Cathedral Montessori School
- Assets
- $2.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 26
- Location
- New Orleans, LA
- Founding
- 06/2010
- Data as of
- 12/2022
- EIN
- 27-1303668
Organization Overview
Cathedral Montessori School is located in New Orleans, LA. The organization was established in 2010. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2022, Cathedral Montessori School employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cathedral Montessori School 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 12/2022, Cathedral Montessori School generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $988.3k during the year ending 12/2022. While expenses have increased by 14.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN ENRICHING AND CHALLENGING EDUCATIONAL ENVIRONMENT THAT ENABLES EACH CHILD TO REALIZE THEIR HIGHEST POTENTIAL WHILE DEVELOPING A LOVE OF LEARNING AND RESPECT FOR THEMSELVES, OTHERS AND THE GLOBAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHEDRAL MONTESSORI SCHOOL OPENED IN THE SUMMER OF 2010 TO PROVIDE THE NEW ORLEANS LAKEFRONT NEIGHBORHOODS WITH A PROGRESSIVE AND CHALLENGING MONTESSORI PRE-SCHOOL PROGRAM. ENROLLING 38 STUDENTS IN ITS INAGURAL ACADEMIC YEAR, THE SCHOOL BECAME ACCREDITED IN ITS FIRST MONTHS OF OPERATION THROUGH ITS UNCOMPROMISING FIDELITY TO MARIA MONTESSORI'S PHILOSOPHY, CURRICULUM AND PEDAGOGICAL TOOLS. WITH A FACULTY OF COLLEGE-EDUCATED, MONTESSORI-ACCREDITED TEACHERS, THE SCHOOL PLACES AN EMPHASIS ON DIVERSITY, THROUGH ITS RELATIONSHIP TO THE HOLY TRINITY GREEK ORTHODOX CATHEDRAL, AND ITS CULTIVATION OF A CULTURALLY, SOCIO-ECONOMICALLY, AND ETHICALLY DIVERSE CLASSROOM. WITH RESOURCE FACULTY AND PROGRAMS, THE SCHOOL BUILDS UPON ITS MONTESSORI FOUNDATION TO DEVELOP A CURRICULUM WITH A FOCUS ON MUSIC, ART, MOVEMENT, ECOLOGY AND ENVIRONMENTAL SCIENCE AND FOREIGN LANGUAGE. CATHEDRAL MONTESSORI SCHOOL FOSTERS A COMMUNITY OF CURIOSITY, RESPECT AND ENGAGEMENT IN THE WORLD AROUND IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billie Anderson President/board Chairman | OfficerTrustee | 25 | $0 |
Petros Christakis Board Member | Trustee | 1 | $0 |
Kyle Sclafani Vice-Pres./board Member | OfficerTrustee | 5 | $0 |
Gail Psilos Board Member | Trustee | 1 | $0 |
Kyle Cash Board Member | Trustee | 1 | $0 |
Marques Celestine Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,406 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,953 |
| Total Program Service Revenue | $922,065 |
| Investment income | $5,219 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,487 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,145,778 |
| 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 | $595,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $46,515 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,189 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,000 |
| Office expenses | $6,057 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,739 |
| Travel | $163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,182 |
| Interest | $88,359 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,414 |
| Insurance | $24,903 |
| All other expenses | $57,488 |
| Total functional expenses | $988,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,053 |
| Savings and temporary cash investments | $246,202 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,282 |
| 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 | $1,594,672 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,237 |
| Total assets | $2,403,446 |
| Accounts payable and accrued expenses | $1,847 |
| 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 | $422,077 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $423,924 |
| Net assets without donor restrictions | $1,979,522 |
| 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 | $2,403,446 |