Pied Piper Pre-school
Nonprofit profile at a glance
- EIN
- 941219132
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019
- Location
- Walnut Creek, CA, USA
- Phone
- 9259323816
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $238,035
- Expenses
- $232,834
- Assets
- $368,264
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Larissa Geleris (President)
- Caitlin Hornsby (Vice President)
Highest reported compensation
- Pia Griffin (Director): $76,384 total reported compensation
- Carrie Shearer (Asst. Director): $37,889 total reported compensation
- Michael Dunn (Teacher Assistant): $24,467 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide recreational and educational activities for preschool children; to promote parent education; and to maintain a cooperative organization for conducting a play center
What it reported doing in 2024
Pied Piper Preschool provides a quality preschool experience in a parent cooperative environment
Operating model
- Revenue model
- Other-operating. 84% of the money available for current operations came from other operating 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 90
- Accountability: 5
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.9%; rating input score 98
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.2%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 62.5%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 11.2% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 97.9% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 15 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $233K in reported program spending
- Leadership: top reported pay $76K · 10 people listed
- Consistency: 41 of 41 current checks pass
- Schedules: 5 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Officer compensation ratio scored 2/100.