Northeastern Child Care Services
- Assets
- $1.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 79
- Location
- Scranton, PA
- Founding
- 12/1994
- Data as of
- 06/2023
- EIN
- 23-2541114
Organization Overview
Northeastern Child Care Services is located in Scranton, PA. The organization was established in 1994. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2023, Northeastern Child Care Services employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeastern Child Care Services 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 06/2023, Northeastern Child Care Services generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPREHENSIVE EARLY CHILDHOOD EDUCATION SERVICES TO FAMILIES OF CHILDREN RANGING IN AGE FROM INFANCY THROUGH TWELVE YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENTAL EARLY CHILDHOOD EDUCATION PROGRAM FOR CHILDREN AGED FROM INFANCY THROUGH TWELVE YEARS THAT ENABLES PARENTS AND GUARDIANS TO WORK OR TRAIN FOR WORK.
SPONSOR OF A CHILD CARE NUTRITION PROGRAM TO ASSURE PROVISION OF NUTRITOUS MEALS AND SNACKS IN CHILD CARE FACILITIES. THE COST OF PRE-K CHILDREN AMOUNTED TO $81,960 AND IS INCLUDED ON LINE 4C.
QUALITY PRE-KINDERGARTEN INITIATIVE FOR CHILDREN AGED THREE TO FIVE YEARS TO ENSURE SUCCESSFUL TRANSITION INTO KINDERGARTEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Apostolico Treasurer | OfficerTrustee | 1 | $0 |
Jim Calvey Vice-Presdient | OfficerTrustee | 1 | $0 |
Vito Forlenza PHD Secretary | Trustee | 1 | $0 |
Maggie Hawk Board Member | Trustee | 1 | $0 |
John Palumbo Board Member | Trustee | 1 | $0 |
Carlon E Preate President, Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,965,731 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,982,731 |
| Total Program Service Revenue | $730,940 |
| Investment income | $5,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,580 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,727,130 |
| 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. | $81,706 |
| Compensation of current officers, directors, key employees. | $20,427 |
| Compensation to disqualified persons | $1,600,560 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $126,260 |
| Payroll taxes | $124,888 |
| Fees for services: Management | $25,435 |
| Fees for services: Legal | $4,606 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $667 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,713 |
| Office expenses | $130,111 |
| Information technology | $4,332 |
| Royalties | $0 |
| Occupancy | $293,480 |
| Travel | $10,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,343 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,342 |
| Insurance | $40,015 |
| All other expenses | $0 |
| Total functional expenses | $2,599,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,035 |
| Savings and temporary cash investments | $272,573 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,950 |
| 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 | $31,111 |
| Net Land, buildings, and equipment | $303,604 |
| Investments—publicly traded securities | $379,090 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $263,731 |
| Total assets | $1,407,094 |
| Accounts payable and accrued expenses | $163,553 |
| 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 | $17,385 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $263,731 |
| Total liabilities | $444,669 |
| Net assets without donor restrictions | $962,425 |
| 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 | $1,407,094 |