Agassiz Preschool Inc
- Assets
- $1.4m
- Revenue
- $478.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Somerville, MA
- Founding
- 07/1974
- Data as of
- 08/2021
- EIN
- 04-2493531
Organization Overview
Agassiz Preschool Inc is located in Somerville, MA. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2021, Agassiz Preschool Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agassiz Preschool 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 08/2021, Agassiz Preschool Inc generated $478.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $693.5k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. 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
OPERATION OF PRESCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL PROGRAMS FOR YOUNG CHILDREN - SCHOOL YEAR AND SUMMER PROGRAMS, SERVING UP TO 47 CHILDREN.
PRESCHOOL PROGRAMS FOR YOUNG CHILDREN - SCHOOL YEAR AND SUMMER PROGRAMS, SERVING UP TO 47 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracey Kaplan Executive Director | OfficerTrustee | 40 | $93,083 |
Benjamin Selman President | OfficerTrustee | 1 | $0 |
Kathleen Peterson Vice President | OfficerTrustee | 1 | $0 |
Lucy Colby Treasurer | OfficerTrustee | 1 | $0 |
Diana Huggins Clerk/secretary | OfficerTrustee | 1 | $0 |
Meredith Jones Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,217 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,875 |
| Total Program Service Revenue | $446,141 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,330 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $478,479 |
| 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. | $101,222 |
| Compensation of current officers, directors, key employees. | $101,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $378,748 |
| Pension plan accruals and contributions | $12,275 |
| Other employee benefits | $33,977 |
| Payroll taxes | $35,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,656 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $125 |
| Office expenses | $5,211 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,922 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,752 |
| Insurance | $15,824 |
| All other expenses | $0 |
| Total functional expenses | $693,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,784 |
| Savings and temporary cash investments | $13,083 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,249 |
| 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 | $1,253,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,448,202 |
| Accounts payable and accrued expenses | $16,783 |
| Grants payable | $0 |
| Deferred revenue | $24,186 |
| 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 | $676,155 |
| Unsecured mortgages and notes payable | $149,900 |
| Other liabilities | $111,525 |
| Total liabilities | $978,549 |
| Net assets without donor restrictions | $469,653 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,448,202 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Agassiz Preschool Inc has recieved totaling $111.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mary C Wheeler School Inc Providence, RI | $133,927,323 | $44,419,701 |
Alliance For Community Empowerment Inc Bridgeport, CT | $16,278,594 | $27,495,341 |
Scus Head Start Programs Inc Fairfield, CT | $3,729,940 | $22,684,143 |
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Jumpstart For Young Children Inc Boston, MA | $20,704,200 | $25,715,901 |
Holyoke Chicopee Springfield Head Start Inc Springfield, MA | $4,876,659 | $18,197,572 |
Belmont Day School Inc Belmont, MA | $53,871,739 | $17,214,948 |
The Kingsley Montessori School Inc Boston, MA | $12,852,129 | $12,365,430 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Nashoba Brooks School Of Concord Concord, MA | $34,636,415 | $10,867,224 |
Chestnut Hill School Chestnut Hill, MA | $33,385,087 | $15,409,802 |