Garfield Cooperative Preschool Inc

Nonprofit profile at a glance

EIN
382087707
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Livonia, MI, USA
Phone
2482176514
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$152,676
Expenses
$144,234
Assets
$40,630

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • ASHLEY WISHMEYER (PRESIDENT)

People named in this filing

  • ASHLEY WISHMEYER (PRESIDENT)
  • ERIN LOVELL-BANKO (VICE PRESIDE)
  • LAURYN NICKERT (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

Cooperative preschool, licensed by the state of Michigan, department of human services, is non-sectarian and non-discriminatory. The preschool will offer a developmental program in a structured, play-based learning environment that promotes independence, self-confidence, and fosters social, academic, and creative growth. The said organization is exclusively for educational purposes under section 501(c)3 of the IRS code of 1954, as amended, and shall forever remain a non-profit institution.

What it reported doing in 2024

The purpose of this organization shall be to administer and maintain a cooperative preschool, licensed by the state of Michigan, department of human services, that is non-sectarian and non-discriminatory. The preschool will offer a developmental program in a structured, play-based learning environment that promotes independence, self-confidence, and fosters social, academic, and creative growth.

Operating model

Revenue model
Earned-program. 68% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.3%; rating input score 91
  • Program expense ratio: 96.6%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 39.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 40.2% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 91.3% of revenue deployed · 96.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $139K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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.

  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.