Ascension Nursery & Kindergarten Inc
- Assets
- $98.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 03/1968
- Data as of
- 06/2023
- EIN
- 04-2324582
Organization Overview
Ascension Nursery & Kindergarten Inc is located in Ipswich, MA. The organization was established in 1968. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascension Nursery & Kindergarten 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, Ascension Nursery & Kindergarten Inc generated $123.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $103.5k during the year ending 06/2023. While expenses have increased by 6.4% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
INTRODUCTION OF SCHOOL ENVIRONMENT FOR APPROXIMATELY 40 STUDENTS AGE 3-5, ADDRESS KINDERGARTEN READINESS AND SOCIAL INTRODUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Morley President And Director | 0.25 | $0 | |
Terri Murphy Treasurer And Director | 1.5 | $812 | |
Carron Riddle Clerk, Director And Teache | 25 | $39,932 | |
Kelly Wing Director & Teacher | 25 | $40,932 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $122,216 |
| Membership dues | $0 |
| Investment income | $1,576 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $100 |
| Other Revenue | $0 |
| Total Revenue | $123,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,719 |
| Professional fees and other payments to independent contractors | $2,549 |
| Occupancy, rent, utilities, and maintenance | $9,250 |
| Printing, publications, postage, and shipping | $316 |
| Other expenses | $8,676 |
| Total expenses | $103,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,786 |
| Other assets | $0 |
| Total assets | $98,786 |
| Total liabilities | $61 |
| Net assets or fund balances | $98,725 |