Overview
What is Small Wonders Day Care & Preschool Inc?
Small Wonders Day Care & Preschool Inc. is a nonprofit institution situated in Lancaster, California. Their primary focus is to provide a nurturing environment where children can learn and grow, fostering a sense of safety and love. The organization offers both preschool education and daycare services, welcoming students from diverse racial, color, national, and ethnic backgrounds without discrimination. Small Wonders Day Care & Preschool Inc. is committed to working closely with families and strives to serve as exemplary role models. Their mission encompasses providing a secure and enjoyable atmosphere, where children can flourish and families are prioritized.
Official website here: www.vrose@smallwondersinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Small Wonders Day Care & Preschool Inc receives a two-star rating, indicating a need for improvement in various areas of accountability and finance. The organization has a solid score for having a majority of independent board members, which reflects a commitment to governance. However, significant concerns arise from the lack of key financial disclosures and policies, including missing financial statements and a whistleblower policy.
While the nonprofit excels in its program expense ratio, indicating a focus on programmatic spending, it falls short in transparency measures, such as posting tax forms on its website. The organization's liabilities to assets ratio is favorable, suggesting sound financial management; however, the absence of crucial governance policies and documentation could undermine trustworthiness and accountability.
Overall, while Small Wonders Day Care & Preschool Inc demonstrates strengths in program spending and governance structure, the lack of financial transparency and key policies highlights areas that need urgent attention for improvement and to strengthen stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Small Wonders Day Care & Preschool Inc legitimate?
Small Wonders Day Care & Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Small Wonders Day Care & 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: $55,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $473,520
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Official website here: www.vrose@smallwondersinc.org
What is the mission statement of Small Wonders Day Care & Preschool Inc?
Small Wonders Day Care & Preschool Inc. is committed to providing a nurturing environment for children, fostering their growth and development in a fun and safe atmosphere. The institution values diversity and does not discriminate against any child based on race, color, national or ethnic origin. Their philosophy is centered around prioritizing families and promoting the development of role models within the community. The educational policies, scholarship programs, loan programs, and athletic activities of Small Wonders Day Care & Preschool Inc. are administered without discrimination. The preschool and daycare center admits students from various backgrounds, ensuring they have equal access to the opportunities and benefits provided by the institution.
Official website here: www.vrose@smallwondersinc.org
What is the revenue of Small Wonders Day Care & Preschool Inc?
Small Wonders Day Care & Preschool Inc's revenue in 2024 was $1,892,420.
Official website here: www.vrose@smallwondersinc.org
Who are the executives of Small Wonders Day Care & Preschool Inc and what are their salaries?
The average compensation at Small Wonders Day Care & Preschool Inc during 2024 was $11,765. There are 45 employees at Small Wonders Day Care & Preschool Inc.
Here are 4 key members and their salaries:
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Official website here: www.vrose@smallwondersinc.org
Where can I find the form 990 for Small Wonders Day Care & Preschool Inc?
Small Wonders Day Care & Preschool Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vrose@smallwondersinc.org
Learn more at the official website: www.vrose@smallwondersinc.org
Mission Statement of Small Wonders Day Care & Preschool Inc
Small Wonders Day Care & Preschool Inc. is committed to providing a nurturing and inclusive environment for children, fostering their growth and development in a safe, enjoyable, and loving atmosphere. The organization prioritizes the well-being of its families, believing in collective growth and becoming the best role models possible. Small Wonders Day Care & Preschool Inc. adheres to a non-discriminatory policy, admitting students of all races, colors, and national and ethnic origins to all school programs and activities. The institution ensures equal opportunities in its educational policies, scholarship and loan programs, and athletic and other school-administered programs, without any discrimination based on race, color, or national and ethnic origin.
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Impact
July, 2024
Small Wonders Day Care & Preschool Inc. has a significant impact on the community by providing a safe, fun, and loving atmosphere for children to grow and thrive. Their philosophy focuses on prioritizing the needs of families and fostering a supportive environment where everyone can become the best role models possible. Through their preschool education and daycare services, Small Wonders Day Care & Preschool Inc. plays a crucial role in shaping the early development and education of children in Lancaster, CA.
This information is meant to be a general summary of Small Wonders Day Care & 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $1,812,420
- Gross Receipts: $1,892,420
Assets and Liabilities:
- Total Assets: $1,589,743
- Total Liabilities: $699,528
- Net Assets: $890,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM
Revenue
$87,268
TUITION AND DAYCARE
Revenue
$1,725,152
Organization Details
Founding Year
2016
Principal Officer
Veronica N Rose
NTEE Category
Code: B21 - Education
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