Fremont Street Nursery Incorporated
- Assets
- $669.8k
- Revenue
- $618.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Winchester, VA
- Founding
- 01/1958
- Data as of
- 12/2021
- EIN
- 54-0636119
Organization Overview
Fremont Street Nursery Incorporated is located in Winchester, VA. The organization was established in 1958. 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. Fremont Street Nursery Incorporated 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 12/2021, Fremont Street Nursery Incorporated generated $618.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $461.8k during the year ending 12/2021. While expenses have increased by 4.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE NURSERY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE NURSERY SERVICES TO THE COMMUNITY. APPROXIMATELY 80 STUDENTS ATTEND THE NURSERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Freda Roberson Executive Director | Officer | 40 | $36,686 |
Debbie Buckner President | OfficerTrustee | 2 | $0 |
Robert Gail Vice President | OfficerTrustee | 1 | $0 |
Susan Creasy Corresponding Secretary | OfficerTrustee | 1 | $0 |
Jackie Ruff Recording Secretary | OfficerTrustee | 1 | $0 |
Mary Broy Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,800 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,835 |
| All other contributions, gifts, grants, and similar amounts not included above | $251,110 |
| Noncash contributions included in lines 1a–1f | $880 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,745 |
| Total Program Service Revenue | $222,035 |
| Investment income | $1,713 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,928 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $618,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,555 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,687 |
| Compensation of current officers, directors, key employees. | $3,669 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $263,682 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,262 |
| Advertising and promotion | $0 |
| Office expenses | $1,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,499 |
| Travel | $486 |
| 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 | $21,230 |
| Insurance | $11,273 |
| All other expenses | $2,653 |
| Total functional expenses | $461,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,783 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,400 |
| Accounts receivable, net | $7,494 |
| 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 | $2,068 |
| Net Land, buildings, and equipment | $277,272 |
| Investments—publicly traded securities | $3,781 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $669,798 |
| Accounts payable and accrued expenses | $0 |
| 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 | $19,534 |
| Total liabilities | $19,534 |
| Net assets without donor restrictions | $629,792 |
| Net assets with donor restrictions | $20,472 |
| 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 | $669,798 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Fremont Street Nursery Incorporated has recieved totaling $10,030.
| Awarding Organization | Amount |
|---|---|
United Way Of Northern Shenandoah Valley Winchester, VA PURPOSE: FUNDS FIVE ENRICHMENT PROGRAMS IN ORDER TO PROVIDE HIGH-QUALITY CHILDCARE TO LOW INCOME AND SINGLE-PARENTS, NEW CAREGIVERS, AND AT-RISK YOUTHS. FUNDED PROGRAMS INCLUDE: PHYSICAL FITNESS, GARDENING, SUMMER ENRICHMENT ACTIVITIES, MUSIC THERAPY, AND EARLY LEARNING ASSESSMENT. | $8,000 |
Dorothy M Overcash Charitable Tr U A Winchester, VA PURPOSE: GENERAL PURPOSE | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
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