Isleboro Pre School
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Islesboro Preschool recognizes each child as an individual with their own set of life experiences. Each child will be encouraged to explore, observe, experiment, and discover through direct, concrete interaction with the environment. Children are given activities to challenge and to increase their developmental skills. Children are accepted for where they are at in all stages of development and encouraged to develop at their own rate. Character development is fostered in all areas to build caring, honest, respectful, and responsible individuals.
- Income
- $260,469
- Spending
- $239,504
- Spent on programs
- 83%
- Reserves
- 65.7 months of spending
- Largest source of income
- government grants, 39%
- Employees
- 6
- Volunteers
- 2
- Highest pay
- $49,767, executive dir.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 65.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 56% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 51 out of 100.
Independent board
25 of 2511 of 12 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $199,541 spent. The Islesboro Preschool runs programs for two age groups. The Infant and Toddler program is for children ranging in age from 3 months to 2 1/2 years. The Preschool program is structured for children aged 2 1/2 through 5 years old. Both programs are now housed in our brand new facility at 152 Main Road located next door to the town office and fire department.In addition, summer camps are available for infants - 5 years of age.The Islesboro Preschool provides an atmosphere that encourages social, emotional, physical, and intellectual growth and development of the child as a whole. Using the Maine Early Childhood Guidelines and Infant/Toddler Guidelines, our program structures activities to meet those goals. Programs such as Creative Curriculum and Handwriting Without Tears provide structure and assessments to guide and monitor children along their developmental continuum. A typical day at the Islesboro Preschool will include a variety of activities including the following: sharing and conversation time, stories, songs, and finger plays; creative arts and crafts; games and large muscle play with outside play; nature, science, and math activities; field trips on the island; and exposure to readiness skills for Kindergarten.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1981.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.