Overview
What is Kensington Nursery School Incorporated?
Kensington Nursery School Incorporated is a nonprofit organization located at 52 Arlington Avenue, Kensington, California 94707. The primary focus of this organization is to offer an educational and socialization environment for around 40 children, ranging from 2 years old up until they are ready to begin first grade. This is achieved through the operation of the school, with all revenues and expenses being allocated exclusively towards this purpose. The organization operates as a parent cooperative, with a team of 9 employees working together to ensure the well-being and development of the children in their care.
Official website here: www.kns-ca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%). Kensington Nursery School Incorporated has been rated as needing improvement, reflecting some concerns regarding its overall accountability and financial practices. While the organization has a strong showing in areas like board independence and asset management, it struggles significantly with financial transparency and policy implementation.
The organization boasts a fully independent board, scoring full points in both the majority independent board members and independent board size categories. Additionally, it maintains a favorable liabilities to assets ratio, indicating sound financial health. However, it scored poorly in critical areas such as financial statements and the implementation of conflict of interest and whistleblower policies, which are essential for transparent governance.
Despite its high program expense ratio of 99.86%, suggesting that most of its funds are allocated towards programs rather than administrative costs, the lack of financial documentation raises red flags for potential donors and stakeholders. To enhance its rating and credibility, Kensington Nursery School Incorporated will need to address the gaps in its financial reporting and policy framework.
This AI summary has been generated from information found on Charity Navigator.
Is Kensington Nursery School Incorporated legitimate?
Kensington Nursery School Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kensington Nursery School Incorporated 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: $51,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,665
For more financial information, click here
Official website here: www.kns-ca.org
What is the mission statement of Kensington Nursery School Incorporated?
Kensington Nursery School Incorporated, as a non-profit organization, is dedicated to providing educational and socialization opportunities for approximately 40 children, ranging from 2 years old to the beginning of first grade. The school operates through parent cooperation and utilizes its revenues and expenses solely for this purpose. The mission of Kensington Nursery School Incorporated is to foster an environment that promotes learning and social development in young children, preparing them for their future educational journeys.
Official website here: www.kns-ca.org
Who is the CEO of Kensington Nursery School Incorporated?
Mary Vargas is the President of Kensington Nursery School Incorporated.
Official website here: www.kns-ca.org
What is the revenue of Kensington Nursery School Incorporated?
Kensington Nursery School Incorporated's revenue in 2022 was $486,261.
Official website here: www.kns-ca.org
Who are the executives of Kensington Nursery School Incorporated and what are their salaries?
The average compensation at Kensington Nursery School Incorporated during 2022 was $34,547. There are 9 employees and 15 volunteers at Kensington Nursery School Incorporated.
Here are 6 key members and their salaries:
- Compensation: $51,262
- Related: $0
- Other: $0
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- 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
Official website here: www.kns-ca.org
Where can I find the form 990 for Kensington Nursery School Incorporated?
Kensington Nursery School Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kns-ca.org
Learn more at the official website: www.kns-ca.org
Mission Statement of Kensington Nursery School Incorporated
Kensington Nursery School Incorporated is a dedicated non-profit organization that serves as a parent cooperative preschool. Its primary mission is to offer educational and socialization opportunities for approximately 40 children, ranging from the age of two years up until they are ready to begin first grade. The school's operations are entirely devoted to this purpose, ensuring a nurturing environment for the children's development. By engaging parents in the educational process, Kensington Nursery School Incorporated fosters a sense of community and collaboration, allowing both children and their parents to grow and learn together.
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Impact
July, 2024
Kensington Nursery School Incorporated's impact is significant in providing education and socialization for approximately 40 children ranging in age from 2 years to 1st grade entry. It plays a crucial role in fostering early childhood development and preparing young learners for academic success. Through its parent co-operative preschool model, Kensington Nursery School creates a supportive environment where children can grow, learn, and interact with their peers. By focusing on education and socialization, the school contributes to the overall well-being and development of the children in the community.
This information is meant to be a general summary of Kensington Nursery School Incorporated. 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: $18
- Program Service Revenue: $478,098
- Gross Receipts: $487,956
Assets and Liabilities:
- Total Assets: $171,904
- Total Liabilities: $57,351
- Net Assets: $114,553
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Revenue
Revenue
$468,802
Other Program Revenue
Revenue
$9,296
Organization Details
Founding Year
1945
Phone
(510) 524-7963Principal Officer
Mary Vargas
Main Address
52 Arlington Avenue, Kensington, CA, 94707
Website
www.kns-ca.orgNTEE Category
Code: B21Z - Education
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