Montessori Training And Research Center Of Dallas
- Assets
- $2.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Addison, TX
- Founding
- 01/2004
- Data as of
- 06/2022
- EIN
- 20-0088952
Organization Overview
Montessori Training And Research Center Of Dallas, operating under the name Montessori Institute Of North Texas, is located in Addison, TX. The organization was established in 2004. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Montessori Institute Of North Texas employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Institute Of North Texas 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 06/2022, Montessori Institute Of North Texas generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 22.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MINT EXISTS TO BETTER THE LIVES OF ALL CHILDREN THROUGH AMI ACCREDITED TEACHER TRAINING PROGRAMS AND TO EXPAND THE AWARENESS OF MONTESSORI PRINCIPLES IN SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FISCAL YEAR 2021-2022 MINT CONDUCTED 5 DIPLOMA COURSES WITH AN ENROLLMENT OF 108 STUDENTS; 2 MONTESSORI CORE PRINCIPLES CERTIFICATE COURSES WITH AN ENROLLMENT OF 164 STUDENTS; AND 3 ORIENTATION CERTIFICATE COURSES WITH AN ENROLLMENT OF 45 STUDENTS. MINT ALSO OFFERED PROFESSIONAL 10 DEVELOPMENT WEBINARS ATTENDED BY MORE THAN 377 EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Caroline Parker Executive Director | Officer | 40 | $89,828 |
Virginia Brooks Executive Director | Officer | 40 | $59,726 |
Kathleen Muirhead President | OfficerTrustee | 3 | $0 |
Cecilia Galbraith Secretary | OfficerTrustee | 3 | $0 |
Peggy Larson Vice President | OfficerTrustee | 3 | $0 |
Jodi Campbell Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32 |
| All other contributions, gifts, grants, and similar amounts not included above | $568,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $568,634 |
| Total Program Service Revenue | $843,486 |
| Investment income | $23,192 |
| 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 | $1,442,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $49,190 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,959 |
| Compensation of current officers, directors, key employees. | $53,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $54,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $243,161 |
| Advertising and promotion | $9,949 |
| Office expenses | $70,679 |
| Information technology | $36,944 |
| Royalties | $55,348 |
| Occupancy | $231,012 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,491 |
| Insurance | $48,281 |
| All other expenses | $8,290 |
| Total functional expenses | $1,757,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,358 |
| Savings and temporary cash investments | $1,983,016 |
| Pledges and grants receivable | $180,000 |
| Accounts receivable, net | $447,648 |
| 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 | $5,761 |
| Net Land, buildings, and equipment | $119,345 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,746 |
| Total assets | $2,865,874 |
| Accounts payable and accrued expenses | $96,302 |
| Grants payable | $0 |
| Deferred revenue | $931,021 |
| 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 | $1,334 |
| Total liabilities | $1,028,657 |
| Net assets without donor restrictions | $1,439,619 |
| Net assets with donor restrictions | $397,598 |
| 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 | $2,865,874 |