Overview
What is Dorman Preschool Center Inc?
Dorman Preschool Center Inc, situated in Shelbyville, Kentucky, is a nonprofit organization with a mission to provide an inclusive system of early childhood care and educational services for all children. They invest in teachers, facilities, transportation, and supplies to ensure a nurturing environment for young learners. With a dedicated workforce of 18 employees, their activities encompass offering comprehensive early childhood education, catering to the needs of children in the community.
Official website here: www.dormancenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Dorman Preschool Center Inc has received a solid score of 83%, which translates to a Three-Star rating. This rating is derived entirely from the organization's strong performance in accountability and finance, reflecting a commitment to responsible management of funds and transparency in its operations. The fiscal data from FY2022 indicates a well-structured financial foundation, which is crucial for donor confidence.
The nonprofit exhibits several strengths, including a fully independent board of directors, high program expense ratio at 91.75%, and a lack of material asset diversion, all of which contribute positively to its score. Additionally, the organization has a conflict of interest policy in place and maintains detailed board meeting minutes, further emphasizing its commitment to accountability and effective governance.
However, there are some limitations noted in the evaluation, specifically the absence of a whistleblower policy and a document retention and destruction policy. While these areas could be improved to enhance organizational transparency, the overall financial health and governance structure of Dorman Preschool Center Inc suggest that it is an effective nonprofit making a positive impact.
This AI summary has been generated from information found on Charity Navigator.
Is Dorman Preschool Center Inc legitimate?
Dorman Preschool Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dorman Preschool Center 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: $880
Other Salaries and Wages: $391,774
For more financial information, click here
Official website here: www.dormancenter.org
What is the mission statement of Dorman Preschool Center Inc?
Dorman Preschool Center Inc's mission is centered around providing an inclusive early childhood care and educational system for all children. This organization strives to create an environment that caters to the needs of every child, ensuring no one is left behind. Their activities include hiring qualified teachers, providing suitable facilities, organizing transportation, and supplying necessary resources to make this inclusive system a reality.
Official website here: www.dormancenter.org
What is the revenue of Dorman Preschool Center Inc?
Dorman Preschool Center Inc's revenue in 2023 was $634,440.
Official website here: www.dormancenter.org
Who are the executives of Dorman Preschool Center Inc and what are their salaries?
The average compensation at Dorman Preschool Center Inc during 2023 was $18,656. There are 21 employees at Dorman Preschool Center Inc.
Here are 13 key members and their salaries:
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Official website here: www.dormancenter.org
Where can I find the form 990 for Dorman Preschool Center Inc?
Dorman Preschool Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dormancenter.org
Learn more at the official website: www.dormancenter.org
Mission Statement of Dorman Preschool Center Inc
Dorman Preschool Center Inc is committed to establishing an inclusive system of early childhood care and education services for all children. This mission is centered around providing a comprehensive range of resources, including qualified teachers, suitable facilities, transportation, and necessary supplies, to cater to the needs of every child under its care. By adhering to this mission, Dorman Preschool Center Inc aims to create an environment that fosters learning and development for all children, ensuring no child is left behind.
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Impact
July, 2024
Dorman Preschool Center Inc plays a vital role in providing an inclusive system of early childhood care and educational services for all children in Shelbyville, KY. By offering teachers, facilities, transportation, and supplies, this organization ensures that children have access to high-quality early childhood education regardless of their background or circumstances. Through its mission to provide inclusive care and education, Dorman Preschool Center Inc contributes to building a community where all children have the opportunity to learn and thrive.
This information is meant to be a general summary of Dorman Preschool Center 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: $1,701
- Program Service Revenue: $196,953
- Gross Receipts: $634,440
Assets and Liabilities:
- Total Assets: $195,271
- Total Liabilities: $0
- Net Assets: $195,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$196,953
Organization Details
Founding Year
1963
Principal Officer
Leslie Mccarthy
Website
www.dormancenter.orgNTEE Category
Code: B21 - Education
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