The organization provides a montessori school learning center for pre- school and kindergarden age children.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$95K
49% of total assets
Looks good: liabilities are 49% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
+1% vs prior year
Spent
$226K
To programs
93%
Net assets
$97K
By yearFY2020–FY2024
Revenue
$210K
FY2023▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$113K
FY2021$143K
FY2022$208K
FY2023$210K
FY2024$208K
Expenses
$226K
FY2023▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$182K
FY2023$226K
FY2024$223K
Net assets
$97K
FY2023▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$96K
FY2021$85K
FY2022$109K
FY2023$97K
FY2024$82K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $212K Management & general 5% · $12K Fundraising 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Albert Gallatin Planning & Development Corp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers a Montessori school learning center for preschool and kindergarten children.

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Provided by the organization

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1 program · $212K · in their own filed words · FY2023
01

The organization provides a montesorri school learning center for pre- school and kindergarden age children.

$212Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$210K
Ln 12
Fees for servicesLn 2g$195K
Other incomeLn 4–11$11K
Gifts and grantsLn 1h$4K
Money outPt IX
$226K
Ln 25
Programscol B$212K
Managementcol C$12K
Fundraisingcol D$3K
Owns and owesPt X
$97K
net assets · Ln 32
Cash and savingsLn 1–2$19K
Total assetsLn 16$192K
LiabilitiesLn 26$95K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Fees for servicesLn 2g$195K
Other incomeLn 4–11$11K
Total revenueLn 12$210K
Assets in detailPt X, end of year
CashLn 1$19K
Cash and savings togetherLn 1–2$19K
Land, buildings, equipmentLn 10c$173K
Total assetsLn 16$192K
LiabilitiesLn 26$95K
Net assetsLn 32$97K
OperationsPt I, VI
EmployeesI 55
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$34K$19K
Land, buildings, equipmentLn 10c$181K$173K
Total assetsLn 16$215K$192K
LiabilitiesLn 26$106K$95K
Net assetsLn 32$109K$97K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$110K$105K$6K
Payroll taxesLn 10$9K$9K$457
Accounting feesLn 11c$7K$3K$3K
InterestLn 20$5K$5K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$10K$8K$3K
Other expenses (24a–d)Ln 24$49K$49K
All other expensesLn 24e$23K$20K$3K
Total functional expensesLn 25$226K$212K$12K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $208K$223K−$16K$82K 990 PDF
FY2023 Viewing $210K$226K−$16K$97K 990 PDF
FY2022 $208K$182K$26K$109K 990 PDF
FY2021 $143K$85K 990 PDF
FY2020 $113K$96K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $210,195 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $38,271$3,750
I-9 Program service revenuePrior year $169,243$195,184
I-10 Investment income$0
I-11 Other revenue$11,261
I-12 Total revenuePrior year $207,514$210,195
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $98,567$119,504
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $83,043$106,925
I-18 Total expensesPrior year $181,610$226,429
I-19 Revenue less expensesPrior year $25,904−$16,234
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $210,195 across 5 lines filed
VIII-1f All other contributions, gifts and grants$3,750
VIII-1h Total contributions, gifts and grants$3,750
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $195,184$195,184
VIII-8 Net income from fundraising events$11,261
VIII-12 Total revenueRelated to mission $195,184$210,195
Part IX · Statement of functional expenses $226,429 across 8 lines filed
IX-7 Other salaries and wagesPrograms $104,844 · Management $5,518$110,362
IX-10 Payroll taxesPrograms $8,685 · Management $457$9,142
IX-11c Accounting feesPrograms $3,310 · Management $3,310$6,620
IX-20 InterestPrograms $4,683$4,683
IX-22 Depreciation, depletion and amortizationPrograms $13,503$13,503
IX-23 InsurancePrograms $7,709 · Management $2,570$10,279
IX-24 Other expenses (24a–d)Programs $48,919$48,919
IX-24e All other expensesPrograms $20,055 · Fundraising $2,866$22,921
IX-25 Total functional expensesPrograms $211,708 · Management $11,855 · Fundraising $2,866$226,429
Part X · Balance sheet $192,278 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $34,083$18,766
X-4 Accounts receivableStart of year $300$300
X-10c Land, buildings and equipment, netStart of year $180,517$173,212
X-16 Total assetsStart of year $214,900$192,278
X-17 Accounts payable and accrued expensesStart of year $5,074−$313
X-25 Other liabilitiesStart of year $100,781$95,419
X-26 Total liabilitiesStart of year $105,855$95,106
X-27 Net assets without donor restrictionsStart of year $109,045$97,172
X-32 Total net assets or fund balancesStart of year $109,045$97,172
X-33 Total liabilities and net assetsStart of year $214,900$192,278
Part XI · Reconciliation of net assets $97,172 net assets at year end
XI-1 Total revenue$210,195
XI-2 Total expenses$226,429
XI-3 Revenue less expenses−$16,234
XI-4 Net assets at start of year$109,045
XI-9 Other changes in net assets$4,361
XI-10 Net assets at end of year$97,172

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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