Milpitas Parents Preschool is located in Milpitas, CA. The organization was established in 1973. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. Milpitas Parents Preschool 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 06/2018, Milpitas Parents Preschool generated $50.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $45.7k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 2 years. 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
2018
Describe the Organization's Program Activity:
Part 3
MILPITAS PARENT'S PRESCHOOL CREATES A FAMILY AND CHILD-CENTERED DEVELOPMENTAL LEARNING ENVIRONMENT WHERE CHILDREN CAN BUILD EMOTIONAL, SOCIAL, AND INTELLECTUAL SKILLS THAT ARE THE FOUNDATION FOR LIFELONG LEARNING. MPP IS A MEMBER OF THE CALIFORNIA COUNCIL OF PARENT PARTICIPATION NURSEY SCHOOLS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Smriti Bhatnagar President | 10 | $0 | |
Kate Ventura Vice-President | 10 | $0 | |
Amrita Chowdhury Secretary | 10 | $0 | |
Sherilynn Chock Treasurer | 10 | $0 | |
Laurie Susbilla Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $49,210 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $494 |
Other Revenue | $500 |
Total Revenue | $50,204 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $24,150 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $11,665 |
Printing, publications, postage, and shipping | $143 |
Other expenses | $9,760 |
Total expenses | $45,718 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,917 |
Other assets | $0 |
Total assets | $4,917 |
Total liabilities | $0 |
Net assets or fund balances | $4,917 |