Oak Farm School Inc, operating under the name Oak Farm Montessori School, is located in Avilla, IN. The organization was established in 2001. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 08/2022, Oak Farm Montessori School employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Farm 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 08/2022, Oak Farm Montessori School generated $11.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $6.9m during the year ending 08/2022. While expenses have increased by 6.8% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OAK FARM SCHOOL IS AN INDEPENDENT, CO-EDUCATIONAL MONTESSORI DAY SCHOOL FOR STUDENTS IN EARLY CHILDHOOD THROUGH GRADE 12.
Describe the Organization's Program Activity:
OAK FARM OFFERS MONTESSORI EDUCATION FOR CHILDREN AGED 6 WEEKS TO 12TH GRADE. ENROLLMENT FOR THE 2021-2022 YEAR WAS 323. OAK FARM IS COMMITTED TO TEACHING STUDENTS THE SKILLS THEY WILL NEED TO SUCCEED IN THE REAL WORLD AND ENABLE THEM TO ADAPT TO AN EVER-CHANGING SOCIETY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Candice Holbrook Head Of School | Officer | 40 | $111,229 |
Lauren Moyer CFO | Officer | 40 | $66,988 |
Erica Dekko Board President | OfficerTrustee | 1 | $0 |
Michael Axel Vice President | OfficerTrustee | 1 | $0 |
Michael Yoder Secretary | OfficerTrustee | 1 | $0 |
Casey Weimer Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $98,642 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,341,504 |
Noncash contributions included in lines 1a–1f | $209,466 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,440,146 |
Total Program Service Revenue | $3,091,013 |
Investment income | $210,938 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$15,866 |
Net Income from Fundraising Events | -$13,756 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $13,786 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,726,261 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,083,144 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $132,500 |
Compensation of current officers, directors, key employees. | $33,125 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,973,587 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $349,603 |
Payroll taxes | $218,904 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,292 |
Fees for services: Accounting | $8,210 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,500 |
Advertising and promotion | $37,983 |
Office expenses | $95,434 |
Information technology | $27,048 |
Royalties | $0 |
Occupancy | $562,107 |
Travel | $30,528 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,629 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $770,877 |
Insurance | $82,513 |
All other expenses | $0 |
Total functional expenses | $6,912,978 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $240,471 |
Savings and temporary cash investments | $1,839 |
Pledges and grants receivable | $3,750,000 |
Accounts receivable, net | $904,362 |
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 | $70,494 |
Net Land, buildings, and equipment | $22,590,423 |
Investments—publicly traded securities | $2,767,516 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $30,325,105 |
Accounts payable and accrued expenses | $239,652 |
Grants payable | $0 |
Deferred revenue | $1,875,040 |
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 | $228,028 |
Total liabilities | $2,342,720 |
Net assets without donor restrictions | $23,982,385 |
Net assets with donor restrictions | $4,000,000 |
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 | $30,325,105 |
Over the last fiscal year, we have identified 2 grants that Oak Farm School Inc has recieved totaling $4,686.
Awarding Organization | Amount |
---|---|
Nisource Charitable Foundation Columbus, OH PURPOSE: CORPORATE DONATION | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $686 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Canterbury School Inc Fort Wayne, IN | $14,789,368 | $17,058,422 |
Timothy Christian Schools Elmhurst, IL | $41,280,764 | $20,446,601 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |
Prairie School Inc Racine, WI | $75,801,246 | $20,722,980 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |
Lake Forest Country Day School Lake Forest, IL | $60,294,395 | $16,845,171 |
Indian Community School Inc Franklin, WI | $820,604,355 | $21,906,582 |