Meridian Hills Cooperative Nursery & Kindergarten Inc
Nonprofit profile at a glance
- EIN
- 351034316
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3177212322
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $125,900
- Expenses
- $113,166
- Assets
- $234,093
- Liabilities
- $194
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ABBY CHIPMAN (CO-PRESIDENT)
- TAYLOR JACOBY (CO-PRESIDENT)
People named in this filing
- LINDA FOLEY (ASST DIR/TEA)
- JENNIFER MENTZ (TEACHER)
- CHRISTINE WISE (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
Parent cooperative preschool helping children, parents, and teachers grow together.
Operating model
- Revenue model
- Earned-program. 92% 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.5%; rating input score 91
- 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: 10.1%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 2.07; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 61.9%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 90.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $113K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.