Montessori Society Of Champaign-Urbana Incorporated
- Assets
- $3.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 41
- Location
- Savoy, IL
- Founding
- 04/1965
- Data as of
- 07/2023
- EIN
- 37-0842737
Organization Overview
Montessori Society Of Champaign-Urbana Incorporated is located in Savoy, IL. The organization was established in 1965. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2023, Montessori Society Of Champaign-Urbana Incorporated employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Society Of Champaign-Urbana Incorporated 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 07/2023, Montessori Society Of Champaign-Urbana Incorporated generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $1.9m during the year ending 07/2023. While expenses have increased by 6.5% per year over the past 8 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
THE MONTESSORI SCHOOL OF CHAMPAIGN URBANA STIMULATES THE NATURAL CURIOSITY OF CHILDREN THROUGH HANDS-ON PREPARED ENVIRONMENTS TO BE SELF-DIRECTED, COMPASSIONATE AND INNOVATIVE THINKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING AND CARE OF CHILDREN AGES 15 MONTHS TO TWELVE YEARS USING THE MONTESSORI EDUCATIONAL METHODS AND PHILOSOPHIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ahbleza Boltinghouse Administrator | Officer | 40 | $36,120 |
Lisan Smith President | OfficerTrustee | 4 | $0 |
Jessica Holmes Vice President | OfficerTrustee | 4 | $0 |
Kerry Issac-Rossow Administrator | Officer | 40 | $83,313 |
Kortney Kay Jones Secretary | OfficerTrustee | 4 | $0 |
Derek Hoiem Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,170 |
| Related organizations | $0 |
| Government grants | $53,230 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,746 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,146 |
| Total Program Service Revenue | $2,176,064 |
| Investment income | $3,896 |
| 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 | $2,243,193 |
| 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. | $140,980 |
| Compensation of current officers, directors, key employees. | $140,980 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,071,460 |
| Pension plan accruals and contributions | $62,169 |
| Other employee benefits | $0 |
| Payroll taxes | $109,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,966 |
| Fees for services: Accounting | $19,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,000 |
| Office expenses | $21,905 |
| Information technology | $2,751 |
| Royalties | $0 |
| Occupancy | $188,612 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,139 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,731 |
| Insurance | $34,760 |
| All other expenses | $21,044 |
| Total functional expenses | $1,907,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $912,436 |
| Savings and temporary cash investments | $545,369 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,843 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,321,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,852,582 |
| Accounts payable and accrued expenses | $69,463 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $991,095 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $124,618 |
| Total liabilities | $1,185,176 |
| Net assets without donor restrictions | $2,667,406 |
| 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 | $3,852,582 |