Sussex Montessori School Inc
- Assets
- $20.3m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 82
- Location
- Seaford, DE
- Founding
- 02/2019
- Data as of
- 06/2023
- EIN
- 82-2404164
Organization Overview
Sussex Montessori School Inc is located in Seaford, DE. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Sussex Montessori School Inc employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sussex Montessori School Inc 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 06/2023, Sussex Montessori School Inc generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $6.6m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SCHOOL IS TO NURTURE THE DEVELOPMENT OF EMPATHETIC, COLLABORATIVE, PERSISTENT AND INNOVATIVE GLOBAL AND COMMUNITY CITIZENS IN ACCORDANCE WITH THE TIME-TESTED PHILOSOPHY OF MARIA MONTESSORI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE '22/'23 ACADEMIC YEAR WAS THE SCHOOL'S THIRD YEAR OF SCHOOL OPERATIONS. THERE WERE 403 STUDENTS ENROLLED.THE SCHOOL USES THE MONTESSORI METHOD TO EDUCATE CHILDREN THROUGH AUTHENTIC PERSONALIZED LEARNING EXPERIENCES, RESPECTFUL RELATIONSHIPS, OPPORTUNITIES TO INNOVATE, AND A FOCUS ON GLOBAL CITIZENSHIP. THE SCHOOL ENROLLS STUDENTS AGED 5-12 YEARS OLD (KINDERGARTEN THROUGH GRADE 6) WHO WISH TO PARTICIPATE IN THE MONTESSORI APPROACH. THE SCHOOL PROVIDES AN OPTION FOR FAMILIES WHO SEEK A BRAIN-BASED, CHILD-CENTERED, DIFFERENTIATED LEARNING ENVIRONMENT.THE SCHOOL USES THE RESPONSIVE CLASSROOM APPROACH TO DEVELOP A CONSISTENT AND COHERENT POSITIVE SCHOOL ENVIRONMENT ACROSS THE SCHOOL COMMUNITY. THIS RESEARCH-BASED APPROACH HAS BEEN SHOWN TO POSITIVELY IMPACT STUDENT ACHIEVEMENT, IMPROVE TEACHER-STUDENT INTERACTIONS, AND INCREASE THE AMOUNT OF TIME CHILDREN ARE ENGAGED IN THE CLASSROOM. THE RESPONSIVE CLASSROOM APPROACH PROVIDES A FRAMEWORK FOR THE SOCIAL CLIMATE OF THE MONTESSORI CLASSROOM AND SCHOOL.A DISTINCTIVE FEATURE OF A MONTESSORI SCHOOL IS THE CELEBRATION OF CULTURAL AND GLOBAL AWARENESS. THE IMMEDIATE AND EXTENDED FAMILIES OF MONTESSORI STUDENTS ARE AN INTEGRAL PART OF THE SCHOOL CULTURE. THEIR EXPERTISE ABOUT THEIR PERSONAL CULTURE AND UNIQUE EXPERIENCES PROVIDE BREADTH AND DEPTH TO THE CURRICULUM RESULTING IN THE DEVELOPMENT OF EMPATHY AND MULTICULTURAL APPRECIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Crampton-Bradley Board Member | Trustee | 2 | $0 |
Lauren Connelly Board Member | Trustee | 2 | $0 |
Christine Gorowara Co-Vice Chair | OfficerTrustee | 4 | $0 |
Patricia Hermance Co-Vice Chair | OfficerTrustee | 4 | $0 |
Penny Short Board Member | Trustee | 2 | $0 |
Sean Steward Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
K&j Bus Transportation Bus Transportation Services | 6/29/23 | $351,010 |
Boys And Girls Club Food Service | 6/29/23 | $137,953 |
University Of Delaware Training And Educational Services | 6/29/23 | $129,550 |
Boxx Modular Inc Construction | 6/29/23 | $121,258 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,780,156 |
| All other contributions, gifts, grants, and similar amounts not included above | $609,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,389,534 |
| Total Program Service Revenue | $26,253 |
| Investment income | $16,820 |
| 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 | $6,432,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $154,723 |
| Compensation of current officers, directors, key employees. | $61,889 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,251,932 |
| Pension plan accruals and contributions | $1,294,148 |
| Other employee benefits | $304,175 |
| Payroll taxes | $176,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,826 |
| Fees for services: Accounting | $23,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $45,015 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,104,474 |
| Advertising and promotion | $8,252 |
| Office expenses | $32,893 |
| Information technology | $61,100 |
| Royalties | $0 |
| Occupancy | $301,610 |
| Travel | $4,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,666 |
| Interest | $190,230 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $293,433 |
| Insurance | $54,094 |
| All other expenses | $0 |
| Total functional expenses | $6,610,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,910 |
| Savings and temporary cash investments | $1,934,979 |
| Pledges and grants receivable | $170,723 |
| Accounts receivable, net | $0 |
| 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 | $240 |
| Net Land, buildings, and equipment | $11,629,284 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,291,733 |
| Total assets | $20,256,869 |
| Accounts payable and accrued expenses | $715,161 |
| 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 | $7,650,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,536,947 |
| Total liabilities | $15,902,108 |
| 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 | $3,828,086 |
| Retained earnings, endowment, accumulated income, or other funds | $526,675 |
| Total liabilities and net assets/fund balances | $20,256,869 |