Discovery Montessori School Inc in Jax Bch, Florida (FL)

Organization representatives - add corrected or new information about Discovery Montessori School Inc »

Non-representatives - add comments about Discovery Montessori School Inc»

Discovery Montessori School Inc
Employer Identification Number (EIN)593020308
Name of OrganizationDiscovery Montessori School Inc
Address102 15th St S, Jax Bch, FL 32250-2617
ActivitiesPrivate school, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date08/1991
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,527,952
Amount of Income$1,591,973
Form 990 Revenue Amount$1,517,664
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Kindergarten, Preschool, Nursery School, Early Admissions


Non-representatives - add comments:


CAPTCHA

Your IP address 18.222.21.139 will be logged.

Amount of income in 2014: $1,591,973 (it was $1,393,982 in 2013)
This organization: 

 $1,591,973
Other organizations performing similar types of work: 

 $322,911

Assets in 2014: $3,527,952 (it was $2,750,308 in 2013)
Discovery Montessori School Inc: 

 $3,527,952
Other organizations performing similar types of work: 

 $187,411

Expenses in 2013: $1,333,841
Discovery Montessori School Inc: 

 $1,333,841
Other organizations performing similar types of work: 

 $367,198

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.0

Number of employees in 2013: 38
This organization: 

 38
Other organizations performing similar types of work: 

 20

Grants share in income in 2013: 4.5%
Discovery Montessori School Inc: 

 4.5%
Other organizations performing similar types of work: 

 2.3%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?YesYes
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?YesNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
20122013
The number reported in Box 3 of Form 109688
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return4338
Did the organization file all required federal employment tax returns?NoYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesNo
Did the organization notify the donor of the value of the goods or services provided?YesNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities $0$0
Gross income from members or shareholders$0$0
Gross income from other sources$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$68,947$100,000
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
20122013
Total revenue$1,310,569$1,393,982
Contributions, Gifts, Grants and Other Similar Amounts$66,148$63,182
Program Service Revenue$1,206,524$1,303,760
Elementary and Secondary Schools $1,022,181$1,150,565
Elementary and Secondary Schools $172,732$135,950
Elementary and Secondary Schools $57,884$59,418
Elementary and Secondary Schools $16,080$13,171
Elementary and Secondary Schools $-62,353$-55,344
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,621$838
Income from investment of tax-exempt bond proceeds$0$0
Royalties$0$0
Net rental income$0$0
Net gain/loss from sales of assets other than inventory$-622$-475
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $622$0 / $475
Gain or (loss) (Securities / Other)$0 / $-622$0 / $-475
Net income/loss from fundraising events$36,527$26,537
Gross income from fundraising events$91,332$74,408
Less: direct expenses$54,805$47,871
Net income/loss from gaming activities$0$0
Net income/loss from sales of inventory$0$0
Miscellaneous Revenue$371$140
Elementary and Secondary Schools $371$140
All other revenue$0$0
Statement of Functional Expenses
20122013
Total functional expenses$1,231,840$1,333,841
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$80,000$100,000
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$641,036$679,144
Pension plan accruals and contributions$8,915$11,776
Other employee benefits$22,136$23,216
Payroll taxes$49,830$56,724
Fees for services (non-employees)
Management$0$0
Legal$4,800$4,400
Accounting$6,900$6,950
Lobbying$0$0
Professional fundraising services$0$0
Investment management fees$0$0
Other$9,272$10,759
Advertising and promotion$15,707$15,869
Office expenses$42,773$48,792
Information technology$5,000$12,068
Royalties$0$0
Occupancy$0$0
Travel$9,531$11,514
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$4,390$8,815
Interest$42,977$42,259
Payments to affiliates$0$0
Depreciation, depletion, and amortization$90,243$94,288
Insurance$0$0
Other expenses$88,432$89,308
Other expenses$27,844$30,929
Other expenses$23,267$21,892
Other expenses$18,442$19,208
Other expenses$40,345$45,930
Balance Sheet
20122013
Total assets$2,823,390$2,750,308
Cash - non-interest-bearing$30,768$250,062
Savings and temporary cash investments$545,664$245,316
Pledges and grants receivable, net$0$0
Accounts receivable, net$23,150$35,485
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$28,879$62,641
Land, buildings, and equipment: cost or other basis$2,180,539$2,140,585
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$14,390$16,219
Other assets$0$0
Total liabilities$1,079,791$946,568
Accounts payable and accrued expenses$174,453$182,981
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$625,826$580,981
Unsecured notes and loans payable to unrelated third parties$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$279,512$182,606
Total net assets or fund balances$1,743,599$1,803,740
Unrestricted net assets$1,729,760$1,789,901
Temporarily restricted net assets$13,839$13,839
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Discovery Montessori School Inc to others? (optional)
  
Add photo of Discovery Montessori School Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Pine School Inc12350 Se Federal Hwy, Hobe Sound, FL 33455-5515FL1970-08$10,465,926
2Vacaville Christian Academy1117 Davis St, Vacaville, CA 95687-5403CA1976-02$9,591,193
3Jacksonville Country Day School10063 Baymeadows Rd, Jacksonville, FL 32256-7178FL1962-07$7,774,246
4Gulfstream School Inc3600 Gulfstream Rd, Gulf Stream, FL 33483-7410FL1964-10$6,478,120
5Saint Josephs Episcopal School Inc3300 S Seacrest Blvd, Boynton Beach, FL 33435FL1990-01$3,124,942
6Creative Learning Academy Of Pensacola Inc3151 Hyde Park Rd, Pensacola, FL 32503-5842FL1973-02$2,246,690
7Miami Christian School200 Nw 109th Ave, Miami, FL 33172-5212FL1956-01$1,942,427
8Discovery Montessori School Inc102 15th St S, Jax Bch, FL 32250-2617FL1991-08$1,591,973
9Charlotte Country Day School Inc365 Orlando Blvd, Pt Charlotte, FL 33954-3504FL1996-10$1,184,306
10New Gate School Inc5237 Ashton Rd, Sarasota, FL 34233-3417FL1993-08$1,135,463
11Montessori Childrens School Of Key West Inc1221 Varela St, Key West, FL 33040-3313FL1972-09$813,340
12Twiggs Learning Tree Child Care And Kindergarten Inc101 10th St, Lake Park, FL 33403-3155FL1995-09$315,121
13Stonesoup School Inc3955 Red Bug Lake Rd, Casselberry, FL 32707-5501FL1972-03$206,618
14South Broward Cradle Nursery Inc2203 Douglas St, Hollywood, FL 33020-1425FL1969-02$87,121
15Seminole Montessori School, NoPo Box 372478, Satellite Bch, FL 32937-0478FL1985-02$33,671
16Christ Lutheran Church Preschool1955 E Oakland Park Blvd, Ft Lauderdale, FL 33306-1103FL1995-01$0
17Lake Park Baptist School625 Park Ave, Lake Park, FL 33403-2501FL1998-04$0
18Summit Christian School Inc9065 Ligon Ct, Fort Myers, FL 33908-3602FL1992-12$0
19Victory Christian School Of Orlando Inc1199 Clay St, Winter Park, FL 32789-5486FL1997-08$0
20Woodland Early Childhood Center Inc9607 E State Road 70, Bradenton, FL 34202-9414FL1995-01$0
Number of organizations performing similar types of work
Alaska8
Alabama6
Arkansas8
Arizona12
California191
Colorado40
Connecticut35
District of Columbia5
Delaware4
Florida29
Georgia19
Hawaii10
Iowa12
Idaho3
Illinois57
Indiana17
Kansas5
Kentucky12
Louisiana9
Massachusetts92
Maryland40
Maine9
Michigan50
Minnesota20
Missouri17
Mississippi11
Montana4
North Carolina34
North Dakota4
Nebraska1
New Hampshire18
New Jersey56
New Mexico13
Nevada1
New York121
Ohio67
Oklahoma7
Oregon26
Pennsylvania46
Rhode Island5
South Carolina5
South Dakota1
Tennessee18
Texas42
Utah10
Virginia39
Vermont15
Washington42
Wisconsin36
West Virginia5
Wyoming5
International3
Total1,345

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Discovery Montessori School Inc and has no official or unofficial affiliation with Discovery Montessori School Inc