Overview
What is Mwla Inc?
Mwla Inc Dba Turning Point is a nonprofit educational organization located at 8780 National Boulevard in Culver City, California (ZIP code 90232). With approximately 300 students, they offer services for preschool, pre-K, elementary, and middle school learners. Their mission is to foster a vibrant learning community where each child can reach their full potential. The organization employs around 111 individuals, and their primary activity involves providing educational services to students in the preschool to middle school age range.
Official website here: www.turningpointschool.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 89%, Three-Star out of Four Star rating.
Mwla Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is based entirely on its accountability and finance beacon, which highlights its commitment to transparency and effective financial management. With an impressive 100% of its board members being independent, Mwla Inc demonstrates a strong governance structure that prioritizes accountability.
The organization excels in various financial practices, as indicated by its high scores in areas such as audit oversight and the absence of material diversion of assets. Its program expense ratio of 81.20% suggests that a significant portion of its funds is directed toward its charitable programs, which is a positive indicator for potential donors. Additionally, the charity has implemented necessary policies, including conflict of interest and whistleblower protections, contributing to its strong governance framework.
However, there are some limitations to consider, such as a liabilities to assets ratio of 59.97%, which could indicate a need for improved financial health management. While the organization shows a commitment to accountability, prospective supporters may want to monitor its financial stability in the long term. Overall, Mwla Inc stands out as a reliable nonprofit dedicated to maintaining high standards in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Mwla Inc legitimate?
Mwla Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mwla 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: $893,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,220,554
For more financial information, click here
Official website here: www.turningpointschool.org
What is the mission statement of Mwla Inc?
Mwla Inc Dba Turning Point welcomes students from preschool to middle school every day, striving to establish a vibrant learning community. Their mission is to facilitate each child's growth into their best self. Through educational services tailored to preschool, pre-K, elementary, and middle school students, approximately 300 children have the opportunity to thrive. Their dynamic approach to education aims to foster an environment that nurtures each student's unique abilities and potential.
Official website here: www.turningpointschool.org
Who is the CEO of Mwla Inc?
Dr Laura Konigsberg is the Head Of School of Mwla Inc.
Official website here: www.turningpointschool.org
What is the revenue of Mwla Inc?
Mwla Inc's revenue in 2022 was $15,351,690.
Official website here: www.turningpointschool.org
Who are the executives of Mwla Inc and what are their salaries?
The average compensation at Mwla Inc during 2022 was $55,084. There are 111 employees and 25 volunteers at Mwla Inc.
Here are 22 key members and their salaries:
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- Other: $15,643
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- Other: $13,368
Official website here: www.turningpointschool.org
Where can I find the form 990 for Mwla Inc?
Mwla Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.turningpointschool.org
Learn more at the official website: www.turningpointschool.org
Mission Statement of Mwla Inc
Mwla Inc Dba Turning Point, a dynamic educational organization, welcomes students from preschool to middle school every day. The mission at Turning Point is to foster a vibrant learning community where each child can blossom into their best self. By providing educational services tailored to preschool, pre-K, elementary, and middle school students, approximately 300 children have the opportunity to thrive under Turning Point's care.
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Impact
October, 2024
Mwla Inc significantly impacts the local community by providing educational services for preschool, pre-K, elementary, and middle school students. Serving approximately 300 students, it fosters a dynamic learning environment in Culver City, CA, where children can thrive. The organization focuses on nurturing each child's individual growth, ensuring they develop into their best selves. Through its dedicated educational programs, Mwla Inc contributes to cultivating a strong foundation for future learning and personal development, positively shaping the lives of children and their families.
This information is meant to be a general summary of Mwla 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,482,585
- Program Service Revenue: $11,362,286
- Gross Receipts: $18,485,096
Assets and Liabilities:
- Total Assets: $39,267,100
- Total Liabilities: $23,944,680
- Net Assets: $15,322,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$11,092,423
AUXILLARY SERVICES
Revenue
$269,863
Organization Details
Founding Year
1977
Phone
(310) 841-2505Principal Officer
Dr Laura Konigsberg
Main Address
8780 NATIONAL BOULEVARD, CULVER CITY, CA, 90232
Website
www.turningpointschool.orgNTEE Category
Code: B24I - Education
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