Montessori Academy Of Chambersburg Inc
- Assets
- $3.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 34
- Location
- Chambersburg, PA
- Founding
- 11/1999
- Data as of
- 06/2023
- EIN
- 25-1835487
Organization Overview
Montessori Academy Of Chambersburg Inc is located in Chambersburg, PA. The organization was established in 1999. 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 06/2023, Montessori Academy Of Chambersburg Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Academy Of Chambersburg 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 06/2023, Montessori Academy Of Chambersburg Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 2.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE AVAILABLE A MONTESSORI EDUCATION TO CHILDREN RESIDING IN THE FRANKLIN COUNTY, PENNSYLVANIA AREA; TO NURTURE THE PHYSICAL, ACADEMIC, AND SPIRITUAL GROWTH OF ITS STUDENTS TO ENABLE THEM TO BECOME PRODUCTIVE MEMBERS OF THE COMMUNITIES OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND ENCOURAGE THE OPTIMAL INTELLECTUAL, SOCIAL, AND PHYSICAL DEVELOPMENT OF CHILDREN THROUGH THE MONTESSORI APPROACH TO EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carianne Rawlings President | OfficerTrustee | 8 | $0 |
Angelique Ridore Vice President | OfficerTrustee | 1 | $0 |
Lekha Patel Secretary | OfficerTrustee | 1 | $0 |
Rebecca Jablin Director | Trustee | 15 | $0 |
Adam Reeder Director | Trustee | 1 | $0 |
Christopher Howes Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,081 |
| Related organizations | $0 |
| Government grants | $19,071 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,254 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,406 |
| Total Program Service Revenue | $1,051,240 |
| Investment income | $4,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,083 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,219,769 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $769,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,052 |
| Payroll taxes | $66,653 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,690 |
| Office expenses | $11,814 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,708 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,927 |
| Insurance | $17,729 |
| All other expenses | $14,534 |
| Total functional expenses | $1,223,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $495,399 |
| Savings and temporary cash investments | $790,721 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,696,876 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $32,950 |
| Other assets | $30,822 |
| Total assets | $3,046,768 |
| Accounts payable and accrued expenses | $16,735 |
| Grants payable | $0 |
| Deferred revenue | $171,052 |
| 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 | $949,900 |
| Other liabilities | $0 |
| Total liabilities | $1,137,687 |
| Net assets without donor restrictions | $0 |
| 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 | $1,909,081 |
| Total liabilities and net assets/fund balances | $3,046,768 |