Montessori Childrens School
- Assets
- $1.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 42
- Location
- Jacksonville, NC
- Founding
- 03/2001
- Data as of
- 05/2023
- EIN
- 56-1930956
Organization Overview
Montessori Childrens School is located in Jacksonville, NC. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 05/2023, Montessori Childrens School employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Childrens School 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, Montessori Childrens School generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.1m during the year ending 05/2023. While expenses have increased by 0.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CARE AND EDUCATION OF CHILDREN 2 YEARS THRU 12 YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION TO CHILDREN UNDER THE MONTESSORI CONCEPT OF LEARNING FOR AGES 2 YEARS THROUGH 12 YEARS.
TO PROVIDE EDUCATION TO CHILDREN UNDER THE MONTESSORI CONCEPT OF LEARNING FOR AGES 2 YEARS THROUGH 12 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Brusaw Head Of Scho | Trustee | 40 | $64,383 |
Joe Adams Board Member | Trustee | 5 | $0 |
Shaehmus Sawyer Board Member | Trustee | 5 | $0 |
Peter Willet Board Member | Trustee | 5 | $0 |
Shelley Freeman Secretary | Officer | 5 | $0 |
Bethany Long President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,405 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,107 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,512 |
| Total Program Service Revenue | $1,037,818 |
| Investment income | $46 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,287 |
| Net Income from Fundraising Events | $16,537 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,215,830 |
| 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. | $64,383 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $688,022 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,574 |
| Payroll taxes | $57,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,517 |
| Travel | $1,194 |
| 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 | $48,358 |
| Insurance | $37,750 |
| All other expenses | $18,946 |
| Total functional expenses | $1,141,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,810 |
| Savings and temporary cash investments | $1,637 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,425 |
| 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 | $911,631 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,158 |
| Other assets | $45,592 |
| Total assets | $1,549,253 |
| Accounts payable and accrued expenses | $7,790 |
| Grants payable | $0 |
| Deferred revenue | $62,824 |
| 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 | $879,222 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $949,836 |
| Net assets without donor restrictions | $599,417 |
| 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 | $1,549,253 |