Rochester Montessori School Inc
- Assets
- $4.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 56
- Location
- Rochester, MN
- Founding
- 08/1969
- Data as of
- 05/2020
- EIN
- 41-0948042
Organization Overview
Rochester Montessori School Inc is located in Rochester, MN. The organization was established in 1969. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2020, Rochester Montessori School Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester 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 05/2020, Rochester Montessori School Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $2.4m during the year ending 05/2020. While expenses have increased by 1.5% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
GUIDE THE CHILD THROUGH A PREPARED ENVIRONMENT TO BECOME AN INDEPENDENT THINKER WHO IS RESPONSIBLE, RESPECTFUL AND COMPASSIONATE TO SELF, COMMUNITY AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL INSTRUCTS A REGULARLY ENROLLED BODY OF STUDENTS ACCORDING TO THE MONTESSORI PHILOSOPHY AND INTERNATIONAL BACCALAUREATE PRINCIPLES USING A STRUCTURED CURRICULUM. THE SCHOOL PROVIDES REGULAR, SCHOOL-YEAR EDUCATION INCLUDING BEFORE AND AFTER SCHOOL ACTIVITIES TO AN AVERAGE OF 40 PART TIME AND 160 FULL TIME STUDENTS BASED ON THE PUBLIC SCHOOL CALENDAR. AN ADDITIONAL EIGHT-WEEK LONG SUMMER SCHOOL PROGRAM IS ALSO PROVIDED TO AN AVERAGE OF 70 STUDENTS PER WEEK.
THE SCHOOL INSTRUCTS A REGULARLY ENROLLED BODY OF STUDENTS ACCORDING TO THE MONTESSORI PHILOSOPHY AND INTERNATIONAL BACCALAUREATE PRINCIPLES USING A STRUCTURED CURRICULUM. THE SCHOOL PROVIDES REGULAR, SCHOOL-YEAR EDUCATION INCLUDING BEFORE AND AFTER SCHOOL ACTIVITIES TO AN AVERAGE OF 40 PART TIME AND 160 FULL TIME STUDENTS BASED ON THE PUBLIC SCHOOL CALENDAR. AN ADDITIONAL EIGHT-WEEK LONG SUMMER SCHOOL PROGRAM IS ALSO PROVIDED TO AN AVERAGE OF 70 STUDENTS PER WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Summerson Interim Head Of School | Officer | 40 | $51,961 |
Camila Hallemeier Board Secretary | OfficerTrustee | 2 | $0 |
Rick Decker Board Treasurer | OfficerTrustee | 2 | $0 |
Kellie Mueller Board President | OfficerTrustee | 2 | $0 |
Jidong Zhang Board Member | Trustee | 1 | $0 |
Carolyn Newman Naranjo Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,893 |
| Investment income | $8,351 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,195 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,432,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $12,086 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,469,843 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $144,516 |
| Payroll taxes | $128,906 |
| Fees for services: Management | $27,871 |
| Fees for services: Legal | $4,380 |
| Fees for services: Accounting | $9,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,975 |
| Office expenses | $3,959 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,491 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,201 |
| Interest | $100,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,654 |
| Insurance | $25,046 |
| All other expenses | $0 |
| Total functional expenses | $2,422,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $702,027 |
| Savings and temporary cash investments | $466,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,805 |
| 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 | $29,554 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,100,305 |
| Accounts payable and accrued expenses | $210,397 |
| 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 | $2,002,668 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $475,800 |
| Total liabilities | $2,688,865 |
| 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 | $1,411,440 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rochester Montessori School Inc has recieved totaling $13,586.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $8,237 |
Jw Johnson Family Charitable Trust Scottsdale, AZ PURPOSE: EDUCATION | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $349 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Small Wonders Preschool And Childcare Center Inc Fargo, ND | $1,322,875 | $6,805,299 |
Lake Area Discovery Center White Bear Lake, MN | $2,847,181 | $7,699,616 |
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 |
Shiloh Christian School Bismarck, ND | $18,808,002 | $5,796,706 |
Wisconsin Montessori Society Inc Milwaukee, WI | $12,863,252 | $6,437,977 |
Hand In Hand Christian Montessori Home School Academy Roseville, MN | $5,224,746 | $3,926,628 |
Family And Child Learning Centers Of Northeast Wisconsin Inc Rhinelander, WI | $765,130 | $4,152,383 |
Sheboygan Human Rights Association Inc Sheboygan, WI | $1,838,673 | $3,773,181 |
Eastbrook Academy Inc Milwaukee, WI | $1,804,684 | $4,079,649 |
Preschool Of The Arts Inc Madison, WI | $2,793,186 | $4,208,133 |