NonprofitsSpringtide Education Innovations

Education

Springtide Education Innovations

TRAVERSE CITY, MI

Total revenue

$376K

Total expenses

$284K

Net assets

$102K

Grants received

$150K

1 grants

EIN

881073525

Tax year

2024

Mission

Springtide Education Initiatives Northern Blooms Montessori is a child care center serving children ages 12 months through six years of age. One teacher with one assistant in each classroom provides care for the enrolled children. The program operates in two-classroom in the Commongrounds real estate cooperative in Traverse City. 100 percent of the staff's time will be dedicated to caring for the children and the classroom environment. This program is a new program, so past activities have all been volunteer: all expenses thus far have gone into the construction and project management necessary to get the center opened. Funding thus far has been through private and public grants. Currently, approximately 1 percent of our overall expenses is currently allocated to the funding activities. Moving forward, this program will be funded through enrollment fees, membership fees, tuition, donations, and grants. Parent volunteers will provide a large part of the services for the funding structur

Financials

FY 2024

Revenue

Contributions & grants$750
Program service revenue$375K
Investment income
Other revenue
Total revenue$376K

Expenses

Grants paid
Salaries & benefits$239K
Fundraising
Other expenses$45K
Total expenses$284K
Total assets$102K
Net assets$102K

People

5 listed

NameRoleCompensation

Elizabeth Omar

Secretary

Board

1 hrs/wk

Lacie Thornton

President

Board

1 hrs/wk

Bethany Sparling

Director

Board

1 hrs/wk

Brian Thelen

Treasurer

Board

1 hrs/wk

Claire Frye

Director

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$150K
Cost for acquiring equipment and/or facilities rehab cost as part of the grant
2023

Funded by

$150K from 1 funder · 1 grant · 2023

Iff

$150K · 1 grant · 2023

Details

EIN881073525
NTEE codeB21
Subsection03
Ruling date2023-04
Formed2001
Employees11
SPRINGTIDE EDUCATION INNOVATIONS — Mission, Financials & Grants Received | Grantivo