Nonprofit · EIN 04-3636964
THRESHOLD MONTESSORI SCHOOL
Tax-exempt · MEMPHIS, TN 38111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $363,613 | $399,234 | -$35,621 | $407,089 | $0 | $407,089 |
| December 31, 2023 | 990 | $501,847 | $373,346 | $128,501 | $441,508 | $0 | $441,508 |
| December 31, 2022 | 990 | $449,236 | $349,065 | $100,171 | $349,030 | $12,377 | $336,653 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $95,524
- of which government grants
- $74,122
- Membership dues
- $943
- Program service revenue
- $268,089
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $85,800
- Other salaries and wages
- $163,861
- Salaries, compensation and benefits (total)
- $271,734
- Professional fundraising fees
- $0
- Accounting fees
- $6,300
- Occupancy
- $28,000
- Travel
- $1,112
- Program services (functional)
- $291,195
- Management and general (functional)
- $108,039
Balance sheet and other
- Total assets, start of year
- $441,508
- Total assets, end of year
- $407,089
- Total liabilities, end of year
- $0
- Net assets, end of year
- $407,089
- Land, buildings and equipment
- $14,966
- Net assets without donor restrictions
- $407,089
- Gross receipts
- $363,613
- Employees
- 13
- Volunteers
- 3
- Year formed
- 2002
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATTY FERRAR | Executive Director Trustee or director, Highest-paid employee | 50 | $85,800 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATTY FERRAR | Executive Director Trustee or director, Highest-paid employee | 50 | $0 |
990 for the year ended December 31, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATTY FERRAR | Executive Director Trustee or director, Highest-paid employee | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 581 ELLSWORTH ST, MEMPHIS, TN 38111-4331
- In care of
- % PATTY FERRARA
- Signed the 990
- PATTY FERRARA, DIRECTOR
- Return prepared by
- JAMES WRIGHT CPA LLC
Mission
To foster an open environment that emphasizes natural learning interests and allows children to set his or her own developmental pace.
Program accomplishments
- The montessori training method is a unique, open environment that emphasizes natural interests and allows that child to set his or her own developmental pace.Expenses $291,195 · revenue $268,089
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3636964
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P33)
- Assets (IRS master file)
- $407,089
- Income (IRS master file)
- $363,613
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $363,613 | $399,234 | $407,089 | XML |
| 990 | December 2023 | $501,847 | $373,346 | $441,508 | XML |
| 990 | December 2022 | $449,236 | $349,065 | $349,030 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3636964).
Questions about THRESHOLD MONTESSORI SCHOOL
- What is the EIN of THRESHOLD MONTESSORI SCHOOL?
- The employer identification number (EIN) of THRESHOLD MONTESSORI SCHOOL is 04-3636964.
- Is THRESHOLD MONTESSORI SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to THRESHOLD MONTESSORI SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THRESHOLD MONTESSORI SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THRESHOLD MONTESSORI SCHOOL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THRESHOLD MONTESSORI SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of THRESHOLD MONTESSORI SCHOOL?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $85,800 (PATTY FERRAR, Executive Director).
- How much revenue does THRESHOLD MONTESSORI SCHOOL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $363,613, expenses of $399,234 and total assets of $407,089 at year end.
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