Overview
What is Creative Play And Preschools Ltd?
Creative Play and Preschools Ltd is a nonprofit organization situated in Soldotna, Alaska. Their primary focus is providing child daycare services at two licensed and inspected facilities, accommodating up to 60 children aged between birth and 12 years. The organization's mission is to offer high-quality childcare, enabling parents to work or attend training, while ensuring they feel confident that their child is in a secure and educational environment. With a workforce of 21 dedicated individuals, Creative Play and Preschools Ltd contributes to the community by offering a nurturing space for children during regular business hours.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Creative Play And Preschools Ltd has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. With an overall score of 50%, the organization fails to meet many critical benchmarks, particularly in governance and financial reporting.
One notable strength is the program expense ratio, which stands at 87.32%, suggesting that a substantial portion of its budget is allocated towards its programs. However, the organization lacks independent board members, as only 33% of the board is independent. Additionally, it has not provided essential financial statements or key governance policies, such as conflict of interest and whistleblower policies, which are crucial for maintaining trust and accountability.
The absence of vital documents, including board meeting minutes and tax forms posted on the nonprofit's website, raises further red flags. Overall, while the organization demonstrates a strong commitment to program expenses, its deficiencies in governance and transparency significantly impact its rating and signal the need for improvements in these areas.
This AI summary has been generated from information found on Charity Navigator.
Is Creative Play And Preschools Ltd legitimate?
Creative Play And Preschools Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creative Play And Preschools Ltd 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: $78,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,099
For more financial information, click here
What is the mission statement of Creative Play And Preschools Ltd?
Creative Play and Preschools Ltd is committed to providing high-quality childcare services. The organization aims to support parents by enabling them to work or attend training, providing them with the assurance that their child is in a secure and educational environment. The childcare facilities, licensed and inspected, accommodate children from birth to 12 years old, ensuring they receive comprehensive care during regular business hours at two locations.
What is the revenue of Creative Play And Preschools Ltd?
Creative Play And Preschools Ltd's revenue in 2023 was $1,309,025.
Who are the executives of Creative Play And Preschools Ltd and what are their salaries?
The average compensation at Creative Play And Preschools Ltd during 2023 was $20,449. There are 21 employees at Creative Play And Preschools Ltd.
Here are 3 key members and their salaries:
- Compensation: $71,920
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Creative Play And Preschools Ltd?
Creative Play And Preschools Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Creative Play And Preschools Ltd
Creative Play and Preschools Ltd is committed to providing high-quality childcare services. Their mission is to offer a safe and educational environment for children, enabling their parents to pursue gainful employment or further their education. By offering this service, the organization aims to instill confidence in parents that their children are well-cared for during the day. The organization operates two licensed and inspected facilities, accommodating children between birth and 12 years of age during regular business hours.
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Impact
July, 2024
Creative Play And Preschools Ltd has a significant impact on the community by providing quality childcare services to parents, enabling them to be gainfully employed or attend training. This not only supports parents in their professional and personal growth but also ensures that their children are in a safe and educational environment. By offering childcare services at two licensed and inspected facilities that can accommodate up to 60 children between the ages of birth and 12 years old, Creative Play And Preschools Ltd plays a vital role in supporting families in Soldotna, AK.
This information is meant to be a general summary of Creative Play And Preschools Ltd. 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: $3,964
- Program Service Revenue: $997,397
- Gross Receipts: $1,309,025
Assets and Liabilities:
- Total Assets: $385,725
- Total Liabilities: $0
- Net Assets: $385,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
KENAITZE TUITION
Revenue
$124,146
PARENT TUITION
Revenue
$586,765
SUBSIDIES & PROGRAMS
Revenue
$286,486
Organization Details
Founding Year
1995
Principal Officer
Amy J Larson
NTEE Category
Code: P33 - Human services
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