St Davids Nursery School FY2023 filing

Tax-deductible

Devon, PA501(c)(3)EIN 23-2000745Revenue $2.0M in FY2023

On file with the IRSstdavidsnurseryschool.com816 S Valley Forge Rd, 19333-1825 · Devon, PATax-exempt since Nov 1976School — 170(b)(1)(A)(ii)

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The education of pre-School children

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$155K 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $80K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$155K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$512K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
-12% vs prior year
Spent
$1.9M
To programs
84%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$2.0M
FY2023▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$2.3M
FY2023$2.0M
FY2024$1.9M
FY2025$1.8M
Expenses
$1.9M
FY2023▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.6M
FY2022$1.7M
FY2023$1.9M
FY2024$1.8M
FY2025$2.0M
Net assets
$1.4M
FY2023▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$626K
FY2021$695K
FY2022$1.3M
FY2023$1.4M
FY2024$1.5M
FY2025$1.3M

From the FY2023 Form 990 (year ending June 2023) · 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: FY2025. IRS ruling in Nov 1976.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.6M Management & general 16% · $308K

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

8 people listed on the 990; $155K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/SC
$155,477Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Joanne B Lorine$160,717$158,512$155,477$150,371$133,049$135,652

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 educational programs for young children.

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Provided by the organization

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1 program · $1.6M · in their own filed words · FY2022
01

Nursery school, day care, and summer camp services provided for approximately 200 children.

$1.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $116K · 2022–2024
Unitemized GrantFY2024$38,922
Unitemized GrantFY2023$30,366
Unitemized GrantFY2022$46,628

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$138K
Investment incomeLn 3$23K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.6M
Managementcol C$308K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.9M
LiabilitiesLn 26$512K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$138K
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$23K
Other incomeLn 4–11$21K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$168K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.3M
Land, buildings, equipmentLn 10c$307K
Other assetsLn 15$341K
Total assetsLn 16$1.9M
LiabilitiesLn 26$512K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 528
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.1M$1.3M
Land, buildings, equipmentLn 10c$400K$307K
Total assetsLn 16$1.6M$1.9M
LiabilitiesLn 26$230K$512K
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$47K$47K
Pay of current officers, directors and key staffLn 5$164K$164K
Other salaries and wagesLn 7$1.1M$1.1M$53K
Other employee benefitsLn 9$113K$95K$19K
Payroll taxesLn 10$91K$75K$15K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$9K$9K
OccupancyLn 16$91K$75K$15K
Depreciation, depletion and amortizationLn 22$93K$78K$16K
InsuranceLn 23$35K$29K$6K
Other expenses (24a–d)Ln 24$117K$106K$11K
All other expensesLn 24e$21K$18K$4K
Total functional expensesLn 25$1.9M$1.6M$308K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$2.0M−$166K$1.3M 990 PDF
FY2024 $1.9M$1.8M$39K$1.5M 990 PDF
FY2023 Viewing $2.0M$1.9M$90K$1.4M 990 PDF
FY2022 $2.3M$1.7M$638K$1.3M 990 PDF
FY2021 $1.6M$1.6M$69K$695K 990 PDF
FY2020 $1.5M$1.7M−$188K$626K 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 FY2023 990 (6 parts)
Part I · Summary $2,013,706 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $537,413$138,076
I-9 Program service revenuePrior year $1,743,101$1,832,116
I-10 Investment incomePrior year $1,014$22,634
I-11 Other revenuePrior year $17,934$20,880
I-12 Total revenuePrior year $2,299,462$2,013,706
I-13 Grants and similar amounts paidPrior year $22,977$46,628
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,282,018$1,504,876
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $356,053$372,403
I-18 Total expensesPrior year $1,661,048$1,923,907
I-19 Revenue less expensesPrior year $638,414$89,799
Part VI · Governance 7 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
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-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,013,706 across 6 lines filed
VIII-1f All other contributions, gifts and grants$138,076
VIII-1h Total contributions, gifts and grants$138,076
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,832,116$1,832,116
VIII-3 Investment incomeExcluded from tax $22,634$22,634
VIII-8 Net income from fundraising eventsExcluded from tax $20,880$20,880
VIII-12 Total revenueRelated to mission $1,832,116 · Excluded from tax $43,514$2,013,706
Part IX · Statement of functional expenses $1,923,907 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $46,628$46,628
IX-5 Pay of current officers, directors and key staffManagement $163,795$163,795
IX-7 Other salaries and wagesPrograms $1,083,627 · Management $53,460$1,137,087
IX-9 Other employee benefitsPrograms $94,526 · Management $18,952$113,478
IX-10 Payroll taxesPrograms $75,399 · Management $15,117$90,516
IX-11c Accounting feesManagement $5,900$5,900
IX-11g Other fees for servicesPrograms $9,221$9,221
IX-16 OccupancyPrograms $75,479 · Management $15,133$90,612
IX-22 Depreciation, depletion and amortizationPrograms $77,678 · Management $15,574$93,252
IX-23 InsurancePrograms $29,362 · Management $5,887$35,249
IX-24 Other expenses (24a–d)Programs $106,374 · Management $10,719$117,093
IX-24e All other expensesPrograms $17,501 · Management $3,575$21,076
IX-25 Total functional expensesPrograms $1,615,795 · Management $308,112 · Fundraising $0$1,923,907
Part X · Balance sheet $1,935,273 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $167,996$168,479
X-2 Savings and temporary cash investmentsStart of year $980,123$1,104,577
X-4 Accounts receivableStart of year $14,924$14,109
X-10c Land, buildings and equipment, netStart of year $400,238$306,985
X-15 Other assets$341,123
X-16 Total assetsStart of year $1,563,281$1,935,273
X-17 Accounts payable and accrued expensesStart of year $100,142$107,942
X-19 Deferred revenueStart of year $129,427$59,022
X-25 Other liabilities$344,798
X-26 Total liabilitiesStart of year $229,569$511,762
X-27 Net assets without donor restrictionsStart of year $1,237,688$1,324,120
X-28 Net assets with donor restrictionsStart of year $96,024$99,391
X-32 Total net assets or fund balancesStart of year $1,333,712$1,423,511
X-33 Total liabilities and net assetsStart of year $1,563,281$1,935,273
Part XI · Reconciliation of net assets $1,423,511 net assets at year end
XI-1 Total revenue$2,013,706
XI-2 Total expenses$1,923,907
XI-3 Revenue less expenses$89,799
XI-4 Net assets at start of year$1,333,712
XI-10 Net assets at end of year$1,423,511

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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