Civic Intelligence

Montessori Education Fund Inc

EIN 45-4458890 • 501(c)3 • Richmond, TX

Profile

Mefi is dedicated to a "long view" of education: providing a sound foundation with mastery of concepts which prepares the child to be a contributing member of his/her society from early age to adulthood.

7233 South Mason RdRichmond, TX 77407

www.mhfcschools.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.10x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

2nd percentile

-217%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

21st percentile

-9.0%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$669,481

Down $65,830 (-9.0%) from 2023

Liabilities

Down

$2,632

Down $8,436 (-76%) from 2023

Net Assets

Down

$666,849

Down $57,394 (-7.9%) from 2023

Revenue

Down

$26,450

Down $1,219,802 (-98%) from 2023

Expenses

Down

$83,844

Down $878,024 (-91%) from 2023

Net Income

Down

-$57,394

Down $341,778 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0-$200KAssets 2016: $74,819Liabilities 2016: $14,555Net Assets 2016: $60,2642016Assets 2017: $19,646Liabilities 2017: $53,825Net Assets 2017: -$34,1792017Assets 2018: $49,681Liabilities 2018: $93,129Net Assets 2018: -$43,4482018Assets 2019: $57,718Liabilities 2019: $80,927Net Assets 2019: -$23,2092019Assets 2020: $283,018Liabilities 2020: $203,057Net Assets 2020: $79,9612020Assets 2021: $384,866Liabilities 2021: $218,728Net Assets 2021: $166,1382021Assets 2022: $645,132Liabilities 2022: $205,273Net Assets 2022: $439,8592022Assets 2023: $735,311Liabilities 2023: $11,068Net Assets 2023: $724,2432023Assets 2024: $669,481Liabilities 2024: $2,632Net Assets 2024: $666,8492024

Highlighted filing

2024

Assets$669,481
Liabilities$2,632
Net Assets$666,849

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $191,221Expenses 2016: $139,602Net Income 2016: $51,6192016Revenue 2017: $302,677Expenses 2017: $385,394Net Income 2017: -$82,7172017Revenue 2018: $392,749Expenses 2018: $402,018Net Income 2018: -$9,2692018Revenue 2019: $491,714Expenses 2019: $471,475Net Income 2019: $20,2392019Revenue 2020: $454,922Expenses 2020: $351,752Net Income 2020: $103,1702020Revenue 2021: $613,301Expenses 2021: $527,124Net Income 2021: $86,1772021Revenue 2022: $1,036,869Expenses 2022: $682,559Net Income 2022: $354,3102022Revenue 2023: $1,246,252Expenses 2023: $961,868Net Income 2023: $284,3842023Revenue 2024: $26,450Expenses 2024: $83,844Net Income 2024: -$57,3942024

Highlighted filing

2024

Revenue$26,450
Expenses$83,844
Net Income-$57,394

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 4, 2025
Return Version
2024v5.0
Gross Receipts
$26,450
Mission and Program Overview

Mission

Mefi is dedicated to a "long view" of education: providing a sound foundation with mastery of concepts which prepares the child to be a contributing member of his/her society from early age to adulthood.

Grounded in the principles and practices of the montessori education, our mission is to cultivate the greatest potential within every person.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$623,188$587,244▼ $35,944
Cash and Non-Interest-Bearing Accounts$112,123$71,778▼ $40,345
Receivables From Officers Etc-$10,459-
Total Assets$735,311$669,481▼ $65,830
Liabilities
Accounts Payable and Accrued Expenses$11,068$2,632▼ $8,436
Total Liabilities$11,068$2,632▼ $8,436
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$724,243$666,849▼ $57,394
Total Net Assets Fund Balance$724,243$666,849▼ $57,394
Total Liabilities and Net Assets / Fund Balance$735,311$669,481▼ $65,830
Compensation and Service Providers

Board Members and Trustees

NameTitle
Julietta PalyanPresident
Pam NelsonBusiness Man
Aly CarberrySecretary
Michael ScottTreasurer
Tammy NguyenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,332
Program Service Revenue
$3,167
Investment Income
$17,413
Other Revenue
$2,538
All Other Contributions
$3,332
Change in Net Assets
$-57,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,203
Salaries, Compensation, and Employee Benefits$24,601
Grants and Similar Amounts Paid$1,040
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,230$9,871-$14,101
Other Employee Benefits$6,945$3,555-$10,500
Office Expenses$1,055$3,424-$4,479
Fees for Services Accounting-$3,900-$3,900
Advertising-$3,628-$3,628
Fees for Services Legal-$2,520-$2,520
Conferences and Meetings$641$1,497-$2,138
Information Technology-$1,889-$1,889
Occupancy$529$1,235-$1,764
Travel$301$863-$1,164
Grants to Domestic Orgs$1,040--$1,040
Other Expenses$744$2,963-$744
Total Functional Expenses$48,499$35,345$0$83,844
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$10,459-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is prepared by a cpa who is experienced with non-profit organizations. A draft is sent to the board for their review. Once all questions are answered, and any necessary changes are made, the form 990 is e-filed. When the form 990 is accepted, a copy of the acceptance and final return are sent to the board.

Form 990, Page 6, Part VI, Line 12C

Each board member is required to disclose any financial, personal, or official interest in, or conflict (or appearance of a conflict) with any matter pending before the board. If there is a conflict, the board member recuses him/her self from discussion and voting on said matter.

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

The business manager volunteers her time and effort for the organization and does not take any compensation.

Form 990, Page 6, Part VI, Line 19

Limited governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Montessori Education Fund Inc
EIN
45-4458890
Phone
2812393400
Address
7233 SOUTH MASON RD, RICHMOND, TX 77407

Signing Officer

Name
Julietta Palyan
Title
President
Phone
2812393400
Signed
2025-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julietta Palyan
Formed
2012
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
24

Preparer

Firm
Ratliff & Associates Pc
Address
2501 PARKVIEW DR STE 205, FORT WORTH, TX 76102
Preparer
Jonathan Tucker
Phone
8173323222
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

As of december 31, 2023 the organization ceased all classroom activities. Additionally, the organization sold their right to hold classes for ages 6 to 12 to lakemont montessori school, inc. The organization will continue its mission to support montessori education. As a result of the transaction in 2024, programs have been reduced to the description provided on part iii line 4a.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT MAKE DECISIONS BASED ON RACIAL COMPOSITION, AND THEREFORE THEY DO NOT ASK APPLICANTS OR EMPLOYEES TO ANSWER ETHNICITY/RACE QUESTIONS. THEIR RECORDS ARE IN THE FORM OF SURNAMES. FROM THESE, AND FROM THEIR HOSTED CULTURAL EVENTS AND FAMILY PARTICIPATION IN INTERNATIONAL PICNICS WHERE THEY SHARE THEIR CUSTOMS, FOODS, DRESS ETC FROM THEIR COUNTRY OF ORIGIN, THE MEFI COMMUNITY KNOWS THROUGH WORDS AND ACTIONS THAT THEY ARE A MULTI-CULTURAL AND MULTI-FAMILY STYLE ENVIRONMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS OF DECEMBER 31, 2023 THE ORGANIZATION CEASED ALL CLASSROOM ACTIVITIES. ADDITIONALLY, THE ORGANIZATION SOLD THEIR RIGHT TO HOLD CLASSES FOR AGES 6 TO 12 TO LAKEMONT MONTESSORI SCHOOL, INC. THE ORGANIZATION WILL CONTINUE ITS MISSION TO SUPPORT MONTESSORI EDUCATION. AS A RESULT OF THE TRANSACTION IN 2024, PROGRAMS HAVE BEEN REDUCED TO THE DESCRIPTION PROVIDED ON PART III LINE 4A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY A CPA WHO IS EXPERIENCED WITH NON-PROFIT ORGANIZATIONS. A DRAFT IS SENT TO THE BOARD FOR THEIR REVIEW. ONCE ALL QUESTIONS ARE ANSWERED, AND ANY NECESSARY CHANGES ARE MADE, THE FORM 990 IS E-FILED. WHEN THE FORM 990 IS ACCEPTED, A COPY OF THE ACCEPTANCE AND FINAL RETURN ARE SENT TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS REQUIRED TO DISCLOSE ANY FINANCIAL, PERSONAL, OR OFFICIAL INTEREST IN, OR CONFLICT (OR APPEARANCE OF A CONFLICT) WITH ANY MATTER PENDING BEFORE THE BOARD. IF THERE IS A CONFLICT, THE BOARD MEMBER RECUSES HIM/HER SELF FROM DISCUSSION AND VOTING ON SAID MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BUSINESS MANAGER VOLUNTEERS HER TIME AND EFFORT FOR THE ORGANIZATION AND DOES NOT TAKE ANY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LIMITED GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0735311
IRS990/TotalAssetsEOYAmt0669481
IRS990/TotalAssetsGrp/BOYAmt0735311
IRS990/TotalAssetsGrp/EOYAmt0669481
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03332
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035345
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt048499
IRS990/TotalFunctionalExpensesGrp/TotalAmt083844
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011068
IRS990/TotalLiabilitiesEOYAmt02632
IRS990/TotalLiabilitiesGrp/BOYAmt011068
IRS990/TotalLiabilitiesGrp/EOYAmt02632
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0724243
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0666849
IRS990/TotalProgramServiceExpensesAmt048499
IRS990/TotalProgramServiceRevenueAmt03167
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023118
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026450
IRS990/TotalVolunteersCnt024
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0735311
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0669481
IRS990/TravelGrp/ManagementAndGeneralAmt0863
IRS990/TravelGrp/ProgramServicesAmt0301
IRS990/TravelGrp/TotalAmt01164
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07233 SOUTH MASON RD
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077407
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.MHFCSCHOOLS.COM/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIETTA PALYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02812393400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTESSORI EDUCATION FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0454458890
ReturnHeader/Filer/PhoneNum02812393400
ReturnHeader/Filer/USAddress/AddressLine1Txt07233 SOUTH MASON RD
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077407
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263806553
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RATLIFF & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02501 PARKVIEW DR STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076102
ReturnHeader/PreparerPersonGrp/PhoneNum08173323222
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN TUCKER
ReturnHeader/ReturnTs02025-09-05T09:20:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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