Mayfair Co-Op Preschool is located in Farmington Hills, MI. The organization was established in 1957. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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. Mayfair Co-Op Preschool 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, Mayfair Co-Op Preschool generated $121.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $62.7k during the year ending 06/2022. While expenses have increased by 8.1% 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
CO-OP SCHOOL PROGRAM - EDUCATIONAL INSTRUCTION FOR25 STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amanda Bird Lead Teacher | 40 | $28,485 | |
Beth Stofflett Publicity | 3 | $0 | |
Brittany Connors Parent-Tot Class Chair | 3 | $0 | |
Sara Scislowicz 3's Class Chair | 3 | $0 | |
Lindsey Pruner Treasurer | 10 | $0 | |
Abbie Kneisel President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $62,250 |
Total Program Service Revenue | $50,470 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,613 |
Other Revenue | $455 |
Total Revenue | $121,790 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $38,290 |
Professional fees and other payments to independent contractors | $200 |
Occupancy, rent, utilities, and maintenance | $6,647 |
Printing, publications, postage, and shipping | $271 |
Other expenses | $17,301 |
Total expenses | $62,709 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,697 |
Other assets | $0 |
Total assets | $98,922 |
Total liabilities | $5,068 |
Net assets or fund balances | $93,854 |
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