Overview
What is Kaleidoscope School?
Kaleidoscope School is a nonprofit organization situated in Seattle, Washington, dedicated to charitable and educational pursuits. They specialize in offering developmentally appropriate preschool programs designed to nurture a child's social, emotional, cognitive, and language growth. Established to cater to 120 students, their programs span from preschool to kindergarten, accommodating children aged between 24 months and kindergarten. The organization's mission is centered around delivering high-quality educational services to foster the holistic development of its young learners.
Official website here: www.kaleidoscope-school.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%
Kaleidoscope School has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns related to their accountability and financial practices. The organization scored particularly low due to a lack of financial statements and missing essential policies, such as a conflict of interest and whistleblower policy. While they do have a listed website and demonstrate compliance in some areas like documenting board meeting minutes, the overall financial transparency appears to be lacking.
Despite the weaknesses in its financial reporting, Kaleidoscope School has a commendable program expense ratio of 83.08%, suggesting that a substantial portion of its resources is directed toward its programs. However, the high liabilities to assets ratio of 3357.51% raises red flags about the organization’s financial health and sustainability.
The presence of a majority independent board is a positive aspect, which can contribute to effective governance, but the organization needs to address significant gaps in transparency and policy implementation to improve its standing and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Kaleidoscope School legitimate?
Kaleidoscope School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kaleidoscope School 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: $83,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $521,642
For more financial information, click here
Official website here: www.kaleidoscope-school.com
What is the mission statement of Kaleidoscope School?
Kaleidoscope School's mission is centered around providing charitable and educational preschool programs. The school is committed to promoting the overall development of children, focusing on their social, emotional, cognitive, and language skills. The school's activities are geared towards serving around 120 students, offering preschool and kindergarten programs for children ranging from 24 months to kindergarten age. The primary goal of Kaleidoscope School is to provide an educational environment that fosters growth and learning in these young individuals.
Official website here: www.kaleidoscope-school.com
Who is the CEO of Kaleidoscope School?
Mary Pat Soukup is the Treasurer of Kaleidoscope School.
Official website here: www.kaleidoscope-school.com
What is the revenue of Kaleidoscope School?
Kaleidoscope School's revenue in 2022 was $964,485.
Official website here: www.kaleidoscope-school.com
Who are the executives of Kaleidoscope School and what are their salaries?
The average compensation at Kaleidoscope School during 2022 was $25,195. There are 24 employees at Kaleidoscope School.
Here are 3 key members and their salaries:
- Compensation: $83,043
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kaleidoscope-school.com
Where can I find the form 990 for Kaleidoscope School?
Kaleidoscope School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kaleidoscope-school.com
Learn more at the official website: www.kaleidoscope-school.com
Mission Statement of Kaleidoscope School
Kaleidoscope School, a nonprofit organization, is dedicated to providing developmentally appropriate preschool programs. Its mission is to nurture the overall growth of children, focusing on their social, emotional, cognitive, and language development. This charitable and educational institution serves approximately 120 students through preschool and kindergarten programs, catering to children ranging from 24 months to kindergarten age. The school's programs are meticulously designed to foster an environment that encourages learning and personal growth, thereby offering an excellent start to a child's educational journey.
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Impact
July, 2024
Kaleidoscope School's impact is profound in the Seattle community, where it offers developmentally appropriate preschool programs that nurture children's social, emotional, cognitive, and language development. Serving 120 students through preschool and kindergarten programs for children aged 24 months through kindergarten, the school plays a vital role in laying the foundation for young learners' future success. Through its charitable and educational initiatives, Kaleidoscope School provides a supportive and enriching environment where children can thrive and grow.
This information is meant to be a general summary of Kaleidoscope School. 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: $933,892
- Gross Receipts: $964,485
Assets and Liabilities:
- Total Assets: $10,575
- Total Liabilities: $355,057
- Net Assets: -$344,482
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Organization Details
Founding Year
1998
Phone
(260) 281-4277Principal Officer
Mary Pat Soukup
Main Address
3312 W LYNN ST, SEATTLE, WA, 98199
Website
www.kaleidoscope-school.comNTEE Category
Code: B21 - Education
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