The Ashfield Community Preschool Inc

Nonprofit profile at a glance

EIN
222580763
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Ashfield, MA, USA
Phone
4136283248
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$135,861
Expenses
$160,007
Assets
$102,467
Liabilities
$76,463

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • NANCY HOFF (CO-BOARD CHAIR & SECRETARY)
  • KYLA MCMAHON (CO-BOARD CHAIR & TREASURER)
  • SHEILA GRAVES (BOARD MEMBER)

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

1. To provide high quality educational programs for preschool aged children and families2. To increase the affordability and accessibility of programs for preschool aged children of diverse abilities and special needs, and of diverse cultural, linguistic, and economic backgrounds3. To enhance collaboration among community programs and services for preschool aged children and their families4. To conduct community outreach to ensure that children of families who may be hard to reach by traditional methods are located and offered an opportunity to participate in a program that meets their needs5. To provide high quality educational programs that meet the needs of children of working parents by providing programs covering the times in which parents need to be working or commuting to and from work6. To provide educational and care services without discrimination in the enrollment of children or in the hiring of staff regarding any of the following: gender, race, religion

What it reported doing in 2024

Provide preschool and toddler education, recreation and related activities

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

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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.7%; rating input score 87
  • Program expense ratio: 73.6%; rating input score 74

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -17.8%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.75; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: -33.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 86.7% of revenue deployed · 73.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $118K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.