Zion Day Care Center Inc
- Assets
- $285.2k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 17
- Location
- Brooklyn, NY
- Founding
- 04/2019
- Data as of
- 06/2021
- EIN
- 82-5519401
Organization Overview
Zion Day Care Center Inc is located in Brooklyn, NY. The organization was established in 2019. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2021, Zion Day Care Center Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zion Day Care Center 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 06/2021, Zion Day Care Center Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. 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 QUALITY CHILDCARE AND EDUCATION FOR THE CHILDREN OF BROOKLYN, NY BETWEEN THE AGES OF 2-5.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE QUALITY CHILDCARE AND EDUCATION FOR THE CHILDREN OF BROOKLYN, NY BETWEEN THE AGES OF 2-5. DURING THE YEAR ENDING JUNE 30, 2021, THERE WERE 80 CHILDREN IN THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bluma Mermelstein Director | Trustee | 35 | $97,868 |
Wolf Gold Chairman | OfficerTrustee | 0.5 | $0 |
Chaya Mossberg Vice President | OfficerTrustee | 0.5 | $0 |
Abraham Fasten Treasurer | OfficerTrustee | 0.5 | $0 |
Itty Stiel Secretary | OfficerTrustee | 0.5 | $0 |
Raizy Chaya Fishman Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,343,532 |
| 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 | $1,343,532 |
| Statement of Expenses | |
|---|---|
| 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. | $97,868 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $667,661 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,437 |
| Payroll taxes | $65,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,541 |
| Advertising and promotion | $0 |
| Office expenses | $20,098 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $240,694 |
| 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 | $7,031 |
| All other expenses | $0 |
| Total functional expenses | $1,337,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,452 |
| Savings and temporary cash investments | $0 |
| 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 | $26,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $158,316 |
| Total assets | $285,206 |
| Accounts payable and accrued expenses | $8,500 |
| 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 | $305,520 |
| Total liabilities | $314,020 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$28,814 |