Mary Linsmeier Schools Inc
- Assets
- $1.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 105
- Location
- Brookfield, WI
- Founding
- 11/1977
- Data as of
- 12/2023
- EIN
- 39-1160348
Organization Overview
Mary Linsmeier Schools Inc is located in Brookfield, WI. The organization was established in 1977. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2023, Mary Linsmeier Schools Inc employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Linsmeier Schools 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 12/2023, Mary Linsmeier Schools Inc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 years. 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
PRE-SCHOOL AND DAY CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING PRE-SCHOOL AND DAY CARE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Linsmeier President / Treasurer | Officer | 0 | $0 |
Theresa Smith Vice President | Officer | 0 | $0 |
Patricia Linsmeier Secretary | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $397,909 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,159 |
| Total Program Service Revenue | $2,468,940 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $482 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,941,439 |
| 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 | $1,398,842 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,044 |
| Payroll taxes | $157,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,205 |
| 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 | $10,700 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $499,617 |
| Travel | $35,531 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,460 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,425 |
| Insurance | $19,802 |
| All other expenses | $319,555 |
| Total functional expenses | $2,743,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $866,620 |
| Savings and temporary cash investments | $3,474 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,584 |
| 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 | $86,510 |
| Net Land, buildings, and equipment | $123,407 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $134,774 |
| Total assets | $1,291,369 |
| Accounts payable and accrued expenses | $97,771 |
| Grants payable | $0 |
| Deferred revenue | $41,557 |
| 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 | $139,328 |
| 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 | $1,152,041 |
| Total liabilities and net assets/fund balances | $1,291,369 |