Baby Institute Inc
- Assets
- $242.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 07/2015
- Data as of
- 12/2022
- EIN
- 37-1781615
Organization Overview
Baby Institute Inc is located in Albany, NY. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baby Institute 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 12/2022, Baby Institute Inc generated $131.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $168.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING PARENTING CLASSES THROUGH 9 WEEK PROGRAMS TO HELP PARENT UNDERSTAND CHILD DEVELOPMENT AND THE IMPORTANCE OF EARLY CHILDHOOD LITERACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noelene Smith Executive Director | 40 | $55,289 | |
Jacqueline Lake-Sample Member | 2.5 | $0 | |
Doug Sauer Ex-Offico | 2.5 | $0 | |
Pamela Sawchuck-Brown Ex-Offico | 2.5 | $0 | |
Debora Brown-Johnson Member | 2.5 | $0 | |
Kim Williams Member | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,655 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,655 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97,960 |
| Professional fees and other payments to independent contractors | $6,000 |
| Occupancy, rent, utilities, and maintenance | $8,824 |
| Printing, publications, postage, and shipping | $14 |
| Other expenses | $55,367 |
| Total expenses | $168,165 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,649 |
| Other assets | $0 |
| Total assets | $242,342 |
| Total liabilities | $1,212 |
| Net assets or fund balances | $241,130 |