Hershey Montessori School
- Assets
- $11.0m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 87
- Location
- Concord, OH
- Founding
- 11/1979
- Data as of
- 06/2021
- 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 06/2021, Hershey Montessori School employed 87 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 06/2021, Hershey Montessori School generated $4.6m 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 $4.3m during the year ending 06/2021. 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
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 |
|---|---|---|---|
Paula Leigh-Doyle Head Of Scho | Officer | 40 | $119,480 |
Lynette Ruple Director Of | Officer | 40 | $99,364 |
C Fraser Elliot President | OfficerTrustee | 3 | $0 |
Patricia Emond Vice Preside | OfficerTrustee | 2 | $0 |
Sandy Giallanza Secretary | OfficerTrustee | 2 | $0 |
John Cunningham Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,755 |
| Related organizations | $0 |
| Government grants | $720,381 |
| All other contributions, gifts, grants, and similar amounts not included above | $750,882 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,494,018 |
| Total Program Service Revenue | $2,215,105 |
| Investment income | $61,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $676,417 |
| Net Income from Fundraising Events | $56,359 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,554,528 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $366,463 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,853 |
| Compensation of current officers, directors, key employees. | $121,051 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,235,420 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $171,175 |
| Payroll taxes | $117,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,012 |
| Fees for services: Other | $18,714 |
| Advertising and promotion | $38,012 |
| Office expenses | $3,392 |
| Information technology | $32,434 |
| Royalties | $0 |
| Occupancy | $321,660 |
| Travel | $20,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,025 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $280,528 |
| Insurance | $47,624 |
| All other expenses | $19,735 |
| Total functional expenses | $4,286,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,081 |
| Savings and temporary cash investments | $600,065 |
| Pledges and grants receivable | $1,171,968 |
| Accounts receivable, net | $21,379 |
| 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 | $7,395 |
| Net Land, buildings, and equipment | $5,890,209 |
| Investments—publicly traded securities | $3,086,468 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,978,565 |
| Accounts payable and accrued expenses | $63,776 |
| Grants payable | $0 |
| Deferred revenue | $629,194 |
| 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 | $32,301 |
| Unsecured mortgages and notes payable | $509,620 |
| Other liabilities | $0 |
| Total liabilities | $1,234,891 |
| Net assets without donor restrictions | $5,415,034 |
| Net assets with donor restrictions | $4,328,640 |
| 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 | $10,978,565 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hershey Montessori School has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Alexander And Sarah Cutler Family Foundation Gates Mills, OH PURPOSE: GENERAL TAX-EXEMPT PURPOSES | $0 |
Endowment Analysis
| Beg. Balance | $2,464,666 |
| Earnings | $645,506 |
| Net Contributions | $4,150 |
| Other Expense | $9,214 |
| Ending Balance | $3,105,108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pathway Inc Toledo, OH | $1,947,954 | $15,676,190 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
Leonard And Susan Fuchs Mizrachi School Beachwood, OH | $63,214,368 | $13,451,315 |
Child Care Resource Center Of Cuyahoga County Cleveland, OH | $5,221,997 | $11,522,146 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |
Cincinnati Preschool Program Cincinnati, OH | $3,699,695 | $7,358,801 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
West Side Montessori Toledo, OH | $13,475,225 | $7,904,337 |
Metropolitan Children And Youth Inc Detroit, MI | $1,358,627 | $5,984,825 |