Treehouse Childrens School INC

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Preschool child development

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 03-0227152) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Run by 6 volunteers and 59 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $51K a year · 4% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
75% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$91K
to officers and key staff · 8% of spending
Pay to officers and key staff is 8% of spending.
Part VII, Section A
5.0 mo
of spending, in cash
5.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$61K
7% of total assets
Liabilities are 7% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.2M
+4% vs prior year
Spent
$1.2M
To programs
75%
Net assets
$756K
By yearFY2020–FY2025
Revenue
$1.2M
FY2025▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$816K
FY2021$1.2M
FY2022$1.3M
FY2023$1.2M
FY2024$1.2M
FY2025$1.2M
Expenses
$1.2M
FY2025▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$769K
FY2021$1.1M
FY2022$1.1M
FY2023$1.2M
FY2024$1.2M
FY2025$1.2M
Net assets
$756K
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$497K
FY2021$614K
FY2022$802K
FY2023$746K
FY2024$706K
FY2025$756K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $875K Management & general 25% · $296K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $91K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$90,811Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Lisa Sjostrom$90,811$82,941$95,090$89,139$87,866

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Treehouse Childrens School INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Treehouse Childrens School INC is a nonprofit based in Norwich, VT.

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1 program · $875K · in their own filed words · FY2024
01

For more than 50 years, Treehouse children's School (formerly child care center in norwich), has provided quality early childhood education for the families of the upper valley. TCS has a reputation for its skillful teachers, creative learning environment, and commitment to community.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 03-0227152) · Dispute this line
$875Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$30K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.1M
Gifts and grantsLn 1h$138K
Investment incomeLn 3$12K
Money outPt IX
$1.2M
Ln 25
Programscol B$875K
Managementcol C$296K
Owns and owesPt X
$756K
net assets · Ln 32
Cash and savingsLn 1–2$489K
Total assetsLn 16$817K
LiabilitiesLn 26$61K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$138K
Government grantsLn 1e$62K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$12K
Other incomeLn 4–11$5K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$195K
SavingsLn 2$295K
Cash and savings togetherLn 1–2$489K
Accounts receivableLn 4$2K
Inventories for sale or useLn 8$7K
Prepaid expenses and deferred chargesLn 9$9K
Land, buildings, equipmentLn 10c$311K
Total assetsLn 16$817K
LiabilitiesLn 26$61K
Net assetsLn 32$756K
OperationsPt I, VI
EmployeesI 559
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$480K$489K
Land, buildings, equipmentLn 10c$245K$311K
Total assetsLn 16$744K$817K
LiabilitiesLn 26$39K$61K
Net assetsLn 32$706K$756K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$100K$78K$21K
Other salaries and wagesLn 7$617K$486K$131K
Other employee benefitsLn 9$103K$81K$22K
Payroll taxesLn 10$62K$49K$13K
Accounting feesLn 11c$29K$29K
Office expensesLn 13$9K$9K
OccupancyLn 16$112K$57K$55K
Depreciation, depletion and amortizationLn 22$27K$27K
InsuranceLn 23$20K$16K$4K
Other expenses (24a–d)Ln 24$81K$73K$8K
All other expensesLn 24e$12K$9K$3K
Total functional expensesLn 25$1.2M$875K$296K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Apr 9, 2026 $1.2M$1.2M$51K$756K 990 PDF
FY2024Filed with the IRS May 15, 2025 $1.2M$1.2M−$40K$706K 990 PDF
FY2023Filed with the IRS May 10, 2024 $1.2M$1.2M−$56K$746K 990 PDF
FY2022Filed with the IRS Feb 8, 2023 $1.3M$1.1M$188K$802K 990 PDF
FY2021Filed with the IRS May 16, 2022 $1.2M$1.1M$116K$614K 990 PDF
FY2020Filed with the IRS Mar 9, 2021 $816K$769K$47K$497K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $1,221,296 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $209,325$138,244
I-9 Program service revenuePrior year $939,157$1,065,176
I-10 Investment incomePrior year $8,860$12,406
I-11 Other revenuePrior year $21,059$5,470
I-12 Total revenuePrior year $1,178,401$1,221,296
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $927,028$881,303
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $291,317$289,483
I-18 Total expensesPrior year $1,218,345$1,170,786
I-19 Revenue less expensesPrior year −$39,944$50,510
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,221,296 across 7 lines filed
Lines not itemized here account for $237 of total revenue; see the IRS return.
VIII-1e Government grants$62,343
VIII-1f All other contributions, gifts and grants$75,901
VIII-1h Total contributions, gifts and grants$138,244
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,065,176$1,065,176
VIII-3 Investment incomeExcluded from tax $12,406$12,406
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $5,233$5,233
VIII-12 Total revenueRelated to mission $1,065,413 · Unrelated business $0 · Excluded from tax $17,639$1,221,296
Part IX · Statement of functional expenses $1,170,786 across 11 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $78,470 · Management $21,218$99,688
IX-7 Other salaries and wagesPrograms $485,678 · Management $131,325$617,003
IX-9 Other employee benefitsPrograms $80,871 · Management $21,867$102,738
IX-10 Payroll taxesPrograms $48,704 · Management $13,170$61,874
IX-11c Accounting feesManagement $28,847$28,847
IX-13 Office expensesManagement $8,852$8,852
IX-16 OccupancyPrograms $57,386 · Management $54,813$112,199
IX-22 Depreciation, depletion and amortizationPrograms $26,734$26,734
IX-23 InsurancePrograms $15,610 · Management $4,221$19,831
IX-24 Other expenses (24a–d)Programs $72,792 · Management $8,349$81,141
IX-24e All other expensesPrograms $9,018 · Management $2,861$11,879
IX-25 Total functional expensesPrograms $875,263 · Management $295,523 · Fundraising $0$1,170,786
Part X · Balance sheet $817,169 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $246,590$194,685
X-2 Savings and temporary cash investmentsStart of year $233,025$294,537
X-4 Accounts receivableStart of year $11,309$1,640
X-8 Inventories for sale or use$6,588
X-9 Prepaid expenses and deferred chargesStart of year $8,770$9,037
X-10c Land, buildings and equipment, netStart of year $244,775$310,682
X-16 Total assetsStart of year $744,469$817,169
X-17 Accounts payable and accrued expensesStart of year $38,689$60,879
X-26 Total liabilitiesStart of year $38,689$60,879
X-27 Net assets without donor restrictionsStart of year $705,780$741,290
X-28 Net assets with donor restrictions$15,000
X-32 Total net assets or fund balancesStart of year $705,780$756,290
X-33 Total liabilities and net assetsStart of year $744,469$817,169
Part XI · Reconciliation of net assets $756,290 net assets at year end
XI-1 Total revenue$1,221,296
XI-2 Total expenses$1,170,786
XI-3 Revenue less expenses$50,510
XI-4 Net assets at start of year$705,780
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$756,290

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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