Aldersgate Preschool Inc
Nonprofit profile at a glance
- EIN
- 470690033
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Bellevue, NE, USA
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $93,467
- Expenses
- $89,197
- Assets
- $74,338
- Liabilities
- $3,533
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Amber Ludlow (President)
People named in this filing
- Jamie Virgilito (Director)
- Guadalupe Partida (Trustee)
- Patricia Rupp (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Public Education
What it reported doing in 2024
We are a preschool not a childcare institution We have daily schedule of activities that help children develop concepts and many skills that are necessary for life in school We provide experiences in the classroom and outside the school through outdoor play and monthly field trips that broaden the childrens understanding of their world The subject areas that we cover are language math science reading social studies health music art movement and drama Our curriculum is developed around theme units that are 1-2 weeks long The many subjects are integrated in the theme units There is a teacher and assistant teacher that use a curriculum prepared by the director who is certified by the State of Nebraska Dept of Education Our school is licensed by the Dept of Health and Human Services of the State of Nebraska The children come for 2 1/2 hour sessions 2 or 3 days a week depending on their age group Our students are in the three-to-five-year age group We operate classes from September to May during the school year We keep the same scheduled holidays and vacation as the local public school district Our preschool has been educating young children since 1970 During the 2024-2025 school we enrolled 12 three year old students and 24 four to five year old student The three largest amounts of our expenses were 73128 spent on salaries and employment taxes 4613 was spent on utilities maintenance and needed facility upgrades 6591 was spent on telecommunications insurance and supplies
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.6%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.83; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 76.2%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 14.6% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 95.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.