Greenwood-Molina Nursery School
- Assets
- $874.9k
- Revenue
- $769.1k
- Investments
- $0.0
- Employees
- 15
- Location
- Corpus Christi, TX
- Founding
- 09/1964
- Data as of
- 12/2022
- EIN
- 74-1492311
Organization Overview
Greenwood-Molina Nursery School is located in Corpus Christi, TX. The organization was established in 1964. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2022, Greenwood-Molina Nursery School employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood-Molina Nursery School 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 12/2022, Greenwood-Molina Nursery School generated $769.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $640.8k during the year ending 12/2022. While expenses have increased by 2.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE QUALITY CHILD CARE FOR CHILDREN WHOSE PARENTS ARE EMPLOYED OR ARE PARTICIPATING IN EMPLOYMENT-RELATED TRAINING, PROVISIONS INCLUDE CHILDREN HAVING DISABLING OR HANDICAPPING CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL TYPES OF CARE ARE AVAILABLE TO FAMILIES WITH VARYING INCOME LEVELS. FAMILIES ARE PROVIDED ASSISTANCE THROUGH SCHOLARSHIPS AND INDIVIDUALIZED FEE STRUCTURES BASED ON EACH FAMILY'S NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Dogan-Tippen Member | Trustee | $0 | |
Huey Dorn Chairman | Trustee | $0 | |
Esther G Knowles Member | Trustee | $0 | |
Harvey Salinas Co-Chairman | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $245,139 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,308 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $340,447 |
| Total Program Service Revenue | $285,180 |
| Investment income | $0 |
| 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 | $769,126 |
| 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 | $318,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $362 |
| Payroll taxes | $25,872 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,696 |
| Travel | $4,379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,787 |
| Interest | $1,231 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,553 |
| Insurance | $0 |
| All other expenses | $25,236 |
| Total functional expenses | $640,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,743 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,931 |
| 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 | $43 |
| Net Land, buildings, and equipment | $237,136 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,090 |
| Total assets | $874,943 |
| Accounts payable and accrued expenses | $2,393 |
| 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 | $310,422 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $312,815 |
| Net assets without donor restrictions | $562,128 |
| 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 | $874,943 |