MONARCH MONTESSORI SCHOOL

EIN: 842113997 501(c)(3) Education

SAINT PAUL, MN

Total Revenue
$312,611
Total Expenses
$315,800
Total Assets
$41,131
Net Assets
$41,131
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MN
Principal Officer
Julia R Kallmes
Phone
6513401413
Tax Period
2024-09-01 to 2025-08-31

MONARCH MONTESSORI SCHOOL, founded in 2019, is a small nonprofit in the Education sector that reported $313K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

Monarch is a nurturing school grounded in Montessori pedagogy accessible to families of all incomes that places the needs of the children first. We provide early childhood care and education to children ages 33 months through 6 years.

Program Service Accomplishments

Program 1
Expenses: $233,098 Revenue: $237,134

Monarch provided high-quality preschool and childcare for 19 children with 26% of families receiving tuition assistance. Our program received a four star designation by Parent Aware Minnesota the...

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Monarch provided high-quality preschool and childcare for 19 children with 26% of families receiving tuition assistance. Our program received a four star designation by Parent Aware Minnesota the highest rating possible.

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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 $117,024
Program Service Revenue $194,009
Investment Income $0
Other Revenue $1,578
TOTAL REVENUE $312,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $239,227
Fundraising Expenses $0
Program Expenses $233,098
Other Expenses $76,573
TOTAL EXPENSES $315,800

Year-over-Year Comparison

2024 2023 Change
Revenue $312,611 $259,806 +0.2%
Expenses $315,800 $272,396 +0.2%
Net Income $-3,189 $-12,590 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
20

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
$26,827
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Elcombe President 1.00
Officer
$0 $0 $0
Julie Benton Board Member 2.00
Officer
$0 $0 $0
Elsabet Roth Board Secretary 2.00
Officer
$0 $0 $0
Kirsten Benton Board Member 1.00
Officer
$0 $0 $0
Jennie Lynch Past President 2.00
Officer
$0 $0 $26,827
Kevin Held Board Member 1.00
Officer
$0 $0 $0
Julia Kallmes Executive Director 20.00
Highest
$32,959 $0 $65,918
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 $312,611 $315,800 $41,131 $-3,189
2024 $259,806 $272,396 $44,320 $-12,590
2023 $232,257 $265,535 $56,910 $-33,278
2022 $255,954 $203,809 $90,188 $52,145
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