Now accepting applicatons for
The AMI Montessori Orientation to Adolescent Studies
Announcing the 2013-2014
NAMTA Conference Schedule
Learn more about
Montessori Institute for the
Science of Peace
New! Montessori Algebra for the Adolescent by Michael Waski - see table of contents or sample pages
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The NAMTA membership year is September 1-August 31!
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.
Program Revenues
Operational Income
(Tuition and fees)
Preschool
Elementary
Junior high
Extended day
After-school enrichment
Application fees
Other
Annual giving
Interest
Net Fundraising Income
Golf concessions
Magazine sale
Garage sale
Others
Restricted Capital Income
Scholarships
New building fund
Association dues
Program Expenses
Payroll
Salaries
Payroll taxes
Fringe benefits
Professional development
Faculty financial assistance
Classroom
Books
Supplies
Services
Administrative
Postage and printing
Insurance
Equipment maintenance
Audit
Miscellaneous
Institutional (Space-Related)
Mortgage or Rent
Utilities
Maintenance and supplies
Building repairs
Property tax
Capital Items
Major repairs
New furniture and fixtures
New building (expansion)
Organizational Roots | Site Selection
New School Capital Budget | New School Operations Budget
Promotion | Starting Montessori Classes | Legal Issues
Startup and Cycle of Financial Operations | Chart of Accounts