Newark Day Nursery Assoc Inc
- Assets
- $2.7m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 62
- Location
- Newark, DE
- Founding
- 08/1963
- Data as of
- 12/2023
- EIN
- 51-0096130
Organization Overview
Newark Day Nursery Assoc Inc, operating under the name See Schedule O, is located in Newark, DE. The organization was established in 1963. 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 12/2023, See Schedule O employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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 12/2023, See Schedule O generated $1.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 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
EARLY CHILDHOOD AND SCHOOL AGE EDUCATION CENTER. DEDICATED TO PROVIDING THE HIGHEST QUALITY EARLY CHILDHOOD AND AFTER-SCHOOL SERVICES TO EDUCATE, TO ENRICH AND TO INSPIRE CHILDREN AND YOUTH FROM CULTURALLY AND ECONOMICALLY DIVERSE FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER IS DEDICATED TO PROVIDING HIGH QUALITY, AFFORDABLE EARLY CHILDHOOD EDUCATION AND AFTER SCHOOL CARE TO CHILDREN 6 WEEKS TO 14 YEARS OF AGE FROM ETHNICALLY AND ECONOMICALLY DIVERSE FAMILIES WHO WORK OR LIVE IN THE GREATER NEWARK AREA, DELAWARE. FAMILIES ARE PROVIDED CARE BASED ON A SLIDING FEE SCHEDULE TO ENSURE ACCESS TO AFFORDABLE CARE AND 49% OF OUR FULL DAY CHILD CARE FAMILIES RECEIVED SCHOLARSHIP ASSISTANCE. 251 CHILDREN WERE SERVED DURING THE THE CURRENT YEAR THROUGH THREE SERVICES: 1 FULL DAY CARE AND EARLY EDUCATION PROGRAM, 2 SCHOOL AGE BEFORE AND AFTER SCHOOL PROGRAM, AND 3 SUMMER CAMP. THE CENTER IS ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN AND THE AMERICAN CAMP ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Brainard President | OfficerTrustee | 1 | $0 |
Renee Bensley Treasurer | OfficerTrustee | 2 | $0 |
Debra Coffey Board Member | Trustee | 1 | $0 |
Daphne Leblanc-Brannon Board Member | Trustee | 1 | $0 |
Anna Mcdermott Board Member | Trustee | 1 | $0 |
Monica Seligmann Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $487 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $131,680 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,963 |
| Total Program Service Revenue | $1,802,439 |
| Investment income | $1,287 |
| 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 | $1,946,038 |
| 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. | $97,056 |
| Compensation of current officers, directors, key employees. | $17,470 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $980,353 |
| Pension plan accruals and contributions | $24,093 |
| Other employee benefits | $132,902 |
| Payroll taxes | $94,318 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,263 |
| Fees for services: Accounting | $36,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,467 |
| Advertising and promotion | $10,877 |
| Office expenses | $523 |
| Information technology | $6,659 |
| Royalties | $0 |
| Occupancy | $154,717 |
| Travel | $8,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,149 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,049 |
| Insurance | $67,559 |
| All other expenses | $11,344 |
| Total functional expenses | $1,936,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890,208 |
| Savings and temporary cash investments | $310,859 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $82,120 |
| 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 | $1,396,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,679,561 |
| Accounts payable and accrued expenses | $58,685 |
| Grants payable | $0 |
| Deferred revenue | $57,126 |
| 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 | $37,014 |
| Total liabilities | $152,825 |
| Net assets without donor restrictions | $2,526,736 |
| 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 | $2,679,561 |