Civic Intelligence

Washington Montessori Inc-A Public Charter School

EIN 56-2180215 • 501(c)3 • Washington, NC

Pub. 78 EligibleNTEE B29

Profile

Operation of a public charter school.

2330 Old Bath HighwayWashington, NC 27889

www.wmpcs.org

Siviq Scores

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

Liabilities / Assets

84th percentile

0.63x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

1.09x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

54th percentile

6.1%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

37th percentile

0.7%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

2.3%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$7,454,192

Down $337,189 (-4.3%) from 2024

Liabilities

Down

$4,695,964

Down $206,927 (-4.2%) from 2024

Net Assets

Down

$2,758,228

Down $130,262 (-4.5%) from 2024

Revenue

Up

$5,066,118

Up $409,132 (+8.8%) from 2024

Expenses

Up

$5,196,380

Up $417,343 (+8.7%) from 2024

Net Income

Down

-$130,262

Down $8,211 (-6.7%) from 2024

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $5,100,755Liabilities 2011: $3,168,539Net Assets 2011: $1,932,2162011Assets 2012: $5,229,480Liabilities 2012: $3,082,979Net Assets 2012: $2,146,5012012Assets 2013: $5,178,671Liabilities 2013: $3,075,205Net Assets 2013: $2,103,4662013Assets 2014: $5,118,974Liabilities 2014: $2,994,213Net Assets 2014: $2,124,7612014Assets 2015: $6,687,752Liabilities 2015: $4,386,454Net Assets 2015: $2,301,2982015Assets 2016: $7,012,393Liabilities 2016: $4,861,906Net Assets 2016: $2,150,4872016Assets 2017: $6,881,616Liabilities 2017: $4,718,309Net Assets 2017: $2,163,3072017Assets 2018: $6,712,135Liabilities 2018: $4,547,911Net Assets 2018: $2,164,2242018Assets 2019: $6,858,193Liabilities 2019: $4,332,638Net Assets 2019: $2,525,5552019Assets 2020: $8,356,473Liabilities 2020: $5,783,348Net Assets 2020: $2,573,1252020Assets 2021: $8,283,347Liabilities 2021: $5,556,034Net Assets 2021: $2,727,3132021Assets 2022: $8,070,154Liabilities 2022: $5,347,180Net Assets 2022: $2,722,9742022Assets 2023: $8,129,394Liabilities 2023: $5,118,853Net Assets 2023: $3,010,5412023Assets 2024: $7,791,381Liabilities 2024: $4,902,891Net Assets 2024: $2,888,4902024Assets 2025: $7,454,192Liabilities 2025: $4,695,964Net Assets 2025: $2,758,2282025

Highlighted filing

2025

Assets$7,454,192
Liabilities$4,695,964
Net Assets$2,758,228

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,692,227Expenses 2011: $2,168,719Net Income 2011: $523,5082011Revenue 2012: $2,519,279Expenses 2012: $2,304,994Net Income 2012: $214,2852012Revenue 2013: $2,508,571Expenses 2013: $2,551,606Net Income 2013: -$43,0352013Revenue 2014: $2,495,519Expenses 2014: $2,474,224Net Income 2014: $21,2952014Revenue 2015: $2,607,817Expenses 2015: $2,431,279Net Income 2015: $176,5382015Revenue 2016: $2,929,860Expenses 2016: $3,080,671Net Income 2016: -$150,8112016Revenue 2017: $3,221,891Expenses 2017: $3,209,071Net Income 2017: $12,8202017Revenue 2018: $3,602,136Expenses 2018: $3,601,219Net Income 2018: $9172018Revenue 2019: $3,912,913Expenses 2019: $3,551,582Net Income 2019: $361,3312019Revenue 2020: $3,761,631Expenses 2020: $3,714,061Net Income 2020: $47,5702020Revenue 2021: $3,986,237Expenses 2021: $3,832,049Net Income 2021: $154,1882021Revenue 2022: $4,594,486Expenses 2022: $4,598,825Net Income 2022: -$4,3392022Revenue 2023: $4,701,071Expenses 2023: $4,413,504Net Income 2023: $287,5672023Revenue 2024: $4,656,986Expenses 2024: $4,779,037Net Income 2024: -$122,0512024Revenue 2025: $5,066,118Expenses 2025: $5,196,380Net Income 2025: -$130,2622025

Highlighted filing

2025

Revenue$5,066,118
Expenses$5,196,380
Net Income-$130,262

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.45$4.70$2.76$5.07$5.20$0.13
2024Detailed filing. Detailed filing data is available for this year.$7.79$4.90$2.89$4.66$4.78$0.12
2023Detailed filing. Detailed filing data is available for this year.$8.13$5.12$3.01$4.70$4.41$0.29
2022Detailed filing. Detailed filing data is available for this year.$8.07$5.35$2.72$4.59$4.60$0.00
2021Detailed filing. Detailed filing data is available for this year.$8.28$5.56$2.73$3.99$3.83$0.15
2020Detailed filing. Detailed filing data is available for this year.$8.36$5.78$2.57$3.76$3.71$0.05
2019Detailed filing. Detailed filing data is available for this year.$6.86$4.33$2.53$3.91$3.55$0.36
2018Detailed filing. Detailed filing data is available for this year.$6.71$4.55$2.16$3.60$3.60$0.00
2017Detailed filing. Detailed filing data is available for this year.$6.88$4.72$2.16$3.22$3.21$0.01
2016Detailed filing. Detailed filing data is available for this year.$7.01$4.86$2.15$2.93$3.08$0.15
2015Detailed filing. Detailed filing data is available for this year.$6.69$4.39$2.30$2.61$2.43$0.18
2014Summary only. Only limited summary data is available for this year.$5.12$2.99$2.12$2.50$2.47$0.02
2013Summary only. Only limited summary data is available for this year.$5.18$3.08$2.10$2.51$2.55$0.04
2012Summary only. Only limited summary data is available for this year.$5.23$3.08$2.15$2.52$2.30$0.21
2011Summary only. Only limited summary data is available for this year.$5.10$3.17$1.93$2.69$2.17$0.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 27, 2026
Return Version
2024v5.2
Gross Receipts
$5,066,118
Mission and Program Overview

Mission

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,532,619$6,338,159▼ $194,460
Cash and Non-Interest-Bearing Accounts$1,042,978$894,758▼ $148,220
Savings and Temporary Cash Investments$215,784$221,275▲ $5,491
Total Assets$7,791,381$7,454,192▼ $337,189
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,855,182$4,660,126▼ $195,056
Other Liabilities$26,121$27,872▲ $1,751
Accounts Payable and Accrued Expenses$21,588$7,966▼ $13,622
Total Liabilities$4,902,891$4,695,964▼ $206,927
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,672,706$2,536,953▼ $135,753
Net Assets With Donor Restrictions$215,784$221,275▲ $5,491
Total Net Assets Fund Balance$2,888,490$2,758,228▼ $130,262
Total Liabilities and Net Assets / Fund Balance$7,791,381$7,454,192▼ $337,189

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,964,883$2,730,019$8,694,902
Equipment$160,025$332,284$492,309
Land$203,238-$203,238
Leasehold Improvements$10,013$97,987$108,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph KnoxChair
Jeremy HewittBoard Member
Robin VenturaBoard Member
Sara WatsonSecretary
Jamie MidgetteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$181,515
Program Service Revenue
$4,884,603
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-130,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,066,118
Total Revenue per Audited Statements
$5,066,118
Total Revenue per Form 990
$5,066,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,480,900
Other Expenses$1,715,480
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,567,096$247,466-$2,814,562
Other Employee Benefits$315,174$16,456-$331,630
Depreciation Depletion$243,594$24,782-$268,376
Interest-$250,303-$250,303
Payroll Taxes$206,122$18,831-$224,953
Fees for Services Legal-$141,730-$141,730
Other Expenses$59,655$52,301-$111,956
Occupancy-$110,158-$110,158
Pension Plan Contributions$94,707$15,048-$109,755
Insurance-$58,815-$58,815
Advertising-$36,699-$36,699
Fees for Services Accounting-$8,803-$8,803
Total Functional Expenses$4,006,754$1,189,626$0$5,196,380

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,196,380
Total Expenses per Audited Statements$5,196,380
Total Expenses per Form 990$5,196,380
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$27,872
Compensated absences-
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 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
Yes
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, Part VI, Section B, Line 11B

The Board officers review the 990 and audit report and reports to the full board of directors prior to filing.

Form 990, Part VI, Section C, Line 19

Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon request.

Form 990, Part VI, Section B, Line 12C

Each board member is required to execute a conflict of interest statement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.

Form 990, Part VI, Section B, Line 15A

Compensation is determined by the board and based on the NC Salary Scale which takes into account the degree, time and position of each employee.

Form 990, Part VI, Section B, Line 15B

Compensation is determined by the board and based on the NC Salary Scale which takes into account the degree, time and position of each employee.

Filing and Contact Details

Filer

Filer Name
Washington Montessori Inc
EIN
56-2180215
Phone
2529461977
Address
2330 Old Bath Highway, Washington, NC 27889

Signing Officer

Name
Jamie Midgette
Title
Board Chair
Phone
2529461977
Signed
2026-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Midgette
Formed
2000
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
87

Preparer

Firm
Rebekah Barr CPA PC
Address
2505-B Nash Street NW, Wilson, NC 27896
Preparer
Rebekah T Barr
Phone
2522946920
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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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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048336
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYTotalRevenueAmt04656986
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-130262
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0215784
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0221275
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05964883
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02730019
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08694902
IRS990ScheduleD/EquipmentGrp/BookValueAmt0160025
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0332284
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0492309
IRS990ScheduleD/ExpensesSubtotalAmt05196380
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0203238
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0203238
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010013
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt097987
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0108000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Compensated absences
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt05066118
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06338159
IRS990ScheduleD/TotalExpensesPerForm990Amt05196380
IRS990ScheduleD/TotalLiabilityAmt027872
IRS990ScheduleD/TotalRevenuePerForm990Amt05066118
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05066118
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05196380
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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/ExplanationTxt0North Carolina charter schools are funded by the State and Local Governments. The School also receives various federal grants.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board officers review the 990 and audit report and reports to the full board of directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each board member is required to execute a conflict of interest statement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is determined by the board and based on the NC Salary Scale which takes into account the degree, time and position of each employee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation is determined by the board and based on the NC Salary Scale which takes into account the degree, time and position of each employee.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15b
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07791381
IRS990/TotalAssetsEOYAmt07454192
IRS990/TotalAssetsGrp/BOYAmt07791381
IRS990/TotalAssetsGrp/EOYAmt07454192
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0181515
IRS990/TotalEmployeeCnt087
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01189626
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04006754
IRS990/TotalFunctionalExpensesGrp/TotalAmt05196380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04902891
IRS990/TotalLiabilitiesEOYAmt04695964
IRS990/TotalLiabilitiesGrp/BOYAmt04902891
IRS990/TotalLiabilitiesGrp/EOYAmt04695964
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02888490
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02758228
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0121307
IRS990/TotalProgramServiceExpensesAmt04006754
IRS990/TotalProgramServiceRevenueAmt04884603
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05066118
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07791381
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07454192
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02330 Old Bath Highway
IRS990/USAddress/CityNm0Washington
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027889
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.wmpcs.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jamie Midgette
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum02529461977
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Washington Montessori Inc
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0562180215
ReturnHeader/Filer/PhoneNum02529461977
ReturnHeader/Filer/USAddress/AddressLine1Txt02330 Old Bath Highway
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027889
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271832948
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rebekah Barr CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02505-B Nash Street NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027896
ReturnHeader/PreparerPersonGrp/PhoneNum02522946920
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rebekah T Barr
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-02-27T02:56:18-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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