Wichita Montessori School Inc
- Assets
- $900.0k
- Revenue
- $985.7k
- Investments
- $0.0
- Employees
- 24
- Location
- Wichita, KS
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 48-1000714
Organization Overview
Wichita Montessori School Inc is located in Wichita, KS. The organization was established in 1987. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Wichita Montessori School Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita 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 06/2023, Wichita Montessori School Inc generated $985.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $789.3k during the year ending 06/2023. While expenses have increased by 2.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE SEEK TO PROVIDE A SUPERIOR EDUCATIONAL EXPERIENCE FOR CHILDREN AGES 3 TO 11, UTILIZING THE MONTESSORI METHODS OF TEACHING AND LEARNING. WE ADDRESS THE INTELLECTUAL, EMOTIONAL, PHYSICAL AND SOCIAL GROWTH OF EACH CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF CHILDREN IN PRE-KINDERGARTEN THROUGH FIFTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Walden Head Of Scho | Officer | 40 | $60,769 |
Sara Souraty Business Adm | Officer | 40 | $31,026 |
Carolyn Holloway President | OfficerTrustee | 1 | $0 |
Noura Abbas Treasurer | Officer | 1 | $0 |
Rana Zayour Vice Preside | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $58,736 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,152 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,888 |
| Total Program Service Revenue | $910,246 |
| Investment income | $928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,395 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $985,667 |
| 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. | $99,557 |
| Compensation of current officers, directors, key employees. | $68,082 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,359 |
| Payroll taxes | $38,918 |
| Fees for services: Management | $52,449 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,309 |
| Office expenses | $13,762 |
| Information technology | $1,030 |
| Royalties | $0 |
| Occupancy | $27,366 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,390 |
| Insurance | $8,152 |
| All other expenses | $49,750 |
| Total functional expenses | $789,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $712,122 |
| Savings and temporary cash investments | $117,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,817 |
| 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 | $19,463 |
| Net Land, buildings, and equipment | $6,815 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,300 |
| Total assets | $900,038 |
| Accounts payable and accrued expenses | $99,142 |
| Grants payable | $0 |
| Deferred revenue | $81,310 |
| 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 | $180,452 |
| 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 | $719,586 |
| Total liabilities and net assets/fund balances | $900,038 |