2024-06-20T11:12:43-05:00 2023-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2023-01-01 223256124 CHILDREN ON THE GREEN INC CHIL 9739840094 50 SOUTH PARK PLACE MORRISTOWN NJ 07960 SANJAY DEVI TREASURER 9739840094 2024-06-19 1 SANJAY DEVI 999009999 0 RYAN A HYNSON CPA P03062772 9733281825 2024-06-07 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z SANJAY DEVI 50 SOUTH PARK PLACE MORRISTOWN NJ 07960 1227226 0 X WWW.CHILDRENONTHEGREEN.ORG X 1994 NJ CHILDREN ON THE GREEN IS A LICENSED, NON-PROFIT CHILD CARE CENTER COMMITTED TO QUALITY, DEVELOPMENTALLY APPROPRIATE CARE AND EARLY EDUCATION FOR CHILDREN OF FAMILIES LIVING OR WORKING IN THE MORRISTOWN AREA. WE SEEK TO REFLECT THE DIVERSITY OF THE COMMUNITY IN WHICH WE ARE LOCATED AND ARE COMMITTED TO PARTNERSHIPS THAT SUPPORT ALL CHILDREN AND FAMILIES. 10 8 38 20 0 0 370365 291989 628260 934860 129 93 0 0 998754 1226942 0 0 0 0 703166 957315 0 0 12303 253380 331199 956546 1288514 42208 -61572 304968 253959 75249 85812 229719 168147 X CHILDREN ON THE GREEN IS A LICENSED CHILD CARE CENTER BASED IN MORRISTOWN, NJ WHOSE MISSION IS TO EDUCATE AND SUPPORT THE DEVELOPMENTAL NEEDS OF EACH CHILD, CREATE INTERDEPENDENT PARTNERSHIPS BETWEEN HOME, WORK, COMMUNITY, AND THE CENTER, AND BUILD BRIDGES TO AN INCLUSIVE COMMUNITY. 0 0 1107686 934860 THE CENTER WAS FORMED TO EDUCATE AND SUPPORT THE DEVELOPMENT NEEDS OF EACH CHILD, CREATING INTERDEPENDENT PARTNERSHIPS BETWEEN HOME, WORK, COMMUNITY, AND THE CENTER, AND BUILDING BRIDGES TO AN INCLUSIVE COMMUNITY. THE CENTER IS LOCATED IN MORRISTOWN, NJ AND THE CURRENT ROSTER IS STUDENTS PRIMARILY RANGING IN AGES FROM SIX MONTHS TO SIX YEARS OLD AND WHOSE FAMILIES RESIDE IN THE SURROUNDING AREAS AND LOCAL HOMELESS SHELTERS. 1107686 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X X KAY LANG 9739840094 50 SOUTH PARK PLACE MORRISTOWN NJ 07960 JODY MARCUS PRESIDENT 3.00 X X 0 0 0 NANCY KALVIN SECRETARY 3.00 X X 0 0 0 SANJAY DEVI TREASURER 3.00 X X 0 0 0 TALEEN KRADJIAN ESQ TRUSTEE 2.00 X 0 0 0 MELISSA FLYNN TRUSTEE 2.00 X 0 0 0 JENNIFER BORKOWSKI TRUSTEE 2.00 X 0 0 0 DENISE SCHMIDT TRUSTEE 2.00 X 0 0 0 DAVID YERMACK TRUSTEE 2.00 X 0 0 0 KAY LANG BUSINESS DIRECTOR 40.00 X X 21154 0 0 JOANN QUATTRO EXECUTIVE DIRECTOR 40.00 X 70695 0 0 91849 0 0 0 0 0 0 0 1890 189764 100335 291989 TUITION AND FEES 611600 934860 934860 934860 93 93 284 1890 284 0 1226942 934860 0 93 91849 80368 10563 918 727671 636712 83682 7277 65599 50511 14432 656 72196 55591 15883 722 21645 19576 2069 6925 6264 661 284 224 60 22434 20943 1491 68072 61264 6808 614 614 12491 11242 1249 24661 22194 2467 FOOD SERVICE 58638 58638 REPAIRS AND MAINTENANCE 56607 50947 5660 SUPPLIES AND PROGRAM EX 54926 54926 OPERATING LEASE 3612 3251 361 290 261 29 1288514 1107686 168525 12303 197212 128541 97 27097 34283 10947 16616 424421 359066 56995 65355 12620 9164 304968 253959 24721 37465 9900 40628 48347 75249 85812 X 229719 168147 229719 168147 304968 253959 -61572 0 X X 0 1 X 1 0 X 234370 278348 400218 370365 291989 1575290 534936 328614 459322 628260 934860 2885992 769306 606962 859540 998625 1226849 4461282 0 0 0 4461282 61 69 118 129 93 470 61 69 118 129 93 470 769367 607031 859658 998754 1226942 4461752 0.99990 0.99990 0.00010 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 292032 265982 26050 132389 93084 39305 65355 PARENT DEPOSITS PAYABLE 38645 OPERATING LEASE LIABILITY 9702 48347 X 1227226 284 284 1226942 0 1226942 1288798 284 284 1288514 0 1288514 PART X, LINE 2: THE CENTER IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE CENTER IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CENTER FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE CENTER DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEAR ENDED DECEMBER 31, 2023. HOWEVER, THE CENTER IS SUBJECT TO AUDIT BY TAX AUTHORITIES, INCLUDING A REVIEW OF ITS NONPROFIT STATUS WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE CENTER BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE CENTER FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR FEDERAL AND FOR NEW JERSEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE 284. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE 284. FORM 990, PART VI, SECTION B, LINE 11B CHILDREN ON THE GREEN INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE CORPORATE COMPLIANCE OFFICER WILL NOTIFY A MEMBER OF MANAGEMENT OR THE GOVERNING BODY ABOUT SUCH CONFLICT AND INVESTIGATE THE CONFLICT. THE RESULTS OF THE INVESTIGATION WILL BE SUMMARIZED AND DOCUMENTED BY THE CORPORATE COMPLIANCE OFFICER AND REPORTED TO THE GOVERNING BODY. IF THE CORPORATE COMPLIANCE OFFICER ESTABLISHES THAT AN ACTUAL CONFLICT EXISTS, THE MEMBER OF MANAGEMENT OR THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY AND THAT PERSON WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE ORGANIZATION'S OFFICERS IS REVIEWED AND APPROVED BY THE BOARD MEMBERS, AN INDEPENDENT BODY. THE QUALIFICATIONS AND EXPERIENCE OF THE INDIVIDUAL ARE ALSO TAKEN INTO ACCOUNT WHEN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG. IN ADDITION, FORM 990 IS AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990 PART XII, LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR.