Nonprofit · EIN 84-2910275
OCEAN BREEZE SCHOOL INC
Tax-exempt · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $565,580 | $541,479 | $24,101 | $135,941 | $0 | $135,941 |
| June 30, 2024 | 990 | $588,589 | $513,244 | $75,345 | $128,057 | $0 | $128,057 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $41,228
- Program service revenue
- $521,011
- Investment income
- $0
- Net income from fundraising events
- $3,341
- Other revenue
- $3,341
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,552
- Other salaries and wages
- $292,173
- Salaries, compensation and benefits (total)
- $412,916
- Professional fundraising fees
- $0
- Occupancy
- $55,000
- Travel
- $20
- Depreciation
- $2,703
- Program services (functional)
- $439,683
- Management and general (functional)
- $101,796
Balance sheet and other
- Total assets, start of year
- $128,057
- Total assets, end of year
- $135,941
- Total liabilities, end of year
- $0
- Net assets, end of year
- $135,941
- Net assets without donor restrictions
- $135,941
- Gross receipts
- $569,549
- Employees
- 11
- Volunteers
- 1
- Year formed
- 2021
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KASANDRA CORREALE | VICE PRESIDENT Trustee or director, Officer | 40 | $81,552 |
| SCHUYLER DEPAUW | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KASANDRA CORREALE | VICE PRESIDENT Trustee or director, Officer | 40 | $75,890 |
| ALYCIA MICELI | TREASURER Trustee or director, Officer | 40 | $45,769 |
| SCHUYLER DEPAUW | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 67 CORNELL RD, MARBLEHEAD, MA 01945-2143
- Principal officer (990 for 2024)
- KASANDRA CORREALE, 67 CORNELL RD, MARBLEHEAD, MA 01945
- Signed the 990
- KASANDRA CORREALE, VICE PRESIDENT
- Phone
- (781) 605-7611
- Website
- OCEANBREEZESCHOOL.ORG
- Return prepared by
- L & D FINANCIAL SERVICES INC
Mission
THE EDUCATION OF CHILDREN FOR AGES RANGING FROM 8 MONTHS TO 5 YEARS OF AGE.
Program accomplishments
- EDUCATIONAL SERVICES PROVIDED TO CHILDREN RANGING FROM 8 MONTHS OF AGE TO 5 YEARS OF AGE. THE PRIMARY OBJECTIVE WAS TO PROVIDE BASIC LEARNING SKILLS THROUGH HANDS-ON ACTIVITIES.Expenses $439,683 · revenue $521,011
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2910275
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B21)
- Assets (IRS master file)
- $135,941
- Income (IRS master file)
- $569,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $565,580 | $541,479 | $135,941 | XML |
| 990 | June 2024 | $588,589 | $513,244 | $128,057 | XML |
| 990 | June 2023 | $410,468 | $402,067 | $52,712 | IRS |
| 990 | June 2022 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 84-2910275).
Questions about OCEAN BREEZE SCHOOL INC
- What is the EIN of OCEAN BREEZE SCHOOL INC?
- The employer identification number (EIN) of OCEAN BREEZE SCHOOL INC is 84-2910275.
- Is OCEAN BREEZE SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to OCEAN BREEZE SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCEAN BREEZE SCHOOL 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 OCEAN BREEZE SCHOOL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OCEAN BREEZE SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of OCEAN BREEZE SCHOOL INC?
- The 990 for the year ended June 30, 2025 names KASANDRA CORREALE.
- Who are the officers and directors of OCEAN BREEZE SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 2 people; 1 received compensation from the organization, the highest $81,552 (KASANDRA CORREALE, VICE PRESIDENT).
- How much revenue does OCEAN BREEZE SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $565,580, expenses of $541,479 and total assets of $135,941 at year end.
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