Operating record

Racine Montessori Society Inc

Mt Pleasant, WI · EIN 39-1024012 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$780,350$862,738−$82,3886.359%
2021$864,633$692,043$172,59010.963%
2022$726,639$798,522−$71,8838.463%
2023$692,312$754,550−$62,2387.865%

In its most recent public year (2023), this organization spent $62,238 more than it brought in. Its reserves stood at about 7.8 months of spending, up from 6.3 in 2020. Staff pay was 65% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗