2025-07-15T14:41:00+00:00 2024-08-31 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-09-01 131992640 International Preschools INTE 2123718604 345 E 86TH STREET NEW YORK NY 10028 Alyssa Wisoff Director 2025-07-15 true Aaron Shapiro P01333816 2128127000 2025-07-15 2023 2025-03-06 01:10:19Z Alyssa Wisoff 345 E 86TH STREET NEW YORK NY 10028 3204767 false X http://www.ipsnyc.org/ X 1963 NY To operate preschool educational programs in the New York City metropolitan area. 15 14 40 40 0 0 261249 268220 2231069 2144474 141481 287096 94220 67623 2728019 2767413 209346 133501 0 0 2556357 1708293 0 0 136505 1512036 1500541 4277739 3342335 -1549720 -574922 11469697 11164247 4743593 4201027 6726104 6963220 SEE SCHEDULE O false false 2369039 133501 2144474 PROVIDING A PRESCHOOL EDUCATION TO 60 CHILDREN AGES TWO TO FIVE YEARS, WITH A FOCUS ON PROVIDING A SAFE EDUCATIONAL ENVIRONMENT FOR FAMILIES FROM ALL OVER THE WORLD. 2369039 true true false false false false false false false true false false true true false true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 13 0 40 true false false false false false true true false false false false false false X 15 14 false false false false false false false true true false false false true true true false true true false false NY X Alyssa Wisoff 2123718604 345 E 86TH STREET NEW YORK NY 10028 ALYSSA WISOFF DIRECTOR 45.0 X X 163750 0 26630 Donna Cohen Secretary 5.0 X X 0 0 0 ELIZABETH J PATRICK CHAIR 10.0 X X 0 0 0 JL Zrebiec Treasurer 5.0 X X 0 0 0 AMANDA HINCKLEY TRUSTEE 5.0 X 0 0 0 BRIAN WU TRUSTEE 5.0 X 0 0 0 CONSTANCE CRANCH TRUSTEE 5.0 X 0 0 0 DAVID BERNSTEIN Trustee 5.0 X 0 0 0 ELIZABETH NEWELL TRUSTEE 5.0 X 0 0 0 FRANCO FINSTAD TRUSTEE 5.0 X 0 0 0 JONATHAN ZREBIEC TRUSTEE 5.0 X 0 0 0 Ruchira Bhuyan Trustee 5.0 X 0 0 0 SCOTT FURGAL TRUSTEE 5.0 X 0 0 0 SYLVIE CHERRY TRUSTEE 5.0 X 0 0 0 William Jackson Trustee 5.0 X 0 0 0 MONIQUE TABBS LOCATION/EDUCATION DIRECTOR 40.0 X 131721 0 24316 ZIN MIN SOE BUSINESS MANAGER (THRU 8/31/2023) 45.0 X 92575 0 21068 388046 0 72014 2 true true false 0 10460 257760 268220 TUITION 611110 2056464 2056464 AFTER SCHOOL PROGRAMS 611110 74900 74900 Early Drop-Off 611110 13110 13110 0 0 0 0 2144474 208805 208805 0 0 500000 421709 78291 0 78291 78291 20432 10460 15645 4787 4787 OTHER 900099 62836 62836 0 0 0 0 62836 2767413 2144474 0 354719 133501 133501 203928 81571 81571 40786 1066489 834590 208215 23684 89530 68679 18220 2631 228520 172175 48177 8168 119826 87279 26869 5678 40223 40223 105871 105871 99144 65483 32987 674 5849 4260 1312 277 132461 70052 52914 9495 826152 601756 185249 39147 312 312 115695 109048 6647 125877 91688 28224 5965 FIELD TRIPS 48957 48957 0 0 0 0 3342335 2369039 836791 136505 342956 182492 501916 513145 294753 22917 0 0 0 0 175280 52304 1635812 1204477 547030 431335 6715572 7602513 0 0 2892190 2359541 11469697 11164247 200747 205313 1207876 1250981 0 0 3334970 2744733 4743593 4201027 X 6726104 6963220 6726104 6963220 11469697 11164247 -574922 812038 0 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1608150 1187524 420626 27662 16953 10709 431335 Right-of-use assets - operating 2307106 Security Deposits 52435 2359541 Operating Lease Liabilities 2744733 2744733 3445950 812038 0 812038 2633912 133501 133501 2767413 3208834 0 0 3208834 133501 133501 3342335 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Financial Aid - 133501 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial Aid - 133501 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE INTERNATIONAL PRESCHOOL'S RACIALLLY NONDISCRIMINATORY POLICY IS AVAILABLE ON THEIR WEBSITE. Spring Benefit 30892 10460 20432 0 0 15645 0 0 0 0 0 30892 10460 20432 0 0 15645 0 0 0 15645 4787 true Financial Aid for Students' Educational Purposes 8 135501 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds SCHOLARSHIPS ARE AWARDED BASED ON ELIGIBILITY AND GREATEST NEED BY THE FINANCIAL AID COMMITTEE. THE FINANCE DIRECTOR PRESENTS THE APPLICATIONS TO THE COMMITTEE, AND SCHOLARSHIPS ARE GIVEN EACH YEAR WITHIN A BOARD-APPROVED BUDGET. THEY ARE TRACKED WITHIN THE REGISTRAR'S DATABASE AND ALSO THROUGH THE STUDENT BILLING DATABASE. X X X X true false false false false false false false false ALYSSA WISOFF DIRECTOR 163516 0 0 0 234 0 9819 0 16811 0 190380 0 0 0 ZIN MIN SOE BUSINESS MANAGER (THRU 8/31/2023) 70623 0 0 0 21952 0 4257 0 16811 0 113643 0 0 0 MONIQUE TABBS LOCATION/EDUCATION DIRECTOR 131487 0 0 0 234 0 7505 0 16811 0 156037 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment Zin Min Soe, $21,799.46 plus COBRA health/dental insurance for 12 months. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE INTERNATIONAL PRESCHOOLS OPENS A WINDOW TO THE WORLD FOR YOUNG CHILDREN AND THEIR FAMILIES SO THEY CAN CELEBRATE WHAT IS SHARED AND WHAT IS DIFFERENT AMONG INDIVIDUALS AND CULTURES. PRESCHOOL IS A CRUCIAL TIME IN A CHILD'S COGNITIVE, EMOTIONAL, SOCIAL, AND CULTURAL DEVELOPMENT. AT THE INTERNATIONAL PRESCHOOLS WE FILL OUT STUDENTS' TIME AT SCHOOL WITH WONDROUS LEARNING THROUGH PLAY, GUIDED BY SKILLED TEACHERS AND A CURRICULUM THAT IS EVER EVOLVING, RESEARCH SUPPORTED, MULTI-DISCIPLINARY, AND GLOBALLY AWARE. WE READY OUR STUDENTS FOR THE ACADEMIC RIGORS, CHALLENGES, AND JOYS THEY WILL ENCOUNTER IN THEIR NEXT SCHOOLS AND BEYOND. WE BRING TOGETHER FAMILIES FROM NEW YORK CITY AND AROUND THE WORLD TO NURTURE EACH INDIVIDUAL, INCLUDING ENGLISH-LANGUAGE LEARNERS, WITHIN THE RESPECTFUL, INCLUSIVE, AND CARING COMMUNITY WE HOPE OUR GRADUATES WILL SPREAD EVERYWHERE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 WAS FIRST REVIEWED BY THE HEAD OF THE SCHOOL AND THE ACCOUNTANT. NEXT, THE TREASURER REVIEWED IT. THE OTHER BOARD MEMBERS MAY REQUEST TO SEE A COPY OF THE 990, AND IT IS PROVIDED TO THEM UPON REQUEST. Form 990, Part VI, Line 12c Conflict of interest policy ALL MAJOR CAPITAL EXPENDITURES GREATER THAN $5000 FALL UNDER THE BOARD'S REVIEW AND APPROVAL. BIDS ARE NOT TO COME FROM PARTIES RELATED TO IPS. CONFLICTS WOULD BE ADDRESSED ON AN INDIVIDUAL BASIS. CONFLICT OF INTEREST STATEMENTS MUST BE SIGNED BY ALL THE BOARD MEMBERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. THE BOARD MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY AND TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE DIRECTOR PROVIDES THE FINANCE COMMITTEE WITH DATA ON COMPARABLE SALARIES USING THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS SURVEY, INDEPENDENT SCHOOL MANAGEMENT SURVEY DATA; AND INDEPENDENT SCHOOL ASSOCIATION OF GREATER NEW YORK SURVEY MATERIAL. Form 990, Part VI, Line 19 Required documents available to the public THESE DOCUMENTS REMAIN PRIVATE, BUT SHOULD SOMEONE ASK TO REVIEW THEM, THE BOARD IS OPEN TO ALLOWING PUBLIC VIEWING UPON REQUEST.