Montessori Childrens House Of Nantucket Inc
- Assets
- $1.9m
- Revenue
- $487.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Nantucket, MA
- Founding
- 01/1984
- Data as of
- 06/2020
- EIN
- 04-2802720
Organization Overview
Montessori Childrens House Of Nantucket Inc is located in Nantucket, MA. The organization was established in 1984. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2020, Montessori Childrens House Of Nantucket Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Childrens House Of Nantucket 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, Montessori Childrens House Of Nantucket Inc generated $487.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $508.9k during the year ending 06/2020. While expenses have increased by 5.7% 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
MONTESSORI SCHOOL THAT WORKS TO CREATE AN ENVIRONMENT THAT INSPIRES CHILDREN TO DEVELOP INNER DISCIPLINE, SELF ASSURANCE, AND A LOVE OF LEARNING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATION OF A SCHOOL USING THE EDUCATIONAL PHILOSOPHY OF DR. MARIA MONTESSORI. THE SCHOOL CATERS TO CHILDREN AGED 3 TO 6 YEARS AND OFFERS SUPPLEMENTARY DAY CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Buckley Trustee | Trustee | 0 | $0 |
Kathy Butterworth Trustee | Trustee | 0 | $0 |
Sean Dew Trustee | Trustee | 0 | $0 |
Mike Day Trustee | Trustee | 0 | $0 |
Alexandra Cashion Trustee | Trustee | 0 | $0 |
Carolyn Durand Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $232 |
| Investment income | $22,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,339 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,202 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $487,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $350,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,074 |
| Payroll taxes | $26,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,062 |
| Fees for services: Accounting | $23,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,131 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,054 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,441 |
| Insurance | $19,501 |
| All other expenses | $0 |
| Total functional expenses | $508,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $777,702 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $288,747 |
| 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 | $0 |
| Investments—publicly traded securities | $346,296 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,886,927 |
| Accounts payable and accrued expenses | $3,804 |
| Grants payable | $0 |
| Deferred revenue | $457,194 |
| 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 | $140,723 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,845 |
| Total liabilities | $607,566 |
| 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 | $1,279,361 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Montessori Childrens House Of Nantucket Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Nantucket Golf Club Foundation Inc Siasconset, MA PURPOSE: SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mary C Wheeler School Inc Providence, RI | $133,927,323 | $44,419,701 |
Alliance For Community Empowerment Inc Bridgeport, CT | $16,278,594 | $27,495,341 |
Scus Head Start Programs Inc Fairfield, CT | $3,729,940 | $22,684,143 |
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
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 |