2025-10-24T12:25:21-05:00 2025-06-30 113266576 GRASSI & CO CPA'S PC 6 OMNI WAY SUITE 201 CHELMSFORD MA 01824 990 2024-07-01 042104403 LOWELL DAY NURSERY ASSOCIATION INC LOWE 9784545981 119 HALL STREET LOWELL MA 01854 NORMAN BOISSONNEAULT PRESIDENT 9784545981 2025-10-24 1 0 JAYNE A ANDREWS P00514653 9784522500 2025-10-24 2024 2025-03-06 01:10:19Z LINA GRUCA 119 HALL STREET LOWELL MA 01854 1906971 0 X LOWELLDAYNURSERY.COM X 1885 MA TO PROVIDE A HIGH STANDARD OF EDUCATION AND CARE FOR TODDLERS, PRESCHOOL AND KINDERGARTEN CHILDREN BY HAVING A WELL EDUCATED WORKFORCE, A PARTNERSHIP WITH PARENTS, AND MUTUAL RESPECT FOR ALL. 8 8 53 0 0 0 1451156 1576118 362972 309387 2149 21466 5255 0 1821532 1906971 0 0 0 0 1230712 1295971 0 0 0 337003 475617 1567715 1771588 253817 135383 1688111 1832648 111409 120563 1576702 1712085 X TO PROVIDE A HIGH STANDARD OF EDUCATION AND CARE FOR TODDLERS, PRESCHOOL AND KINDERGARTEN CHILDREN BY HAVING A WELL EDUCATED WORKFORCE, A PARTNERSHIP WITH PARENTS, AND MUTUAL RESPECT FOR ALL. 0 0 1005687 309387 CARE AND TEACHING OF AN AVERAGE 100 STUDENTS AGE TWO YEARS, NINE MONTHS THROUGH KINDERGARTEN. 284320 PLANT MAINTENANCE. 165997 SCHOOL LUNCH PROGRAM - PROVIDE BREAKFAST, LUNCH, SNACK FOR ALL CHILDREN ATTENDING. 74750 SOCIAL SERVICE - MONITOR GROWTH & SOCIAL DEVELOPMENT OF THOSE CHILDREN EITHER SOCIALLY OR ECONOMICALLY DISADVANTAGED. 74750 1530754 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 0 0 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X THE ORGANIZATION 9784545981 119 HALL STREET LOWELL MA 01854 NORMAND BOISSONNEAULT PRESIDENT 1.00 X X 0 0 0 BRIAN LEAHY VICE PRESIDENT 1.00 X X 0 0 0 PAULINE KING TREASURER 1.00 X X 0 0 0 ANGELA VELOSO DIRECTOR 1.00 X 0 0 0 MEAGHAN LALLY-MCGURL CLERK 1.00 X X 0 0 0 ATHALIA GONZALEZ DIRECTOR 1.00 X 0 0 0 DIEDRE CONNOLLY DIRECTOR 1.00 X 0 0 0 ELIZABETH DICK DIRECTOR 1.00 X 0 0 0 LINA GRUCA EXECUTIVE DIRECTOR 40.00 X 92367 0 440 92367 0 440 0 0 0 0 0 1561856 14262 1576118 TUITION & FEES 611600 309387 309387 309387 21466 21466 1906971 309387 0 21466 90798 41767 49031 1037022 933067 103955 56605 49114 7491 111546 96432 15114 19450 19450 6687 5781 906 6837 6837 125684 119883 5801 339 213 126 7364 6366 998 234 234 57390 54328 3062 15626 15626 SUPPLIES 102277 83677 18600 FOOD EXPENSE 72187 72187 MISCELLANEOUS 61542 52313 9229 1771588 1530754 240834 0 362770 348039 448790 523213 102646 112215 6918 5396 15292 17030 1854269 1031988 744159 822281 7536 4474 1688111 1832648 101205 114274 2291 1577 7913 4712 111409 120563 X 1576702 1712085 1576702 1712085 1688111 1832648 135383 0 X 0 1 X 1 0 X 936709 1230990 1374435 1451156 1576119 6569409 147071 323523 378442 362972 309387 1521395 5255 5255 1083780 1554513 1752877 1819383 1885506 8096059 0 0 0 8096059 294 472 1055 2149 21466 25436 294 472 1055 2149 21466 25436 1084074 1554985 1753932 1821532 1906972 8121495 0.99690 0.99830 0.00310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60000 60000 1593201 909383 683818 201068 122605 78463 822281 FINANCING LEASE PAYABLE 4712 4712 X 1906971 0 1906971 0 1906971 1771588 0 1771588 0 1771588 PART X, LINE 2: THE NURSERY, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE NURSERY IS REQUIRED BY ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE NURSERY'S FINANCIAL STATEMENTS. THE NURSERY REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. THE NURSERY BELIEVES IT IS NO LONGER SUBJECT TO REVIEW BY THESE TAXING AUTHORITIES FOR YEARS BEFORE 2022. SUBSTANTIALLY ALL OF THE NURSERY'S INCOME, EXPENDITURES, AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE NURSERY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD OF DIRECTORS AT A REGULAR BOARD MEETING. THE 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED TO FILL OUT A FORM AND RETURN TO THE NURSERY'SEXECUTIVE DIRECTOR, WHO KEEPS THEM ON FILE AT THE NURSERY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS MEETS IN EXECUTIVE SESSION TO DISCUSS COMPENSATION FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 TAX RETURN IS AVAILABLE FOR INSPECTION AT THE OFFICE OF THE NURSERY DURING NORMAL BUSINESS HOURS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE OFFICE OF THE NURSERY DURING NORMAL BUSINESS HOURS. THESE DOCUMENTS CAN BE COPIED UPON REQUEST AND FOR A NOMINAL FEE.