Mayfair Co-op Preschool is a 501(c)(3) organization based in Farmingtn Hls, Michigan, registered in 1957, with $55,184 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$55K
▼ 23.0% vs prior year
Education median: $200K
Expenses (FY2024)
$78K
Net assets
$72K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mayfair Co-op Preschool— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mayfair Co-op Preschool: 11 mo reserves · -41% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mayfair Co-op Preschool— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mayfair Co-op Preschool: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $60K (FY2020) to $55K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-41.1%
Spent more than it raised in the latest fiscal year.
Total assets
$82K
Total liabilities
$10K
Net assets
$72K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,184▼23.0% | $77,883▲49.8% | $71,921▼24.0% | $82,201▼23.5% | 990EZ |
| 2023 | $71,650▲52.7% | $51,995▼21.0% | $94,621▲26.2% | $107,428▲30.5% | 990EZ |
| 2022 | $46,912▼61.5% | $65,801▲4.9% | $74,965▼20.1% | $82,321▼16.8% | 990EZ |
| 2021 | $121,790▲103% | $62,709▲11.8% | $93,854▲170% | $98,922▲142% | 990EZ |
| 2020 | $59,906 | $56,100 | $34,773 | $40,828 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Mayfair Co-op Preschool (EIN 38-1565442) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.