Civic Intelligence

Monocacy Montessori Communities Inc

990 • Fiscal year 2019 • EIN 45-0481461

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 11, 2019

217 Dill AvenueFrederick, MD 21701

(301) 631-3888

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

33rd percentile

0.03x

Higher debt load relative to revenue than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,243,123

Up $492,818 (+28%) from 2018

Net Assets

Up

$2,197,525

Up $511,181 (+30%) from 2018

Liabilities

Down

$45,598

Down $18,363 (-29%) from 2018

Revenue

Up

$1,435,679

Up $145,813 (+11%) from 2018

Expenses

Down

$924,498

Down $2,849 (-0.3%) from 2018

Net Income

Up

$511,181

Up $148,662 (+41%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2012: $959,953Liabilities 2012: $313,247Net Assets 2012: $646,7062012Assets 2013: $619,906Liabilities 2013: $326,321Net Assets 2013: $293,5852013Assets 2014: $497,005Liabilities 2014: $188,125Net Assets 2014: $308,8802014Assets 2015: $624,090Liabilities 2015: $148,027Net Assets 2015: $476,0632015Assets 2016: $856,493Liabilities 2016: $6,787Net Assets 2016: $849,7062016Assets 2017: $1,391,610Liabilities 2017: $67,785Net Assets 2017: $1,323,8252017Assets 2018: $1,750,305Liabilities 2018: $63,961Net Assets 2018: $1,686,3442018Assets 2019: $2,243,123Liabilities 2019: $45,598Net Assets 2019: $2,197,5252019Assets 2020: $2,593,065Liabilities 2020: $13,741Net Assets 2020: $2,579,3242020Assets 2021: $3,235,842Liabilities 2021: $12,849Net Assets 2021: $3,222,9932021Assets 2022: $4,065,260Liabilities 2022: $45,569Net Assets 2022: $4,019,6912022Assets 2023: $5,280,157Liabilities 2023: $118,593Net Assets 2023: $5,161,5642023Assets 2024: $23,999,982Liabilities 2024: $17,254,407Net Assets 2024: $6,745,5752024Assets 2025: $24,838,121Liabilities 2025: $17,523,481Net Assets 2025: $7,314,6402025

Highlighted filing

2019

Assets$2,243,123
Liabilities$45,598
Net Assets$2,197,525

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2012: $992,397Expenses 2012: $428,887Net Income 2012: $563,5102012Expenses 2013: $892,6812013Revenue 2014: $722,136Expenses 2014: $700,091Net Income 2014: $22,0452014Revenue 2015: $1,092,236Expenses 2015: $925,053Net Income 2015: $167,1832015Revenue 2016: $1,280,166Expenses 2016: $906,523Net Income 2016: $373,6432016Revenue 2017: $1,449,482Expenses 2017: $956,625Net Income 2017: $492,8572017Revenue 2018: $1,289,866Expenses 2018: $927,347Net Income 2018: $362,5192018Revenue 2019: $1,435,679Expenses 2019: $924,498Net Income 2019: $511,1812019Revenue 2020: $1,210,547Expenses 2020: $828,748Net Income 2020: $381,7992020Revenue 2021: $1,501,518Expenses 2021: $857,849Net Income 2021: $643,6692021Revenue 2022: $1,670,047Expenses 2022: $873,349Net Income 2022: $796,6982022Revenue 2023: $2,298,296Expenses 2023: $1,263,244Net Income 2023: $1,035,0522023Revenue 2024: $3,627,922Expenses 2024: $1,290,764Net Income 2024: $2,337,1582024Revenue 2025: $2,063,452Expenses 2025: $1,552,820Net Income 2025: $510,6322025

Highlighted filing

2019

Revenue$1,435,679
Expenses$924,498
Net Income$511,181
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$1,441,150
Mission and Program Overview

Mission

The mission of monocacy montessori communities is to provide all children in frederick county access to a high quality montessori education that is free of charge through the establishment and management of public charter schools.

Mmci is a community based non-profit organization that develops, operates and sustains public charter schools in accordance with the montessori philosophy for the education and enrichment of students in frederick county, maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$772,124$1,089,083▲ $316,959
Accounts Receivable$772,562$1,020,368▲ $247,806
Land, Buildings, and Equipment, Net$184,561$112,838▼ $71,723
Prepaid Expenses and Deferred Charges$20,958$20,734▼ $224
Pledges and Grants Receivable$100$100→ $0
Total Assets$1,750,305$2,243,123▲ $492,818
Liabilities
Other Liabilities$59,494$32,443▼ $27,051
Accounts Payable and Accrued Expenses$4,467$13,155▲ $8,688
Total Liabilities$63,961$45,598▼ $18,363
Net Assets / Fund Balance
Unrestricted Net Assets$1,652,036$2,161,231▲ $509,195
Temporarily Rstr Net Assets$34,308$36,294▲ $1,986
Total Net Assets Fund Balance$1,686,344$2,197,525▲ $511,181
Total Liabilities and Net Assets / Fund Balance$1,750,305$2,243,123▲ $492,818

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$112,790$671,191$783,981
Equipment$48$65,337$65,385
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy DuvallPresident
Melissa NajeraAssistant Tr
Libby MillerNon-parent T
Deb Knox-teitelParent Trust
Deb KorthParent Trust
Jeffrey KoehlerParent Trust
Matthew MillsParent Trust
Shemica SheppardParent Trust
Molly SpenceSecretary
Kevin WilfongTreasurer
Kathleen LutrellVice Preside
Liz SealVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Westlake One Partnership LLPRent110 BAUGHMAN LANE SUITE 210, Frederick, MD 21702$420,182
Msmc LLCRent1306 WOODSIDE PARKWAY, Silver Spring, MD 20910$248,951
Revenue and Support

Revenue Composition

Contributions and Grants
$1,377,250
Program Service Revenue
$21,205
Investment Income
$1,414
Other Revenue
$35,810
All Other Contributions
$10,236
Change in Net Assets
$511,181

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,435,679
Revenue Not Reported on Form 990
$4,157,684
Total Revenue per Audited Statements
$5,593,363
Total Revenue per Form 990
$1,435,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$901,429
Salaries, Compensation, and Employee Benefits$23,069
Total Fundraising Expense$3,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$663,695--$663,695
Depreciation Depletion$71,723--$71,723
Other Salaries and Wages$7,454$10,645$3,222$21,321
Information Technology$2,591$14,120$55$16,766
Insurance$12,250$3,360-$15,610
Fees for Services Accounting-$11,175-$11,175
Office Expenses$656$2,527$516$3,699
Other Expenses$3,044$595-$3,044
All Other Expenses$1,637$126-$1,763
Payroll Taxes$99$1,649-$1,748
Fees for Services Legal$1,560--$1,560
Fees for Services Other--$60$60
Total Functional Expenses$876,448$44,197$3,853$924,498

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,082,182
Expenses Not Reported on Form 990$4,157,684
Expenses per Audited Statements$924,498
Total Expenses per Form 990$924,498
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,772
Fundraising Direct Expenses$5,471
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race for Educat$11,428$11,428$1,607$9,821
Total Events$11,428$11,428$1,607$9,821
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Expense$22,556
Reimbursement Escrow$9,887
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Mmci is a member organization consisting of the parents of children who attend either monocacy valley montessori public charter school or carroll creek montessori public charter school and the staff who work at either school.

Form 990, Page 6, Part VI, Line 7A

All members of mmci elect the board of trustees members as well as the members of the governing council for their specific schools.

Form 990, Page 6, Part VI, Line 7B

Decisions of the governing body that are subject to membership approval are listed in the by-laws. Any changes to the by-laws must be approved as described in the by-laws.

Form 990, Page 6, Part VI, Line 8B

No committees have the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The draft irs form 990 will be provided to the board prior to filing.

Form 990, Page 6, Part VI, Line 15B

Officers and board members are not compensated. Board of trustees reviews, discusses, and votes on employee compensation.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Monocacy Montessori Communities
EIN
45-0481461
Phone
3016313888
Address
217 DILL AVENUE, FREDERICK, MD 21701

Signing Officer

Name
Kevin Wilfong
Title
Treasurer
Phone
3016313888
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Koehler
Formed
2002
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
300

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
Preparer
Allen P Deleon CPA
Phone
3019489825
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of monocacy montessori communities is to provide all children in frederick county access to a high quality montessori education that is free of charge through the establishment and management of public charter schools.

Form 990, Part XI, Line 9

Direct fundraising expenses 5,471 direct fundraising expenses -5,471

Financial Statement Notes

Schedule D, Page 3, Part X

Mmci adopted fasb asc 740-10 and accounting standards update (asu) 2009-06. As part of that adoption, mmci considered the possibility of uncertain tax positions and their impact on the financial position of the organization. The most significant tax position of the organization is its tax-exempt status. As of june 30, 2019 and 2018, management did not identify any uncertain tax positions. The organization accrues interest and penalties (if applicable) in income taxes payable on the statement of financial position and records any expense in the provision for income taxes in the statement of activities. Mmci had no penalties or income taxes for the years ended june 30, 2019 and 2018. Pursuant to internal revenue service rules for the statue of limitations, the organization believes it is no longer subject to u.s. Federal, state, and local income tax examinations by taxing authorities for years before 2016.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 5,471

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 5,471

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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt055
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014120
IRS990/InformationTechnologyGrp/ProgramServicesAmt02591
IRS990/InformationTechnologyGrp/TotalAmt016766
IRS990/InsuranceGrp/ManagementAndGeneralAmt03360
IRS990/InsuranceGrp/ProgramServicesAmt012250
IRS990/InsuranceGrp/TotalAmt015610
IRS990/InvestmentIncomeGrp/ExclusionAmt01414
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01414
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0184561
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0112838
IRS990/LandBldgEquipCostOrOtherBssAmt0849366
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF MONOCACY MONTESSORI COMMUNITIES IS TO PROVIDE ALL CHILDREN IN FREDERICK COUNTY ACCESS TO A HIGH QUALITY MONTESSORI EDUCATION THAT IS FREE OF CHARGE THROUGH THE ESTABLISHMENT AND MANAGEMENT OF PUBLIC CHARTER SCHOOLS.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0663695
IRS990/OccupancyGrp/TotalAmt0663695
IRS990/OfficeExpensesGrp/FundraisingAmt0516
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02527
IRS990/OfficeExpensesGrp/ProgramServicesAmt0656
IRS990/OfficeExpensesGrp/TotalAmt03699
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0GRANT EXPENSE
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2SCHOOL EXPENSES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0595
IRS990/OtherExpensesGrp/ProgramServicesAmt089046
IRS990/OtherExpensesGrp/ProgramServicesAmt115637
IRS990/OtherExpensesGrp/ProgramServicesAmt27056
IRS990/OtherExpensesGrp/ProgramServicesAmt33044
IRS990/OtherExpensesGrp/TotalAmt089046
IRS990/OtherExpensesGrp/TotalAmt116232
IRS990/OtherExpensesGrp/TotalAmt27056
IRS990/OtherExpensesGrp/TotalAmt33044
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IRS990/OtherLiabilitiesGrp/EOYAmt032443
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER MISC.
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt186
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016423
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt186
IRS990/OtherRevenueTotalAmt016509
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03222
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010645
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07454
IRS990/OtherSalariesAndWagesGrp/TotalAmt021321
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01649
IRS990/PayrollTaxesGrp/ProgramServicesAmt099
IRS990/PayrollTaxesGrp/TotalAmt01748
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0100
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020958
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020734
IRS990/PrincipalOfficerNm0JEFF KOEHLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTER CARE
IRS990/ProgramServiceRevenueGrp/Desc1ENRICHMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13873
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13873
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01255463
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0853
IRS990/PYOtherExpensesAmt0910582
IRS990/PYOtherRevenueAmt08188
IRS990/PYProgramServiceRevenueAmt025362
IRS990/PYRevenuesLessExpensesAmt0362519
IRS990/PYSalariesCompEmpBnftPaidAmt016765
IRS990/PYTotalExpensesAmt0927347
IRS990/PYTotalRevenueAmt01289866
IRS990/ReconcilationRevenueExpnssAmt0511181
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt04152213
IRS990ScheduleD/DonatedServicesUseFcltsAmt04152213
IRS990ScheduleD/EquipmentGrp/BookValueAmt048
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065385
IRS990ScheduleD/ExpensesNotReportedAmt04157684
IRS990ScheduleD/ExpensesSubtotalAmt0924498
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0112790
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0671191
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0783981
IRS990ScheduleD/OtherExpensesIncludedAmt05471
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19887
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REIMBURSEMENT ESCROW
IRS990ScheduleD/OtherRevenueAmt05471
IRS990ScheduleD/RevenueNotReportedAmt04157684
IRS990ScheduleD/RevenueSubtotalAmt01435679
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MMCI ADOPTED FASB ASC 740-10 AND ACCOUNTING STANDARDS UPDATE (ASU) 2009-06. AS PART OF THAT ADOPTION, MMCI CONSIDERED THE POSSIBILITY OF UNCERTAIN TAX POSITIONS AND THEIR IMPACT ON THE FINANCIAL POSITION OF THE ORGANIZATION. THE MOST SIGNIFICANT TAX POSITION OF THE ORGANIZATION IS ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2019 AND 2018, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION ACCRUES INTEREST AND PENALTIES (IF APPLICABLE) IN INCOME TAXES PAYABLE ON THE STATEMENT OF FINANCIAL POSITION AND RECORDS ANY EXPENSE IN THE PROVISION FOR INCOME TAXES IN THE STATEMENT OF ACTIVITIES. MMCI HAD NO PENALTIES OR INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2019 AND 2018. PURSUANT TO INTERNAL REVENUE SERVICE RULES FOR THE STATUE OF LIMITATIONS, THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 5,471
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 5,471
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0112838
IRS990ScheduleD/TotalExpensesPerForm990Amt0924498
IRS990ScheduleD/TotalLiabilityAmt032443
IRS990ScheduleD/TotalRevenuePerForm990Amt01435679
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05593363
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05082182
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL PUBLICATIONS PRODUCED BY THE SCHOOLS STATE THAT THEY ARE OPEN TO ANY CHILD WHO CAN BENEFIT FROM THE SCHOOL'S EDUCATION PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL GETS A PER PUPIL ALLOCATION FROM THE FREDERICK COUNTY PUBLIC SCHOOL SYSTEM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01607
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RACE FOR EDUCAT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011428
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt011428
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011428
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt011428
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09821
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01607
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01607
IRS990ScheduleG/StatesWhereGamingConductedCd0MD
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF MONOCACY MONTESSORI COMMUNITIES IS TO PROVIDE ALL CHILDREN IN FREDERICK COUNTY ACCESS TO A HIGH QUALITY MONTESSORI EDUCATION THAT IS FREE OF CHARGE THROUGH THE ESTABLISHMENT AND MANAGEMENT OF PUBLIC CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MMCI IS A MEMBER ORGANIZATION CONSISTING OF THE PARENTS OF CHILDREN WHO ATTEND EITHER MONOCACY VALLEY MONTESSORI PUBLIC CHARTER SCHOOL OR CARROLL CREEK MONTESSORI PUBLIC CHARTER SCHOOL AND THE STAFF WHO WORK AT EITHER SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF MMCI ELECT THE BOARD OF TRUSTEES MEMBERS AS WELL AS THE MEMBERS OF THE GOVERNING COUNCIL FOR THEIR SPECIFIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS OF THE GOVERNING BODY THAT ARE SUBJECT TO MEMBERSHIP APPROVAL ARE LISTED IN THE BY-LAWS. ANY CHANGES TO THE BY-LAWS MUST BE APPROVED AS DESCRIBED IN THE BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DRAFT IRS FORM 990 WILL BE PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICERS AND BOARD MEMBERS ARE NOT COMPENSATED. BOARD OF TRUSTEES REVIEWS, DISCUSSES, AND VOTES ON EMPLOYEE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DIRECT FUNDRAISING EXPENSES 5,471 DIRECT FUNDRAISING EXPENSES -5,471
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 8B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$24.8$17.5$7.31$2.06$1.55$0.51
2024Detailed filing. Detailed filing data is available for this year.$24.0$17.3$6.75$3.63$1.29$2.34
2023Detailed filing. Detailed filing data is available for this year.$5.28$0.12$5.16$2.30$1.26$1.04
2022Detailed filing. Detailed filing data is available for this year.$4.07$0.05$4.02$1.67$0.87$0.80
2021Detailed filing. Detailed filing data is available for this year.$3.24$0.01$3.22$1.50$0.86$0.64
2020Detailed filing. Detailed filing data is available for this year.$2.59$0.01$2.58$1.21$0.83$0.38
2019Detailed filing. Detailed filing data is available for this year.$2.24$0.05$2.20$1.44$0.92$0.51
2018Detailed filing. Detailed filing data is available for this year.$1.75$0.06$1.69$1.29$0.93$0.36
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.07$1.32$1.45$0.96$0.49
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.01$0.85$1.28$0.91$0.37
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.15$0.48$1.09$0.93$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.19$0.31$0.72$0.70$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.33$0.29$0.89
2012Summary only. Only limited summary data is available for this year.$0.96$0.31$0.65$0.99$0.43$0.56