The Learning Center at Piper's Hill Inc

Nonprofit profile at a glance

EIN
237392118
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Stamford, CT, USA
Phone
2039682468
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$3,022,815
Expenses
$2,971,878
Assets
$3,860,129
Liabilities
$956,948

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

Leadership & pay

8 people listed

Executive titles in this filing

  • TARA MCCANN (PRESIDENT)
  • PAOLA MONSALVE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • PAOLA MONSALVE (EXECUTIVE DIRECTOR): $109,471 total reported compensation
  • JENNIFER REBERON (ASSISTANT DIRECTOR): $84,439 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 mission of the learning center at piper's hill is to meet the individual childcare needs of the expanding stamford community in a family like environment, while recognizing each child as a unique individual.

What it reported doing in 2024

The learning center at piper's hill offers education to four age groups of students, including infants, explorers, toddlers, and pre-k. The infant program is a twelve month program that enrolls babies ages six weeks to one year. The ratio of teachers to children is one to four. Class sizes are no larger than eight children. The curriculum includes cognitive skill exploration, sensory skills, fine and gross motor skills, vocalization skills, and socialization skills. Generic formula, infant cereal, and generic diapers are included in tuition.the toddler program is a twelve month program that enrolls children ages two to three years old. The ratio of teachers to children is one to four. Class sizes are no larger than eight children. The curriculum includes goals for cognitive development, gross motor skills, fine motor skills, self-help skills, social/emotional development, and language development. Lunch, snacks, and generic diapers are included in tuition.the explorer program is a twelve month program that enrolls children ages 12 months to 24 months. The ratio of teachers to children is one to four. Class sizes are no larger than eight children. The curriculum includes cognitive development, gross and fine motor skills, self help skills, social/emotional skills, and language development. Lunch and snacks are included in tuition (provided the child is on table foods). Generic diapers are also included. The preschool program is a two year program for children ages three to five. Class sizes range from twelve to twenty children with a teacher/child ratio of at least one to ten. The curriculum focuses on cognitive development (math, pre-reading, social studies, science), motor development (fine motor, gross motor, self-help skills), social/emotional development, and language development. Snacks and lunch are included in tuition.

Operating model

Revenue model
Earned-program. 99% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 42
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 71.5%; rating input score 71
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 1.7%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 69.8% of revenue deployed · 71.5% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $109K · 8 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 15 filing years from 2010 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.