Towson Presbyterian Kindergarten Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO OFFER QUALITY PRESCHOOL EDUCATION AND CHILDCARE TO TWO, THREE AND FOUR YEAR OLD CHILDREN.
- Income
- $718,041
- Spending
- $649,194
- Spent on programs
- 82%
- Reserves
- 9.9 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 24
- Volunteers
- 9
- Highest pay
- $52,846, director
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100.
Reserves
28 of 35Spendable reserves would cover 9.9 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 57 out of 100.
Independent board
25 of 259 of 9 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
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 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 (4)
- THE MORNING PRESCHOOL PROVIDES QUALITY AGE-APPROPRIATE INSTRUCTION AND ACTIVITES FOR TWO, THREE AND FOUR YEAR-OLDS. CLASSES RUN FROM 9 AM TO 1130 AM Program expenses are not allocated among the various revenue sources. Staff, space, equipment and inventories of supplies and food are shared throughout the day as children come and go. Revenues for Parents Day Out 2025 are entered on line 4d. The Parents Out program allows children who attend the morning preschool to stay for additional hours occasionally or on a regular basis on the days they attend morning preschool.
- THE FULLTIME PROGRAM OFFERS WRAP AROUND CHILD CARE FOR CHILDREN ENROLLED IN THE MORNING PRESCHOOL. IN ADDITION, THE PROGRAM OPERATES ON CERTAIN DAYS WHEN THE PRESCHOOL IS NOT OPEN, I.E., SOME HOLIDAYS/PROFESSIONAL DAYS OBSERVED BY THE LOCAL SCHOOL SYSTEM. AT THE BEGINNING OF THE SCHOOL YEAR, THE FULL TIME PRGRAM STARTS APPROXIMATELY 2 WEEKS EARLIER THAN THE MORNING PRESCHOOL LIKEWISE FULL TIME STUDENTS HAVE A SHORTER WINTER BREAK AND ATTEND FOR AN ADDITIONAL WEEK IN JUNE AFTER PRESCHOOL ENDS.
- SUMMER AT TPP BEGINS IMMEDIATELY AFTER THE FULL-TIME PROGRAM AND RUNS FOR 7 WEEKS. THERE ARE THREE TWO-WEEK THEMED SESSIONS AND A ONE-WEEK MINI SESSION. OFFERING THESE ADDITIONAL WEEKS EXTENDS TPPS PROGRAM TO YEAR-ROUND.
- Program Servicec Expenses 0, Revenue 5,544 Miscellaneous revenue
Source: Form 990 for the year ending August 31, 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 August 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 August 1978.
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.