Hagerstown Childrens School Association Inc
- Assets
- $341.6k
- Revenue
- $755.3k
- Investments
- $0.0
- Employees
- 17
- Location
- Hagerstown, MD
- Founding
- 07/1999
- Data as of
- 06/2023
- EIN
- 52-1869677
Organization Overview
Hagerstown Childrens School Association Inc is located in Hagerstown, MD. The organization was established in 1999. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Hagerstown Childrens School Association Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hagerstown Childrens School Association 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 06/2023, Hagerstown Childrens School Association Inc generated $755.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $728.9k during the year ending 06/2023. While expenses have increased by 7.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HCS IS A MONTESSORI SCHOOL FOR PRESCHOOL AND KINDERGARTEN. EXTENDED CHILDCARE AND PRE-PRIMARY PROGRAMS AS WELL AS SUMMER PROGRAMS ARE OFFERED. OUR GOAL IS TO FOSTER SELF-CONFIDENT AND SELF-RELIANT LEARNERS, GOOD WORK HABITS, CREATIVE THINKING AND PROBLEM SOLVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HCS IS A MONTESSORI SCHOOL FOR PRESCHOOL AND KINDERGARTEN. EXTENDED CHILDCARE AND PRE-PRIMARY PROGRAMS AS WELL AS SUMMER PROGRAMS ARE OFFERED. OUR GOAL IS TO FOSTER SELF-CONFIDENT AND SELF-RELIANT LEARNERS, GOOD WORK HABITS, CREATIVE THINKING AND PROBLEM SOLVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Tosten Executive Di | Officer | 40 | $71,574 |
Lauren Begosh Vice Preside | OfficerTrustee | 2 | $0 |
Brandy Behrens Director | Trustee | 2 | $0 |
Elijah Drawbaugh Director | Trustee | 2 | $0 |
Jessica Jackson Director | Trustee | 2 | $0 |
Jennifer Keefer Treasurer | OfficerTrustee | 2 | $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 | $69,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,660 |
| Total Program Service Revenue | $637,618 |
| Investment income | $1,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,413 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $60 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $755,313 |
| 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. | $71,574 |
| Compensation of current officers, directors, key employees. | $7,157 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $386,923 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,192 |
| Payroll taxes | $36,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,593 |
| Office expenses | $5,104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,192 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,827 |
| Insurance | $8,545 |
| All other expenses | $2,473 |
| Total functional expenses | $728,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,980 |
| Savings and temporary cash investments | $228,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,255 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,750 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,551 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $165,295 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,082 |
| Total liabilities | $196,377 |
| Net assets without donor restrictions | $145,174 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $341,551 |