Montessori Renaissance Academy is located in Anoka, MN. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Montessori Renaissance Academy employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Renaissance Academy 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 06/2021, Montessori Renaissance Academy generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 18.9% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CREATING A LEARNING ENVIRONMENT THAT MEETS THE NEEDS OF EVERY CHILD BASED ON THE PHILOSOPHY AND METHODS DEVELOPED BY DR. MARIA MONTESSORI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF 16-MONTH TO 8TH GRADE STUDENTS BASED ON THE PHILOSOPHY AND METHODS DEVELOPED BY DR. MARIA MONTESSORI.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Hunstad CEO | OfficerTrustee | 40 | $22,000 |
Jennifer Creager Director | Trustee | 2 | $0 |
Annmarie Lancaster Director | Trustee | 2 | $0 |
Kiel Jenkin Director | Trustee | 2 | $0 |
Thomas Jenson Director | Trustee | 2 | $0 |
Jessi Gurr Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $421,394 |
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 | $421,394 |
Total Program Service Revenue | $1,137,405 |
Investment income | $148 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,568,502 |
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. | $22,000 |
Compensation of current officers, directors, key employees. | $17,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $649,470 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $51,513 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,189 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $100 |
Advertising and promotion | $13,590 |
Office expenses | $43,500 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $95,697 |
Travel | $0 |
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 | $32,029 |
Insurance | $26,692 |
All other expenses | $23,319 |
Total functional expenses | $1,109,758 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $371,919 |
Savings and temporary cash investments | $232,554 |
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 | $1,418,878 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,023,351 |
Accounts payable and accrued expenses | $0 |
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 | $1,722,417 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $47,130 |
Total liabilities | $1,769,547 |
Net assets without donor restrictions | $253,804 |
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 | $2,023,351 |
Over the last fiscal year, we have identified 1 grants that Montessori Renaissance Academy has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Connexus Energy Foundation Ramsey, MN PURPOSE: YOUR COMMUNITY YOUR CHOICE WINNER | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Duluth Public Schools Academy Duluth, MN | $11,300,582 | $19,293,947 |
Providence Academy Plymouth, MN | $90,830,285 | $18,450,860 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |
Prairie School Inc Racine, WI | $75,801,246 | $20,722,980 |
Indian Community School Inc Franklin, WI | $820,604,355 | $21,906,582 |
Open Sky Education Inc Waukesha, WI | $15,604,401 | $16,173,980 |
Community Of Peace Academy St Paul, MN | $12,629,735 | $12,830,320 |
Des Moines Christian School Urbandale, IA | $33,454,159 | $19,777,183 |
New Millennium Academy Brooklyn Center, MN | $9,494,362 | $13,749,517 |
Tiospa Zina Tribal School Agency Village, SD | $23,159,499 | $11,778,835 |
Marty Indian School Board Inc Marty, SD | $22,784,414 | $13,798,378 |
Hope Community Academy St Paul, MN | $7,239,866 | $9,388,548 |