Overview
What is Preschool Promise Inc?
Preschool Promise Inc, based in Dayton, Ohio, is a dedicated nonprofit organization with a mission to empower families and the community. Their primary goal is to promote and facilitate high-quality early childhood education programs, ensuring that children in Montgomery County and Dayton are well-prepared for kindergarten and set up for future academic and personal success. To achieve this, they have an outreach team that engages families, helping them understand the importance of early childhood education and guiding them in selecting suitable programs. The organization also aims to foster a robust early childhood system within Montgomery County, allowing families to access various childcare, preschool, home visiting, and parenting classes programs of top quality.
Official website here: www.preschoolpromise.org
What are the reviews and ratings of this charity?
**Preschool Promise Inc Rating: 77% (Three-Star out of Four Star Rating)**
Preschool Promise Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization demonstrates strong governance with an independently managed board and has received full points in several key areas such as independent board member involvement and the oversight of financial statements. However, the absence of a whistleblower policy and the lack of posted tax forms on their website raise some concerns about transparency.
Financially, the nonprofit shows a high program expense ratio of nearly 92%, which suggests that a significant portion of its budget is directed toward its mission rather than administrative costs. Despite this, a liabilities-to-assets ratio of 74.48% may indicate potential financial strain. Salary levels for leadership are moderate but should be monitored by stakeholders to ensure they align with the organization’s financial health.
User reviews from GreatNonprofits were not available, which limits insights into community sentiment and experiences regarding Preschool Promise Inc. Overall, the organization appears well-managed, though it should address its transparency and financial liability concerns to improve its standing further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Preschool Promise Inc?
84% of 5 reviewers on Facebook recommend Preschool Promise Inc. Here is a summary of their reviews:
The sentiment towards Preschool Promise Inc. is largely positive, with users expressing appreciation for the support their children receive. One reviewer highlights the program as a wonderful surprise for their daughter transitioning to kindergarten, underscoring the program's effectiveness in aiding early education.
Overall, the responses indicate that this nonprofit is fulfilling its mission to provide valuable resources and support to families, making a positive impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Preschool Promise Inc legitimate?
Preschool Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preschool Promise 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: $210,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,829,837
For more financial information, click here
Official website here: www.preschoolpromise.org
What is the mission statement of Preschool Promise Inc?
Preschool Promise Inc's mission is centered around ensuring that all children in early childhood, specifically in Montgomery County and Dayton, are prepared for kindergarten and equipped with the necessary foundation for success in their academic and personal lives. To achieve this goal, the organization is working towards establishing a robust early childhood system, enabling families to access high-quality child care, preschool, home visiting, and parenting classes.
The focus of Preschool Promise Inc. is to educate the community about the importance of early childhood education. The outreach teams are actively recruiting families and helping them understand how to choose high-quality early childhood education programs. Additionally, the organization is working on raising awareness within the general community, highlighting the benefits of investing in early childhood education, which supports children now and contributes to building a more educated workforce in the future.
Official website here: www.preschoolpromise.org
Who is the CEO of Preschool Promise Inc?
Robyn Lightcap is the Trustee of Preschool Promise Inc.
Official website here: www.preschoolpromise.org
What is the revenue of Preschool Promise Inc?
Preschool Promise Inc's revenue in 2022 was $10,487,242.
Official website here: www.preschoolpromise.org
Who are the executives of Preschool Promise Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Compensation: $131,545
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- Other: $46,382
- Compensation: $79,126
- Related: $33,911
- Other: $28,909
Official website here: www.preschoolpromise.org
Where can I find the form 990 for Preschool Promise Inc?
Preschool Promise Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preschoolpromise.org
Learn more at the official website: www.preschoolpromise.org
Mission Statement of Preschool Promise Inc
Preschool Promise Inc is dedicated to ensuring that all children in Montgomery County and Dayton are prepared for kindergarten and have the foundation necessary for success in school and life. To achieve this mission, the organization is working tirelessly to establish a robust early childhood system in the community. This system encompasses high-quality child care, preschool, home visiting, and parenting classes, enabling families to participate fully.
The outreach teams at Preschool Promise Inc are instrumental in educating the community about the importance of early childhood education. They are actively recruiting families and helping them understand how to choose high-quality programs. Furthermore, the team is working to raise awareness among the general community that investing in early childhood education yields immediate benefits by supporting our children and, in the long run, contributing to a more educated workforce. By promoting awareness and offering access to quality early childhood education programs, Preschool Promise Inc is committed to empowering children and families in Montgomery County and Dayton.
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Impact
July, 2024
Preschool Promise Inc is working diligently to ensure that all children in Montgomery County and Dayton are prepared for kindergarten, laying a solid foundation for success both in school and in life. Through their efforts, families are being educated on the importance of early childhood education and are being equipped to make informed decisions when choosing high-quality early childhood education programs for their children. By investing in early childhood education, Preschool Promise Inc is not only supporting the immediate development of children but also building a more educated workforce for the future. Their mission is to establish a robust early childhood system in Montgomery County, enabling all families to access high-quality child care, preschool, home visiting, and parenting classes. This commitment to education is crucial in shaping the next generation and setting them up for a bright future.
This information is meant to be a general summary of Preschool Promise 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 2022.
- Program Service Revenue: $78,317
- Gross Receipts: $10,487,242
Assets and Liabilities:
- Total Assets: $4,811,083
- Total Liabilities: $3,583,542
- Net Assets: $1,227,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$78,317
Organization Details
Founding Year
2017
Phone
(937) 236-9965Principal Officer
Robyn Lightcap
Main Address
2251 TIMBER LANE, DAYTON, OH, 45414
Website
www.preschoolpromise.orgNTEE Category
Code: B90 - Education
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