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True Sunshine Preschool Center Inc

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

EIN: 942242733 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is True Sunshine Preschool Center Inc?

True Sunshine Preschool Center Inc, situated in San Francisco, California, is a nonprofit organization dedicated to providing childcare services. Their primary focus is on supporting families, offering subsidized childcare for low-income families and providing approximately 4,268 child days of enrollment annually. The center's mission is to foster the holistic development of children, nurturing their social, physical, intellectual, emotional, creative, and linguistic skills. This preparatory care aims to set a solid foundation for their future educational experiences. With a team of 11 dedicated professionals, True Sunshine Preschool Center Inc seeks to empower the next generation.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

True Sunshine Preschool Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score of 86% is derived entirely from the Accountability & Finance beacon, indicating a rigorous evaluation of the organization's financial management practices.

The preschool center demonstrates a high level of accountability with all board members being independent, which is a key strength in maintaining transparency and avoiding conflicts of interest. Additionally, the organization has effective financial oversight with an audit and oversight committee in place, as well as positive metrics such as a low liabilities-to-assets ratio and a program expense ratio of 86.66%, indicating a strong commitment to its mission.

While the charity shows strong financial health and governance, the rating is based solely on financial metrics, and potential donors may want to consider additional factors such as program impact and community feedback to form a comprehensive understanding of the organization's overall effectiveness.


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

Is True Sunshine Preschool Center Inc legitimate?

True Sunshine Preschool Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. True Sunshine Preschool Center 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: $99,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $319,359

For more financial information, click here

What is the mission statement of True Sunshine Preschool Center Inc?

True Sunshine Preschool Center Inc's mission is centered around nurturing and preparing children for their future educational experiences. Specifically, their mission is to foster the development of children's social, physical, intellectual, emotional, creative, and linguistic skills. This preschool center aims to provide an enriching environment that caters to various aspects of a child's growth, ensuring they are well-equipped for their educational journey ahead. Additionally, True Sunshine Preschool Center Inc offers subsidized childcare services to support low-income families, providing approximately 4,268 child days of enrollment annually.

Who is the CEO of True Sunshine Preschool Center Inc?

Annie Chin is the President of True Sunshine Preschool Center Inc.

What is the revenue of True Sunshine Preschool Center Inc?

True Sunshine Preschool Center Inc's revenue in 2022 was $896,037.

Who are the executives of True Sunshine Preschool Center Inc and what are their salaries?

The average compensation at True Sunshine Preschool Center Inc during 2022 was $38,092. There are 11 employees and 6 volunteers at True Sunshine Preschool Center Inc.


Here are 7 key members and their salaries:


Diana Kong (Executive Dir.)
  • Compensation: $89,494
  • Related: $0
  • Other: $0
Annie Chin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Loo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myrto Koimtzoglou (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Addie Bjornsen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejendra Meza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Tat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for True Sunshine Preschool Center Inc?

True Sunshine Preschool Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of True Sunshine Preschool Center Inc

True Sunshine Preschool Center Inc is committed to fostering the holistic development of children. This nonprofit organization aims to nurture a child's social, physical, intellectual, emotional, creative, and linguistic skills. By providing these essential skills, True Sunshine Preschool Center Inc prepares children for their future educational experiences, setting them up for success in their subsequent learning journeys. The mission of True Sunshine Preschool Center Inc is to offer childcare services to families, including subsidized options for low-income families. Through these services, the nonprofit provides approximately 4,268 child days of enrollment, contributing to the growth and development of numerous young minds.

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Impact




July, 2024

True Sunshine Preschool Center Inc's impact is significant in developing children's social, physical, intellectual, emotional, creative, and linguistic skills in preparation for future educational experiences. By providing childcare services for families in San Francisco, including subsidized childcare for low-income families, the center has made a positive difference in the lives of many children. With approximately 4,268 child days of enrollment of services, True Sunshine Preschool Center Inc is actively contributing towards the well-being and development of the community's youth.




This information is meant to be a general summary of True Sunshine Preschool Center 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
$896,037 (2022)
Expenses
$780,116 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $37,863
  • Gross Receipts: $896,037

Assets and Liabilities:

  • Total Assets: $1,378,678
  • Total Liabilities: $124,897
  • Net Assets: $1,253,781

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Programs

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

Parent fee- non subsidize

Revenue

$37,863

Organization Details

Founding Year

1975

Principal Officer

Annie Chin

Main Address

777 Stockton Street 201, San Francisco, CA, 94108

NTEE Category

Code: P33Z - Human services

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