Mosaic Montessori Academy Inc
- Assets
- $199.6k
- Revenue
- $416.1k
- Investments
- $0.0
- Employees
- 15
- Location
- River Forest, IL
- Founding
- 10/2007
- Data as of
- 06/2021
- EIN
- 06-1794419
Organization Overview
Mosaic Montessori Academy Inc is located in River Forest, IL. The organization was established in 2007. 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 06/2021, Mosaic Montessori Academy Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mosaic Montessori Academy 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 06/2021, Mosaic Montessori Academy Inc generated $416.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $434.8k during the year ending 06/2021. While expenses have increased by 9.0% 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
MOSAIC MONTESSORI ACADEMYS MISSION IS TO PROVIDE THE COMMUNITY WITH A QUALITY AND NURTURING EARLY CHILDHOOD EDUCATIONAL PROGRAM, ANCHORED BY THE FUNDAMENTALS OF THE MONTESSORI PHILOSOPHY AND METHODOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EARLY EDUCATION SERVICES TO CHILDREN FROM AGES 2 TO 6.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Carandang-Ramos Executive Director | OfficerTrustee | 55 | $0 |
Melinda Tabayoyong Director | Trustee | $0 | |
Godofredo C Carandang Director | Trustee | $0 | |
Laurie Hanny Director | Trustee | $0 | |
Jennifer Chhatlani Director | Trustee | $0 | |
Christina Carpenter Director | Trustee | $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 | $371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371 |
| Total Program Service Revenue | $415,742 |
| Investment income | $22 |
| 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 | $416,135 |
| 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. | $84,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,271 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,018 |
| Payroll taxes | $23,860 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $754 |
| Advertising and promotion | $2,804 |
| Office expenses | $51,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,080 |
| Travel | $67 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $379 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,588 |
| Insurance | $4,873 |
| All other expenses | $0 |
| Total functional expenses | $434,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,164 |
| Savings and temporary cash investments | $155,535 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $8,999 |
| 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 | $29,926 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $199,624 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $147,128 |
| Total liabilities | $147,128 |
| Net assets without donor restrictions | $52,496 |
| 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 | $199,624 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mosaic Montessori Academy Inc has recieved totaling $118.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $118 |
Peer Organizations
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|---|---|---|
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Youth Connection Charter School Chicago, IL | $19,677,483 | $57,450,809 |
Latin School Of Chicago Chicago, IL | $156,636,530 | $50,037,538 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |
North Shore Country Day School Winnetka, IL | $93,458,208 | $25,821,359 |