Winding Brook School FY2022 filing

Tax-deductible

Tinton Falls, NJ501(c)(3)EIN 22-2125826Revenue $1.2M in FY2022

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.
75¢ of each $1 spent went to programs.
$264K 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

FY2022 · 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
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$264K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$228K
41% of total assets
Looks good: liabilities are 41% 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
+5% vs prior year
Spent
$1.1M
To programs
75%
Net assets
$331K
By yearFY2020–FY2024
Revenue
$1.2M
FY2022▲ +5%
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
$1.1M
FY2022▲ +15%
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
$331K
FY2022▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$134K
FY2021$279K
FY2022$331K
FY2023$344K
FY2024$301K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

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

75 cents of each dollar spent went to programs.

Program services 75% · $855K Management & general 25% · $288K

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; $264K paid to officers and key staff.

Part VII, Section A · reportable compensation
Managing Dir
$264,000Pt 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 · $855K · in their own filed words · FY2022
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 31 individuals during 2022. The teaching staff numbered approximately 18 for 2022 and the school enrollment during 2022 was approximately 104 children.

$855Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.1M
Gifts and grantsLn 1h$97K
Other incomeLn 4–11$3K
Money outPt IX
$1.1M
Ln 25
Programscol B$855K
Managementcol C$288K
Owns and owesPt X
$331K
net assets · Ln 32
Cash and savingsLn 1–2$131K
Total assetsLn 16$559K
LiabilitiesLn 26$228K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$97K
Government grantsLn 1e$97K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$86
Other incomeLn 4–11$3K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$68
SavingsLn 2$131K
Cash and savings togetherLn 1–2$131K
Land, buildings, equipmentLn 10c$422K
Other assetsLn 15$6K
Total assetsLn 16$559K
LiabilitiesLn 26$228K
Net assetsLn 32$331K
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 FY22End FY22
Cash and savingsLn 1–2$99K$131K
Land, buildings, equipmentLn 10c$434K$422K
Total assetsLn 16$537K$559K
LiabilitiesLn 26$258K$228K
Net assetsLn 32$279K$331K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$304$304
Pay of current officers, directors and key staffLn 5$264K$264K
Other salaries and wagesLn 7$525K$525K
Other employee benefitsLn 9$2K$2K$100
Payroll taxesLn 10$53K$40K$13K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$13K$13K
OccupancyLn 16$57K$51K$6K
Depreciation, depletion and amortizationLn 22$38K$38K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$157K$157K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$1.1M$855K$288K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.3M−$43K$301K 990 PDF
FY2023 $1.2M$1.2M$13K$344K 990 PDF
FY2022 Viewing $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 FY2022 990 (6 parts)
Part I · Summary $1,194,886 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $120,757$97,232
I-9 Program service revenuePrior year $1,012,503$1,094,395
I-10 Investment incomePrior year $21$86
I-11 Other revenuePrior year $2,931$3,173
I-12 Total revenuePrior year $1,136,212$1,194,886
I-13 Grants and similar amounts paidPrior year $104$304
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $743,338$843,685
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $247,824$298,895
I-18 Total expensesPrior year $991,266$1,142,884
I-19 Revenue less expensesPrior year $144,946$52,002
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 $1,194,886 across 6 lines filed
VIII-1e Government grants$97,232
VIII-1h Total contributions, gifts and grants$97,232
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,094,395$1,094,395
VIII-3 Investment incomeExcluded from tax $86$86
VIII-8 Net income from fundraising events$3,173
VIII-12 Total revenueRelated to mission $1,094,395 · Excluded from tax $86$1,194,886
Part IX · Statement of functional expenses $1,142,884 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $304$304
IX-5 Pay of current officers, directors and key staffManagement $264,000$264,000
IX-7 Other salaries and wagesPrograms $524,529$524,529
IX-9 Other employee benefitsPrograms $2,395 · Management $100$2,495
IX-10 Payroll taxesPrograms $39,679 · Management $12,982$52,661
IX-11c Accounting feesManagement $4,750$4,750
IX-12 Advertising and promotionPrograms $1,226$1,226
IX-13 Office expensesPrograms $13,115$13,115
IX-16 OccupancyPrograms $51,322 · Management $5,703$57,025
IX-22 Depreciation, depletion and amortizationPrograms $38,188$38,188
IX-23 InsurancePrograms $26,734$26,734
IX-24 Other expenses (24a–d)Programs $156,671$156,671
IX-24e All other expensesPrograms $1,186$1,186
IX-25 Total functional expensesPrograms $855,349 · Management $287,535 · Fundraising $0$1,142,884
Part X · Balance sheet $558,645 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $70$68
X-2 Savings and temporary cash investmentsStart of year $99,249$131,118
X-10c Land, buildings and equipment, netStart of year $434,207$421,643
X-15 Other assetsStart of year $3,528$5,816
X-16 Total assetsStart of year $537,054$558,645
X-25 Other liabilitiesStart of year $16,395$19,345
X-26 Total liabilitiesStart of year $258,307$227,896
X-32 Total net assets or fund balancesStart of year $278,747$330,749
X-33 Total liabilities and net assetsStart of year $537,054$558,645
Part XI · Reconciliation of net assets $330,749 net assets at year end
XI-1 Total revenue$1,194,886
XI-2 Total expenses$1,142,884
XI-3 Revenue less expenses$52,002
XI-4 Net assets at start of year$278,747
XI-10 Net assets at end of year$330,749

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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