Overview
What is My Weekday School Inc?
My Weekday School Inc, based in Lexington, Massachusetts, is a nonprofit organization dedicated to providing educational services for preschool-aged children. Its mission is to offer a cheerful, manageable environment away from home, filled with fun and discovery, where children can develop socially, emotionally, intellectually, and physically. The program values the unique qualities of each child and aims to foster a sense of concern for others and the natural world. With a team of caring individuals, the school provides hands-on experiences and positive feedback to stimulate children's growth. The organization currently employs 16 people.
Official website here: www.myweekdayschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
My Weekday School Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating is based solely on the Accountability & Finance beacon, indicating a strong emphasis on financial integrity and transparency within the organization. The evaluation highlights the charity's commitment to maintaining a majority independent board and achieving high marks in financial statements and asset management.
One of the key strengths noted in the assessment is the charity's independent governance, with 100% of board members being independent. Additionally, the organization has no reported issues related to the diversion of assets, which contributes to its strong financial health as indicated by a favorable liabilities-to-assets ratio of 8.17%. The high percentage of program expenses, at 80.62%, suggests that the majority of its funds are effectively directed toward its mission.
However, the review also points out some limitations, particularly the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which received the lowest possible scores in those categories. While these areas could benefit from improvement, the overall financial standing and accountability of My Weekday School Inc reflect a dedicated effort towards responsible nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is My Weekday School Inc legitimate?
My Weekday School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Weekday 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,070
For more financial information, click here
Official website here: www.myweekdayschool.org
What is the mission statement of My Weekday School Inc?
My Weekday School Inc's mission is to provide a cheerful and manageable environment for children, serving as a fun and stimulating alternative to home. This is accomplished with a warm atmosphere that encourages hands-on experiences and positive feedback, aiming to foster social, emotional, intellectual, and physical development. The program values the differences among children and strives to guide them beyond self-awareness, cultivating a sense of concern for others and the natural world.
Official website here: www.myweekdayschool.org
Who is the CEO of My Weekday School Inc?
Ruth Carlson is the Director of My Weekday School Inc.
Official website here: www.myweekdayschool.org
What is the revenue of My Weekday School Inc?
My Weekday School Inc's revenue in 2023 was $624,095.
Official website here: www.myweekdayschool.org
Who are the executives of My Weekday School Inc and what are their salaries?
The average compensation at My Weekday School Inc during 2023 was $18,567. There are 16 employees at My Weekday School Inc.
Here are 6 key members and their salaries:
- Compensation: $59,275
- Related: $0
- Other: $0
- Compensation: $36,743
- Related: $0
- Other: $0
- Compensation: $28,416
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.myweekdayschool.org
Where can I find the form 990 for My Weekday School Inc?
My Weekday School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.myweekdayschool.org
Learn more at the official website: www.myweekdayschool.org
Mission Statement of My Weekday School Inc
My Weekday School Inc is committed to providing a welcoming and stimulating environment for children, offering them a respite from home with an atmosphere filled with fun and discovery. The program is staffed by caring individuals who engage children in hands-on experiences, providing positive feedback to foster their social, emotional, intellectual, and physical development. The school values the diversity among children and strives to guide them beyond self-awareness, encouraging a sense of concern for others and the natural world. My Weekday School Inc's mission is to create an environment that not only supports the growth of each child but also nurtures their understanding and appreciation for the world around them.
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Impact
July, 2024
My Weekday School Inc provides a cheerful and manageable place for preschool-age children to learn and grow in a warm atmosphere of fun and discovery. Their educational services focus on stimulating social, emotional, intellectual, and physical development through hands-on experiences and positive feedback. The program values differences among children and encourages them to move past self-awareness towards a concern for others and the natural world. This organization's impact lies in fostering holistic development in young children and instilling a sense of empathy and curiosity in them.
This information is meant to be a general summary of My Weekday 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,891
- Program Service Revenue: $404,082
- Gross Receipts: $625,176
Assets and Liabilities:
- Total Assets: $486,563
- Total Liabilities: $39,753
- Net Assets: $446,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$404,082
Organization Details
Founding Year
2017
Phone
(781) 862-8489Principal Officer
Ruth Carlson
Main Address
2600 MASSACHUSETTS AVE, LEXINGTON, MA, 02421
Website
www.myweekdayschool.orgNTEE Category
Code: B21 - Education
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