Brooklyn Heights Montessori School
- Assets
- $19.6m
- Revenue
- $10.3m
- Investments
- $0.0
- Employees
- 88
- Location
- Brooklyn, NY
- Founding
- 12/1965
- Data as of
- 06/2022
- EIN
- 11-6044329
Organization Overview
Brooklyn Heights Montessori School is located in Brooklyn, NY. The organization was established in 1965. 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, Brooklyn Heights Montessori School employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Heights Montessori School 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, Brooklyn Heights Montessori School generated $10.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $10.9m during the year ending 06/2022. While expenses have increased by 3.3% 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
TO OPERATE A SCHOOL IN LINE WITH THE MONTESSORI PHILOSOPHY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BROOKLYN HEIGHTS MONTESSORI SCHOOL PROVIDES EDUCATIONAL SERVICES TO PRESCHOOL, ELEMENTARY AND MIDDLE SCHOOL STUDENTS IN PRE-K TO 8. GUIDED BY THE PHILOSOPHY OF DR. MARIA MONTESSORI, BROOKLYN HEIGHTS MONTESSORI SCHOOL IS COMMITTED TO EDUCATION THAT HAS AT ITS CENTER RESPECT FOR EACH CHILD'S DEVELOPMENT AND POTENTIAL. WE FOSTER A LIFELONG LOVE OF LEARNING, INDIVIDUAL EXCELLENCE, AND THE SATISFACTION THAT RESULTS FROM MEANINGFUL WORK. WE ENCOURAGE PERSONAL RESPONSIBILITY AND RESPECT FOR SELF, OTHERS, AND COMMUNITY. OUR CHILDREN LEARN TO BE THOUGHTFUL, RESPONSIBLE CITIZENS OF THE SCHOOL AND THE WORLD AROUND THEM.THE SCHOOL ALSO PROVIDES A SUMMER CAMP AND VARIOUS AFTERSCHOOL ACTIVITIES TO STUDENTS. THE SCHOOL OFFERS A HALF-DAY PROGRAM FOR CHILDREN JUST WARMING UP TO MONTESSORI PRESCHOOL LIFE AND A FULL-DAY PROGRAM FOR CHILDREN WHO ARE READY FOR MORE MONTESSORI. WE ARE SO EXCITED TO DESIGN FUN ACTIVITIES ALONG THEMES FOR EACH SESSION, SPARKING CURIOSITY, LEARNING, AND A DESIRE TO DO.AFTERSCHOOL ACTIVITIES INCLUDE GAMES, ART, OUTDOOR PLAY, SNACKS, HOMEWORK SUPERVISION, AND SPECIAL CLASSES. STUDENTS CAN EXPRESS INTEREST IN ANYTHING AND WE WILL DO OUR BEST TO MEET THOSE INTERESTS. AFTER SCHOOL PROGRAMS ALSO INCLUDE EXCITING ENRICHMENT CLASSES, INCLUDING CAPOEIRA, FILMMAKING, MUSIC LESSONS, CHESS, POTTERY, AND MORE!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Donohoe Tull President | OfficerTrustee | 4 | $0 |
Rebecca Romano Vice-President | OfficerTrustee | 4 | $0 |
Teepoo Riaz Treasurer | OfficerTrustee | 4 | $0 |
Cecilia Amrute Secretary | OfficerTrustee | 4 | $0 |
Linda Eigeman Trustee | Trustee | 4 | $0 |
Dion Flynn Trustee | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Green One Q Corp Cleaning Services | 6/29/22 | $135,150 |
Pkf O'connor Davies Llp Accounting Services | 6/29/22 | $118,040 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,145 |
| Related organizations | $0 |
| Government grants | $159,004 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,631 |
| Noncash contributions included in lines 1a–1f | $23,243 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $479,780 |
| Total Program Service Revenue | $9,552,589 |
| Investment income | $162,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $91,372 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,101 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,274,662 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,259,920 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $589,491 |
| Compensation of current officers, directors, key employees. | $456,613 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,556,230 |
| Pension plan accruals and contributions | $249,359 |
| Other employee benefits | $718,089 |
| Payroll taxes | $392,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,030 |
| Fees for services: Accounting | $152,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,219 |
| Fees for services: Other | $158,219 |
| Advertising and promotion | $54,668 |
| Office expenses | $222,214 |
| Information technology | $128,645 |
| Royalties | $0 |
| Occupancy | $426,640 |
| Travel | $3,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,461 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $982,781 |
| Insurance | $147,845 |
| All other expenses | $87,991 |
| Total functional expenses | $10,932,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,472,757 |
| Savings and temporary cash investments | $1,405,004 |
| Pledges and grants receivable | $5,001 |
| Accounts receivable, net | $11,062 |
| 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 | $48,988 |
| Net Land, buildings, and equipment | $10,100,619 |
| Investments—publicly traded securities | $3,204,065 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $328,130 |
| Total assets | $19,575,626 |
| Accounts payable and accrued expenses | $240,975 |
| Grants payable | $0 |
| Deferred revenue | $4,922,960 |
| 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 | $8,059,210 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,223,145 |
| Net assets without donor restrictions | $5,881,650 |
| Net assets with donor restrictions | $470,831 |
| 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 | $19,575,626 |