Monmouth Day Care Center Inc is located in Red Bank, NJ. The organization was established in 1969. 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 12/2021, Monmouth Day Care Center Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monmouth Day Care Center 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 12/2021, Monmouth Day Care Center Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 0.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING YEAR ROUND DAY CARE WHICH SERVICES THE GREATER MONMOUTH COUNTY NJ AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING YEAR ROUND DAY CARE WHICH SERVICES THE GREATER MONMOUTH COUNTY NJ AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heidi Zaentz Past Executive Director | Trustee | 40 | $59,280 |
Matilde Quezada Executive Director | Trustee | 40 | $30,000 |
Lanae Herman Second Vice-President | OfficerTrustee | 1 | $0 |
Jean Simes First Vice-President | OfficerTrustee | 1 | $0 |
John Shotliff Third Vice-President | OfficerTrustee | 1 | $0 |
Brendan Mcloughlin President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $142,149 |
Related organizations | $0 |
Government grants | $195,400 |
All other contributions, gifts, grants, and similar amounts not included above | $77,615 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $415,164 |
Total Program Service Revenue | $1,158,388 |
Investment income | $6,979 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $578 |
Net Income from Fundraising Events | -$13,294 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,567,815 |
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. | $89,280 |
Compensation of current officers, directors, key employees. | $58,032 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $826,004 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,183 |
Payroll taxes | $68,702 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,690 |
Fees for services: Accounting | $12,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,563 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $44,089 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $41,422 |
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 | $20,346 |
Insurance | $25,131 |
All other expenses | $8,970 |
Total functional expenses | $1,423,657 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $844,614 |
Pledges and grants receivable | $35,709 |
Accounts receivable, net | $11,263 |
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 | $12,862 |
Net Land, buildings, and equipment | $150,052 |
Investments—publicly traded securities | $292,385 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,346,885 |
Accounts payable and accrued expenses | $53,743 |
Grants payable | $0 |
Deferred revenue | $9,704 |
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 | $271,915 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $335,362 |
Net assets without donor restrictions | $731,948 |
Net assets with donor restrictions | $279,575 |
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 | $1,346,885 |
Over the last fiscal year, we have identified 6 grants that Monmouth Day Care Center Inc has recieved totaling $9,442.
Awarding Organization | Amount |
---|---|
Oceanfirst Foundation Toms River, NJ PURPOSE: GENERAL OPERATING/FLEXIBLE SUPPORT GRANT | $5,000 |
Amboy Foundation Inc Old Bridge, NJ PURPOSE: NON-PROFIT | $2,000 |
Jay And Linda Grunin Foundation Inc Toms River, NJ PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Lucile And Maurice Pollak Fund Manahawkin, NJ PURPOSE: FOR OPERATIONS | $750 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $192 |
Beg. Balance | $243,682 |
Earnings | $51,152 |
Admin Expense | -$2,449 |
Ending Balance | $292,385 |
Organization Name | Assets | Revenue |
---|---|---|
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |
Union City Day Care Program Inc Union City, NJ | $4,462,325 | $9,788,592 |
Child Care Network Of New York Inc New Hyde Park, NY | $1,608,606 | $10,022,479 |
Tremont Monterey Day Care Center Inc Bronx, NY | $2,143,453 | $9,664,253 |
Learn & Play Fort Washington, PA | $20,169,763 | $14,001,464 |