Form
990 -
OMB No 1545-0047
Return of Organization Exempt From Income Tax
2006
Under section 501 (c), 527, or 4947(a)(1) of the Internal Revenue Code
(except black lung benefit trust or private foundation)
Department of the Treasury
Internal Revenue Service
A
For the 2006 calendar year, or tax year beg innin g
B
Check if applicable
Address change
FIRS abet
Initial return
or p riot
or type.
see
specific
Final return
inst,uctons.
Name change
7/01
, 2006, and endin g
2007
6/30
C
D
Employer Identification Number
WALNUT FARM MONTESSORI SCHOOL, INC.
4208 HWY 72 EAST
E
Telephone number
F
method :
method :
71-0828503
BENTONVILLE, AR 72712
479-271-9424
Amended return
Application pending
Cash
Accrual
Other (specify) "
H and I are not applicable to section 527 organi zations
• Section 501 (cX3) organizations and 4947(a x1 ) nonexempt
charitable trusts must attach a completed! chedule A
H (a) is this a group return for affiliates'
(Form 990 or 990-EZ).
H (b)
r7 G Web site: 01 N/A
Organization ty pe
K
Check here
if the organization is not a 509(a)(3) supporting organization and its
gross receipts are normally not more than $25,000 A return is not required, but if the
organization chooses to file a return, be sure to file a complete return.
mi^
Check onl y one
X
501(c)
(insert no)
3 4
Gross recei p ts- Add lines 6b, 8b, 9b, and 1 Ob to line 12
4947(a)(1) or
527
H (d) Is this a separate return filed by an
organization covered by a group ruling"
I
M
^ 710 418.
Yes
L^j No
If 'Yes,' enter number of affiliates I'
H (C) Are all affiliates included "
(If 'No,' attach a list See instruct ions )
J
L
Open to Public
Inspection
nlzatlon may have to use a copy of this return to satisfy state reporting requirements
- The
[Yes
Yes
1:1
X
No
No
DO.
Grou p Exem tion Number
Check ^
if the organization is not required
to attach Schedule B (Form 990, 990-EZ, or 990-PF).
'Part=iIA Revenue , Ex p enses , and Chan ges in Net Assets or Fund Balances See the ,nstructions.
1
a
b
c
d
p S
Contributions, gifts, grants, and similar amounts received
Contributions to donor advised funds
Direct public support (not included on line 1a)
Indirect public support (not included on line la)
Government contributions (grants) (not included on line la)
e T1 otth
al (a l i nes
1a throwgh 1 dcash
2
3
4
5
R
E
N
E
$
28 , 318.
noncash
xw
1
1
1
1
a
b
c
d
28 , 318.
_
=
$
Program service revenue including government fees and contracts (from Part VII, line 93)
Membership dues and assessments
Interest on savings and temporary cash investments
. .
Dividends and interest from securities
6a Gross rents
6a
b Less rental expenses
c Net rental income or (loss) Subtract line 6b from line 6a
7 Other investment income (describe
lib
8 a Gross amount from sales of assets other
than inventory
b Less cost or other basis and sales expenses
c Gain or (loss) (attach schedule)
(A) Securities
`35
1e
28 , 318.
2
3
4
5
12 , 181.
8 , 934.
^4 'k
1='.
6c
7
(B) Other
8a
8b
8c
d Net gain or (loss) Combine line 8c, columns (A) and (B)
9 Special events and activities (attach schedule) If any amount is from gaming , check here
a Gross revenue (not including
$
of contributions
reported on line 1b)
9a
b Less' direct expenses other than fundraising expenses
9b
c Net income or (loss) from special events. Subtract line 9b from line 9a
10a Gross sales of inventory, less returns and allowances.
10a
b Less. cost of goods sold
9 Ny
c Gross profit or (loss) from sales of inventory (attach schedule) SubtrE
QI
ne
o
11 Other revenue (from Part VII, line 103) .
12 Total revenue . Add lines Ie, 2, 3, 4, 5, 6c, 7, 8d, 9c, 1
E 13 Program services (from line 44, column (B))
%
X 14 Management and general (from line 44, column (C))
E
15 Fundraising (from line 44, column (D))
QGDEN
...a.r
N
s 16 Payments to affiliates (attach schedule)
s 17 Total ex penses . Add lines 16 and 44, column A
A 18 Excess or (deficit) for the year. Subtract line 17 from line 12
N S 19 Net assets or fund balances at beginning of year (from line 73, column (A))
Other changes in net assets or fund balances (attach explanation)
T T 20
s 21 Net assets or fund balances at end of year. Combine lines 18, 19, and 20
BAA For Privacy Act and Paperwork Reduction Act Notice , see the separate instructions .
21
M r as
8d
=='
60 , 985.
24 , 989. 1111„-,
9c
35, 996.
10c
12
13
14
15
16
17
18
19
20
21
TEEA0109L 01/22/07
685, 429.
510,211.
56, 689.
566, 900.
118, 529.
87,314.
205, 843.
Form 990 (2006)
6,Q
Form 990'(2006)
Part -ll ,,,
71-0828503
WALNUT FARM MONTESSORI SCHOOL, INC.
Do not include amounts reported on line
6b, 8b, 9b, 10b , or 16 of Part I
22a Grants paid from donor advised
funds ( attach sch)
( cash
non-cash $
)
If this amount includes
forei g n g rants, check here
22 b Other grants and allocations (aft sch )
(cash
$
non cash $
If this amount includes
foreign grants , check here
&=
w
(B) Program
services
(A) Total
(C) Management
and g eneral
=1 ,a,a
3m '_
^^y
'e£.e°'V
:a\;a €«x.sf \
' i`. ;<\_€!_
''
•m`? i°. «..
`
z = ' ^a F^
Specific assistance to indiv i duals
(attach schedule )
Benefits a i d to or fo r m e mb e r s
schedule
p
)
24
(D) Fundraising
• " ,', ,_=
s
x^.a.s^
i
Z,«..
f^''.na
°d"w «^ , N
22a
"N 9
"Al
; s:€
,,"
"F'n
14
2b
?M-
23
Page 2
Statement of Functional Expenses All organizations must complete column (A) Columns (B), (C), and (D) are
required for section 501(c)(3) and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but optional for others.
LA ^
ir "s,
r eec•z'w^
1= €^u^ s "^ -°, "•
:.\
23
°,^
WF
24
0
i,^3
.14
Aki=\
25a Compensation of current officers,
directors , key employees, etc listed in
Part V -A (attach sch)
b Compensation of former officers,
directors , key employees , etc listed in
Part V - B (attach sch)
c Compensation and other distributions, not
included above, to disqualified persons (as
defined under section 4958(f)(1)) and persons
described in section 4958(c)(3)(B)
(attach schedule )
26
25a
43 , 650.
39,285 .
4 , 365.
0.
25 b
0.
0.
0.
0.
25c
0.
0.
0.
0.
273, 728 .
246, 355.
27,373.
1,823 .
27,211 .
1,641.
24,490 .
182.
2,721.
5,055.
4,550.
505.
17,037.
4, 464.
1 r 704.
446.
66.
3 , 120.
Salar i es and wages of employees not
27
28
included on lines 25a , b, and c
26
Pension plan contributions not
included on lines 25a, b , and c
27
Employee benefi ts not included on
lines 25a-27
29 Payroll taxes
28
29
30
31
32
30
Professional fundraising fees
Accounting fees
Legal fees
31
32
33 Supplies
34 Telephone
33
34
35
35
664.
36 Occupancy
36
31 , 200 .
15 , 333.
4 , 018.
598.
28 , 080.
37
Equipment rental and maintenance
37
4 , 480 .
4 , 032.
448.
38
39
40
Printing and publications
Travel
Conferences , conventions , and meetings
38
39
40
30.
27.
3e
41
Interest
41
42 , 218 .
37 , 996.
4 , 222.
42
43
Depreciation , depletion, etc (attach schedule )
Other expenses not covered above ( itemize)-
42
21 , 240.
19 , 116.
2
94,100 .
84 , 690.
9,410.
566 900 .
510 211 .
56 , 689.
Postage and shipp i ng
aSEE
STATEMENT 1
43a
- - ----------------b
------------------c
-- ----------------d
--- ---------------e
---- --------------f
------------------44
124 .
43b
43c
43d
43e
43f
Total functi onal expenses . Add lines 22a
through 43g (Or anizations completincolumns
B - (D ), carry these totals to lines 13q - 15)
44
0.
Joint Costs . Check NIH if you are following SOP 98-2
'f Yes XQ No
Are any joint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services?
If 'Yes,' enter (i) the aggregate amount of these joint costs
$
; (ii) the amount allocated to Program services
$
(iii) the amount allocated to Management and general
$
, and (w) the amount allocated
to Fundraising $
BAA
TEEA0102L 01/23/07
Form 990 (2006)
Form 990 (2006) WALNUT FARM MONTESSORI SCHOOL, INC.
IIUQNjj Statement of Program Service Accomplishments
71-0828503
Page 3
Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular
organization How the public perceives an organization in such cases may be determined by the information presented on its return. Therefore,
please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments
_ Program Service Expenses
What is the organization ' s primary exempt purpose? 0 _
SEE
___
STATEMENT
_ _ _ _ _ _ _2
--a nd
All organizations must describe their exempt purpose achievements in a clear and concise manner State the number of
(4) organiz ons^and
clients served , p ublications issued, etc Discuss achievements that are not measurable. (Section 501(c)(3) and (4) organ4947(a)( 1) trusts, but
izations and 4947 (a )( 1 ) nonexem p t charitable trusts must also enter the amount of g rants and allocations to others
optional for others )
a SEE STATEMENT- 3
----------------------------------------------------------------------------------------------------------------------------------------------------- --------- --------------------------------------------------------------------------------------------------------- Grants and allocations $
If this amount includes forei g n rants , check here
510 211.
b
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Grants and allocations $
If this amount includes forei g n rants, check here
C
-
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Grants and allocations
$
If this amount includes forei g n g rants, check here
d
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------(Grants and allocations $
If this amount includes forei g n g rants , check here
e Other program services
(Grants and allocations
$
If this amount includes forei g n g rants , check here
f Total of Program Service Expenses (should equal line 44, column (B), Program services)
0.
510,211.
Form 990 (2006)
BAA
TEEA0103L
01/18/07
Form 990 (2006 ) WALNUT FARM MONTESSORI SCHOOL,
P art' IV,,,: -Balance Sheets (See the instructions.)
Note :
45
46
71-0828503
INC.
(A)
Beginning of year
Where required, attached schedules and amounts within the description
column should be for end-of-year amounts only
Cash - non-interest-bearing
Savings and temporary cash investments
6,222.
231, 358.
Pa ge 4
(B)
End of year
45
46
43 , 864.
239 , 292.
sc
47a Accounts receivable
b Less: allowance for doubtful accounts
47a
47b
48a Pledges receivable
b Less allowance for doubtful accounts
49 Grants receivable
48a
48b
347 , 478.
319, 689.
51 a Other notes and loans receivable
(attach schedule)
b Less allowance for doubtful accounts
52 Inventories for sale or use
53 Prepaid expenses and deferred charges
54a Investments - publicly-traded securities
b Investments - other securities (attach sch)
55a Investments - land, buildings, & equipment basis
478.
50a
b Receivables from other disqualified persons (as defined under section 4958(0(1))
and persons described in section 4958(c)(3)(B) (attach schedule)
E
T
347
==.
48c
49
50 a Receivables from current and former officers, directors, trustees, and key
employees (attach schedule)
A
s
47c
50b
51 a l
51 b
51 c
52
53
54a
54b
FMV
FMV
: e Cost
Cost
1,920.
55a
b Less. accumulated depreciation
(attach schedule)
55b
56 Investments - other (attach schedule)
57a Land, buildings, and equipment: basis
55c
56
57a
816, 742.
57b
109, 306.
b Less accumulated depreciation
(attach schedule)
°
STATEMENT 4
58
Other assets, including program-related investments
59
60
61
Total assets (must a ual line 74) Add lines 45 throug h 58
Accounts payable and accrued expenses
Grants payable
..
L
62
Deferred revenue
B
63
(describe ^
SEE -STATEMENT 5
)
-----------------------------
.
L
Loans from officers, directors, trustees, and key
employees (attach schedule)
64a Tax-exempt bond liabilities (attach schedule)
b Mortgages and other notes payable (attach schedule)
ES
65
Other liabilities (describe ^
66
Total liabilities . Add lines 60 throug h 65
67
57c
465. 58
59
60
61
531, 583.
62
1, 194, 985.
66
1,134,612.
Unrestricted
87,314. 67
205 843.
A
s?a
74
559 , 309.
14, 639.
X^ and complete lines 67
68
69
73
560,664.
639 589. 64b
16, 000. 65
1 68 Temporarily restricted
5 69 Permanently restricted
o Organizations that do not follow SFAS 117, check here ^
and complete lines
F
70 through 74
H 70 Capital stock, trust principal, or current funds
71 Paid-in or capital surplus, or land, building, and equipment fund
e
AL 72 Retained earnings, endowment, accumulated income, or other funds
c
E
465.
1,340,455.
1, 282, 299.
7,813.
707, 436.
63
64a
SEE STATEMENT 6
)
-----------------------
Organizations that follow SFAS 117, check here ^
through 69 and lines 73 and 74
A
.
724, 565.
Total net assets or fund balances . Add lines 67 through 69 or lines 70 through
72 (Column (A) must equal line 19 and column (B) must equal line 21)
Total liabilities and net assets/fund balances . Add lines 66 and 73
n'
70
71
72
73
205 843.
1 , 282 , 299. 1 74
1 , 340 , 455.
87
314.
Form 990 (2006)
BAA
TEEa01o4L 01n8/07
Form 990 (2006) WALNUT FARM MONTESSORI SCHOOL, INC.
71-0828503
:Part .lV=A- Reconciliation of Revenue per Audited Financial Statements with Revenue per Return (See the
instructions.)
a
b
a
Total revenue, gains, and other support per audited financial statements
Amounts included on line a but not on Part I, line 121 Net unrealized gains on investments
2Donated services and use of facilities
3Recoveries of prior year grants
4Other (specify)
---------------------------- -- -
Add lines b1 through b4
Subtract line b from line a
Amounts included on Part I, line 12, but not on line a:
1 Investment expenses not included on Part I, line 6b
2Other (specify)
b4l
b
c
d1
-------------------------- ------------Add lines d1 and d2
e
N/A
b1
b2
b3
------------------------------------- - c
d
Page 5
d2
d
Total revenue (Part I, line 12) Add lines c and d
e
Pii't'IV-B:. Reconciliation of Ex penses per Audited Financial Statements with Expenses per Return
a
b
Total expenses and losses per audited financial statements
Amounts included on line a but not on Part I, line 17
1 Donated services and use of facilities
2Pnor year adjustments reported on Part I, line 20
3Losses reported on Part I, line 20
4Other(specify) ______________________________
a
b1
b2
b3
b4
Add lines b1 through b4 .
Subtract line b from line a
Amounts included on Part I, line 17, but not on line a:
1 Investment expenses not included on Part I, line 6b
2Other (specify): -------------------------------
e
'
=,r
-------------------------- ----------c
d
N/A
b
. ... ...
c
d1
Add lines d1 and d2
Total expenses (Part I, line 17) Add lines c and d
'
d
e
Part VA ` Current Officers , Directors , Trustees , and Key Employees (List each person who was an officer, director, trustee,
or key employee at any time during the year even if they were not compensated.) (See the instructions )
(A) Name and address
NATALIE SUAREZ
1000 NW PROVENCE PLACE
----------------BENTONVILLE, AR 72712
WEDNESDAY AREND _ _ _ _ _ _ _ _ _
20058-HUGHES ROAD__-_____
GARFIELD, AR 72712
ROB KELSO
(B) Title and average hours
per week devoted
to position
(C) Compensation
(i f not paid ,
enter -0-)
PRESIDENT
(D) Contributions to
employee benefit
plans and deferred
compensation plans
(E) Expense
account and other
allowances
0.
0.
0.
0.
0.
0.
0.
0.
0.
43,650.
0.
0.
0.
0.
0.
0
VICE PRESIDENT
0
SECRETARY
8-PINTELL STREET _ _ _ _ _ _ _ _
BENTONVILLE, AR 72712
0
JUDY DUNN
---------------------
DIRECTOR
8654 LOW CHAPPARAL
0
ROGERS, AR 72756
SARAH COLLYGE_ _ _ _ _ _ _ _ _ - _
TREASURE
4566 PECAN -AVENUE - - - - - - - -
0
SPRINGDALE , AR 72762
------------------------------------------BAA
r
o1o5L o1n8107
Form 990 (2006)
Form 990 (2006) WALNUT FARM MONTESSORI SCHOOL, INC.
PartY=ACurrent Officers , Directors , Truste es , and Key Em p loyees continued
71-0828503
Pacie 6
Yes No
^aF =,
75a Enter the total number of officers, directors, and trustees permitted to vote on organization business as board meetings 08 _
a wm^; x ^
b Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees
-'
-„
listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule
A , Part II-A or II-B , related to each other throu g h fam i l y or b u siness relationshi p s? If 'Yes , ' attach a statement that
' '`75b
identifies the individuals and explains the relationship)
X
c Do any officers, directors, trustees, or key employees listed in form 990, Part V-A, or highest compensated employees
listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule
A , P ar t II - A or II - B , receive compensa t ion f rom any o th er organiza t ions, w h e th er t ax exemp t or t axa bl e, th a t are re l a t e d
75c
to the organization? See the instructions for the definition of 'related organization'
X
If 'Yes,' attach a statement that includes the information described in the instructions
d Does the or g anization have a written conflict of interest p olicy ?
75d X
Part -V-B=, Former Officers , Directors , Trustees , and Key Employees That Received Compensation or Other
Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below)
during the year, list that person below and enter the amount of compensation or other benefits in the appropriate column See
the instructions )
(C) Compensation
(D) Contributions to
(E) Expense
employee benefit
account and other
(if not paid,
( B) Loans and
(A) Name and address
allowances
Advances
enter - 0-)
plans and deferred
compensation plans
NONE
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------=--PattvVi ;, Other Information (See the instructions.
76
77
Yes
Did the organization make a change in its activities or methods of conducting activities ?
If 'Yes,' attach a detailed statement of each change
Were any changes made in the organizing or governing documents but not reported to the IRS?
If 'Yes,' attach a conformed copy of the changes .
78a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return?
b If 'Yes,' has it filed a tax return on Form 990-T for this year ?
79
Was t h ere a l iquidation , disso l ution , termination , or substantia l contraction during t h e
year ? If 'Yes,' attach a statement
1
76
77
«y'°F'-
No
•C'
X
X
m
IL
78a
NIA
78b
NIA
79
X
80 a I s th e organization re l ated (ot h er t h an by association wit h a statewi d e or nationwi d e organiza t ion ) th roug h common
X
membership , governing bodies, trustees, officers , etc, to any other exempt or nonexempt organization?
80a
___ _________ _______ _____
b if 'Yes,' enter the name of the organization ^ N/A
---exemptor
nonexempt.
_____________________________ and check whether it is
0 Ea
81 a Enter direct and indirect political expenditures (See line 81 instructions
I 81 a
X
81 b
b Did the or g anization file Form 1120- POL for this year?
Form 990 (2006)
BAA
TEEA0106L 01/18/07
Form 990 (2006) WALNUT FARM MONTESSORI SCHOOL, INC.
a; Part-V[] Other Information (continued)
71-0828503
82 a Did the or g anization receive donated services or the use of materials, equipment, or facilities at no charge or at
substantially less than fair rental value?
b If 'Yes,' you may indicate the value of these items here . Do not include this amount as
revenue in Part I or as an expense in Part II (See instructions in Part III .)
82b
83a Did the organization comply with the public inspection requirements for returns and exemption applications?
b Did the organization comply with the disclosure requirements relating to quid pro quo contributions?
84a Did the organization solicit any contributions or gifts that were not tax deductible?
82a
N IA
83a
83b
84a
X
7:»
X
X
X
=` AIL
84b
N A
N A
85a
N A
85b
b If 'Y e s , ' d i d the or g an i z a t io n inc l u d e wi th every so l ici t a t ion an express s t a t emen t th a t suc h con t ri b u t ions or gi ft s were
not tax deductible
85 501(c)(4), (5), or (6) organ izations a Were substantially all dues nondeductible by members?
b Did the organization make only in - house lobbying expenditures of $2,000 or less?
c
d
e
f
age 7
No
Yes
If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization received a
waiver for proxy tax owed for the prior year
fir
Dues, assessments , and similar amounts from members
Section 162 (e) lobbying and political expenditures
Aggregate nondeductible amount of section 6033 (e)(1)(A) dues notices
Taxable amount of lobbying and political expenditures (line 85d less 85e)
;m
==r:=
a
^-r
.°^^,
85c
85d
85e
85f
%
N /A :A
-,AP u ;;=a
N /A
,•a
N /A "=^_=^°_ °^°;,^•r
N/A
g Does the organization elect to pay the section 6033 (e) tax on the amount on line 85f?
h If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate of
dues allocable to nondeductible lobbying and political expenditures for the following tax year?
86 501 (c)(7) organizations Enter. a Initiation fees and capital contributions included on
line 12
86a
b Gross receipts, included on line 12, for public use of club facilities
86b
87 501(c)(12) organizations Enter: a Gross income from members or shareholders
87a
b Gross income from other sources (Do not net amounts due or paid to other sources
against amounts due or received from them)
..
.
N /A =_,
N /A =
N /A -
85g
N A
85h
N A
';:
;s U
r
=
,3 ,'
.
N/A =$I,
I
;v
r<=r ==°m
88aAt any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership ,
or an entity disregarded as separate from the organization under Regulations sections 301.7701- 2 and 301 7701-3
If 'Yes,' complete Part IX
88a
87b
b At any time during the year, did the or g anization , directly or indirectly , own a controlled entity within the meaning of
section 512 (b)(13)? If 'Yes,' complete Part XI
^ 88b
89a 501 (c)(3) organizations Enter Amount of tax im p osed on the or g anization durin g9 the year
under:
emu'
Y
KZ
section4911 -_________ 0_ , section 4912 - _________ 0.
section 4955 ^ ________ 0_
b 501(c)(3) and 501 (c)(4) organizations Did the organization engage in any section 4958 excess benefit transaction
during the year or did it become aware of an excess benefit transaction from a prior year? If 'Yes,' attach a statement
explaining each transaction
89b
X
Wr
= -°
X
c Enter: Amount of tax imposed on the org anization managers or disqualified persons during the
year under sections 4912 , 4955 , and 4958
..
^
0.
d Enter: Amount of tax on line 89c, above , reimbursed by the organization
^
0.
e All organizations . At any time during the tax year , was the organization a party to a prohibited tax shelter transaction?
f All organizations . Did the organization acquire a direct or indirect interest in any applicable insurance contract?
M,
X
X
89e
89f
g For supporting organizations and sponsoring organizations maintaining donor advised funds. Did the supporting
»> :` ; y
organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during
s
= r
the year?
X
89
90a List the states with which a copy of this return is filed ^
AR
-------------------------------------b Number of employees employed in the pay period that includes March 12, 2006
(See instructions.) . .
91 a The books are in care of -
WALNUT FARM MONTESSORI SCHOOL Telephone number ^
-----------------------
4208 HWY 72 EAST,-BENTONVILLE_AR __________________
I 90bl
0
479-271-9424
-----------------
72712_-_--___
b At any time during the calendar year, did the organization have an interest in or a signature or other authority over a
financial account in a foreign country (such as a bank account, securities account , or other financial account)?
If 'Yes,' enter the name of the foreign country
Yes
91 b
.F;°
No
X
=x
See the instructions for exceptions and filing requirements for Form TD F 90-22 .1, Report of Foreign Bank and
Financial Accounts
Form 990 (2006)
BAA
lEEA0107L
01/18/07
Form 990 (2006) WALNUT FARM MONTESSORI SCHOOL, INC.
Part VI -Other Information (continued)
71-0828503
Page 8
Yes No
c At any time during the calendar year, did the organization maintain an office outside of the United States?
I 91 c
X
111 _________________________________________
If 'Yes,' enter the name of the foreign country
92 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Fonn 1041- Check here
NJA
b- D
and enter the amount of tax-exempt interest received or accrued during the tax year
^ 92
N/A
`'Part VII Analysis of Income - Producing Activities (See the instructinns_ )
Unrelate d business income
Note: , =nter gross amounts unless
otherw se indicated .
( A)
Business code
Excluded by se ction 512, 513, or 514
(B)
Amount
(c)
Exclusion code
E exempt
Related or
function income
(D)
Amount
93 Program service revenue.
a AFTER SCHOOL CARE
t ENROLLMENT FEES
c FIELD TRIP FEES
d MATERIALS FEES
e TUITION FEES
80,024.
8,546.
105.
22,400.
501 106.
Medicare /Medicaid payments
Fees & contracts from government agencies.
Membership dues and assessments
94
95 Interest on savings & temporary cash mvmnts
96 Dividends & interest from securities
97 Net rental income or (loss ) from real estate:
a debt-financed property
It not debt - financed property
98 Net rental income or (loss) from pers prop
8,934.
_
,'r
^&^^°: ^=s^s"• ^'3. Y" <F^,. .^sx
^.
, ...x Me
r,
3F
va.F=aw=>: "r
€ft =:u-3 =' °w
.3
. ; = _
'_
m
° :a xgf
`,°
Other investment income
99
100
Gain or (loss) from sales of assets
other than inventory
Net income or ( loss) from special events
101
102
103
1
35,996.
Gross profit or (loss ) from sales of inventory
Other revenue a
t;
>"f F"
AM
.= '
",1 -
; I;"`A-
pr-,
s41: m-; e:
;^r u
b
c
d
e
104 Subtotal ( add columns ( B), (D), and (E))
=
105 Total (add line 104, columns (B), (D), and (E))
Note : Line 105 plus line le. Part I. should ecual the amount on line 12. Part 1
='`'"=
35, 996 .
10.
621,115.
657,111.
Part-V11E^ Relationshi p of Activities to the Accom p lishment of Exem pt Pur poses (See the instructions. )
Line No .
V
93A
Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment
of the organization 's exempt purposes (other than by providing funds for such purposes)
EXTENDED DAY TUITION ALLOWS THE SCHOOL TO PROVIDE EDUCATION TO ELEMENTARY SCHOOL
CHILDREN THROUGH HIGH SCHOOL.
"=Part ; IX" Information Reg ardin g Taxa ble Subsidiaries and Disre g arded Entities (See the Instructions.
(A)
(B)
Name, address , and EIN of corporation ,
partnership , or disregarded entity
Percentage of
ownership interest
N/A
%
0
"=-Pa`r`t^X4` Information Regarding Tran sfers Associat ed w
a Did the organization, during the year, receive any funds, directly or indirectly, to pay
b Did the organization, during the year, pay premiums, directly or in
u..+.. Is'vas-' +., i%) ci c.,,-.,, PR7n -rc,..,,., n7911 i ee
Form 990 (2006) WALNUT FARM MONTESSORI SCHOOL, INC.
71-0828503
>yPart Xl <" - Information Regarding Transfers To and From Controlled Entities . Complete only if the
organization is a controlling organization as defined in section 512(b)(13).
Pag e 9
No
Yes
106
Did the reporting organization make any transfers to a controlled entity as defined in section 512(b)(13) of the Code? If
'Yes,' com p lete the schedule below for each controlled enti ty
(A)
Name , address, of each
controlled entity
(B)
Employer Identification
Number
(C)
Description of
transfer
x
(D)
Amount of transfer
-------------------------
a
-------------------------
b
-------------------------------------------------
c
-------------------------------------------------
F
v i ".ah
.
Totals
NOR
3
1,
-^^,
.fix#i
1
Ay°
°^elge.^-'^
BE
H
°Ctx ^n '.' e'i
No
Yes
107
Did the reporting organization receive any transfers from a controlled entity as defined in section 512(b)(13) of the Code? If
'Yes,' com p lete the schedule below for each controlled entity
... . ........
.... ....... . ....
(A)
Name , address, of each
controlled entity
X
C
B
Employer Identification
Number
Description of
transfer
(D)
Amount o transfer
-------------------------
a
-------------------------
b
-------------------------------------------------
c
------------------------------------------------6^^"yNy^A2^.YG
_
^t E,y`ai.'$^
;'1
g1
b
tl
4"
^A!
t
ybK_0
Totals
's'i'b
u,w
3,
p
An
108
dN
Ytf
^'''4
,
4 ; RM N
"0
-
Yes
Did the organization have
Indlng written contract in effect on August 17, 2006, covering the interest, rents, royalties, and
annuities described in qy6sti o n 107 above? .
.. .
...
..... ...........
Under enalti
e tha have a
f pre
Uue correct , Ve atio
Please
Sign
Here
mine
No
X
s re tu fn , m cl din accom an Y in Schedules a nd statem B nts, and to the be st of m knowledge and belief, it.is
/ an officer ) iseased on allPnformation of which preparer has any knowledge
y
Signature
Date
^ NATALIE SUAREZ
PRE IDENT
Type or print name and title.
Paid
Preparer's
Use
Only
BAA
Date
Preparer's
signature
^ G
GE T
I TCHEN S, III , CPA
Firm's name (or Stafford & Westervelt , Chartered
emoioyed),
Certified Public Accountants
an
ZPr+4'
d
107 S Main
Bentonville AR 72712
2/11/08
Check if
selfe mployed
N (See
GenerralrInstructionW)
^ (XI N/A
^ N/A
Phone no ^ (479) 273-2469
EIN
Form 990 (2006)
TEEA0110L 01/19/07
Department of the Treasury
Internal Revenue Service
OMB No 1545-OC
Organization Exempt Under
Section 501(cx3)
SCHEDULE A
(Form 990 or 990-EZ)
(Except Private Foundation) and Section 501(e), 501(f), 501 (k),
501(n), or 4947(a)1) Nonexempt Charitable Trust
Supplementary Information - (See separate instructions.)
MUST be completed by the above organizations and attached to their Form 990 or 990-EZ.
Name of the organization
2006
Employer identification number
71-0828503
WALNUT FARM MONTESSORI SCHOOL, INC.
,Part 1 ;; ,-:a^ Compensation of the Five Highest Paid Employees Other Than Officers , Directors, and Trustees
(See instructions. List each one. If there are none, enter 'None.')
(a) Name and address of each
employee paid more
than $50 , 000
(b) Title and average
hours per week
devoted to position
(d) Contributions
to employee
any benefit
plans
deferred
compensation
(c) Compensation
(e) Expense
account and other
allowances
NONE
------------------------------------------------------------------------------------------------------------------------Total number of other employees paid
over $50,000
_ _="a•'=_" ^',
0
-,^
=F : .,:
:.F'sw
icv
"'Fis
I°Pa"r`t-ll .`„" A!d Compensation of the Five Highest Paid Independent Contractors for Professional Services
(See instructions. List each one (whether individuals or firms). If there are none, enter 'None.')
(a) Name and address of each independent contractor paid more than $50,000
(b) Type of service
(c) Compensation
NONE
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------€ 3
Total number of others receiving over
$50,000 for p rofessional services
^^€ 3=
s
i
'fie
I
'R=s (
F
3
.^I i£F"
6 ¢F
f F
1
^
0
[Part II =`;B"`] Compensation of the Five Highest Paid Independent Contractors for Other Services
(List each contractor who performed services other than professional services, whether individuals or
firms. If there are none, enter 'None.' See instructions.)
(a) Name and address of each independent contractor paid more than $50,000
^
(c) Compensation
(b) Type of service
NONE
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------,Y
^„o"=^
gl'^^„i^
Total number of other contractors receiving
`"`
over $50 , 000 for other services
0 BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ.
zYb^ ^^^^`Vw te^
1
TEEAD401L
01/19/07
-Y ^^ ^$,'^'<s^^"N
rMx m s
s^
^"
.l ^,
$
i^`'4.ixs^,s..•
€$^ ^
"
Schedule A (Form 990 or 990-EZ) 2006
Schedule A (Form 990 or 990 - EZ) 2006
FP.art lH
1
WALNUT FARM MONTESSORI SCHOOL,
INC .
71-0828503
Statements About Activities (See instructions .)
Yes
During the year, has the organization attempted to influence national , state, or local legislation , including any attempt
to influence public opinion on a legislative matter or referendum? If 'Yes,' enter the total expenses paid
P. $
or incurred in connection with the lobbying activities
N/A
(Must equal amounts on line 38 , Part VI - A, or line i of Part VI-B)
Organizations that made an election under section 501 (h) by filing Form 5768 must complete Part VI-A Other
organiza t ions c h ec k ing ' Y es ' must complete Part VI-B AND attach a statement giving a detailed description of the
lobbying activities .
2
Page
During the year, has the organization , either directly or indirectly, engaged in any of the following acts with any
substantial contributors , trustees, directors, officers, creators, key em p loyees , or members of their families , or with any
taxable organization with which any such person is affiliated as an officer, director, trustee , majority owner, or principal
beneficia ry? (If the answer to any question is ' Yes, ' attach a detailed statement explaining the transactions )
1
^:.>
J01
1 1,
No
X
,^^sa .sue ,<
-Or
F= = ^= ?'€
A
A
' Ile
a Sale, exchange, or leasing of property?
2a
X
b Lending of money or other extension of credit?
2b
X
c Furnishing of goods, services, or facilities'
2c
X
d Payment of compensation (or payment or reimbursement of expenses if more than $1,000)7
2d
X
e Transfer of any part of its income or assets?
2e
X
3a
X
b Did the organization have a section 403(b) annuity plan for its employees?
3b
X
c Did the organization receive or hold an easement for conservation purposes, including easements
to preserve open space, the environment, historic land areas or historic structures? If
'Yes,' attach a detailed statement .
3c
X
3a Did the organization make grants for scholarships , fellowships, student loans, etc? (If 'Yes,' attach an
explanation of how the organization determines that recipients qualify to receive payments)
2
d Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
4a Did the organization maintain any donor advised funds? If 'Yes,' complete lines 4b through 4g If 'No,' complete lines
4f and 4g
b Did the organization make any taxable distributions under section 4966'
4b
N A
4c
N A
C
Did the organization make a distribution to a donor, donor advisor, or related person?
d Enter the total number of donor advised funds owned at the end of the tax year
N/A
e Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
N/A
f Enter the total number of se p arate funds or accounts owned at the end of the tax year (excluding donor advised
funds included on line 4d ) where donors have the right to provide advice on the distribution or investment of
amounts in such funds or accounts
^
0
0.
0.
g Enter the aggregate value of assets held in all funds or accounts included on line 4f at the end of the tax year
BAA
TEEA0402L 04/04/07
Schedule A (Form 990 or Form 990-EZ) 2006
Schedule A (Form 990 or 990-EZ) 2006
Part
WALNUT FARM MONTESSORI SCHOOL, INC.
71-0828503
Page 3
Reason for Non-Private Foundation Status (See instructions.)
I certify that the organization is not a private foundation because it is (Please check only ONE applicable box )
5
A church, convention of churches , or association of churches Section 170(b)(1)(A)(i).
6
A school section 170(b)(1)(A)(ii) (Also complete Part V.)
7
A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(iii)
8
A federal, state, or local government or governmental unit Section 170 (b)(1)(A)(v).
9
F] A medical research organization operated in conjunction with a hospital Section 170 (b)(1)(A)(iii) Enter the hospital ' s name, city,
andstate 1,
-------------------------------------------------------
10
F] An organization operated for the benefit of a college or university owned or operated by a governmental unit Section 170(b)(1)(A)(iv)
(Also complete the Support Schedule in Part IV-A )
11 a
An organization that normally receives a substantial part of its support from a governmental unit or from the general public.
Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A )
11 b FJ A community trust. Section 170(b)(1)(A)(vi). (Also complete the Support Schedule in Part IV-A.)
12
An organization that normally receives: (1) more than 33-1/3 % of its support from contributions, membership fees, and gross receipts
from activities related to its charitable , etc, functions - subject to certain exceptions , and (2) no more than 33-1/3% of its support
from gross investment income and unrelated business taxable income (less section 511 tax ) from businesses acquired by the
organization after June 30, 1975. See section 509(a )(2). (Also complete the Support Schedule in Part IV-A.)
13
An organization that is not controlled by any disqualified persons (other than foundation managers ) and otherwise meets the
requirements of section 509(a )(3) Check the box that describes the type of supporting organization:
Type I
F] Type III -Other
F] Type II
F ]Type III-Functionally Integrated
Provide the following information about the supported organizations . (See instructions )
(a)
Name(s) of supported
organization (s)
(b)
Employer identification
number (EIN)
(c)
Type of
organization (described
in lines 5 through 12
above or IRC section)
(d)
Is the supported
organization listed in
the supporting
organization's
governing
documents?
Yes
No
W-1
Total
14
(e)
Amount of
support
0.
n An organization organized and operated to test for public safety. Section 509(a)(4) (See instructions )
Schedule A (Form 990 or 990-EZ) 2006
BAA
TEEAD407L
01/22/07
Schedule A (Form 990 or 990-EZ) 2006
WALNUT FARM MONTESSORI SCHOOL, INC.
71-0828503
Part IY-A== Support Schedule (Complete only if you checked a box on line 10, 11, or 12) Use cash method of accounting.
Note : You may use the worksheet in the instructions for converting from the accrual to the cash method of accounting
Calendar year (or fiscal year
beginning in )
15 Gifts, grants, and contributions
received. (Do not include
unusual g rants See line 28. )
16 Membershi p fees received
17
(a)
2005
(b)
2004
(c)
2003
(d)
2002
Page 4
(e)
Total
N/A
Gross receipts from admissions,
merchandise sold or services performed,
or furnishing of facilities in any activity
that is related to the organization's
charitable, etc, p urpose
Gross income from interest, dividends,
amounts received from payments on
securities loans (section 512(a)(5)),
rents, royalties, and unrelated business
taxable income (less section 511 taxes)
from businesses acquired by the organ-
18
ization after June 30, 1975
19
20
21
22
23
24
25
26
b
c
d
e
Net income from unrelated business
activities not included in line 18
Tax revenues levied for the
organization's benefit and
either paid to it or expended
on its behalf
The value of services or
facilities furnished to the
organization by a governmental
unit without charge Do not
include the value of services or
facilities generally furnished to
the p ublic without charg e
Other income Attach a
schedule Do not include
gain or (loss) from sale of
ca p ital assets
Total of lines 15 throu g h 22
Line 23 minus line 17
Enter 11% of line 23
Organizations described on lines 10 or 11 :
a Enter 2% of amount in column (e), line 24
N/A
Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly
suppor t e d organiza t ion) w h ose t o t a l gi ft s f or 2002 th roug h 200 5 excee d e d th e amount s h own in l ine 2 6a. D o not f i l e t h is l ist w i t h your
return. Enter the total of all these excess amounts
Total support for section 509(a)(1) test. Enter line 24, column (e)
Add Amounts from column (e) for lines
18
19
22
261b
Public support (line 26c minus line 26d total)
f Public su pport percentag e (line 26e (numerator) divided by line 26c (denominator))
27
26a
g^
'`
` 0! 1A- 2
01 26b
01 26c
26d
01 26e
01 26f
%
Organizations described on line 12:
N/A
a For amounts included in lines 15, 16, and 17 that were received from a 'disqualified person,' prepare a list for your records to show the
name of, and total amounts received in each year from, each 'disqualified person.' Do not file this list with your return . Enter the sum of
such amounts for each year:
(2005)
(2004)
(2003)
(2002)
---------------------------------------------bFor any amount included in line 17 that was received from each person (other than 'disqualified persons'), prepare a list for your records
to show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2)
$5,000 (Include in the list organizations described in lines 5 through 11 b, as well as individuals.) Do not file this list with your return.
After computing the difference between the amount received and the larger amount described in (1) or (2), enter the sum of these
differences (the excess amounts) for each year:
(2005)
------------ (2004)------------ (2003)------------ (2002)----------c Add Amounts from column (e) for lines:
15
16
17
127 c
20
21
d Add Line 27a total
and line 27b total
e Public support (line 27c total minus line 27d total)
f Total support for section 509(a)(2) test. Enter amount from line 23, column (e)
27f
g Public support percentage (line 27e (numerator) divided by line 27f (denominator))
h Investment income percentage (line 18 , column (e) (numerator) divided by line 27f (denominator))
Unusual Grants : For an organization described in line 10, 11, or 12 that received any unusual grants during 2002 through 2005, prepare a
list for your records to show, for each year, the name of the contributor, the date and amount of the grant and a brief description of the
nature of the grant Do not file this list with your return . Do not include these grants in line 15
N/A
BAA
TEEA0403L 01/19/07
Schedule A (Form 990 or 990-EZ) 2006
28
Schedule A (Form 990 or 990-EZ) 2006 WALNUT FARM MONTESSORI SCHOOL, INC.
71-0828503
Part °V;°°;=,. Private School Questionnaire (See instructions.)
(To be completed ONLY by schools that checked the box on line 6 in Part IV)
Page 5
No
29
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body?
30
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures,
catalogues, and other written communications with the public dealing with student admissions, programs,
and scholarships?
31
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way that
makes the policy known to all parts of the general community it serves?
If 'Yes,' please describe, if 'No,' please explain (If you need more space, attach a separate statement )
32
-------------------------------------------------------Does the organization maintain the following:
a Records indicating the racial composition of the student body, faculty, and administrative staff?
b Records documenting that scholarships and other financial assistance are awarded on a racially
nondiscriminatory basis?
.
c Co p ies of all catalogues , brochures, announcements, and other written communications to the public dealing
with student admissions , programs , and scholarships?
dCopies of all material used by the organization or on its behalf to solicit contributions?
If you answered 'No' to any of the above, please explain (If you need more space, attach a separate statement )
33
Does the organization discriminate by race in any way with respect to:
a Students' rights or privileges?
133al
X
b Admissions policies?
133bl
X
c Employment of faculty or administrative staff?
133cl
X
d Scholarships or other financial assistance?
133dj
X
e Educational policies?
33e
X
f Use of facilities?
33f
X
g Athletic programs?
33
X
h Other extracurricular activities?
33h
X
34b
X
If you answered 'Yes' to any of the above , please explain ( If you need more space , attach a separate statement )
34a Does the organization receive any financial aid or assistance from a governmental agency?
b Has the organization ' s right to such aid ever been revoked or suspended?
If you answered ' Yes' to either 34a or b , p lease ex p lain usin g an attached statement.
Does the organization certify that it has complied with the ap p licable requirements of
sections 4 01 through 4.05 of Rev Proc 75-50 , 1975-2 C B. 587 , covering racial
nondiscrimination ? If 'No,' attach an ex p lanationrE 0404L 01/19/07
BAA
35
35
X
Schedule A (Form 990 or 990 - EZ) 20,
Schedule A (Form 90 or 990-EZ) 2006 WALNUT FARM MONTESSORI SCHOOL, INC.
ParUVl-A;;: Lobbying Expenditures by Electing Public Charities (See instructions)
71-0828503
(To be completed ONLY by an a igible organization that filed Form 5768)
Check ^
a
fl if th e or
anization belongs to an affiliated group
Check ^
N/A
fl if you checked ' a' and 'limited control' provisions apply
b
(a)
Affiliated group
totals
Limits on Lobbying Expenditures
(The term ' expenditures' means amounts paid or incurred )
36
37
Total lobbying expenditures to influence public opinion (grassroots lobbying)
Total lobbying expenditures to influence a legislative body (direct lobbying)
42
43
44
38
Other exempt purpose expenditures
Total exempt purpose expenditures (add lines 38 and 39)
Lobbying nontaxable amount Enter the amount from the following table If the amount on line 40 is The lobbyin g nontaxable amount is Not over $500 , 000
/° of the amount on line 40
20 %
Over $500,000 but not over $ 1,000,000
(b)
To be completed
for all electing
org anizations
36
37
38 Total lobbying expenditures (add lines 36 and 37)
39
40
41
Page 6
39
40
^ ^:4 ,^;
$100,000 p lus 15% of the excess over $500,000
$ 175,000 plus 10% of the excess over $1 ,000,000
$225,000 plus 5% of the excess over $1,500,000
$1,000 , 000
=i 1 ^ `" ` • F
F .. .:
r „"
`
^ 4`
F ws, ,,5^ ^• "^b "-" " .^ .c.^ ^""
1
4
__
Over $ 1,000,000 but not over $ 1,500,000
Over $ 1,500,000 but not over $ 17,000 , 000
Over $ 17,000 , 000
Grassroots nontaxable amount (enter 25% of line 41)
Subtract line 42 from line 36 Enter - 0- if line 42 is more than line 36
Subtract line 41 from line 38 Enter - 0- if line 41 is more than line 38
Caution : If there is an amount on either line 43 or line 44, you must file Form 4720.
,
I a °`
",
41
,'C^yi= s
^' wsa'^= i
is
,: x"' z
I- m.»,f . ^,,.
"
S^^F
F
^.. Fq€L
•r_
w
^ fr
- s .. , ,r"
. _"
".^ ,j' ^
" °
""
^
; •r:" ' " _
ON
1€^;=
`°°; °
„
'-`;^
'
" "¢^p
3
B
M
42
43
44
:,
47 "
4 -Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five columns below.
See the instructions for lines 45 through 50.)
Lobbying Expenditures During 4 -Year Averaging Period
Calendar year
(or fiscal year
beginning in) ^
45
(a)
(b)
(c)
(d)
(e)
2006
2005
2004
2003
Total
Lobbying nontaxable
amount
46
Lobbying ceiling amount
150% o f I me 45 e
47
Total lobbying
ex p enditures
`
Ysyv.
IFS
•'^'s'pj s ^,
b,
=
eF
^,r^'.y+
,e
a:
^ s^A
=C
^^^^.
"x^A
-
48 Grassroots nontaxable amount
49
50
Grassroots ceiling amount
( 150% of line 48 ( e ))
,
F=ks s
._
•'4,=
r a
.....
^aS.s
z
F 8:
s"" 3^' "i°x... "^.s'.=
.g;`3;` ,e
7^
°^ K
Grassroots lobbying
ex p enditures
Part=1%1-B ' 1 Lobbying Activity by Nonelectin g Public Charities
(For reporting only by organizations that did not complete Part VI-A) (See instructions.)
During the year, did the organization attempt to influence national, state or local legislation, including any
attempt to influence public opinion on a legislative matter or referendum, through the use of
N/A
Yes
No
Amount
a Volunteers
b Paid staff or management (Include compensation in expenses reported on lines c through h.)
c Media advertisements.
d Mailings to members, legislators, or the public
e Publications, or published or broadcast statements
f Grants to other organizations for lobbying purposes
. .
g Direct contact with legislators, their staffs, government officials, or a legislative body
h Rallies , demonstrations, seminars, conventions, speeches, lectures, or any other means
i Total lobbying expenditures (add lines c through h.)
If 'Yes' to any of the above, also attach a statement giving a detailed description of the lobbying activities
BAA
Schedule A (Form 990 or 990-EZ) 2006
TEEA0405L
01/19/07
Schedule A (Form 990 or 990-EZ) 2006 WALNUT FARM MONTESSORI SCHOOL, INC.
71-0828503
ParttVlt= Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations (See instructions)
51
Page 7
Did the reporting organization directly or indirectly engage in any of the following with any other organization described in secti on 501(c)
of the Code (other than section 501 (c)(3) organizations) or in section 527, relating to political organizations?
a Transfers from the reporting organization to a noncharitable exempt organization ofYes No
(i)Cash
51 a
X
(ii)Other assets
a ii
b Other transactions
(i)Sales or exchanges of assets with a noncharitable exempt organization
(i)Purchases of assets from a noncharitable exempt organization
(M)Rental of facilities, equipment, or other assets
b i
b ii
b iii
(v) Reimbursement arrangements
b iv
(v)Loans or loan guarantees
b v
(vi)Performance of services or membership or fundraising solicitations
b vi
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees
c
d If the answer to any of the above is 'Yes,' complete the following schedule. Column (b) should always show the fair market valu e of
the goods, other assets, or services given by the reportin orfhganization If the organization received less than fair market value in
any transaction or sharing arran ement, show in column d) e value of the oods, other assets, or services received.
(a)
(b)
(c)
(d)
Line no
Amount involved
Name of noncharitable exempt organization
Description of transfers, transactions, and sharing arrangements
X
X
X
X
X
X
X
X
N/
52a Is the organization directly or indirectl y affiliated with, or related to, one or more tax-exempt organizations
described in section 501 (c) of the Code (other than section 501 (c)(3)) or in section 5277
- n Yes [
No
Schedule A (Form 990 or 990-EZ) 2006
BAA
TEEA0406L
01/19/07
FEDERAL STATEMENTS
2006 CLIENT WAL01 A
PAGE 1
WALNUT FARM MONTESSORI SCHOOL, INC.
71
STATEMENT 1
FORM 990, PART II, LINE 43
OTHER EXPENSES
(A)
TOTAL
ADVERTISING
AMS CERTIFICATION FEES
BANK SERVICE CHARGES
BUILDING REPAIRS
CLASSROOM MATERIALS
CONTRACT LABOR
DUES & SUBSCRIPTIONS
FIELD TRIP EXPENSE
INSURANCE
JANITORIAL & PEST CONTROL
PARENT ASSN MEETINGS
R E TAXES
SERVICE CHARGES
STAFF DEVELOPMENT
TECH SUPPORT
UTILITIES
YARD MAINTENANCE
4,690.
120.
378.
10,528.
11,246.
1,385.
2,597.
3,232.
10, 656.
7,313.
831.
6,373.
10.
11,701.
TOTAL $
1,770.
14,899.
6,371.
94,100. $
(B)
PROGRAM
SERVICES
(D)
(C)
MANAGEMENT
& GENERAL
FUNDRAISING
469.
12.
38.
1,053.
1,125.
138.
260.
323.
4,221.
108.
340.
9,475.
10, 121.
1,247.
2,337.
2,909.
9,590.
6,582.
1,066.
731.
83.
748.
5,736.
9.
637.
1.
1,170.
177.
1,490.
637.
10, 531.
1,593.
13,409.
5,734.
84,690. $
9,410. $
0.
STATEMENT 2
FORM 990, PART III
ORGANIZATION'S PRIMARY EXEMPT PURPOSE
WE
TO PROVIDE A LEARNING ENVIRONMENT FOR CHILDREN AGES 2 1/2 TO 18 YEARS OF AGE.
ALSO PROVIDE MONTESSORI TEACHER TRAINING THROUGH WALNUT FARM MONTESSORI TRAINING
INSTITUTE.
STATEMENT 3
FORM 990, PART III, LINE A
STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS
DESCRIPTION
GRANTS AND
ALLOCATIONS
WALNUT FARM MONTESSORI SCHOOL WELCOMES CHILDREN AGES 2 1/2
TO 18 FROM DIVERSE BACKGROUNDS, ABILITIES, RELIGIONS, RACES,
AND CULTURES.
OUR SCHOOL COMMUNITY INCLUDES FAMILIES FROM
BENTONVILLE, ROGERS, LOWELL, SPRINGDALE, FAYETTEVILLE,
CENTERTON, GRAVETTE, GARFIELD, AND BELLA VISTA, ARKANSAS.
IN ADDITION TO A FULL MONTESSORI CURRICULUM, WE PROVIDE A
VARIETY OF ENRICHMENT PROGRAMS AND ACTIVITIES TO OUR
STUDENTS. MUSIC, ART AND SPANISH INSTRUCTION ARE PRESENTED
IN ALL CLASSES.
OUR ELEMENTARY STUDENTS ATTEND PERFORMANCES
AT LOCAL ART CENTERS AND VISIT OTHER AREA BUSINESSES AND
SITES OF INTEREST THROUGHOUT THE YEAR.
INCLUDES FOREIGN GRANTS:
NO
PROGRAM
SERVICE
EXPENSES
510,211.
$
0. $
510,211.
FEDERAL STATEMENTS
PAGE 2
WALNUT FARM MONTESSORI SCHOOL , INC.
71-0828503
2006 CLIENT WAL01A
STATEMENT 4
FORM 990, PART IV , LINE 57
LAND , BUILDINGS , AND EQUIPME NT
BASIS
CATEGORY
FURNITURE AND FIXTURES
MACHINERY AND EQUIPMENT
BUILDINGS
IMPROVEMENTS
LAND
MISCELLANEOUS
$
TOTAL $
19,681. $
50,884 .
601,089.
53,715.
90,537.
836.
816,742. $
ACCUM.
BOOK
DEPREC.
VALUE
17,047. $
43,393.
42,582.
6,249.
35.
109,306. $
2,634.
7,491.
558,507.
47,466.
90,537.
801.
707,436.
STATEMENT 5
FORM 990, PART IV, LINE 58
OTHER ASSETS
UTILITY DEPOSITS
$
TOTAL $
465.
465.
STATEMENT 6
FORM 990 , PART IV, LINE 65
OTHER LIABILITIES
PAYROLL LIABILITIES
$
1,605.
TOTAL $
13,034.
14,639.
TUITION INSURANCE PREMIUMS