Creative Discoveries Preschool is located in Salem, OR. The organization was established in 1980. 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. Creative Discoveries Preschool 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, Creative Discoveries Preschool generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $40.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COOPERATIVE PRESCHOOL FOR 3 AND 4 YEAR OLDS 5 DAYS PER WEEK. APPROXIMATELY 60 CHILDREN PARTICIPATE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chaz Matteson Treasurer | 2 | $0 | |
Camile Carriere President | 2 | $0 | |
Joanne Richardson Vice President | 2 | $0 | |
Lori Newton Secretary | 2 | $0 | |
Kathryn Chaffin Teacher | 35 | $27,846 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,312 |
| Total Program Service Revenue | $27,147 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,544 |
| Other Revenue | $88 |
| Total Revenue | $36,134 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,252 |
| Professional fees and other payments to independent contractors | $1,590 |
| Occupancy, rent, utilities, and maintenance | $1,390 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,395 |
| Total expenses | $40,627 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,204 |
| Other assets | $0 |
| Total assets | $32,276 |
| Total liabilities | $9,310 |
| Net assets or fund balances | $22,966 |