Warren W Cherry Preschool
- Assets
- $802.8k
- Revenue
- $1.2m
- Investments
- $96.9k
- Employees
- 44
- Location
- Evanston, IL
- Founding
- 05/1992
- Data as of
- 05/2022
- EIN
- 36-3809526
Organization Overview
Warren W Cherry Preschool is located in Evanston, IL. The organization was established in 1992. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2023, Warren W Cherry Preschool employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Warren W Cherry Preschool 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 05/2022, Warren W Cherry Preschool generated $1.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. While expenses have increased by 2.4% per year over the past 4 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
THE MISSION OF WARREN W. CHERRY PRESCHOOL IS TO PROVIDE A DEVELOPMENTAL EARLY CHILDHOOD PROGRAM WHICH OFFERS A SAFE, CONSISTENT, NUTURING ENVIRONMENT THAT ENCOURAGES THE SOCIAL, EMOTIONAL, PHYSICAL AND INTELLECTUAL GROWTH OF CHILDREN AT THEIR OWN RATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A DEVELOPMENTAL EARLY CHILDHOOD PROGRAM WHICH OFFERS A SAFE, CONSISTENT, NUTURING ENVIRONMENT THAT ENCOURAGES THE SOCIAL, EMOTIONAL, PHYSICAL AND INTELLECTUAL GROWTH OF CHILDREN AT THEIR OWN RATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie O'shaughnessy President | OfficerTrustee | 5 | $0 |
Katy Shapiro Vice President | OfficerTrustee | 2 | $0 |
Andrea Elliott Development | Trustee | 2 | $0 |
Evan Howell Treasurer | OfficerTrustee | 2 | $0 |
Frank Mahoney Treasurer Elect | OfficerTrustee | 2 | $0 |
Zanique Davis Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,222 |
| Investment income | $1,811 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$21,927 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,341 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,161,045 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $822,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,330 |
| Payroll taxes | $59,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,457 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,806 |
| Advertising and promotion | $4,032 |
| Office expenses | $4,466 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,985 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,592 |
| Insurance | $18,449 |
| All other expenses | $0 |
| Total functional expenses | $1,090,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,508 |
| Savings and temporary cash investments | $306,438 |
| Pledges and grants receivable | $16,834 |
| Accounts receivable, net | $2,366 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,553 |
| Prepaid expenses and deferred charges | $953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $96,917 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $802,814 |
| Accounts payable and accrued expenses | $84,124 |
| Grants payable | $0 |
| Deferred revenue | $138,248 |
| 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 | $265,484 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $487,856 |
| Net assets without donor restrictions | $293,904 |
| Net assets with donor restrictions | $21,054 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $314,958 |