Form 990 for tax year 2022
Filed by CHILDRENS HOUSE AT SERENBE INC.
Totals
- Total revenue
- $2,799,979
- Total expenses
- $2,554,736
- Contributions and grants received
- $683,352
- Grants paid
- $0
- Program service revenue
- $2,061,919
- Investment income
- -$28,320
- Other revenue
- $83,028
- Total assets, end of year
- $11,959,904
- Total liabilities, end of year
- $5,641,218
- Net assets or fund balances, end of year
- $6,318,686
- Program services expenses (Part IX)
- $2,480,054
- Management and general expenses
- $74,358
- Fundraising expenses
- $324
- Program service expenses (Part III)
- $2,480,054
Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$6,724
-
1c · Fundraising events
$661,622
-
1e · Government grants (contributions)
$10,195
-
1f · All other contributions, gifts and grants
$4,811
-
1g · Noncash contributions included above
$38,516
-
2a · Program service revenue: MONTESSORI EDUCATION
total $1,720,460 · related or exempt $1,720,460
-
2b · Program service revenue: APOGEE SCHOLARSHIP FUND
total $320,395 · related or exempt $320,395
-
2c · Program service revenue: GA SPECIAL NEEDS SCHOLARSHIP
total $21,064 · related or exempt $21,064
-
3 · Investment income
total $2,428 · related or exempt $2,428
-
6a · Gross rents
real property $56,000
-
6c · Rental income or loss
real property $56,000
-
6d · Net rental income or loss
total $56,000 · excluded $56,000
-
7a · Gross sales of assets other than inventory
other assets $10,000
-
7b · Less cost or other basis and sales expenses
other assets $40,748
-
7c · Gain or loss
other assets -$30,748
-
7d · Net gain or loss
total -$30,748 · related or exempt -$30,748
-
8a · Fundraising events: gross income
$34,249
-
8a · Fundraising events: contributions included on line 1c
$661,622
-
8b · Fundraising events: direct expenses
$7,221
-
8c · Net income from fundraising events
total $27,028 · excluded -$6,736
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,486,967 · program services $1,486,967
-
9 · Other employee benefits
total $33,890 · program services $33,890
-
10 · Payroll taxes
total $111,658 · program services $111,658
-
11b · Fees: legal
total $17,934 · management and general $17,934
-
11c · Fees: accounting
total $16,013 · management and general $16,013
-
11g · Fees: other
total $149,408 · program services $115,436 · management and general $33,972
-
12 · Advertising and promotion
total $13,072 · program services $12,748 · fundraising $324
-
13 · Office expenses
total $3,496 · program services $1,373 · management and general $2,123
-
14 · Information technology
total $38,422 · program services $34,482 · management and general $3,940
-
16 · Occupancy
total $265,830 · program services $265,830
-
17 · Travel
total $13,723 · program services $13,723
-
19 · Conferences, conventions and meetings
total $9,703 · program services $9,703
-
20 · Interest
total $115,537 · program services $115,537
-
22 · Depreciation, depletion and amortization
total $51,921 · program services $51,921
-
23 · Insurance
total $26,214 · program services $26,214
-
24a · Other expenses: MATERIALS & SUPPLIES
total $97,023 · program services $97,023
-
24b · Other expenses: FIELD TRIPS & EVENTS
total $68,217 · program services $68,217
-
24c · Other expenses: TRAINING
total $20,551 · program services $20,551
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $13,042 · program services $13,042
-
24e · All other expenses
total $2,115 · program services $1,739 · management and general $376
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $482,025 · end of year $343,154
-
2 · Savings and temporary cash investments
beginning of year $1,412,612 · end of year $206,701
-
10a · Land, buildings and equipment: cost or other basis
$11,391,124
-
10b · Land, buildings and equipment: accumulated depreciation
$58,499
-
10c · Land, buildings and equipment, net
beginning of year $4,330,604 · end of year $11,332,625
-
14 · Intangible assets
end of year $77,424
-
23 · Secured mortgages and notes payable
end of year $5,448,530
-
24 · Unsecured notes and loans payable
beginning of year $147,400 · end of year $158,867
-
25 · Other liabilities
beginning of year $4,398 · end of year $33,821
-
27 · Net assets without donor restrictions
beginning of year $2,623,443 · end of year $2,868,686
-
28 · Net assets with donor restrictions
beginning of year $3,450,000 · end of year $3,450,000
Mission and programs · 2022
Mission
EDUCATION OF CHILDREN USING THE MONTESSORI AND ACTON PEDAGOGIES
-
PROVIDED PRIMARY, ELEMENTARY, AND MIDDLE MONTESSORI AND ACTON EDUCATION FOR 152 STUDENTS FOR ALL OR PART OF THE YEAR.
Expenses $2,480,054 · Revenue $2,061,919
As filed on the 2022 return.
Listed in Part VII
-
Eden HindsEDEN HINDS
CEO / HEAD O
- Total calculated
- $138,934
- From this org
- $137,434
- From related orgs
- $0
- Other
- $1,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $33,930
- Bonus
- $103,504
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $1,500
- Filer's total
- $138,934
-
Collin JonesCOLLIN JONES
TREASURER
- Total calculated
- $0
- Hours/week
- 7
-
April LedomAPRIL LEDOM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 7
-
John MattisJOHN MATTIS
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 20
-
Todd RyanTODD RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 7
-
Peter VantinePETER VANTINE
SECRETARY
- Total calculated
- $0
- Hours/week
- 7
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PAGE 1, PART I, LINE 4
- EDEN HINDS 26,000 0 0
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349305938
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