The Childrens Storefront
- Assets
- $2.2m
- Revenue
- $733.6k
- Investments
- $0.0
- Employees
- 8
- Location
- New York, NY
- Founding
- 08/1994
- Data as of
- 06/2022
- 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 06/2022, Childrens Storefront employed 8 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 06/2022, Childrens Storefront generated $733.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 7 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
2022
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 CONTINUING TO PROVIDE OUR EARLY CHILDHOOD PROGRAM IN A VIRTUAL FORMAT. TO DATE, WE HAVE SERVED OVER 150 FAMILIES WITH BABIES AND TODDLERS UP TO AGE THREE. OUR VIRTUAL PLAY & LEARN 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 PLAY & LEARN PROGRAM TO THEIR PEERS.
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 |
|---|---|---|---|
Robert T Rylee Chair | OfficerTrustee | 2 | $0 |
Christopher Moore Vice Chair | OfficerTrustee | 2 | $0 |
Elsie V Aidinoff Vice Chair | OfficerTrustee | 2 | $0 |
George B Weiksner Treasurer | OfficerTrustee | 2 | $0 |
Vincent Casey Secretary | OfficerTrustee | 2 | $0 |
Jordan Lippner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $371,338 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,338 |
| Total Program Service Revenue | $0 |
| Investment income | $12,232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $350,000 |
| 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 | $733,570 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $262,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,992 |
| Payroll taxes | $31,997 |
| Fees for services: Management | $720 |
| Fees for services: Legal | $5,220 |
| Fees for services: Accounting | $43,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $329,247 |
| Advertising and promotion | $0 |
| Office expenses | $55,717 |
| Information technology | $20,311 |
| Royalties | $0 |
| Occupancy | $78,397 |
| Travel | $1,887 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $468 |
| Interest | $104 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,066 |
| Insurance | $47,469 |
| All other expenses | $1,185 |
| Total functional expenses | $1,183,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,646 |
| Savings and temporary cash investments | $406,806 |
| Pledges and grants receivable | $91,575 |
| 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 | $79,811 |
| Net Land, buildings, and equipment | $1,312,313 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $181,792 |
| Total assets | $2,247,943 |
| Accounts payable and accrued expenses | $69,125 |
| 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 | $0 |
| Total liabilities | $69,125 |
| Net assets without donor restrictions | $1,816,115 |
| 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 | $2,247,943 |