Bowen Nursery School Inc
- Assets
- $527.2k
- Revenue
- $495.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Newton, MA
- Founding
- 10/1974
- Data as of
- 07/2023
- EIN
- 04-2199269
Organization Overview
Bowen Nursery School Inc is located in Newton, MA. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2023, Bowen Nursery School Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bowen 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 07/2023, Bowen Nursery School Inc generated $495.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $488.3k during the year ending 07/2023. While expenses have increased by 7.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COOPERATIVE NURSERY SCHOOL PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVE NURSERY SCHOOL PROGRAM DEVELOPED TO ENHANCE & ENRICH THE DEVELOPMENT OF PRE-SCHOOL CHILDREN IN A SAFE ENVIRONMENT. SERVICES ARE PROVIDED FOR APPROXIMATELY 46 PUPILS INCLUDING 3-DAY STUDENTS, 5-DAY STUDENTS, AND TRANSITIONAL KINDERGARTEN STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Alvarado President (former Asst Pres) | OfficerTrustee | 2 | $0 |
Megan Osinski Assistant President (former 3-Day Vp) | OfficerTrustee | 2 | $0 |
Michael Pantina Treasurer | OfficerTrustee | 2 | $0 |
Caitlin Kalia 5-Day VP | OfficerTrustee | 2 | $0 |
Elizabeth Cantwell 3-Day VP | OfficerTrustee | 2 | $0 |
Amangeet Kaur Assistant Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,517 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,017 |
| Total Program Service Revenue | $411,090 |
| Investment income | $1,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,767 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,445 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,725 |
| Compensation of current officers, directors, key employees. | $19,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $251,480 |
| Pension plan accruals and contributions | $4,154 |
| Other employee benefits | $0 |
| Payroll taxes | $26,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,184 |
| Advertising and promotion | $0 |
| Office expenses | $23,340 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,744 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,671 |
| Insurance | $8,282 |
| All other expenses | $0 |
| Total functional expenses | $488,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,886 |
| Savings and temporary cash investments | $216,796 |
| 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 | $5,098 |
| Net Land, buildings, and equipment | $18,498 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $75,960 |
| Total assets | $527,238 |
| Accounts payable and accrued expenses | $11,544 |
| Grants payable | $0 |
| Deferred revenue | $99,208 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,874 |
| Total liabilities | $188,626 |
| Net assets without donor restrictions | $338,612 |
| Net assets with donor restrictions | $0 |
| 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 | $527,238 |