HOBSON COOPERATIVE NURSERY SCHOOL
Mission Statement
Hobson Cooperative offers a forward-thinking, child-centered approach to preschool. Hobson School is focused on teaching the whole child A balanced emphasis is placed on social, emotional, physical and intellectual growth. The learning environment is rich with hands on experiences in the classroom and in Hobson’s beautiful backyard. Our director and teachers have a deep understanding of early childhood development and the experience needed to guide young children in the learning process. Hobson’s curriculum is based on well researched teaching practices that support the unique way that young children learn. Experienced-based education encourages children’s creativity, helps them to become critical thinkers and promotes interest in life-long learning. Parents are viewed as partners and collaborators with the teaching staff in the education of their child. Our school sits on the edge of the lovely Goodrich Woods in Naperville’s original one room school house. Hobson was founded in 1964 by a group of parents who wanted to create the best possible school experience for their three- and four-year old children. In 1978 the parent-child classes for two-year olds were added to the school. As a co-op we enjoy the benefits of both parent participation in the classroom and in the operation of the school. Hobson is a wonderful choice for your child’s first school experience and a welcoming community for your family. It is the policy of Hobson School to maintain an environment in which all individuals are treated with dignity and respect. Hobson School prohibits discrimination in its educational programs, activities, services or benefits against any student, member, or employee on account of race, color, national origin, gender, religious beliefs, marital status, disability, sexual orientation, age, or any other class or characteristic protected by law.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.1% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.9% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 2.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.1 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.9% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.6% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-8.3% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.6% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
18.2% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $349K | $285K | $644K | 79.1% | 8 |
| 2023 | $381K | $273K | $564K | 83.3% | 8 |
| 2022 | $258K | $191K | N/A | — | 8 |
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