Madison Community Montessori School Inc
- Assets
- $4.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 41
- Location
- Middleton, WI
- Founding
- 09/1984
- Data as of
- 07/2021
- EIN
- 39-1488030
Organization Overview
Madison Community Montessori School Inc is located in Middleton, WI. 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 07/2021, Madison Community Montessori School Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Community Montessori School 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 07/2021, Madison Community Montessori School Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $1.4m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 6 years. 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
MADISON COMMUNITY MONTESSORI SCHOOL IS A PRIVATE, INDEPENDENT, NON-PROFIT SCHOOL ACCREDITED BY THE ASSOCIATION MONTESSORI INTERNATIONALE. THE SCHOOL HAS SERVED FAMILIES FROM THE GREATER MADISON AREA SINCE 1972.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADISON COMMUNITY MONTESSORI SCHOOL OFFERS A WIDE RANGE OF PROGRAMS FOR CHILDREN AGES 15 MONTHS THROUGH 14. IN ADDITION TO THE CORE MONTESSORI CURRICULUM, CHILDREN'S HOUSE AND ELEMENTARY AFTER SCHOOL PROGRAMS ARE OFFERED FOR FAMILIES NEEDING EXTENDED CARE. WE NOW ENROLL 160 STUDENTS IN ONE TODDLER COMMUNITY FOR CHILDREN AGES 15 MONTHS TO 3 YEARS, THREE CHILDREN'S HOUSE CLASSROOMS FOR CHILDREN AGES 3 THROUGH 6, TWO LOWER ELEMENTARY CLASSROOMS FOR CHILDREN AGES 6 THROUGH 9, ONE UPPER ELEMENTARY CLASSROOM FOR CHILDREN AGES 9 THROUGH 12, AND ONE ADOLESCENT CLASSROOM FOR CHILDREN AGES 12 THROUGH 14.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Freiberg Head Of School | Officer | 40 | $31,154 |
Jessica Hermsen Vice Chair | OfficerTrustee | 3 | $0 |
Gary Harutunian Treasurer | OfficerTrustee | 3 | $0 |
Amy Jester Chair | OfficerTrustee | 3 | $0 |
Abby Alexander Chair | OfficerTrustee | 3 | $0 |
Brandon Baldock Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,646 |
| Noncash contributions included in lines 1a–1f | $4,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,646 |
| Total Program Service Revenue | $1,156,179 |
| Investment income | $8,312 |
| 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 | $1,241,569 |
| 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. | $84,918 |
| Compensation of current officers, directors, key employees. | $25,475 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $771,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,277 |
| Payroll taxes | $70,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $266 |
| Fees for services: Accounting | $1,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,084 |
| Advertising and promotion | $10,559 |
| Office expenses | $47,452 |
| Information technology | $16,759 |
| Royalties | $0 |
| Occupancy | $199,821 |
| Travel | $11,823 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,020 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,046 |
| Insurance | $24,517 |
| All other expenses | $0 |
| Total functional expenses | $1,440,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $537,210 |
| Savings and temporary cash investments | $1,042,277 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,342 |
| 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 | $23,855 |
| Net Land, buildings, and equipment | $2,394,063 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,514 |
| Total assets | $4,043,261 |
| Accounts payable and accrued expenses | $43,180 |
| Grants payable | $0 |
| Deferred revenue | $5,280 |
| 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 | $1,725,295 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $713,350 |
| Total liabilities | $2,487,105 |
| Net assets without donor restrictions | $1,518,642 |
| Net assets with donor restrictions | $37,514 |
| 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 | $4,043,261 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madison Community Montessori School Inc has recieved totaling $294.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $294 |
Endowment Analysis
| Beg. Balance | $30,801 |
| Admin Expense | $1,301 |
| Net Contributions | $8,014 |
| Ending Balance | $37,514 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Chiaravalle Montessori School Evanston, IL | $20,991,628 | $8,509,054 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Lake Area Discovery Center White Bear Lake, MN | $2,847,181 | $7,699,616 |
Metropolitan Children And Youth Inc Detroit, MI | $1,358,627 | $5,984,825 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Lake Country School Montessori Learning Environments Minneapolis, MN | $16,072,245 | $6,022,305 |
Wisconsin Montessori Society Inc Milwaukee, WI | $12,863,252 | $6,437,977 |