My First School EIN 30-0708514

My First School

EIN  30-0708514 Public charity (501(c)(3)) Floral Park, NY
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Size
$100K–1M
What they do
Offers affordable, accessible education for children from nursery through kindergarten.
Leadership
Brendan Healy · President
Money in and out
$263K revenue, $284K expenses
Bottom line
73% program efficiency

Offers affordable, accessible education for children from nursery through kindergarten. For fiscal year 2025 it reported $263K in revenue, $284K in expenses, and $60K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$263K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$60K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$20K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.26 Fundraising $0.01
Program efficiency
73%
of spending reaches programs0% vs prior filing year
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate▼ -11% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▼ -194% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$263K
FY2025▼ -7%
Expenses
$284K
FY2025▼ -3%
Total assets
$233K
FY2025▼ -13%
Total liabilities
$173K
FY2025▼ -8%
Total revenue
$263K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$60K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$233K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $207K of program spending, described in the organization's own filed words · FY2024.
01

Student programs for ages 15 months to four years

$205Kprogram expense
02

Other Student Activities including field trips and summer camps

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMy First School
EINHdr · item D30-0708514
Principal addressHdr · item CFloral Park, NY
WebsiteHdr · item Jwww.myfirstschoolfp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21)
Ruling yearIRS BMFAug 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Finance Officer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Fundaising Off
$0Pt VII · Sec A

Jennifer Morrisey’s $65K as Director is at the 57th percentile of top reported officer pay among 1616 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Jennifer Morrisey$64,910$60,000$59,640$57,396
Queenie Yu$3,514$3,407

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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Statement of Revenue

Part VIII
Program service revenue$254K · 97%
Other revenue$9K · 3%
Program service revenue97%$254K
Other revenue3%$9K
Investment income$6
Total revenueLn 12$263K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.26 Fundraising $0.01
Program services73%$207K
Management & general26%$73K
Fundraising1%$4K
Total functional expensesLn 25$284K

Balance Sheet

Part X · end of year
CashLn 1$230K
Total assetsLn 16$233K
Total liabilitiesLn 26$173K
Total net assetsLn 32$60K
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $230K · Operating expenses/yr $284K
9.7 months
Where the money goes
Program services
Program services $207K · Total expenses $284K
73%
Management & General
Management & general $73K · Total expenses $284K
26%
Fundraising
Fundraising $4K · Total expenses $284K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $263K
0%
Government reliance
Government grants — · Total revenue $263K
Earned-income share
Program service revenue $254K · Total revenue $263K
97%
Investment reliance
Investment income $6 · Total revenue $263K
0%
Program self-sufficiency
Program service revenue $254K · Total expenses $284K
90%
Growth & trend
Revenue growth (YoY)
This year $263K · Prior year $284K
-7%
Revenue CAGR
FY2019 $213K · FY2024 $263K
+4%
Net-asset trend (YoY)
End of year $60K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $263K · Expenses $284K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $233K
Net-asset ratio
Net assets $60K · Total assets $233K
26%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $233K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brendan Healy · Reported title President · Highest reported compensation $0 · Total expenses $284K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $201K · Total expenses $284K
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 26%
Revenue growth -7%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$263K revenue · viewing · ⤓ 990 PDF
FY2024$284K revenue · ⤓ 990 PDF
FY2023$293K revenue · ⤓ 990 PDF
FY2022$353K revenue · ⤓ 990 PDF
FY2021$231K revenue · ⤓ 990 PDF
FY2020$213K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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