World Language Initiative Mt
- Assets
- $66.5k
- Revenue
- $241.2k
- Investments
- $0.0
- Employees
- 25
- Location
- Bozeman, MT
- Founding
- 08/2017
- Data as of
- 07/2023
- EIN
- 82-2212916
Organization Overview
World Language Initiative Mt is located in Bozeman, MT. 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 07/2023, World Language Initiative Mt employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Language Initiative Mt 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 07/2023, World Language Initiative Mt generated $241.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $304.6k during the year ending 07/2023. While expenses have increased by 22.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IT IS THE MISSION OF WORLD LANGUAGE INITIATIVE - MT TO CREATE LANGUAGE AND CULTURE EDUCATION OPPORTUNITIES FOR STUDENTS GRADES K-12 TO CREATE A PIPELINE FOR LANGUAGE EDUCATION IN MONTANA, SUPPORTING STUDENTS AGES 5-100 ON THEIR JOURNEY TOWARDS LANGUAGE ACQUISITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WLI-MT'S MISSION IS TO MAKE LANGUAGE AND CULTURE LEARNING AVAIALBLE TO ALL MONTANANS. IN THIS FISCAL YEAR, WLT-MT OFFERED IN PERSON AND VIRTUAL CLASSES TO PROMOTE AND DEVELOP MULTILINGUALISM AND CULTURAL AWARENESS AMONG CHILDREN AND ADULTS. SPECIFIC PROGRAMS AND PROJECTS INCLUDED: SUMMER CAMPS FOR GRADES K-12; IN-SCHOOL PROGRAMS FOR GRADES K-12; SMALL GROUPS FOR YOUTH AND ADULTS AFTERSCHOOL, IN THE EVENING AND DURING THE LUNCH-HOUR; COACHES-UP! PROVIDING TRAINING TO WLI COACHES IN LANGUAGE CURRICULUM AND BEST PRACTICES IN WORLD LANGUAGE EDUCATION; AND COMMUNITY NIGHTS DESIGNED FOR COMMUNITY BUILDING AND LOCAL AND STATE ADVOCACY. WLI-MT ALSO FOCUSED ON THREE INITIATIVES IN THIS FISCAL YEAR: BOZEMAN ENGLISH LEARNER & LITERACY ALLIANCE (BELLA), ARABIC, AND GERMAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Swann Executive Dir. | Officer | 40 | $7,855 |
Katie Wing Vice President | OfficerTrustee | 2 | $0 |
Nancy Mahoney Treasurer | OfficerTrustee | 2 | $0 |
Lauren Caselli Director | Trustee | 1 | $0 |
Brigitte Morris Director | Trustee | 1 | $0 |
Marilyn Guggenheim President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,465 |
| Total Program Service Revenue | $50,069 |
| Investment income | $2,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,225 |
| 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. | $7,855 |
| Compensation of current officers, directors, key employees. | $2,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,441 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,070 |
| Advertising and promotion | $3,096 |
| Office expenses | $2,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,724 |
| 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 | $0 |
| Insurance | $3,788 |
| All other expenses | $3,949 |
| Total functional expenses | $304,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,511 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,511 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,128 |
| Total liabilities | $13,128 |
| Net assets without donor restrictions | $0 |
| 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 | $53,383 |
| Total liabilities and net assets/fund balances | $66,511 |