Gladwyne Montessori School
- Assets
- $12.0m
- Revenue
- $3.9m
- Investments
- $1.4m
- Employees
- 71
- Location
- Gladwyne, PA
- Founding
- 10/1963
- Data as of
- 06/2021
- EIN
- 23-1628684
Organization Overview
Gladwyne Montessori School is located in Gladwyne, PA. The organization was established in 1963. 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, Gladwyne Montessori School employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gladwyne 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 06/2021, Gladwyne Montessori School generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING AN ENVIRONMENT WHERE SELF-RELIANCE, PURPOSEFUL LEARNING AND SOCIAL HARMONY ARE FOSTERED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TODDLER EDUCATION PROGRAMS (2 YEARS TO 3 YEARS OF AGE), PRIMARY EDUCATION PROGRAMS (3 YEARS TO 6 YEARS OF AGE), AND ELEMENTARY EDUCATION PROGRAMS (1ST THROUGH 6TH GRADES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Kries Head Of School | Officer | 40 | $166,680 |
Michael Dyson CFO | Officer | 40 | $135,028 |
Stefanie Langer Board Chair | OfficerTrustee | 20 | $0 |
Anup Kharode Vice Chair | OfficerTrustee | 5 | $0 |
Leahanna Ianotta Secretary | OfficerTrustee | 5 | $0 |
Nafis Smith Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,713 |
| Related organizations | $0 |
| Government grants | $634,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $698,166 |
| Noncash contributions included in lines 1a–1f | $22,783 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,395,479 |
| Total Program Service Revenue | $2,462,716 |
| Investment income | $21,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$43,637 |
| Net Gain/Loss on Asset Sales | $105,426 |
| Net Income from Fundraising Events | -$3,945 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,937,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $340,681 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $342,366 |
| Compensation of current officers, directors, key employees. | $267,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,468,810 |
| Pension plan accruals and contributions | $83,125 |
| Other employee benefits | $222,931 |
| Payroll taxes | $189,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,889 |
| Fees for services: Accounting | $18,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,876 |
| Advertising and promotion | $42,477 |
| Office expenses | $7,572 |
| Information technology | $82,408 |
| Royalties | $0 |
| Occupancy | $93,111 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,736 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $247,024 |
| Insurance | $61,284 |
| All other expenses | $22,176 |
| Total functional expenses | $3,508,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $4,529,438 |
| Pledges and grants receivable | $277,384 |
| Accounts receivable, net | $9,359 |
| 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 | $310,496 |
| Net Land, buildings, and equipment | $5,507,258 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,388,074 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,022,309 |
| Accounts payable and accrued expenses | $218,150 |
| Grants payable | $0 |
| Deferred revenue | $351,863 |
| 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 | $707,102 |
| Other liabilities | $0 |
| Total liabilities | $1,277,115 |
| Net assets without donor restrictions | $9,771,915 |
| Net assets with donor restrictions | $973,279 |
| 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 | $12,022,309 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Gladwyne Montessori School has recieved totaling $113,948.
| Awarding Organization | Amount |
|---|---|
Independent Charitable Gift Fund Hudson, OH PURPOSE: GENERAL SUPPORT | $75,000 |
Kaleta A Doolin Foundation Dallas, TX PURPOSE: GIFT MADE FOR NEED BASED SCHOLARSHIPS FOR STUDENTS; | $10,000 |
Conston Foundation Narberth, PA PURPOSE: TO FUND THE CHARITY'S OPERATING BUDGET | $6,250 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,875 |
Schoch Foundation Philadelphia, PA PURPOSE: ANNUAL FUND AND AUCTION | $5,000 |
Schoch Foundation Philadelphia, PA PURPOSE: GENERAL | $5,000 |
Endowment Analysis
| Beg. Balance | $452,405 |
| Earnings | $151,564 |
| Other Expense | $95,689 |
| Ending Balance | $508,280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |