Spring Bilingual Montessouri Academy
- Assets
- $2.6m
- Revenue
- $840.8k
- Investments
- $0.0
- Employees
- 20
- Location
- Kensington, MD
- Founding
- 11/1971
- Data as of
- 06/2021
- EIN
- 52-0856385
Organization Overview
Spring Bilingual Montessouri Academy is located in Kensington, MD. The organization was established in 1971. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Spring Bilingual Montessouri Academy employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Bilingual Montessouri Academy 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 06/2021, Spring Bilingual Montessouri Academy generated $840.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $827.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BILINGUAL PRESCHOOL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE BILINGUAL EDUCATION TO PRE-SCHOOLERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diann Sanderson Head Of School | Officer | 40 | $115,885 |
Harvey Beckham President | Officer | 10 | $0 |
Toni Holness Director | Trustee | 10 | $0 |
Erin Toner Director | Trustee | 10 | $0 |
Sean Newell Director | Trustee | 10 | $0 |
Bela Ali Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,935 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,935 |
| Total Program Service Revenue | $0 |
| Investment income | $71 |
| 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 | $840,759 |
| 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 | $484,488 |
| Pension plan accruals and contributions | $2,599 |
| Other employee benefits | $65,497 |
| Payroll taxes | -$5,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,888 |
| Office expenses | $1,249 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,557 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,773 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,575 |
| Insurance | $2,595 |
| All other expenses | $46,283 |
| Total functional expenses | $827,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,281 |
| Savings and temporary cash investments | $699,997 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,778,870 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,649,148 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,197,206 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $139,732 |
| Total liabilities | $1,336,938 |
| 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 | $126,100 |
| Retained earnings, endowment, accumulated income, or other funds | $1,186,110 |
| Total liabilities and net assets/fund balances | $2,649,148 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spring Bilingual Montessouri Academy has recieved totaling $58.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mastery Schools Of Camden Inc Philadelphia, PA | $73,798,386 | $68,691,904 |
Grafton School Incorporated Winchester, VA | $59,407,353 | $59,458,949 |
Childrens Institute Of Pittsburgh Pittsburgh, PA | $161,136,560 | $38,389,576 |
Maryland School For The Blind Baltimore, MD | $195,153,982 | $44,682,438 |
Western Pennsylvania School For Blind Children Pittsburgh, PA | $69,573,969 | $29,978,055 |
Overbrook School For The Blind Philadelphia, PA | $240,732,911 | $37,096,319 |
Western Pennsylvania School For The Deaf Pittsburgh, PA | $151,023,004 | $35,138,209 |
The Benedictine School For Exceptional Children Inc Ridgely, MD | $11,283,116 | $24,781,335 |
Lab School Of Washington Washington, DC | $60,963,136 | $23,245,137 |
Depaul Community Resources Roanoke, VA | $12,194,514 | $23,378,306 |
Phillips Programs Annandale, VA | $24,790,311 | $22,425,625 |
The Education Center At The Watson Institute Sewickley, PA | $42,051,186 | $19,609,011 |