Overview
What is Mi Escuelita Inc?
Mi Escuelita Inc is a nonprofit organization situated in Carrboro, North Carolina. Their mission is to foster a harmonious community by offering high-quality educational programs that cultivate understanding and appreciation for diversity through Spanish language immersion activities. This includes children, families, and neighbors who speak both Spanish and English. They provide childcare services for approximately 50 pre-school aged children, emphasizing a Spanish language and culture immersion program. The organization employs 17 individuals, striving to create a welcoming space where different cultures and languages converge, instilling values of tolerance and citizenship in the children.
Official website here: www.miescuelitanc.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
Mi Escuelita Inc has earned a Two-Star rating from Charity Navigator, reflecting an Accountability & Finance score of 73%. This rating indicates a moderate level of financial health and operational transparency. The overall score is derived solely from their accountability metrics, highlighting the organization's commitment to maintaining standards in governance and financial practices.
The nonprofit exhibits several strengths, including a fully independent board with all members (10 out of 10) meeting the criteria for independence. Their financial management appears solid, demonstrated by a low liabilities to assets ratio of 8.14% and a high program expense ratio of 90.74%, suggesting that most funds are directed towards their programs rather than administrative costs.
However, there are notable limitations, particularly the absence of a whistleblower policy and a document retention and destruction policy, which both scored zero points. While they have a robust framework for board governance and financial accountability, addressing these gaps could enhance their overall transparency and trustworthiness in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mi Escuelita Inc legitimate?
Mi Escuelita Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mi 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: $77,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,849
For more financial information, click here
Official website here: www.miescuelitanc.us
What is the mission statement of Mi Escuelita Inc?
Mi Escuelita Inc's mission is centered around providing quality childcare through an immersive program in the Spanish language and culture. This is done with the aim of catering to both Spanish and English speaking families of pre-school aged children, fostering an environment of tolerance and citizenship. The institution serves approximately 50 children of diverse ethnicities, and its goal is to create an integrated community through high-quality educational programs that promote understanding through Spanish language immersion activities. The school stands as a place where individuals from different linguistic and cultural backgrounds can come together, sharing their strengths.
Official website here: www.miescuelitanc.us
Who is the CEO of Mi Escuelita Inc?
Marie Ann Del Valle Coppin is the Exec Director Sep-Mar of Mi Escuelita Inc.
Official website here: www.miescuelitanc.us
What is the revenue of Mi Escuelita Inc?
Mi Escuelita Inc's revenue in 2023 was $626,200.
Official website here: www.miescuelitanc.us
Who are the executives of Mi Escuelita Inc and what are their salaries?
The average compensation at Mi Escuelita Inc during 2023 was $28,582. There are 17 employees and 18 volunteers at Mi Escuelita Inc.
Here are 16 key members and their salaries:
- Compensation: $61,624
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- Other: $9,352
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Official website here: www.miescuelitanc.us
Where can I find the form 990 for Mi Escuelita Inc?
Mi Escuelita Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.miescuelitanc.us
Learn more at the official website: www.miescuelitanc.us
Mission Statement of Mi Escuelita Inc
Mi Escuelita Inc, a nonprofit organization, is committed to providing top-notch childcare through an immersion program that incorporates the Spanish language and culture. This mission serves approximately 50 children of various ethnicities. By establishing an integrated community, Mi Escuelita offers high-quality educational programs that celebrate diversity and foster understanding among Spanish and English-speaking children, their families, friends, and neighbors. The organization's primary goal is to create a place where people from two different languages and cultures can share their strengths, preparing children for a future characterized by tolerance and active citizenship.
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Impact
July, 2024
Mi Escuelita Inc's impact lies in creating an integrated community by providing high-quality educational programs that honor diversity and encourage understanding through Spanish language immersion activities. By serving approximately 50 children of diverse ethnicity in Carrboro, NC, the organization plays a vital role in preparing young children for a future of tolerance and citizenship. Through its focus on language and cultural immersion, Mi Escuelita Inc serves as a place where people of different backgrounds come together to share their strengths, ultimately fostering a more inclusive society.
This information is meant to be a general summary of Mi 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 2023.
- Investment Income: $125
- Program Service Revenue: $540,962
- Gross Receipts: $626,200
Assets and Liabilities:
- Total Assets: $489,559
- Total Liabilities: $39,868
- Net Assets: $449,691
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$534,528
Other Program Related Fees
Revenue
$6,434
Organization Details
Founding Year
2000
Phone
(919) 969-7949Principal Officer
Marie Ann Del Valle Coppin
Main Address
PO BOX 579, CARRBORO, NC, 275100579
Website
www.miescuelitanc.usNTEE Category
Code: B21 - Education
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