Richwood Pre School Incorporated
- Assets
- $61.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 10/1985
- Data as of
- 12/2021
- EIN
- 22-2578565
Organization Overview
Richwood Pre School Incorporated is located in Lewes, DE. The organization was established in 1985. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richwood Pre School Incorporated 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, Richwood Pre School Incorporated generated $144.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $130.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRESCHOOL PROGRAMS: PROVIDE EARLY CHILDHOOD EXPERIENCES IN A NON DAY CARE ENVIRONMENT. ACCEPT STUDENTS WITHIN A WIDE RANGE OF ABILITIES. OUR PROGRAM IS ROUTINELY RECOMMENDED BY AREA PUBLIC AND PRIVATE SCHOOLS AS AN EXCELLENT EARLY CHILDHOOD EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracey Horchak Head Teacher | 35 | $22,812 | |
Carol N Welsh Treasurer | 5 | $3,600 | |
Carol M Piddington Exec Director/ceo | 5 | $2,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,000 |
| Total Program Service Revenue | $119,950 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $102,581 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,450 |
| Printing, publications, postage, and shipping | $346 |
| Other expenses | $13,840 |
| Total expenses | $130,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,835 |
| Other assets | $0 |
| Total assets | $61,160 |
| Total liabilities | $5,851 |
| Net assets or fund balances | $55,309 |
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