Westside Preschool
- Assets
- $422.7k
- Revenue
- $826.7k
- Investments
- $0.0
- Employees
- 45
- Location
- Rapid City, SD
- Founding
- 10/1974
- Data as of
- 05/2024
- EIN
- 46-0316189
Organization Overview
Westside Preschool is located in Rapid City, SD. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2024, Westside Preschool employed 45 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Westside 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 05/2024, Westside Preschool generated $826.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $843.0k during the year ending 05/2024. While expenses have increased by 4.3% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WESTSIDE PRESCHOOL AND DAYCARE IS TO EXTEND THE CHRISTIAN MINISTRY OF THE UNITED METHODIST CHURCH THROUGH A COMMUNITY EDUCATIONAL OUTREACH PROGRAM. THE OBJECTIVE OF THE PROGRAM IS TO PROVIDE A COMPREHENSIVE EARLY CHILDHOOD EDUCATION IN A CHRISTIAN ENVIRONMENT, WITH EMPHASIS ON CHRISTIAN VALUES, TO CHILDREN AND FAMILIES LIVING IN AND AROUND THE RAPID CITY, SD AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL PROGRAM - CHRISTIAN BASED EDUCATIONAL PROGRAM THAT IS LICENSED FOR 60 CHILDREN AGES 3-5. DAYCARE/AFTER SCHOOL PROGRAM - PROVIDES CARE FOR CHILDREN AGES 2-10.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Fitzgerald Vice Preside | OfficerTrustee | $0 | |
Reid Hansen Treasurer | OfficerTrustee | $0 | |
Lisa Huschle Director | Trustee | $0 | |
Sarah Lemon Director | Trustee | $0 | |
Amy Newstrom President | OfficerTrustee | $0 | |
Lonna Potter Secretary | OfficerTrustee | $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 | $1,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,680 |
| Total Program Service Revenue | $822,112 |
| Investment income | $2,895 |
| 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 | $826,687 |
| 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 | $608,598 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $46,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $125 |
| Office expenses | $4,454 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,963 |
| Travel | $8,677 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $268 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,071 |
| Insurance | $18,735 |
| All other expenses | $1,741 |
| Total functional expenses | $843,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,055 |
| Savings and temporary cash investments | $154,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,770 |
| 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 | $13,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $422,668 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $35,992 |
| 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 | $35,992 |
| Net assets without donor restrictions | $385,333 |
| Net assets with donor restrictions | $1,343 |
| 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 | $422,668 |