Kool Kidz World INC

Tax-deductible

Maple Shade, NJ501(c)(3)Human ServicesEIN 45-4573626

This page gets seen. Tell your story. Claim this org.

Kool Kidz Word is a non profit child care center. Fun, Affordable Learning the Kool Kidz Way.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$80K 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
3 of 5
filings with a surplus
Average surplus $48K a year · 5% 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
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 6% of spending
Top officer’s pay lower than 82% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $37
Fine: 1 funder names 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
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+7% vs prior year
Spent
$1.3M
To programs
100%
Net assets
$121K
By yearFY2020–FY2024
Revenue
$1.3M
FY2024▲ +7%
Revenue by fiscal year
FY2020$453K
FY2021$648K
FY2022$943K
FY2023$1.2M
FY2024$1.3M
Expenses
$1.3M
FY2024▲ +23%
Expenses by fiscal year
FY2020$359K
FY2021$657K
FY2022$911K
FY2023$1.0M
FY2024$1.3M
Net assets
$121K
FY2024▼ -12%
Net assets by fiscal year
FY2020$130K
FY2021$107K
FY2022$139K
FY2023$138K
FY2024$121K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2013.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.3M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$80,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Julia’s $80K as Director is at the 18th percentile of top reported officer pay among 3869 $1–10M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kool Kidz World—$80,309———
Julia$80,000————
Julia Martinez——$70,250$55,000$18,148

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.

See Kool Kidz World INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Provides affordable, fun childcare and early learning for children.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.3M · in their own filed words · FY2024
01

Kool Kidz World continues to provide affordable and quality childcare for families. kool Kidz received BEST DAYCARE IN TOWN award for consecutive years. Expenses include rental, utilities, licensing, insurance, repairs and maint, program expenses, offices supplies and materials, payroll expenses.

$1.3Mprogram 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$37

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Owns and owesPt X
$121K
net assets · Ln 32
Cash and savingsLn 1–2$121K
Total assetsLn 16$121K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$121K
SavingsLn 2$0
Cash and savings togetherLn 1–2$121K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$121K
LiabilitiesLn 26$0
Net assetsLn 32$121K
OperationsPt I, VI
EmployeesI 511
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$138K$121K
InvestmentsLn 11–13$0$0
Total assetsLn 16$138K$121K
LiabilitiesLn 26$0$0
Net assetsLn 32$138K$121K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
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$80K$80K
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$638K$638K
Pension plan contributionsLn 8$0$0
Other employee benefitsLn 9$12K$12K
Payroll taxesLn 10$109K$109K
Management feesLn 11a$0$0
Legal feesLn 11b$0$0
Accounting feesLn 11c$0$0
Lobbying feesLn 11d$0$0
Investment management feesLn 11f$0$0
Other fees for servicesLn 11g$0$0
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$25K$25K
Information technologyLn 14$0$0
RoyaltiesLn 15$0$0
OccupancyLn 16$131K$131K
TravelLn 17$0$0
Travel and entertainment for public officialsLn 18$0$0
Conferences, conventions and meetingsLn 19$0$0
InterestLn 20$0$0
Payments to affiliatesLn 21$0$0
Depreciation, depletion and amortizationLn 22$0$0
InsuranceLn 23$16K$16K
All other expensesLn 24e$261K$261K
Total functional expensesLn 25$1.3M$1.3M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.3M$1.3M−$16K$121K 990 PDF
FY2023 $1.2M$1.0M$138K$138K 990 PDF
FY2022 $943K$911K$32K$139K 990 PDF
FY2021 $648K$657K−$9K$107K 990 PDF
FY2020 $453K$359K$94K$130K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (5 parts)
Part I · Summary $1,271,043 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,182,895$1,271,043
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,182,895$1,271,043
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $728,814$839,397
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $316,378$447,974
I-18 Total expensesPrior year $1,045,192$1,287,371
I-19 Revenue less expensesPrior year $137,703−$16,328
Part VIII · Statement of revenue $1,271,043 across 2 lines filed
Lines not itemized here account for $1,271,043 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-12 Total revenueRelated to mission $1,271,043 · Unrelated business $0 · Excluded from tax $0$1,271,043
Part IX · Statement of functional expenses $1,287,371 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
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 $80,000$80,000
IX-6 Pay of disqualified personsPrograms $0$0
IX-7 Other salaries and wagesPrograms $638,284$638,284
IX-8 Pension plan contributionsPrograms $0$0
IX-9 Other employee benefitsPrograms $12,000$12,000
IX-10 Payroll taxesPrograms $109,113$109,113
IX-11a Management feesPrograms $0$0
IX-11b Legal feesPrograms $0$0
IX-11c Accounting feesPrograms $0$0
IX-11d Lobbying feesPrograms $0$0
IX-11f Investment management feesPrograms $0$0
IX-11g Other fees for servicesPrograms $0$0
IX-12 Advertising and promotionPrograms $15,000$15,000
IX-13 Office expensesPrograms $25,000$25,000
IX-14 Information technologyPrograms $0$0
IX-15 RoyaltiesPrograms $0$0
IX-16 OccupancyPrograms $130,800$130,800
IX-17 TravelPrograms $0$0
IX-18 Travel and entertainment for public officialsPrograms $0$0
IX-19 Conferences, conventions and meetingsPrograms $0$0
IX-20 InterestPrograms $0$0
IX-21 Payments to affiliatesPrograms $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0$0
IX-23 InsurancePrograms $16,000$16,000
IX-24e All other expensesPrograms $261,174$261,174
IX-25 Total functional expensesPrograms $1,287,371 · Management $0 · Fundraising $0$1,287,371
Part X · Balance sheet $121,375 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $137,703$121,375
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $137,703$121,375
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $137,703$121,375
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $137,703$121,375
X-33 Total liabilities and net assetsStart of year $137,703$121,375
Part XI · Reconciliation of net assets $121,375 net assets at year end
XI-1 Total revenue$1,271,043
XI-2 Total expenses$1,287,371
XI-3 Revenue less expenses−$16,328
XI-4 Net assets at start of year$137,703
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$121,375

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.