Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 47-5502967

MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC

Tax-exempt · ASHEVILLE, NC 28815

Financials

$1.4M$1.2M2023
Revenue Expenses · by fiscal year end
Financials of MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$1,357,239$1,172,171$185,068$280,077$139,525$140,552
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$6,341
Program service revenue
$1,350,851
Investment income
$47
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$90,740
Other salaries and wages
$773,252
Salaries, compensation and benefits (total)
$955,087
Professional fundraising fees
$0
Accounting fees
$5,925
Occupancy
$55,292
Travel
$4,004
Depreciation
$12,421
Program services (functional)
$1,009,174
Management and general (functional)
$162,997

Balance sheet and other

Total assets, start of year
$121,456
Total assets, end of year
$280,077
Total liabilities, end of year
$139,525
Net assets, end of year
$140,552
Land, buildings and equipment
$125,305
Net assets without donor restrictions
-$44,516
Net assets with donor restrictions
$185,068
Gross receipts
$1,357,239
Employees
39
Volunteers
10
Year formed
2015
State of legal domicile
NC

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
MARGARET C THOMASPRESIDENT & SECRETARY
Trustee or director, Officer, Highest-paid employee
40$64,821
DEBBY THOMASTREASURER
Officer
2$0
CINDY COSENVICE PRESIDENT
Officer
2$0
VICTORIA ROBERTSONCONSULTANT
Former
2$0

Address and contacts

Address (IRS master file)
PO BOX 19404, ASHEVILLE, NC 28815-1404
Signed the 990
MARGARET C THOMAS, PRESIDENT & SEC
Return prepared by
Alicia Sisk-Morris CPA PLLC

Mission

TO OPERATE A SCHOOL FOR THE EDUCATION OF CHILDREN, BOTH PRE-SCHOOL AND ELEMENTARY

990 for the year ended December 31, 2023

Program accomplishments

  • MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC PROVIDES TWELVE MONTHS OF CLASS ATTENDANCE FOR A MAXIMUM OF NINETY STUDENTS, AGES 2 TO 6 YEARS OLD
    Expenses $1,009,174

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-5502967
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$280,077
Income (IRS master file)
$1,357,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$1,357,239$1,172,171$280,077XML
990December 2022$930,951$881,941$121,456IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 47-5502967).

Questions about MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC

What is the EIN of MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC?
The employer identification number (EIN) of MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC is 47-5502967.
Is MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC 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 MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC 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 MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who are the officers and directors of MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC?
The 990 for the year ended December 31, 2023 lists 4 people; 1 received compensation from the organization, the highest $64,821 (MARGARET C THOMAS, PRESIDENT & SECRETARY).
How much revenue does MONTESSORI LEARNING COMMUNITY OF ASHEVILLE INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $1,357,239, expenses of $1,172,171 and total assets of $280,077 at year end.

Other nonprofits in ASHEVILLE

All nonprofits in ASHEVILLE · North Carolina · Education