Wee Blessings Preschool
Nonprofit profile at a glance
- EIN
- 472169191
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Orange City, IA, USA
- Phone
- 7127374909
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $87,214
- Expenses
- $78,459
- Assets
- $61,272
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Rachel Honken (President)
- Carissa Jensen (Vice President)
People named in this filing
- Rachel Honken (President)
- Carissa Jensen (Vice President)
- Andrea Rau (Secretary)
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
The purpose of Wee Blessings Preschool is to provide preschool-aged children the opportunity to play together, develop socially, be introduced to academic skills needed for Kindergarten, to participate in supervised activities and learn to relate to the love of God. Wee Blessings is a licensed, non-profit totally private, faith-based preschool. From July 1, 2023 to June 30, 2024, Wee Blessings Preschool served 56 children. Four and five-year-olds were offered half-day sessions, three times per week, totaling 95 class sessions during the school year. The students in the three and four-year-old classes were offered half-day sessions, two times per week, totaling 65 class sessions during the school year. Both age groups were offered organized academic and social activities, free play time for the children to interact, and field trips to expand the children's knowledge and experiences.
What it reported doing in 2024
The purpose of Wee Blessings Preschool is to provide preschool-aged children the opportunity to play together, develop socially, be introduced to academic skills needed for Kindergarten, participate in supervised activities, and learn to relate to the love of God. Wee Blessings is a licensed, non-profit, totally private, faith-based preschool. From July 1, 2023, to June 30, 2024, Wee Blessings Preschool served 56 children. Four and five-year-olds were offered half-day sessions, three times per week, totaling 95 class sessions during the school year. The students in the three and four-year-old classes were offered half-day sessions, two times per week, totaling 65 class sessions during the school year. Both age groups were offered organized academic and social activities, free play time for the children to interact, and field trips to expand the children's knowledge and experiences.
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -40% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 11/100.