Civic Intelligence

Parkway Presbyterian Preschool

EIN 81-0950793 • 501(c)3 • Winston Salem, NC

Revoked

Profile

Parkway Presbyterian Preschool offers a safe and creative Christian environment where children and grow cognitively, physically, and socially. We believe that every child is unique and their success and growth come from encouragement and praise. Our teachers work on building confidence through positive feedback through art, science, math, and language. Our goal is to inspire a child's passion for learning.

Revocation date: Dec 15, 2018

1000 Yorkshire RdWinston Salem, NC 27106
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$20,304

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$61,576

Up $54,524 (+773%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

$61,576

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin69th percentile

Revenue

Up

$418,234

Up $240,621 (+135%) from 2017

Expenses

Up

$356,658

Up $177,869 (+99%) from 2017

Net Income

Up

$61,576

Up $62,752 (+5336%) from 2017

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2017: $7,052Liabilities 2017: $02017Assets 2021: $61,576Liabilities 2021: $0Net Assets 2021: $61,5762021

Highlighted filing

2021

Assets$61,576
Liabilities$0
Net Assets$61,576
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2017: $177,613Expenses 2017: $178,789Net Income 2017: -$1,1762017Revenue 2021: $418,234Expenses 2021: $356,658Net Income 2021: $61,5762021

Highlighted filing

2021

Revenue$418,234
Expenses$356,658
Net Income$61,576
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$61,576
Liabilities
$0
Net assets
$61,576
Revenue
$418,234
Expenses
$356,658
Net income
$61,576
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$4.18$3.57$0.62
2017Summary only. Only limited summary data is available for this year.$0.07$0.00$1.78$1.79$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$418,234
Mission and Program Overview

Mission

Parkway Presbyterian Preschool offers a safe and creative Christian environment where children and grow cognitively, physically, and socially. We believe that every child is unique and their success and growth come from encouragement and praise. Our teachers work on building confidence through positive feedback through art, science, math, and language. Our goal is to inspire a child's passion for learning.

Parkway Presbyterian Preschool offers a safe and creative Christian environment where children can grow cognitively, physically, and socially.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$61,576-
Savings and Temporary Cash Investments$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use-$0-
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$61,576▲ $61,576
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$61,576▲ $61,576
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$61,576▲ $61,576
Total Liabilities and Net Assets / Fund Balance$0$61,576▲ $61,576
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kristen AbsherPreschool DirectorPT$20,304$20,304
Karen BoccardiTeacher Representative-$4,681$4,681

Board Members and Trustees

NameTitle
Delana VickersBoard Member
Thom BurlesonChurch Representative
Steven HeffnerParent Representative
Revenue and Support

Revenue Composition

Contributions and Grants
$46,362
Program Service Revenue
$371,872
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$61,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,382
Other Expenses$53,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$254,103$0$0$254,103
Other Expenses$44,127$0$0$44,127
Current Officers, Directors, Trustees, and Key Employees$24,985$0$0$24,985
Payroll Taxes$24,294$0$0$24,294
Office Expenses$6,899$0$0$6,899
Occupancy$2,250$0$0$2,250
Total Functional Expenses$356,658$0$0$356,658
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form is available upon request and all portions of the form are addressed in our operating budget review.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually. There have been no issues to date.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and financial statements have been made available to the Church Session and preschool staff at large. All documents listed are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Parkway Presbyterian Preschool
EIN
81-0950793
Phone
3367655646
Address
1000 Yorkshire Rd, Winston Salem, NC 27106

Signing Officer

Name
Kristen Absher
Title
Preschool Director
Phone
3367655646
Signed
2021-11-08

Organization Details

Principal Officer
Kristen Absher
Formed
2016
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
3
Employees
33
Volunteers
2
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Our program offered a virtual learning opportunity for our students with Covid concerns, as well as classroom space for virtual learning for our preschool staff, church staff, and members/siblings for their children during the time period when in-person learning was halted or limited. This change lasted from August through March.”

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IRS990/Desc0Employee Salaries: Parkway Presbyterian Preschool employees 15-35 teachers throughout the calendar year. These teachers not only gain monetary employment but also the ability to grow and learn while teaching our youngest children. For many of our staff with children of their own, Parkway Presbyterian Preschool offers a feasible work schedule that allows our teachers to maintain a safe, caring, and productive home life for their family and children.
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IRS990/MissionDesc0Parkway Presbyterian Preschool offers a safe and creative Christian environment where children and grow cognitively, physically, and socially. We believe that every child is unique and their success and growth come from encouragement and praise. Our teachers work on building confidence through positive feedback through art, science, math, and language. Our goal is to inspire a child's passion for learning.
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0322825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt149047
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Teaching/Classroom Supplies: Parkway Presbyterian Preschool provides its staff with all the necessary teaching tools for all ages. Supplies needed range from classroom cleaning products, teaching materials including but not limited to art supplies, science materials, garden and planting tools and materials, snacks, puzzles, books, and age appropriate toys and games.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt018075
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Enrichment: Parkway Presbyterian Preschool offers a variety of enrichment activities for our staff and children alike. Such activities include music, Creature Teacher, Stretch-N-Grow, Eat the Rainbow healthy eating program, First Aid and CPR training/certification, staff meetings, and continuing education. **This expense was decreased in relation to past years due to COVID-19 limitations.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07180
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Additional Program Accomplishments: Other: These expenses include janitorial supplies, special art, registration and monthly tuition refunds, charity and scholarship funds, computer and media updates and repairs, playground repair and annual landscaping, and miscellaneous operational expenses.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt028021
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041645
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt043414
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0186887
IRS990/PYRevenuesLessExpensesAmt06000
IRS990/PYSalariesCompEmpBnftPaidAmt0179118
IRS990/PYTotalExpensesAmt0222532
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0228532
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt061576
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06084
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06084
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00

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