Morning Glory Montessori

EIN: 863072479 501(c)(3) Education

Minneapolis, MN

Total Revenue
$271,354
Total Expenses
$572,930
Total Assets
$23,521
Net Assets
$9,763
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Tax Period
2023-07-01 to 2024-06-30

Morning Glory Montessori is a small nonprofit in the Education sector that reported $271K in total revenue in fiscal year 2023. Expenses of $573K exceeded revenue, resulting in a 111% operating deficit.

Mission

Morning Glory Montessori's mission is to be a safe, nurturing environment and empowering refuge that affirms, inspires and supports Black boys to become who God designed them to be. A YouTube video of our Founders' voice can be found at https://youtu.be/flDsog-U8MM

Program Service Accomplishments

Program 1
Expenses: $569,107 Revenue: $150,101

Opening in fall 2024, Morning Glory Montessori (MGM) will start by serving up to 30 boys 3 to 6 years old, with plans to expand our programming to ultimately serve toddlers through 3rd grade...

Read more

Opening in fall 2024, Morning Glory Montessori (MGM) will start by serving up to 30 boys 3 to 6 years old, with plans to expand our programming to ultimately serve toddlers through 3rd grade, including girls. The church facility where GM will start its first primary classroom known as the Childrens House is currently under construction to make the building ADA compliant, accessible, licensable, and safe with the addition of a sprinkler system. Other current accomplishments include but are not limited to, building a solid organizational infrastructure (fiscally and otherwise) through an 18 month process, recruiting and training Board members from the community, recruiting and training Montessori staff from the community, continuing a community engagement and empowerment campaign to educate African American families about Montessori and recruit founding families, completing a three year strategic plan, launching a new website, developing a FY24 fundraising plan and online campaign through Bloomerang, continuing to raise construction and startup revenue.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $270,101
Program Service Revenue $0
Investment Income $80
Other Revenue $1,173
TOTAL REVENUE $271,354

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5
Program Expenses $569,107
Other Expenses $572,930
TOTAL EXPENSES $572,930

Year-over-Year Comparison

2023 2022 Change
Revenue $271,354 $258,471 +0.0%
Expenses $572,930 $73,435 +6.8%
Net Income $-301,576 $185,036 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
3

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
4
$0
Total Directors
6
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy Jackson Board Chair 2
Officer Director
$0 $0 $0
Marguerite Anderson Vice Chair 1
Officer Director
$0 $0 $0
Dr Renaldo Blocker Board Member 1
Officer Director
$0 $0 $0
Brandon Royce Diop Secretary 1
Officer Director
$0 $0 $0
Jamez Staples Board Member 1
Director
$0 $0 $0
Jessica Jackson Head of School 40
Key Emp
$0 $0 $0
Dr Jene Carter Board Member 1
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 $271,354 $572,930 $23,521 $-301,576
2023 $258,471 $73,435 $311,339 $185,036
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Morning Glory Montessori with other nonprofits in Minnesota and across the country.