West Side Montessori School
- Assets
- $34.5m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 71
- Location
- New York, NY
- Founding
- 02/1965
- Data as of
- 06/2022
- EIN
- 13-1992185
Organization Overview
West Side Montessori School is located in New York, NY. The organization was established in 1965. 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, West Side Montessori School employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Side 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, West Side Montessori School generated $10.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $10.6m during the year ending 06/2022. While expenses have increased by 5.2% 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
WE PREPARE CHILDREN TO BE RESILIENT, CREATIVE AND INDEPENDENT PROBLEM SOLVERS. WE ARE LEADERS IN TEACHING MONTESSORI PRINCIPLES AND INCORPORATE THE BEST PRACTICES OF MODERN EARLY CHILDHOOD EDUCATION IN OUR CLASSROOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE AND ITS LARGEST PROGRAM SERVICE, IS TO PROVIDE EARLY EDUCATION TO 150-200 CHILDREN FROM PRE-K THROUGH KINDERGARTEN.
THIS ORGANIZATION ALSO OPERATES A MONTESSORI TEACHER EDUCATION PROGRAM, THE WSMS-TEP PROGRAM, FOR TEACHERS WHO WISH TO OBTAIN THEIR MONTESSORI TEACHING CREDENTIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mimi Basso Head Of School | OfficerTrustee | 40 | $413,846 |
Loren DE Nicola Assoc Head | 40 | $169,014 | |
Melissa Mack Assoc Head | 40 | $150,698 | |
Lisanne Pinciotti Director Of Tep | 40 | $147,663 | |
Matthew Bloom CFO | Officer | 32 | $142,856 |
Judy Lyons Dir Of Admin | 40 | $127,807 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $56,189 |
| Related organizations | $0 |
| Government grants | $241,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $686,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $984,340 |
| Total Program Service Revenue | $8,702,803 |
| Investment income | $665,464 |
| 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 | $10,367,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,384,285 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $674,331 |
| Compensation of current officers, directors, key employees. | $481,918 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,262,931 |
| Pension plan accruals and contributions | $403,801 |
| Other employee benefits | $668,082 |
| Payroll taxes | $379,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,709 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,326 |
| Fees for services: Other | $189,200 |
| Advertising and promotion | $0 |
| Office expenses | $106,774 |
| Information technology | $126,011 |
| Royalties | $0 |
| Occupancy | $581,907 |
| 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 | $685,156 |
| Insurance | $143,051 |
| All other expenses | $0 |
| Total functional expenses | $10,616,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,189,740 |
| Savings and temporary cash investments | $4,556,592 |
| Pledges and grants receivable | $286,744 |
| Accounts receivable, net | $291,012 |
| 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 | $341,663 |
| Net Land, buildings, and equipment | $14,366,793 |
| Investments—publicly traded securities | $12,023,820 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $456,703 |
| Total assets | $34,513,067 |
| Accounts payable and accrued expenses | $844,397 |
| Grants payable | $0 |
| Deferred revenue | $5,247,475 |
| 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 | $409,063 |
| Total liabilities | $6,500,935 |
| Net assets without donor restrictions | $28,012,132 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,513,067 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that West Side Montessori School has recieved totaling $98,106.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $20,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $17,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,532 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $10,000 |
Sidney A Kohl Fam Foundation Tr Palm Beach, FL PURPOSE: CHARITABLE | $10,000 |
Bc Partners Foundation Us Inc New York, NY PURPOSE: EDUCATIONAL NEEDS | $8,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance For Community Empowerment Inc Bridgeport, CT | $16,278,594 | $27,495,341 |
Scus Head Start Programs Inc Fairfield, CT | $3,729,940 | $22,684,143 |
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
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 |
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
The Kingsley Montessori School Inc Boston, MA | $12,852,129 | $12,365,430 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
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 |