THE VILLAGE NURSERY SCHOOL INC

EIN: 042214867 501(c)(3) Education

HARVARD, MA

Total Revenue
$622,542
Total Expenses
$555,518
Total Assets
$871,352
Net Assets
$515,330
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
MA
Principal Officer
MELISSA KNIHTILA
Phone
9784563993
Tax Period
2024-07-01 to 2025-06-30

THE VILLAGE NURSERY SCHOOL INC, founded in 1968, is a small nonprofit in the Education sector that reported $623K in total revenue in fiscal year 2024. Expenses of $556K left a modest 11% surplus.

Mission

VILLAGE NURSERY SCHOOL PROVIDES PRESCHOOL SERVICES TO CHILDREN BETWEEN THE AGES OF 2 AND 6 YEARS OF AGE IN HARVARD, MASSACHUSETTS. IT IS THE GOAL OF VILLAGE NURSERY SCHOOL TO EDUCATE CHILDREN INTELLECTUALLY, CREATIVELY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY. THE FOUNDATION OF THE PROGRAM IS A RICH CLASSROOM EXPERIENCE WHICH PROVIDES AN EDUCATIONAL ENVIRONMENT DEDICATED TO INTEGRATING, BUILDING UPON, AND VALUING THE DIFFERENT NEEDS AND UNIQUE CHALLENGES OF ALL STUDENTS.

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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 $56,923
Program Service Revenue $560,969
Investment Income $401
Other Revenue $4,249
TOTAL REVENUE $622,542

Expense Breakdown

Grants Paid $0
Salaries & Benefits $354,200
Fundraising Expenses $22,102
Program Expenses $394,461
Other Expenses $201,318
TOTAL EXPENSES $555,518

Year-over-Year Comparison

2024 2023 Change
Revenue $622,542 $626,146 0.0%
Expenses $555,518 $532,886 +0.0%
Net Income $67,024 $93,260 -0.3%
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
8
Independent Members
6
Employees
13
Volunteers
N/A

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
5
$57,418
Total Directors
7
$92,727
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAUREEN BAJKO SCHOOL DIRECTOR 36.00
Officer Director
$57,418 $0 $57,418
EMILIE STAIGER ASSISTANT DIRECTOR 25.00
Director
$35,309 $0 $35,309
MICHELLE SALVATORE PRESIDENT 10.00
Officer Director
$0 $0 $0
MELISSA KNIHTILA TREASURER 10.00
Officer Director
$0 $0 $0
LIZ TAGLEIRI SECRETARY 10.00
Officer Director
$0 $0 $0
MICHELE CARROLL VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
ANNALISE TABER PA CHAIR 10.00
Director
$0 $0 $0
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
2025 $622,542 $555,518 $871,352 $67,024
2024 No data No data No data No data
2023 $577,835 $519,369 $794,416 $58,466
2022 $573,108 $442,626 $725,607 $130,482
2021 $305,129 $336,966 $767,179 $-31,837
2020 $374,039 $378,126 $559,367 $-4,087
2019 $413,869 $437,023 $594,042 $-23,154
2018 $421,575 $440,716 $621,796 $-19,141
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