Cambridge Montessori School Inc
- Assets
- $13.0m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 92
- Location
- Cambridge, MA
- Founding
- 07/1964
- Data as of
- 06/2020
- EIN
- 04-2321011
Organization Overview
Cambridge Montessori School Inc is located in Cambridge, MA. The organization was established in 1964. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Cambridge Montessori School Inc employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge 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, Cambridge Montessori School Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $6.8m during the year ending 06/2020. While expenses have increased by 3.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TODDLER THROUGH MIDDLE SCHOOL EDUCATION PROGRAMS AND DAYCARE TO CHILDREN 21 MONTHS TO 14 YEARS OLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
TODDLER THROUGH MIDDLE SCHOOL EDUCATION PROGRAMS TO CHILDREN RANGING FROM 21 MONTHS TO 14 YEARS OLD, ALONG WITH DAY CARE SERVICES.
RENTAL OF PARKING SPACES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ingrid Tucker Head Of Scho | 40 | $247,987 | |
Nikki Jacobs CFO | 40 | $118,582 | |
David Caron Chair Of The | OfficerTrustee | 2 | $0 |
Michael Flannery Vice Chair | OfficerTrustee | 2 | $0 |
Annie Lawson Treasurer | OfficerTrustee | 2 | $0 |
Susan Morrissey Int. Head Of | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,668 |
| Investment income | $7,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,834 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,305,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $597,967 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $267,725 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,212,967 |
| Pension plan accruals and contributions | $114,082 |
| Other employee benefits | $363,272 |
| Payroll taxes | $264,609 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77,055 |
| Fees for services: Accounting | $33,006 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,247 |
| Advertising and promotion | $8,215 |
| Office expenses | $232,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $422,272 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $240,410 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,922 |
| Insurance | $52,802 |
| All other expenses | $0 |
| Total functional expenses | $6,831,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,242,896 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $182,500 |
| Accounts receivable, net | $2,011,442 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $38,602 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $142,456 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $144,565 |
| Total assets | $13,000,662 |
| Accounts payable and accrued expenses | $161,526 |
| Grants payable | $0 |
| Deferred revenue | $3,487,135 |
| 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 | $7,838,821 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,487,482 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,513,180 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cambridge Montessori School Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Mathis Pfohl Foundation Long Island City, NY PURPOSE: CHARITABLE PURPOSES | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Crossroads Continuum Inc Hudson, MA | $10,592,948 | $12,454,903 |
Inly School Inc Scituate, MA | $15,613,460 | $10,498,509 |
Brooklyn Heights Montessori School Brooklyn, NY | $20,633,669 | $10,305,146 |