PRESCHOOL ADVANTAGE INC

As filed

Subsection

03

NTEE code

B82Z

Classification

1000

Street

25 LINDSLEY DR STE 307

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• PRESCHOOL ASSISTANCE: THE FIRST YEARS OF A CHILD'S LIFE ARE CRITICAL TO LAYING THE FOUNDATION FOR A LIFETIME LOVE OF LEARNING. EARLY CHILDHOOD EDUCATION SETS THE STAGE FOR FUTURE GROWTH AND PROPELS CHILDREN ONTO THEIR EDUCATIONAL PATHS. DESPITE THE UNDENIABLE IMPORTANCE OF A SOLID EDUCATIONAL START, MANY LOCAL CHILDREN HAVE NO MEANS TO ATTEND PRESCHOOL. PRESCHOOL ADVANTAGE SERVES THE POPULATION OF STRUGGLING FAMILIES WHO DO NOT QUALIFY FOR GOVERNMENT FUNDED PROGRAMS BECAUSE THEY EARN ABOVE THE POVERTY LEVEL, BUT ARE STILL EARNING BELOW THE LEVEL OF SUSTAINABILITY FOR OUR REGION. THESE FAMILIES SIMPLY CANNOT AFFORD THE COST OF A PRESCHOOL FOR THEIR CHILD THUS HINDERING THE CHILD'S SUCCESS AND OPPORTUNITIES LATER IN LIFE. THE LACK OF SOURCES OF ASSISTANCE FOR WORKING FAMILIES UNABLE TO SUPPORT THE COST OF PRESCHOOL LED TO THE FOUNDING OF PRESCHOOL ADVANTAGE IN MORRISTOWN IN 1995. TO DATE, WE HAVE FUNDED ALMOST 2,000 HALF-DAY PRESCHOOL TUITIONS FOR JUST UNDER $1,500 CHILDREN.

  Expenses $931,814 · Grants $701,111

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,051,915

  Expenses

  $1,183,944

  Contributions

  $955,843

  Grants paid

  $701,111

• 2023

  Revenue

  $1,066,984

  Expenses

  $982,208

  Contributions

  $1,003,726

  Grants paid

  $590,984

• 2022

  Revenue

  $947,215

  Expenses

  $955,602

  Contributions

  $927,418

  Grants paid

  $570,250

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $874,189

  Expenses

  $891,241

  Assets (EOY)

  $2,113,765

• 2020 · 990

  Revenue

  $854,854

  Expenses

  $549,320

  Assets (EOY)

  $2,072,540

• 2019 · 990

  Revenue

  $944,342

  Expenses

  $773,752

  Assets (EOY)

  $1,629,706

• 2018 · 990

  Revenue

  $934,710

  Expenses

  $647,574

  Assets (EOY)

  $1,326,085

• 2017 · 990

  Revenue

  $596,357

  Expenses

  $572,758

  Assets (EOY)

  $1,140,832

• 2016 · 990

  Revenue

  $451,185

  Expenses

  $480,400

  Assets (EOY)

  $1,047,537

• 2015 · 990

  Revenue

  $431,087

  Expenses

  $465,157

  Assets (EOY)

  $1,057,206

• 2014 · 990

  Revenue

  $426,521

  Expenses

  $437,036

  Assets (EOY)

  $1,127,207

• 2013 · 990

  Revenue

  $408,617

  Expenses

  $415,910

  Assets (EOY)

  $1,163,394

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $376,805

  Assets (EOY)

  $1,124,917

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• DONOR ADVISED CHARITABLE GIVING

  $79,150

  2024 · EDUCATION

• DONOR ADVISED CHARITABLE GIVING

  $75,500

  2022 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $54,750

  2024 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $54,750

  2023 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $33,350

  2023 · For grant recipient's exempt purposes

• COMMUNITY FOUNDATION OF NEW JERSEY

  $31,250

  2023 · UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE

• COMMUNITY FOUNDATION OF NEW JERSEY

  $27,750

  2024 · SECONDARY, PRIMARY, PRESCHOOLS

• COMMUNITY FOUNDATION OF NEW JERSEY

  $22,750

  2022 · UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $19,600

  2022 · For grant recipient's exempt purposes

• THE BLACKBAUD GIVING FUND

  $13,850

  2022 · GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files