Charity Search / EAST ITHACA PRESCHOOL
Uncategorized IRS Verified DX Registered 990 on File

EAST ITHACA PRESCHOOL

EIN: 16-1055068 · ITHACA, NY 14850-6341 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 82/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

East Ithaca Preschool (EIP) was founded in February 1924 by parents living in what is now the Belle Sherman neighborhood, with the influence and assistance of the American Association of University Women and Cornell's Department of Home Economics (now Human Ecology). Originally called "The Ithaca Cooperative Play School" and held in the home of a member family, it was one of the first co-operative nursery schools in the nation. We have employed a professional teacher since very early in our history. We have rented our space in the Bethel Grove Community Center on and off since 1958. Our Philosophy EIP was established with the belief that it is crucial for young children to begin their educational lives by developing their social skills as well as participating in gently structured group activities and free play. In a multiage, supportive and fun environment, they learn to respect differences, listen and express themselves, and collaborate and form community under the guidance of an experienced teacher aided by member parents. Our Objectives ? To provide an environment that encourages and stimulates children to explore, imagine, create, communicate, and cooperate; ? To organize a stimulating program under the expert direction of our professional teacher, and drawing on the unique skills and resources of our members and community; ? To foster each child’s unique abilities, self-confidence, and social skills.

Financial Overview — FY 2024
$43K
Total Revenue
$57K
Total Expenses
$23K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.5%
Fundraising Efficiency N/A
Operating Reserve 4.87x
Liability-to-Asset 1.6%
Revenue Diversification 83.7%
Compared with Peers
Peer comparison is not available for this organization.
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $43K $57K $23K 78.5%
2023 $39K $52K $37K 78.7%
2022 $65K $56K $50K 78.2%
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Organization Details
EIN
16-1055068
State
NY
City
ITHACA
ZIP
14850-6341
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1924
Foundation Code
11
Form 990
On File
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