Morris Plains Cooperative Play School is located in Morris Plains, NJ. The organization was established in 1955. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Morris Plains Cooperative Play School employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morris Plains Cooperative Play School 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, Morris Plains Cooperative Play School generated $431.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $374.9k during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
OPERATION OF A CO-OPERATIVE PRE-SCHOOL PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PRE-SCHOOL FOR APPROXIMATELY 150 STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Mckeever Director | Trustee | 40 | $80,175 |
Elizabeth Cumming Director | Trustee | 0 | $0 |
Jessica Martucci Vice President | OfficerTrustee | 0 | $0 |
Jennifer Sousa Trustee | Trustee | 0 | $0 |
Jamie Matarazzo Secretary | OfficerTrustee | 0 | $0 |
Lisa Deliso Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,000 |
Investment income | -$14,048 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $9,061 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $431,088 |
Statement of Expenses | |
---|---|
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. | $82,365 |
Compensation to disqualified persons | $188,371 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $162 |
Payroll taxes | $21,941 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $226 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $32,065 |
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 | $3,231 |
Insurance | $13,935 |
All other expenses | $0 |
Total functional expenses | $374,900 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $272,380 |
Savings and temporary cash investments | $44,344 |
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 |
Investments—publicly traded securities | $186,004 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $597,430 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $106,410 |
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 | $5,000 |
Total liabilities | $111,410 |
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 |
Total liabilities and net assets/fund balances | $486,020 |