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Hancock Nursery School Inc

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

EIN: 753060428 ✦ Lexington, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hancock Nursery School Inc?

Hancock Nursery School Inc, situated in Lexington, Massachusetts (specifically at 1912 Massachusetts Avenue), is a nonprofit organization dedicated to offering a comprehensive and developmentally appropriate preschool experience. With a team of 11 dedicated individuals, Hancock Nursery School's mission is centered around nurturing the overall growth of each child, taking into account their age and individual needs. The school's activities and purpose are intertwined with this mission, providing an enriching environment that fosters the holistic development of the children under its care.


Official website here: www.hancocknurseryschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Hancock Nursery School Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a 100% score in this category, the organization demonstrates a high level of transparency and financial health, indicating that it effectively manages its resources and adheres to best practices in governance.

The organization boasts an entirely independent board of directors, with all eight members demonstrating a commitment to oversight and ethical management. Additionally, Hancock Nursery School Inc has received top marks for its financial audits and its adherence to policies regarding conflicts of interest and whistleblower protections. These factors contribute to the nonprofit's reputation for integrity and responsible financial stewardship.

Despite its strong performance, potential donors may want to explore how the organization utilizes its resources in programming, as the program expense ratio stands at 79.83%. This indicates a significant portion of expenses is directed towards programs, which is generally positive, yet understanding the impact of these programs could provide further insight into the organization's effectiveness. Overall, Hancock Nursery School Inc is well-positioned as a trustworthy nonprofit dedicated to its mission.


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

Is Hancock Nursery School Inc legitimate?

Hancock Nursery School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock Nursery School 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: $74,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,657

For more financial information, click here


Official website here: www.hancocknurseryschool.org

What is the mission statement of Hancock Nursery School Inc?

Hancock Nursery School Inc's mission is centered around offering a well-rounded preschool experience that caters to a child's developmental needs, considering their age. The school aims to foster the child's overall growth, encompassing both cognitive and emotional aspects. This approach ensures that the whole child benefits from their time at Hancock Nursery School. The school's mission is reflected in its day-to-day activities, which are designed to provide an age-appropriate learning environment.


Official website here: www.hancocknurseryschool.org

Who is the CEO of Hancock Nursery School Inc?

Cynthia Fisette is the Executive Director of Hancock Nursery School Inc.


Official website here: www.hancocknurseryschool.org

What is the revenue of Hancock Nursery School Inc?

Hancock Nursery School Inc's revenue in 2022 was $552,237.


Official website here: www.hancocknurseryschool.org

Who are the executives of Hancock Nursery School Inc and what are their salaries?

The average compensation at Hancock Nursery School Inc during 2022 was $23,558. There are 11 employees at Hancock Nursery School Inc.


Here are 8 key members and their salaries:


Cynthia Fisette (Executive Director)
  • Compensation: $54,430
  • Related: $0
  • Other: $0
Holly Ippolito (Treasurer)
  • Compensation: $20,048
  • Related: $0
  • Other: $0
Judy Kelley (Director)
  • Compensation: $7,451
  • Related: $0
  • Other: $0
Sara Dunham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Voce (Presidentchair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Maestri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Speciale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristene Crockett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hancocknurseryschool.org

Where can I find the form 990 for Hancock Nursery School Inc?

Hancock Nursery School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hancocknurseryschool.org

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

Mission Statement of Hancock Nursery School Inc

Hancock Nursery School, as an organization, is committed to offering a preschool experience that caters to the holistic development of children. This development is tailored to their age and abilities, ensuring a comprehensive and well-rounded education. The school's mission is centered around fostering the overall growth of each child, incorporating various aspects of their development.

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Impact




July, 2024

Hancock Nursery School Inc's impact lies in providing a developmentally and age-appropriate preschool experience for the whole child in Lexington, Massachusetts. By focusing on the holistic development of children at a crucial stage, Hancock Nursery School contributes significantly to their early education and overall well-being.




This information is meant to be a general summary of Hancock Nursery School 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
$552,237 (2022)
Expenses
$415,359 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $105
  • Program Service Revenue: $390,519
  • Gross Receipts: $552,237

Assets and Liabilities:

  • Total Assets: $345,907
  • Total Liabilities: $46,992
  • Net Assets: $298,915

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Programs

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

Tuition

Revenue

$387,029

Application Fees

Revenue

$1,100

Other Revenue

Revenue

$2,390

Organization Details

Founding Year

2002

Principal Officer

Cynthia Fisette

Main Address

1912 Massachusetts Avenue, Lexington, MA, 02421

NTEE Category

Code: B21 - Education

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