Ascension Nursery & Kindergarten Inc
- Assets
- $78.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 03/1968
- Data as of
- 06/2022
- EIN
- 04-2324582
Organization Overview
Ascension Nursery & Kindergarten Inc is located in Ipswich, MA. The organization was established in 1968. 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. Ascension Nursery & Kindergarten 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 06/2022, Ascension Nursery & Kindergarten Inc generated $138.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $102.4k during the year ending 06/2022. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INTRODUCTION OF SCHOOL ENVIRONMENT FOR APPROXIMATELY 40 STUDENTS AGE 3-5, ADDRESS KINDERGARTEN READINESS AND SOCIAL INTRODUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Wing Director & Teacher | 25 | $41,613 | |
Carron Riddle Clerk, Director And Teache | 25 | $40,613 | |
Terri Murphy Treasurer And Director | 1.5 | $2,633 | |
Michelle Morley President And Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $459 |
| Total Program Service Revenue | $122,284 |
| Membership dues | $0 |
| Investment income | $191 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $710 |
| Other Revenue | $14,400 |
| Total Revenue | $138,044 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,390 |
| Professional fees and other payments to independent contractors | $2,171 |
| Occupancy, rent, utilities, and maintenance | $9,360 |
| Printing, publications, postage, and shipping | $314 |
| Other expenses | $7,140 |
| Total expenses | $102,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,500 |
| Other assets | $0 |
| Total assets | $78,500 |
| Total liabilities | $157 |
| Net assets or fund balances | $78,343 |
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