Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
EIN 52-0741601 • 501(c)3 • Silver Spring, MD
Profile
To provide early childhood education for a maximum of 52 children ages 2-5 years of age
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 18.8% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Down$143,688
Down $36,102 (-20%) from 2023
Liabilities
Up$44,820
Up $20,690 (+86%) from 2023
Net Assets
Down$98,868
Down $56,792 (-36%) from 2023
Revenue
Up$268,559
Up $42,230 (+19%) from 2023
Expenses
Up$325,351
Up $25,419 (+8.5%) from 2023
Net Income
Up-$56,792
Up $16,811 (+23%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The mission of the not for profit is to provide early childhood education for a maximum of 52 children ages 2-5 years of age. Due to covid related guidelines, the average number of children enrolled was 32.
To provide early childhood education for a maximum of 52 children ages 2-5 years of age
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $179,790 | $143,688 | ▼ $36,102 |
| Rtn Earn Endowment Incm Other Fnds | $155,660 | $98,868 | ▼ $56,792 |
| Total Assets | $179,790 | $143,688 | ▼ $36,102 |
| Liabilities | |||
| Deferred Revenue | $22,066 | $40,616 | ▲ $18,550 |
| Other Liabilities | $2,064 | $4,204 | ▲ $2,140 |
| Total Liabilities | $24,130 | $44,820 | ▲ $20,690 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $155,660 | $98,868 | ▼ $56,792 |
| Total Liabilities and Net Assets / Fund Balance | $179,790 | $143,688 | ▼ $36,102 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Joan Morales | Executive Director | FT | $50,507 | $50,507 |
| Name | Title |
|---|---|
| Bronwen Dearden | President |
| Jacques Sadie | Facilities |
| Eunbok Munson | Fundraising |
| Merise Jalali | Fundraising |
| Andrew Satter | Marketing |
| Sydney Stasch | Parent Outreach |
| Megan Hanson | Personnel |
| Marta Tewolde | Secretary |
| Kofi Appiah | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $218,285 |
| Other Expenses | $107,066 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $126,024 | $14,644 | - | $140,668 |
| Occupancy | $58,356 | $9,664 | - | $68,020 |
| Current Officers, Directors, Trustees, and Key Employees | $27,917 | $27,917 | - | $55,834 |
| Payroll Taxes | $11,630 | $3,396 | - | $15,026 |
| All Other Expenses | $1,301 | $6,856 | - | $8,157 |
| Other Employee Benefits | $4,090 | $2,667 | - | $6,757 |
| Insurance | $2,788 | $3,725 | - | $6,513 |
| Office Expenses | $635 | $5,085 | - | $5,720 |
| Fees for Services Accounting | - | $4,824 | - | $4,824 |
| Information Technology | - | $1,936 | - | $1,936 |
| Fees for Services Other | $410 | $1,320 | - | $1,730 |
| Other Expenses | $810 | $71 | - | $71 |
| Total Functional Expenses | $242,594 | $82,757 | $0 | $325,351 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Liabilities | $4,204 |
“Members - members, also known as member-families, are parents or guardians of children enrolled at spring knolls who are in full compliance of the parent contract. Each family shall have one membership.classes of members - there shall be only one class of members.voting - each member-family shall have one vote. Votes may not be cast by proxy unless specifically provided for by the board.”
“Quorum - one-third of the voting member-families shall constitute a quorum. Aside from mid-year tuition increases, all other measures may be passed by a simple majority of members present at a general or special meeting.”
“Rate - the tuition shall be determined by the membership upon the recommendation of the board of directors prior to the opening of the fall term, and may not be changed for the current school year except upon the vote of two-thirds of the members present and voting at a general meeting. Each member shall be given written notice of the tuition change proposal at least five school days prior to the meeting. The effective date of said tuition change shall be set by the membership at the meeting.membership - the board shall consist of the elected officers, as defined in article v, plus other individuals who may be elected by the membership. The total number of directors shall be no less than 5 and no greater than 7. Each class (i.e. Twos, threes/fours, pre-k) shall be represented by at least one member. The retiring president(s) shall sit on the board of directors with voting privileges until the end of the school year following her / his term of office.”
“The draft 990 is reviewed by the executive director and the school administrator before filing.”
“The organization makes its governing documents available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1301 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 8157 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SILVER SPRING |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 143688 |
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| IRS990/CollectionsOfArtInd | 0 | false |
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| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 1332 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1532 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 93 |
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| IRS990/CYOtherRevenueAmt | 0 | 561 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 266373 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -56792 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 218285 |
| IRS990/CYTotalExpensesAmt | 0 | 325351 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 268559 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 40616 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | THE CENTER PROVIDED EARLY CHILDHOOD EDUCATION TO 33 CHILDREN AGES 2-5 YEARS OLD. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 242594 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 4824 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1320 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 410 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1730 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANDREW SATTER |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 50507 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | MARKETING |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PERSONNEL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | FUNDRAISING |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | PARENT OUTREACH |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | FUNDRAISING |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | FACILITIES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1965 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
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| IRS990/GrossReceiptsAmt | 0 | 268559 |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2788 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 6513 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 93 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 93 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/LoanOutstandingInd | 0 | false |
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| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES |
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| IRS990/OtherExpensesGrp/Desc | 3 | BANK & OTHER FEES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 575 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 77 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 71 |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11630 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 15026 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | BRONWEN DEARDEN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SUMMER CAMP |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER FEES & PROGRAMS |
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| IRS990/PYExcessBenefitTransInd | 0 | false |
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| IRS990/PYTotalExpensesAmt | 0 | 299932 |
| IRS990/PYTotalRevenueAmt | 0 | 226329 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | -56792 |
| IRS990/RelatedEntityInd | 0 | false |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
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| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 98868 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4204 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL LIABILITIES |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4204 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
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| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
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| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | WE HAVE OUR NONDISCRIMINATORY POLICY PERMANENTLY ON OUR HOMEPAGE AT WWW.SPRINGKNOLLS.ORG. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of nondiscriminatory policy (Question 3) |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MEMBERS - MEMBERS, ALSO KNOWN AS MEMBER-FAMILIES, ARE PARENTS OR GUARDIANS OF CHILDREN ENROLLED AT SPRING KNOLLS WHO ARE IN FULL COMPLIANCE OF THE PARENT CONTRACT. EACH FAMILY SHALL HAVE ONE MEMBERSHIP.CLASSES OF MEMBERS - THERE SHALL BE ONLY ONE CLASS OF MEMBERS.VOTING - EACH MEMBER-FAMILY SHALL HAVE ONE VOTE. VOTES MAY NOT BE CAST BY PROXY UNLESS SPECIFICALLY PROVIDED FOR BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | QUORUM - ONE-THIRD OF THE VOTING MEMBER-FAMILIES SHALL CONSTITUTE A QUORUM. ASIDE FROM MID-YEAR TUITION INCREASES, ALL OTHER MEASURES MAY BE PASSED BY A SIMPLE MAJORITY OF MEMBERS PRESENT AT A GENERAL OR SPECIAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | RATE - THE TUITION SHALL BE DETERMINED BY THE MEMBERSHIP UPON THE RECOMMENDATION OF THE BOARD OF DIRECTORS PRIOR TO THE OPENING OF THE FALL TERM, AND MAY NOT BE CHANGED FOR THE CURRENT SCHOOL YEAR EXCEPT UPON THE VOTE OF TWO-THIRDS OF THE MEMBERS PRESENT AND VOTING AT A GENERAL MEETING. EACH MEMBER SHALL BE GIVEN WRITTEN NOTICE OF THE TUITION CHANGE PROPOSAL AT LEAST FIVE SCHOOL DAYS PRIOR TO THE MEETING. THE EFFECTIVE DATE OF SAID TUITION CHANGE SHALL BE SET BY THE MEMBERSHIP AT THE MEETING.MEMBERSHIP - THE BOARD SHALL CONSIST OF THE ELECTED OFFICERS, AS DEFINED IN ARTICLE V, PLUS OTHER INDIVIDUALS WHO MAY BE ELECTED BY THE MEMBERSHIP. THE TOTAL NUMBER OF DIRECTORS SHALL BE NO LESS THAN 5 AND NO GREATER THAN 7. EACH CLASS (I.E. TWOS, THREES/FOURS, PRE-K) SHALL BE REPRESENTED BY AT LEAST ONE MEMBER. THE RETIRING PRESIDENT(S) SHALL SIT ON THE BOARD OF DIRECTORS WITH VOTING PRIVILEGES UNTIL THE END OF THE SCHOOL YEAR FOLLOWING HER / HIS TERM OF OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE DRAFT 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE SCHOOL ADMINISTRATOR BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Governing body decisions Part VI line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
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| IRS990/SignificantChangeInd | 0 | false |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MD |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 143688 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
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| IRS990/TotalEmployeeCnt | 0 | 8 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 82757 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 325351 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 24130 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 44820 |
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| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 44820 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 98868 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 266373 |
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| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 143688 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SPRINGKNOLLS.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRONWEN DEARDEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3016500086 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SPRING KNOLLS COOPERATIVE NURSERY S |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPRI |
| ReturnHeader/Filer/EIN | 0 | 520741601 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8900 GEORGIA AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SILVER SPRING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 209102757 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 814809366 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PR CPA SOLUTIONS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10325 KENSINGTON PKWY No 205 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Kensington |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20895 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2024311046 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ISMENIA PENA-ROMERO |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-05-11T11:24:46-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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