Creative Montessori School Inc
- Assets
- $8.5m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 61
- Location
- Homewood, AL
- Founding
- 05/1969
- Data as of
- 05/2022
- EIN
- 63-0570956
Organization Overview
Creative Montessori School Inc is located in Homewood, AL. The organization was established in 1969. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2022, Creative Montessori School Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative 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 05/2022, Creative Montessori School Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $2.6m during the year ending 05/2022. While expenses have increased by 6.5% 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
MONTESSORI SCHOOL PROGRAM FOR 257 CHILDREN AGES 18 MONTHS THROUGH ADOLESCENT (MIDDLE SCHOOL)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Smith Director | Trustee | 40 | $91,768 |
Barbara T Spitzer Trustee | Trustee | 1 | $29,778 |
Helen Brandon Director | Officer | 0 | $0 |
Camille Morris Director | Officer | 0 | $0 |
Soumya Niranjan President | Officer | 0 | $0 |
Jessica Powers Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,728 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $269,728 |
| Total Program Service Revenue | $2,753,654 |
| Investment income | $2,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,193 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,073,601 |
| 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 | $1,612,194 |
| Pension plan accruals and contributions | $19,292 |
| Other employee benefits | $71,772 |
| Payroll taxes | $122,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $60,324 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,731 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,141 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $96,083 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $214,833 |
| Insurance | $0 |
| All other expenses | $123,235 |
| Total functional expenses | $2,641,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $930,568 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,630 |
| 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 | $16,051 |
| Net Land, buildings, and equipment | $7,461,209 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,009 |
| Total assets | $8,464,468 |
| Accounts payable and accrued expenses | $12,846 |
| Grants payable | $0 |
| Deferred revenue | $168,258 |
| 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 | $2,690,608 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $122,055 |
| Total liabilities | $2,993,767 |
| Net assets without donor restrictions | $5,438,878 |
| Net assets with donor restrictions | $31,823 |
| 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 | $8,464,468 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Creative Montessori School Inc has recieved totaling $46,100.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Greater Birmingham Birmingham, AL PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS | $41,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Children First Inc Sarasota, FL | $8,906,542 | $13,314,523 |
Washington County Opportunities Inc Greenville, MS | $2,892,910 | $12,059,595 |
Le Jardin Community Center Inc Homestead, FL | $6,704,998 | $12,650,316 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Pine School Inc Hobe Sound, FL | $19,297,694 | $13,018,702 |
Gulfstream School Inc Gulf Stream, FL | $26,409,353 | $8,595,738 |
Jacksonville Country Day School Jacksonville, FL | $17,414,730 | $8,804,940 |
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 |
Sumter County Opportunities Inc Livingston, AL | $567,206 | $6,863,023 |
Greenwood Leflore Educational Foundation Inc Greenwood, MS | $27,528,848 | $8,465,587 |