Heartland Community Montessori School Inc
- Assets
- $325.9k
- Revenue
- $242.7k
- Investments
- $0.0
- Employees
- 15
- Location
- River Falls, WI
- Founding
- 04/1995
- Data as of
- 07/2021
- EIN
- 39-1794884
Organization Overview
Heartland Community Montessori School Inc is located in River Falls, WI. The organization was established in 1995. 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, Heartland Community Montessori School Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartland Community Montessori School 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, Heartland Community Montessori School Inc generated $242.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $269.5k during the year ending 07/2021. While expenses have increased by 5.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTESSORI EDUCATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Spaulding Head Of School | Officer | 40 | $24,267 |
Jessica O'sullivan Chair/president | OfficerTrustee | 0.5 | $252 |
Amanda Ryan Vice Chair/vice President | OfficerTrustee | 0 | $0 |
Megan Frost Treasurer | Trustee | 0 | $0 |
Megan Ritter Secretary | Trustee | 0 | $0 |
Gay Ward Friend Of School | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,292 |
| Investment income | $628 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,519 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,840 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,888 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $393 |
| Office expenses | $5,354 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,201 |
| Travel | $3,945 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,546 |
| Interest | $5,707 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,552 |
| Insurance | $6,577 |
| All other expenses | $0 |
| Total functional expenses | $269,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,907 |
| Savings and temporary cash investments | $100,676 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,240 |
| 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 | $3,518 |
| Investments—publicly traded securities | $33,952 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $325,891 |
| Accounts payable and accrued expenses | $7,618 |
| 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 | $148,376 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $155,994 |
| 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 |
| Total liabilities and net assets/fund balances | $169,897 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heartland Community Montessori School Inc has recieved totaling $94.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $94 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grand Rapids Christian Schools Grand Rapids, MI | $65,671,277 | $35,710,692 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
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 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Lake Area Discovery Center White Bear Lake, MN | $2,847,181 | $7,699,616 |
Metropolitan Children And Youth Inc Detroit, MI | $1,358,627 | $5,984,825 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Lake Country School Montessori Learning Environments Minneapolis, MN | $16,072,245 | $6,022,305 |