Parents And Teachers Association Of P S 29 Inc
- Assets
- $571.1k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 34
- Location
- Brooklyn, NY
- Founding
- 07/1987
- Data as of
- 06/2022
- EIN
- 11-2853020
Organization Overview
Parents And Teachers Association Of P S 29 Inc is located in Brooklyn, NY. The organization was established in 1987. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. As of 06/2022, Parents And Teachers Association Of P S 29 Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parents And Teachers Association Of P S 29 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, Parents And Teachers Association Of P S 29 Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 4.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND IMPLEMENT A VARIETY OF EDUCATIONAL AND CULTURAL PROGRAMS FOR STUDENTS OF PUBLIC SCHOOL 29 IN BROOKLYN, NY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER-SCHOOL PROGRAMS PROVIDE EDUCATIONAL AND RECREATIONAL OPPORTUNITIES AS WELL AS HOMEWORK ASSISTANCE IN AN OUT-OF-CLASSROOM SETTING.
ACTIVITIES SUCH AS CONCERTS AND PLAYS, SKATE NIGHTS, PHOTOS, SPECIAL EVENTS, SCHOOL TRIPS, AND OTHER SUCH ACTIVITIES ARE PROVIDED TO FURTHER ENRICH STUDENTS' EDUCATIONAL CAREERS AS WELL AS PROVIDING A SOCIAL SETTING FOR STUDENTS TO INTERACT.
P.S. 29 PROGRAMS AND SCHOOL SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Brooks Co-President | Officer | 25 | $0 |
Lucia Madueno Co-Treasurer | Officer | 10 | $0 |
Kristin Heavey Co-Secretary | Officer | 2 | $0 |
David Kuhn Co-Secretary | Officer | 2 | $0 |
Jon Margolis Co-Treasurer | Officer | 10 | $0 |
Emily Chan Co-President | Officer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,777 |
| Total Program Service Revenue | $1,292,426 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,446,218 |
| 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 | $347,818 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $36,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $262,048 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $32,720 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,716 |
| All other expenses | $128,014 |
| Total functional expenses | $1,276,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,073 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $571,073 |
| 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 | $30,703 |
| Total liabilities | $30,703 |
| 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 | $540,370 |
| Total liabilities and net assets/fund balances | $571,073 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Parents And Teachers Association Of P S 29 Inc has recieved totaling $72,885.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $43,502 |
Organization Name not Listed PURPOSE: SCHOOLS | | $15,000 |
Compromise Quinby Taylor Education Foundation Boston, MA PURPOSE: GENERAL PURPOSES | $10,850 |
Open Society Institute New York, NY PURPOSE: MATCHING GIFT PROGRAM | $1,500 |
Nomura America Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homefront Inc Lawrenceville, NJ | $19,924,058 | $15,972,096 |
Boston After School & Beyond Inc Boston, MA | $8,204,182 | $8,812,020 |
Trustees Of The Free Public Library Of The Township Of East Brunswick East Brunswick, NJ | $2,206,212 | $3,599,309 |
Ketchum Grande Memoriall School Burnt Hills, NY | $5,061,922 | $2,742,920 |
Partners For Educational Leadership Inc West Hartford, CT | $1,925,828 | $2,519,972 |
Friends Of Dpny Inc Bronx, NY | $12,098,306 | $76,758 |
Parent Network Of New York State 1 Inc Buffalo, NY | $897,393 | $1,372,692 |
Parents And Teachers Association Of P S 29 Inc Brooklyn, NY | $571,073 | $1,446,218 |
Ps 58 Parent Teacher Association Brooklyn, NY | $738,322 | $1,192,013 |
Vita Education Services Inc Doylestown, PA | $624,691 | $1,073,219 |
Pennsylvania Association Of School Retirees Mechanicsburg, PA | $1,965,165 | $1,182,549 |
Pta New York Congress Bronxville, NY | $696,365 | $1,040,699 |