Montessori School Of Mclean is located in Mclean, VA. The organization was established in 1981. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2023, Montessori School Of Mclean employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori School Of Mclean 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 07/2023, Montessori School Of Mclean generated $5.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $4.6m during the year ending 07/2023. While expenses have increased by 5.5% 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
MONTESSORI BASED EDUCATION OF TODDLER, PRESCHOOL AND ELEMENTARY AGE CHILDREN. ALSO PROVIDE TRANSPORTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF CHILDREN - TODDLERS - AGES 2 TO 3 YEARS, PRE SCHOOL STARTING AT THE AGE OF 2 YEARS 9 MONTHS THROUGH KINDERGARTEN AND STUDENTS FROM GRADE 1ST THRU 6TH. ENROLLMENT IS APPROXIMATELY 215.
TRANSPORTATION OF CHILDREN TO AND FROM SCHOOL AND ON VARIOUS FIELD TRIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joan M Parasine Director/pres | OfficerTrustee | 1 | $0 |
Thomas Le Grand Business Head/v.p. | OfficerTrustee | 60 | $119,500 |
Sara Rychener Member At Large | Trustee | 0.6 | $0 |
Ethel Seneca Member At Large | Trustee | 0.6 | $0 |
Shawn Pastor Member At Large | Trustee | 0.8 | $0 |
Kathy Mcneill Member At Large | Trustee | 0.6 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $26,100 |
All other contributions, gifts, grants, and similar amounts not included above | $160,349 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $186,449 |
Total Program Service Revenue | $4,715,879 |
Investment income | $108,280 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $60,939 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,071,547 |
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. | $238,370 |
Compensation of current officers, directors, key employees. | $119,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,810,452 |
Pension plan accruals and contributions | $867,389 |
Other employee benefits | $107,615 |
Payroll taxes | $150,166 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,729 |
Fees for services: Accounting | $113,959 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $35,783 |
Office expenses | $9,292 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $363,331 |
Travel | $14,495 |
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 | $80,355 |
Insurance | $47,075 |
All other expenses | $160,122 |
Total functional expenses | $4,627,032 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,973 |
Savings and temporary cash investments | $7,227,161 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $68,119 |
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 | $8,454,400 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $10,565 |
Other assets | $61,877 |
Total assets | $15,894,095 |
Accounts payable and accrued expenses | $47,527 |
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 | $5,250,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,425,839 |
Total liabilities | $7,723,366 |
Net assets without donor restrictions | $8,170,729 |
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 | $0 |
Total liabilities and net assets/fund balances | $15,894,095 |