Princeton Childrens Center Inc
- Assets
- $2.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 54
- Location
- Lawrence, KS
- Founding
- Data as of
- 12/2022
- EIN
- 20-1529362
Organization Overview
Princeton Childrens Center Inc is located in Lawrence, KS. 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 12/2022, Princeton Childrens Center Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Childrens 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 12/2022, Princeton Childrens Center Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. 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
PROVIDING SAFE, LOVING AND QUALITY CHILD CARE TO FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOAL OF PRINCETON CHILDREN'S CENTER IS TO KEEP CHILDREN SAFE, TO PROVIDE LOVING CARE WHILE IMPLEMENTING A QUALITY PROGRAM WHICH WILL DEVELOP CHILDREN IN THE FOLLOWING DOMAINS-COGNITIVELY, PHYSICALLY, EMOTIONALLY AND SOCIALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roderick Wong Chair | OfficerTrustee | 2 | $0 |
Kenneth Wong Director | Trustee | 1 | $0 |
Michelle Kueser COO | Officer | 25 | $82,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,430 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,430 |
| Total Program Service Revenue | $800,379 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,922 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,152,731 |
| 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 | $544,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $43,835 |
| Fees for services: Management | $82,300 |
| Fees for services: Legal | $7,896 |
| Fees for services: Accounting | $8,592 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,295 |
| Advertising and promotion | $1,696 |
| Office expenses | $2,453 |
| Information technology | $6,681 |
| Royalties | $0 |
| Occupancy | $83,997 |
| Travel | $3,070 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $54,811 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,495 |
| Insurance | $12,727 |
| All other expenses | $609 |
| Total functional expenses | $1,034,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,543 |
| Savings and temporary cash investments | $0 |
| 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 | $2,050,198 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,661 |
| Other assets | $0 |
| Total assets | $2,099,402 |
| Accounts payable and accrued expenses | $57,452 |
| 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 | $1,822,320 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $580 |
| Total liabilities | $1,880,352 |
| Net assets without donor restrictions | $219,050 |
| 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 | $2,099,402 |