Montessori Independent Learning Center is located in West Palm Beach, FL. The organization was established in 1977. 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. Montessori Independent Learning Center 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 08/2021, Montessori Independent Learning Center generated $160.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $151.4k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (20.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THECENTERSERVED26CHILDRENAGED3TO5INAHIGH-QUALITYMONTESSORIENVIRONMENTMONDAYTHROUGHFRIDAYFROM8:30AMTO4:00PM.EVERYCHILDATTENDINGACHIEVEDSIGNIFICANTPERSONALGROWTH,BOTHEMOTIONALLYANDACADEMICALLYANDGRADUATEDWELL-PREPAREDTOTRANSITIONTOOTHERACADEMICPROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne Lobeck President | 2 | $0 | |
Mary Gulbronsen Director Head Teacher | 50 | $49,920 | |
Lois Hogan Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $79,495 |
Total Program Service Revenue | $81,249 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $160,744 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $124,064 |
Professional fees and other payments to independent contractors | $1,251 |
Occupancy, rent, utilities, and maintenance | $14,998 |
Printing, publications, postage, and shipping | $102 |
Other expenses | $11,018 |
Total expenses | $151,433 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |