Petoskey Childrens Nursery Inc is located in Petoskey, MI. The organization was established in 1991. 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. Petoskey Childrens Nursery 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 06/2021, Petoskey Childrens Nursery Inc generated $139.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $107.8k during the year ending 06/2021. While expenses have increased by 32.9% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE PRESCHOOL EDUCATION IN A COOPERATIVE SETTING FOR 50+ 3-5 YEAR OLDS. OPERATIONS WERE IMPACTED BY COVID - TYPICAL FUNDRAISING EVENTS WERE NOT HELD BUT GRANTS WERE RECEIVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Hasty President | 4 | $0 | |
Emily Mcgeath Vice Pres. | 2 | $0 | |
Mike Schuitema 2020-21 Trea | 2 | $0 | |
Aileen Ryan 2020-21 Secr | 2 | $0 | |
Marta Mills 2020-21 Trea | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,739 |
Total Program Service Revenue | $86,056 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $139,799 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $78,231 |
Professional fees and other payments to independent contractors | $1,714 |
Occupancy, rent, utilities, and maintenance | $11,996 |
Printing, publications, postage, and shipping | $35 |
Other expenses | $15,855 |
Total expenses | $107,831 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $91,623 |
Other assets | $0 |
Total assets | $94,573 |
Total liabilities | $2,142 |
Net assets or fund balances | $92,431 |
Over the last fiscal year, we have identified 2 grants that Petoskey Childrens Nursery Inc has recieved totaling $17,600.
Awarding Organization | Amount |
---|---|
Petoskey-Harbor Springs Area Community Foundation Petoskey, MI PURPOSE: EXPAND SCHOOL DAY TO MEET COMMUNITY NEEDS FOR PRESCHOOL CARE | $8,800 |
Petoskey-Harbor Springs Area Community Foundation Petoskey, MI PURPOSE: EXPAND SCHOOL DAY TO MEET COMMUNITY NEEDS FOR PRESCHOOL CARE | $8,800 |
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