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Nonprofiteer
← PRINCETON NURSERY SCHOOL INC

Form 990 for tax year 2024

Filed by PRINCETON NURSERY SCHOOL INC.

Totals

Total revenue
$1,375,873
Total expenses
$1,127,972
Contributions and grants received
$843,484
Grants paid
$22,288
Program service revenue
$494,939
Investment income
$27,019
Other revenue
$10,431
Total assets, end of year
$1,638,171
Total liabilities, end of year
$109,782
Net assets or fund balances, end of year
$1,528,389
Program services expenses (Part IX)
$793,822
Management and general expenses
$166,277
Fundraising expenses
$167,873
Program service expenses (Part III)
$793,822

Program services were 70.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $253,707

  • 1e · Government grants (contributions)

    $280,994

  • 1f · All other contributions, gifts and grants

    $308,783

  • 1g · Noncash contributions included above

    $22,248

  • 2a · Program service revenue: TUITION AND FEES

    total $494,939 · related or exempt $494,939

  • 3 · Investment income

    total $24,440 · excluded $24,440

  • 7a · Gross sales of assets other than inventory

    securities $2,579

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $2,579

  • 7d · Net gain or loss

    total $2,579 · excluded $2,579

  • 8a · Fundraising events: gross income

    $33,965

  • 8a · Fundraising events: contributions included on line 1c

    $253,707

  • 8b · Fundraising events: direct expenses

    $25,165

  • 8c · Net income from fundraising events

    total $8,800 · excluded $8,800

  • 11a · Other revenue: OTHER INCOME

    total $1,631 · excluded $1,631

  • 11e · Other revenue, total

    $1,631

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $22,288 · program services $22,288

  • 5 · Compensation of officers, directors and key employees

    total $126,090 · program services $37,838 · management and general $37,838 · fundraising $50,414

  • 7 · Other salaries and wages

    total $513,398 · program services $405,320 · management and general $65,313 · fundraising $42,765

  • 8 · Pension plan contributions

    total $6,393 · program services $6,280 · management and general $113

  • 9 · Other employee benefits

    total $74,871 · program services $59,003 · management and general $7,468 · fundraising $8,400

  • 10 · Payroll taxes

    total $59,384 · program services $43,354 · management and general $7,544 · fundraising $8,486

  • 11c · Fees: accounting

    total $25,560 · management and general $25,560

  • 11e · Fees: professional fundraising services

    total $21,528 · fundraising $21,528

  • 11f · Fees: investment management

    total $2,646 · management and general $2,646

  • 11g · Fees: other

    total $18,524 · program services $18,133 · management and general $184 · fundraising $207

  • 12 · Advertising and promotion

    total $6,765 · program services $4,939 · management and general $859 · fundraising $967

  • 13 · Office expenses

    total $16,546 · program services $11,990 · management and general $2,144 · fundraising $2,412

  • 16 · Occupancy

    total $20,510 · program services $14,974 · management and general $2,605 · fundraising $2,931

  • 17 · Travel

    total $9,601 · program services $7,009 · management and general $1,220 · fundraising $1,372

  • 22 · Depreciation, depletion and amortization

    total $30,079 · program services $23,609 · management and general $3,045 · fundraising $3,425

  • 23 · Insurance

    total $14,913 · program services $6,048 · management and general $4,172 · fundraising $4,693

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $40,610 · program services $29,648 · management and general $5,159 · fundraising $5,803

  • 24b · Other expenses: FOOD AND KITCHEN SUPPLI

    total $40,200 · program services $40,200

  • 24c · Other expenses: CONTRIBUTED GOODS

    total $21,248 · program services $21,248

  • 24d · Other expenses: CLASS TRIPS AND ACTIVIT

    total $18,444 · program services $18,444

  • 24e · All other expenses

    total $38,374 · program services $23,497 · management and general $407 · fundraising $14,470

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $120,969 · end of year $62,869

  • 2 · Savings and temporary cash investments

    beginning of year $502,155 · end of year $690,605

  • 3 · Pledges and grants receivable

    beginning of year $17,055 · end of year $61,891

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,228 · end of year $12,805

  • 10a · Land, buildings and equipment: cost or other basis

    $709,617

  • 10b · Land, buildings and equipment: accumulated depreciation

    $329,416

  • 10c · Land, buildings and equipment, net

    beginning of year $239,210 · end of year $380,201

  • 12 · Investments: other securities

    beginning of year $365,684 · end of year $429,800

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,345 · end of year $48,007

  • 19 · Deferred revenue

    end of year $6,775

  • 25 · Other liabilities

    beginning of year $0 · end of year $55,000

  • 27 · Net assets without donor restrictions

    beginning of year $1,196,846 · end of year $1,501,127

  • 28 · Net assets with donor restrictions

    beginning of year $32,110 · end of year $27,262

Mission and programs · 2024

Mission

Princeton Nursey School's mision is to provide quality childcare and preschool services to children 2.5 to 5 years old from working families with low to moderate incomes. For more than 90 years PNS has provided children with a positive learning environment that services to address all of their developmental needs and to provide a solid foundation to begin a life-long love of learning.

Activities or mission (Part I)

Princeton Nursery School's mission is to provide quality childcare and preschool services to children 2.5 to 5 years old from working families with low to moderate incomes. For more than 90 years PNS has provided children with a positive learning environment that serves to address all of their developmental needs and to provide a solid foundation to begin a life-long love of learning.

  • To provide quality child care and preschool education with related support services including meals (breakfast, lunch, & snack), health & wellness programs including physical fitness, nutrition & oral hygiene to children, between the ages of 2.5 years and 5 years, in a diverse setting that is affordable through scholarships and assistance to all.

    Expenses $793,822 · Grants $22,288 · Revenue $494,939

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Janine Soroken

    CHAIR

    Total calculated
    $0
    Hours/week
    15
  • Elizabeth Wagner

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Whitney Ridings

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Michael Roe

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Emily Firmenich

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Anne Russell

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Kathleen Mandzij

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Beth Marks

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Lindsay Bracken

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Sarah McCue Callaghan

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Erin Sanchez

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Zolene Hill

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Alfred Dugan

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Amber Juchno

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Latonya Kilpatrick-Liverman

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Benjamin Newton

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Anupa Wijaya

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Margot Wilkinson

    MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Kemilola L Jahnke

    EXECUTIVE DIRECTOR

    Total calculated
    $135,134
    From this org
    $106,938
    From related orgs
    $0
    Other
    $28,196
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
5 May 2026
IRS schema version
2024v5.5
Source object
202601259349301470

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