Brooklyn Montessori Ltd
- Assets
- $2.3m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 41
- Location
- Brooklyn, NY
- Founding
- 08/2003
- Data as of
- 06/2021
- EIN
- 01-0778179
Organization Overview
Brooklyn Montessori Ltd is located in Brooklyn, NY. The organization was established in 2003. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2021, Brooklyn Montessori Ltd employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Montessori Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Brooklyn Montessori Ltd generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 3.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OUR SCHOOL IS TO PROVIDE AFFORDABLE, HIGH QUALITY PRE-SCHOOL EDUCATION GUIDED BY THE MONTESSORI TEACHING PRINCIPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT MONTESSORI DAY SCHOOL OF BROOKLYN (BROOKLYN MONTESSORI LTD.), WE CONTINUED TOSERVE FAMILIES AND CHILDREN IN PROSPECT HEIGHTS, BROOKLYN THROUGH THE 2020-21 SCHOOLYEAR. WE WORKED WITH UP TO 95 TWO TO FIVE-YEAR-OLD CHILDREN DAILY, IN SEVENCLASSROOMS, USING OUR MONTESSORI-FOCUSED PEDAGOGY TO HELP THEM GROW AS INDEPENDENTLEARNERS AND ENGAGED PARTICIPANTS, BOTH HERE AND IN THE WIDER COMMUNITY. WE STARTEDTHE SCHOOL YEAR FULLY OPEN FOR IN-PERSON LEARNING AND REMAINED OPEN FOR THE 10-MONTH SCHOOL YEAR. FACULTY (BOTH LEAD TEACHER, ASSISTANT LEVEL AND ADMINISTRATION) GOT AN INTRODUCTION TO MINDFULNESS TEACHING PRACTICES. THIS ONLINE WORKSHOP WAS HOSTED BY MINDFULNESS COACH JULIE FLYNN BADAL. WE ALSO WORKED WITH PARENTS TO PREPARE THEM FOR THEIR CHILDS TRANSITION INTO KINDERGARTEN BY HOSTING WORKSHOPS AND CONFERRING WITH THEM INDIVIDUALLY ABOUT THEIR CHILDREN'S DEVELOPMENT AND BY PREPARING THEM FOR THE NEXT STEPS BEYOND THIS PRESCHOOL PROGRAM WITH OUR INDEPENDENT SCHOOLS NEXT SCHOOLS NIGHTS SERIES. TEACHERS ALSO PROVIDED PARENTS WITH WRITTEN GUIDANCE ABOUT EXPECTATIONS FOR CHILDREN'S GROWTH AND PROGRESS IN A MONTESSORI EARLY CHILDHOOD SETTING. WE CONTINUED TO ALLOCATE 2.3% OF OUR ANNUAL BUDGET TOWARDS FUNDS RESERVED FOR OUR TUITION ASSISTANCE PROGRAM AND MAINTAINED THE MAXIMUM AID AWARD AT 65% ASSISTANCE. THE PROGRAM WAS AUTHORIZED TO DISTRIBUTE UP TO $81,323 BY THE BOARD TO AWARD IN AID TO FAMILIES FOR THE 2021-2022 SCHOOL YEAR. AFTER THIS AMOUNT WAS VOTED UPON WE RECEIVED ADDITIONAL EARMARKED FAMILY DONATIONS TO GROW THESE FUNDS TO ASSIST MORE FAMILIES DURING THE TIME IMPACTED BY COVID-19 TOTAL BOARD APPROVED WAS $108,317."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Walker Left 1120 Executive Dir. | Officer | 40 | $162,145 |
Alessandra Lusardi Left 820 Vice President | OfficerTrustee | 2 | $0 |
Suyin So Vice President | OfficerTrustee | 2 | $0 |
Lisa Callender-Wilson President | OfficerTrustee | 2 | $0 |
Geoffrey Lewis Treasurer | OfficerTrustee | 2 | $0 |
Kate Shaw Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $365,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,029 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,956 |
| Total Program Service Revenue | $2,335,635 |
| Investment income | $14,376 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $73,943 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,811,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $81,178 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,354 |
| Compensation of current officers, directors, key employees. | $49,190 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,494,978 |
| Pension plan accruals and contributions | $1,447 |
| Other employee benefits | $299,480 |
| Payroll taxes | $231,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,715 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,161 |
| Advertising and promotion | $0 |
| Office expenses | $18,965 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $303,887 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,191 |
| Insurance | $23,668 |
| All other expenses | $16,193 |
| Total functional expenses | $2,884,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,028,304 |
| Savings and temporary cash investments | $395,818 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,381 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,903 |
| Net Land, buildings, and equipment | $8,009 |
| Investments—publicly traded securities | $842,365 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,456 |
| Total assets | $2,332,236 |
| Accounts payable and accrued expenses | $132,590 |
| Grants payable | $0 |
| Deferred revenue | $840,522 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $365,927 |
| Other liabilities | $159,646 |
| Total liabilities | $1,498,685 |
| Net assets without donor restrictions | $833,551 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,332,236 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Brooklyn Montessori Ltd has recieved totaling $151.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Childrens Learning Centers Of Fairfield County Inc Stamford, CT | $16,683,944 | $15,937,676 |
Horizons For Homeless Children Inc Roxbury, MA | $38,808,218 | $18,496,836 |
Campus Child Care Inc Cambridge, MA | $6,709,229 | $14,434,733 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |