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Open Door Preschools

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

EIN: 741834374 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Open Door Preschools?

Open Door Preschools is a nonprofit organization situated in Austin, Texas. They operate two year-round preschools, offering a high-quality, inclusive early education program for children with disabilities and those without, upholding the belief in educational equity. Their mission is to nurture and inspire young children from diverse backgrounds and circumstances in a child-led, play-based environment. The preschools are accredited nationally and cater to children aged from three months to six years old. Committed to inclusivity, Open Door Preschools are prepared to open a third school in 2023, co-located in an affordable housing apartment complex, serving families across the socioeconomic spectrum. Approximately 16% of the children enrolled have a disability or are considered high-risk, with 33% receiving tuition subsidies. In 2022, Open Door Preschools served over 147 children and their families. (117 words)


Official website here: www.opendoorpreschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Open Door Preschools has received a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization excels in maintaining a fully independent board and has demonstrated effective financial oversight with no reported material diversion of assets. The high score of 96% signifies a robust commitment to transparency and responsible financial management.

The organization showcases a well-structured governance model, with 15 independent board members and comprehensive policies for conflict of interest and whistleblowing. Open Door Preschools also provides easy access to its financial documents, including tax forms and board meeting minutes, further enhancing its accountability to stakeholders.

While the financial ratios indicate a solid program expense ratio of 86.31%, highlighting that a significant portion of its expenditures is directed towards its programs, the overall data does not mention any specific programmatic outcomes or challenges. This focus on financial health, while commendable, could benefit from additional details on the impact of their programs in the community.


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

Is Open Door Preschools legitimate?

Open Door Preschools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Door Preschools 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: $94,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,734,221

For more financial information, click here


Official website here: www.opendoorpreschool.org

What is the mission statement of Open Door Preschools?

Open Door Preschools, in pursuit of educational equity, nurtures and inspires young children of various abilities, circumstances, and backgrounds in a child-led, play-based environment. The preschool aims to provide nationally-accredited childcare for children as young as three months to six years old. By operating two year-round preschools and preparing to open a third in 2023, Open Door Preschools offers an inclusive early education program for children with disabilities and those without, serving families across the socioeconomic spectrum. Approximately 16% of the children enrolled have a disability or are considered high-risk, with over a third of the families receiving tuition subsidies.


Official website here: www.opendoorpreschool.org

Who is the CEO of Open Door Preschools?

Cynthia Smith Mccollum is the Past Chair of Open Door Preschools.


Official website here: www.opendoorpreschool.org

What is the revenue of Open Door Preschools?

Open Door Preschools's revenue in 2022 was $3,539,501.


Official website here: www.opendoorpreschool.org

Who are the executives of Open Door Preschools and what are their salaries?

The average compensation at Open Door Preschools during 2022 was $27,701. There are 66 employees and 20 volunteers at Open Door Preschools.


Here are 14 key members and their salaries:


Glenn Goodrich (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Cazel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anacely Vazquez-Carrillo (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Cannon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Cupid (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Eeds (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Foor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Kegley-Whitehead (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Meltzer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherelle Vanbrakle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sydney Townsend (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Cantu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Griebel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Smith Mccollum (Executive Director)
  • Compensation: $94,039
  • Related: $0
  • Other: $0


Official website here: www.opendoorpreschool.org

Where can I find the form 990 for Open Door Preschools?

Open Door Preschools's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.opendoorpreschool.org

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

Mission Statement of Open Door Preschools

Open Door Preschools, a nationally-accredited early education provider, is committed to fostering and inspiring young children from diverse backgrounds and abilities. With a mission centered around educational equity, this preschool nurtures children aged 3 months to 6 years in a child-led, play-based environment. The preschool's approach is inclusive, catering to children with disabilities as well as those without, promoting an environment where all children can thrive and learn together.

In pursuit of this mission, Open Door Preschools operates two year-round preschools that offer a high-quality early education program. They are prepared to expand their services in 2023 by opening a third school, also committed to the same mission, co-located in an affordable housing apartment complex for families. The preschool serves families across the socioeconomic spectrum, with approximately 16% of its children having a disability or being at high risk, and 33% of its families receiving tuition subsidies. In 2022, Open Door Preschools served over 147 children and their families, providing them with a nurturing and inclusive learning environment.

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Impact




July, 2024

Open Door Preschools provides nationally-accredited childcare to young children aged 3 months to 6 years. They operate year-round preschools that offer a quality, inclusive early education program for children with disabilities alongside children without disabilities. Their impact extends to serving families across the socioeconomic spectrum, with approximately 16% of children having a disability or considered at high risk and 33% of families receiving tuition subsidies. In 2022, they served over 147 children and their families. Open Door Preschools' mission is to nurture and inspire young children of diverse abilities, circumstances, and backgrounds in a child-led, play-based environment.




This information is meant to be a general summary of Open Door Preschools. 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
$3,539,501 (2022)
201120122013201420152016201720182019202020212022$0$900k$1.8M$2.7M$3.6M
Expenses
$2,861,669 (2022)
201120122013201420152016201720182019202020212022$0$750k$1.5M$2.25M$3M
Efficiency
2011201220132014201520162017201820192020202120220%20%40%76%

Other financial information:

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

  • Investment Income: $8,122
  • Program Service Revenue: $1,829,199
  • Gross Receipts: $3,539,501

Assets and Liabilities:

  • Total Assets: $2,195,793
  • Total Liabilities: $377,571
  • Net Assets: $1,818,222

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Programs

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

TUITION

Revenue

$1,829,199

Organization Details

Founding Year

1975

Principal Officer

Cynthia Smith Mccollum

Main Address

PO BOX 302527, AUSTIN, TX, 78703

NTEE Category

Code: P73Z - Human services

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