Northeast Iowa Montessori School Inc
- Assets
- $280.1k
- Revenue
- $312.1k
- Investments
- $0.0
- Employees
- 12
- Location
- Decorah, IA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 76-0762689
Organization Overview
Northeast Iowa Montessori School Inc is located in Decorah, IA. The organization was established in 2007. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Northeast Iowa Montessori School Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Iowa 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 12/2021, Northeast Iowa Montessori School Inc generated $312.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $264.9k during the year ending 12/2021. While expenses have increased by 10.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MONTESSORI METHOD OF EDUCATION SUPPORTS THE CHILD'S DEVELOPMENTAL NEEDS FOR FREEDOM WITHIN LIMITATIONS. IN A CAREFULLY PREPARED ENVIRONMENT THE CHILD IS GUARANTEED EXPOSURE TO MATERIALS AND EXPERIENCES THROUGH WHICH TO DEVELOP INTELLIGENCE AS WELL AS PHYSICAL AND PSYCHOLOGICAL ABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL PROGRAMMING AND CHILDCARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachael Buresh Head Of Scho | Officer | 40 | $32,416 |
Allie Scott V. President | OfficerTrustee | 2 | $0 |
Shannon Dallenbach-Durbin President | OfficerTrustee | 5 | $0 |
Catherine Dyer Secretary | OfficerTrustee | 2 | $0 |
Scott Searcy Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,655 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,522 |
| Total Program Service Revenue | $234,982 |
| 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 | $9,629 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $312,133 |
| 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. | $32,416 |
| Compensation of current officers, directors, key employees. | $32,416 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $765 |
| Fees for services: Accounting | $2,808 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,267 |
| Office expenses | $3,663 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,620 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,485 |
| Interest | $8,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,589 |
| Insurance | $7,825 |
| All other expenses | $1,318 |
| Total functional expenses | $264,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,742 |
| Savings and temporary cash investments | $44,329 |
| 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 | $196,681 |
| Investments—publicly traded securities | $6,301 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $280,053 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $152,633 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $152,633 |
| Net assets without donor restrictions | $127,420 |
| 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 | $280,053 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northeast Iowa Montessori School Inc has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
Educare Of Omaha Inc Omaha, NE | $19,410,966 | $14,431,941 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
Head Start Child And Family Development Program Inc Hastings, NE | $7,092,911 | $8,181,932 |
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 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |