1332 Fulton Avenue Day Care Center Inc

Organization Overview

1332 Fulton Avenue Day Care Center Inc is located in Bronx, NY. The organization was established in 1928. 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 06/2023, 1332 Fulton Avenue Day Care Center Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1332 Fulton Avenue Day Care Center 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 06/2023, 1332 Fulton Avenue Day Care Center Inc generated $3.4m 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 (9.6%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE CHILDREN WITH A LEARNING ENVIRONMENT AND VARIED EXPERIENCES THAT WILL HELP THEM DEVELOP SOCIALLY, INTELLECTUALLY, PHYSICALLY AND EMOTIONALLY IN A MANNER APPROPRIATE TO THEIR AGE AND STATE OF DEVELOPMENT TOWARD THE OVERALL GOALS OF SOCIAL COMPLIANCE AND SCHOOL READINESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OPERATES PRIMARILY CONTRACTS WITH THE CITY OF NEW YORK, DEPARTMENT OF EDUCATION (NYC DOE)PROVIDING EARLY LEARNING SERVICES TO CHILDREN AGES 2 TO 5. THE ORGANIZATION ALSO OPERATES THE FOOD PROGRAM (CACFP) FUNDED BY THE NEW YORK STATE DEPARTMENT OF HEALTH. DURING THE YEAR ENDED JUNE 30, 2023 THE ORGANIZATION SERVED APPROXIMATELY 60 CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Gloria Alston
Chairperson
$0
Gloria Moore
Vice Chair
$0
Vernessa Bishop
Treasurer
$0
Kwame A Clark
Secretary
$0
Ester Edwards
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,595,212
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,595,212
Total Program Service Revenue$50,119
Investment income $0
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 $3,401,619

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