Parents Of P S 334 Inc
- Assets
- $2.2m
- Revenue
- $385.2k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2007
- Data as of
- 07/2021
- EIN
- 59-3826166
Organization Overview
Parents Of P S 334 Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Parents Of P S 334 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 07/2021, Parents Of P S 334 Inc generated $385.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $235.1k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (24.0%) per year over the past 6 years. 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 FINANCIAL SUPPORT FOR NYC PUBLIC SCHOOL #334
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARENTS OF P.S. 334, INC. IS A NOT-FOR-PROFIT PARENT-TEACHER ASSOCIATION THAT WORKS IN SUPPORT OF THE ANDERSON SCHOOL (P.S. 334). THE ANDERSON SCHOOL IS A NEW YORK CITY SCHOOL THAT TEACHES OVER 500 GIFTED AND TALENTED CHILDREN IN CLASSES FROM KINDERGARTEN THROUGH GRADE 8. THE PRIMARY MISSION OF PARENTS OF P.S. 334, INC. IS TO SUPPLEMENT THE RESOURCES PROVIDED BY THE NYC DEPT. OF EDUCATION, INCLUDING ASSISTANCE FOR SPORTS AND MUSICAL PROGRAMS, TEACHERS ASSISTANTS, AND OTHER CURRICULUM ENRICHMENTS IN SUBJECTS THAT INCLUDE FOREIGN LANGUAGES, SCIENCE, MATH AND ENGLISH. ADDITIONALLY, SINCE THE ANDERSON SCHOOL IS OPEN TO STUDENTS WHO LIVE THROUGHOUT NEW YORK CITY, THE PARENTS OF P.S. 334 ALSO WORK TO RAISE AWARENESS OF THE SCHOOL AMONG PARENTS CITYWIDE AND TO ACTIVELY RECRUIT QUALIFIED STUDENTS TO ATTEND THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prerna Kapur Co-President | OfficerTrustee | 1 | $0 |
Tim Chen Co-Treasurer | OfficerTrustee | 1 | $0 |
Annie Wilson Secretary | OfficerTrustee | 1 | $0 |
Amanda Carr VP Communications | OfficerTrustee | 1 | $0 |
Matthew Day Budget Co-Chairs | OfficerTrustee | 1 | $0 |
Jonathan Mak Asst Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $90,270 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $288,022 |
| Noncash contributions included in lines 1a–1f | $22,425 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,292 |
| Total Program Service Revenue | $0 |
| Investment income | $6,902 |
| 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 | $385,194 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,714 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $226,421 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $235,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,228 |
| Savings and temporary cash investments | $2,045,647 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,173,875 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,165,340 |
| Net assets with donor restrictions | $8,535 |
| 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 | $2,173,875 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Parents Of P S 334 Inc has recieved totaling $16,582.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,360 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $2,800 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,250 |
Smbc Global Foundation Inc New York, NY PURPOSE: EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES | $1,000 |
Open Society Institute New York, NY PURPOSE: MATCHING GIFT PROGRAM | $600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homefront Inc Lawrenceville, NJ | $19,924,058 | $15,972,096 |
Boston After School & Beyond Inc Boston, MA | $8,204,182 | $8,812,020 |
Trustees Of The Free Public Library Of The Township Of East Brunswick East Brunswick, NJ | $2,206,212 | $3,599,309 |
Ketchum Grande Memoriall School Burnt Hills, NY | $5,061,922 | $2,742,920 |
Partners For Educational Leadership Inc West Hartford, CT | $1,925,828 | $2,519,972 |
Friends Of Dpny Inc Bronx, NY | $12,098,306 | $76,758 |
Parent Network Of New York State 1 Inc Buffalo, NY | $897,393 | $1,372,692 |
Parents And Teachers Association Of P S 29 Inc Brooklyn, NY | $571,073 | $1,446,218 |
Ps 58 Parent Teacher Association Brooklyn, NY | $738,322 | $1,192,013 |
Vita Education Services Inc Doylestown, PA | $624,691 | $1,073,219 |
Pennsylvania Association Of School Retirees Mechanicsburg, PA | $1,965,165 | $1,182,549 |
Pta New York Congress Bronxville, NY | $696,365 | $1,040,699 |