Mckeen Street Learning Center Inc
- Assets
- $133.3k
- Revenue
- $351.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Brunswick, ME
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 01-0503294
Organization Overview
Mckeen Street Learning Center Inc is located in Brunswick, ME. The organization was established in 1997. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Mckeen Street Learning Center Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mckeen Street Learning 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 12/2021, Mckeen Street Learning Center Inc generated $351.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $340.6k during the year ending 12/2021. While expenses have increased by 2.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILDCARE IN A SAFE ENVIRONMENT WITH FRESH AIR AND SUNSHINE, GOOD MEALS, FIELD TRIPS, EXERCISE SESSIONS, AND AGE-APPROPRIATE EDUCATION TO PREPARE CHILDREN FOR KINDERGARTEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CHILDCARE IN A SAFE ENVIRONMENT WITH FRESH AIR AND SUNSHINE, GOOD MEALS, FIELD TRIPS, EXERCISE SESSIONS, AND AGE-APPROPRIATE EDUCATION TO PREPARE CHILDREN FOR KINDERGARTEN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Ruth President/director | OfficerTrustee | 40 | $68,831 |
Pamela Lindall Asst. Director/vice Presid | OfficerTrustee | 40 | $54,629 |
Jessie Fredericks Treasurer | OfficerTrustee | 10 | $3,940 |
Neil S Shankman Clerk | OfficerTrustee | 1 | $0 |
Jesse Dunham Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,940 |
| All other contributions, gifts, grants, and similar amounts not included above | $311 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,251 |
| Total Program Service Revenue | $296,706 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,976 |
| 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. | $127,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,195 |
| Pension plan accruals and contributions | $4,823 |
| Other employee benefits | $0 |
| Payroll taxes | $17,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $275 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,155 |
| Advertising and promotion | $30 |
| Office expenses | $1,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,317 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58 |
| Insurance | $7,972 |
| All other expenses | $10 |
| Total functional expenses | $340,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,700 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,393 |
| 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 | $188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,281 |
| 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 | $15,865 |
| Total liabilities | $15,865 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $117,416 |
| Total liabilities and net assets/fund balances | $133,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brunswick Waldorf School Association Freeport, ME | $13,018,845 | $6,541,080 |
The Little Dolphin School Foundation Westbrook, ME | $301,050 | $3,725,366 |
Sandcastle Clinical And Educational Services Lewiston, ME | $2,172,618 | $2,465,222 |
Childrens Odyssey Falmouth, ME | $1,152,104 | $2,522,341 |
Woodside School Inc Concord, NH | $1,760,461 | $2,250,655 |
Noahs Ark Child Care Center Inc Manchester, NH | $1,388,834 | $1,953,462 |
Kennebec Montessori School Fairfield, ME | $2,120,756 | $1,231,451 |
New Concept Schools Inc Nashua, NH | $609,711 | $1,190,099 |
Bangor Childrens Home Bangor, ME | $1,739,179 | $935,425 |
The Camden Childrens House Montessori School Camden, ME | $736,689 | $1,016,333 |
Montessori Schoolhouse Of Cheshire County Inc Keene, NH | $975,106 | $720,131 |
Early Learning New Hampshire Concord, NH | $469,567 | $571,573 |