Red Cottage Montessori School
- Assets
- $222.5k
- Revenue
- $345.3k
- Investments
- $0.0
- Employees
- 21
- Location
- Red Wing, MN
- Founding
- 10/2011
- Data as of
- 06/2023
- EIN
- 27-3425655
Organization Overview
Red Cottage Montessori School is located in Red Wing, MN. The organization was established in 2011. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Red Cottage Montessori School employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Cottage 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 06/2023, Red Cottage Montessori School generated $345.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $203.7k during the year ending 06/2023. 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
RED COTTAGE MONTESSORI IS A GRASS ROOTS, PARENT DRIVEN, BOARD DIRECTED, AUTHENTIC MONTESSORI
Describe the Organization's Program Activity:
Part 3 - Line 4a
RED COTTAGE MONTESSORI HAS 4 PROGRAMS THAT MAKE UP THE BULK OF THEIR SERVICES FOR 18 MONTHS TO 6TH GRADE TODDLER , CHILDRENS HOUSE, LOWER ELEMENTORY AND UPPER ELEMENTARY PROGRAMS. DURING FISCAL YEAR 2022-2023, RED COTTAGE MONTESSORI SCHOOL ENROLLED 50 CHILDREN AND PROVIDED A MONTESSORI EDUCATION.
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 |
|---|---|---|---|
Kai Rodgers Board Chair | OfficerTrustee | 1 | $0 |
Tori Campbell Director | OfficerTrustee | 5 | $0 |
Hannah Black Treasurer | OfficerTrustee | 1 | $0 |
Lora Skelton Director | Trustee | 5 | $0 |
Tori Campbell Director | Trustee | 1 | $0 |
Phil White Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $125 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,567 |
| Total Program Service Revenue | $79,944 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,000 |
| Net Income from Fundraising Events | -$4,200 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $345,311 |
| 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 | $160,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $271 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,220 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $881 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,372 |
| Insurance | $7,412 |
| All other expenses | $0 |
| Total functional expenses | $203,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,970 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $112,494 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $222,464 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $222,464 |
| 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 | $222,464 |