Ps 198m Parent Teacher Association Inc
- Assets
- $392.2k
- Revenue
- $185.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2012
- Data as of
- 06/2022
- EIN
- 30-0693322
Organization Overview
Ps 198m Parent Teacher Association Inc is located in New York, NY. The organization was established in 2012. 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. Ps 198m Parent Teacher Association 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, Ps 198m Parent Teacher Association Inc generated $185.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $167.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
TO PROVIDE SUPPORT AND RESOURCES TO THE SCHOOL FOR THE BENEFIT AND EDUCATIONAL GROWTH OF THE CHILDERN AND TO DEVELOP A COOPERATIVE WORKING RELATIONSHIP BETWEEN THE PARENTS AND STAFF OF THE SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT AND RESOURCES TO THE SCHOOL FOR THE BENEFIT AND EDUCATIONAL GROWTH OF THE CHILDERN AND TO DEVELOP A COOPERATIVE WORKING RELATIONSHIP BETWEEN THE PARENTS AND STAFF OF THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clare Huston Co-President | Officer | 10 | $0 |
Elissa Haque Co-Vice President | Officer | 10 | $0 |
Kristin Wedner Co-President | Officer | 10 | $0 |
Elsye Kelletshofer Co-Vice President | Officer | 10 | $0 |
Julie Milne Co-Vice President, Fundraising | Officer | 10 | $0 |
Whitney Schenk Co-Vice President, Fundraising | Officer | 10 | $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 | $64,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,226 |
| Total Program Service Revenue | $121,465 |
| Investment income | $152 |
| 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 | $185,843 |
| 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 | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $609 |
| All other expenses | $0 |
| Total functional expenses | $167,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $392,173 |
| Savings and temporary cash investments | $0 |
| 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 | $392,173 |
| 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 | $392,173 |
| 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 | $392,173 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ps 198m Parent Teacher Association Inc has recieved totaling $11,905.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,820 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homefront Inc Lawrenceville, NJ | $19,924,058 | $15,972,096 |
Boston After School & Beyond Inc Boston, MA | $8,204,182 | $8,812,020 |
Trustees Of The Free Public Library Of The Township Of East Brunswick East Brunswick, NJ | $2,206,212 | $3,599,309 |
Ketchum Grande Memoriall School Burnt Hills, NY | $5,061,922 | $2,742,920 |
Partners For Educational Leadership Inc West Hartford, CT | $1,925,828 | $2,519,972 |
Friends Of Dpny Inc Bronx, NY | $12,098,306 | $76,758 |
Parent Network Of New York State 1 Inc Buffalo, NY | $897,393 | $1,372,692 |
Parents And Teachers Association Of P S 29 Inc Brooklyn, NY | $571,073 | $1,446,218 |
Ps 58 Parent Teacher Association Brooklyn, NY | $738,322 | $1,192,013 |
Vita Education Services Inc Doylestown, PA | $624,691 | $1,073,219 |
Pennsylvania Association Of School Retirees Mechanicsburg, PA | $1,965,165 | $1,182,549 |
Pta New York Congress Bronxville, NY | $696,365 | $1,040,699 |