MONOCACY MONTESSORI COMMUNITIES INC

EIN: 450481461 501(c)(3)

FREDERICK, MD

Total Revenue
$2,063,452
Total Expenses
$1,552,820
Total Assets
$24,838,121
Net Assets
$7,314,640
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MD
Principal Officer
ALFRED REYES PRESIDENT
Phone
3016313888
Tax Period
2024-07-01 to 2025-06-30

MONOCACY MONTESSORI COMMUNITIES INC, founded in 2002, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $511K, a strong 25% operating margin.

Mission

MMCI IS A COMMUNITY BASED NON-PROFIT ORGANIZATION THAT DEVELOPS, OPERATES AND SUSTAINS PUBLIC CHARTER SCHOOLS IN ACCORDANCE WITH THE MONTESSORI PHILOSOPHY FOR THE EDUCATION AND ENRICHMENT OF STUDENTS IN FREDERICK COUNTY, MARYLAND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,884,867
Program Service Revenue $7,593
Investment Income $158,380
Other Revenue $12,612
TOTAL REVENUE $2,063,452

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,903
Fundraising Expenses $2,850
Program Expenses $1,477,000
Other Expenses $1,503,917
TOTAL EXPENSES $1,552,820

Year-over-Year Comparison

2024 2023 Change
Revenue $2,063,452 $3,627,922 -0.4%
Expenses $1,552,820 $1,290,764 +0.2%
Net Income $510,632 $2,337,158 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
300

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFRED REYES PRESIDENT PRESIDENT 5.00
Officer Director
$0 $0 $0
LINDSEY WIGFIELD VICE PRESIDE 10.00
Officer Director
$0 $0 $0
RYAN GEE VICE PRESIDE 19.00
Officer Director
$0 $0 $0
JAN FRANCIS SECRETARY 7.00
Officer Director
$0 $0 $0
SHREE PRABHAKARAN TREASURER 2.00
Officer Director
$0 $0 $0
MEGGAN SOMBAT ASSISTANT TR 10.00
Officer Director
$0 $0 $0
LOUISA DIGGS PARENT TRUST 2.00
Director
$0 $0 $0
JENNIFER MAYO PARENT TRUST 2.00
Director
$0 $0 $0
PARKER DORITY PARENT TRUST 1.00
Director
$0 $0 $0
ADAWNDRIA SANNI PARENT TRUST 1.00
Director
$0 $0 $0
JESSICA SADAKA PARENT TRUST 1.00
Director
$0 $0 $0
STEPHANIE BUDNICKI PARENT TRUST 3.00
Director
$0 $0 $0
KATHLEEN LUTRELL FRIEND OF ED 2.00
Director
$0 $0 $0
CYNTHIA FLOREZ FRIEND OF ED 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,063,452 $1,552,820 $24,838,121 $510,632
2024 $3,627,922 $1,290,764 $23,999,982 $2,337,158
2023 $2,298,296 $1,263,244 $5,280,157 $1,035,052
2022 $1,670,047 $873,349 $4,065,260 $796,698
2021 $1,501,518 $857,849 $3,235,842 $643,669
2020 $1,210,547 $828,748 $2,593,065 $381,799
2019 $1,435,679 $924,498 $2,243,123 $511,181
2018 $1,289,866 $927,347 $1,750,305 $362,519
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