Nachas Velt Daycare Inc
- Assets
- $5.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 81-3271630
Organization Overview
Nachas Velt Daycare Inc is located in Spring Valley, NY. The organization was established in 2020. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nachas Velt Daycare 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 12/2022, Nachas Velt Daycare Inc generated $11.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.5%) each year. All expenses for the organization totaled $23.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CHILD CARE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gitel Friedman Director | 28 | $1,200 | |
Arya Dertick Director | 5 | $0 | |
Yitzchok Friedman Director | 10 | $0 | |
Mordechai Goldman Director | 5 | $0 | |
Yehuda Shwartz Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,233 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,233 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,354 |
| Professional fees and other payments to independent contractors | $1,719 |
| Occupancy, rent, utilities, and maintenance | $11,550 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,703 |
| Total expenses | $23,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,127 |
| Other assets | $0 |
| Total assets | $5,127 |
| Total liabilities | $34,100 |
| Net assets or fund balances | -$28,973 |