French & Montessori Education Inc
- Assets
- $8.6m
- Revenue
- $13.4m
- Investments
- $986.9k
- Employees
- 226
- Location
- New Orleans, LA
- Founding
- 02/2006
- Data as of
- 06/2021
- EIN
- 20-3694026
Organization Overview
French & Montessori Education Inc is located in New Orleans, LA. The organization was established in 2006. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, French & Montessori Education Inc employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French & Montessori Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, French & Montessori Education Inc generated $13.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $13.9m during the year ending 06/2021. While expenses have increased by 7.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL PROVIDING MONTESSORI AND FRENCH EDUCATION FOR STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH 8TH GRADE. THE FORMATION OF THE SCHOOL WAS IN RESPONSE TO THE DEVASTATION LEFT BY HURRICANE KATRINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH ITS MONTESSORI AND FRENCH PROGRAMS, AUDUBON CHARTER SCHOOL HAS CREATED AN ADVANCED LEARNING ENVIRONMENT DRIVEN BY CURRICULA DESIGNED TO DRAW HIGHLY-MOTIVATED, HIGH-ACHIEVING STUDENTS. AUDUBON CHARTER SCHOOL TEACHES PRE-KINDERGARTEN THROUGH 8TH GRADE. 1,134 STUDENTS ATTENDED DURING THE 2020-2021 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latoya Brown CEO | Officer | 50 | $114,360 |
Justin Anderson Director Of Finance | Officer | 50 | $73,709 |
Kendal Turner CFO | Officer | 50 | $54,201 |
Dorcas Omajola Secretary | OfficerTrustee | 0.5 | $0 |
Jorge Perez Treasurer | OfficerTrustee | 0.5 | $0 |
Brendan Connick Vice-Chairperson | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pigeon Catering Food Services | 6/29/21 | $151,286 |
Summit Integration Systems Video Conferencing Service | 6/29/21 | $130,960 |
Empire Janitorial Sales & Service Total Janitorial Service | 6/29/21 | $174,597 |
Hubbard & Tennyson Llc Speech/language Consultants | 6/29/21 | $169,061 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,600,804 |
| All other contributions, gifts, grants, and similar amounts not included above | $377,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,978,186 |
| Total Program Service Revenue | $227,071 |
| Investment income | $235 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,913 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,354,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $282,418 |
| Compensation of current officers, directors, key employees. | $172,786 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,226,179 |
| Pension plan accruals and contributions | $1,309,596 |
| Other employee benefits | $1,046,644 |
| Payroll taxes | $226,186 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,009 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,793,068 |
| Advertising and promotion | $0 |
| Office expenses | $35,128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $155,501 |
| Travel | $112,300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $119,247 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $450,735 |
| Insurance | $54,869 |
| All other expenses | $36,593 |
| Total functional expenses | $13,919,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,621,530 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,607,232 |
| Accounts receivable, net | $3,304 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,097 |
| Net Land, buildings, and equipment | $3,378,045 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $986,852 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,632,060 |
| Accounts payable and accrued expenses | $893,400 |
| Grants payable | $0 |
| Deferred revenue | $101,647 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,119,756 |
| Total liabilities | $3,114,803 |
| Net assets without donor restrictions | $5,517,257 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,632,060 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that French & Montessori Education Inc has recieved totaling $72,742.
| Awarding Organization | Amount |
|---|---|
The Greater New Orleans Foundation New Orleans, LA PURPOSE: EDUCATION | $32,742 |
Charter Fund Inc Broomfield, CO PURPOSE: EMERGENCY RELIEF | $25,000 |
Pro Bono Publico Foundation New Orleans, LA PURPOSE: TECHNOLOGY TO PREPARE MIDDLE SCHOOL STUDENTS TO MASTER NEW MATH/SCIENCE STANDARDS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Academy Addison, TX | $65,459,089 | $30,244,253 |
St Andrews Episcopal School Inc Austin, TX | $93,484,492 | $28,935,515 |
Community School For Apprenticeship Learning Inc Baton Rouge, LA | $35,523,575 | $32,794,554 |
Metairie Park Country Day School Metairie, LA | $48,222,871 | $23,246,338 |
Idea Public Schools Louisiana Inc Baton Rouge, LA | $5,073,579 | $25,941,968 |
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
Madison-Ridgeland Academy Madison, MS | $29,135,034 | $17,543,993 |
French & Montessori Education Inc New Orleans, LA | $8,632,060 | $13,354,447 |
Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |