Little Creek Preschool DBA Cornerstone Co-op Preschool
Nonprofit profile at a glance
- EIN
- 751326536
- IRS 990-EZ coverage
- 2015–2023
- Forms available
- Form 990-EZ 2023
- Location
- Denton, TX, USA
- Phone
- 9406007084
- Rating confidence
- Limited
Reported finances
- Revenue
- $132,457
- Expenses
- $96,566
- Assets
- $73,468
- Liabilities
- $131,329
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- KELLY WADDILL (President)
People named in this filing
- BRITTON BLACKWOOD (Director)
- KELLY WADDILL (President)
- LEAH CONRAD (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cooperative preschool program
What it reported doing in 2023
We are a small preschool with 50 students ranging from 1 to 5 years. We are a cooperative preschool with a group of parent volunteers. We have a non-paid parent board. We have a paid director, teachers, and any teacher assistant. There are three classrooms. All positions are part time.
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27.1%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 1.79; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 18.9%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: -6.4% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2015 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 17/100.