Tamworth Pre-school Inc
Nonprofit profile at a glance
- EIN
- 020270074
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Tamworth, NH, USA
- Phone
- 6033238300
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $348,665
- Expenses
- $358,051
- Assets
- $116,179
- Liabilities
- $56,631
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Lisa Sargent (Executive Director eff 4/2025)
- Nancy Coville (Executive Director end 2/2025)
Highest reported compensation
- Lisa Sargent (Executive Director eff 4/2025): $60,622 total reported compensation
- Nancy Coville (Executive Director end 2/2025): $18,069 total reported compensation
- Christina Bertogli (Treasurer): $4,913 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 a safe, nurturing, and stimulating environment for children. To seek balance in addressing each child as a unique social, emotional, intellectual, and physical person. To empower children to be responsible, caring, creative, hardworking, and playful contributors to their community. To support and work in partnership with the children's families, both to respond to their needs and to offer participation in the center's daily life.
What it reported doing in 2024
We offer a play-based, child-directed program for children from 18 months of age until they attend kindergarten. Our goal is to actively foster a love of learning and encourage children to become independent and inquisitive learners, preparing them for more structured education in the future. We also provide before- and after-school childcare for children attending the town's elementary school. Additionally, we participate in the Child and Adult Care Food Program (CACFP), providing breakfast, lunch, and an afternoon snack in accordance with USDA Nutritional guidelines to all children enrolled in our programs. Every day we strive to develop meaningful and lasting relationships with our children, their families, and the community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 92
- Accountability: 60
- Sustainability: 24
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.1%; rating input score 86
- Program expense ratio: 83.9%; rating input score 84
- Fundraising efficiency: $2,900.98 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.7%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.49; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 23.4%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: -2% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 86.1% of revenue deployed · 83.9% of spending went to programs
- Governance: 4 of 5 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $300K in reported program spending
- Leadership: top reported pay $61K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2009 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- High — Sustainability: Officer compensation ratio scored 16/100.