2025-06-02T08:20:49-05:00 2024-07-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2023-08-01 410988095 UNIVERSITY NURSERY SCHOOLS INC UNIV 2182690641 916 EAST 3RD STREET SUITE 1 DULUTH MN 55805 CHANNON RICHARDSON CEO 2182690641 2025-05-28 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2025-05-28 2023 2025-03-06 01:10:19Z CHANNON RICHARDSON 916 EAST 3RD STREET SUITE 1 DULUTH MN 55805 4654234 0 X WWW.UNIVERSITYNURSERYSCHOOL.ORG X 1972 MN THE MISSION OF THE UNIVERSITY NURSERY SCHOOL IS TO PREPARE THE CHILDREN IN OUR COMMUNITY FOR A SUCCESSFUL AND FULFILLING FUTURE THROUGHOUT THEIR EDUCATION AND BEYOND. WE STRIVE DAILY TO PROVIDE LOVING CARE, AS WELL AS HIGH QUALITY AND DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD EDUCATION, TO PROVIDE ENVIRONMENTS, EXAMPLES, AND EXPERIENCES THAT FOSTER THE DEVELOPMENT OF HEALTHY AND APPROPRIATE RELATIONSHIPS WITH SELF, OTHERS, AND OUR ENVIRONMENT, AND TO STIMULATE AND CULTIVATE COGNITIVE, EMOTIONAL, INTELLECTUAL, SOCIAL, AND PHYSICAL GROWTH. 11 11 132 12 0 0 293830 453513 3070164 4200696 628 0 3456 25 3368078 4654234 0 0 0 0 2603775 3694150 0 0 0 588728 831622 3192503 4525772 175575 128462 725175 790501 106725 104347 618450 686154 X THE MISSION OF THE UNIVERSITY NURSERY SCHOOL IS TO PREPARE THE CHILDREN IN OUR COMMUNITY FOR A SUCCESSFUL AND FULFILLING FUTURE THROUGHOUT THEIR EDUCATION AND BEYOND. WE STRIVE DAILY TO PROVIDE LOVING CARE, AS WELL AS HIGH QUALITY AND DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD EDUCATION, TO PROVIDE ENVIRONMENTS, EXAMPLES, AND EXPERIENCES THAT FOSTER THE DEVELOPMENT OF HEALTHY AND APPROPRIATE RELATIONSHIPS WITH SELF, OTHERS, AND OUR ENVIRONMENT, AND TO STIMULATE AND CULTIVATE COGNITIVE, EMOTIONAL, INTELLECTUAL, SOCIAL, AND PHYSICAL GROWTH. 1 0 3905698 0 4200696 UNIVERSITY NURSERY SCHOOLS, INC IS A NETWORK OF THREE CHILDCARE AND EARLY CHILDHOOD EDUCATION CENTERS THROUGHOUT THE CITY OF DULUTH, MN. OUR CENTERS COMBINED SERVE AND CARE FOR UP TO 330 CHILDREN, AGES 6 WEEKS TO 6 YEARS. OUR CENTERS ARE OPEN MONDAY THROUGH FRIDAY, YEAR-ROUND. 3905698 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 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 1 0 0 132 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X TRACY GOULET 2182690641 916 EAST 3RD STREET SUITE 1 DULUTH MN 55805 JAMES JONES PRESIDENT 1.00 X X 0 0 0 CODY PRIVETTE VICE PRESIDENT 1.00 X X 0 0 0 NICOLE TOMBERS SECRETARY 1.00 X X 0 0 0 JUSTIN REIMER TREASURER 1.00 X X 0 0 0 KELLIE DYESS BOARD MEMBER 1.00 X 0 0 0 LEAH FOSTER BOARD MEMBER 1.00 X 0 0 0 CHIZOBA OKECHUKWU MD BOARD MEMBER 1.00 X 0 0 0 PHILIP OLSON BOARD MEMBER (THRU 09/23) 1.00 X 0 0 0 JODY TUCKER BOARD MEMBER 1.00 X 0 0 0 CHRISTINA WALLIN BOARD MEMBER 1.00 X 0 0 0 MAREN WEBB BOARD MEMBER 1.00 X 0 0 0 MEL WINKLER BOARD MEMBER 1.00 X 0 0 0 TRACY GOULET CFO 45.00 X 105225 0 11380 CHANNON RICHARDSON CEO 45.00 X 96731 0 0 201956 0 11380 1 0 0 0 0 375303 78210 453513 TUITION FEES 624410 4200696 4200696 4200696 25 25 25 4654234 4200696 0 25 219476 109739 109737 3149173 2749933 399240 57791 52802 4989 267710 240939 26771 4700 4700 33477 30129 3348 1936 1936 18923 9461 9462 497312 447581 49731 534 534 2250 2250 33567 16783 16784 SUPPLIES 99538 99538 FOOD SERVICE 83829 83829 REPAIRS AND MAINTENANCE 17524 17524 PROF. DEVELOPMENT 8595 8595 29437 29425 12 4525772 3905698 620074 0 212368 146968 208169 306595 193931 228481 370 370 3897 3897 157724 70534 89440 87190 17000 17000 725175 790501 10837 9562 25779 17751 70109 77034 106725 104347 X 0 0 0 0 618450 686154 618450 686154 725175 790501 128462 -60758 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1816 1816 0 155908 68718 87190 87190 REGISTRATION DEPOSIT 77034 77034 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED 09/02/2023 AND 10/09/2024 IN THE DULUTH NEWS-TRIBUNE. FORM 990, PART III, LINE 2 AS OF 1/1/2024, UNIVERSITY NURSERY SCHOOLS, INC. ABSORBED BOTH LITTLE HEARTS CHILD CARE CENTER AND LITTLE HEARTS - SWAN LAKE, TWO EXISTING NONPROFIT CHILDCARE CENTERS. THE NEW CENTERS ARE NOW UNIVERSITY NURSERY SCHOOL ARLINGTON AND UNIVERSITY NURSERY SCHOOL - SWAN LAKE. UNIVERSITY NURSERY SCHOOL HAS ASSUMED ALL RESPONSIBILITY FOR THE OPERATION OF BOTH CENTERS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS, THE EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND ALL PROGRAM DIRECTORS. ON AN ANNUAL BASIS THESE INDIVIDUALS REVIEW ANY POTENTIAL BOARD MEMBER CONFLICTS, AND THE EXECUTIVE DIRECTOR REVIEWS ALL OTHER POTENTIAL CONFLICTS. BOARD MEMBERS CANNOT VOTE ON CONFLICT ITEMS AND OTHER OFFICERS AND DIRECTORS CANNOT MAKE DECISIONS IN AREAS WITH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ANNUALLY ANALYZES COMPENSATION INFORMATION FROM SIMILARLY SITUATED ORGANIZATIONS THROUGH THE MINNESOTA ASSOCIATION OF COMMUNITY HEALTH PROVIDERS' SALARY SURVEY WHEN DETERMINING THE EXECUTIVE DIRECTOR'S SALARY. THE BOARD OF DIRECTORS ALSO CONSIDERS PAY EQUITY WITHIN THE ORGANIZATION. COMPENSATION FOR THE CFO WAS DETERMINED BY THE EXECUTIVE DIRECTOR. COMPENSATION SURVEYS AND PAY EQUITY WITHIN THE ORGANIZATION WERE USED TO DETERMINE THIS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.