Community Montessori
- Assets
- $14.4m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 96
- Location
- New Albany, IN
- Founding
- 04/1998
- Data as of
- 06/2021
- EIN
- 35-2024662
Organization Overview
Community Montessori is located in New Albany, IN. The organization was established in 1998. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Community Montessori employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Montessori 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, Community Montessori generated $5.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $4.5m during the year ending 06/2021. While expenses have increased by 3.5% 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
RESPECTING CHILDREN-ENGAGING FAMILIES-ENCOURAGING THOUGHTS- EMBRACING THE COMMUNITY. COMMUNITY MONTESSORI GIVES CHILDREN AN ENVIRONMENT THAT RESPECTS ALL PEOPLE AND IDEAS. (SEE PAGE 2 FOR FULL DESCRIPTION)
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY MONTESSORI PROVIDES AN EDUCATION FROM BIRTH THROUGH HIGH SCHOOL. THE SCHOOL-AGED MONTESSORI PHILOSOPHY IS A MIXTURE OF DIRECT INSTRUCTION, SPONTANEOUS LESSONS, CONNECTION TO REAL LIFE LEARNING, DISCOVERY, AND AUTHENTIC ENGAGEMENT, WHICH LEADS TO PROBLEM SOLVING, INCREASED KNOWLEDGE AND LIFE-LONG LEARNING SKILLS. COMMUNITY MONTESSORI ALSO PROVIDES CARE AND EDUCATION IN AN ONSITE INFANT/TODDLER PROGRAM FOR CHILDREN FROM BIRTH TO THREE YEARS. THE PROGRAM FOLLOWS THE RESOURCE FOR INFANT EDUCARERS (RIE) PHILOSOPHY WHICH IS BASED ON RESPECT, SELF-DISCIPLINE, AND SELF-REGULATION. APPROXIMATELY 618 CHILDREN AND TEENS WERE SERVED DURING THE 2020-21 ACADEMIC SCHOOL YEAR.
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 |
|---|---|---|---|
Barbara Burke Fondren School Director | Officer | 40 | $114,675 |
Glenn Fondren Assistant School Director | Officer | 40 | $80,717 |
Melissa Cole Administrative Finance | Officer | 37.5 | $34,635 |
Sridhar Ramachandran Vice President | OfficerTrustee | 0.7 | $0 |
Melissa Merida President | OfficerTrustee | 0.7 | $0 |
David Clifton Secretary | OfficerTrustee | 0.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,217 |
| Related organizations | $0 |
| Government grants | $4,585,519 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,647,933 |
| Total Program Service Revenue | $582,121 |
| Investment income | $4,580 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,855 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,763,758 |
| 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. | $252,021 |
| Compensation of current officers, directors, key employees. | $252,021 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,416,720 |
| Pension plan accruals and contributions | $35,008 |
| Other employee benefits | $317,605 |
| Payroll taxes | $173,097 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,567 |
| Fees for services: Accounting | $8,169 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,955 |
| Advertising and promotion | $50 |
| Office expenses | $82,284 |
| Information technology | $168,547 |
| Royalties | $0 |
| Occupancy | $182,290 |
| Travel | $2,621 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $161,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $307,151 |
| Insurance | $33,870 |
| All other expenses | $9,335 |
| Total functional expenses | $4,464,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,466 |
| Savings and temporary cash investments | $4,246,216 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $485,226 |
| 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 | $34,117 |
| Net Land, buildings, and equipment | $8,935,380 |
| Investments—publicly traded securities | $603,253 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $41,427 |
| Other assets | $0 |
| Total assets | $14,363,085 |
| Accounts payable and accrued expenses | $445,363 |
| Grants payable | $0 |
| Deferred revenue | $127,621 |
| Tax-exempt bond liabilities | $4,861,625 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $167,069 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,601,678 |
| Net assets without donor restrictions | $8,759,692 |
| Net assets with donor restrictions | $1,715 |
| 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 | $14,363,085 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Montessori has recieved totaling $20,496.
| Awarding Organization | Amount |
|---|---|
Early Learning Indiana Inc Indianapolis, IN PURPOSE: BUILD LEARN GROW GRANT | $19,435 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,061 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Chiaravalle Montessori School Evanston, IL | $20,991,628 | $8,509,054 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Wisconsin Montessori Society Inc Milwaukee, WI | $12,863,252 | $6,437,977 |
Parent And Child Together - Pact - For West Central Illinois Beardstown, IL | $590,304 | $4,793,491 |
Community Montessori New Albany, IN | $14,363,085 | $5,763,758 |