Princeton Nursery School
Nonprofit profile at a glance
- EIN
- 210643024
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Princeton, NJ, USA
- Phone
- 6099218606
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $1,375,873
- Expenses
- $1,127,972
- Assets
- $1,638,171
- Liabilities
- $109,782
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- KEMILOLA L JAHNKE (EXECUTIVE DIRECTOR)
Highest reported compensation
- KEMILOLA L JAHNKE (EXECUTIVE DIRECTOR): $135,134 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Princeton Nursey School's mision is to provide quality childcare and preschool services to children 2.5 to 5 years old from working families with low to moderate incomes. For more than 90 years PNS has provided children with a positive learning environment that services to address all of their developmental needs and to provide a solid foundation to begin a life-long love of learning.
What it reported doing in 2024
To provide quality child care and preschool education with related support services including meals (breakfast, lunch, & snack), health & wellness programs including physical fitness, nutrition & oral hygiene to children, between the ages of 2.5 years and 5 years, in a diverse setting that is affordable through scholarships and assistance to all.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.6%; rating input score 59
- Program expense ratio: 70.4%; rating input score 70
- Fundraising efficiency: $5.02 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 1.45; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 12%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 58.6% of revenue deployed · 70.4% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $794K in reported program spending
- Leadership: top reported pay $135K · 19 people listed
- Consistency: 38 of 38 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Financial Efficiency: Fundraising efficiency scored 18/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.