Cathedral Preschool Inc
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 53
- Location
- Atlanta, GA
- Founding
- 09/1979
- Data as of
- 05/2019
- EIN
- 58-1361768
Organization Overview
Cathedral Preschool Inc is located in Atlanta, GA. The organization was established in 1979. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2019, Cathedral Preschool Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cathedral Preschool 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 05/2019, Cathedral Preschool Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.2m during the year ending 05/2019. While expenses have increased by 2.2% 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PROGRAM FOR PRESCHOOL AGED CHILDREN THAT WILL FOSTER THE DEVELOPMENT OF THE WHOLE CHILD; EMOTIONALLY, INTELLECTUALLY, SOCIALLY, PHYSICALLY AND SPIRITUALLY BY OFFERING EACH STUDENT A WELL-BALANCED, AGE-APPROPRIATE CURRICULUM THAT STIMULATES CREATIVITY, SELF-EXPLORATION, INDEPENDENCE AND HEALTHY, HAPPY RELATIONSHIPS WITH OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CATHEDRAL PRESCHOOL OFFERS AN EPISCOPAL, INDEPENDENT PRESCHOOL CURRICULUM FOR AGES 2 THROUGH 5. DURING THE 2018 FISCAL YEAR, THE SCHOOL SERVICED 172 STUDENTS. THE CURRICULUM OF THE SCHOOL HAS BEEN DEVELOPED AND ADAPTED TO RELATE PROGRAM GOALS TO SPECIFIC LEARNING EXPERIENCES. THERE IS A FOUNDATION OF CORE SKILLS THAT IS BENEFICIAL FOR ALL CHILDREN TO MASTER IF THEY ARE TO EXPERIENCE CONTINUED SUCCESS IN SCHOOL. THE NATURE OF THE SKILLS DEPENDS UPON THE AGE OF THE CHILD AND HIS OR HER PRESENT LEVEL OF READINESS. TWO YEAR OLD'S BEGIN BY WORKING ON SOCIALIZATION AND THEMATIC UNITS AS CHILDREN ADJUST TO THEIR SCHOOL EXPERIENCE. SPECIFIC READING AND MATHEMATICS CURRICULA ARE OFFERED AT THREE YEARS OF AGE AND CONTINUE TO BUILD TO A FULL ACADEMIC CURRICULUM FOR KINDERGARTEN. THE ACADEMIC CURRICULUM IS ENRICHED BY ART, MUSIC, CHAPEL, LIBRARY, SCIENCE AND INDOOR-OUTDOOR PHYSICAL PLAY.
THE PLAY AND LUNCH AFTER SCHOOL (PALS) PROGRAM OFFERS TWO YEAR OLD'S THROUGH KINDERGARTEN AGED STUDENTS AN OPPORTUNITY TO EXTEND THEIR SCHOOL DAY WITH SOCIAL ENRICHMENT ACTIVITIES. DURING THE 2018 FISCAL YEAR THE SCHOOL SERVED 157 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodora Bair Member | Trustee | 0.5 | $0 |
Sara Chapman Member | Trustee | 0.5 | $0 |
Mary Holmes Member | Trustee | 0.5 | $0 |
George M Maxwell Jr Cathedral Of St. Philip | Trustee | 0.5 | $0 |
Bill Monroe Member | Trustee | 0.5 | $0 |
Amanda Price Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $42,816 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,725 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,541 |
| Total Program Service Revenue | $1,153,615 |
| Investment income | $30,364 |
| 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 | $1,262,520 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,075 |
| 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. | $95,816 |
| Compensation of current officers, directors, key employees. | $12,466 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $813,467 |
| Pension plan accruals and contributions | $2,850 |
| Other employee benefits | $12,893 |
| Payroll taxes | $69,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,819 |
| Fees for services: Other | $7,484 |
| Advertising and promotion | $0 |
| Office expenses | $30,660 |
| Information technology | $14,452 |
| Royalties | $0 |
| Occupancy | $40,468 |
| 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 | $11,546 |
| Insurance | $16,422 |
| All other expenses | $77,097 |
| Total functional expenses | $1,229,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,379 |
| Savings and temporary cash investments | $1,367,902 |
| Pledges and grants receivable | $400 |
| Accounts receivable, net | $11,454 |
| 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 | $20,472 |
| Net Land, buildings, and equipment | $14,405 |
| Investments—publicly traded securities | $290,556 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,734,568 |
| Accounts payable and accrued expenses | $100,635 |
| Grants payable | $0 |
| Deferred revenue | $657,994 |
| 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 | $0 |
| Total liabilities | $758,629 |
| Unrestricted restricted net Assets | $975,939 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $975,939 |