Montessori School On Edgewood
- Assets
- $460.7k
- Revenue
- $887.3k
- Investments
- $0.0
- Employees
- 32
- Location
- New Haven, CT
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 20-3050073
Organization Overview
Montessori School On Edgewood is located in New Haven, CT. The organization was established in 2005. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2022, Montessori School On Edgewood employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori School On Edgewood 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 School On Edgewood generated $887.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $791.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
THE ORGANIZATION PROVDIES EARLY EDUCATION AND CHILD CARE FOR UP TO 58 CHILDREN BETWEEN THE AGES OF 6 WEEKS AND 5 YEARS IN THE NEW HAVEN, CT AREA. THE ORGANIZATION HAS SECURED STATE FUNDING AND HAS OBTAINED ITS NAEYC AND AMERICAN MONTESSORI ACCREDITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MONTESSORI SCHOOL ON EDGEWOOD, INC WAS DEVELOPED TO PROVIDE AFFORDABLE CHILDCARE SERVICES TO LOW AND MODERATE INCOME FAMILIES FROM WITHIN NEW HAVEN CORE NEIGHBORHOODS. THE FOCUS OF THE PROGRAM IS THE CREATION OF A SAFE, HEALTHY AND ENRICHING ENVIRONMENT IN WHICH A CHILD CAN GROW AND ENJOY THEIR EARLY LEARNING EXPERIENCE. PROGRAMS ARE FUNDED WITH STATE AND FEDERAL ASSISTANCE. ADDITIONALLY, TUITION IS COMPUTED ON A SLIDING SCALE BASED ON FAMILY INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Demchak Vice President | OfficerTrustee | 2 | $0 |
Olivia Roberts 2nd Vice President | OfficerTrustee | 2 | $0 |
Didi Strode President | OfficerTrustee | 2 | $0 |
Anita Unger Treasurer | OfficerTrustee | 2 | $0 |
Beena Achhpal Secretary | OfficerTrustee | 2 | $0 |
Linda Townsend-Maier Executive Director | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $147,121 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,681 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,802 |
| Total Program Service Revenue | $713,911 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,617 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $887,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $446,104 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,505 |
| Payroll taxes | $38,826 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,909 |
| Advertising and promotion | $0 |
| Office expenses | $26,045 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,525 |
| Travel | $7,379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,125 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,532 |
| Insurance | $23,443 |
| All other expenses | $2,715 |
| Total functional expenses | $791,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,595 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $92,069 |
| Accounts receivable, net | $2,613 |
| 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 | $4,254 |
| Net Land, buildings, and equipment | $70,141 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $460,672 |
| Accounts payable and accrued expenses | $38,506 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,997 |
| Total liabilities | $199,503 |
| Net assets without donor restrictions | $261,169 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $460,672 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Crown Heights Educational Centers Inc Brooklyn, NY | $13,044,302 | $39,783,189 |
Northeast Parent And Child Society Inc Albany, NY | $28,822,787 | $39,619,614 |
Day Care Council Of New York Inc New York, NY | $9,552,378 | $29,439,995 |
Local 1199 Employer Child Care Fund New York, NY | $9,599,746 | $26,390,532 |
Guild Of St Agnes Of Worcester Inc Worcester, MA | $20,569,585 | $28,747,687 |
All My Children Day Care And Nursery School Jamaica Estates, NY | $13,560,786 | $26,442,381 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Childrens Learning Centers Of Fairfield County Inc Stamford, CT | $16,683,944 | $15,937,676 |
Horizons For Homeless Children Inc Roxbury, MA | $38,808,218 | $18,496,836 |
Campus Child Care Inc Cambridge, MA | $6,709,229 | $14,434,733 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |