NORTH PLAINFIELD GIVING NEST INC

EIN: 020693989 501(c)(3) Education

WATCHUNG, NJ

Total Revenue
$677,857
Total Expenses
$699,030
Total Assets
$330,190
Net Assets
$252,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NJ
Principal Officer
DEBORAH HANNON
Phone
9082221003
Tax Period
2024-01-01 to 2024-12-31

NORTH PLAINFIELD GIVING NEST INC, founded in 2001, is a small nonprofit in the Education sector that reported $678K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

OUR COMMITMENT IS TO PROVIDE OUR FAMILIES WITH THE HIGHEST QUALITY CHILD CARE AT AFFORDABLE RATES. THE GIVING NEST PROVIDES INDIVIDUALIZED ATTENTION TO ALL CHILDREN. BY KEEPING OUR CHILD/TEACHER RATIO BELOW STATE REGULATIONS OUR DEDICATED STAFF CAN PROVIDE THE ONE-ON-ONE ATTENTION YOUR CHILD DESERVES. EVERY CLASS FOLLOWS A CAREFULLY PLANNED DAILY SCHEDULE; OFFERING AMPLE TIME FOR LEARNING NEW THINGS, CREATING PROJECTS, SOCIALIZING WITH FRIENDS, EXPLORING THE DIVERSIFIED TOYS IN THE CLASSROOMS, AND PLAYING OUTSIDE IN OUR BEAUTIFUL, FENCED-IN PLAYGROUND.

Program Service Accomplishments

Program 1
Expenses: $640,137 Revenue: $676,090

THE GIVING NEST PROVIDES PRESCHOOL CLASSES FOR CHILDREN AGED 36 MONTHS TO 6 YEARS, OFFERING PART TIME AND FULL-TIME OPTIONS FOR PARENTS FROM SEPTEMBER TO JUNE. WE PROVIDED EXCELLENT CARE AT A...

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THE GIVING NEST PROVIDES PRESCHOOL CLASSES FOR CHILDREN AGED 36 MONTHS TO 6 YEARS, OFFERING PART TIME AND FULL-TIME OPTIONS FOR PARENTS FROM SEPTEMBER TO JUNE. WE PROVIDED EXCELLENT CARE AT A REASONABLE PRICE FOR APPROX.110 CHILDREN THIS YEAR. USING NEW JERSEY'S PRESCHOOL CREATIVE CURRICULUM AS A GUIDE OUR TEACHERS INSTRUCT THE CHILDREN WITH LESSONS AND PLAY. OUR LESSONS ARE AGE APPROPRIATE HELPING THE STUDENTS TO DEVELOP HEALTHY HABITS, SOCIAL SKILLS, PHYSICAL ACTIVITIES, SAFETY BEHAVIORS AND PREPARING THEM ACADEMICALLY FOR ELEMENTARY SCHOOL WHEN THEY GRADUATE. OUR TEACHERS DEMONSTRATE THEIR RESPECT FOR CHILDREN BY ENCOURAGING THEM TO THINK CRITICALLY, MAKE THEIR OWN DECISIONS, SOLVE PROBLEMS INDEPENDENTLY, AND SHARE THEIR IDEAS AND EMOTIONS TO ENSURE SUCCESSFUL LEARNING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,767
Program Service Revenue $676,090
Investment Income $0
Other Revenue $0
TOTAL REVENUE $677,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $568,445
Fundraising Expenses $0
Program Expenses $640,137
Other Expenses $130,585
TOTAL EXPENSES $699,030

Year-over-Year Comparison

2024 2023 Change
Revenue $677,857 $794,734 -0.1%
Expenses $699,030 $648,753 +0.1%
Net Income $-21,173 $145,981 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
1
Employees
N/A
Volunteers
21

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$201,665
Total Directors
5
$201,665
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN HANNON BOARD MEMBER 5.00
Director
$0 $0 $0
ROBERT AZNER OUTGOING BOARD MEMBER (01/2024) 5.00
Director
$0 $0 $0
TARA GRUNTHER BOARD MEMBER/CO-DIRECTOR 7.25
Officer Director
$0 $0 $68,846
DEBORAH HANNON BOARD MEMBER/PRESIDENT 6.75
Officer Director
$0 $0 $65,473
KATHLEEN SMITH BOARD MEMBER/CO-DIRECTOR 8.00
Officer Director
$0 $0 $67,346
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $677,857 $699,030 $330,190 $-21,173
2023 $794,734 $648,753 $346,559 $145,981
2022 $721,682 $655,435 $193,761 $66,247
2021 $535,075 $633,756 $134,680 $-98,681
2020 $431,331 $530,607 $200,406 $-99,276
2019 $852,890 $904,779 $375,855 $-51,889
2018 $762,461 $738,217 $389,592 $24,244
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