Parent Teacher Association Of Ps 45 2 Inc
- Assets
- $276.9k
- Revenue
- $224.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2011
- Data as of
- 06/2022
- EIN
- 27-3588800
Organization Overview
Parent Teacher Association Of Ps 45 2 Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parent Teacher Association Of Ps 45 2 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 06/2022, Parent Teacher Association Of Ps 45 2 Inc generated $224.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $146.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 7 years. 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
THE PTA IS THE ORGANIZATION THROUGH WHICH PARENTS ARE ABLE TO ORGANIZE, GET AND EXCHANGE INFORMATION, AND WORK TO SUPPORT AND ENRICH THE ACADEMIC AND SOCIAL LIFE OF ALL THE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PS 452 IS A PUBLIC SCHOOL IN THE BOROUGH OF MANHATTAN. IT HAS A STUDENT BODY POPULATION OF 385 STUDENTS, FROM PRE-KINDERGARTEN THROUGH 5TH GRADE. THE PARENT TEACHER ASSOCIATION, AMONG OTHER THINGS, DEVOTES MUCH OF ITS ATTENTION TO FUNDRAISING FOR PROGRAMS WHICH WILL SERVE ALL STUDENTS. OUR FUNDRAISING INCOME COVERS THE FOLLOWING PROGRAMS:-NATIONAL DANCE INSTITUTE (A WEEKLY DANCE AND MOVEMENT CLASS FOR EVERY STUDENT)-SALVADORI (A STEM PROGRAM)-CHESS INSTRUCTION-FILM STUDY THROUGH THE LINCOLN CENTER FILM SOCIETY-WELLNESS IN SCHOOL (HEALTHY FOODS SERVED IN OUR CAFETERIA)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Wyche Co-President | OfficerTrustee | 10 | $0 |
Angie Sweeney Co-President | OfficerTrustee | 10 | $0 |
Daniel Marks Cohen Co-Treasurer | OfficerTrustee | 5 | $0 |
Matt Garrity Co-Treasurer | OfficerTrustee | 5 | $0 |
Reema Kapadia VP Of Fundraising | OfficerTrustee | 10 | $0 |
Erica Johnson VP Of Communications | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $127,308 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,690 |
| Total Program Service Revenue | $0 |
| Investment income | $46 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,760 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,644 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,875 |
| Advertising and promotion | $0 |
| Office expenses | $10,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,047 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $146,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,732 |
| Savings and temporary cash investments | $233,160 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $276,892 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $276,892 |
| 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 | $276,892 |