The Kingsley Montessori School Inc
- Assets
- $12.9m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 141
- Location
- Boston, MA
- Founding
- 10/1946
- Data as of
- 06/2021
- EIN
- 04-2104370
Organization Overview
The Kingsley Montessori School Inc is located in Boston, MA. The organization was established in 1946. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Kingsley Montessori School Inc employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsley Montessori School Inc 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, Kingsley Montessori School Inc generated $12.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $12.4m during the year ending 06/2021. While expenses have increased by 6.9% 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
TO PROVIDE EDUCATION TO STUDENTS IN GRADES TODDLER TO SIXTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KINGSLEY MONTESSORI SCHOOL, INC. MAINTAINS A NON-PROFIT PRIVATE SCHOOL AND, IN GENERAL, CONDUCTS ACTIVITIES FOR THE PROMOTION OF EDUCATION AND INSTRUCTION OF STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Farley Head Of School | OfficerTrustee | 40 | $271,830 |
James Bonsey Assoc. Head Of School/cfo/ | Officer | 40 | $187,582 |
Courtney Tomaselli Chief Advancement Officer | 40 | $139,794 | |
Tara Hofherr Director Of Upper Elementa | 40 | $115,755 | |
Jamie Lacroix Director Of Marketing & Co | 40 | $111,382 | |
Peter Zetlan Director Of Early Childhood & Montessori Education | 40 | $109,216 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $187,685 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $880,082 |
| Noncash contributions included in lines 1a–1f | $12,537 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,067,767 |
| Total Program Service Revenue | $11,303,338 |
| Investment income | $2,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,286 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,365,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $655,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $504,540 |
| Compensation of current officers, directors, key employees. | $327,951 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,598,770 |
| Pension plan accruals and contributions | $32,681 |
| Other employee benefits | $749,230 |
| Payroll taxes | $509,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $120,659 |
| Fees for services: Accounting | $46,154 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,500 |
| Advertising and promotion | $0 |
| Office expenses | $701,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,549,403 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $134,186 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $490,443 |
| Insurance | $82,543 |
| All other expenses | $301,223 |
| Total functional expenses | $12,409,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,460 |
| Savings and temporary cash investments | $7,744,022 |
| Pledges and grants receivable | $146,767 |
| Accounts receivable, net | $43,141 |
| 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 | $42,880 |
| Net Land, buildings, and equipment | $4,676,565 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,294 |
| Total assets | $12,852,129 |
| Accounts payable and accrued expenses | $706,413 |
| Grants payable | $0 |
| Deferred revenue | $3,743,673 |
| 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 | $4,207,597 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $230,661 |
| Total liabilities | $8,888,344 |
| Net assets without donor restrictions | $3,089,662 |
| Net assets with donor restrictions | $874,123 |
| 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 | $12,852,129 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Kingsley Montessori School Inc has recieved totaling $116,213.
| Awarding Organization | Amount |
|---|---|
Helgeson Fam Foundation Tr Melville, NY PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE | $85,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,400 |
Grabe Family Foundation Wilmington, DE PURPOSE: ANNUAL FUND | $10,000 |
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $2,500 |
Harris Trust L I Norfolk, VA PURPOSE: TO FURTHER DONEE'S CHARITABLE PURPOSE | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mary C Wheeler School Inc Providence, RI | $133,927,323 | $44,419,701 |
Alliance For Community Empowerment Inc Bridgeport, CT | $16,278,594 | $27,495,341 |
Scus Head Start Programs Inc Fairfield, CT | $3,729,940 | $22,684,143 |
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Jumpstart For Young Children Inc Boston, MA | $20,704,200 | $25,715,901 |
Holyoke Chicopee Springfield Head Start Inc Springfield, MA | $4,876,659 | $18,197,572 |
Belmont Day School Inc Belmont, MA | $53,871,739 | $17,214,948 |
The Kingsley Montessori School Inc Boston, MA | $12,852,129 | $12,365,430 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Nashoba Brooks School Of Concord Concord, MA | $34,636,415 | $10,867,224 |
Chestnut Hill School Chestnut Hill, MA | $33,385,087 | $15,409,802 |