Parents And Teachers Association Inc
- Assets
- $481.8k
- Revenue
- $412.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1992
- Data as of
- 06/2023
- EIN
- 13-3636733
Organization Overview
Parents And Teachers Association Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parents And Teachers Association 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, Parents And Teachers Association Inc generated $412.7k 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 (7.3%) each year. All expenses for the organization totaled $383.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Parents And Teachers Association Inc has awarded 12 individual grants totaling $1,688,462. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE EDUCATION OF THE STUDENTS OF PS 234.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOAL OF PS 234 PTA IS TO LEND MUCH NEEDED SUPPORT TO OUR PRINCIPAL, THE TEACHERS AND STAFF SO THAT OUR CHILDREN HAVE A JOYOUS, SAFE AND WELL-EQUIPPED PLACE TO LEARN. IN FY2023 THE PS 234 PTA RAISED FUNDS THAT ALLOWED THE CHILDREN OF PS 234 TO RECEIVE, AMONG OTHER THINGS, NEW SUPPLIES FOR THE CLASSROOMS AND NEW LIBRARY BOOKS. THE MONEY RAISED BY THE PTA ALSO FUNDED ENRICHMENT PROGRAMS FOR MUSIC AND DANCE INSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Kenny Co-President | OfficerTrustee | 15 | $0 |
Allison Kuchinad Co-President | OfficerTrustee | 15 | $0 |
Kelsey Maccarter Co-Treasurer | OfficerTrustee | 15 | $0 |
Eric Wooley Co-Treasurer | OfficerTrustee | 15 | $0 |
Natalia Sandoval Assistant Treasurer | OfficerTrustee | 10 | $0 |
Ami Mahabaleswara Recording Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $232,797 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,892 |
| Noncash contributions included in lines 1a–1f | $42,774 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $443,689 |
| Total Program Service Revenue | $0 |
| Investment income | $58 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$52,372 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,179 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,698 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $117,950 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,192 |
| Advertising and promotion | $0 |
| Office expenses | $17,472 |
| Information technology | $15,698 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $64,456 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,100 |
| All other expenses | $4,012 |
| Total functional expenses | $383,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,659 |
| Savings and temporary cash investments | $288,156 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $481,815 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $481,815 |
| Total liabilities and net assets/fund balances | $481,815 |
Grants Awarded
Over the last fiscal year, Parents And Teachers Association Inc has awarded $397,062 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PS 234 GENERAL SCHOOL FUND PURPOSE: GENERAL SUPPORT | $152,999 |
NYC DEPARTMENT OF EDUCATION PURPOSE: FOR SCHOOL BUDGET OF PS 234 | $244,063 |