Wilbraham Community Preschool Inc
- Assets
- $104.1k
- Revenue
- $398.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Wilbraham, MA
- Founding
- Data as of
- 06/2023
- EIN
- 85-2827503
Organization Overview
Wilbraham Community Preschool Inc is located in Wilbraham, MA. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Wilbraham Community Preschool Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilbraham 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 06/2023, Wilbraham Community Preschool Inc generated $398.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 62.0% each year . All expenses for the organization totaled $336.5k during the year ending 06/2023. While expenses have increased by 55.1% per year over the past 2 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
THE NATURE OF THE ACTIVITIES TO BE CONDUCTED AND THE PURPOSES TO BE PROMOTED OR CARRIED OUT BY THE CORPORATION SHALL BE EXCLUSIVELY CHARITABLE, SCIENTIFIC, AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND SHALL INCLUDE, BUT NOT BE LIMITED TO THE FOLLOWING: A. TO OPERATE AND ENGAGE IN ALL THE ACTIVITIES NECESSARY TO CARRY ON A HIGH-QUALITY EARLY CARE AND EDUCATIONAL PRESCHOOL PROGRAM. B. TO SOLICIT AND RECEIVE CONTRIBUTIONS, GRANTS, MEMBERSHIP FEES, DONATIONS, GIFTS, BEQUESTS, DEVISES, AND OTHER SOURCES OF FUNDING TO PROMOTE THE PURPOSE OF THIS CORPORATION. C. TO ACCEPT, HOLD, INVEST, REINVEST, ADMINISTER ANY CONTRIBUTIONS, GRANTS, DONATIONS, GIFTS, BEQUESTS, AND DEVISES RECEIVED FOR SAID PURPOSES. D. TO ENTER INTO AGREEMENTS AND ARRANGEMENTS WITH SUCH OTHER CHARITABLE ORGANIZATIONS OR GROUPS AS THE CORPORATION SHALL DETERMINE, TO CARRY OUT ANY OF THE AFORESAID PURPOSE OF THE CORPORATION. E. TO MAKE DISTRIBUTIONS TO ORGANIZA
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CARE AND EDUCATIONAL PRESCHOOL PROGRAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Hannon CFO | Trustee | 40 | $69,789 |
Erin Kiernan President | OfficerTrustee | 40 | $69,789 |
Marc Atkin Director | Trustee | 1 | $0 |
Julie Dialessi-Lafley Director | Trustee | 1 | $0 |
Betsy Johnson Clerk | OfficerTrustee | 5 | $0 |
Patrick Roach Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $398,523 |
| 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 | $398,523 |
| 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. | $139,578 |
| Compensation of current officers, directors, key employees. | $27,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,038 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $300 |
| Office expenses | $7,940 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,177 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,665 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,039 |
| All other expenses | $188 |
| Total functional expenses | $336,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,102 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,102 |
| Accounts payable and accrued expenses | $2,514 |
| 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 | $2,514 |
| Net assets without donor restrictions | $101,588 |
| 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 | $104,102 |