Montessori Center Room Inc
- Assets
- $358.8k
- Revenue
- $274.6k
- Investments
- $0.0
- Employees
- 13
- Location
- Cincinnati, OH
- Founding
- 10/1967
- Data as of
- 07/2021
- EIN
- 31-0731908
Organization Overview
Montessori Center Room Inc is located in Cincinnati, OH. The organization was established in 1967. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2021, Montessori Center Room Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Center Room 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 07/2021, Montessori Center Room Inc generated $274.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $347.4k during the year ending 07/2021. 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
PRESCHOOL & KINDERGARTEN EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL & KINDERGARTEN EDUCATION FOR CHILDREN AGES 3-6
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Owen Burke Vice Preside | OfficerTrustee | $0 | |
Carissa Coslett Treasurer | OfficerTrustee | $0 | |
Jenny Beene-Skuban President | OfficerTrustee | $0 | |
Alison Lee Secretary | OfficerTrustee | $0 | |
Andy Thaman Chair | OfficerTrustee | $0 | |
Camille Gartner Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,942 |
| Total Program Service Revenue | $255,389 |
| Investment income | $1,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,393 |
| Net Income from Fundraising Events | $71 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $274,600 |
| 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 | $229,310 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $2,663 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,380 |
| 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 | $3,850 |
| Insurance | $0 |
| All other expenses | $34,872 |
| Total functional expenses | $347,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,145 |
| 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 | $25,853 |
| Investments—publicly traded securities | $147,784 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $358,782 |
| 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 | $53,387 |
| Other liabilities | $0 |
| Total liabilities | $53,387 |
| 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 | $305,395 |
| Total liabilities and net assets/fund balances | $358,782 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Montessori Center Room Inc has recieved totaling $12,131.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,700 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,305 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
Endowment Analysis
| Beg. Balance | $124,388 |
| Earnings | $27,332 |
| Admin Expense | $1,375 |
| Ending Balance | $150,430 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grand Rapids Christian Schools Grand Rapids, MI | $65,671,277 | $35,710,692 |
Pathway Inc Toledo, OH | $1,947,954 | $15,676,190 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
Leonard And Susan Fuchs Mizrachi School Beachwood, OH | $63,214,368 | $13,451,315 |
Child Care Resource Center Of Cuyahoga County Cleveland, OH | $5,221,997 | $11,522,146 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |
Cincinnati Preschool Program Cincinnati, OH | $3,699,695 | $7,358,801 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
West Side Montessori Toledo, OH | $13,475,225 | $7,904,337 |