Precious Gems Academy Inc

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

EIN: 842031980 ✦ Flemington, NJ ✦ Designated as a 501(c)(3)

Overview

What is Precious Gems Academy Inc?

Precious Gems Academy Inc, situated in Flemington, New Jersey, is a nonprofit organization specializing in child care services. Established in a building on US Highway 202, they cater to children as young as six weeks old, up to six years, offering quality care at an affordable price for low to moderate income families within Hunterdon County. Their commitment extends beyond the care itself, as they also provide nutritious meals for the children under their supervision.


Official website here: www.mypreciousgems.org

Is Precious Gems Academy Inc legitimate?

Precious Gems Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Gems Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,324

For more financial information, click here


Official website here: www.mypreciousgems.org

What is the mission statement of Precious Gems Academy Inc?

Precious Gems Academy Inc's mission is centered around providing high-quality, affordable childcare services to families with moderate to low income. Situated in an unspecified location, the academy's mission is to ensure that these families in need have access to reliable childcare solutions for their children aged from six weeks to six years. Furthermore, the academy goes beyond just childcare, offering nutritious meals to the children under its care.


Official website here: www.mypreciousgems.org

Who is the CEO of Precious Gems Academy Inc?

Mark Mastrolia is the President of Precious Gems Academy Inc.


Official website here: www.mypreciousgems.org

What is the revenue of Precious Gems Academy Inc?

Precious Gems Academy Inc's revenue in 2022 was $947,041.


Official website here: www.mypreciousgems.org

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

Here are 6 key members and their salaries:

    Karen Colavito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel Gonzalez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Mastrolia (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sergio Gonzalez (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Colavito (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Grande (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mypreciousgems.org

    Where can I find the form 990 for Precious Gems Academy Inc?

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


    Official website here: www.mypreciousgems.org

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

    Mission Statement of Precious Gems Academy Inc

    Precious Gems Academy Inc, a reputable child care center, is committed to serving low to moderate income families by offering affordable yet high-quality child care services. Their mission, in essence, is to make quality early education accessible to families who may struggle financially. This nonprofit organization provides child care services for infants as young as six weeks old, all the way up to children six years of age. Moreover, Precious Gems Academy Inc goes beyond just offering child care, as they also provide meals to the children under their care. This holistic approach to child care ensures that the children's physical needs are met as well, in addition to their educational needs.

    Impact

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




    Saturday, July 20, 2024

    Precious Gems Academy Inc's impact is profound in providing quality and affordable child care services to low to moderate income families in Hunterdon County. By offering child care services from as young as 6 weeks old up to 6 years of age, the academy not only supports working parents but also ensures that children receive proper care and nourishment while their families face financial constraints. This commitment to accessible childcare contributes significantly to the welfare and development of families in the community and helps alleviate the burden of child care expenses for many.





    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: $0
  • Program Service Revenue: $625,858
  • Gross Receipts: $947,041

    • Assets and Liabilities:
  • Total Assets: $19,079
  • Total Liabilities: $19,079
  • Net Assets: $0
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Mark Mastrolia

    Main Address

    433 us hwy 202 Ste Building B, Flemington, NJ, 08822

    NTEE Category

    Code: P33 - Human services

    If you are a representative of Precious Gems Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.