Trinity Nursery School for Tots FY2021 filing

Tax-deductible

Berwyn, PA501(c)(3)EducationEIN 23-2228017Revenue $652K in FY2021

On file with the IRStrinitypreschoolofberwyn.com50 Main Ave, 19312-1654 · Berwyn, PATax-exempt since Feb 1984School — 170(b)(1)(A)(ii)

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Naeyc accredited & licensed by the state of pennsylvania as an independent, private, academic preschool for children ages 2 to 6 years old, with optional enrichment programs. Licensed as a child care center by the department of human services in 2020.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$105K 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

FY2021 · 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 5
filings with a surplus
Average surplus $72K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$105K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $244
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$474K
68% of total assets
Worth a look: liabilities are 68% of assets; over 65%.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$652K
Spent
$570K
To programs
73%
Net assets
$226K
By yearFY2021–FY2025
Revenue
$652K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$652K
FY2022$874K
FY2023$751K
FY2024$826K
FY2025$876K
Expenses
$570K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$570K
FY2022$678K
FY2023$799K
FY2024$752K
FY2025$818K
Net assets
$226K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$226K
FY2022$423K
FY2023$389K
FY2024$463K
FY2025$520K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1984.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $416K Management & general 27% · $154K

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

15 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
School Director
$54,906Pt VII · Sec A
School Administrator
$41,275Pt VII · Sec A
School Treasurer
$8,377Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Shearerie Welsh’s $62K as School Director is at the 54th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Shearerie Welsh$61,767$64,290$31,226——
Susan Alrutz———$60,740$54,906
Mary Cassidy$34,790$36,956$38,190$37,991$41,275
Carol Landi$9,547$10,276$9,497$4,455—
Ann Zipkin————$8,377

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

Educates young children ages 2-6 with optional enrichment programs.

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Provided by the organization

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1 program · $416K · in their own filed words · FY2020
01

Naeyc accredited and licensed by the state of pennsylvania as a private, academic school with enrollment of 147 in our preschool classes and "parents & toddlers" program. The school's curriculum includes introducing reading skills, poetry, language arts, math, arts & crafts, as well as weekly music and gym classes.

$416Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$244

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$652K
Ln 12
Fees for servicesLn 2g$414K
Gifts and grantsLn 1h$233K
Other incomeLn 4–11$2K
Money outPt IX
$570K
Ln 25
Programscol B$416K
Managementcol C$154K
Owns and owesPt X
$226K
net assets · Ln 32
Cash and savingsLn 1–2$439K
Total assetsLn 16$700K
LiabilitiesLn 26$474K
PeoplePt VI, VII
15
listed · VII A
PaidVII A3
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$233K
Government grantsLn 1e$182K
Noncash giftsLn 1g$24K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$414K
Investment incomeLn 3$2K
Other incomeLn 4–11$2K
Gains on assetsLn 7$0
Total revenueLn 12$652K
Assets in detailPt X, end of year
CashLn 1$163K
SavingsLn 2$276K
Cash and savings togetherLn 1–2$439K
Total assetsLn 16$700K
LiabilitiesLn 26$474K
Net assetsLn 32$226K
OperationsPt I, VI
EmployeesI 543
VolunteersI 650
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 FY21End FY21
Cash and savingsLn 1–2$183K$439K
Total assetsLn 16$463K$700K
LiabilitiesLn 26$319K$474K
Net assetsLn 32$144K$226K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K$4K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$112K$0$112K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$292K$292K$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$23K$16K$6K$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$675$0$675$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$704$0$704$0
Office expensesLn 13$13K$5K$8K
Information technologyLn 14$4K$0$4K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$57K$46K$11K$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$11K$0$11K$0
Other expenses (24a–d)Ln 24$53K$53K$0$0
All other expensesLn 24e$510$0$510$0
Total functional expensesLn 25$570K$416K$154K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $876K$818K$57K$520K 990 PDF
FY2024 $826K$752K$74K$463K 990 PDF
FY2023 $751K$799K−$48K$389K 990 PDF
FY2022 $874K$678K$197K$423K 990 PDF
FY2021 Viewing $652K$570K$82K$226K 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 FY2021 990 (6 parts)
Part I · Summary $652,417 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $19,956$233,238
I-9 Program service revenuePrior year $551,784$414,488
I-10 Investment incomePrior year $4,071$2,258
I-11 Other revenuePrior year −$2,531$2,433
I-12 Total revenuePrior year $573,280$652,417
I-13 Grants and similar amounts paidPrior year $7,430$3,622
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $438,656$426,694
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $166,780$139,793
I-18 Total expensesPrior year $612,866$570,109
I-19 Revenue less expensesPrior year −$39,586$82,308
Part VI · Governance 12 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
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 $652,417 across 15 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$181,616
VIII-1f All other contributions, gifts and grants$51,622
VIII-1g Noncash contributions (included above)$24,385
VIII-1h Total contributions, gifts and grants$233,238
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $414,488 · Unrelated business $0 · Excluded from tax $0$414,488
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,258$2,258
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $2,433$2,433
VIII-12 Total revenueRelated to mission $414,488 · Unrelated business $0 · Excluded from tax $4,691$652,417
Part IX · Statement of functional expenses $570,109 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $3,622$3,622
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $112,096 · Fundraising $0$112,096
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $291,790 · Management $0 · Fundraising $0$291,790
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $16,478 · Management $6,330 · Fundraising $0$22,808
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $675 · Fundraising $0$675
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $704 · Fundraising $0$704
IX-13 Office expensesPrograms $5,082 · Management $7,624$12,706
IX-14 Information technologyPrograms $0 · Management $3,785 · Fundraising $0$3,785
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $45,993 · Management $11,498 · Fundraising $0$57,491
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $10,951 · Fundraising $0$10,951
IX-24 Other expenses (24a–d)Programs $52,971 · Management $0 · Fundraising $0$52,971
IX-24e All other expensesPrograms $0 · Management $510 · Fundraising $0$510
IX-25 Total functional expensesPrograms $415,936 · Management $154,173 · Fundraising $0$570,109
Part X · Balance sheet $700,105 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $66,355$162,521
X-2 Savings and temporary cash investmentsStart of year $116,279$276,157
X-4 Accounts receivableStart of year $280,600$261,427
X-16 Total assetsStart of year $463,234$700,105
X-17 Accounts payable and accrued expensesStart of year $1,190$10,047
X-19 Deferred revenueStart of year $317,918$463,624
X-26 Total liabilitiesStart of year $319,108$473,671
X-32 Total net assets or fund balancesStart of year $144,126$226,434
X-33 Total liabilities and net assetsStart of year $463,234$700,105
Part XI · Reconciliation of net assets $226,434 net assets at year end
XI-1 Total revenue$652,417
XI-2 Total expenses$570,109
XI-3 Revenue less expenses$82,308
XI-4 Net assets at start of year$144,126
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$226,434

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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