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Filing year 2024

Springtide Education Initiatives

Traverse City, Michigan·EIN 88-1073525·NTEE B21 · Education·3
Total revenue
$376k
Total assets
$102k
Total expenses
$284k
Reported officers
5
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

Reported officers (all unpaid)

No paid executives reported in 2024. Springtide Education Initiatives reported 5 unpaid officers and board members on its 990.

Secretary
President
Director
Treasurer
Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Springtide Education Initiatives equaled 16% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
16%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

Springtide Education Initiatives reported revenue and expenses across 2 filing years.

RevenueExpenses
$134k
$124k
2023
$376k
$284k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

Springtide Education Initiatives reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Michigan earns a median of $73,917.

25th percentile
$28k
Median
$73,917
75th percentile
$144k
90th percentile
$289k

These are education sector-wide figures, not this organization's reported pay. Based on 543 organizations across 543 filings (2021 – 2024).

See full Education pay data for Michigan

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FAQ

Common questions about Springtide Education Initiatives

What are Springtide Education Initiatives's revenue and expenses?

In 2024, Springtide Education Initiatives reported $376k in total revenue and $284k in total expenses on its IRS Form 990.

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