Lexington Montessori School Inc

Organization Overview

Lexington Montessori School Inc is located in Lexington, MA. The organization was established in 1965. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Lexington Montessori School Inc employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lexington 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 06/2020, Lexington Montessori School Inc generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $6.7m during the year ending 06/2020. While expenses have increased by 1.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

BUILD AN INCLUSIVE, JOYFUL COMMUNITY THAT IGNITES SELF-DISCOVERY THROUGH PURPOSEFUL LEARNING VIA THE MONTESSORI METHOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING INDEPENDENT EDUCATIONAL SERVICES ON A NONDISCRIMINATORY BASIS TO 194 STUDENTS FROM PRESCHOOL TO GRADE EIGHT USING THE MONTESSORI METHOD.


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Board, Officers & Key Employees

Name (title)Compensation
Aline Gery
Head Of School
$236,319
Mike Scalese
Director/teacher
$68,547
Deb Kreutzer
President
$0
Brian Roberts
Vice President
$0
Sue Lehman
Treasurer
$0
Elizabeth Nee
Clerk
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$250,064
Investment income $93,207
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $15,936
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,694,620

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Lexington Montessori School Inc has recieved totaling $25,273.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$11,450
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$7,489
Cambridge Savings Charitable Foundation Inc

Cambridge, MA

PURPOSE: EXEMPT PURPOSE

$5,000
Dunn Family Charitable Foundation

Andover, MA

PURPOSE: UNRESTRICTED GIFT

$1,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$200
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$134
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$462,354
Earnings$122,213
Other Expense$18,976
Ending Balance$565,591

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