization, aims to serve as a catalyst for positive change within the community. This mission is a proactive and transformative goal, implying that the corporation intends to initiate and drive positive developments within Lakewood. The organization's vision is not passive but active, seeking to influence and shape the community in a positive manner. The dissolution of the corporation saw the distribution of its remaining assets in accordance with its articles of dissolution, signifying the organization's commitment to fulfilling its mission even in its final stages.
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Impact
October, 2024
Lakewood Preschool Corporation has made a significant impact in the Lakewood community by acting as a catalyst for positive change. Through its activities, the organization has fostered educational opportunities and engaged families, helping to build a stronger, more vibrant community. The focus on education not only supports the development of young learners but also empowers parents and caregivers, creating a nurturing environment for growth and connection. By distributing its remaining assets in accordance with its mission, Lakewood Preschool Corporation has ensured that its resources continue to benefit local families, enhancing the overall quality of life in Charlotte, NC.
This information is meant to be a general summary of Lakewood Preschool Corporation. 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.
- Gross Receipts: $16
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1995
Phone
(215) 901-9015Principal Officer
Jessica J Walker
Main Address
1918 HARRIS ROAD, CHARLOTTE, NC, 28211
NTEE Category
Code: B21Z - Education
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