MAGNOLIA MONTESSORI ACADEMY INC

MAGNOLIA MONTESSORI ACADEMY INC

LAKELAND, FL, US
501(c)(3)
EIN
46-0872502
School

MAGNOLIA MONTESSORI ACADEMY INC

LAKELAND, FL, US
501(c)(3)
EIN
46-0872502
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$2,179,891

Program Services
86%
Contributions
9%
Government Grants
2%
Investments
2%
Other
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024

$2,056,612

Salaries & Benefits
73%
Other
18%
Depreciation
4%
Interest
4%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$59,978
$193,591
+223%
Government Grants
$284,225
$47,217
-83%
Fundraising Events
$19,044
$11,389
-40%
Program Services
$1,804,744
$1,870,461
+4%
Membership Dues
$0
$0
-
Investments
$20,773
$34,527
+66%
Other
$49,852
$22,706
-54%
Total Revenues
$2,238,616
$2,179,891
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$1,494,908
-
Fees to Service Providers
$0
$14,777
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$24,794
-
Interest
$0
$74,901
-
Depreciation
$0
$74,939
-
Other
$2,026,359
$372,293
-82%
Total Expenses
$2,026,359
$2,056,612
+1%
Net income
2023
2024
Change
Net income
+$212,257
+$123,279
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$1,848,877
$1,719,070
-7%
Admin
$177,482
$337,542
+90%
Fundraising
$0
$0
-
Total Expenses
$2,026,359
$2,056,612
+1%
Income Statement
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