Upper Valley Montessori Society Inc
- Assets
- $1.5m
- Revenue
- $544.7k
- Investments
- $0.0
- Employees
- 43
- Location
- Edinburg, TX
- Founding
- 10/1975
- Data as of
- 07/2021
- EIN
- 74-1797199
Organization Overview
Upper Valley Montessori Society Inc is located in Edinburg, TX. The organization was established in 1975. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2021, Upper Valley Montessori Society Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upper Valley Montessori Society 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 07/2021, Upper Valley Montessori Society Inc generated $544.7k 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 (12.4%) each year. All expenses for the organization totaled $933.4k during the year ending 07/2021. 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
THE CORPORATION OPERATES A SCHOOL WHOSE PRIMARY FUNCTION IS FORMAL EDUCATION. IT HAS A REGULAR FACULTY, CURRICULUM AND AN ENROLLED STUDENT BODY. THE NUMBER OF STUDENTS AVERAGES 236. IT ALSO OPERATES A DAY CARE CENTER FOR THE BENEFIT OF ITS STUDENTS AND THEIR PARENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AN EDUCATIONAL SETTING WITH A MONTESSORI BACKGROUND AND INFLUENCE AND TO EXPAND THE MONTESSORI'S EDUCATIONAL SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leticia G Sanchez Director | Officer | 40 | $69,759 |
David Flores VP Of Finance | Trustee | 1 | $0 |
Elena Rashid President | Trustee | 1 | $0 |
Juan Mujica VP Of Community Relations | Trustee | 1 | $0 |
Lino Ochoa VP Of Administration | Trustee | 1 | $0 |
Anastasia Perez Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $532 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,686 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,218 |
| Total Program Service Revenue | $539,095 |
| Investment income | $512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$141 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $544,684 |
| 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. | $69,759 |
| Compensation of current officers, directors, key employees. | $69,759 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $466,509 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $41,679 |
| Fees for services: Management | $4,633 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,594 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,199 |
| Office expenses | $7,080 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40,119 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,585 |
| Insurance | $79,227 |
| All other expenses | $38,567 |
| Total functional expenses | $933,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,434 |
| Savings and temporary cash investments | $116,402 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,968 |
| 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 | $1,319,073 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $1,510,977 |
| Accounts payable and accrued expenses | $2,449 |
| Grants payable | $0 |
| Deferred revenue | $77,200 |
| 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 | $689,259 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $485,363 |
| Total liabilities | $1,254,271 |
| Net assets without donor restrictions | $256,706 |
| 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 | $1,510,977 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Upper Valley Montessori Society Inc has recieved totaling $155.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Academy Addison, TX | $65,459,089 | $30,244,253 |
St Andrews Episcopal School Inc Austin, TX | $93,484,492 | $28,935,515 |
Community School For Apprenticeship Learning Inc Baton Rouge, LA | $35,523,575 | $32,794,554 |
Metairie Park Country Day School Metairie, LA | $48,222,871 | $23,246,338 |
Idea Public Schools Louisiana Inc Baton Rouge, LA | $5,073,579 | $25,941,968 |
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
Sandia School Albuquerque, NM | $27,571,490 | $14,904,182 |
French & Montessori Education Inc New Orleans, LA | $8,632,060 | $13,354,447 |
Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |
The Lamplighter School Dallas, TX | $61,812,607 | $20,667,782 |