Charlestown Cooperative Nurseryschool Inc
- Assets
- $2.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Charlestown, MA
- Founding
- 08/2007
- Data as of
- 06/2022
- EIN
- 20-8277040
Organization Overview
Charlestown Cooperative Nurseryschool Inc is located in Charlestown, MA. The organization was established in 2007. 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, Charlestown Cooperative Nurseryschool Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlestown Cooperative Nurseryschool 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, Charlestown Cooperative Nurseryschool Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 8.9% 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 PROMOTE AND CARRY OUT THE EDUCATION OF PRESCHOOL CHILDREN, 2.5-5 YEARS OR AGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARLESTOWN COOPERATIVE NURSERY SCHOOL ACHIEVED THE GOALS OF THE EXEMPT PURPOSE AS LISTED:1) TO PROMOTE AND CARRY OUT THE EDUCATION OF PRESCHOOL CHILDREN AGE 2.5-5 YEARS2) TO OFFER EDUCATIONAL ENRICHMENT FOR FAMILIES WITH CHILDREN AGES 0-53) TO OFFER THE NEIGHBORHOOD AN INDEPENDENT PRESCHOOL4) TO EDUCATE PRESCHOOL AGE CHILDREN BASED ON CURRENT EDUCATIONAL RESEARCH, ESPECIALLY THE REGGIO-EMILIA APPROACH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Pellagrini Director Of School | Officer | 40 | $101,891 |
Tara Vuono Finance Director | Officer | 12 | $35,654 |
Karen Tompros President | OfficerTrustee | 10 | $0 |
Jessica Seney Vice President | OfficerTrustee | 10 | $0 |
Josh Bresler Treasurer | OfficerTrustee | 10 | $0 |
Karen Kerr Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,550 |
| Related organizations | $0 |
| Government grants | $364,871 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $512,863 |
| Total Program Service Revenue | $1,526,660 |
| Investment income | $788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $80,798 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,121,109 |
| 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. | $170,391 |
| Compensation of current officers, directors, key employees. | $35,654 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,103,593 |
| Pension plan accruals and contributions | $12,616 |
| Other employee benefits | $48,491 |
| Payroll taxes | $100,403 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,713 |
| Office expenses | $29,557 |
| Information technology | $30,520 |
| Royalties | $0 |
| Occupancy | $171,553 |
| Travel | $3,654 |
| 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 | $30,731 |
| Insurance | $13,374 |
| All other expenses | $0 |
| Total functional expenses | $1,894,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,546,009 |
| Savings and temporary cash investments | $256,674 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,970 |
| 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 | $28,575 |
| Net Land, buildings, and equipment | $38,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,000 |
| Total assets | $1,955,380 |
| Accounts payable and accrued expenses | $300,916 |
| Grants payable | $0 |
| Deferred revenue | $827,275 |
| 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 | $18,756 |
| Total liabilities | $1,146,947 |
| Net assets without donor restrictions | $808,433 |
| 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 | $1,955,380 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Charlestown Cooperative Nurseryschool Inc has recieved totaling $12,410.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,883 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Arbella Insurance Foundation Inc Boston, MA PURPOSE: UNRESTRICTED OPERATING FUNDS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Crossroads Continuum Inc Hudson, MA | $10,592,948 | $12,454,903 |
Inly School Inc Scituate, MA | $15,613,460 | $10,498,509 |
Brooklyn Heights Montessori School Brooklyn, NY | $20,633,669 | $10,305,146 |