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Nonprofiteer
← NURTURY INC

Form 990 for tax year 2024

Filed by NURTURY INC.

Totals

Total revenue
$30,649,486
Total expenses
$29,616,476
Contributions and grants received
$19,847,277
Grants paid
$0
Program service revenue
$10,686,604
Investment income
$68,185
Other revenue
$47,420
Total assets, end of year
$27,118,076
Total liabilities, end of year
$5,604,236
Net assets or fund balances, end of year
$21,513,840
Program services expenses (Part IX)
$26,818,271
Management and general expenses
$2,237,851
Fundraising expenses
$560,354
Program service expenses (Part III)
$26,818,271

Program services were 90.6% 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.

  • 1a · Federated campaigns

    $147,917

  • 1e · Government grants (contributions)

    $19,306,959

  • 1f · All other contributions, gifts and grants

    $392,401

  • 1g · Noncash contributions included above

    $1,185

  • 2a · Program service revenue: FEES FOR SERVICE

    total $10,686,604 · related or exempt $10,686,604

  • 3 · Investment income

    total $68,185 · excluded $68,185

  • 6a · Gross rents

    real property $47,420

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $47,420

  • 6d · Net rental income or loss

    total $47,420 · excluded $47,420

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $701,060 · management and general $701,060

  • 7 · Other salaries and wages

    total $7,698,250 · program services $6,888,987 · management and general $570,151 · fundraising $239,112

  • 9 · Other employee benefits

    total $1,086,771 · program services $870,550 · management and general $173,075 · fundraising $43,146

  • 10 · Payroll taxes

    total $668,013 · program services $546,100 · management and general $102,844 · fundraising $19,069

  • 11a · Fees: management

    total $179,898 · management and general $124,585 · fundraising $55,313

  • 11b · Fees: legal

    total $12,613 · management and general $12,613

  • 11c · Fees: accounting

    total $77,489 · management and general $77,489

  • 11d · Fees: lobbying

    total $33,000 · management and general $33,000

  • 11e · Fees: professional fundraising services

    total $39,250 · fundraising $39,250

  • 11g · Fees: other

    total $16,307,241 · program services $16,224,355 · management and general $82,851 · fundraising $35

  • 13 · Office expenses

    total $356,287 · program services $301,331 · management and general $30,298 · fundraising $24,658

  • 16 · Occupancy

    total $1,016,637 · program services $808,206 · management and general $187,771 · fundraising $20,660

  • 17 · Travel

    total $40,770 · program services $34,687 · management and general $5,686 · fundraising $397

  • 20 · Interest

    total $22,357 · management and general $22,357

  • 22 · Depreciation, depletion and amortization

    total $630,611 · program services $571,546 · management and general $30,033 · fundraising $29,032

  • 23 · Insurance

    total $36,951 · management and general $36,951

  • 24a · Other expenses: OTHER

    total $303,342 · program services $184,186 · management and general $45,976 · fundraising $73,180

  • 24b · Other expenses: FOOD

    total $243,796 · program services $239,335 · management and general $984 · fundraising $3,477

  • 24c · Other expenses: TRAINING

    total $85,738 · program services $84,959 · management and general $127 · fundraising $652

  • 24d · Other expenses: PROGRAM AND WORKFORCE D

    total $76,402 · program services $64,029 · fundraising $12,373

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,086,591 · end of year $2,188,590

  • 2 · Savings and temporary cash investments

    beginning of year $880,810 · end of year $4,433,333

  • 3 · Pledges and grants receivable

    beginning of year $49,750 · end of year $49,750

  • 4 · Accounts receivable

    beginning of year $2,759,677 · end of year $3,126,317

  • 9 · Prepaid expenses and deferred charges

    beginning of year $126,359 · end of year $153,672

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

    $18,858,762

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

    $7,757,682

  • 10c · Land, buildings and equipment, net

    beginning of year $13,359,477 · end of year $11,101,080

  • 11 · Investments: publicly traded securities

    beginning of year $709,384 · end of year $738,146

  • 15 · Other assets

    beginning of year $1,920,824 · end of year $5,327,188

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,755,390 · end of year $1,741,433

  • 19 · Deferred revenue

    beginning of year $342,820 · end of year $271,724

  • 23 · Secured mortgages and notes payable

    beginning of year $382,369 · end of year $287,048

  • 25 · Other liabilities

    beginning of year $1,959,090 · end of year $3,304,031

  • 27 · Net assets without donor restrictions

    beginning of year $17,604,776 · end of year $18,686,455

  • 28 · Net assets with donor restrictions

    beginning of year $2,848,427 · end of year $2,827,385

Mission and programs · 2024

Mission

NURTURY GIVES GREATER BOSTON'S YOUNGEST CHILDREN IN NEED, BIRTH TO AGE 5, THE OPPORTUNITY TO REACH THEIR FULL POTENTIAL BY INVESTING IN SCHOOL READINESS, PROMOTING HEALTHY DEVELOPMENT, AND STRENGTHENING FAMILIES.

Activities or mission (Part I)

SEE SCHEDULE O.

  • CENTERS - OPERATION OF CENTER-BASED EARLY CARE AND EDUCATION PROGRAMS FOR CHILDREN RANGING IN AGE FROM 1 MONTH TO 5 YEARS. THE EARLY CARE AND EDUCATION CENTERS ARE STRUCTURED AND OPERATED IN A WAY THAT MIRRORS TRADITIONAL CENTER-BASED CARE. EACH CENTER IS MANAGED BY A PROGRAM DIRECTOR AND ASSISTANT PROGRAM DIRECTOR. EARLY EDUCATION SPECIALISTS ASSIST TEACHING STAFF WITH IMPLEMENTING A CURRICULUM THAT ADDRESSES THE NEEDS OF EACH CHILD. THE FAMILY SERVICES DEPARTMENT IS MADE UP OF: SOCIAL WORKER (LISWC), CASE MANAGER, AND FAMILY ENGAGEMENT AND SERVES THE CENTERS PROGRAM.

    Expenses $4,610,486 · Revenue $10,686,604

  • FAMILY CHILD CARE - OPERATION OF FAMILY CHILD CARE PROGRAMS FOR CHILDREN WHOSE AGES RANGE FROM 3 MONTHS TO 13 YEARS. CARE IS PROVIDED THROUGH INDEPENDENT CONTRACTED IN-HOME FAMILY CHILD CARE PROVIDERS. NURTURY PROVIDES A NUMBER OF SUPPORT SERVICES TO FAMILY CHILD CARE PROVIDERS. THE FAMILY SERVICES DEPARTMENT IS MADE UP OF: SOCIAL WORKER (LISWC), CASE MANAGER, AND FAMILY ENGAGEMENT AND SERVES THE FAMILY CHILD CARE PROGRAM.

    Expenses $17,101,312

  • LEARNING LAB - THE LEARNING LAB AT BROMLEY-HEATH IS AN INNOVATIVE EARLY CARE AND EDUCATION CENTER FOR CHILDREN WHOSE AGES RANGE FROM 1 MONTH TO 5 YEARS. IN ADDITION TO THE SERVICES OF TRADITIONAL CENTERS, THE LEARNING LAB ALSO HAS AN EXPANDED FAMILY ENGAGEMENT COMPONENT TO ITS PROGRAMMING. THE FAMILY SERVICES DEPARTMENT IS MADE UP OF: SOCIAL WORKER (LISWC), CASE MANAGER, AND FAMILY ENGAGEMENT AND SERVES THE LEARNING LAB PROGRAM.

    Expenses $3,376,219

  • NUTRITION PROGRAM - BREAKFAST, LUNCH AND AFTERNOON SNACK ARE SERVED FAMILY-STYLE DAILY TO THE 1,000 PLUS CHILDREN WHO ARE ENROLLED IN NURTURY'S PROGRAMS. NURTURY'S REGISTERED DIETITIAN PLANS THE MEALS AT THE FOUR CENTERS, AND MONITORS THE FAMILY CHILD CARE FOOD PROGRAM FOR QUALITY.

    Expenses $1,730,254

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

Listed in Part VII

  • Mela Lew

    CHAIR (UNTIL 6/2025)

    Total calculated
    $0
    Hours/week
    1
  • Michael C Hill

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Donald Troy

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kathy McHugh

    BOARD CLERK

    Total calculated
    $0
    Hours/week
    1
  • Nancy Riley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lisa Krakoff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Margaret Sprague

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jeffrey Freedman

    BOARD MEMBER (UNTIL 6/2025)

    Total calculated
    $0
    Hours/week
    0.5
  • Bethany Serota

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Peter Daniolos

    BOARD MEMBER (UNTIL 6/2025)

    Total calculated
    $0
    Hours/week
    0.5
  • Ann Stanberry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Laura Perille

    PRESIDENT & CEO

    Total calculated
    $305,463
    From this org
    $288,215
    From related orgs
    $0
    Other
    $17,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,215
    Bonus
    $25,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,248
    Filer's total
    $305,463
  • Christopher Cesario

    VP, OPERATIONS & HR

    Total calculated
    $196,303
    From this org
    $187,573
    From related orgs
    $0
    Other
    $8,730
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,073
    Bonus
    $5,500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,730
    Filer's total
    $196,303
  • Lukanmi Olatubosun

    VP, FINANCE

    Total calculated
    $167,274
    From this org
    $150,026
    From related orgs
    $0
    Other
    $17,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,526
    Bonus
    $5,500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,248
    Filer's total
    $167,274
  • Mayra Rosado

    VP, BUSINESS DEV.

    Total calculated
    $135,850
    From this org
    $111,100
    From related orgs
    $0
    Other
    $24,750
    Hours/week
    40
  • Stephanie Johnson

    SENIOR DIR., EARLY LEARNING CENTERS

    Total calculated
    $116,020
    From this org
    $107,290
    From related orgs
    $0
    Other
    $8,730
    Hours/week
    40
  • Sarah Montoya

    SENIOR DIR., PROFESSIONAL DEV.

    Total calculated
    $112,131
    From this org
    $103,401
    From related orgs
    $0
    Other
    $8,730
    Hours/week
    40
  • Finda Leno

    PROGRAM DIRECTOR

    Total calculated
    $109,711
    From this org
    $100,327
    From related orgs
    $0
    Other
    $9,384
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE BONUS PAID TO THE PRESIDENT & CEO IS A FIXED PAYMENT. ALL OTHER BONUSES ARE DISCRETIONARY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 April 2026
IRS schema version
2024v5.5
Source object
202641119349300649

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