Madison Montessori School
- Assets
- $1.1m
- Revenue
- $768.5k
- Investments
- $0.0
- Employees
- 20
- Location
- Madison, NJ
- Founding
- 01/1983
- Data as of
- 06/2022
- EIN
- 22-2376191
Organization Overview
Madison Montessori School is located in Madison, NJ. The organization was established in 1983. 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, Madison Montessori School employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison 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, Madison Montessori School generated $768.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $575.3k during the year ending 06/2022. 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
PRESCHOOL INSTRUCTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL STUDENTS WITH EMPHASIS ON MONTESSORI CURRICULUM AND THERE ARE 5 PROGRAMS FOR THIS AGE GROUP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Arzeno Execcutive Officer | Officer | 40 | $75,408 |
Jennifer Jardim President | Officer | 40 | $45,680 |
Nicole Robbins Trustee | Trustee | 0.25 | $0 |
Linda Flanagan Trustee | Trustee | 0.25 | $0 |
Kathleen Scheier Trustee | Trustee | 0.25 | $0 |
Kathleen Jenco Secretary | Trustee | 0.25 | $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 | $110,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,341 |
| Total Program Service Revenue | $657,413 |
| Investment income | $781 |
| 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 | $768,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,539 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,088 |
| Compensation of current officers, directors, key employees. | $121,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,061 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,046 |
| Fees for services: Management | $11,957 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $494 |
| Advertising and promotion | $4,436 |
| Office expenses | $2,960 |
| Information technology | $4,633 |
| Royalties | $0 |
| Occupancy | $45,948 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,273 |
| Insurance | $36,605 |
| All other expenses | $36,491 |
| Total functional expenses | $575,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,136,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,487 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,141,135 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $174,474 |
| 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 | $0 |
| Total liabilities | $174,474 |
| Net assets without donor restrictions | $966,661 |
| 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 | $1,141,135 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Madison Montessori School has recieved totaling $15,172.
| Awarding Organization | Amount |
|---|---|
Head Family Charitable Foundation Philadelphia, PA PURPOSE: UNRESTRICTED | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 11/03/21 | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
Brooklyn Heights Montessori School Brooklyn, NY | $20,633,669 | $10,305,146 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Washington Market School New York, NY | $36,001,590 | $10,094,278 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |