Park Forest Village Day Nursery
- Assets
- $246.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 13
- Location
- State College, PA
- Founding
- 10/1979
- Data as of
- 06/2022
- EIN
- 25-1358116
Organization Overview
Park Forest Village Day Nursery is located in State College, PA. The organization was established in 1979. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Park Forest Village Day Nursery employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Forest Village Day Nursery 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, Park Forest Village Day Nursery generated $162.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $190.2k during the year ending 06/2022. While expenses have increased by 1.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE CONTINUED TO PROVIDE TUITION FREE PRESCHOOL EDUCATION SERVICES TO OVER 30 STUDENTS DURING THE PAST YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Hills Director | 40 | $37,500 | |
Saran Ashley-Douglas Trustee | 0 | $0 | |
Rachel Breon Trustee | 0 | $0 | |
Gregg Kohlhepp Trustee | 0 | $0 | |
Joel Weidner Treasurer | 2 | $0 | |
Catherine Bresee Assistant Treas | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,294 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $222 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,516 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $140,698 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,285 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,212 |
| Total expenses | $190,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216,988 |
| Other assets | $0 |
| Total assets | $246,562 |
| Total liabilities | $1,708 |
| Net assets or fund balances | $244,854 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Park Forest Village Day Nursery has recieved totaling $100,467.
| Awarding Organization | Amount |
|---|---|
Centre County Community Foundation Inc State College, PA PURPOSE: GENERAL SUPPORT | $57,467 |
Centre County United Way State College, PA PURPOSE: TO SUPPORT EDUCATION - RELATED MISSION | $43,000 |
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