Little Star School Montessori
- Assets
- $3.9m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 81
- Location
- Winthrop, WA
- Founding
- 07/1983
- Data as of
- 06/2023
- EIN
- 91-1193700
Organization Overview
Little Star School Montessori is located in Winthrop, WA. The organization was established in 1983. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Little Star School Montessori employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Star School Montessori 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 06/2023, Little Star School Montessori generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. While expenses have increased by 14.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A MONTESSORI SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITTLE STAR SCHOOL OPERATES AN EARLY CHILDHOOD EDUCATION SCHOOL THAT FOLLOWS THE MONTESSORI PHILOSOPHY. TUITION IS OUR MAIN SOURCE OF INCOME, AND ENROLLMENT IN 2022-2023 WAS 124 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latanya Ott President | Officer | 1 | $0 |
Will Kiefer Vice President | Officer | 1 | $0 |
Brad Halm Executive Director | Officer | 40 | $64,092 |
Steve Hirsch Treasurer | Officer | 1 | $0 |
Tracey March Secretary | Officer | 1 | $0 |
Leverett Hubbard Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $58,300 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $908,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $967,102 |
| Total Program Service Revenue | $1,171,471 |
| Investment income | $34,064 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$499 |
| Net Income from Fundraising Events | $90,726 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,262,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $132,040 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,092 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $925,227 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $12,520 |
| Other employee benefits | $0 |
| Payroll taxes | $96,014 |
| Fees for services: Management | $1,644 |
| Fees for services: Legal | $1,146 |
| Fees for services: Accounting | $3,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $578 |
| Office expenses | $3,934 |
| Information technology | $12,301 |
| Royalties | $0 |
| Occupancy | $172,174 |
| 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 | $54,386 |
| Insurance | $0 |
| All other expenses | $14,595 |
| Total functional expenses | $1,539,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $608,373 |
| Savings and temporary cash investments | $307,405 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,443 |
| 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 | $1,702,451 |
| Investments—publicly traded securities | $1,308,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,240 |
| Total assets | $3,934,567 |
| Accounts payable and accrued expenses | $7,247 |
| 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 | $39,248 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,495 |
| 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 | $3,888,072 |
| Total liabilities and net assets/fund balances | $3,934,567 |