2024-05-15T10:55:04-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-07-01 231628684 THE GLADWYNE MONTESSORI SCHOOL GLAD 6106491761 920 YOUNGSFORD ROAD GLADWYNE PA 19035 HADLEY RUGGLES HEAD OF SCHOOL 6106491761 2024-05-14 1 HADLEY RUGGLES 999009999 1 HELEN M MARTIN P01330899 2158818800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HADLEY RUGGLES 920 YOUNGSFORD ROAD GLADWYNE PA 19035 7788385 0 X WWW.GLADWYNE.ORG X 1962 PA PROVIDING AN ENVIRONMENT WHERE SELF-RELIANCE, PURPOSEFUL LEARNING AND SOCIAL HARMONY ARE FOSTERED. 15 15 86 58 0 0 938151 1442297 5317178 6062764 23480 180612 -21669 -9553 6257140 7676120 391405 510732 0 0 3717994 4304232 0 0 295505 1056522 1211279 5165921 6026243 1091219 1649877 13239149 18000955 1570514 4462314 11668635 13538641 X WE ARE FOCUSED ON REALIZING THE POTENTIAL IN EVERY CHILD BY PROVIDING AN ENVIRONMENT WHERE SELF-RELIANCE, PURPOSEFUL LEARNING AND SOCIAL HARMONY ARE FOSTERED. SEE CONTINUATION ON SCHEDULE O.GUIDED BY THE PHILOSOPHY OF DR. MARIA MONTESSORI AND REINFORCED BY CONTEMPORARY RESEARCH, WE ARE AN OUTSTANDING ALTERNATIVE TO TRADITIONAL EDUCATION, NURTURING STUDENTS WHO ARE BRIGHT, CAPABLE, CARING AND EXTREMELY PREPARED TO SUCCEED IN THE REAL WORLD. THROUGH OUR INNOVATIVE APPROACH TO EDUCATION, YOUR CHILD DEVELOPS INDEPENDENCE, EXPLORES CREATIVITY, LEARNS TO RESPECT NATURE AND CULTIVATES A SENSE OF AWE AND WONDER. 0 0 3957159 510732 6062764 EDUCATION PROGRAMS FOR INFANT AND YOUNG TODDLERS (FROM SIX WEEKS TO 2 YEARS) WHICH BEGAN IN FISCAL YEAR 2022, TODDLERS (2 YEARS TO 3 YEARS OF AGE), PRIMARY (3 YEARS TO 6 YEARS OF AGE), AND ELEMENTARY (1ST THROUGH 6TH GRADES). 3957159 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 86 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X MICHAEL DYSON 6106491761 920 YOUNGSFORD RD GLADWYNE PA 19035 LEAHANN IANNOTTA CHAIR 5.00 X X 0 0 0 ANTHONY GRILLO VICE-CHAIR 3.00 X X 0 0 0 NAFIS SMITH TREASURER 3.00 X X 0 0 0 WILLIAM NORD SECRETARY 3.00 X X 0 0 0 ALLEYA BESS MEMBER 2.00 X 0 0 0 LESLIE BORIS MEMBER 2.00 X 0 0 0 VANESSA GALELLO MEMBER 2.00 X 0 0 0 JUSTIN SPIKE MEMBER 2.00 X 0 0 0 ALEX GOYINS MEMBER 2.00 X 0 0 0 MATTHEW HEIL MEMBER 2.00 X 0 0 0 LIBBY HERRON MEMBER 2.00 X 0 0 0 ANUP KHARODE MEMBER 2.00 X 0 0 0 DAVID SILVERA MEMBER 2.00 X 0 0 0 JEFF STACEY MEMBER 2.00 X 0 0 0 GRETCHEN SPRAFKE MEMBER 2.00 X 0 0 0 HADLEY RUGGLES HEAD OF SCHOOL 40.00 X 112213 0 16926 MICHAEL DYSON CFO 40.00 X 139003 0 17341 GWEN SHANGLE DIRECTOR OF MONTESSORI 40.00 X 106271 0 18309 357487 0 52576 3 0 1 0 GARDNERFOX ASSOCIATES INC 919 GLENBROOK AVE BRYN MAWR PA 19010 CONSTRUCTION SERVICES 3051854 1 79338 638352 724607 7533 1442297 TUITION 611710 5604773 5604773 EXTENDED DAY PROGRAM 611710 304355 304355 SUMMER CAMP 611710 130886 130886 APPLICATION/ADMIN FEES 611710 16864 16864 OTHER MISC INCOME 611710 5886 5886 6062764 180612 180612 46740 46281 459 459 459 55972 79338 65984 -10012 -10012 7676120 6062764 0 171059 510732 510732 408841 47186 314469 47186 3108267 2151389 875610 81268 115618 86454 25898 3266 416558 264624 132282 19652 254948 158000 87755 9193 18164 18164 27895 27895 18813 18813 51279 51279 15380 15380 86927 46275 35294 5358 104388 82012 18785 3591 26033 20452 4685 896 343113 297596 32487 13030 63157 49619 11365 2173 REPAIRS AND MAINTENANCE 108174 85759 18660 3755 PROGRAM SUPPLIES/EQUIP 101502 85576 15926 BAD DEBT 59059 0 2334 56725 SCHOOL EVENTS 43290 14371 27194 1725 144105 57114 39304 47687 6026243 3957159 1773579 295505 300 300 5511757 6994887 191419 84893 9918 11289 220043 220704 14038314 4899782 6065551 9138532 1240161 1482500 0 67850 13239149 18000955 624246 410348 307916 562370 3489596 638352 0 1570514 4462314 X 11063524 13112970 605111 425671 11668635 13538641 13239149 18000955 1649877 220129 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 472367 39029 10822 500574 508280 35184 -59005 12092 472367 452405 151564 95689 508280 447741 69098 64434 452405 440342 102542 95143 447741 0.58932 0.00000 0.41068 1 1 0 2100463 2100463 7729259 3963880 3765379 378033 59788 318245 3830559 876114 2954445 9138532 VANGUARD 500 INDEX FUND ADMIRAL 1482500 F 1482500 X 6663142 220129 46281 266410 6396732 1279388 1279388 7676120 5561792 46281 46281 5515511 510732 510732 6026243 PART X, LINE 2: THE SCHOOL HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2023 OR 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 46,281. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 510,732. NON-OPERATING REVENUE - CONTRIBUTIONS FOR CAMPUS PROJECTS 60,978. FUNDRAISING EVENT RESTRICTED REVENUES 69,326. PPP LOAN FORGIVENESS 638,352. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 46,281. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 510,732. PART V LINE 4 ENDOWMENT FUNDS ARE TO BE INTENDED TO BE USED FOR SCHOLARSHIPS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPERS, BROCHURES AND WEBSITE PTA AUCTION 135310 79338 55972 1582 38171 14365 11866 135310 79338 55972 1582 38171 14365 11866 65984 -10012 1 SCHOLARSHIPS TO THE GLADWYNE MONTESSORI SCHOOL 32 510732 PART I, LINE 2: THE GLADWYNE MONTESSORI SCHOOL UTILIZES A THIRD PARTY PROCESSOR TO DETERMINE NEED. AWARDS ARE BASED ON DEMONSTRATED NEED, TOTAL FINANCIAL AID FUNDS AVAILABLE, AND THE RELATIVE NEED OF APPLICANTS. X X X 0 0 0 0 0 0 0 0 0 MICHAEL DYSON CFO 139003 0 0 0 0 0 8521 0 8820 0 156344 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL, THE CHIEF FINANCIAL OFFICER, AND THE BOARD OF TRUSTEES IN CONSULTATION WITH THE SCHOOL'S TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES OF THE GLADWYNE MONTESSORI SCHOOL ARE ASKED TO READ AND ACKNOWLEDGE IN WRITING THAT THEY HAVE READ THE POLICY. THE POLICY AND ITS APPLICATION IS REVIEWED ANNUALLY AT A DESIGNATED MEETING OF THE BOARD OF TRUSTEES FOR THE INFORMATION AND GUIDANCE OF TRUSTEES, EACH OF WHOM HAS A CONTINUING RESPONSIBILITY TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST, AND MAKE DISCLOSURES AS DESCRIBED IN THE POLICY, WHICH IS PERIODICALLY UPDATED. COMPLIANCE IS MONITORED BY THE BOARD CHAIR. THE CONFLICT OF INTEREST POLICY IS CLEARLY STATED IN THE EMPLOYEE HANDBOOK, WHICH IS DISTRIBUTED TO FACULTY AND STAFF WHEN THEY ARE HIRED AND PERIODICALLY THEREAFTER, AS IT IS UPDATED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS NEGOTIATED BY THE BOARD CHAIR AND THE HEAD OF THE SCHOOL, USING A SALARY RANGE BASED ON INDUSTRY BENCHMARKS. INCREASES ARE DETERMINED FOR THE HEAD OF SCHOOL'S CONTRACT AND UPON ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE. THE DECISION MAKING PROCESS OF THE EXECUTIVE COMMITTEE IS THEN DOCUMENTED AND APPROVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.