Overview
What is Solid Foundation Preschool?
Solid Foundation Preschool is a nonprofit institution located in Hutto, Texas. With a strong commitment to fostering holistic development, the preschool operates within a Christian framework, preparing children for their transition into elementary school. Their mission encompasses providing authentic learning experiences that nurture each child's intellectual, social, physical, and spiritual growth in an academically stimulating environment. By focusing on the whole child, Solid Foundation Preschool aims to equip young learners with the necessary skills for future success and offers a secure environment for the community's children. The preschool is staffed by a team of 29 dedicated individuals.
Official website here: www.solidfoundationpreschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating.
Solid Foundation Preschool has received a Two-Star rating, indicating that there are significant areas for improvement, particularly in accountability and finance. The organization has an overall score of 61%, which reflects a reasonable program expense ratio of 80.59%, suggesting that the majority of its expenditures are directed towards its mission. However, the lack of financial statements and policies such as Conflict of Interest and Whistleblower protections raises concerns about transparency and governance.
The nonprofit's board composition shows some strengths, with 42% independent members and a fully independent board size, which can lend itself to better oversight. Additionally, there were no reported material diversions of assets, which indicates a level of financial integrity. However, the absence of key governance documents and the failure to publish tax forms on its website highlight critical gaps that could hinder stakeholder confidence.
Overall, while Solid Foundation Preschool demonstrates a commitment to its mission through substantial program expenses, the lack of transparency and governance policies limits its rating. Addressing these deficiencies could enhance its accountability and ultimately improve its standing with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Solid Foundation Preschool legitimate?
Solid Foundation Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solid Foundation 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: $219,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $364,873
For more financial information, click here
Official website here: www.solidfoundationpreschool.com
What is the mission statement of Solid Foundation Preschool?
Solid Foundation Preschool's mission is centered around providing genuine learning experiences for children, fostering their intellectual, social, physical, and spiritual development. The preschool aims to prepare young children for future success by educating the whole child in an academically enriched environment. Furthermore, Solid Foundation Preschool serves as a secure place for the community, offering a place where parents can confidently send their children.
Official website here: www.solidfoundationpreschool.com
Who is the CEO of Solid Foundation Preschool?
Lindsey Kozak is the Director of Solid Foundation Preschool.
Official website here: www.solidfoundationpreschool.com
What is the revenue of Solid Foundation Preschool?
Solid Foundation Preschool's revenue in 2022 was $903,690.
Official website here: www.solidfoundationpreschool.com
Who are the executives of Solid Foundation Preschool and what are their salaries?
The average compensation at Solid Foundation Preschool during 2022 was $20,161. There are 29 employees and 2 volunteers at Solid Foundation Preschool.
Here are 7 key members and their salaries:
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Official website here: www.solidfoundationpreschool.com
Where can I find the form 990 for Solid Foundation Preschool?
Solid Foundation Preschool's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solidfoundationpreschool.com
Learn more at the official website: www.solidfoundationpreschool.com
Mission Statement of Solid Foundation Preschool
Solid Foundation Preschool is committed to offering authentic learning experiences that nurture a child's intellectual, social, physical, and spiritual growth. Located in an academic-rich environment, the preschool prepares young children for their future success by educating the whole child. Solid Foundation Preschool provides a secure and welcoming space for the community, enabling parents to trust in sending their children to the institution. The preschool's mission is centered on fostering a well-rounded development for each child, ensuring their future prosperity.
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Impact
July, 2024
Solid Foundation Preschool has a profound impact on the young children in our community by providing authentic learning experiences that foster their intellectual, social, physical, and spiritual development in an academic-rich environment. Through their Christian preschool program, they prepare children for elementary school, equipping them with a solid foundation for success in academics and life. By focusing on teaching the whole child and offering a safe place for families to send their children, Solid Foundation Preschool plays a vital role in shaping the future generation's educational journey and overall well-being.
This information is meant to be a general summary of Solid Foundation 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 2022.
- Program Service Revenue: $627,730
- Gross Receipts: $905,389
Assets and Liabilities:
- Total Assets: $239,707
- Total Liabilities: -$22,894
- Net Assets: $262,601
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$627,730
Organization Details
Founding Year
2019
Principal Officer
Lindsey Kozak
Main Address
PO BOX 404, HUTTO, TX, 78634
NTEE Category
Code: B21 - Education
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