Chapel Hill Kaleidoscope Kids
Nonprofit profile at a glance
- EIN
- 871443830
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Portage, MI, USA
- Phone
- 2693276643
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $176,327
- Expenses
- $150,458
- Assets
- $116,030
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Sonia Lark (President)
People named in this filing
- Torey Davenport (Director)
- Andrea Trantham (Director)
- Charles Curts (Director)
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
Chapel Hill Kaleidoscope Kids Preschool was created to provide high-quality early childhood education, rooted in a progressive understanding of the Christian faith, to children of the greater Kalamazoo/Portage area.Kaleidoscope Kids will be a preschool that affirms all the inherent worth of marginalized peoples, creating a more just world both for the children and staff and for parent/guardians who might not have felt safe or affirmed in other childcare spaces.At Portage Chapel Hill Church, we understand that being the church means having meaningful relationships with people in our community. One of the most meaningful relationships we can have is partnering in raising and forming children.
What it reported doing in 2024
Provide high-quality early childhood education to three and four year olds in the Portage, Michigan area.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 62
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.4%; rating input score 85
- 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: Yes; rating input score 100
Sustainability
- Operating margin: 14.7%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 85.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $150K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.