Thacher Montessori School Inc
- Assets
- $5.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 66
- Location
- Milton, MA
- Founding
- 03/1978
- Data as of
- 08/2022
- EIN
- 04-2499107
Organization Overview
Thacher Montessori School Inc is located in Milton, MA. The organization was established in 1978. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2022, Thacher Montessori School Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thacher 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 08/2022, Thacher Montessori School Inc generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $3.3m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A DIVERSE, COLLABORATIVE LEARNING COMMUNITY. THROUGH THE MONTESSORI METHOD, WE EMBRACE EACH CHILD'S UNIQUE POTENTIAL AND CULTIVATE A PASSION FOR DISCOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE EMPOWER CHILDREN TO ACHIEVE ACADEMIC EXCELLENCE AND BECOME CONFIDENT, COMPASSIONATE, AND PROACTIVE MEMBERS OF THE WORLD COMMUNITY. PROVIDING INDEPENDENT EDUCATIONAL SERVICES TO APPROXIMATELY 141 STUDENTS, PRE-SCHOOL THROUGH EIGHTH GRADE, ON A RACIALLY NONDISCRIMINATORY BASIS USING THE MONTESSORI EDUCATIONAL METHOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deba Dunn Head Of Scho | Officer | 40 | $167,470 |
Michelle Seyller Asst Head Of | 40 | $106,224 | |
Peter Brown CFO | Officer | 26 | $67,218 |
Carl Treichel Chair | OfficerTrustee | 2 | $0 |
Quentin Kruel Vice Chair | OfficerTrustee | 2 | $0 |
Jeremy Angoff Clerk | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,936 |
| Total Program Service Revenue | $3,280,583 |
| Investment income | $36,606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,832 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,549,396 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $311,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $250,319 |
| Compensation of current officers, directors, key employees. | $235,733 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,756,249 |
| Pension plan accruals and contributions | $69,781 |
| Other employee benefits | $74,330 |
| Payroll taxes | $164,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,599 |
| Fees for services: Accounting | $18,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,709 |
| Fees for services: Other | $20,420 |
| Advertising and promotion | $10,752 |
| Office expenses | $86,563 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $138,084 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,150 |
| Interest | $80,246 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,019 |
| Insurance | $37,034 |
| All other expenses | $0 |
| Total functional expenses | $3,322,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,074 |
| Savings and temporary cash investments | $215,907 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $39,173 |
| Net Land, buildings, and equipment | $3,261,406 |
| Investments—publicly traded securities | $1,964,127 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,877,687 |
| Accounts payable and accrued expenses | $75,703 |
| Grants payable | $0 |
| Deferred revenue | $1,163,271 |
| 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 | $1,794,454 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,033,428 |
| Net assets without donor restrictions | $2,632,641 |
| Net assets with donor restrictions | $211,618 |
| 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 | $5,877,687 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thacher Montessori School Inc has recieved totaling $2,280.
| Awarding Organization | Amount |
|---|---|
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $280 |
Endowment Analysis
| Beg. Balance | $50,000 |
| Earnings | $718 |
| Net Contributions | $150,000 |
| Ending Balance | $200,718 |
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 |