Brooklyn Kindergarten Society
- Assets
- $6.6m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 129
- Location
- Brooklyn, NY
- Founding
- 07/1952
- Data as of
- 06/2022
- EIN
- 11-1631820
Organization Overview
Brooklyn Kindergarten Society is located in Brooklyn, NY. The organization was established in 1952. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Brooklyn Kindergarten Society employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Kindergarten Society 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 06/2022, Brooklyn Kindergarten Society generated $9.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $7.6m during the year ending 06/2022. 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
BKS MISSION TO ENSURE THAT THE CHILDREN IN ITS CENTERS DEVELOP THE SOCIAL, EMOTIONAL, PHYSICAL AND COGNITIVE SKILLS THEY NEED TO SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDCARE EDUCATION PROGRAM:BKS OPERATES FIVE EARLY CHILDHOOD CENTERS IN NEW YORK CITY HOUSING AUTHORITY (NYCHA)COMPLEXES IN BEDFORD-STUYVESANT, CROWN HEIGHTS AND BROWNSVILLE, BROOKLYN. THE BKSPROGRAM IS STRATEGICALLY DESIGNED TO PROVIDE ACADEMIC AND SOCIAL ENRICHMENT THAT ISROOTED IN BEST PRACTICES AND ARE THE HALLMARKS OF HIGH-QUALITY PRESCHOOLS NATIONALLY.IN THE PAST THREE YEARS WE HELPED MORE THAN 1,000 AT-RISK CHILDREN GIVING THEM THESTART THEY NEED TO BE SUCCESSFUL IN SCHOOL. WHEN THEY ARRIVED AT OUR DOORSTEP AT AGETWO OR THREE, MORE THAN TWO-THIRDS OF THESE CHILDREN: WERE FUNCTIONING BELOW AGE-GROUP NORMS. BY AGE 4, ON AVERAGE, MORE THAN 90% OF THEM WERE AT OR ABOVE AGE-GROUP NORMS. THESE ARE THE CHILDREN WHO WILL SUCCEED IN SCHOOL AND GO ON TO CONTRIBUTE TO SOCIETY.
USDA/CACFP MEAL PROGRAM:THROUGH CACFP, ENROLLED CHILDREN RECEIVE NUTRITIOUS BREAKFAST, LUNCH AND AN AFTERNOON SNACK EACH DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melisha Jackman Executive Dir. | Officer | 40 | $190,101 |
Angela Terry Dep Director Admin | 40 | $114,186 | |
Olena Jaffe Dir. Of Compliance | 40 | $86,262 | |
Boimah Sayway Center Director | 40 | $71,277 | |
Ashley Williams Deputy Dir. Family | 40 | $92,507 | |
Amerika Williamson Chairperson | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allan S Joseph Cpa Pllc Financial Management | 6/29/22 | $180,000 |
New York Enrichment Group Enrichment Programing | 6/29/22 | $147,895 |
John Linder Jr Development Consultant | 6/29/22 | $123,412 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $338,605 |
| Related organizations | $0 |
| Government grants | $8,234,101 |
| All other contributions, gifts, grants, and similar amounts not included above | $339,075 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,911,781 |
| Total Program Service Revenue | $0 |
| Investment income | $46,909 |
| 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 | $8,962,087 |
| 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. | $203,376 |
| Compensation of current officers, directors, key employees. | $8,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,976,562 |
| Pension plan accruals and contributions | $7,908 |
| Other employee benefits | $744,914 |
| Payroll taxes | $324,174 |
| Fees for services: Management | $176,205 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $195,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $387,291 |
| Advertising and promotion | $10,846 |
| Office expenses | $170,890 |
| Information technology | $33,775 |
| Royalties | $0 |
| Occupancy | $794,719 |
| 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 | $0 |
| All other expenses | $36,158 |
| Total functional expenses | $7,645,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,273,784 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,441,606 |
| 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 | $31,153 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,867,637 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,375 |
| Total assets | $6,646,555 |
| Accounts payable and accrued expenses | $687,463 |
| 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 | $500,130 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $72,882 |
| Total liabilities | $1,260,475 |
| Net assets without donor restrictions | $5,386,080 |
| 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 | $6,646,555 |