Readsboro Preschool Incorporated is located in Readsboro, VT. The organization was established in 1998. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Readsboro Preschool Incorporated 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, Readsboro Preschool Incorporated generated $83.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $110.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO HAVE CHILDREN INTERACT IN A SOCIALLY ACCEPTABLE WAY AND TO HAVE THE ORGANIZATION MAKE A POSITIVE PRESENCE IN THE COMMUNITY. 16 CHILDREN AND 20 PARENTS WERE SERVED BY THE ORGANIZATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Busa President | 35 | $28,276 | |
Kristy Corey Director | 2 | $0 | |
Alison Clausnitzer-Lane Director | 2 | $0 | |
Lindsay Bleau Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,574 |
| Total Program Service Revenue | $59,176 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,751 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,242 |
| Professional fees and other payments to independent contractors | $2,200 |
| Occupancy, rent, utilities, and maintenance | $20,529 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,192 |
| Total expenses | $110,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |