HIGHLAND MONTESSORI SCHOOL

EIN: 461734028 501(c)(3) Education

Austin, TX

Total Revenue
$315,099
Total Expenses
$295,391
Total Assets
$368,569
Net Assets
$344,859
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
Richard Weller
Phone
5125542133
Tax Period
2023-07-01 to 2024-06-30

HIGHLAND MONTESSORI SCHOOL, founded in 2013, is a small nonprofit in the Education sector that reported $315K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $295K left a modest 6% surplus.

Mission

HMS is a Montessori Preschool for children ages 2-6. We are dedicated to Montessori principles, including a multi-age classroom and emotional-social education at a young age. We are dedicated to reaching out to our families, building community, and equal-opportunity for all students. Driven by current tuition revenues, HMS seeks to eventually serve underprivileged families by offering scholarships. HMS provides regular parent-education programs.

Program Service Accomplishments

Program 1
Expenses: $275,870 Revenue: $315,099

HMS educates young children based on the principles established by Dr. Maria Montessori. HMS intends for its students to become independent, self-aware children who will excel at future levels of...

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HMS educates young children based on the principles established by Dr. Maria Montessori. HMS intends for its students to become independent, self-aware children who will excel at future levels of education. To accomplish this, HMS emphasizes a multi-age classroom and emotional-social education, even for our youngest students (2 yrs). We are further dedicated to the families of our students, and to being good stewards in our neighborhood and surrounding community. Our teachers' skills are not limited to the classroom. The School Director also conducts Parent Workshops and Parent Conferences. All activities during the school day are provided at no charge above the monthly tuition. Working within a system that provides a low student-teacher ratio, our teachers are dedicated to exploring ways of teaching in order to better serve these goals. 2023-24 was the school's eleventh year in operation.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,888
Program Service Revenue $300,186
Investment Income $8,025
Other Revenue $0
TOTAL REVENUE $315,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,454
Fundraising Expenses $0
Program Expenses $275,870
Other Expenses $66,937
TOTAL EXPENSES $295,391

Year-over-Year Comparison

2023 2022 Change
Revenue $315,099 $373,105 -0.2%
Expenses $295,391 $258,306 +0.1%
Net Income $19,708 $114,799 -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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Governance

Voting Members
3
Independent Members
3
Employees
8
Volunteers
10

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
5
$123,083
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Weller Executive Director and Property Owner 50
Officer
$74,741 $0 $74,741
Khuloud Solomon School Director 60
Officer
$48,342 $0 $48,342
Chloe Love President, Board of Directors 0.5
Officer Director
$0 $0 $0
Don Simoneaux Treasurer, Board of Directors 0.5
Officer Director
$0 $0 $0
Cammie Thomson Secretary, Board of Directors 0.5
Officer 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 No data No data No data No data
2024 $315,099 $295,391 $368,569 $19,708
2023 $373,105 $258,306 $355,542 $114,799
2022 $296,092 $229,471 $236,747 $66,621
2021 $267,796 $220,961 $167,721 $46,835
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