Winding Brook School

Tax-deductible

Tinton Falls, NJ501(c)(3)EIN 22-2125826Revenue $1.2M in FY2024

On file with the IRSwindingbrookschool.com1044 Sycamore Ave, 07724-3151 · Tinton Falls, NJTax-exempt since Dec 1983School — 170(b)(1)(A)(ii)

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Child care and educational programs for toddlers, nursery and kindergarten age children from the surrounding communities. Children ages 2 through 6.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$374K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $24K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$374K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$151K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+2% vs prior year
Spent
$1.3M
To programs
69%
Net assets
$301K
By yearFY2020–FY2024
Revenue
$1.2M
FY2024▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$735K
FY2021$1.1M
FY2022$1.2M
FY2023$1.2M
FY2024$1.2M
Expenses
$1.3M
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$784K
FY2021$991K
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
Net assets
$301K
FY2024▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2020$134K
FY2021$279K
FY2022$331K
FY2023$344K
FY2024$301K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1983.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $884K Management & general 31% · $401K

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

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Who runs it and what they're paid

1 person listed on the 990; $374K paid to officers and key staff.

Part VII, Section A · reportable compensation
Managing Dir
$374,000Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Lori Learn$374,000$339,000$264,000$237,400$190,628

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.

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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

Provides childcare and education for local children aged two to six.

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Provided by the organization

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1 program · $884K · in their own filed words · FY2024
01

Child care and educational programs for toddlers, nursery and kindergarten age children from the surrounding communities. Children ages 2 through 6. The school employed 32 individuals during 2024. The teaching staff numbered approximately 17 for 2024 and the school enrollment during 2024 was approximately 103 children.

$884Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$1K
Investment incomeLn 3$454
Money outPt IX
$1.3M
Ln 25
Programscol B$884K
Managementcol C$401K
Owns and owesPt X
$301K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$451K
LiabilitiesLn 26$151K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$454
Other incomeLn 4–11$1K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$16K
Cash and savings togetherLn 1–2$25K
Land, buildings, equipmentLn 10c$416K
Other assetsLn 15$10K
Total assetsLn 16$451K
LiabilitiesLn 26$151K
Net assetsLn 32$301K
OperationsPt I, VI
EmployeesI 534
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$117K$25K
Land, buildings, equipmentLn 10c$405K$416K
Total assetsLn 16$528K$451K
LiabilitiesLn 26$185K$151K
Net assetsLn 32$344K$301K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100$100
Pay of current officers, directors and key staffLn 5$374K$374K
Other salaries and wagesLn 7$551K$551K
Other employee benefitsLn 9$2K$2K$97
Payroll taxesLn 10$59K$43K$16K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$450$450
Office expensesLn 13$13K$13K
OccupancyLn 16$51K$46K$5K
Depreciation, depletion and amortizationLn 22$63K$63K
InsuranceLn 23$31K$31K
Other expenses (24a–d)Ln 24$133K$133K
All other expensesLn 24e$500$500
Total functional expensesLn 25$1.3M$884K$401K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.2M$1.3M−$43K$301K 990 PDF
FY2023 $1.2M$1.2M$13K$344K 990 PDF
FY2022 $1.2M$1.1M$52K$331K 990 PDF
FY2021 $1.1M$991K$145K$279K 990 PDF
FY2020 $735K$784K−$48K$134K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,242,396 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $115,000$0
I-9 Program service revenuePrior year $1,104,155$1,240,749
I-10 Investment incomePrior year $1,358$454
I-11 Other revenuePrior year $1,772$1,193
I-12 Total revenuePrior year $1,222,285$1,242,396
I-13 Grants and similar amounts paidPrior year $152$100
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $957,721$985,996
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $251,548$299,080
I-18 Total expensesPrior year $1,209,421$1,285,176
I-19 Revenue less expensesPrior year $12,864−$42,780
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,242,396 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,240,749$1,240,749
VIII-3 Investment incomeExcluded from tax $454$454
VIII-8 Net income from fundraising events$1,193
VIII-12 Total revenueRelated to mission $1,240,749 · Excluded from tax $454$1,242,396
Part IX · Statement of functional expenses $1,285,176 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $100$100
IX-5 Pay of current officers, directors and key staffManagement $374,000$374,000
IX-7 Other salaries and wagesPrograms $550,825$550,825
IX-9 Other employee benefitsPrograms $2,334 · Management $97$2,431
IX-10 Payroll taxesPrograms $42,821 · Management $15,919$58,740
IX-11c Accounting feesManagement $6,300$6,300
IX-12 Advertising and promotionPrograms $450$450
IX-13 Office expensesPrograms $13,336$13,336
IX-16 OccupancyPrograms $45,916 · Management $5,102$51,018
IX-22 Depreciation, depletion and amortizationPrograms $62,702$62,702
IX-23 InsurancePrograms $31,288$31,288
IX-24 Other expenses (24a–d)Programs $133,486$133,486
IX-24e All other expensesPrograms $500$500
IX-25 Total functional expensesPrograms $883,758 · Management $401,418 · Fundraising $0$1,285,176
Part X · Balance sheet $451,341 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $67$9,397
X-2 Savings and temporary cash investmentsStart of year $116,562$15,908
X-10c Land, buildings and equipment, netStart of year $405,219$415,903
X-15 Other assetsStart of year $6,491$10,133
X-16 Total assetsStart of year $528,339$451,341
X-25 Other liabilitiesStart of year $11,622$15,694
X-26 Total liabilitiesStart of year $184,726$150,508
X-32 Total net assets or fund balancesStart of year $343,613$300,833
X-33 Total liabilities and net assetsStart of year $528,339$451,341
Part XI · Reconciliation of net assets $300,833 net assets at year end
XI-1 Total revenue$1,242,396
XI-2 Total expenses$1,285,176
XI-3 Revenue less expenses−$42,780
XI-4 Net assets at start of year$343,613
XI-10 Net assets at end of year$300,833

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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