Andover School Of Montessori Inc
- Assets
- $7.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 77
- Location
- Andover, MA
- Founding
- 02/1976
- Data as of
- 06/2022
- EIN
- 04-2555680
Organization Overview
Andover School Of Montessori Inc is located in Andover, MA. The organization was established in 1976. 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, Andover School Of Montessori Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andover School Of Montessori 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 06/2022, Andover School Of Montessori Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 1.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF PRE-SCHOOL, ELEMENTARY AND MIDDLE SCHOOL CHILDREN, AGES 3-14 USING THE MONTESSORI PHILOSOPHY.
ANDOVER SCHOOL OF MONTESSORI FOSTERS THE GROWTH OF JOYOUS LEARNERS AND RESPONSIBLE CITIZENS. WE ENCOURAGE CURIOSITY, DEEP THINKING AND RESPECT FOR ONESELF AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Orlowitz Asst. Head Of School | 40 | $111,074 | |
Monalisa Shroff Treasurer | OfficerTrustee | 1 | $0 |
Esin Seref Dibirdi President | OfficerTrustee | 1 | $0 |
Danhua Zheng Clerk | OfficerTrustee | 1 | $0 |
Chris Verro Buildings & Grounds Committee | Trustee | 1 | $0 |
Jocelyn Pan Finance Committee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $457,195 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $658,338 |
| Total Program Service Revenue | $3,277,381 |
| Investment income | $37,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,007,907 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $79,244 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,094,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $144,408 |
| Payroll taxes | $191,431 |
| Fees for services: Management | $8,456 |
| Fees for services: Legal | $11,999 |
| Fees for services: Accounting | $16,896 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,133 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $46,389 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $200,391 |
| Insurance | $36,974 |
| All other expenses | $104,415 |
| Total functional expenses | $3,351,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,695,013 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,341 |
| Accounts receivable, net | $1,584,359 |
| 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 | $24,440 |
| Net Land, buildings, and equipment | $3,039,989 |
| Investments—publicly traded securities | $617,852 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $45,501 |
| Other assets | $0 |
| Total assets | $7,009,495 |
| Accounts payable and accrued expenses | $194,381 |
| Grants payable | $0 |
| Deferred revenue | $3,371,171 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,423,867 |
| Total liabilities | $4,989,419 |
| Net assets without donor restrictions | $1,853,961 |
| Net assets with donor restrictions | $166,115 |
| 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 | $7,009,495 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Andover School Of Montessori Inc has recieved totaling $69,042.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $47,500 |
Givinga Foundation Inc Wellesley, MA PURPOSE: PROGRAM SUPPORT | $9,000 |
Givinga Foundation Inc Wellesley, MA PURPOSE: PROGRAM SUPPORT | $9,000 |
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $3,000 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $242 |
Endowment Analysis
| Beg. Balance | $21,198 |
| Earnings | -$18,779 |
| Net Contributions | $106,600 |
| Ending Balance | $109,019 |
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 |