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Nonprofit · EIN 02-0693987

MARTINSVILLE GIVING NEST INC

Tax-exempt · WATCHUNG, NJ 07069

Financials

$2M$1.6M2023$2.2M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MARTINSVILLE GIVING NEST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,241,237$1,569,872$671,365$1,714,344$182,013$1,532,331
December 31, 2023990$1,990,653$1,563,401$427,252$1,016,975$156,009$860,966
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$659,196
Program service revenue
$1,572,491
Investment income
$9,550
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,545
Compensation of officers, directors and key employees
$48,165
Other salaries and wages
$1,002,284
Salaries, compensation and benefits (total)
$1,282,975
Professional fundraising fees
$0
Legal fees
$600
Occupancy
$170,888
Travel
$1,271
Depreciation
$1,041
Program services (functional)
$1,444,376
Management and general (functional)
$125,496

Balance sheet and other

Total assets, start of year
$1,016,975
Total assets, end of year
$1,714,344
Total liabilities, end of year
$182,013
Net assets, end of year
$1,532,331
Land, buildings and equipment
$8,318
Net assets without donor restrictions
$1,532,331
Gross receipts
$2,241,237
Employees
117
Volunteers
48
Year formed
2001
State of legal domicile
NJ

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 / weekCompensationFrom related orgs
BARBARA MAXWELLDIRECTOR
Highest-paid employee
40$29,777$80,823
TARA GUNTHERBOARD MEMBER/CO-DIRECTOR
Trustee or director, Officer
41$19,846$49,000
KATHLEEN SMITHBOARD MEMBER/CO-DIRECTOR
Trustee or director, Officer
41$19,846$47,500
DEBORAH HANNONBOARD MEMBER/PRESIDENT
Trustee or director, Officer
26$8,473$57,000
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BARBARA MAXWELLDIRECTOR
Highest-paid employee
40$114,854
DEBORAH HANNONBOARD MEMBER
Trustee or director, Officer
40$82,461
TARA GUNTHERBOARD MEMBER
Trustee or director, Officer
–$0
ANN HANNONBOARD MEMBER
Trustee or director, Officer
–$0
KATHLEEN SMITHBOARD MEMBER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
461 WATCHUNG AVE, WATCHUNG, NJ 07069-4945
Principal officer (990 for 2024)
DEBORAH HANNON, 225 MOUNTAIN BLVD, WATCHUNG, NJ 07069
Signed the 990
DEBORAH HANNON, PRESIDENT
Phone
(908) 222-1003
Return prepared by
WISS & COMPANY LLP

Mission

OUR COMMITMENT IS TO PROVIDE OUR FAMILIES WITH THE HIGHEST QUALITY CHILD CARE AT AFFORDABLE RATES. THE GIVING NEST PROVIDES INDIVIDUALIZED ATTENTION TO ALL CHILDREN. BY KEEPING OUR CHILD/TEACHER RATIO BELOW STATE REGULATIONS OUR DEDICATED STAFF CAN PROVIDE THE ONE-ON-ONE ATTENTION YOUR CHILD DESERVES. EVERY CLASS FOLLOWS A CAREFULLY PLANNED DAILY SCHEDULE; OFFERING AMPLE TIME FOR LEARNING NEW THINGS, CREATING PROJECTS, SOCIALIZING WITH FRIENDS, EXPLORING THE DIVERSIFIED TOYS IN THE CLASSROOMS, AND PLAYING OUTSIDE IN OUR BEAUTIFUL, FENCED-IN PLAYGROUND.

990 for the year ended December 31, 2024

Program accomplishments

  • THE GIVING NEST PRESCHOOLS PROVIDE CHILDCARE, EARLY EDUCATION AND KINDERGARTEN CLASSES FOR CHILDREN AGE 2 TO 6 IN SOMERSET COUNTY LOCATED IN NORTHERN NEW JERSEY. THE MARTINSVILLE GIVING NEST HAS THREE LOCATIONS, WARREN, PLUCKEMIN AND WATCHUNG. THE WATCHUNG LOCATION ALSO HOUSES THE ADMINISTRATIVE AND PROGRAM SERVICES. WE HAVE BEEN AN ESTABLISHED AND BELOVED PART OF OUR COMMUNITY SINCE 2001. WE OFFER CHILDCARE FOR OVER 350 STUDENTS EACH YEAR. PART TIME, FULL TIME, AND EXTENDED CARE PROGRAMS ARE AVAILABLE AT EACH LOCATION; HOURS TYPICALLY RUN FROM 8:00 TO 5:00 MONDAY THROUGH FRIDAY, SEPTEMBER THROUGH JUNE. A SUMMER CAMP IS OFFERED AT BOTH THE WATCHUNG AND WARREN SCHOOLS. BESIDES CARING FOR OUR NEIGHBORHOOD YOUTH, WE ALSO EMPLOY OVER 70 LOCAL RESIDENTS AS TEACHERS, TEACHER ASSISTANTS AND OFFICE STAFF. OUR TEACHERS DEMONSTRATE THEIR RESPECT FOR CHILDREN BY ENCOURAGING THEM TO THINK CRITICALLY, MAKE THEIR OWN DECISIONS, SOLVE PROBLEMS INDEPENDENTLY, AND SHARE THEIR IDEAS AND EMOTIONS. CHILDREN THAT ATTEND OUR SCHOOLS LEARN AND PRACTICE SOCIAL SKILLS AND PARTICIPATE IN FUN AND EXCITING ACADEMIC LESSONS DAILY, ENSURING A SUCCESSFUL TRANSITION TO THE LOCAL GRAMMAR SCHOOLS ONCE THEY LEAVE US. BESIDES PROVIDING A SAFE AND NURTURING SCHOOL WE ARE ACUTELY AWARE OF THE HIGH COST OF CHILD CARE AND DO EVERYTHING POSSIBLE TO KEEP OUR COST REASONABLE FOR OUR PARENTS, OUR FEE IS CONSIDERABLY LOWER THAN DAY CARES IN OUR AREA.
    Expenses $1,444,376 · grants $1,545 · revenue $1,572,491

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
02-0693987
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$1,714,344
Income (IRS master file)
$2,241,237

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,241,237$1,569,872$1,714,344IRS
990December 2023$1,990,653$1,563,401$1,016,975XML
990December 2022$1,639,356$1,442,145$672,429IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 02-0693987).

Questions about MARTINSVILLE GIVING NEST INC

What is the EIN of MARTINSVILLE GIVING NEST INC?
The employer identification number (EIN) of MARTINSVILLE GIVING NEST INC is 02-0693987.
Is MARTINSVILLE GIVING NEST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to MARTINSVILLE GIVING NEST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARTINSVILLE GIVING NEST 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 MARTINSVILLE GIVING NEST 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 MARTINSVILLE GIVING NEST 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 MARTINSVILLE GIVING NEST INC?
The 990 for the year ended December 31, 2024 names DEBORAH HANNON.
Who are the officers and directors of MARTINSVILLE GIVING NEST INC?
The 990 for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $29,777 (BARBARA MAXWELL, DIRECTOR).
How much revenue does MARTINSVILLE GIVING NEST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,241,237, expenses of $1,569,872 and total assets of $1,714,344 at year end.

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