Loving Arms Montessori Inc
- Assets
- $963.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 01/2015
- Data as of
- 12/2019
- EIN
- 47-2674242
Organization Overview
Loving Arms Montessori Inc is located in Detroit, MI. The organization was established in 2015. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loving Arms Montessori 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 12/2019, Loving Arms Montessori Inc generated $70.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $72.7k during the year ending 12/2019. While expenses have increased by 1.2% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhoda D Stephens President | 50 | $4,935 | |
Sis Leonor Esnard Direct | 0.1 | $0 | |
Sis Ethyl Kendricks Director | 0.1 | $0 | |
Debra Gorman-Cagle Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,054 |
| Total Program Service Revenue | $55,543 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,597 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,436 |
| Professional fees and other payments to independent contractors | $302 |
| Occupancy, rent, utilities, and maintenance | $21,566 |
| Printing, publications, postage, and shipping | $243 |
| Other expenses | $35,111 |
| Total expenses | $72,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $963 |
| Other assets | $0 |
| Total assets | $963 |
| Total liabilities | $3,097 |
| Net assets or fund balances | -$2,134 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Cincinnati Preschool Program Cincinnati, OH | $3,699,695 | $7,358,801 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
West Side Montessori Toledo, OH | $13,475,225 | $7,904,337 |
Metropolitan Children And Youth Inc Detroit, MI | $1,358,627 | $5,984,825 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Wisconsin Montessori Society Inc Milwaukee, WI | $12,863,252 | $6,437,977 |
Fairmount Montessori Association Cleveland Hts, OH | $8,746,369 | $4,381,133 |
Montessori Childrens House Grand Traverse Traverse City, MI | $5,607,038 | $5,529,183 |
Community Montessori New Albany, IN | $14,363,085 | $5,763,758 |
Hershey Montessori School Concord, OH | $10,978,565 | $4,554,528 |
Lake Geauga United Headstart Inc Concord Township, OH | $1,074,486 | $4,261,151 |