WILLOW OAK MONTESSORI FOUNDATION INC

Address
50101 GOVERNORS DRIVE 170
CHAPEL HILL, NC 27517
Contact
Website: http://foundation.willowoakmontessori.org/
Phone: +1 (919) 240-7787
Nonprofit
NTEE: B20 - Elementary, Secondary Education, K - 12
EIN: 46-3086549

Mission

WILLOW OAK MONTESSORI FOUNDATION, INC. EXISTS TO SUPPORT THE EDUCATIONAL ACTIVITIES OF TWO MONTESSORI SCHOOLS IN CHATHAM COUNTY, NORTH CAROLINA. WILLOW OAK MONTESSORI CHILDRENS HOUSE AND WILLOW OAK MONTESSORI CHARTER SCHOOL. SPECIFICALLY, THE ORGANIZATION RAISES FUNDS FOR THE SCHOOLS AND PLANS TO DEVELOP/MANAGE JOINT FACILITIES FOR THE SCHOOLS.
 2017201620152014
Basic features of the organization
Year of formation2013
Subsection code03
PF filing required0   
Metropolitan statistical area6640
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$2,930.00$4,688.00  
Sum of reportable (W2/1099) compensation$0.00   
Number of employees00  
Number of people compensated >$100k00  
Number of volunteers5050  
Number of highly compensated contractors00  
Personnel
Ackerman, Kate
Title   Secretary
Name of key/compensated person   Kate Ackerman
Officer, director, trustee, or key employee   True
Reportable compensation from org   $0.00
Bannan, Luanne
Title  DirectorPresident
Name of key/compensated person  Luanne BannanLuanne Bannan
Officer, director, trustee, or key employee  TrueTrue
Reportable compensation from org  $0.00$0.00
Bazemore, Julius
TitleBOARD MEMBERDirectorDirector 
Name of key/compensated personJULIUS BAZEMOREJulius BazemoreJulius Bazemore 
Officer, director, trustee, or key employee  True 
Reportable compensation from org$0.00$0.00$0.00 
Beck, Melissa
Title   Director
Name of key/compensated person   Melissa Beck
Officer, director, trustee, or key employee   True
Reportable compensation from org   $0.00
Bonenberger, Jacob
Title TreasurerTreasurer 
Name of key/compensated person Jacob BonenbergerJacob Bonenberger 
Officer, director, trustee, or key employee  True 
Reportable compensation from org $0.00$0.00 
Cody, Charleen
TitleBOARD MEMBER   
Name of key/compensated personCHARLEEN CODY   
Reportable compensation from org$0.00   
Davis, Meneca
Title   Director
Name of key/compensated person   Meneca Davis
Officer, director, trustee, or key employee   True
Reportable compensation from org   $0.00
Frost, Ashley
Title SecretarySecretary 
Name of key/compensated person Ashley FrostAshley Frost 
Officer, director, trustee, or key employee  True 
Reportable compensation from org $0.00$0.00 
Hunter, Susannah
TitleSECRETARY   
Name of key/compensated personSUSANNAH HUNTER   
Reportable compensation from org$0.00   
Kaufman, Brystana
TitleTREASURER   
Name of key/compensated personBRYSTANA KAUFMAN   
Reportable compensation from org$0.00   
Pellowitz, Melanie
TitleBOARD MEMBER   
Name of key/compensated personMELANIE PELLOWITZ   
Reportable compensation from org$0.00   
Rainville, Heather
TitlePRESIDENTPresidentPresidentTreasurer
Name of key/compensated personHEATHER RAINVILLEHeather RainvilleHeather RainvilleHeather Rainville
Officer, director, trustee, or key employee  TrueTrue
Reportable compensation from org$0.00$0.00$0.00$0.00
Riccio, Angela
Title   Director
Name of key/compensated person   Angela Riccio
Officer, director, trustee, or key employee   True
Reportable compensation from org   $0.00
Rubinas, Pete
Title Head of SchoolHead of SchoolHead of School
Name of key/compensated person Pete RubinasPete RubinasPete Rubinas
Officer, director, trustee, or key employee  TrueTrue
Reportable compensation from org $0.00$0.00$0.00
Rubinas, Peter
TitleEX OFFICIO - HEAD OF SCHOOL   
Name of key/compensated personPETER RUBINAS   
Reportable compensation from org$0.00   
Selleck, Colleen
TitleBOARD MEMBER   
Name of key/compensated personCOLLEEN SELLECK   
Reportable compensation from org$0.00   
Triglianos, Tammy
Title DirectorDirectorDirector
Name of key/compensated person Tammy TriglianosTammy TriglianosTammy Triglianos
Officer, director, trustee, or key employee  TrueTrue
Reportable compensation from org $0.00$0.00$0.00
Weiss, Meredith
Title DirectorDirectorDirector
Name of key/compensated person Meredith WeissMeredith WeissMeredith Weiss
Officer, director, trustee, or key employee  TrueTrue
Reportable compensation from org $0.00$0.00$0.00
Wells, Aaron
Title   Director
Name of key/compensated person   Aaron Wells
Officer, director, trustee, or key employee   True
Reportable compensation from org   $0.00
Wildsmith, Lizy
TitleVICE PRESIDENTVice PresidentVice PresidentVice President
Name of key/compensated personLIZY WILDSMITHLizy WildsmithLizy WildsmithLizy Wildsmith
Officer, director, trustee, or key employee  TrueTrue
Reportable compensation from org$0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesWILLOW OAK MONTESSORI FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT TO AND OPERATES FACILITIES FOR WILLOW OAK MONTESSORI CHILDREN'S HOUSE AND CHARTER SCHOOL.Willow Oak Montessori Foundation, Inc. provides financial support to and operates facilities for Willow Oak Montessori Children's House and Charter School.  
Primary exempt purpose  Willow Oak Montessori Foundation, Inc. exists to support the educational activities of two Montessori schools in Chatham County, North Carolina Willow Oak Montessori Childrens House and Willow Oak Montessori Charter School. Specifically, the organization raises funds for the schools and plans to develop/manage joint facilities for the schools.The Willow Oak Montessori (WOM) Foundation exists to provide financial support for the educational activities of WOM Charter School and WOM Children's House. The Foundation also intends to develop and manage a shared facility that it will rent to the two above schools.
Program service expenses, total$40,014.00$35,930.00$59,315.00 
Programs, including revenue & expenses
DEVELOPMENT AND MANAGEMENT OF SCHOOL FACILITIES. THE FOUNDATION BOARD, WITH THE HELP OF ITS INSTITUTIONAL ADVANCEMENT COMMITTEE, CONTINUED WORKING WITH ARCHITECTS AND BUILDING CONSULTANTS IN DEVELOPING A SHARED FACILITY FOR WILLOW OAK MONTESSORI CHARTER SCHOOL AND WILLOW OAK MONTESSORI CHILDREN'S HOUSE. THE PROGRAM INCURRED $102,396 TOWARDS THE CONSTRUCTION OF THE NEW FACILITIES, WHICH ARE RECORDED AS CONSTRUCTION IN PROGRESS.
Program expenses$481.00   
Grants and allocations made$200.00   
Program descriptionDEVELOPMENT AND MANAGEMENT OF SCHOOL FACILITIES. THE FOUNDATION BOARD, WITH THE HELP OF ITS INSTITUTIONAL ADVANCEMENT COMMITTEE, CONTINUED WORKING WITH ARCHITECTS AND BUILDING CONSULTANTS IN DEVELOPING A SHARED FACILITY FOR WILLOW OAK MONTESSORI CHARTER SCHOOL AND WILLOW OAK MONTESSORI CHILDREN'S HOUSE. THE PROGRAM INCURRED $102,396 TOWARDS THE CONSTRUCTION OF THE NEW FACILITIES, WHICH ARE RECORDED AS CONSTRUCTION IN PROGRESS.Development and Management of School Facilities: The Foundation Board, with the help of its Institutional Advancement Committee, continued working with architects and building consultants in developing a shared facility for Willow Oak Montessori Charter School and Willow Oak Montessori Children's House. This program incurred $295 towards the construction of the new facilities, which are included in the balance of Construction In Progress in Part X, Line 15.  
FINANCIAL SUPPORT FOR WILLOW OAK MONTESSORI CHARTER SCHOOL. THE FOUNDATION CONTINUES TO DEVELOP THE POLICIES, PROCEDURES, AND SYSTEMS NECESSARY TO RAISE SUFFICIENT FUNDS TO SUPPORT WILLOW OAK MONTESSORI CHARTER SCHOOL, INC. THE FOUNDATION GIFTED THE CHARTER SCHOOL $37,083 DURING FY17.
Program expenses$37,083.00   
Grants and allocations made$37,083.00   
Program descriptionFINANCIAL SUPPORT FOR WILLOW OAK MONTESSORI CHARTER SCHOOL. THE FOUNDATION CONTINUES TO DEVELOP THE POLICIES, PROCEDURES, AND SYSTEMS NECESSARY TO RAISE SUFFICIENT FUNDS TO SUPPORT WILLOW OAK MONTESSORI CHARTER SCHOOL, INC. THE FOUNDATION GIFTED THE CHARTER SCHOOL $37,083 DURING FY17.   
FINANCIAL SUPPORT FOR WILLOW OAK MONTESSORI CHILDREN'S HOUSE. THE FOUNDATION CONTINUES TO DEVELOP THE POLICIES, PROCEDURES, AND SYSTEMS NECESSARY TO RAISE SUFFICIENT FUNDS TO SUPPORT WILLOW OAK MONTESSORI CHILDREN'S HOUSE, INC. THE FOUNDATION GIFTED THE CHILDREN'S HOUSE $2,450 DURING FY17.
Program expenses$2,450.00   
Grants and allocations made$2,450.00   
Program descriptionFINANCIAL SUPPORT FOR WILLOW OAK MONTESSORI CHILDREN'S HOUSE. THE FOUNDATION CONTINUES TO DEVELOP THE POLICIES, PROCEDURES, AND SYSTEMS NECESSARY TO RAISE SUFFICIENT FUNDS TO SUPPORT WILLOW OAK MONTESSORI CHILDREN'S HOUSE, INC. THE FOUNDATION GIFTED THE CHILDREN'S HOUSE $2,450 DURING FY17.   
Financial Support for Willow Oak Montessori Charter School: The Foundation continues to develop the policies, procedures, and systems necessary to raise sufficient funds to support Willow Oak Montessori Charter School, Inc. The Foundation gifted the Charter School $31,226 in the fiscal year ended June 30, 2016.
Program expenses $32,046.00  
Grants and allocations made $31,226.00  
Program description Financial Support for Willow Oak Montessori Charter School: The Foundation continues to develop the policies, procedures, and systems necessary to raise sufficient funds to support Willow Oak Montessori Charter School, Inc. The Foundation gifted the Charter School $31,226 in the fiscal year ended June 30, 2016.  
Financial Support for Willow Oak Montessori Children's House: The Foundation continues to develop the policies, procedures, and systems necessary to raise sufficient funds to support Willow Oak Montessori Children's House, Inc. The Foundation gifted the Children's House $3,214 in the fiscal year ended June 30, 2016.
Program expenses $3,884.00  
Grants and allocations made $3,214.00  
Program description Financial Support for Willow Oak Montessori Children's House: The Foundation continues to develop the policies, procedures, and systems necessary to raise sufficient funds to support Willow Oak Montessori Children's House, Inc. The Foundation gifted the Children's House $3,214 in the fiscal year ended June 30, 2016.  
Financial data
Revenue
Total revenue$164,960.00$548,836.00$88,641.00$7,137.00
Revenue from contributions (total)$155,206.00$554,646.00$91,933.00$5,212.00
Revenue from noncash contributions $16,012.00  
Investment income, current yr$729.00$219.00  
Total revenue from grants, etc., current yr$155,206.00$554,646.00  
Total unrelated business revenue$0.00$0.00  
Other revenue, current yr$9,025.00-$6,029.00  
Net unrelated business taxable revenue$0.00   
Program service revenue (total) $0.00$0.00$0.00
Gross receipts$167,594.00$564,579.00  
Sources of contributions
Revenue from fundraising events$2,215.00$14,988.00  
Revenue from all other contributions$152,991.00$539,658.00  
Other types of revenue
Royalties (total) $0.00  
Miscellaneous revenue (total) $0.00  
Net revenue from gaming (total) $0.00  
Income from dividends, interest, and similar investments$729.00$219.00  
Net rental income $0.00$0.00$0.00
Net income from fundraising events$9,025.00-$6,029.00  
Net inventory sales (total) $0.00  
Expense categories (totals)
Total functional expenses: sum of all$69,835.00$87,434.00  
Total functional expenses: program service $40,014.00$35,930.00  
Total functional expenses: management and general$27,028.00$12,995.00  
Total functional expenses: fundraising$2,793.00$38,509.00  
Fees for services
Lobbying fees (total) $0.00  
Legal fees (total)$177.00$0.00  
Fundraising service fees (total)$0.00$10,099.00  
General management fees (total) $0.00  
Investment management fees (total) $0.00  
Assets and liabilities
Total assets$562,083.00$488,241.00$48,391.00$7,016.00
Total assets, beginning of year$488,241.00$48,391.00$7,016.00$0.00
Total liabilities$3,608.00$18,405.00$39,957.00$0.00
Total liabilities, beginning of year$18,405.00$39,957.00  
Pledges & accounts receivable, net$198,533.00$297,307.00  
Loans & receivables from key persons $0.00  
Unrestricted net assets, end of yr-$11,441.00-$160.00  
Temporarily restricted net assets$569,916.00$469,996.00  
Net assets$558,475.00$469,836.00$8,434.00$7,016.00
Net assets, beginning of year$469,836.00$8,434.00  
Intangible assets $0.00  
Other assets$120,368.00$18,171.00  
Investments: other securities $0.00  
Investments: publicly traded securities $0.00  
Cash: non-interest bearing$8,517.00$82,117.00  
Cash: non-interest bearing, beginning of year$82,117.00$29,508.00  
Investments -- program-related $0.00  
Inventories for sale or use $0.00  
Other financial variables
Revenue less expenses$95,125.00$461,402.00  
Advertising (total)$1,587.00$2,396.00  
Savings & temp cash investment$234,665.00$90,646.00  
Accounts receivable, net $0.00  
Prepaid expenses & deferred charges $0.00  
Accounts payable & accrued expenses$3,608.00$18,405.00  
Total net assets or fund balances$558,475.00$469,836.00  
Depreciation, depletion, amortization $0.00  
Payment to affiliates $0.00  
Governance and accountability
Number of voting members86  
Number of independent voting members86  
Accrual accountingTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrue  
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990EZ990EZ
Date e-filing submitted2018-05-042017-09-072016-08-042015-03-10
IRS schema version2016v3.02015v3.02014v6.02013v4.0
Filing identifier201811039349300221201741329349301349201621369349200737201520449349200512
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