Open Gate Nursery School
- Assets
- $110.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Redwood City, CA
- Founding
- 10/1974
- Data as of
- 07/2023
- EIN
- 23-7405261
Organization Overview
Open Gate Nursery School is located in Redwood City, CA. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2023, Open Gate Nursery School employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Gate Nursery School 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 07/2023, Open Gate Nursery School generated $109.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $143.4k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE CO-OP PRESCHOOL EDUCATION FOR APPROX 45 STUDENTS AGED 2-5
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristi Calcagno Director | 30 | $69,299 | |
Gabrielle Mayer President | 3 | $0 | |
Allison Kockos Vice President | 3 | $0 | |
Alexis Thacker Treasurer | 3 | $0 | |
Andrea Chatelain Trustee | 1 | $0 | |
Nick Sunseri Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,876 |
| Total Program Service Revenue | $88,152 |
| Membership dues | $0 |
| Investment income | $82 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,159 |
| Other Revenue | $0 |
| Total Revenue | $109,269 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $109,332 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $20,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,707 |
| Total expenses | $143,439 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,703 |
| Other assets | $0 |
| Total assets | $110,703 |
| Total liabilities | $17,642 |
| Net assets or fund balances | $93,061 |