Childrens Workshop
- Assets
- $3.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Long Lake, MN
- Founding
- 03/1990
- Data as of
- 08/2023
- EIN
- 41-1619315
Organization Overview
Childrens Workshop is located in Long Lake, MN. The organization was established in 1990. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2023, Childrens Workshop employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Workshop 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 08/2023, Childrens Workshop generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.3m during the year ending 08/2023. While expenses have increased by 2.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION - MONTESSORI
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S WORKSHOP IS AN INDEPENDENT, NON-PROFIT, AMI RECOGNIZED MONTESSORI SCHOOL FOR CHILDREN AGES 8 WEEKS THROUGH KINDERGARTEN. WE PROVIDE EDUCATION AND DAYCARE FROM 7:30AM - 6PM YEAR ROUND.
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 |
|---|---|---|---|
Maime Folkerts Secretary | OfficerTrustee | 1 | $0 |
Matthew Folkherds Board Member | Trustee | 1 | $0 |
Ron Hall President | OfficerTrustee | 5 | $0 |
Morgan Kirchner Board Member | Trustee | 1 | $0 |
Amanda Engler Board Member | Trustee | 1 | $0 |
Rachel Ivascu Board Member | Trustee | 40 | $43,818 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,033 |
| Related organizations | $0 |
| Government grants | $64,244 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,277 |
| Total Program Service Revenue | $1,238,485 |
| Investment income | $7,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,859 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,342,933 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,776 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,620 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $586,051 |
| Pension plan accruals and contributions | $13,520 |
| Other employee benefits | $21,935 |
| Payroll taxes | $57,249 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $78,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,928 |
| Office expenses | $6,792 |
| Information technology | $7,200 |
| Royalties | $0 |
| Occupancy | $81,956 |
| Travel | $3,086 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $97,693 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,895 |
| Insurance | $8,564 |
| All other expenses | $37,071 |
| Total functional expenses | $1,283,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $733,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,110 |
| 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 | $12,685 |
| Net Land, buildings, and equipment | $2,249,574 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,007,400 |
| Accounts payable and accrued expenses | $12,114 |
| 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 | $1,992,534 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,004,648 |
| Net assets without donor restrictions | $1,002,752 |
| 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 | $3,007,400 |