Playhouse Inc
- Assets
- $2.3m
- Revenue
- $878.5k
- Investments
- $0.0
- Employees
- 22
- Location
- West Orange, NJ
- Founding
- 10/1951
- Data as of
- 06/2021
- EIN
- 22-1618125
Organization Overview
Playhouse Inc is located in West Orange, NJ. The organization was established in 1951. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Playhouse Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Playhouse 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 06/2021, Playhouse Inc generated $878.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $833.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) 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
PLAYHOUSE IS A PRESCHOOL WHICH VALUES CHILDHOOD AS AN EXCITING AND IMPORTANT TIME WHEN YOUNG CHILDREN NEED TO EXPLORE AND EXPERIMENT FREELY TOWARD SELF-DISCOVERY. A COOPERATIVE SCHOOL, PLAYHOUSE ENCOURAGES AND VALUES THE CONTRIBUTION OF PARENTS AND FAMILIES WHICH PRODUCE A MOSAIC OF PATTERNS OR PARTICIPATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES EARLY CHILDHOOD EDUCATION FOR CHILDREN BETWEEN THE AGES OF 2 AND 6. ALL EXPENSES ARE ATTRIBUTABLE TO THIS SINGLE PROGRAM.
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 |
|---|---|---|---|
Anat Stettner Executive Di | Officer | 40 | $72,666 |
Jamie Hardy President | OfficerTrustee | 3 | $0 |
Michelle Postelle-Ross Secretary | OfficerTrustee | 3 | $0 |
Lyla Phills Treasurer | OfficerTrustee | 3 | $0 |
Jennifer Baros Trustee | Trustee | 1 | $0 |
Jessica Gagliano Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $42,332 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,023 |
| Noncash contributions included in lines 1a–1f | $11,598 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,355 |
| Total Program Service Revenue | $635,800 |
| Investment income | $24,718 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,789 |
| Net Income from Fundraising Events | $6,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $878,526 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $37,129 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,367 |
| Compensation of current officers, directors, key employees. | $62,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $526,806 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,624 |
| Payroll taxes | $50,397 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,365 |
| Fees for services: Other | $4,786 |
| Advertising and promotion | $333 |
| Office expenses | $7,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,217 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $392 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,108 |
| Insurance | $19,215 |
| All other expenses | $0 |
| Total functional expenses | $833,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,063 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,844 |
| 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 | $10,684 |
| Net Land, buildings, and equipment | $413,035 |
| Investments—publicly traded securities | $1,268,998 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,263,624 |
| Accounts payable and accrued expenses | $372 |
| Grants payable | $0 |
| Deferred revenue | $158,189 |
| 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 | $147,278 |
| Other liabilities | $0 |
| Total liabilities | $305,839 |
| Net assets without donor restrictions | $1,868,132 |
| Net assets with donor restrictions | $89,653 |
| 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 | $2,263,624 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Playhouse Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: PLAYHOUSE: WHERE LEARNING IS FOR LIFE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
Brooklyn Heights Montessori School Brooklyn, NY | $20,633,669 | $10,305,146 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Washington Market School New York, NY | $36,001,590 | $10,094,278 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |