The Childrens Storefront
- Assets
- $2.7m
- Revenue
- $712.1k
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 08/1994
- Data as of
- 06/2021
- EIN
- 13-2940671
Organization Overview
The Childrens Storefront is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Childrens Storefront employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Storefront 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 06/2021, Childrens Storefront generated $712.1k 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 (24.6%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (19.5%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WORKS WITH FAMILIES TO PROMOTE THE DEVELOPMENT OF CHILDREN IN THE FIRST THOUSAND DAYS OF LIFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR THE CHILDREN'S STOREFRONT RESPONDED TO THE COVID-19 PANDEMIC BY QUICKLY ADAPTING OUR IN-PERSON CURRICULUM AND LAUNCHING A VIRTUAL PROGRAM BASED ON THE SAME PRINCIPLES. WE HAVE SERVED OVER 100 FAMILIES WITH BABIES AND TODDLERS UP TO AGE THREE. OUR VIRTUAL LEARN & PLAY PROGRAM PROVIDES A SAFE AND NURTURING COMMUNITY, OFFERING FACILITATIVE COACHING FROM EARLY CHILDHOOD DEVELOPMENT SPECIALISTS WHO ENGAGE FAMILIES WITH MUSIC, BOOKS, AND BRAIN-BUILDING ACTIVITIES. OUR SESSIONS HELP CAREGIVERS TO BUILD A STRONG FOUNDATION FOR THEIR CHILD'S LEARNING. COMMUNITY RESPONSE HAS BEEN OVERWHELMINGLY POSITIVE, WITH PARTICIPANTS SAYING THEY HAVE A BETTER UNDERSTANDING OF HOW PLAYING WITH THEIR CHILD STRENGTHENS THEIR CHILD'S BRAIN AND SHARING THAT THEY WOULD RECOMMEND THE VIRTUAL LEARN & PLAY PROGRAM TO THEIR PEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Lippner Secretary | OfficerTrustee | 2 | $0 |
Christopher Moore Vice Chair | OfficerTrustee | 2 | $0 |
Robert T Rylee Chair | OfficerTrustee | 2 | $0 |
George B Weiksner Treasurer | OfficerTrustee | 2 | $0 |
Vincent Casey Director | Trustee | 1 | $0 |
Michael F Streicker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,191 |
| All other contributions, gifts, grants, and similar amounts not included above | $354,801 |
| Noncash contributions included in lines 1a–1f | $6,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $393,992 |
| Total Program Service Revenue | $0 |
| Investment income | $18,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $300,000 |
| 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 | $712,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $185,000 |
| Grants and other assistance to domestic individuals. | $8,711 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,489 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,551 |
| Payroll taxes | $31,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $250,184 |
| Advertising and promotion | $0 |
| Office expenses | $41,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,544 |
| 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 | $122,643 |
| Insurance | $42,163 |
| All other expenses | $0 |
| Total functional expenses | $1,060,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,857 |
| Savings and temporary cash investments | $467,703 |
| Pledges and grants receivable | $40,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,418,185 |
| Investments—publicly traded securities | $102,930 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $435,914 |
| Total assets | $2,710,589 |
| Accounts payable and accrued expenses | $23,220 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $30,758 |
| Total liabilities | $53,978 |
| Net assets without donor restrictions | $2,293,908 |
| Net assets with donor restrictions | $362,703 |
| 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 | $2,710,589 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Childrens Storefront has recieved totaling $21,000.
| Awarding Organization | Amount |
|---|---|
Andree Wildenstein Dormeuil And Roger Dormeuil Foundation Armonk, NY PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $15,000 |
Deeds Foundation New York, NY PURPOSE: GENERAL SUPPORT | $6,000 |
Endowment Analysis
| Beg. Balance | $467,703 |
| Net Contributions | $80,000 |
| Other Expense | $185,000 |
| Ending Balance | $362,703 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Amistad Academy Inc New Haven, CT | $35,461,697 | $16,961,980 |
Foote School Association Inc New Haven, CT | $45,302,394 | $17,181,198 |
Rumsey Hall School Incorporated Washington Depot, CT | $67,305,104 | $16,603,122 |
Celebrate The Children Inc Denville, NJ | $8,659,449 | $15,671,388 |