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Nonprofit · EIN 77-0050078

CHILDRENS PRE-SCHOOL CENTER INC

Tax-exempt · PALO ALTO, CA 94303

Financials

$3.7M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of CHILDRENS PRE-SCHOOL CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,676,794$3,340,413$336,381$909,560$237,039$672,521
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,155
Program service revenue
$3,654,441
Investment income
$4,544
Other revenue
$654

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$141,726
Other salaries and wages
$1,876,814
Salaries, compensation and benefits (total)
$2,610,746
Professional fundraising fees
$0
Accounting fees
$44,441
Occupancy
$36,353
Depreciation
$15,739
Program services (functional)
$2,927,516
Management and general (functional)
$412,897

Balance sheet and other

Total assets, start of year
$590,534
Total assets, end of year
$909,560
Total liabilities, end of year
$237,039
Net assets, end of year
$672,521
Land, buildings and equipment
$61,949
Net assets without donor restrictions
$672,521
Gross receipts
$3,676,794
Employees
45
Volunteers
15
Year formed
1984
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
OLLIA YENIKOMSHIANEXECUTIVE DIRECTOR
Trustee or director, Officer
40$141,725$17,259
MAYRA HOWARDEXECUTIVE DIRECTOR
Trustee or director, Officer
40$0$0
WONYOUNG KIMCO-CHAIR
Trustee or director, Officer
2$0$0
GEORGIANA KUHLMANNCO-CHAIR UNTIL AUG 2024
Trustee or director, Officer
2$0$0
TRANG VUONGTREASURER
Trustee or director, Officer
1$0$0
AMRITA DAMANIBOARD MEMBER
Trustee or director
1$0$0
DARY GRINOLDSBOARD MEMBER
Trustee or director
1$0$0
PATTY HOBOARD MEMBER
Trustee or director
1$0$0
JEREMY KARNOWSKIBOARD MEMBER
Trustee or director
1$0$0
LIZZY RAGNOBOARD MEMBER
Trustee or director
1$0$0
EDUARDO ALVARADO SANCHEZBOARD MEMBER
Trustee or director
1$0$0
ANKIT SHARMABOARD MEMBER
Trustee or director
1$0$0
BRIANNA VAN ERPBOARD MEMBER UNTIL AUG 2024
Trustee or director
1$0$0
MING YANBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4000 MIDDLEFIELD RD STE T1, PALO ALTO, CA 94303-4762
Principal officer (990 for 2024)
WONYOUNG KIM, 4000 MIDDLEFIELD ROAD T1, PALO ALTO, CA 94303
Signed the 990
WONYOUNG KIM, CHAIR, BOARD OF DIRECTORS
Phone
(650) 493-5770
Return prepared by
KARLSSON & LANE AN ACCOUNTANCY CORP

Mission

THE CENTER'S MISSION IS TO SUPPORT WORKING FAMILIES BY PROVIDING HIGH QUALITY CHILD CARE FOR CHILDREN AGED SIX WEEKS TO SIX YEARS.

990 for the year ended December 31, 2024

Program accomplishments

  • PREPARING PRESCHOOL AGE CHILDREN FOR SUBSEQUENT SCHOOLING, THE FACILITY IS LICENSED FOR 150 FULL TIME STUDENTS
    Expenses $2,927,516 · revenue $3,654,441

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
77-0050078
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$909,560
Income (IRS master file)
$3,676,794

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$3,117,007$3,199,555$590,534IRS
990December 2022$3,346,115$3,596,195$647,880IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CHILDRENS PRE-SCHOOL CENTER INC

What is the EIN of CHILDRENS PRE-SCHOOL CENTER INC?
The employer identification number (EIN) of CHILDRENS PRE-SCHOOL CENTER INC is 77-0050078.
Is CHILDRENS PRE-SCHOOL CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to CHILDRENS PRE-SCHOOL CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHILDRENS PRE-SCHOOL CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHILDRENS PRE-SCHOOL CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHILDRENS PRE-SCHOOL CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHILDRENS PRE-SCHOOL CENTER INC?
The 990 for the year ended December 31, 2024 names WONYOUNG KIM.
Who are the officers and directors of CHILDRENS PRE-SCHOOL CENTER INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $141,725 (OLLIA YENIKOMSHIAN, EXECUTIVE DIRECTOR).
How much revenue does CHILDRENS PRE-SCHOOL CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,676,794, expenses of $3,340,413 and total assets of $909,560 at year end.

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