These Precious Hands Child Development Center is located in Cincinnati, OH. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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. These Precious Hands Child Development Center 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 12/2022, These Precious Hands Child Development Center generated $318.9k in total revenue. All expenses for the organization totaled $260.3k during the year ending 12/2022. While expenses have increased by 75.2% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY CARE FOR CHILDREN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Watson Director | 40 | $0 | |
Lori A Watson Director | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $318,940 |
| Total Revenue | $318,940 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $108,160 |
| Other employee salaries and wages | $59,288 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,798 |
| Depreciation | $0 |
| Occupancy | $44,543 |
| Travel, conferences, and meetings | $2,252 |
| Printing and publications | $0 |
| Other expenses | $27,792 |
| Total operating and administrative expenses | $260,333 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $260,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,633 |
| Savings and temporary cash investments | $5 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $114,422 |
| Total assets | $178,060 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $107,567 |
| Total liabilities | $107,567 |