Hershey Montessori School
- Assets
- $9.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 68
- Location
- Concord, OH
- Founding
- 11/1979
- Data as of
- 06/2022
- EIN
- 34-1257076
Organization Overview
Hershey Montessori School is located in Concord, OH. The organization was established in 1979. 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, Hershey Montessori School employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hershey 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, Hershey Montessori School generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $4.7m 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
MONTESSORI EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATIONS OF MONTESSORI PROGRAMS AT THE FOLLOWING LEVELS: PARENT-INFANT, YOUNG CHILD, PRE-SCHOOL, ELEMENTARY, MIDDLE SCHOOL, AND UPPER SCHOOL
AS PART OF THE CURRICULUM IN THE MIDDLE AND UPPER SCHOOL PROGRAMMING,STUDENTS LEARN FINANCIAL LITERACY AND BUSINESS MANAGEMENT RUNNING A MICROECONOMY. MICROECONOMY ACTIVITY CONSISTS OF GARDENING/TENDING CROPS USED IN THE CAMPUS KITCHEN, MAPLE SYRUP PRODUCTION, WOODSHOP ACTIVITY AND MANAGING A LIMITED NUMBER OF CAMPUS EVENTS, SUCH AS DRAMA PRODUCTIONS AND PANCAKE BREAKFASTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Fraser Elliot President | OfficerTrustee | 3 | $0 |
Patricia Emond Vice Preside | OfficerTrustee | 2 | $0 |
Sandy Giallanza Secretary | OfficerTrustee | 1 | $0 |
Debbie Guren Board Member | Trustee | 1 | $0 |
Jane Neubauer Board Member | Trustee | 1 | $0 |
Colleen Welder Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,000 |
| Related organizations | $0 |
| Government grants | $711,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $615,343 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,386,001 |
| Total Program Service Revenue | $3,083,522 |
| Investment income | $65,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,651 |
| Net Gain/Loss on Asset Sales | $54,737 |
| Net Income from Fundraising Events | $47,126 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,685,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $448,628 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,215 |
| Compensation of current officers, directors, key employees. | $119,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,417,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $208,111 |
| Payroll taxes | $145,069 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,227 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,521 |
| Fees for services: Other | $26,245 |
| Advertising and promotion | $50,498 |
| Office expenses | $3,701 |
| Information technology | $31,246 |
| Royalties | $0 |
| Occupancy | $403,123 |
| Travel | $31,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $286,902 |
| Insurance | $45,198 |
| All other expenses | $1,728 |
| Total functional expenses | $4,725,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,832 |
| Savings and temporary cash investments | $275,178 |
| Pledges and grants receivable | $736,396 |
| Accounts receivable, net | $41,479 |
| 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 | $19,225 |
| Net Land, buildings, and equipment | $5,834,313 |
| Investments—publicly traded securities | $2,634,497 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,833,920 |
| Accounts payable and accrued expenses | $62,701 |
| Grants payable | $0 |
| Deferred revenue | $576,826 |
| 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 | $17,726 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $657,253 |
| Net assets without donor restrictions | $5,580,393 |
| Net assets with donor restrictions | $3,596,274 |
| 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 | $9,833,920 |