Overview
What is Walnut Lake Preschool?
Walnut Lake Preschool is a nonprofit institution situated in Farmington Hills, Michigan, specifically at 29375 Halsted Rd. The preschool caters to children aged between 3 to 7 years who are grappling with emotional, behavioral, and developmental challenges that hinder their success in a typical preschool or daycare environment. The unique approach of this preschool combines an educational curriculum with therapeutic services to enhance the child's emotional resilience, social abilities, cognitive development, motor skills, speech, and language capabilities. With a mission to prepare these children for a regular classroom setting when they are ready, Walnut Lake Preschool offers an individualized curriculum and employs a dedicated team of five individuals to carry out this mission.
Official website here: www.walnutlakepreschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Walnut Lake Preschool has received a solid score of 83%, indicating a commendable level of accountability and finance management. This rating reflects a strong emphasis on financial integrity, as the overall score is derived solely from the Accountability & Finance beacon. The preschool demonstrates a robust governance structure with a fully independent board, achieving perfect scores in several key areas, including board independence and material diversion of assets.
The preschool's financial health is also notable, with a liabilities to assets ratio of 0.00%, suggesting a well-managed fiscal environment. Additionally, it maintains an impressive program expense ratio of 82.07%, indicating that a significant portion of its budget is directed towards its educational programs. Transparency is upheld through the proper listing of documents and meeting minutes, which adds to the trustworthiness of the organization.
While the ratings are strong, potential donors may want to consider that the assessment is solely based on financial accountability, with no additional beacons evaluating other areas such as impact or program effectiveness. This focus may limit a comprehensive understanding of the preschool's overall performance beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Walnut Lake Preschool legitimate?
Walnut Lake Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Lake 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,054
For more financial information, click here
Official website here: www.walnutlakepreschool.org
What is the mission statement of Walnut Lake Preschool?
Walnut Lake Preschool is a specialized educational institution designed for children aged 3 to 7 who struggle with emotional, physical, or developmental challenges. Its mission is to prepare these children for a regular classroom setting by providing an individualized curriculum that integrates educational learning with therapeutic services. The goal is to strengthen the children's emotional resilience, social capacities, cognitive development, motor skills, speech, and language abilities in a supportive classroom environment. The preschool aims to equip these children with the necessary skills to succeed in a standard educational setting when they are ready.
Official website here: www.walnutlakepreschool.org
Who is the CEO of Walnut Lake Preschool?
Jodie Ostrowski is the Ex-Officio of Walnut Lake Preschool.
Official website here: www.walnutlakepreschool.org
What is the revenue of Walnut Lake Preschool?
Walnut Lake Preschool's revenue in 2023 was $460,989.
Official website here: www.walnutlakepreschool.org
Who are the executives of Walnut Lake Preschool and what are their salaries?
The average compensation at Walnut Lake Preschool during 2023 was $55,611. There are 5 employees and 7 volunteers at Walnut Lake Preschool.
Here are 7 key members and their salaries:
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Official website here: www.walnutlakepreschool.org
Where can I find the form 990 for Walnut Lake Preschool?
Walnut Lake Preschool's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.walnutlakepreschool.org
Learn more at the official website: www.walnutlakepreschool.org
Mission Statement of Walnut Lake Preschool
Walnut Lake Preschool, a preschool for children aged 3 to 7, is committed to providing an educational and developmental curriculum for children who face emotional, physical, or developmental challenges. The school's mission is to prepare these children for a regular classroom setting by offering an individualized program that combines educational lessons with therapeutic services. The specialized classroom at Walnut Lake Preschool aims to strengthen the children's emotional resources, social capacities, cognitive development, motor skills, speech, and language abilities. By blending these elements, the school seeks to help children overcome the challenges that have previously prevented them from thriving in a regular preschool or daycare setting.
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Impact
July, 2024
Walnut Lake Preschool makes a significant impact by providing a specialized program for children between the ages of 3-7 who have emotional, physical, or developmental challenges. By blending educational curriculum with therapeutic services, the school helps strengthen the child's emotional resources, social capacities, cognitive development, motor skills, speech, and language. This unique approach aims to enable these children to transition into a regular classroom setting when they are ready, ensuring they receive the support they need to thrive academically and socially.
This information is meant to be a general summary of Walnut Lake 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $47
- Program Service Revenue: $284,253
- Gross Receipts: $460,989
Assets and Liabilities:
- Total Assets: $700,117
- Total Liabilities: $0
- Net Assets: $700,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$284,253
Organization Details
Founding Year
2017
Phone
(248) 339-6263Principal Officer
Jodie Ostrowski
Main Address
29375 HALSTED RD, FARMINGTON HILLS, MI, 48331
Website
www.walnutlakepreschool.orgNTEE Category
Code: B20 - Education
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