Nachas Velt Daycare Inc
- Assets
- $17.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 01/2020
- Data as of
- 12/2021
- 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 12/2021, Nachas Velt Daycare Inc generated $96.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $117.1k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
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 | $13,800 | |
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 | $96,735 |
| 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 | $96,735 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,833 |
| Professional fees and other payments to independent contractors | $1,964 |
| Occupancy, rent, utilities, and maintenance | $18,150 |
| Printing, publications, postage, and shipping | $6,896 |
| Other expenses | $54,286 |
| Total expenses | $117,129 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,220 |
| Other assets | $0 |
| Total assets | $17,220 |
| Total liabilities | $34,100 |
| Net assets or fund balances | -$16,880 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Crown Heights Educational Centers Inc Brooklyn, NY | $13,044,302 | $39,783,189 |
Butler County Childrens Center Inc Butler, PA | $4,755,863 | $35,804,322 |
Northeast Parent And Child Society Inc Albany, NY | $28,822,787 | $39,619,614 |
Day Care Council Of New York Inc New York, NY | $9,552,378 | $29,439,995 |
Local 1199 Employer Child Care Fund New York, NY | $9,599,746 | $26,390,532 |
Guild Of St Agnes Of Worcester Inc Worcester, MA | $20,569,585 | $28,747,687 |
Child Development Centers Inc Erie, PA | $22,860,787 | $26,993,736 |
All My Children Day Care And Nursery School Jamaica Estates, NY | $13,560,786 | $26,442,381 |
Bradford Child Care Services Inc Bridgeville, PA | $6,738,908 | $20,770,769 |
Child Development And Family Council Of Centre County State College, PA | $3,508,640 | $21,304,471 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |