Central Branch School
- Assets
- $378.2k
- Revenue
- $428.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Seattle, WA
- Founding
- 07/1972
- Data as of
- 06/2023
- EIN
- 91-0882254
Organization Overview
Central Branch School is located in Seattle, WA. The organization was established in 1972. 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, Central Branch School employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Branch School 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, Central Branch School generated $428.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $482.2k during the year ending 06/2023. While expenses have increased by 5.2% 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
OUR MISSION AT CENTRAL BRANCH PRESCHOOL IS TO PROVIDE A PLAY-BASED PRESCHOOL EXPERIENCE TO DEVELOPE MEANINGFUL AND DEEP RELATIONSHIPS WITH SELF AND OTHERS, WITHIN A COMMUNITY WHERE CHILDREN OF ALL RACES, ETHNICITIES AND ECONOMIC LEVELS LEARN TOGETHER AND WHERE FAMILIES OF COLOR THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE A 501(C)(3) AND WE PROVIDE EARLY CHILDHOOD EDUCATION FOR CHILDREN AGES 2-5. CURRENT ENROLLMENT AS OF JUNE 30, 2023 IS 55.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Simmons Executive Dir. | Officer | 40 | $90,234 |
Tymmony Keegan Secretary | OfficerTrustee | 1 | $0 |
Talia Carter Director | Trustee | 1 | $0 |
Josh Woodburn Director | Trustee | 1 | $0 |
Dan Davis Treasurer | OfficerTrustee | 1 | $0 |
Feliza Guidero Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,215 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,338 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,553 |
| Total Program Service Revenue | $376,058 |
| Investment income | $2,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,694 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,364 |
| 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. | $90,234 |
| Compensation of current officers, directors, key employees. | $67,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $247,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,644 |
| Payroll taxes | $38,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $690 |
| Office expenses | $0 |
| Information technology | $1,212 |
| Royalties | $0 |
| Occupancy | $42,625 |
| 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 | $0 |
| Insurance | $5,416 |
| All other expenses | $7,708 |
| Total functional expenses | $482,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,191 |
| Savings and temporary cash investments | $223,334 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,665 |
| 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 | $378,190 |
| Accounts payable and accrued expenses | $2,426 |
| Grants payable | $0 |
| Deferred revenue | $46,071 |
| 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 | $48,497 |
| Net assets without donor restrictions | $329,693 |
| 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 | $378,190 |