Villa Montessori School Ltd
- Assets
- $1.2m
- Revenue
- $890.6k
- Investments
- $0.0
- Employees
- 22
- Location
- Moline, IL
- Founding
- 03/1984
- Data as of
- 05/2023
- EIN
- 36-3200060
Organization Overview
Villa Montessori School Ltd is located in Moline, IL. The organization was established in 1984. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2023, Villa Montessori School Ltd employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Villa Montessori School Ltd 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 05/2023, Villa Montessori School Ltd generated $890.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $841.2k during the year ending 05/2023. While expenses have increased by 10.8% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRESCHOOL, DAY CARE SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIMARY/PRESCHOOL/TODDLER/DAY CARE PROGRAM PROVIDES STUDENTS WITH ELEMENTARY PRESCHOOL AND DAY CARE SERVICE USING THE MONTESSORI METHOD OF TEACHING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Detloff Head Of School | 40 | $94,950 | |
Joe Lundry President | OfficerTrustee | 1 | $0 |
Michael Downey Secretary | OfficerTrustee | 1 | $0 |
Amanda Bergeson Director | Trustee | 1 | $0 |
Caitlin Breedlove Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,025 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,641 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,666 |
| Total Program Service Revenue | $838,921 |
| Investment income | -$2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $890,585 |
| 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. | $94,950 |
| Compensation of current officers, directors, key employees. | $950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $482,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $322 |
| Payroll taxes | $46,057 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,108 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $345 |
| Office expenses | $7,610 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,086 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,067 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,357 |
| Insurance | $17,009 |
| All other expenses | $3,267 |
| Total functional expenses | $841,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,780 |
| Savings and temporary cash investments | $395,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $85,825 |
| 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 | $448 |
| Net Land, buildings, and equipment | $615,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $853 |
| Total assets | $1,157,464 |
| Accounts payable and accrued expenses | $45,984 |
| Grants payable | $0 |
| Deferred revenue | $91,396 |
| 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 | $272,926 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $410,306 |
| Net assets without donor restrictions | $747,158 |
| 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 | $1,157,464 |