University Montessori School
- Assets
- $59.1k
- Revenue
- $491.3k
- Investments
- $0.0
- Employees
- 11
- Location
- New Orleans, LA
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 72-1327983
Organization Overview
University Montessori School is located in New Orleans, LA. The organization was established in 1998. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, University Montessori School employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University 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 12/2022, University Montessori School generated $491.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $516.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PRE-SCHOOL EDUCATION TO A BROAD SPECTRUM OF PRE-SCHOOL CHILDREN, AGES TWO YEARS THROUGH KINDERGARTEN,USING THE EDUCATIONAL APPROACH CREATED BY MARIA MONTESSORI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A PRE-SCHOOL EDUCATION DESIGNED TO DEVELOP THE FULL POTENTIAL INSIDE EACH CHILD AND HELP THEM TO ACQUIRE THE SKILLS NECESSARY TO BECOME A COMPETENT AND CAPABLE STUDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teddi Locke Chairman | Trustee | 40 | $62,108 |
Hayley Harang Board Member | Trustee | 0.5 | $0 |
Michael Dieschbourg Board Member | Trustee | 0.5 | $0 |
Leah Recasner Board Member | Trustee | 0.5 | $0 |
Shannon Singley Board Member | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $485,534 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,779 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,313 |
| 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. | $62,108 |
| Compensation of current officers, directors, key employees. | $6,211 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,666 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,200 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,707 |
| Advertising and promotion | $1,961 |
| Office expenses | $465 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,081 |
| 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 | $1,012 |
| Insurance | $12,936 |
| All other expenses | $0 |
| Total functional expenses | $515,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,245 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $19,852 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $59,097 |
| Accounts payable and accrued expenses | $27 |
| 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 | $65,764 |
| Secured mortgages and notes payable | $30,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $95,791 |
| Net assets without donor restrictions | -$36,694 |
| 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 | $59,097 |