Corvallis Montessori Society Inc
- Assets
- $1.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 27
- Location
- Corvallis, OR
- Founding
- 03/1969
- Data as of
- 06/2023
- EIN
- 93-0562020
Organization Overview
Corvallis Montessori Society Inc is located in Corvallis, OR. 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 06/2023, Corvallis Montessori Society Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corvallis 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 06/2023, Corvallis Montessori Society Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 1.5% per year over the past 8 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
THE MISSION OF THE CORVALLIS MONTESSORI SCHOOL IS TO EDUCATE CHILDREN TO THEIR FULLEST POTENTIAL. WE STRIVE TO HELP CHILDREN DEVELOP AND MAINTAIN THEIR INNATE LOVE OF LEARNING AND TO MAKE EDUCATION A JOYFUL LIFELONG PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORVALLIS MONTESSORI SCHOOL PROVIDES EARLY CHILDHOOD EDUCATION THAT BUILDS A STRONG FOUNDATION FOR CONFIDENT, COMPASSIONATE PARTICIPATION IN THE WORLD. WE NURTURE EACH CHILD'S UNIQUE GIFTS, PASSION FOR LEARNING AND INDEPENDENCE. WE ENROLL CHILDREN BETWEEN THE AGES OF 15 MONTHS TO 6 YEARS OLD. PROGRAMS INCLUDE A TODDLER HOUSE AND MONTESSORI PRIMARY (PRE-SCHOOL AND KINDERGARTEN). WE OFFER CHILDCARE BEFORE AND AFTER SCHOOL IN ALL PROGRAMS. OUR CURRICULUM IS RESEARCH BASED, FOLLOWING THE PRACTICES DEFINED THROUGH SCIENTIFIC OBSERVATION BY DR. MARIA MONTESSORI. THESE INCLUDE INDIVIDUALIZED LESSON PLANS, FREEDOM OF MOVEMENT, HANDS-ON EXPERIENTIAL LEARNING, AND OPPORTUNITIES TO LEARN INDOORS AND OUTDOORS.
OTHER RELATED SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Basham Executive Di | Trustee | 40 | $97,340 |
Cassie Siler Vice Preside | OfficerTrustee | 2 | $0 |
Dawn Dougherty Secretary | OfficerTrustee | 2 | $0 |
Jill Hein Member | Trustee | 1 | $0 |
Jared Thayer Member | Trustee | 1 | $0 |
Kyle Smith President | OfficerTrustee | 4 | $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 | $2,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,230 |
| Total Program Service Revenue | $1,240,037 |
| Investment income | $491 |
| 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 | $1,242,758 |
| 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. | $97,340 |
| Compensation of current officers, directors, key employees. | $97,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $590,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $106,889 |
| Payroll taxes | $51,345 |
| Fees for services: Management | $1,167 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,918 |
| Advertising and promotion | $5,812 |
| Office expenses | $11,954 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,483 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,352 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,804 |
| Insurance | $19,245 |
| All other expenses | $0 |
| Total functional expenses | $1,089,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,134 |
| Savings and temporary cash investments | $635,296 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,677 |
| 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 | $1,735 |
| Net Land, buildings, and equipment | $728,691 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,958 |
| Other assets | $0 |
| Total assets | $1,636,491 |
| Accounts payable and accrued expenses | $8,280 |
| Grants payable | $0 |
| Deferred revenue | $87,536 |
| 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 | $263,723 |
| Total liabilities | $359,539 |
| Net assets without donor restrictions | $1,276,952 |
| 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 | $1,636,491 |