Childrens House Inc
- Assets
- $290.3k
- Revenue
- $879.1k
- Investments
- $0.0
- Employees
- 15
- Location
- Verona, NJ
- Founding
- 02/1968
- Data as of
- 08/2023
- EIN
- 22-1818908
Organization Overview
Childrens House Inc is located in Verona, NJ. The organization was established in 1968. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2023, Childrens House Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens House 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 08/2023, Childrens House Inc generated $879.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $753.8k during the year ending 08/2023. While expenses have increased by 3.9% 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
THE MISSION OF THE CHILDRENS HOUSE IS TO PROVIDE A MONTESSORI-GUIDED EDUCATION ENABLING EACH CHILD TO REALIZE HIS OR HER RICHEST POTENTIAL BY BECOMING AN INDEPEDENT, SELF-MOTIVATED AND CONTRIBUTING MEMBER OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE-SCHOOL MONTESORRI NURSERY INSTRUCTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Coleen D'alessandro Director | Trustee | 40 | $72,335 |
Sue Rey Slattery Vice President | Trustee | 0 | $0 |
Melissa Man President | Trustee | 0 | $0 |
Nicole Magrini Secretary | Trustee | 0 | $0 |
Chris Kiel Treasurer | OfficerTrustee | 0 | $0 |
Kim Rossi Class Rep | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,486 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,486 |
| Total Program Service Revenue | $858,077 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,860 |
| Net Income from Gaming Activities | $9,675 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $879,098 |
| 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. | $72,335 |
| Compensation of current officers, directors, key employees. | $72,335 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $484,218 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $42,179 |
| 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 | $0 |
| Fees for services: Other | $3,211 |
| Advertising and promotion | $0 |
| Office expenses | $2,205 |
| Information technology | $2,406 |
| Royalties | $0 |
| Occupancy | $78,813 |
| 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 | $9,635 |
| Insurance | $16,895 |
| All other expenses | $16,046 |
| Total functional expenses | $753,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,080 |
| Savings and temporary cash investments | $58,415 |
| 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 | $52,837 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $290,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $132,556 |
| 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 | $132,556 |
| Net assets without donor restrictions | $157,776 |
| 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 | $290,332 |