Parent Infant Center
- Assets
- $4.2m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 99
- Location
- Philadelphia, PA
- Founding
- 10/1981
- Data as of
- 06/2022
- EIN
- 23-2151143
Organization Overview
Parent Infant Center is located in Philadelphia, PA. The organization was established in 1981. 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 06/2022, Parent Infant Center employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parent Infant Center 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, Parent Infant Center generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 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
SUPPORT PARENTING BY ENABLING CHILDREN TO GROW & LEARN IN A SAFE, STIMULATING, LOVING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD CARE SERVICES - PROVIDE CHILD CARE SERVICES FOR CHILDREN 6 WEEKS TO 10 YEARS OF AGE. THERE WERE APPROXIMATELY 300 CHILDREN SERVED DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Shashaty President | OfficerTrustee | 2 | $0 |
Leigh Gantz Vice President | OfficerTrustee | 2 | $0 |
Ahmed Moor Secretary | OfficerTrustee | 2 | $0 |
Laura Brestelli Treasurer | OfficerTrustee | 2 | $0 |
Tamika Barrow Member | Trustee | 2 | $0 |
Menty Beyleyen Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $53,518 |
| Related organizations | $0 |
| Government grants | $662,955 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,086,306 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,802,779 |
| Total Program Service Revenue | $4,288,476 |
| Investment income | $1,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,416 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,087,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $72,399 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,343 |
| Compensation of current officers, directors, key employees. | $16,121 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,813,541 |
| Pension plan accruals and contributions | $45,846 |
| Other employee benefits | $483,820 |
| Payroll taxes | $228,315 |
| 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 | $82,642 |
| Advertising and promotion | $0 |
| Office expenses | $36,148 |
| Information technology | $29,795 |
| Royalties | $0 |
| Occupancy | $399,327 |
| Travel | $10,354 |
| 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 | $164,181 |
| Insurance | $33,085 |
| All other expenses | $60,210 |
| Total functional expenses | $5,009,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,446,253 |
| Savings and temporary cash investments | $706,939 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $122,414 |
| 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 | $74,964 |
| Net Land, buildings, and equipment | $797,409 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,500 |
| Total assets | $4,179,479 |
| Accounts payable and accrued expenses | $79,514 |
| Grants payable | $0 |
| Deferred revenue | $230,523 |
| 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 | $5,352 |
| Other liabilities | $188,261 |
| Total liabilities | $503,650 |
| Net assets without donor restrictions | $3,644,329 |
| Net assets with donor restrictions | $31,500 |
| 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 | $4,179,479 |