Grant Park Cooperative Preschool Inc
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 46
- Location
- Atlanta, GA
- Founding
- 05/2000
- Data as of
- 06/2023
- EIN
- 58-2539451
Organization Overview
Grant Park Cooperative Preschool Inc is located in Atlanta, GA. The organization was established in 2000. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Grant Park Cooperative Preschool Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grant Park Cooperative 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 06/2023, Grant Park Cooperative Preschool Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 7 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
THE ORGANIZATION PROVIDES EARLY CHILDHOOD EDUCATION FOR CHILDREN AGES ONE TO FOUR AND PROVIDES OPPORTUNITIES FOR PARENTS TO ACTIVELY PARTICIPATE IN THEIR CHILDREN'S EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PARK COOPERATIVE PRESCHOOL PROVIDED MORE THAN 100 FAMILIES WITH OPPORTUNITIES FOR THEIR CHILDREN TO BE EDUCATED AND TO SATISFY THEIR CURIOSITY IN A SECURE AND LOVING ENVIRONMENT AND FOR PARENTAL INVOLVEMENT. THE PRESCHOOL SERVES FAMILIES FROM GRANT PARK AND SURROUNDING AREAS, AND OFFERS TRADITIONAL PRESCHOOL, EXTENDED DAY, AND SUMMER CAMPS TO 125 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Vangroningen President | Officer | 2 | $0 |
Anna Callaway President Elect | Officer | 2 | $0 |
Hemant Butti Treasurer | Officer | 2 | $0 |
Gentry Mander Secretary | Officer | 2 | $0 |
Candace Dupree Executive Director | Trustee | 40 | $62,724 |
Belinda Parra Educator Representative | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,794 |
| Related organizations | $0 |
| Government grants | $271,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $639 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,984 |
| Total Program Service Revenue | $1,173,346 |
| Investment income | $23,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,095 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,504,697 |
| 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 | $3,385 |
| Compensation of current officers, directors, key employees. | $70,341 |
| Compensation of current officers, directors, key employees. | $21,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $755,464 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,841 |
| Payroll taxes | $65,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,518 |
| Advertising and promotion | $0 |
| Office expenses | $24,675 |
| Information technology | $10,554 |
| Royalties | $0 |
| Occupancy | $105,759 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,475 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,551 |
| Insurance | $18,206 |
| All other expenses | $0 |
| Total functional expenses | $1,204,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,737 |
| Savings and temporary cash investments | $533,181 |
| 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 | $206,289 |
| Investments—publicly traded securities | $113,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,156,769 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $132,995 |
| Total liabilities | $132,995 |
| 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 | $1,023,774 |
| Total liabilities and net assets/fund balances | $1,156,769 |