This year NAMTA presents a professional development course
for administrators, Tier I: First Principles, October 7-11, 2015, in Baltimore, MD!
Order NAMTA's 2013-2015 supplement to the Whole-School Montessori Handbook, The Evolution of a Montessori High School
NAMTA's purpose is to maintain Montessori traditions, and at the same time, to be on the cutting edge of innovative education. Accordingly, we provide the medium for study, interpretation, and improvement of Montessori education.
Organization of the Chart of Accounts is important. By categorizing operations rather than simply listing revenue and expense accounts randomly, a clean, subtotal approach is established. The categorization given here includes both capital and operational classifications. The operations of a school refer to the yearly budget expenses. The capital expenses of the school are one-time in nature and are larger than the usual expenditure. What is important is that the board and administration realize that some transactions will apply to the usual cycle of annual business (operational revenues and expenses) and others belong to the capital category. This separation between capital and operational revenues and expenses is absolutely key to isolating fundraising efforts.
(Tuition and fees)
Net Fundraising Income
Restricted Capital Income
New building fund
Faculty financial assistance
Postage and printing
Mortgage or Rent
Maintenance and supplies
New furniture and fixtures
New building (expansion)