Winchester After School Program
- Assets
- $920.7k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 31
- Location
- Winchester, MA
- Founding
- 11/1982
- Data as of
- 08/2023
- EIN
- 04-2749765
Organization Overview
Winchester After School Program, operating under the name Kids' Corner, is located in Winchester, MA. The organization was established in 1982. 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 08/2023, Kids' Corner employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kids' Corner 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 08/2023, Kids' Corner generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.5m during the year ending 08/2023. While expenses have increased by 5.2% 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 THE HIGHEST QUALITY AFTER SCHOOL PROGRAMMING POSSIBLE. THROUGH STRUCTURED AND UNSTRUCTURED ACTIVITIES WE STRIVE TO HELP CHILDREN DEVELOP SOCIALLY, EMOTIONALLY, PHYSICALLY, AND CREATIVELY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OF A HIGH QUALITY AFTER SCHOOL CHILD CARE PROGRAM FOR CHILDREN IN KINDERGARTEN THROUGH GRADE 6, SERVING THE WINCHESTER COMMUNITY SINCE 1982. THE ORGANIZATION'S GOALS ARE TO PROVIDE A COMFORTABLE, SAFE, AND STABLE ENVIRONMENT, AS WELL AS A VARIETY OF RECREATIONAL AND ENRICHMENT ACTIVITIES FOR CHILDREN ATTENDING THE PROGRAM, AND TO (A) OFFER A BALANCE OF STRUCTURED AND UNSTRUCTURED ACTIVITIES, WITH OPPORTUNITIES FOR RELAXATION, FREE PLAY, OR HOMEWORK, (B) MEET THE SPECIAL NEEDS OF BOTH OLDER AND YOUNGER CHILDREN IN THE PROGRAM, AND (C) MAKE EXTENSIVE USE WHENEVER POSSIBLE OF RESOURCES IN THE COMMUNITY AND THE GREATER BOSTON AREA, INCLUDING: THE LIBRARY AND RECREATION DEPARTMENTS. THE ORGANIZATION SERVED APPROXIMATELY 200 FAMILIES DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Gentzow Executive Di | OfficerTrustee | 40 | $132,671 |
Amy Lovasco President | Trustee | 2 | $0 |
Erik Molinaro VP Internal | Trustee | 2 | $0 |
Michael Lee VP Fundraisi | OfficerTrustee | 2 | $0 |
Eric Sullivan Treasurer | OfficerTrustee | 2 | $0 |
Erin Fogel Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,601 |
| Related organizations | $0 |
| Government grants | $193,970 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,325 |
| Total Program Service Revenue | $1,355,169 |
| Investment income | $2,218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,133 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,583,845 |
| 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. | $193,646 |
| Compensation of current officers, directors, key employees. | $145,235 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $646,573 |
| Pension plan accruals and contributions | $7,727 |
| Other employee benefits | $100,805 |
| Payroll taxes | $65,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,753 |
| Office expenses | $67,333 |
| Information technology | $47,657 |
| Royalties | $0 |
| Occupancy | $57,615 |
| Travel | $42,202 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,959 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,016 |
| Insurance | $16,300 |
| All other expenses | $0 |
| Total functional expenses | $1,486,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,383 |
| Savings and temporary cash investments | $840,069 |
| 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 | $14,924 |
| Net Land, buildings, and equipment | $38,294 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $920,670 |
| Accounts payable and accrued expenses | $68,117 |
| Grants payable | $0 |
| Deferred revenue | $82,336 |
| 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 | $150,453 |
| Net assets without donor restrictions | $770,217 |
| 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 | $920,670 |