Rising Tide Preschool Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843910867 ✦ Nantucket, MA ✦ Designated as a 501(c)(3)

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Overview

What is Rising Tide Preschool Inc?

Rising Tide Preschool Inc, located at 21A Park Circle, Nantucket, MA 02554, is a nonprofit organization dedicated to operating a preschool-day care facility for children aged three to five years old. Their mission is to provide a safe, stimulating environment where children can grow and develop under the nurturing support and guidance of teachers, staff, and parents. Committed to delivering high-quality early education, Rising Tide Preschool aims to offer the best care for the children and families they serve. With a team of 12 dedicated individuals, the preschool fosters an environment that encourages growth and development, promoting a strong foundation for young learners.


Official website here: www.risingtidepreschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Stars

Rising Tide Preschool Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization achieved an overall score of 84%, which is derived entirely from its Accountability & Finance score. A standout feature of the organization is its independent governance, boasting 85% independent board members and a well-structured Audit and Oversight Committee.

Despite these strengths, there are notable areas for improvement. The organization lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the tax form is not posted on the nonprofit's website, which detracts from its transparency efforts. These gaps may raise concerns among stakeholders about governance practices, despite the organization's strong financial management indicated by its low liabilities to assets ratio and high program expense ratio.


This AI summary has been generated from information found on Charity Navigator.

Is Rising Tide Preschool Inc legitimate?

Rising Tide Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rising Tide 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: $57,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,762

For more financial information, click here


Official website here: www.risingtidepreschool.org

What is the mission statement of Rising Tide Preschool Inc?

Rising Tide Preschool Inc is dedicated to providing a nurturing and stimulating environment for children aged three to five. This setting allows children to grow and develop under the guidance of teachers, staff, and parents. The preschool is committed to delivering high-quality early education, ensuring the best possible care for the children and families they serve. Their mission is centered around fostering an environment that encourages growth and development, instilling a strong foundation for future learning and personal growth.


Official website here: www.risingtidepreschool.org

Who is the CEO of Rising Tide Preschool Inc?

Meghan Washington is the Board Chair of Rising Tide Preschool Inc.


Official website here: www.risingtidepreschool.org

What is the revenue of Rising Tide Preschool Inc?

Rising Tide Preschool Inc's revenue in 2022 was $718,203.


Official website here: www.risingtidepreschool.org

Who are the executives of Rising Tide Preschool Inc and what are their salaries?

The average compensation at Rising Tide Preschool Inc during 2022 was $28,147. There are 12 employees at Rising Tide Preschool Inc.


Here are 10 key members and their salaries:


Thayer Hale (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Malone Iii (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Duarte (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Robinson (Assistant Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Badders-Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Cranston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Ferrantella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Kiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Washington (Head Of School)
  • Compensation: $57,000
  • Related: $0
  • Other: $0


Official website here: www.risingtidepreschool.org

Where can I find the form 990 for Rising Tide Preschool Inc?

Rising Tide Preschool Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.risingtidepreschool.org

Learn more at the official website: www.risingtidepreschool.org

Mission Statement of Rising Tide Preschool Inc

Rising Tide Preschool Inc is dedicated to creating a nurturing and stimulating environment for three to five-year-old children, enabling them to grow and develop. The preschool is committed to providing the best early education and highest quality care to the children and families it serves. The team at Rising Tide Preschool comprises teachers, staff, and parents, all working together to support the children's development. They strive to ensure that each child receives a well-rounded education, fostering their growth and helping them reach their full potential.

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Impact




July, 2024

Rising Tide Preschool Inc provides a safe and stimulating environment for children to grow and develop with the nurturing support and guidance of teachers, staff, and parents. They are committed to offering the best early education and highest quality care to the children and families they serve. Through their preschool-day care facility for three to five-year-old children in Nantucket, MA, Rising Tide Preschool positively impacts the lives of young children by fostering their growth and development in a supportive and enriching setting.




This information is meant to be a general summary of Rising Tide 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.

Revenue
$718,203 (2022)
Expenses
$488,541 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $455,606
  • Gross Receipts: $719,357

Assets and Liabilities:

  • Total Assets: $370,780
  • Total Liabilities: $13,785
  • Net Assets: $356,995

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$455,606

Organization Details

Founding Year

2019

Principal Officer

Meghan Washington

Main Address

21A PARK CIRCLE, NANTUCKET, MA, 02554

NTEE Category

Code: P33 - Human services

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