Portsmouth Nursery School Inc
- Assets
- $51.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Portsmouth, RI
- Founding
- 03/1999
- Data as of
- 08/2023
- EIN
- 05-0500837
Organization Overview
Portsmouth Nursery School Inc is located in Portsmouth, RI. The organization was established in 1999. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2023, Portsmouth Nursery School Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portsmouth 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 08/2023, Portsmouth Nursery School Inc generated $76.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $87.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. 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
PROVIDED QUALITY PRESCHOOL EDUCATION TO APPROXIMATELY 40 STUDENTS BETWEEN THE AGES OF 3 AND 4 YEARS OLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Canario President | 5 | $0 | |
Victoria Canario Vice President | 5 | $0 | |
Kevin Ainsworth Treasurer | 1 | $0 | |
Christianne Renkawitz Teacher | 25 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31 |
| Total Program Service Revenue | $76,251 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,897 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,237 |
| Printing, publications, postage, and shipping | $1,104 |
| Other expenses | $20,729 |
| Total expenses | $86,967 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,680 |
| Other assets | $0 |
| Total assets | $51,680 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,680 |