Middle Creek Academy Inc
- Assets
- $4.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 35
- Location
- Bozeman, MT
- Founding
- 09/2007
- Data as of
- 05/2024
- EIN
- 20-3717259
Organization Overview
Middle Creek Academy Inc is located in Bozeman, MT. 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 05/2024, Middle Creek Academy Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middle Creek 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 05/2024, Middle Creek Academy Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.8m during the year ending 05/2024. While expenses have increased by 7.6% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO NURTURE EACH CHILD'S INNATE DRIVE TO EXPLORE, DISCOVER AND ACHIEVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL EDUCATION
ELEMENTARY SCHOOL
PRIMARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Bajakian Treasurer | OfficerTrustee | 1 | $0 |
Lani Deibert President | OfficerTrustee | 1 | $0 |
Rachel Brown Vice President And Secreta | OfficerTrustee | 1 | $0 |
Mary Zeman Director | Trustee | 1 | $0 |
Mark Lehman Director | Trustee | 1 | $0 |
Megan Melief Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,725 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,725 |
| Total Program Service Revenue | $1,517,776 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,862 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,858,773 |
| 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. | $94,769 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,002,377 |
| Pension plan accruals and contributions | $10,994 |
| Other employee benefits | $76,843 |
| Payroll taxes | $89,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,280 |
| Advertising and promotion | $3,267 |
| Office expenses | $11,202 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,929 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,993 |
| Insurance | $14,761 |
| All other expenses | $47,404 |
| Total functional expenses | $1,827,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $636,861 |
| Savings and temporary cash investments | $2,284 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,617,009 |
| 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 | $7,895 |
| Net Land, buildings, and equipment | $2,150,623 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6 |
| Other assets | $0 |
| Total assets | $4,414,678 |
| Accounts payable and accrued expenses | $31,927 |
| 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 | $1,609,224 |
| Total liabilities | $1,641,151 |
| Net assets without donor restrictions | $2,773,527 |
| 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 | $4,414,678 |