Cabot After School Inc is located in Newton, MA. The organization was established in 1988. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 07/2022, Cabot After School Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cabot After 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 07/2022, Cabot After School Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $875.8k during the year ending 07/2022. While expenses have increased by 0.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING AFTER SCHOOL CHILD CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL CHILD CARE - APPROXIMATELY 139 STUDENTS ENROLLED. FINANCIAL AID AWARDED TO LOW INCOME FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carly Johanson Executive Director | Officer | 37 | $85,828 |
Zack Hardy Assistant Director | Officer | 37 | $77,244 |
Mandy Carozza Co-President | OfficerTrustee | 2 | $0 |
Elliot Bernstein Treasurer | OfficerTrustee | 2 | $0 |
Claire Abely Clerk | OfficerTrustee | 2 | $0 |
Jen Magee Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $140,274 |
All other contributions, gifts, grants, and similar amounts not included above | $3,486 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $143,760 |
Total Program Service Revenue | $1,027,457 |
Investment income | $228 |
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 | $1,171,445 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $56,408 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $183,424 |
Compensation of current officers, directors, key employees. | $139,714 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $420,500 |
Pension plan accruals and contributions | $4,469 |
Other employee benefits | $39,389 |
Payroll taxes | $54,104 |
Fees for services: Management | $0 |
Fees for services: Legal | $578 |
Fees for services: Accounting | $8,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,103 |
Advertising and promotion | $114 |
Office expenses | $12,237 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $38,043 |
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 | $0 |
Insurance | $14,126 |
All other expenses | $2,781 |
Total functional expenses | $875,805 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $567,567 |
Savings and temporary cash investments | $75,358 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,177 |
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 | $6,899 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $651,001 |
Accounts payable and accrued expenses | $13,948 |
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 | $0 |
Total liabilities | $13,948 |
Net assets without donor restrictions | $637,053 |
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 | $651,001 |
Over the last fiscal year, we have identified 1 grants that Cabot After School Inc has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Friends Of Crown Heights Educational Centers Inc Brooklyn, NY | $13,044,302 | $39,783,189 |
Northeast Parent And Child Society Inc Albany, NY | $28,822,787 | $39,619,614 |
Day Care Council Of New York Inc New York, NY | $9,552,378 | $29,439,995 |
Local 1199 Employer Child Care Fund New York, NY | $9,599,746 | $26,390,532 |
Guild Of St Agnes Of Worcester Inc Worcester, MA | $20,569,585 | $28,747,687 |
All My Children Day Care And Nursery School Jamaica Estates, NY | $13,560,786 | $26,442,381 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Childrens Learning Centers Of Fairfield County Inc Stamford, CT | $16,683,944 | $15,937,676 |
Horizons For Homeless Children Inc Roxbury, MA | $38,808,218 | $18,496,836 |
Campus Child Care Inc Cambridge, MA | $6,709,229 | $14,434,733 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |