Sea Pines Montessori School is located in Hilton Head Island, SC. The organization was established in 1980. 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, Sea Pines Montessori School employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sea Pines Montessori 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 07/2021, Sea Pines Montessori School generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.2m during the year ending 07/2021. While expenses have increased by 3.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE EACH CHILD WITH THE BEST FOUNDATION FOR CHARACTER DEVELOPMENT AND ACADEMIC DISCOVERY WHILE PROMOTING LEADERSHIP AND CONFIDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS COSTS ASSOCIATED WITH PROGRAMS WHICH PROVIDE A MONTESSORI-BASED EDUCATION TO STUDENTS OF THE SCHOOL/ORGANIZATION. SEE COLUMN B OF PAGE 10 FOR FURTHER DETAILS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melinda Cotter Previous Head Of School | Officer | 40 | $70,277 |
Margaret Fletcher Interim Head Of School | Officer | 40 | $61,367 |
Nicole Roberts Chair | Trustee | 2 | $0 |
Cliff Mcmackin Vice Chair | Trustee | 2 | $0 |
Alisa Mccray Member | Trustee | 2 | $0 |
Rick Culbreth Treasurer | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $302,680 |
All other contributions, gifts, grants, and similar amounts not included above | $43,799 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $346,479 |
Total Program Service Revenue | $1,845,749 |
Investment income | $3,437 |
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 | $2,227,938 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $282,700 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $131,643 |
Compensation of current officers, directors, key employees. | $91,315 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $930,303 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $371,936 |
Payroll taxes | $77,172 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,871 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $99,451 |
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 | $57,216 |
Insurance | $75,256 |
All other expenses | $38 |
Total functional expenses | $2,171,773 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $135,296 |
Savings and temporary cash investments | $236,813 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $24,459 |
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 | $54,986 |
Net Land, buildings, and equipment | $459,763 |
Investments—publicly traded securities | $0 |
Investments—other securities | $13,160 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $40,000 |
Total assets | $964,477 |
Accounts payable and accrued expenses | $66,780 |
Grants payable | $0 |
Deferred revenue | $444,014 |
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 | $235,000 |
Total liabilities | $745,794 |
Net assets without donor restrictions | $205,522 |
Net assets with donor restrictions | $13,161 |
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 | $964,477 |
Over the last fiscal year, we have identified 1 grants that Sea Pines Montessori School has recieved totaling $25,959.
Awarding Organization | Amount |
---|---|
Heritage Classic Foundation Hilton Head Island, SC PURPOSE: GENERAL FUND | $25,959 |
Beg. Balance | $9,743 |
Earnings | $3,418 |
Ending Balance | $13,160 |
Organization Name | Assets | Revenue |
---|---|---|
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |
The Augusta Preparatory Day School Martinez, GA | $25,344,401 | $14,944,838 |
High Meadows School Inc Roswell, GA | $15,794,704 | $8,144,978 |
Raleigh School Inc Raleigh, NC | $13,452,378 | $6,056,870 |
Triangle Day School Inc Durham, NC | $8,607,980 | $5,280,206 |
John Milledge Academy Inc Milledgeville, GA | $6,442,412 | $5,275,141 |
Waldorf Educational Association Of Nc Inc Chapel Hill, NC | $4,735,222 | $4,389,934 |
Arbor Montessori School Inc Decatur, GA | $12,591,024 | $5,054,396 |
Greensboro Montessori School Greensboro, NC | $6,824,033 | $4,292,640 |