North Shore Nursery School Inc is located in Beverly Farms, MA. The organization was established in 1964. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, North Shore Nursery School Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Shore 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 06/2023, North Shore Nursery School Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $972.1k during the year ending 06/2023. While expenses have increased by 5.3% 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
TO PROVIDE DEVELOPMENTAL AND EDUCATIONAL INSTRUCTION FOR CHILDREN AGES 2-5 YEARS OF AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE DEVELOPMENTAL AND EDUCATIONAL INSTRUCTION FOR CHILDREN AGES 2-5 YEARS OF AGE. THE NURSERY, SUMMER, AND EXTENDED DAY PROGRAMS EMPHASIZE LANGUAGE ARTS, SOCIAL, EMOTIONAL, AND PHYSICAL GROWTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachael Carlucci Co-President | OfficerTrustee | 7 | $0 |
Michea Mccaffrey Co-President | OfficerTrustee | 7 | $0 |
Caitlin Smith Vice President | OfficerTrustee | 3 | $0 |
Jeff Crispen Treasurer | OfficerTrustee | 3 | $0 |
Hanying Pu Secretary | OfficerTrustee | 3 | $0 |
Ryan Kenny Annual Fund | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $117,292 |
All other contributions, gifts, grants, and similar amounts not included above | $148,392 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $265,684 |
Total Program Service Revenue | $800,903 |
Investment income | $29,309 |
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 | $1,097,172 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,368 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $114,425 |
Compensation of current officers, directors, key employees. | $22,885 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $483,211 |
Pension plan accruals and contributions | $23,791 |
Other employee benefits | $43,948 |
Payroll taxes | $46,412 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,344 |
Fees for services: Accounting | $42,965 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,464 |
Office expenses | $0 |
Information technology | $6,965 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $321 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $37,117 |
Insurance | $11,084 |
All other expenses | $26,806 |
Total functional expenses | $972,115 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $375,117 |
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 | $11,516 |
Net Land, buildings, and equipment | $409,531 |
Investments—publicly traded securities | $1,632,118 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,428,282 |
Accounts payable and accrued expenses | $39,204 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $72,500 |
Total liabilities | $111,704 |
Net assets without donor restrictions | $1,752,234 |
Net assets with donor restrictions | $564,344 |
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 | $2,428,282 |