Montessori School In Norwich
- Assets
- $674.0k
- Revenue
- $433.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Hanover, NH
- Founding
- 09/1996
- Data as of
- 06/2022
- EIN
- 03-0351617
Organization Overview
Montessori School In Norwich is located in Hanover, NH. The organization was established in 1996. 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, Montessori School In Norwich employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori School In Norwich 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, Montessori School In Norwich generated $433.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $415.0k during the year ending 06/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOLLOWING IN THE MAIN PHILOSOPHY OF MARIA MONTESSORI, PRESCHOOL AND KINDERGARTEN CHILDREN DEVELOP INDEPENDENCE, SOCIAL SENSITIVITY AND INTEREST IN LEARNING, WHILE BROADENING CULTURAL HORIZONS AND ENVIRONMENTAL AWARENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MONTESSORI CHILDREN'S SCHOOL NURTURES CHILDREN AGED 3 TO 6. THE CHILDREN SHARE INDOOR AND OUTDOOR CLASSROOMS IN A DYNAMIC ENVIRONMENT THAT IS INTENTIONALLY MULTI-AGE AND MULTICULTURAL. IN ACTIVITIES FROM MAPMAKING AND WOODLAND WALKS TO CULTURAL FESTIVALS FROM AROUND THE GLOBE, EACH CHILD'S INNATE CURIOSITY IS ENCOURAGED AND ENGAGED. CLASSROOM WORK BLENDS WITH OUTDOOR PLAY TO DRAW OUT THE FULLEST POTENTIAL OF EACH UNIQUE CHILD, FROM PRESCHOOL THROUGH KINDERGARTEN. THE SCHOOL OFFERS HALF-DAY AND FULL-DAY PROGRAMS. DURING THE YEAR ENDED JUNE 30, 2022, FORTY-TWO STUDENTS ATTENDED THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neha Vaze Head Of School | Officer | 50 | $61,073 |
Lindsay Fox Chair | OfficerTrustee | 1 | $0 |
Heather Healey Treasurer | OfficerTrustee | 1 | $0 |
Chris Atencio Secretary | OfficerTrustee | 0.5 | $0 |
Wendy Epps Director | Trustee | 0.5 | $0 |
Maureen Krauland Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,422 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,118 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,540 |
| Total Program Service Revenue | $350,992 |
| Investment income | $2,790 |
| 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 | $433,526 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,586 |
| Compensation of current officers, directors, key employees. | $66,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,030 |
| Payroll taxes | $16,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $514 |
| Fees for services: Accounting | $1,987 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,600 |
| Advertising and promotion | $0 |
| Office expenses | $2,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,875 |
| 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 | $18,882 |
| Insurance | $8,251 |
| All other expenses | $0 |
| Total functional expenses | $414,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,017 |
| Savings and temporary cash investments | $127,707 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $285,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,474 |
| Total assets | $673,978 |
| Accounts payable and accrued expenses | $2,982 |
| 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 | $2,982 |
| Net assets without donor restrictions | $665,996 |
| Net assets with donor restrictions | $5,000 |
| 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 | $673,978 |
Endowment Analysis
| Beg. Balance | $65,908 |
| Earnings | -$4,526 |
| Admin Expense | $388 |
| Other Expense | $2,520 |
| Ending Balance | $58,474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jumpstart For Young Children Inc Boston, MA | $20,704,200 | $25,715,901 |
Holyoke Chicopee Springfield Head Start Inc Springfield, MA | $4,876,659 | $18,197,572 |
Belmont Day School Inc Belmont, MA | $53,871,739 | $17,214,948 |
The Kingsley Montessori School Inc Boston, MA | $12,852,129 | $12,365,430 |
Nashoba Brooks School Of Concord Concord, MA | $34,636,415 | $10,867,224 |
Chestnut Hill School Chestnut Hill, MA | $33,385,087 | $15,409,802 |
Crossroads Continuum Inc Hudson, MA | $10,592,948 | $12,454,903 |
Inly School Inc Scituate, MA | $15,613,460 | $10,498,509 |
Tenacre Country Day School Corporation Wellesley, MA | $48,148,886 | $8,201,526 |
Tower School In Marblehead Inc Marblehead, MA | $19,833,981 | $10,113,331 |
Park Street School Inc Boston, MA | $23,904,620 | $7,847,918 |
Triumph Inc Taunton, MA | $5,431,318 | $7,686,507 |