Montessori Academy Of Naples Inc
- Assets
- $1.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 29
- Location
- Naples, FL
- Founding
- 02/2009
- Data as of
- 06/2021
- EIN
- 26-1570262
Organization Overview
Montessori Academy Of Naples Inc is located in Naples, FL. The organization was established in 2009. 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 06/2021, Montessori Academy Of Naples Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Academy Of Naples 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 06/2021, Montessori Academy Of Naples Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.4m during the year ending 06/2021. While expenses have increased by 9.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO GUIDE EACH CHILD, IN A THOUGHTFULLY PREPARED ENVIRONMENT, TO BECOME AN INDEPENDENT THINKER, RESOURCEFUL PROBLEM SOLVER, AND POSITIVE CONTRIBUTING MEMBER IN OUR SOCIETY BY FOCUSING ON THE DEVELOPMENT OF THE WHOLE CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MONTESSORI ACADEMY PROVIDED A LEARNING EXPERIENCE FOR INFANTS, TODDLERS AND CHILDREN AGED 8 WEEKS TO 15 YEARS OLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Hunt CEO | Officer | 40 | $64,931 |
Amy Garbarino-Tate Secretary | Officer | 40 | $49,480 |
Corey Jarrell Raiser Director | Trustee | 2 | $42,080 |
Isabella Doncea Director | Trustee | 2 | $25,370 |
Deborah Sellick Treasurer | Officer | 40 | $10,075 |
David Land Chairman | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $355,620 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,620 |
| Total Program Service Revenue | $1,017,749 |
| Investment income | $688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $328,745 |
| 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 | $479 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,703,281 |
| 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. | $240,454 |
| Compensation of current officers, directors, key employees. | $87,221 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $289,839 |
| Pension plan accruals and contributions | $1,400 |
| Other employee benefits | $14,983 |
| Payroll taxes | $39,039 |
| Fees for services: Management | $2,190 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,487 |
| Advertising and promotion | $8,489 |
| Office expenses | $9,956 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $679,324 |
| Travel | $41 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,931 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,432 |
| Insurance | $38,828 |
| All other expenses | $11,562 |
| Total functional expenses | $1,447,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $728,565 |
| Savings and temporary cash investments | $0 |
| 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 | $3,646 |
| Prepaid expenses and deferred charges | $1,190 |
| Net Land, buildings, and equipment | $440,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,116 |
| Total assets | $1,194,656 |
| Accounts payable and accrued expenses | $0 |
| 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 | $250,297 |
| Other liabilities | $2,416 |
| Total liabilities | $252,713 |
| 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 | $941,943 |
| Total liabilities and net assets/fund balances | $1,194,656 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Montessori Academy Of Naples Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carrollwood Day School Education Inc Tampa, FL | $44,857,641 | $20,567,249 |
Kipp Jacksonville Inc Jacksonville, FL | $9,839,108 | $19,518,543 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Renaissance Arts And Education Inc Palmetto, FL | $29,910,781 | $21,492,050 |
Lakeland Christian School Inc Lakeland, FL | $60,596,367 | $29,249,240 |
Alfred B Maclay Jr Day School Tallahassee, FL | $28,425,288 | $17,967,088 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Palm Beach Day Academy Inc Palm Beach, FL | $39,954,020 | $18,116,482 |
Rabbi Harry H Epstein School Inc Sandy Springs, GA | $8,141,821 | $15,062,509 |
The Alfred And Adele Davis Academy Inc Atlanta, GA | $60,440,379 | $18,707,941 |
Stratford Academy Inc Macon, GA | $32,525,377 | $15,089,989 |