Morning Glory Montessori
- Assets
- $23.5k
- Revenue
- $271.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- Data as of
- 06/2024
- EIN
- 86-3072479
Organization Overview
Morning Glory Montessori is located in Minneapolis, MN. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morning Glory 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 06/2024, Morning Glory Montessori generated $271.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $572.9k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MORNING GLORY MONTESSORI'S MISSION IS TO BE A SAFE, NURTURING ENVIRONMENT AND EMPOWERING REFUGE THAT AFFIRMS, INSPIRES AND SUPPORTS BLACK BOYS TO BECOME WHO GOD DESIGNED THEM TO BE. A YOUTUBE VIDEO OF OUR FOUNDERS' VOICE CAN BE FOUND AT HTTPS://YOUTU.BE/FLDSOG-U8MM
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENING IN FALL 2024, MORNING GLORY MONTESSORI (MGM) WILL START BY SERVING UP TO 30 BOYS 3 TO 6 YEARS OLD, WITH PLANS TO EXPAND OUR PROGRAMMING TO ULTIMATELY SERVE TODDLERS THROUGH 3RD GRADE, INCLUDING GIRLS. THE CHURCH FACILITY WHERE GM WILL START ITS FIRST PRIMARY CLASSROOM KNOWN AS THE CHILDRENS HOUSE IS CURRENTLY UNDER CONSTRUCTION TO MAKE THE BUILDING ADA COMPLIANT, ACCESSIBLE, LICENSABLE, AND SAFE WITH THE ADDITION OF A SPRINKLER SYSTEM. OTHER CURRENT ACCOMPLISHMENTS INCLUDE BUT ARE NOT LIMITED TO, BUILDING A SOLID ORGANIZATIONAL INFRASTRUCTURE (FISCALLY AND OTHERWISE) THROUGH AN 18 MONTH PROCESS, RECRUITING AND TRAINING BOARD MEMBERS FROM THE COMMUNITY, RECRUITING AND TRAINING MONTESSORI STAFF FROM THE COMMUNITY, CONTINUING A COMMUNITY ENGAGEMENT AND EMPOWERMENT CAMPAIGN TO EDUCATE AFRICAN AMERICAN FAMILIES ABOUT MONTESSORI AND RECRUIT FOUNDING FAMILIES, COMPLETING A THREE YEAR STRATEGIC PLAN, LAUNCHING A NEW WEBSITE, DEVELOPING A FY24 FUNDRAISING PLAN AND ONLINE CAMPAIGN THROUGH BLOOMERANG, CONTINUING TO RAISE CONSTRUCTION AND STARTUP REVENUE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Jackson Board Chair | OfficerTrustee | 2 | $0 |
Marguerite Anderson Vice Chair | OfficerTrustee | 1 | $0 |
Dr Renaldo Blocker Board Member | OfficerTrustee | 1 | $0 |
Brandon Royce Diop Secretary | OfficerTrustee | 1 | $0 |
Jamez Staples Board Member | Trustee | 1 | $0 |
Jessica Jackson Head Of School | Officer | 40 | $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 | $270,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,101 |
| Total Program Service Revenue | $0 |
| Investment income | $80 |
| 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 | $271,354 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,020 |
| Advertising and promotion | $105 |
| Office expenses | $140 |
| Information technology | $1,788 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $510 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,724 |
| Total functional expenses | $572,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,511 |
| Savings and temporary cash investments | $5,010 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,521 |
| Accounts payable and accrued expenses | $758 |
| 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 | $13,000 |
| Other liabilities | $0 |
| Total liabilities | $13,758 |
| Net assets without donor restrictions | $0 |
| 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 | $23,521 |