First Presbyterian Preschool Foundation Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT FIRST PRESBYTERIAN PRESCHOOL WHOSE MISSION IS TO PROVIDE A HIGH-QUALITY ACADEMIC EDUCATION INTEGRATED WITH A CHRISTIAN ENVIRONMENT OF LOVE, SUPPORT AND ACCEPTANCE.
- Income
- $98,385
- Spending
- $135,604
- Spent on programs
- 95%
- Reserves
- 55 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 0
- Volunteers
- 50
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 66% of charities in its peer group (arts and culture, under $250k).
Reserves
35 of 35Spendable reserves would cover 55.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 38% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 73% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a 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
10 of 10Gave the board a copy of this return before filing it.
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, 2025, 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)
- $129,174 spent. THE ACTIVITIES OF THE FIRST PRESBYTERIAN PRESCHOOL FOUNDATION CENTER ON PROVIDING FINANCIAL SUPPORT FOR THE PROGRAMS OF THE FIRST PRESBYTERIAN PRESCHOOL, A PROGRAM OF THE FIRST PRESBYTERIAN CHURCH OF ATLANTA. THE FOUNDATION SOLICITS FUNDS FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS. DONATED FUNDS ARE DISTRIBUTED, AT THE DISCRETION OF THE FOUNDATION BOARD, TO BE USED TO SUPPORT NEED BASED STUDENT SCHOLARSHIPS, AND TO PURCHASE FURNITURE, EQUIPMENT AND INSTRUCTIONAL MATERIALS TO AUGMENT THE ACADEMIC PROGRAM. THE PRIMARY ACTIVITIES OF THE FOUNDATION ARE 1) AN ANNUAL FUNDRAISING CAMPAIGN THAT SEEKS DONATIONS FROM INDIVIDUALS AND FOUNDATIONS, WHICH IS CONDUCTED BY THE BOARD IN THE FALL OF EACH YEAR AND, 2) A FUND RAISING AUCTION EVENT CONDUCTED EACH SPRING BY THE BOARD. BOTH OF THESE ACTIVITIES TAKE PLACE EXCLUSIVELY IN THE AREA OF METROPOLITAN ATLANTA, GA. THROUGH THESE ACTIVITIES THE FOUNDATION IS ABLE TO PROVIDE FUNDS THAT ALLOW THE PRESCHOOL TO PROVIDE EDUCATIONAL PROGRAMS AND SERVICES THAT WOULD NOT OTHERWISE BE POSSIBLE. NINETY PERCENT OF THE FOUNDATION'S TIME IS ALLOCATED TO SECURING DONATIONS AND 10% IS ALLOCATED TO DISTRIBUTING FUNDS, ASSET AND INVESTMENT MANAGEMENT AND ADMINISTRATION. THE FOUNDATION HAS NO PAID STAFF OR CONTRACTED STAFF AND IS A VOLUNTEER RUN ORGANIZATION. THE COSTS OF FUND RAISING AND EVENTS ARE PAID FOR FROM THE FUNDS THAT ARE RAISED.
Source: Form 990 for the year ending June 30, 2025, 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 October 13, 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 October 13, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.