Framingham Centre Nursery Schoolinc
- Assets
- $314.4k
- Revenue
- $433.9k
- Investments
- $0.0
- Employees
- 7
- Location
- Framingham, MA
- Founding
- 02/2009
- Data as of
- 06/2022
- EIN
- 20-5296806
Organization Overview
Framingham Centre Nursery Schoolinc is located in Framingham, MA. The organization was established in 2009. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Framingham Centre Nursery Schoolinc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Framingham Centre Nursery Schoolinc 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, Framingham Centre Nursery Schoolinc generated $433.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $361.6k during the year ending 06/2022. 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 PROVIDE HIGH QUALITY PRESCHOOL PROGRAM WHICH MEETS THE NEEDS OF DIVERSE FAMILIESIN THE FRAMINGHAM AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A HIGH QUALITY PRESCHOOL PROGRAM WHICH MEETS THE NEEDS OF DIVERSE FAMILIESIN THE FRAMINGHAM AREA. DEVELOPMENT CURRICULUM ENCOURAGES EACH CHILD'S INDIVIDUALGROWTH THROUGH SOCIALIZATION AND HANDS ON EXPERIENCES IN A NUTURING AND SAFE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaceolyn Norton Executive Director | OfficerTrustee | 40 | $59,640 |
Sylvia Fournier Clerk | OfficerTrustee | 1 | $0 |
Brittney Karpierz Treasurer | OfficerTrustee | 1 | $0 |
Michael O'brien President | OfficerTrustee | 1 | $0 |
Isabel Miller Director | Trustee | 1 | $0 |
Becky Delvecchio Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,414 |
| All other contributions, gifts, grants, and similar amounts not included above | $300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,714 |
| Total Program Service Revenue | $358,027 |
| Investment income | $150 |
| 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 | $433,891 |
| 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. | $59,640 |
| Compensation of current officers, directors, key employees. | $19,879 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,817 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,294 |
| Advertising and promotion | $1,333 |
| Office expenses | $938 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,825 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,057 |
| Insurance | $9,194 |
| All other expenses | $2,341 |
| Total functional expenses | $361,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,098 |
| 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 | $4,267 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $314,365 |
| Accounts payable and accrued expenses | $794 |
| Grants payable | $0 |
| Deferred revenue | $54,660 |
| 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 | $153,824 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $209,278 |
| Net assets without donor restrictions | $105,087 |
| 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 | $314,365 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Framingham Centre Nursery Schoolinc has recieved totaling $51.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
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 |