Wonder World Preschool Inc
- Assets
- $253.7k
- Revenue
- $375.6k
- Investments
- $0.0
- Employees
- 31
- Location
- Slayton, MN
- Founding
- 02/1975
- Data as of
- 12/2022
- EIN
- 41-0996295
Organization Overview
Wonder World Preschool Inc is located in Slayton, MN. The organization was established in 1975. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2022, Wonder World Preschool Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wonder World Preschool 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 12/2022, Wonder World Preschool Inc generated $375.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $343.2k during the year ending 12/2022. While expenses have increased by 5.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO PROVIDE QUALITY DAYCARE AND PRESCHOOL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED QUALITY DAYCARE AND PRESCHOOL EDUCATION FOR APPROXIMATELY 55 CHILDREN.
PROVIDED EQUIPMENT NEEDED IN THE DAYCARE OPERATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Bonnstetter Board Member | Trustee | 1 | $0 |
Tim Klein Board Member | Trustee | 0.5 | $0 |
Kristin Petros Director | Trustee | 5 | $0 |
Tj Gertsema Vice Chair | Officer | 0.5 | $0 |
Ashley Haken Secretary | Officer | 1 | $0 |
Kayla Johnson Chair | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,332 |
| Total Program Service Revenue | $325,178 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,065 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,589 |
| 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 | $217,170 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,597 |
| Payroll taxes | $16,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $404 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,850 |
| Travel | $423 |
| 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 | $6,110 |
| Insurance | $6,136 |
| All other expenses | $11,647 |
| Total functional expenses | $343,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,360 |
| Savings and temporary cash investments | $111,687 |
| 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 | $1,300 |
| Net Land, buildings, and equipment | $53,477 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,882 |
| Total assets | $253,706 |
| Accounts payable and accrued expenses | $8,322 |
| 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 | $8,322 |
| Net assets without donor restrictions | $245,384 |
| 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 | $253,706 |