International Preschools
- Assets
- $11.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 43
- Location
- New York, NY
- Founding
- 12/1964
- Data as of
- 08/2023
- EIN
- 13-1992640
Organization Overview
International Preschools is located in New York, NY. The organization was established in 1964. 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, International Preschools employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Preschools 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, International Preschools generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $4.3m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 8 years. 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 OPERATE PRESCHOOL EDUCATIONAL PROGRAMS IN THE NEW YORK CITY METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A PRESCHOOL EDUCATION TO 67 CHILDREN AGES TWO TO FIVE YEARS, WITH A FOCUS ON PROVIDING A SAFE EDUCATIONAL ENVIRONMENT FOR FAMILIES FROM ALL OVER THE WORLD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | OfficerTrustee | 45 | $140,786 |
Name Not Listed Secretary | OfficerTrustee | 5 | $0 |
Name Not Listed Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Name Not Listed Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,875 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $251,374 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $261,249 |
| Total Program Service Revenue | $2,231,069 |
| Investment income | $150,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,888 |
| Net Income from Fundraising Events | $14,582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,728,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $209,346 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $335,038 |
| Compensation of current officers, directors, key employees. | $194,453 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,641,816 |
| Pension plan accruals and contributions | $100,392 |
| Other employee benefits | $332,904 |
| Payroll taxes | $146,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,304 |
| Fees for services: Accounting | $53,157 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,176 |
| Advertising and promotion | $25,356 |
| Office expenses | $160,527 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $811,738 |
| Travel | $50,140 |
| 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 | $113,542 |
| Insurance | $134,630 |
| All other expenses | $0 |
| Total functional expenses | $4,277,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,956 |
| Savings and temporary cash investments | $501,916 |
| Pledges and grants receivable | $294,753 |
| 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 | $175,280 |
| Net Land, buildings, and equipment | $547,030 |
| Investments—publicly traded securities | $6,715,572 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,892,190 |
| Total assets | $11,469,697 |
| Accounts payable and accrued expenses | $200,747 |
| Grants payable | $0 |
| Deferred revenue | $1,207,876 |
| 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 | $3,334,970 |
| Total liabilities | $4,743,593 |
| Net assets without donor restrictions | $6,726,104 |
| 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 | $11,469,697 |