Montessori Childrens House Inc
- Assets
- $7.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 46
- Location
- Fort Washington, PA
- Founding
- 01/1984
- Data as of
- 08/2023
- EIN
- 23-2242917
Organization Overview
Montessori Childrens House Inc is located in Fort Washington, PA. The organization was established in 1984. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2023, Montessori Childrens House Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Childrens House 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 08/2023, Montessori Childrens House Inc generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $2.0m during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES CHILDCARE SERVICES AND EDUCATIONAL SERVICES FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES CHILDCARE, EDUCATIONAL SERVICES,AND SPECIAL ACTIVITIES FOR 95 EQUIVALENT FULL TIMESTUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Schatz President | OfficerTrustee | 1 | $0 |
Judith Cooper Vp/ Asst. Treasurer | OfficerTrustee | 1 | $0 |
Stephen Figlin Chairman Of The Board | OfficerTrustee | 2 | $0 |
Jeannette Williams Treasurer | OfficerTrustee | 2 | $0 |
Susan Weir Secretary | OfficerTrustee | 2 | $0 |
David Cooper Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Learn & Playinc Management Fee | 8/30/23 | $170,000 |
Gloria Dei Lutheran Church Rent And Occupancy Costs | 8/30/23 | $152,886 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,162 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,067 |
| Total Program Service Revenue | $1,990,616 |
| Investment income | $66,334 |
| 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 | $2,168,540 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $24,121 |
| 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 | $1,029,572 |
| Pension plan accruals and contributions | $10,743 |
| Other employee benefits | $100,884 |
| Payroll taxes | $74,817 |
| Fees for services: Management | $170,000 |
| Fees for services: Legal | $770 |
| Fees for services: Accounting | $5,092 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,316 |
| Fees for services: Other | $21,524 |
| Advertising and promotion | $29,271 |
| Office expenses | $4,248 |
| Information technology | $585 |
| Royalties | $0 |
| Occupancy | $109,120 |
| 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 | $98,106 |
| Insurance | $32,044 |
| All other expenses | $1,584 |
| Total functional expenses | $1,966,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,004 |
| 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 | $8,998 |
| Net Land, buildings, and equipment | $1,445,929 |
| Investments—publicly traded securities | $5,782,968 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,813 |
| Total assets | $7,619,164 |
| Accounts payable and accrued expenses | $48,188 |
| Grants payable | $0 |
| Deferred revenue | $230,920 |
| 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 | $49,082 |
| Total liabilities | $328,190 |
| Net assets without donor restrictions | $7,290,974 |
| 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 | $7,619,164 |