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News & Events

Register before the holidays!
The Social Relevance of the
Montessori First Plane
Dallas, TX, January 15-18, 2015


Registration is open for WSM Tier I: First Principles, a workshop  for school administrators


Register for the Adolescent Event at the AMI/USA Refresher Course


MISP International Montessori Adolescent Summit
April 22-25, 2015, Washington, DC


New Math Workshop scheduled in Hartford, April 23-25, 2015 in conjunction with NAMTA's conference April 23-26, 2015

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See  table of contents or sample pages from Montessori Algebra for the Adolescent by Michael Waski

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.

Starting a New Montessori School: Chart of Accounts

9. Chart of Accounts

 

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