Khalsa Montessori Primary School
- Assets
- $603.2k
- Revenue
- $892.1k
- Investments
- $0.0
- Employees
- 62
- Location
- Phoenix, AZ
- Founding
- 03/2010
- Data as of
- 06/2021
- EIN
- 26-3979616
Organization Overview
Khalsa Montessori Primary School is located in Phoenix, AZ. The organization was established in 2010. 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, Khalsa Montessori Primary School employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Khalsa Montessori Primary 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, Khalsa Montessori Primary School generated $892.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $859.9k during the year ending 06/2021. While expenses have increased by 2.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KHALSA MONTESSORI PRIMARY SCHOOL (KMPS) IS A MONTESSORI BASED PRE-K THROUGH K SCHOOL FOR STUDENTS AGE 2-6. KMPS INTEGRATES A CHALLENGING MONTESSORI EDUCATION AND A CARING, RESPONSIBLE COMMUNITY TO PROVIDE STUDENTS ACADEMIC, SOCIAL, PHYSICAL AND CREATIVE GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KHALSA MONTESSORI PRIMARY SCHOOL (KMPS) IS A MONTESSORI BASED PRE-K THROUGH K SCHOOL THAT SERVES STUDENTS 2 TO 6 YEARS OLD IN CENTRAL PHOENIX. THROUGH OUR RELATED ORGANIZATION, KHALSA MONTESSORI ELEMENTRY SCHOOL, WE ARE ABLE TO PROVIDE HALF DAY KINDERGARDEN EDUCATION FOR NO CHARGE AS WELL AS LOWER INCOME FAMILY DISCOUNTS ON STUDENT ACTIVITY FEES. KMPS INTEGRATES A CHALLENGING MONTESSORI EDUCATION AND A CARING, RESPONSIBLE COMMUNITY TO BUILD IN EACH STUDENT A STRONG FOUNDATION FOR FUTURE LEARNING. WE OFFER YOUNG CHILDREN THE OPPORTUNITY TO REACH THEIR HIGHEST POTENTIAL IN HOLISTIC, SELF PACED CLASSROOMS THAT ENCOURAGE ACADEMIC EXCELLENCE, CREATIVITY, MIND AND BODY DISCIPLINE AND SOCIAL RESPONSIBILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Paxton Sec/tr; Prim | Officer | 10 | $55,746 |
Keerat Giordano School Direc | Officer | 2 | $5,192 |
Tom Caglio Vice Preside | Officer | 0.5 | $480 |
Sara Park Member | Officer | 0.5 | $0 |
Elizabeth Bernreuter Member | Officer | 0.5 | $0 |
Lindsay Caglio Member | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,700 |
| Investment income | $315 |
| 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 | $892,140 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $533,640 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,663 |
| Payroll taxes | $56,613 |
| 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 | $21,303 |
| Advertising and promotion | $0 |
| Office expenses | $20,358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $192,386 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,775 |
| Insurance | $12,166 |
| All other expenses | $0 |
| Total functional expenses | $859,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,276 |
| Savings and temporary cash investments | $380,848 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $603,160 |
| Accounts payable and accrued expenses | $25,211 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,211 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $577,949 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Khalsa Montessori Primary School has recieved totaling $268.
| Awarding Organization | Amount |
|---|---|
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $156 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Nueva School Hillsborough, CA | $241,559,050 | $66,364,688 |
Creative Center Of Los Altos Los Altos, CA | $170,822,611 | $50,231,203 |
Colorado Academy Denver, CO | $114,741,916 | $44,259,013 |
Oakwood School North Hollywood, CA | $131,214,925 | $40,512,387 |
Wildwood School Inc Los Angeles, CA | $86,448,080 | $38,177,997 |
Classical Academy Incorporated Escondido, CA | $75,670,985 | $34,177,017 |
Paragon Management Surprise, AZ | $64,904,410 | $28,676,995 |
Harbor Day Endowment Corporation Corona del Mar, CA | $29,496,561 | $8,033,762 |
Center For Early Education West Hollywood, CA | $163,132,439 | $27,283,122 |
Santa Fe Christian Schools Solana Beach, CA | $72,145,924 | $27,955,484 |
Waterford School Holding Corporation Sandy, UT | $35,882,761 | $26,122,549 |
Phoenix Country Day School Paradise Valley, AZ | $77,907,724 | $28,726,427 |