Wayne Montessori
- Assets
- $996.3k
- Revenue
- $554.5k
- Investments
- $0.0
- Employees
- 21
- Location
- Goldsboro, NC
- Founding
- 11/1981
- Data as of
- 06/2022
- EIN
- 58-1437886
Organization Overview
Wayne Montessori is located in Goldsboro, NC. 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 06/2022, Wayne Montessori employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne Montessori 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 06/2022, Wayne Montessori generated $554.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $500.4k during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A NURTURING AND SECURE ENVIRONMENT WHICH PROMOTES THE DEVELOPMENT OF EACH CHILD PHYSICALLY, EMOTIONALLY, SOCIALLY, AS WELL AS ACADEMICALLY. WE STRIVE FOR A WELL-ROUNDED EDUCATION GROUNDED IN MONTESSORI PHILOSOPHY AND TEACHING METHODS, WHICH WILL DEVELOP AND FOSTER THE NATURAL CURIOSITY OF EACH CHILD INTO A LIFELONG LOVE OF LEARNING AND A PASSION FOR EXCELLENCE. WE PROMOTE THE DEVELOPMENT OF A GLOBAL PERSPECTIVE AND A COMMITMENT TO GIVING BACK TO THE COMMUNITY THROUGH SERVICE TO OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Holland President | Trustee | 0.9 | $0 |
Lisa Ferguson Secretary | Trustee | 0.9 | $0 |
Lesley Oglesby Vice-Preside | Trustee | 0.9 | $0 |
Mark Metzler Treasurer | Trustee | 0.9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,719 |
| 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 | $1,719 |
| Total Program Service Revenue | $526,273 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,123 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $554,533 |
| 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 | $344,905 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,816 |
| Payroll taxes | $28,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,499 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $226 |
| Advertising and promotion | $109 |
| Office expenses | $7,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,233 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,865 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,377 |
| Insurance | $7,155 |
| All other expenses | $172 |
| Total functional expenses | $500,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,474 |
| Savings and temporary cash investments | $20,668 |
| 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 | $703,920 |
| Investments—publicly traded securities | $99,284 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $996,346 |
| Accounts payable and accrued expenses | $25,074 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $270,362 |
| Other liabilities | $1,610 |
| Total liabilities | $297,046 |
| Net assets without donor restrictions | $699,300 |
| 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 | $996,346 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wayne Montessori has recieved totaling $712.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunbelt Human Advancement Resources Inc Greenville, SC | $42,359,906 | $37,809,843 |
The Sheltering Arms Atlanta, GA | $37,115,971 | $26,836,460 |
Lausanne Collegiate School Memphis, TN | $29,785,379 | $21,342,655 |
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |
The Augusta Preparatory Day School Martinez, GA | $25,344,401 | $14,944,838 |
High Meadows School Inc Roswell, GA | $15,794,704 | $8,144,978 |