Overview
What is Louisville Preschool Inc?
Louisville Preschool Inc, located in Louisville, Colorado, is a dedicated early childhood education center. Their primary focus is on providing preschool and daycare services to the community. The organization's mission is centered around nurturing children's growth and development during their formative years, offering a safe and engaging environment for learning and play. The information provided does not specify the number of employees or any additional programs or services offered by Louisville Preschool Inc.
Official website here: www.thelouisvillepreschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Louisville Preschool Inc has received a 56% rating from Charity Navigator, indicating significant concerns regarding its governance and accountability practices. The organization scores particularly poorly in areas such as board independence and the presence of essential policies, leading to a notable lack of trust in its management structure. While it has demonstrated a strong commitment to utilizing the majority of its expenses for program services, the overall score reflects serious weaknesses in governance.
Strengths of Louisville Preschool Inc include a high program expense ratio of 96.51%, which suggests that the majority of its funding directly supports its mission. Furthermore, there have been no reported material diversions of assets, indicating that the organization's resources are being managed appropriately in that regard. However, these positives are overshadowed by critical deficiencies in board governance and policy frameworks.
Limitations include an entirely dependent board, a missing conflict of interest policy, and the absence of a whistleblower policy, along with inadequate documentation practices. These factors contribute to its low overall rating and raise concerns about the transparency and effectiveness of its operational oversight. Potential donors and stakeholders should consider these issues when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Louisville Preschool Inc legitimate?
Louisville Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville 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: $50,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,678
For more financial information, click here
Official website here: www.thelouisvillepreschool.com
What is the mission statement of Louisville Preschool Inc?
Louisville Preschool Inc., as a preschool and daycare center, is dedicated to providing early education and care for children. Their mission, in simple terms, is centered around this primary function. The preschool aims to foster a nurturing environment where children can learn and grow, preparing them for their future educational journeys. However, the provided information does not specify any additional goals or objectives beyond this basic mission statement.
Official website here: www.thelouisvillepreschool.com
Who is the CEO of Louisville Preschool Inc?
Elizabeth Shannon is the Director of Louisville Preschool Inc.
Official website here: www.thelouisvillepreschool.com
What is the revenue of Louisville Preschool Inc?
Louisville Preschool Inc's revenue in 2022 was $178,137.
Official website here: www.thelouisvillepreschool.com
Who are the executives of Louisville Preschool Inc and what are their salaries?
The average compensation at Louisville Preschool Inc during 2022 was $25,753. There are 4 employees and 6 volunteers at Louisville Preschool Inc.
Here are 7 key members and their salaries:
- Compensation: $50,335
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.thelouisvillepreschool.com
Where can I find the form 990 for Louisville Preschool Inc?
Louisville Preschool Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelouisvillepreschool.com
Learn more at the official website: www.thelouisvillepreschool.com
Mission Statement of Louisville Preschool Inc
Louisville Preschool Inc, as a preschool and daycare center, is dedicated to providing an educational environment for young children in Louisville, CO. Their mission is centered around offering a nurturing and stimulating atmosphere that supports the overall development of each child, both cognitively and socially. This early learning center aims to prepare children for their future academic journeys while fostering their emotional and social growth. By providing a well-rounded preschool and daycare experience, Louisville Preschool Inc seeks to lay a strong foundation for each child's future success.
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Impact
October, 2024
Louisville Preschool Inc plays a vital role in the community by providing early childhood education and daycare services. Through its focused mission, the institution fosters a nurturing environment that supports the developmental needs of young children. This impact extends beyond the classroom, as it promotes social skills, emotional growth, and cognitive development in a structured yet flexible setting.
By offering a safe and engaging space, Louisville Preschool Inc enables children to explore their creativity, form friendships, and build a foundation for lifelong learning. The preschool's commitment to quality education not only benefits the children enrolled but also supports families in the Louisville area by allowing parents to pursue their professional goals while knowing their children are in good hands.
Overall, Louisville Preschool Inc significantly contributes to the community by preparing children for future academic success and instilling a love for learning from an early age.
This information is meant to be a general summary of Louisville 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 2022.
- Investment Income: $79
- Program Service Revenue: $118,207
- Gross Receipts: $178,137
Assets and Liabilities:
- Total Assets: $29,188
- Total Liabilities: $10
- Net Assets: $29,178
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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
$118,207
Organization Details
Founding Year
1993
Phone
(303) 665-4464Principal Officer
Elizabeth Shannon
Main Address
628 LAFARGE AVENUE, LOUISVILLE, CO, 80027
NTEE Category
Code: B21 - Education
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