Venice Nokomis Community Preschool Inc is located in Nokomis, FL. The organization was established in 2017. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2023, Venice Nokomis Community Preschool Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venice Nokomis Community Preschool 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 12/2023, Venice Nokomis Community Preschool Inc generated $635.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $371.8k during the year ending 12/2023. While expenses have increased by 14.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO OFFER A CHRISTIAN ATMOSPHERE TO YOUNG CHILDREN THAT IS RICH WITH UNDERSTANDING, ENCOURAGEMENT AND EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL AND DAYCARE CENTER WITH 40 PRESCHOOL STUDENTS ENROLLED DURING THE SCHOOL YEAR AND 24 DURING THE SUMMER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth P Tyde Officer | OfficerTrustee | 40 | $59,790 |
Barbara Zier Founding Mgr. | OfficerTrustee | 30 | $31,467 |
Karl Beckom Director | Trustee | 0.25 | $0 |
Kristi M Jarvis President | OfficerTrustee | 0.25 | $0 |
Beverly J Miller Treasurer | OfficerTrustee | 1.25 | $0 |
Neill P Heim Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $81,023 |
All other contributions, gifts, grants, and similar amounts not included above | $213,154 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $294,177 |
Total Program Service Revenue | $316,334 |
Investment income | $10,034 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $14,713 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $635,258 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $400 |
Grants and other assistance to domestic individuals. | $12,593 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $91,257 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $170,132 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $20,224 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $600 |
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 | $1,080 |
Royalties | $0 |
Occupancy | $4,196 |
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 | $8,440 |
Insurance | $8,315 |
All other expenses | $13,351 |
Total functional expenses | $371,798 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $188,798 |
Savings and temporary cash investments | $1,204 |
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 | $51,530 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $328,813 |
Total assets | $570,345 |
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 | $570,345 |
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 | $570,345 |