Three Rivers Montessori
- Assets
- $1.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 69
- Location
- Elk River, MN
- Founding
- 03/2018
- Data as of
- 06/2023
- EIN
- 82-2803489
Organization Overview
Three Rivers Montessori is located in Elk River, MN. The organization was established in 2018. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Three Rivers Montessori employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Rivers Montessori 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 06/2023, Three Rivers Montessori generated $2.1m in total revenue. All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 119.4% per year over the past 4 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
EMPOWERING STUDENTS TO REACH THEIR FULL POTENTIAL THROUGH AUTHENTIC MONTESSORI LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THREE RIVERS MONTESSORI SCHOOL OFFERS AN AUTHENTIC MONTESSORI EDUCATION TO FAMILIES LIVING IN ELK RIVER, SURROUNDING COMMUNITIES AND THOSE LIVING WITHIN SCHOOL DISTRICT 728.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Castagneri Board Chair | OfficerTrustee | 2 | $0 |
Angie Johnson Vice Chair | OfficerTrustee | 2 | $0 |
Timothy Eilrich Treasurer | OfficerTrustee | 2 | $0 |
Amanda Johnston Secretary | OfficerTrustee | 2 | $0 |
Shanny Snyder Prior Member | Trustee | 40 | $43,664 |
Rose Bleymeyer Bringus Prior Member | Trustee | 40 | $27,120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,867,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $231,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,098,846 |
| Total Program Service Revenue | $26,022 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,420 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,134,288 |
| 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. | $233,068 |
| Compensation of current officers, directors, key employees. | $32,630 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $807,515 |
| Pension plan accruals and contributions | $469,486 |
| Other employee benefits | $105,144 |
| Payroll taxes | $66,451 |
| Fees for services: Management | $48,068 |
| Fees for services: Legal | $212,804 |
| Fees for services: Accounting | $14,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,603 |
| Advertising and promotion | $0 |
| Office expenses | $43,876 |
| Information technology | $36,793 |
| Royalties | $0 |
| Occupancy | $305,873 |
| Travel | $1,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,103 |
| Insurance | $11,416 |
| All other expenses | $0 |
| Total functional expenses | $2,536,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,312 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $176,646 |
| Accounts receivable, net | $1,327 |
| 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 | $14,397 |
| Net Land, buildings, and equipment | $674,042 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $406,560 |
| Total assets | $1,445,284 |
| Accounts payable and accrued expenses | $83,856 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,879,184 |
| Total liabilities | $1,963,040 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$393,792 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$123,964 |
| Total liabilities and net assets/fund balances | $1,445,284 |