Education
(B21)
IRS Verified
DX Registered
990 on File
DISCOVER PRESCHOOL INC
Financial strength (30%)
73/100
Reliability (20%)
55/100
Effectiveness (25%)
86/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Discover Preschool provides a safe, nurturing environment that promotes physical, social, emotional, and cognitive development of young children. We believe through play and meaningful interactions with teachers and peers, children learn best. We recognize the importance of encouraging exploration and discovery so that children will construct the knowledge and acquire the skills towards becoming lifelong learners. Admission to Discover Preschool is open to any child between the ages of 2.9 years to 5 years, regardless of race, religion, cultural heritage, political beliefs, national origin, marital status, sexual orientation or disability.
Financial Overview — FY 2024
$297K
Total Revenue
$257K
Total Expenses
$263K
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.9%
Fundraising Efficiency
N/A
Operating Reserve
12.25x
Liability-to-Asset
26.0%
Revenue Diversification
82.2%
Compared with Peers
FY 2024
Compared with 16,011 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.9% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.3 mo | 9.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
26.0% | 0.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.2% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-18.3% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.6% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.4% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $297K | $257K | $263K | 88.9% | 11 |
| 2023 | $363K | $239K | $223K | 75.1% | 9 |
| 2022 | $255K | $226K | $98K | 85.6% | 11 |
| 2021 | $219K | $202K | N/A | — | 12 |
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