Overview
What is Felicidad Foundation?
The Felicidad Foundation is a nonprofit organization, specifically known for its Serendipity Day School, which is situated in Albuquerque, New Mexico. Their primary focus is on providing a top-notch pre-school experience, catering to the educational and care needs of nursery, early school admission, and kindergarten children. The foundation's mission is deeply rooted in ensuring a high-quality pre-school environment, thereby contributing positively to the early development of young learners.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Felicidad Foundation has received a solid rating of 79%, indicating a respectable level of transparency and financial health. A Three-Star rating suggests that the organization demonstrates a commitment to accountability and responsible financial practices, which is essential for donor confidence.
Strengths of the foundation include a fully independent board with all members free from conflicts of interest, and excellent scores in various governance areas such as whistleblower and conflict of interest policies. The foundation also boasts a strong program expense ratio of 75.52%, meaning that a significant majority of its expenditures are allocated directly to its programs, reinforcing its effectiveness in fulfilling its mission.
However, while the foundation shows strong financial management and governance practices, there may be areas for improvement. The overall rating is positive but leaves room for further enhancement in areas that can elevate their performance to a higher tier, ensuring even greater trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Felicidad Foundation legitimate?
Felicidad Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Felicidad Foundation 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: $407,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Felicidad Foundation?
The Felicidad Foundation's mission, as demonstrated by its activity, is centered around providing a high-quality pre-school experience. This encompasses both education and care for children in various stages, including nursery, early school admissions, and kindergarten. The foundation's efforts are not specified in the provided data, but it can be inferred that their goal is to offer a nurturing and educational environment that prepares young children for their future schooling.
Who is the CEO of Felicidad Foundation?
Tanya Mueller is the President of Felicidad Foundation.
What is the revenue of Felicidad Foundation?
Felicidad Foundation's revenue in 2023 was $661,579.
Who are the executives of Felicidad Foundation and what are their salaries?
The average compensation at Felicidad Foundation during 2023 was $15,092. There are 27 employees and 3 volunteers at Felicidad Foundation.
Here are 7 key members and their salaries:
- Compensation: $63,524
- Related: $0
- Other: $0
- Compensation: $2,057
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Felicidad Foundation?
Felicidad Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Felicidad Foundation
The Felicidad Foundation, in its mission, aims to provide a high-quality pre-school experience. At the heart of its operations is the Serendipity Day School, which offers comprehensive education and care for children in various stages, ranging from nursery to kindergarten. Located in Albuquerque, New Mexico, this pre-school establishment is dedicated to nurturing young minds, ensuring they have a solid foundation before they embark on their formal educational journeys. The Felicidad Foundation's mission is centered around providing an enriching pre-school experience, fostering an environment that encourages learning and growth in children.
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Impact
July, 2024
Felicidad Foundation's impact lies in providing a quality pre-school experience for nursery, early school admissions, and kindergarten children in Albuquerque, NM through their Serendipity Day School. Through their educational and caring programs, they lay the foundation for children's academic and personal growth, setting them up for success in their future educational endeavors. By focusing on early childhood development, Felicidad Foundation contributes to the overall educational landscape in Albuquerque and helps shape the future leaders of tomorrow.
This information is meant to be a general summary of Felicidad Foundation. 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: $291
- Program Service Revenue: $640,201
- Gross Receipts: $662,222
Assets and Liabilities:
- Total Assets: $750,497
- Total Liabilities: $1,571
- Net Assets: $748,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & registration fees
Revenue
$640,201
Organization Details
Founding Year
1975
Phone
(817) 240-2027Principal Officer
Tanya Mueller
Main Address
124 RICHMOND SE, ALBUQUERQUE, NM, 87106
NTEE Category
Code: B21Z - Education
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