Tenney Nursery and Parent Center Inc
Nonprofit profile at a glance
- EIN
- 391335184
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Madison, WI, USA
- Phone
- 6082553250
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $627,499
- Expenses
- $601,923
- Assets
- $560,731
- Liabilities
- $89,951
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- LIZ CEPERLEY (PRESIDENT)
- REBEKAH NETHKEN (VICE PRESIDENT)
- ANDREA TRIPP (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANDREA TRIPP (EXECUTIVE DIRECTOR): $78,450 total reported compensation
- JULIE ROSE (DIRECTOR/STAFF REPRESENTATIVE): $42,678 total reported compensation
- HALLE POLLAY (STAFF THRU MAY; TREASURER BEG. JUNE): $16,221 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tenney nursery and parent center is a caregiver cooperative dedicated to enhancing the lives of children and their families through high quality early childhood education and family programming.
What it reported doing in 2024
Tenney nursery and parent center (tnpc) offers 5-star, accredited, full and half-day preschool for children ages 2+ monday through friday. Teachers incorporate children's interests in lesson planning and introduce a range of activities thoughtfully designed to develop social-emotional skills, fine and gross motor skills, and support each child's growth and development.we take pride in our small class sizes with mixed-ages that benefit our children and our staff. Our teachers are able to develop important connections with children and their families.tenney preschool and childcare operates with an executive board made up of parents, community members, and staff who are elected to work closely with the executive director. This parent-cooperative model is the true hallmark of tenney's community-centered mission.
Operating model
- Revenue model
- Earned-program. 87% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - 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: 84
- Transparency & Controls: 92
- Accountability: 75
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.9%; rating input score 83
- Program expense ratio: 86.8%; rating input score 87
- Fundraising efficiency: $56.72 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 4.1%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 22.8%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 15.7% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 15.5% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: -7% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 82.9% of revenue deployed · 86.8% of spending went to programs
- Governance: 8 of 9 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $522K in reported program spending
- Leadership: top reported pay $78K · 10 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 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 — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.