Parents Nursery School Inc
- Assets
- $1.1m
- Revenue
- $248.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Cambridge, MA
- Founding
- 04/1956
- Data as of
- 06/2021
- EIN
- 04-2169655
Organization Overview
Parents Nursery School Inc is located in Cambridge, MA. The organization was established in 1956. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Parents Nursery School Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parents Nursery School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Parents Nursery School Inc generated $248.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $262.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PARENTS' NURSERY SCHOOL PROVIDES A WARM AND SUPPORTIVE ATMOSPHERE IN WHICH RESPECT AND FREEDOM FROM ADULT PRESSURES NUTURE A CHILD'S OWN CURIOSITY, THE GREATEST IMPETUS TO INTELLECTUAL DEVELOPMENT. THE SCHOOL STRIVES TO REINFORCE CHILDREN'S SELF-ESTEEM, CONCERN FOR OTHERS AND AN EAGERNESS TO LEARN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVE PRESCHOOL FOR APPROXIMATELY 23 THREE AND FOUR YEAR OLD CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Patrice Pns Director | Trustee | 40 | $74,517 |
Janine Sirignano Vice President & Director | OfficerTrustee | 3 | $0 |
Martina Capova Secretary & Director | OfficerTrustee | 3 | $0 |
Katie Rodgers Treasurer & Director | OfficerTrustee | 3 | $0 |
Amy Heuer President & Director | OfficerTrustee | 5 | $0 |
Georgina Lamont Admissions Chair & Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $468 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,203 |
| Total Program Service Revenue | $215,859 |
| Investment income | $310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $145,262 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,863 |
| Payroll taxes | $17,296 |
| Fees for services: Management | $2,474 |
| Fees for services: Legal | $4,925 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $449 |
| Office expenses | $2,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,244 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,386 |
| Insurance | $4,022 |
| All other expenses | $0 |
| Total functional expenses | $262,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $382,860 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $691 |
| Net Land, buildings, and equipment | $709,392 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,092,943 |
| Accounts payable and accrued expenses | $18,700 |
| Grants payable | $0 |
| Deferred revenue | $48,331 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $394,918 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $461,949 |
| Net assets without donor restrictions | $587,904 |
| Net assets with donor restrictions | $43,090 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,092,943 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Parents Nursery School Inc has recieved totaling $20,410.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $410 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mary C Wheeler School Inc Providence, RI | $133,927,323 | $44,419,701 |
Alliance For Community Empowerment Inc Bridgeport, CT | $16,278,594 | $27,495,341 |
Scus Head Start Programs Inc Fairfield, CT | $3,729,940 | $22,684,143 |
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Jumpstart For Young Children Inc Boston, MA | $20,704,200 | $25,715,901 |
Holyoke Chicopee Springfield Head Start Inc Springfield, MA | $4,876,659 | $18,197,572 |
Belmont Day School Inc Belmont, MA | $53,871,739 | $17,214,948 |
The Kingsley Montessori School Inc Boston, MA | $12,852,129 | $12,365,430 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Nashoba Brooks School Of Concord Concord, MA | $34,636,415 | $10,867,224 |
Chestnut Hill School Chestnut Hill, MA | $33,385,087 | $15,409,802 |