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Precious Angels Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233019924 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Precious Angels Inc?

Precious Angels Inc, located in Philadelphia, Pennsylvania, is a nonprofit organization with a mission to cater to working parents of low-income families. They provide an alternative to traditional daycare settings, offering high-quality academic and cultural programs. Their primary objective is to foster the holistic development of children, encompassing their emotional, social, spiritual, and physical growth. With a dedicated team of 26 employees, Precious Angels Inc strives to deliver a standard-driven program that ensures each child's overall development.


Official website here: www.preciousangelsacademy.org

Is Precious Angels Inc legitimate?

Precious Angels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Angels Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $198,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,310

For more financial information, click here


Official website here: www.preciousangelsacademy.org

What is the mission statement of Precious Angels Inc?

Precious Angels Inc, as a child care center, holds a mission to offer a standard-driven program that fosters the holistic development of every child. This encompasses their emotional, social, spiritual, and physical growth, as well as their academic development. The organization aims to cater to the needs of working parents with limited income, providing them with alternative, high-quality academic and cultural programs, serving as an alternative to traditional daycare settings.


Official website here: www.preciousangelsacademy.org

Who is the CEO of Precious Angels Inc?

Michelle Faison is the President of Precious Angels Inc.


Official website here: www.preciousangelsacademy.org

What is the revenue of Precious Angels Inc?

Precious Angels Inc's revenue in 2022 was $1,693,646.


Official website here: www.preciousangelsacademy.org

Who are the executives of Precious Angels Inc and what are their salaries?

The average compensation at Precious Angels Inc during 2022 was $30,790. There are 26 employees and 6 volunteers at Precious Angels Inc.

Here are 2 key members and their salaries:

    Michelle Faison (President) [Trustee/Director]
  • Compensation: $100,846
  • Related: $0
  • Other: $0

    • Lawrence Faison (V-President) [Trustee/Director]
  • Compensation: $97,385
  • Related: $0
  • Other: $0


  • Official website here: www.preciousangelsacademy.org

    Where can I find the form 990 for Precious Angels Inc?

    The Precious Angels Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.preciousangelsacademy.org

    Learn more at the official website: www.preciousangelsacademy.org

    Mission Statement of Precious Angels Inc

    Precious Angels Inc, a child care center, is dedicated to a mission that strives for every child's holistic development. Their vision is to provide a standard-driven program that fosters the emotional, social, spiritual, and physical growth and development of each child. In essence, Precious Angels Inc aims to cater to low-income working parents seeking alternatives to traditional daycare settings by offering high-quality academic and cultural programs. The center's mission is to create an environment that nurtures children, enabling them to thrive and grow in all aspects of their lives.

    Impact

    This information is meant to be a general summary of Precious Angels Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Precious Angels Inc's impact lies in providing quality academic and cultural programs for children in Philadelphia, especially those from low-income families. By offering an alternative to traditional day care settings, the organization facilitates the educational, emotional, social, spiritual, physical, and academic growth and development of children. This enables working parents to have a reliable and enriching childcare option while ensuring that every child has access to a standard-driven program. Through their work, Precious Angels Inc is making a meaningful difference in the lives of children and families in need in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $87
  • Program Service Revenue: $1,693,559
  • Gross Receipts: $1,693,646

    • Assets and Liabilities:
  • Total Assets: $146,773
  • Total Liabilities: $263,184
  • Net Assets: -$116,411
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Michelle Faison

    Main Address

    6100 North Broad Street, Philadelphia, PA, 19140

    NTEE Category

    Code: P33 - Human services

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