Damariscotta Montessori School Ii
- Assets
- $1.8m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 27
- Location
- Nobleboro, ME
- Founding
- 09/2004
- Data as of
- 06/2022
- EIN
- 20-0216368
Organization Overview
Damariscotta Montessori School Ii is located in Nobleboro, ME. The organization was established in 2004. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Damariscotta Montessori School Ii employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Damariscotta Montessori School Ii 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, Damariscotta Montessori School Ii generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $872.0k during the year ending 06/2022. While expenses have increased by 2.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AN ENRICHING LEARNING ENVIRONMENT IN WHICH CHILDREN ARE ABLE TO REACH THEIR INDIVIDUAL POTENTIAL TO OPERATE & MAINTAIN AN EDUCATIONAL INSTITUTION TO INSTRUCT AND TRAIN CHILDREN IN THE DEVELOPMENT OF THEIR CAPABILITIES IN ACCORDANCE WITH MONTESSORI EDUCATON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Sweetser President | OfficerTrustee | 1 | $0 |
Marnee Harke Secretary | OfficerTrustee | 1 | $0 |
Paty Matrai Member | Trustee | 1 | $0 |
Kim Tolley Treasurer | Trustee | 1 | $0 |
Mike Mayne Member | Trustee | 0 | $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 | $93,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,647 |
| Total Program Service Revenue | $922,528 |
| Investment income | $134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,666 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,037,485 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $85,095 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $373,483 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $36,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,963 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,511 |
| Office expenses | $23,859 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,108 |
| Travel | $2,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $49,749 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,933 |
| Insurance | $28,471 |
| All other expenses | $3,759 |
| Total functional expenses | $872,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $565,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $152,715 |
| 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 | $1,081,151 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,799,473 |
| Accounts payable and accrued expenses | $11,473 |
| Grants payable | $0 |
| Deferred revenue | $6,000 |
| 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 | $1,385,165 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,402,638 |
| Net assets without donor restrictions | $396,835 |
| 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 | $1,799,473 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Damariscotta Montessori School Ii has recieved totaling $535.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $535 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cardigan Mountain School Canaan, NH | $84,289,031 | $28,636,102 |
Foxcroft Academy Trustees Doverfoxcroft, ME | $30,930,930 | $10,035,137 |
Windham Woods School Inc Windham, NH | $2,214,260 | $4,272,703 |
Heronfield Academy Hampton Falls, NH | $4,518,755 | $2,844,052 |
Concord Christian Academy Concord, NH | $7,667,572 | $2,468,299 |
Cornerstone School Stratham, NH | $2,866,485 | $1,995,588 |
Mount Royal Academy Inc Sunapee, NH | $546,568 | $2,073,100 |
Well Peterborough, NH | $2,513,503 | $1,671,636 |
Surry Village Charter School Surry, NH | $143,773 | $1,306,901 |
Monadnock Waldorf School Keene, NH | $699,021 | $1,114,334 |
Bay School Blue Hill, ME | $2,449,800 | $1,139,343 |
Northeast Woodland Chartered Public School Conway, NH | $310,320 | $1,298,955 |