GIGGLE AND GROW INC

EIN: 455402598 501(c)(3) Human Services

WAYNE, NJ

Total Revenue
$981,049
Total Expenses
$1,041,689
Total Assets
$218,370
Net Assets
$127,557
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
BARBARA MICHELSON
Phone
9736861010
Tax Period
2024-01-01 to 2024-12-31

GIGGLE AND GROW INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $981K in total revenue in fiscal year 2024.

Mission

GIGGLE AND GROW IS A NURSERY SCHOOL AND CHILDCARE CENTER FOR CHILDREN UNDER THE AGE OF SIX. IT OFFERS PROGRAMS FOR BOTH WORKING AND NON-WORKING PARENTS WHERE THEIR CHILDREN ARE IN A SAFE, SECURE AND EDUCATIONAL ENVIRONMENT, WHICH IS LICENSED BY THE OFFICE OF LICENSING. THE CENTER WORKS TO MEET THE NEEDS OF FAMILIES WITH FINANCIAL HARDSHIP, OFFERS DISCOUNTS FOR SIBLINGS AND SINGLE PARENTS, PROVIDES PROGRAMS THAT EMBRACE CHILDREN WITH SPECIAL NEEDS AND OFFERS EXTRA SUMMER CAMP EXPERIENCES FOR THOSE THAT NEED A FULL YEAR PROGRAM. THE CENTER EMPLOYS CERTIFIED AND KNOWLEDGEABLE TEACHERS WHO HAVE A PASSION AND DEDICATION TO THE EARLY CHILDHOOD PROFESSION. AS A NON-PROFIT PROGRAM, WE WILL SEEK DONATIONS TO THE SCHOOL AND EARMARK THESE CONTRIBUTIONS FOR SCHOLARSHPS, SPECIAL PROGRAMS AND NEED-BASED TUITION ASSISTANCE.

Program Service Accomplishments

Program 1
Expenses: $861,030

GIGGLE AND GROW IS A NURSERY SCHOOL AND CHILDCARE CENTER FOR CHILDREN UNDER THE AGE SIX. ITS GOAL IS TO PROVIDE CHILDREN WITH A WARM, LOVING, FRIENDLY ATMOSPHERE THAT PROMOTES EXPLORATION, LANGUAGE...

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GIGGLE AND GROW IS A NURSERY SCHOOL AND CHILDCARE CENTER FOR CHILDREN UNDER THE AGE SIX. ITS GOAL IS TO PROVIDE CHILDREN WITH A WARM, LOVING, FRIENDLY ATMOSPHERE THAT PROMOTES EXPLORATION, LANGUAGE, CRITICAL THINKING, QUESTIONING AND DISCOVERY. THE SCHOOL IS DEVOTED TO THE WHOLE CHILD BY CREATING AN ENGAGING LEARNING EVIRONMENT THAT SUPPORTS THEIR UNIQUENESS AND INDIVIDUALITY. EACH CHILD IS CHALLENGED AND ENCORAGED TO REACH HIS OR HER FULLEST POTENTIAL IN AN ENVIRONMENT WHRE THEY ARE LOVED.

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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 $21,975
Program Service Revenue $954,172
Investment Income $4,902
Other Revenue $0
TOTAL REVENUE $981,049

Expense Breakdown

Grants Paid $0
Salaries & Benefits $857,923
Fundraising Expenses $0
Program Expenses $884,361
Other Expenses $183,766
TOTAL EXPENSES $1,041,689

Year-over-Year Comparison

2024 2023 Change
Revenue $981,049 $986,796 0.0%
Expenses $1,041,689 $1,066,600 0.0%
Net Income $-60,640 $-79,804 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
42
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
3
$0
Total Directors
5
$131,376
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA MICHELSON EXECUTIVE DI 40.00
Director
$131,376 $0 $131,376
MARK MICHELSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
KATHY RENDINI BOARD MEMBER 1.00
Director
$0 $0 $0
VICTOR SPINELLI PRESIDENT 1.00
Officer Director
$0 $0 $0
NANCY TROTTA SECRETARY 1.00
Officer 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 No data No data No data No data
2024 $981,049 $1,041,689 $218,370 $-60,640
2023 $986,796 $1,066,600 $275,458 $-79,804
2022 $968,075 $880,149 $356,268 $87,926
2021 $744,173 $668,299 $237,718 $75,874
2021 $755,682 $672,735 $244,094 $82,947
2020 $423,038 $445,222 $152,559 $-22,184
2019 $617,185 $688,131 $208,272 $-70,946
2018 $601,539 $590,683 $255,894 $10,856
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