The Kingsley Montessori School Inc
- Assets
- $21.2m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 153
- Location
- Boston, MA
- Founding
- 10/1946
- Data as of
- 06/2023
- 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 06/2023, Kingsley Montessori School Inc employed 153 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 06/2023, Kingsley Montessori School Inc generated $13.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $13.5m during the year ending 06/2023. While expenses have increased by 3.9% per year over the past 7 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
2023
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 |
|---|---|---|---|
Tara Jordan Chair Of The Board | OfficerTrustee | 1 | $0 |
Viva Hyatt Trustee | OfficerTrustee | 1 | $0 |
Heather Carrillo Treasurer | OfficerTrustee | 1 | $0 |
Nik Shah Vice Chair Of The Board | OfficerTrustee | 1 | $0 |
Rob Albro Trustee | Trustee | 1 | $0 |
Vivian Arias Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $228,961 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,041,616 |
| Noncash contributions included in lines 1a–1f | $37,004 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,270,577 |
| Total Program Service Revenue | $12,029,625 |
| Investment income | $14,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,640 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,309,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $583,605 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $579,285 |
| Compensation of current officers, directors, key employees. | $376,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,187,405 |
| Pension plan accruals and contributions | $196,389 |
| Other employee benefits | $965,927 |
| Payroll taxes | $514,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $106,756 |
| Fees for services: Accounting | $51,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $155,354 |
| Advertising and promotion | $0 |
| Office expenses | $584,815 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,499,136 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $463,828 |
| Insurance | $97,159 |
| All other expenses | $522,130 |
| Total functional expenses | $13,483,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,031,917 |
| Savings and temporary cash investments | $6,998,146 |
| Pledges and grants receivable | $12,500 |
| Accounts receivable, net | $6,969 |
| 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 | $179,089 |
| Net Land, buildings, and equipment | $4,003,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,945,951 |
| Total assets | $21,178,160 |
| Accounts payable and accrued expenses | $728,557 |
| Grants payable | $0 |
| Deferred revenue | $4,244,132 |
| 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 | $3,743,052 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,101,906 |
| Total liabilities | $17,817,647 |
| Net assets without donor restrictions | $3,028,858 |
| Net assets with donor restrictions | $331,655 |
| 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 | $21,178,160 |