Cedar Valley Montessori School Inc is located in Cedar Rapids, IA. The organization was established in 1971. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2022, Cedar Valley Montessori School Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Valley 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 08/2022, Cedar Valley Montessori School Inc generated $1.4m in total revenue. All expenses for the organization totaled $1.1m during the year ending 08/2022. While expenses have increased by 53.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION & DAY CARE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PURPOSE OF THE SCHOOL IS TO PROVIDE EDUCATION AND DAY CARE PROGRAMS FOR PRESCHOOL AND ELEMENTARY STUDENTS. APPROXIMATELY 124 CHILDREN WERE SERVED DURING 09/01/2021 - 08/31/2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcia Hughes Head Of School | OfficerTrustee | 40 | $63,700 |
Stephanie Tucker President | OfficerTrustee | 1 | $0 |
Katie Golobic Secretary | OfficerTrustee | 1 | $0 |
Chuck Foster Treasurer | OfficerTrustee | 1 | $0 |
Emily Anderson Legal | Trustee | 1 | $0 |
David Peterson Technology | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $371,093 |
All other contributions, gifts, grants, and similar amounts not included above | $39,605 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $410,698 |
Total Program Service Revenue | $1,034,262 |
Investment income | $920 |
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 | $1,440,632 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $43,357 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $63,700 |
Compensation of current officers, directors, key employees. | $12,740 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $661,229 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,928 |
Payroll taxes | $53,113 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,960 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,431 |
Office expenses | $5,324 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $131,915 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,710 |
Insurance | $19,309 |
All other expenses | $48,127 |
Total functional expenses | $1,142,587 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $578,343 |
Savings and temporary cash investments | $369,162 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$17,115 |
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 | $150 |
Net Land, buildings, and equipment | $72,573 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $29,943 |
Total assets | $1,033,056 |
Accounts payable and accrued expenses | $51,111 |
Grants payable | $0 |
Deferred revenue | $6,650 |
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 | $0 |
Total liabilities | $57,761 |
Net assets without donor restrictions | $0 |
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 | $975,295 |
Total liabilities and net assets/fund balances | $1,033,056 |
Over the last fiscal year, we have identified 1 grants that Cedar Valley Montessori School Inc has recieved totaling $281.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $281 |
Beg. Balance | $35,036 |
Earnings | -$4,898 |
Admin Expense | $195 |
Ending Balance | $29,943 |
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Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
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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 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Lake Area Discovery Center White Bear Lake, MN | $2,847,181 | $7,699,616 |
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