Pratt Nature Center Inc
- Assets
- $2.7m
- Revenue
- $771.2k
- Investments
- $1.5m
- Employees
- 21
- Location
- New Milford, CT
- Founding
- 06/1971
- Data as of
- 12/2021
- EIN
- 06-0873675
Organization Overview
Pratt Nature Center Inc is located in New Milford, CT. The organization was established in 1971. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2021, Pratt Nature Center Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pratt Nature 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, Pratt Nature Center Inc generated $771.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $483.9k during the year ending 12/2021. While expenses have increased by 8.4% 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
THE PRATT CENTER'S MISSION IS TO STIMULATE A LIFELONG RESPONSIBILITY FOR, AND JOY IN, THE NATURAL WORLD. WE ENCOURAGE PEOPLE TO EXPERIENCE THEMSELVES AS A PART OF NATURE, DEPENDANT UPON THE EARTH'S RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER DAY PROGRAM-CONSISTS OF SEVERAL SESSIONS DURING THE SUMMER VACATION PERIOD FOR CHILDREN AGES 4-12. APPROXIMATELY 675 CHILDREN PARTICIPATE. DAY CAMP ACTIVITIES ARE NATURE ORIENTED.
SCHOOL PROGRAMS-PROVIDE IN-SCHOOL PRESENTATIONS AT STUDENT ASSEMBLIES, CLASSROOM VISITS AND FIELD TRIPS. CURRICULUM AREAS INCLUDE LIFE PHYSICAL AND EARTH SCIENCES AND EARLY AMERICAN HISTORY. PROGRAMS ARE TAILORED FOR NEEDS OF PRESCHOOL, ELEMENTARY, GIFTED, AND TALENTED AND SPECIAL EDUCATION STUDENTS. SCHOOL VACATION DAY PROGRAMS ARE BASED ON SCIENCES AND EARLY AMERICAN HISTORY
COMMUNITY PROGRAMS-INCLUDE WEEKEND AND EVENING PROJECTS CONSISTING OF NATURE WALKS AND RELATED ACTIVITIES, WORKSHOPS TO DEVELOP OUTDOOR SKILLS AND CRAFTS. ALSO INCLUDED IS PETER PRATT NATURE SCHOOL
PETER PRATT NATURE SCHOOL - THIS NATURE SCHOOL DRAWS UPON THE DIVERSITY OF THE NATURAL WORLD TO FOSTER CURIOSITY, CREATIVITY, PROBLEM SOLVING, COLLABORATION, RESILIENCE AND EMPATHY TO LAY THE FOUNDATION FOR THE DEVELOPMENT OF THE COGNITIVE, EMOTIONAL, SOCIAL AND PHYSICAL SKILLS NEEDED FOR SUCCESS IN A CHALLENGING AND EVER CHANGING WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott E Mulhare Treasurer | Officer | 1 | $0 |
William Pasnau President | Officer | 1 | $0 |
David Albanese ESQ Secretary | Officer | 1 | $0 |
Jeffrey Kilberg Vice President | Officer | 1 | $0 |
Matthias Lukens Director | Trustee | 1 | $0 |
Jose Llerena Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,775 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,360 |
| Noncash contributions included in lines 1a–1f | $30,860 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,135 |
| Total Program Service Revenue | $470,471 |
| Investment income | $35,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,204 |
| Net Income from Fundraising Events | $22,733 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $771,158 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,152 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,221 |
| Fees for services: Other | $1,326 |
| Advertising and promotion | $2,197 |
| Office expenses | $4,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,787 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,450 |
| Insurance | $15,920 |
| All other expenses | $23,870 |
| Total functional expenses | $483,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,190 |
| Savings and temporary cash investments | $36,592 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,067,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,483,783 |
| Investments—program-related | $0 |
| Intangible assets | $2,539 |
| Other assets | $0 |
| Total assets | $2,687,253 |
| 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 | $212,709 |
| Total liabilities | $212,709 |
| 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 | $2,474,544 |
| Total liabilities and net assets/fund balances | $2,687,253 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Pratt Nature Center Inc has recieved totaling $181,439.
| Awarding Organization | Amount |
|---|---|
Gallant Family Foundation Inc New York, NY PURPOSE: OPERATIONS AND/OR CAPITAL IMPROVEMENT | $100,000 |
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: GIVE LOCAL 2021 | $55,722 |
Barnes Foundation Incorporated Marion, CT PURPOSE: TO SUPPORT EDUCATIONAL PROGRAMS | $12,000 |
Union Savings Bank Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $12,000 |
F B Heron Foundation New Milford, CT PURPOSE: GENERAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $217 |
Endowment Analysis
| Beg. Balance | $1,102,444 |
| Earnings | $137,620 |
| Admin Expense | $12,221 |
| Net Contributions | $255,940 |
| Ending Balance | $1,483,783 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Appalachian Mountain Club Boston, MA | $209,341,771 | $39,035,407 |
Cdp North America Inc New York, NY | $33,043,858 | $35,828,788 |
We Mean Business Coalition Inc New York, NY | $24,084,041 | $31,828,485 |
New York City Outward Bound Center Inc Long Island City, NY | $12,099,741 | $5,496,519 |
Thompson Island Outward Bound Education Center Inc Boston, MA | $13,376,568 | $5,176,529 |
Climate Jobs National Resource Center Inc New York, NY | $4,647,680 | $5,515,111 |
Coalition For Rainforest Nations Secretariat New York, NY | $10,118,420 | $9,603,902 |
Adirondack Mountain Club Inc Queensbury, NY | $6,654,615 | $4,843,206 |
Boston Harbor Now Inc Boston, MA | $4,066,521 | $5,208,606 |
Outward Bound Inc Lagrangeville, NY | $11,663,837 | $5,933,839 |
Earthplace The Nature Discovery Center Inc Westport, CT | $3,617,059 | $3,825,424 |
Empire Discovery Institute Inc Rochester, NY | $2,138,425 | $41,665 |