Playhouse Inc
- Assets
- $2.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 22
- Location
- West Orange, NJ
- Founding
- 10/1951
- Data as of
- 06/2023
- 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 06/2023, 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 06/2023, Playhouse Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 4.0% 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
2023
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Hardy President | OfficerTrustee | 3 | $0 |
Addrenia Watson Treasurer | OfficerTrustee | 3 | $0 |
Dina Brown Secretary | OfficerTrustee | 3 | $0 |
Samantha Brenner Trustee | Trustee | 1 | $0 |
Remy Cherin Trustee | Trustee | 1 | $0 |
Lindsey Cohen Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,610 |
| Related organizations | $0 |
| Government grants | $69,386 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,789 |
| Total Program Service Revenue | $1,294,793 |
| Investment income | $35,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,045 |
| Net Income from Fundraising Events | $2,495 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,433,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $21,065 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,236 |
| Compensation of current officers, directors, key employees. | $61,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $864,406 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,536 |
| Payroll taxes | $89,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,898 |
| Fees for services: Other | $5,686 |
| Advertising and promotion | $520 |
| Office expenses | $9,569 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,937 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $448 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,135 |
| Insurance | $26,476 |
| All other expenses | $0 |
| Total functional expenses | $1,272,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,006 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,511 |
| 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 | $20,935 |
| Net Land, buildings, and equipment | $372,714 |
| Investments—publicly traded securities | $1,837,555 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,541,721 |
| Accounts payable and accrued expenses | $372 |
| Grants payable | $0 |
| Deferred revenue | $206,827 |
| 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 | $207,199 |
| Net assets without donor restrictions | $2,222,619 |
| Net assets with donor restrictions | $111,903 |
| 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 | $2,541,721 |