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Suginoko Preschool

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

EIN: 710975189 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

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Overview

What is Suginoko Preschool?

Suginoko Preschool is a nonprofit institution located unspecified, dedicated to delivering a distinctive Japanese preschool experience. They provide early school admission programs, nursery school education, and kindergarten classes, all tailored to nurture young learners. Their mission is focused on offering a comprehensive Japanese preschool environment, fostering growth and development in a culturally rich setting.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 35%

Suginoko Preschool has received a rating of 35%, resulting in a Zero-Star out of Four Star rating indicating significant concerns regarding its accountability and financial practices. The organization has a low score primarily due to a lack of independent board members and missing essential governance policies, which raises questions about its oversight and management practices.

Despite these issues, Suginoko Preschool does report a 100% program expense ratio, indicating that all its expenditures are directed towards its programs. This suggests a strong commitment to its mission, although the overall governance structure and transparency are lacking. The absence of essential policies such as a conflict of interest policy and a whistleblower policy is particularly concerning.

Overall, while Suginoko Preschool demonstrates a focus on program expenses, its significant governance and financial management deficiencies warrant caution for potential donors or supporters. The lack of independent oversight, missing documentation, and high liabilities compared to assets highlight the need for improvements to ensure accountability and sustainability within the organization.


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

Is Suginoko Preschool legitimate?

Suginoko Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suginoko Preschool 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: $56,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,035

For more financial information, click here

What is the mission statement of Suginoko Preschool?

Suginoko Preschool's mission is centered around providing a genuine Japanese preschool experience. They offer early school admissions, nursery school, and kindergarten programs with this mission in mind. The main objective is to offer a preschool environment that reflects Japanese educational practices and values. The preschool aims to contribute positively to the early education of young children, laying a solid foundation for their future academic and personal development.

Who is the CEO of Suginoko Preschool?

Shion Katori is the Vice President of Suginoko Preschool.

What is the revenue of Suginoko Preschool?

Suginoko Preschool's revenue in 2022 was $492,319.

Who are the executives of Suginoko Preschool and what are their salaries?

The average compensation at Suginoko Preschool during 2022 was $22,113. There are 15 employees at Suginoko Preschool.


Here are 2 key members and their salaries:


Shion Katori (Vice President)
  • Compensation: $56,663
  • Related: $0
  • Other: $0
Tadahiro Katori (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Suginoko Preschool?

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

Mission Statement of Suginoko Preschool

Suginoko Preschool, a Japanese preschool institution, is committed to its mission of offering early school admissions, nursery school, and kindergarten programs. The primary objective of Suginoko Preschool is to provide a genuine Japanese preschool experience to its students. This mission ensures that children enrolled in the school have the opportunity to immerse themselves in the Japanese language and culture, fostering a strong foundation for their future academic and personal growth.

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Impact




July, 2024

Suginoko Preschool has a significant impact in Bellevue, WA by providing a unique Japanese preschool experience for children. Through its early school admissions, nursery school, and kindergarten programs, Suginoko Preschool helps children develop not only academically but also culturally. By fostering an environment where children can learn Japanese language and culture, Suginoko Preschool contributes to the cultural diversity and enrichment of the community in Bellevue.




This information is meant to be a general summary of Suginoko Preschool. 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
$492,319 (2022)
Expenses
$497,925 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $492,319
  • Gross Receipts: $492,319

Assets and Liabilities:

  • Total Assets: $19,580
  • Total Liabilities: $24,000
  • Net Assets: -$4,420

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Programs

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

EDUCATION

Revenue

$492,319

Organization Details

Founding Year

2005

Principal Officer

Shion Katori

Main Address

11431 NE 20TH STREET, BELLEVUE, WA, 98004

NTEE Category

Code: B21 - Education

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