Prospect Elementary School Parent-Teacher Organization is located in Prospect, CT. The organization was established in 2018. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Prospect Elementary School Parent-Teacher Organization 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 06/2024, Prospect Elementary School Parent-Teacher Organization generated $10.5k 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 (7.9%) each year. All expenses for the organization totaled $20.2k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THE PROSPECT ELEMENTARY SCHOOL IS A NON-PROFIT ORGANIZATION DEDICATED TO THE ENRICHMENT AND NURTURING OF A CLOSE RELATIONSHIP BETWEEN PARENTS, TEACHERS, AND STUDENTS BY ADVANCING OPPORTUNITIES IN THE SCHOOL, HOME AND THE COMMUNITY OF PROSPECT. FIELD TRIPS, SPECIAL EVENTS, SCHOLARSHIPS AND STUDENT SUPPLIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Marcucio Co-President | 2 | $0 | |
Chelsea Anderson Vice Preside | 2 | $0 | |
Jennifer Dunnuck Recording Sc | 2 | $0 | |
Jeffrey Kolan Treasurer | 2 | $0 | |
Lauren Frenette Correspondin | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,487 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,984 |
| Other Revenue | $0 |
| Total Revenue | $10,471 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,528 |
| Total expenses | $20,178 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,196 |
| Other assets | $0 |
| Total assets | $23,196 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,196 |