Newton Montessori School Inc
- Assets
- $10.6m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 105
- Location
- Newton Centre, MA
- Founding
- 04/2007
- Data as of
- 06/2021
- EIN
- 20-5197160
Organization Overview
Newton Montessori School Inc is located in Newton Centre, MA. The organization was established in 2007. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Newton Montessori School Inc employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton Montessori School 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 06/2021, Newton Montessori School Inc generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $8.6m during the year ending 06/2021. While expenses have increased by 10.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF MONTESSORI SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CO-EDUCATIONAL SCHOOL FOR STUDENTS FROM 15 MONTHS TO SIXTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Black Head Of School (ex Officio) | OfficerTrustee | 40 | $220,850 |
Joseph Jolly Cfo/coo, Dir. Of Dev. & Legal | Officer | 40 | $187,738 |
Maria Gionfriddo Dir. Of Auxiliary Programs | 40 | $86,924 | |
Caitlin Bowring School Division Leader | 40 | $85,927 | |
Julia Tatsch School Teacher | 40 | $76,566 | |
Brian Alfermann Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,235 |
| Total Program Service Revenue | $8,324,468 |
| Investment income | $63,880 |
| 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 | $8,644,583 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $625,488 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $408,589 |
| Compensation of current officers, directors, key employees. | $408,589 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,136,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $515,307 |
| Payroll taxes | $386,820 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,363 |
| Fees for services: Accounting | $15,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $398,316 |
| Advertising and promotion | $76,065 |
| Office expenses | $213,818 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $864,731 |
| Travel | $9,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,663 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $568,142 |
| Insurance | $50,578 |
| All other expenses | $44,338 |
| Total functional expenses | $8,562,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,274,241 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,627,464 |
| 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 | $102,584 |
| Net Land, buildings, and equipment | $1,509,577 |
| Investments—publicly traded securities | $1,040,814 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,554,680 |
| Accounts payable and accrued expenses | $76,152 |
| Grants payable | $0 |
| Deferred revenue | $7,716,801 |
| 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 | $1,275,830 |
| Total liabilities | $9,068,783 |
| Net assets without donor restrictions | $1,485,897 |
| 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 | $10,554,680 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newton Montessori School Inc has recieved totaling $12,584.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Amistad Academy Inc New Haven, CT | $35,461,697 | $16,961,980 |
Foote School Association Inc New Haven, CT | $45,302,394 | $17,181,198 |
Rumsey Hall School Incorporated Washington Depot, CT | $67,305,104 | $16,603,122 |
Eugenio Maria De Hostos Charter School Rochester, NY | $9,947,408 | $17,341,158 |
Buckley Country Day School Roslyn, NY | $25,298,235 | $15,722,484 |
Dedham Country Day School Dedham, MA | $40,544,639 | $16,952,187 |
Big Apple Institute Inc Brooklyn, NY | $4,985,995 | $17,005,118 |
Shore Country Day School Beverly, MA | $51,799,692 | $17,689,477 |