Carol Nursery School

Tax-deductible

Shaker Hts, OH501(c)(3)Since 1932EducationEIN 34-0733129Revenue $437K in FY2024

On file with the IRScarolnurseryschool.org19824 Sussex Rd, 44122-4917 · Shaker Hts, OHTax-exempt since Jul 1960Publicly supported — 509(a)(2)

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Preschool education

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$63K 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
1 of 4
filings with a surplus
Average surplus $5K a year · 1% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 12% of spending
Top officer’s pay higher than 56% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $48K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$437K
-12% vs prior year
Spent
$508K
To programs
81%
Net assets
$591K
By yearFY2021–FY2024
Revenue
$437K
FY2024▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2021$260K
FY2022$411K
FY2023$605K
FY2024$499K
FY2024$437K
Expenses
$508K
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2021$344K
FY2022$443K
FY2023$468K
FY2024$500K
FY2024$508K
Net assets
$591K
FY2024▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2021$393K
FY2022$392K
FY2023$530K
FY2024$662K
FY2024$591K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1960.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $411K Management & general 19% · $95K Fundraising 0% · $2K

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

9 people listed on the 990; $63K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$63,215Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President Elect
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Fundraising Chair
$0Pt VII · Sec A
Tuitionregistrar
$0Pt VII · Sec A

Sara Miller’s $63K as Director is at the 56th percentile of top reported officer pay among 1613 $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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Sara Miller$63,215$63,052$61,236$59,299$60,429

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 15aYes

Programs and updates

Carol Nursery School is an education nonprofit based in Shaker Hts, OH, formed in 1932.

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Provided by the organization

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1 program · $411K · in their own filed words · FY2024
01

Nursery school providing children with socialization skills and educational training at the preschool level. From aug 2024 - july 2025, 76 students benefitted from the schools program. In the summer of 2025, 33 students attended camp.

$411Kprogram 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 2 funders$48K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$437K
Ln 12
Fees for servicesLn 2g$381K
Investment incomeLn 3$38K
Gifts and grantsLn 1h$12K
Money outPt IX
$508K
Ln 25
Programscol B$411K
Managementcol C$95K
Fundraisingcol D$2K
Owns and owesPt X
$591K
net assets · Ln 32
Cash and savingsLn 1–2$92K
Total assetsLn 16$591K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12K
Fundraising eventsLn 1c$12K
Fees for servicesLn 2g$381K
Investment incomeLn 3$38K
Other incomeLn 4–11$7K
Total revenueLn 12$437K
Assets in detailPt X, end of year
CashLn 1$592
SavingsLn 2$91K
Cash and savings togetherLn 1–2$92K
InvestmentsLn 11–13$499K
Other assetsLn 15$719
Total assetsLn 16$591K
LiabilitiesLn 26$0
Net assetsLn 32$591K
OperationsPt I, VI
EmployeesI 50
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$68K$92K
InvestmentsLn 11–13$594K$499K
Total assetsLn 16$662K$591K
LiabilitiesLn 26$0$0
Net assetsLn 32$662K$591K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$63K$63K
Other salaries and wagesLn 7$255K$255K
Payroll taxesLn 10$26K$26K
Accounting feesLn 11c$19K$19K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$3K$376$3K
Information technologyLn 14$3K$3K
OccupancyLn 16$94K$94K
Conferences, conventions and meetingsLn 19$3K$3K
InsuranceLn 23$9K$7K$2K
Other expenses (24a–d)Ln 24$25K$25K
All other expensesLn 24e$3K$800$2K
Total functional expensesLn 25$508K$411K$95K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $499K$500K−$280$662K 990 PDF
FY2023 $605K$468K$137K$530K 990 PDF
FY2022 $411K$443K−$32K$392K 990 PDF
FY2021 $260K$344K−$84K$393K 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 $437,081 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $173$11,604
I-9 Program service revenuePrior year $360,493$380,679
I-10 Investment incomePrior year $83,058$38,096
I-11 Other revenuePrior year $55,742$6,702
I-12 Total revenuePrior year $499,466$437,081
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $319,586$344,348
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $180,160$163,622
I-18 Total expensesPrior year $499,746$507,970
I-19 Revenue less expensesPrior year −$280−$70,889
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $437,081 across 7 lines filed
Lines not itemized here account for $11,986 of total revenue; see the IRS return.
VIII-1c Fundraising events$11,604
VIII-1h Total contributions, gifts and grants$11,604
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $372,726$372,726
VIII-3 Investment incomeRelated to mission $38,096$38,096
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $2,669$2,669
VIII-12 Total revenueRelated to mission $418,775 · Unrelated business $2,669 · Excluded from tax $4,033$437,081
Part IX · Statement of functional expenses $507,970 across 12 lines filed
IX-5 Pay of current officers, directors and key staffManagement $63,215$63,215
IX-7 Other salaries and wagesPrograms $254,652$254,652
IX-10 Payroll taxesPrograms $26,481$26,481
IX-11c Accounting feesManagement $19,123$19,123
IX-12 Advertising and promotionManagement $4,303$4,303
IX-13 Office expensesPrograms $376 · Management $2,595$2,971
IX-14 Information technologyManagement $3,208$3,208
IX-16 OccupancyPrograms $93,590$93,590
IX-19 Conferences, conventions and meetingsPrograms $3,192$3,192
IX-23 InsurancePrograms $7,057 · Management $2,346$9,403
IX-24 Other expenses (24a–d)Programs $25,271$25,271
IX-24e All other expensesPrograms $800 · Fundraising $1,761$2,561
IX-25 Total functional expensesPrograms $411,419 · Management $94,790 · Fundraising $1,761$507,970
Part X · Balance sheet $591,201 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $592$592
X-2 Savings and temporary cash investmentsStart of year $67,900$91,222
X-11 Publicly traded securitiesStart of year $593,595$498,668
X-15 Other assets$719
X-16 Total assetsStart of year $662,087$591,201
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $662,087$591,201
X-33 Total liabilities and net assetsStart of year $662,087$591,201
Part XI · Reconciliation of net assets $591,201 net assets at year end
XI-1 Total revenue$437,081
XI-2 Total expenses$507,970
XI-3 Revenue less expenses−$70,889
XI-4 Net assets at start of year$662,087
XI-8 Prior period adjustments$3
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$591,201

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

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