Nonprofit · EIN 42-0867562
MONTESSORI SCHOOL OF IOWA CITY INC
Tax-exempt · CORALVILLE, IA 52241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,188,214 | $1,204,079 | -$15,865 | $1,523,714 | $388,343 | $1,135,371 |
| June 30, 2024 | 990 | $1,110,257 | $1,102,852 | $7,405 | $1,578,339 | $427,103 | $1,151,236 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,660
- Program service revenue
- $1,143,069
- Investment income
- $36,485
- Net gain from sales of assets
- -$4,615
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $38,495
- Compensation of officers, directors and key employees
- $112,704
- Other salaries and wages
- $658,053
- Salaries, compensation and benefits (total)
- $881,664
- Professional fundraising fees
- $0
- Accounting fees
- $8,173
- Occupancy
- $32,730
- Depreciation
- $36,509
- Program services (functional)
- $1,070,036
- Management and general (functional)
- $134,043
Balance sheet and other
- Total assets, start of year
- $1,578,339
- Total assets, end of year
- $1,523,714
- Total liabilities, end of year
- $388,343
- Net assets, end of year
- $1,135,371
- Land, buildings and equipment
- $457,472
- Net assets without donor restrictions
- $1,135,371
- Gross receipts
- $1,192,829
- Employees
- 35
- Volunteers
- 13
- Year formed
- 1994
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRAH TAGGART | HEAD OF SCHOOL Trustee or director, Officer | 40 | $58,474 | $12,877 |
| KATILYN KELLY | STAFF REPRESENTATIVE Trustee or director | 40 | $30,864 | $1,201 |
| KATE FURMAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HEATHER CARLSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL GROSS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| REBECCA HANSEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ABIGAIL CASTLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ARI ARIEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RACHEL LEBEAU | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHANNA KLOUDA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARRIE SCHUETTPELZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HAYLEY CRABB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACOB WALLESER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRAH TAGGART | HEAD OF SCHOOL Trustee or director, Officer | 40 | $58,549 | $12,254 |
| KATHLEEN DUMONT | STAFF REPRESENTATIVE Trustee or director | 40 | $39,923 | $2,318 |
| KATILYN KELLY | STAFF REPRESENTATIVE Trustee or director | 40 | $39,802 | $1,133 |
| ASHLEY HOWARD | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KATE FURMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL GROSS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ARI ARIEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COREY DIESER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REBECCA HANSEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHANNA KLOUDA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARRIE SCHUETTPELZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SULE GUMUS YILDIRIM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER CARLSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 374 HOLIDAY RD, CORALVILLE, IA 52241-1114
- Principal officer (990 for 2024)
- TERRAH TAGGART, 374 HOLIDAY ROAD, CORALVILLE, IA 52241
- Signed the 990
- TERRAH TAGGART, HEAD OF SCHOOL
- Phone
- (319) 338-9650
- Website
- WWW.MONTESSORIIOWACITY.ORG
- Return prepared by
- CREATIVE PLANNING
Mission
TO PROVIDE AUTHENTIC MONTESSORI EDUCATION THAT SERVES THE CHILD'S INTRINSIC MOTIVATION TO LEARN AND IS INCLUSIVE, SUSTAINABLE AND HOLISTIC.
Program accomplishments
- PROVIDE EDUCATIONAL AND CHILD CARE SERVICES TO 102 CHILDREN, AGES 2-10.Expenses $1,070,036 · grants $38,495 · revenue $1,143,069
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0867562
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,523,714
- Income (IRS master file)
- $1,192,829
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,188,214 | $1,204,079 | $1,523,714 | IRS |
| 990 | June 2024 | $1,110,257 | $1,102,852 | $1,578,339 | XML |
| 990 | June 2023 | $1,060,437 | $1,060,297 | $1,597,742 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0867562).
Questions about MONTESSORI SCHOOL OF IOWA CITY INC
- What is the EIN of MONTESSORI SCHOOL OF IOWA CITY INC?
- The employer identification number (EIN) of MONTESSORI SCHOOL OF IOWA CITY INC is 42-0867562.
- Is MONTESSORI SCHOOL OF IOWA CITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to MONTESSORI SCHOOL OF IOWA CITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTESSORI SCHOOL OF IOWA CITY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONTESSORI SCHOOL OF IOWA CITY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONTESSORI SCHOOL OF IOWA CITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MONTESSORI SCHOOL OF IOWA CITY INC?
- The 990 for the year ended June 30, 2025 names TERRAH TAGGART.
- Who are the officers and directors of MONTESSORI SCHOOL OF IOWA CITY INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 2 received compensation from the organization, the highest $58,474 (TERRAH TAGGART, HEAD OF SCHOOL).
- How much revenue does MONTESSORI SCHOOL OF IOWA CITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,188,214, expenses of $1,204,079 and total assets of $1,523,714 at year end.
Other nonprofits in CORALVILLE
- COMMUNITY FOUNDATION OF JOHNSON EIN 42-1508117 · last filed 990 for 2025
- ARENACO EIN 81-4968896 · last filed 990 for 2025
- CORALVILLE COMMUNITY FOOD PANTRY EIN 47-3509757 · last filed 990 for 2025
- HANDICARE INC EIN 42-1193531 · last filed 990 for 2024
- IOWA CHILDRENS MUSEUM EIN 42-1461422 · last filed 990 for 2025
- IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU EIN 42-1203842 · last filed 990 for 2025
- IOWA WOMENS FOUNDATION EIN 42-1431092 · last filed 990 for 2024
- IOWA SOCCER CLUB INCORPORATED EIN 39-1894135 · last filed 990 for 2025