Purple Moose Enrichment Preschool
- Assets
- $213.8k
- Revenue
- $436.1k
- Investments
- $0.0
- Employees
- 13
- Location
- Crystal Lake, IL
- Founding
- 05/2016
- Data as of
- 06/2022
- EIN
- 47-5636376
Organization Overview
Purple Moose Enrichment Preschool is located in Crystal Lake, IL. The organization was established in 2016. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Purple Moose Enrichment Preschool employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purple Moose Enrichment 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 06/2022, Purple Moose Enrichment Preschool generated $436.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $328.6k during the year ending 06/2022. While expenses have increased by 10.2% per year over the past 6 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 PURPLE MOOSE ENRICHMENT PRESCHOOL'S MISSION IS TO PROVIDE CHILDREN WITH THE BEST SOCIAL AND EDUCATIONAL EXPERIENCE OBTAINABLE WITHIN A CARING AND SAFE ENVIRONMENT USING DEVELOPMENTALLY APPROPRIATE CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURPLE MOOSE ENRICHMENT PRESCHOOL HAS CONTINUED EXPANDING ITS REACH OF PROVIDING EARLY CHILDHOOD EDUCATION TO AN AREA OF MCHENRY COUNTY THAT HAD A LIMITED AMOUNT OF PROGRAMS AVAILABLE IN THE PAST. DUE TO OUR LOCATION AND AVAILABILITY OF SPACE WE ARE NOW ABLE TO OFFER OUR SERVICES TO AT LEAST TWENTY FAMILIES FOR WHOM WE WERE PREVIOUSLY OUT OF RADIUS. OUR PROGRAM WELCOMED TWELVE NEW FAMILIES TO OUR FOUR/FIVE-YEAR-OLD PROGRAM THIS YEAR, DIRECTLY CORRELATING TO OUR FACILITY. PURPLE MOOSE ENRICHMENT PRESCHOOL HAS CONTINUED TO EVOLVE ITS FUNDRAISING EFFORTS TO CREATE A SCHOLARSHIP FUND FOR FAMILIES THAT ARE NOT ABLE TO PAY FOR PRESCHOOL OTHERWISE. WE HAVE USED THOSE FUNDS IN CONJUNCTION WITH THE GRANTS WE RECEIVED FROM THE STATE TO ALLOW SIX KIDS JOIN OUR PROGRAM AT NO COST TO THEM AND THREE KIDS AT A DISCOUNTED RATE. WE ALSO BEGAN A SEPARATE SCHOLARSHIP OFFERING FOR THE STAFF, TO ENCOURAGE TRAINING AND PROFESSIONAL GROWTH. WE OFFER TO PAY FOR SEMINARS AND TRAINING TO ALLOW FOR THE STAFF TO GROW IN THE PROFESSION AND TO ORGANICALLY DEVELOP STAFF WITH HIGHER SKILL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Linscheid President | OfficerTrustee | 65 | $84,000 |
Sheri Hahn Treasurer | OfficerTrustee | 1 | $0 |
Myra Banea Secretary | OfficerTrustee | 1 | $0 |
Brenda Beach Director | Trustee | 1 | $0 |
Michael Fridman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $436,127 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $436,127 |
| 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. | $91,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,583 |
| Pension plan accruals and contributions | $5,136 |
| Other employee benefits | $0 |
| Payroll taxes | $44,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,031 |
| Office expenses | $1,192 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,940 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,231 |
| Insurance | $1,276 |
| All other expenses | $56,107 |
| Total functional expenses | $328,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,800 |
| Savings and temporary cash investments | $8 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $213,808 |
| Accounts payable and accrued expenses | $0 |
| 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 | -$2,125 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $638 |
| Total liabilities | -$1,487 |
| Net assets without donor restrictions | $0 |
| 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 | $215,295 |
| Total liabilities and net assets/fund balances | $213,808 |
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