Creekside Preschool

Nonprofit profile at a glance

EIN
464588220
IRS 990-EZ coverage
2016–2020
Forms available
Form 990-EZ 2020
Location
Urbandale, IA, USA
Phone
5152778454
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions
Affiliation
Christianity

Reported finances

Revenue
$147,784
Expenses
$136,571
Assets
$52,190

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • ANNETTE HAHN (CHAIRMAN)
  • KRISTINE NICEWARNER (TREASURER)
  • HEATHER BABCOCK (MEMBER)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the preschool is to provide a secure place that nurtures development and builds an educational foundation in a christian environment.

What it reported doing in 2020

Creekside preschool operates a part time preschool serving children ages 3 - 5 years old. The school year runs from september through may. During the fiscal year we serviced 55 children. Demographically they were comprised of 27 white, 6 hispanic, 20 asian and 2 african american with 17 english as a second language speakers. Several events are held throughout the year including a christmas progam, family fun night, and end of year celebration. Home visits and translation services are provided as needed. Using research based, developmentally appropriate curriculum, we studied topics such as rocks, literature, and health & nutrition. Our goal is that our children entering kindergarten will be "ready to learn".

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • 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: 7.6%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 33.5%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -2.8% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $137K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2016 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.