OLD FIRST NURSERY SCHOOL INC

EIN: 112030029 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$331,811
Total Expenses
$334,856
Total Assets
$226,534
Net Assets
$187,534
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NY
Principal Officer
STEPHEN CONIGLIARO
Phone
3474606367
Tax Period
2024-07-01 to 2025-06-30

OLD FIRST NURSERY SCHOOL INC, founded in 1959, is a small nonprofit in the Education sector that reported $332K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

OLD FIRST NURSERY SCHOOL IS DEDICATED TO NURTURING CHILD DEVELOPEMENT THROUGH PLAYBASED 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 $0
Program Service Revenue $283,507
Investment Income $0
Other Revenue $48,304
TOTAL REVENUE $331,811

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,385
Fundraising Expenses $0
Program Expenses $334,856
Other Expenses $145,471
TOTAL EXPENSES $334,856

Year-over-Year Comparison

2024 2023 Change
Revenue $331,811 $353,335 -0.1%
Expenses $334,856 $302,196 +0.1%
Net Income $-3,045 $51,139 -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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
32
Independent Members
32
Employees
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BROOKE HOLIDAY TREASURER 5.00
Officer
$0 $0 $0
SZELENA GRAY TREASURER 5.00
Officer
$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 $331,811 $334,856 $226,534 $-3,045
2024 $353,335 $302,196 $232,180 $51,139
2023 $283,840 $298,543 $185,541 $-14,703
2022 $298,833 $272,648 $200,644 $26,185
2021 $254,090 $285,039 $169,559 $-30,949
2018 $230,663 $229,364 $124,388 $1,299
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