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Growing Together Preschool Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611037940 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Growing Together Preschool Inc?

Growing Together Preschool Inc, situated in Lexington, Kentucky, is a dedicated nonprofit organization that offers early care and education to children aged between 6 weeks and 5 years. The preschool prides itself on being inclusive, catering to both children with and without disabilities. Operating year-round, they prioritize a low child-teacher ratio to ensure a high-quality learning environment. Their teachers are trained to identify potential developmental delays and advocate for early intervention services when necessary. The preschool boasts a spacious therapy room, where various therapeutic services are provided, and collaborates with Early Head Start to offer additional support for at-risk families. Through grants and scholarships, they provide financial assistance to 9 children in tuition and therapeutic needs to 6 children annually. Growing Together Preschool's mission is to deliver affordable, developmentally focused, educational, and therapeutic services to infants, toddlers, and preschoolers, emphasizing inclusion.


Official website here: www.gtplex.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Growing Together Preschool Inc has received a Three-Star rating from Charity Navigator, highlighting a solid accountability and finance score of 77%. This rating is significant as it reflects the organization’s commitment to transparency and responsible financial practices. The charity has a fully independent board, with all eight members meeting the standard for independence, which enhances governance and oversight.

The organization excels in several areas, including having no material diversion of assets and maintaining a low liabilities to assets ratio of 11.36%. Furthermore, a high program expense ratio of 87.68% indicates that the majority of funds are directed towards its educational programs rather than administrative costs. This efficiency in resource allocation suggests a strong focus on fulfilling its mission.

While the overall rating is commendable, the charity could benefit from continued efforts to enhance its financial practices or expand its programming further. Nonetheless, the established policies in place, such as conflict of interest and whistleblower protections, demonstrate a commitment to ethical operations.


This AI summary has been generated from information found on Charity Navigator.

Is Growing Together Preschool Inc legitimate?

Growing Together Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Growing Together Preschool 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: $63,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,043,562

For more financial information, click here


Official website here: www.gtplex.org

What is the mission statement of Growing Together Preschool Inc?

Growing Together Preschool's mission is centered around offering affordable, educationally and therapeutically focused services to infants, toddlers, and preschoolers, both with and without disabilities. The preschool operates in an inclusive environment, providing year-round care. The primary focus is on learning and development, with a low child-to-teacher ratio ensuring high-quality care. Teachers are trained to recognize developmental delays and advocate for early intervention services when necessary. Growing Together Preschool also boasts a dedicated therapy room for various therapeutic services and collaborates with Early Head Start to offer additional services for at-risk families. Through grants, the preschool provides tuition and therapy scholarships to eligible children.


Official website here: www.gtplex.org

Who is the CEO of Growing Together Preschool Inc?

Denise Menshouse is the Executive Director of Growing Together Preschool Inc.


Official website here: www.gtplex.org

What is the revenue of Growing Together Preschool Inc?

Growing Together Preschool Inc's revenue in 2022 was $1,869,092.


Official website here: www.gtplex.org

Who are the executives of Growing Together Preschool Inc and what are their salaries?

The average compensation at Growing Together Preschool Inc during 2022 was $16,038. There are 69 employees and 8 volunteers at Growing Together Preschool Inc.


Here are 7 key members and their salaries:


Denise Menshouse (Executive Director)
  • Compensation: $63,033
  • Related: $0
  • Other: $0
Patricia Vanaman (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Morris (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Dickson (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Smalley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Helm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gtplex.org

Where can I find the form 990 for Growing Together Preschool Inc?

Growing Together Preschool Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gtplex.org

Learn more at the official website: www.gtplex.org

Mission Statement of Growing Together Preschool Inc

Growing Together Preschool, a nonprofit organization, is committed to providing affordable and developmentally focused early care and education services to infants, toddlers, and preschool-aged children. The preschool operates on an all-day, year-round basis and maintains a strong emphasis on inclusion, welcoming children with and without disabilities. The mission of Growing Together Preschool is to create a nurturing and safe environment where children can learn and grow. The preschool's services are both educational and therapeutic, with a focus on recognizing and addressing developmental delays early. In collaboration with therapists, the preschool's teachers work together to provide a seamless integration of therapeutic services within the classroom setting. Growing Together Preschool also partners with Early Head Start to offer additional support to at-risk families and provides tuition and therapy scholarships to some of its students. Overall, the preschool's mission is to provide high-quality care and support to young children, ensuring they have the best possible start in life.

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Impact




July, 2024

Growing Together Preschool Inc's impact is evident through the provision of high-quality care and education to 153 children aged 6 weeks to 5 years in 2022. The organization's inclusive program creates a safe and nurturing environment for children with and without disabilities, promoting diversity and acceptance from an early age. By maintaining a low child to teacher ratio, Growing Together Preschool ensures individualized attention and support for each child's development. Additionally, their trained teachers are equipped to identify developmental delays and facilitate early intervention services when needed.

Moreover, Growing Together Preschool's collaboration with therapists in a dedicated therapy room enhances the learning experience for children requiring additional support. By partnering with Early Head Start and offering scholarships for tuition and therapy, the organization extends its impact to at-risk families, expanding access to quality early childhood education and therapeutic services. Through these initiatives, Growing Together Preschool Inc positively influences the lives of children and families in Lexington, KY, contributing to a more inclusive and supportive community.




This information is meant to be a general summary of Growing Together Preschool 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.

Revenue
$1,869,092 (2022)
Expenses
$1,680,147 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29
  • Program Service Revenue: $1,174,385
  • Gross Receipts: $1,869,092

Assets and Liabilities:

  • Total Assets: $973,510
  • Total Liabilities: $159,093
  • Net Assets: $814,417

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Child Day Care Servies

Revenue

$1,174,385

Organization Details

Founding Year

1982

Principal Officer

Denise Menshouse

Main Address

599 LIMA DR, LEXINGTON, KY, 405112217

NTEE Category

Code: B22Z - Education

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