Purple Moose Enrichment Preschool Inc
Nonprofit profile at a glance
- EIN
- 475636376
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Location
- Crystal Lake, IL, USA
- Phone
- 8154597299
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $266,804
- Expenses
- $273,229
- Assets
- $48,484
- Liabilities
- $3,265
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ANNA LINSCHEID (PRESIDENT)
Highest reported compensation
- ANNA LINSCHEID (PRESIDENT): $97,485 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purple moose enrichment preschools mission is to provide children with the best social and educational experience obtainable within a caring and safe environment using developmentally appropriate curriculum.
What it reported doing in 2024
DUE TO OUR MOVE AND AVAILABILITY OF SPACE WE ARE ABLE TO OFFER SERVICES TO MANY NEW FAMILIES WHO WERE PREVIOUSLY OUR OF RADIUS. OUR PROGRAM WELCOMED 15 NEW FAMILIES TO OUR TWO-YEAR OLD PROGRAM. WELCOMED 13 NEW FAMILIES TO THE THREE-YEAR OLD PROGRAM. WELCOMED 12 NEW FAMILIES TO OUR FOUR/FIVE-YEAR OLD PROGRAM. We continued to offer a separate scholarship offering for the staff, to encourage training and professional growth. With the expansion of our fundraising we have been able to offer our families more scholarships and continue sharing our mission of growing the opportunity to offer the preschool experience to families that may otherwise have to forgo this important developmental opportunity. Likewise, there was much positive feedback on supporting the opportunity for the teachers to take part in trainings that are outside their budgets, but will continue to make significant improvement in the quality of learning. This year we continued to extend the tuition scholarship program to our families. The total benefit of the scholarship was $8700. We hope to continue growint this efort in the next school year. The benefit for staff scholarships this year was $1600. In the next school year, we once again hope to grow this amount.
Operating model
- Revenue model
- Earned-program. 100% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 55
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 92.5%; rating input score 92
- 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: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.4%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 35.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 19.1% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 92.5% of spending went to programs
- Governance: 2 of 3 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $253K in reported program spending
- Leadership: top reported pay $97K · 5 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.