Mercer Island Preschool Association
- Assets
- $57.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 04/1978
- Data as of
- 06/2022
- EIN
- 91-1022510
Organization Overview
Mercer Island Preschool Association is located in Mercer Island, WA. The organization was established in 1978. 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. Mercer Island Preschool Association 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 06/2022, Mercer Island Preschool Association generated $55.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $69.0k during the year ending 06/2022. While expenses have increased by 9.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MIPA PROVIDES VARIOUS EVENTS (TOY SWAP, SUMMER CONCERT, ETC) FOR YOUNG CHILDREN AND THEIR FAMILIES TO ENRICH THE LIVES OF MERCER ISLAND FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lesley Malakoti Co-President | 5 | $0 | |
Sharon Walia Co-President | 5 | $0 | |
Stephanie Castle Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,738 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,920 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,801 |
| Other Revenue | $0 |
| Total Revenue | $55,460 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $231 |
| Other expenses | $0 |
| Total expenses | $68,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,673 |
| Other assets | $0 |
| Total assets | $57,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,673 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mercer Island Preschool Association has recieved totaling $60.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
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