Montessori Discovery School Incorporated
- Assets
- $655.5k
- Revenue
- $788.1k
- Investments
- $0.0
- Employees
- 17
- Location
- Norwich, CT
- Founding
- 08/1992
- Data as of
- 06/2022
- EIN
- 06-1309852
Organization Overview
Montessori Discovery School Incorporated is located in Norwich, CT. The organization was established in 1992. 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, Montessori Discovery School Incorporated employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Discovery School Incorporated 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, Montessori Discovery School Incorporated generated $788.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $653.3k during the year ending 06/2022. While expenses have increased by 3.9% 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
THE MONTESSORI DISCOVERY SCHOOL COMMUNITY NUTURES JOYFUL LEARNERS WHO CONFIDENTLY ENGAGE THEIR WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - EDUCATES CHILDREN FROM THE AGES OF 18 MONTHS THROUGH 12 YEARS USING THE MONTESSORI METHOD. CHILDREN FROM THE AGES OF 18 MONTHS TO 36 MONTHS ATTEND THE TODDLER PROGRAM. CHILDREN FROM THE AGES OF 3 TO 6 YEARS ATTEND THE PRIMARY PROGRAM. CHILDREN FROM THE AGES OF 6 TO 12 YEARS ATTEND THE ELEMENTARY PROGRAM. EACH PROGRAM IS DESIGNED TO BE DEVELOPMENTALLY APPROPRIATE TO THE CHILDREN ATTENDING.
EXTENDED HOURS - SERVES MONTESSORI DISCOVERY SCHOOL STUDENTS FOR BEFORE AND AFTER SCHOOL HOURS. THE PROGRAM CREATES AN ENJOYABLE, SAFE AND RELAXED BEFORE AND AFTER SCHOOL EXPERIENCE THAT MAINTAINS THE SAME RULES AS THE CLASSROOM, THEREBY OFFERING A CONSISTENT EXPERIENCE FOR MONTESSORI DISCOVERY SCHOOL STUDENTS.
SUMMER - PROGRAM OFFERED TO CHILDREN WHO ARE 3 TO 5 YEARS OLD AND 6 TO 10 YEARS OLD. BOTH PROGRAMS ARE OPEN TO THE GENERAL PUBLIC AS WELL AS MONTESSORI DISCOVERY SCHOOL STUDENTS. THE SUMMER PROGRAMS ARE DESIGNED TO OFFER CHILDREN FUN WITHIN THE CONTEXT OF A MONTESSORI STYLE APPROACH. TODDLER SUMMER SESSION IS OFFERED TO CHILDREN WHO ARE 18 MONTHS TO 36 MONTHS OLD. THIS IS A CONTINUATION OF THE SCHOOL YEAR EDUCATIONAL PROGRAM AND IS OPEN ONLY TO STUDENTS ALREADY ENROLLED OR JOINING THE PROGRAM IN THE FALL.
APPLICATION AND MATERIAL FEES, TUITION CANCELLATION FEES, AND DISCOVERY CAFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrice Champagne Former Head Of School | Trustee | 1 | $56,349 |
Kathryn Procko Head Of School | Trustee | 40 | $50,139 |
Benjamin Breault President/trustee | OfficerTrustee | 1 | $0 |
Jennifer Schroeder Vice President/trustee | OfficerTrustee | 0.5 | $0 |
Robert Champagne Treasurer/trustee | OfficerTrustee | 0.25 | $0 |
Dava Siedman Secretary/trustee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,491 |
| Related organizations | $0 |
| Government grants | $71,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,813 |
| Total Program Service Revenue | $670,793 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,622 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $788,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $87,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,173 |
| Compensation of current officers, directors, key employees. | $103,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $278,417 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,354 |
| Payroll taxes | $32,556 |
| Fees for services: Management | $4,111 |
| Fees for services: Legal | $1,275 |
| Fees for services: Accounting | $3,324 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $494 |
| Office expenses | $7,044 |
| Information technology | $2,452 |
| Royalties | $0 |
| Occupancy | $41,139 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,287 |
| Interest | $17,765 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,042 |
| Insurance | $3,349 |
| All other expenses | $548 |
| Total functional expenses | $653,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,281 |
| Savings and temporary cash investments | $34,591 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,512 |
| 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 |
| Net Land, buildings, and equipment | $361,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $889 |
| Other assets | $34,524 |
| Total assets | $655,540 |
| Accounts payable and accrued expenses | $8,736 |
| Grants payable | $0 |
| Deferred revenue | $88,674 |
| 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 | $332,284 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $429,694 |
| Net assets without donor restrictions | $199,872 |
| Net assets with donor restrictions | $25,974 |
| 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 | $655,540 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Montessori Discovery School Incorporated has recieved totaling $1,180.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $280 |
Endowment Analysis
| Beg. Balance | $25,974 |
| Ending Balance | $25,974 |
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 |