2024-05-06T10:34:20-05:00 2023-06-30 111986323 MARCUM LLP 555 LONG WHARF DRIVE NEW HAVEN CT 06511 990 2022-07-01 263041656 HOLLIS MONTESSORI SCHOOL HOLL 6034001515 9 SOUTH MERRIMACK ROAD HOLLIS NH 03049 CHRIS MACBEAN TREASURER 6034001515 2024-05-02 1 CHRIS MACBEAN 999009999 0 MARY ANTONETTI P00431862 2037819600 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS MACBEAN 9 SOUTH MERRIMACK ROAD HOLLIS NH 03049 1649919 0 X HTTP://WWW.HOLLISMONTESSORI.ORG X 2008 NH TO PROVIDE AUTHENTIC MONTESSORI EDUCATION FOR CHILDREN AGE 3 THROUGH MIDDLE SCHOOL (SEE SCH. O)THE MISSION OF THE HOLLIS MONTESSORI SCHOOL IS TO PROVIDE AUTHENTIC MONTESSORI EDUCATION FOR CHILDREN AGE 3 THROUGH MIDDLE SCHOOL. THE FOLLOWING OBJECTIVES SUPPORT THE SCHOOL'S EXEMPT PURPOSE: TO PROVIDE A SAFE, RICH, PEACEFUL ENVIRONMENT FOR OUR CHILDREN TO GROW AND LEARN. WE SEEK TO EMPOWER, SUPPORT, AND GUIDE THEM BY GRANTING THEM THE FREEDOM TO EXPLORE AND PROGRESS THROUGH THEIR WORK AT THEIR OWN NATURAL INDIVIDUAL PACE. WE AIM TO INSPIRE IN EACH CHILD A LIFE-LONG LOVE OF LEARNING, SELF- CONFIDENCE, LEADERSHIP, AND SENSE OF COMMUNITY AND COOPERATION WITH OTHERS. WE SEEK TO FOSTER AN APPRECIATION OF OUR DIFFERENCES AND AN AWARENESS AND RESPECT FOR ALL LIFE ON EARTH. IT IS OUR VISION THAT OUR CHILDREN BE TREATED AS INDIVIDUALS WITH INTRINSIC AND INFINITE WORTH; THAT THEY BE FREE TO FIND THE PATH THAT IS RIGHT FOR THEM SO THEY MAY REACH THEIR FULLEST POTENTIAL AS HUMAN BEINGS. 9 7 32 61 0 0 159000 254438 1119951 1335000 2507 4170 0 8313 1281458 1601921 0 0 0 0 858968 940201 0 0 24081 429077 524326 1288045 1464527 -6587 137394 4321763 4365405 3108846 3012123 1212917 1353282 PROVIDED AUTHENTIC MONTESSORI EDUCATION FOR CHILDREN AGE THREE THROUGH GRADE NINE. 0 0 1289046 1335000 PROVIDED AUTHENTIC MONTESSORI EDUCATION FOR CHILDREN AGE THREE THROUGH GRADE NINE. 1289046 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 32 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NH X X THE ORGANIZATION 6034001515 9 SOUTH MERRIMACK ROAD HOLLIS NH 03049 GERRI MORIARTY PRESIDENT 1.50 X X 0 0 0 CHRIS MACBEAN TREASURER 1.50 X X 0 0 0 MARY SAVAGE SECRETARY (RESIGNED 7/2022) 1.50 X X 0 0 0 FRANK GROSSMAN DIRECTOR 1.00 X 0 0 0 MARLA JONES DIRECTOR 1.00 X 0 0 0 JAMES MOSKUN DIRECTOR 1.00 X 0 0 0 PREM RAO VICE PRESIDENT 1.00 X X 0 0 0 MELINDA WILLIS DIRECTOR 1.00 X 0 0 0 PAUL CARLSON SECRETARY 1.00 X X 0 0 0 CAROL LINSTID DIRECTOR (JOINED 7/2022) 1.00 X 0 0 0 KARI HEADINGTON HEAD OF SCHOOL 40.00 X 72992 0 6844 72992 0 6844 0 0 0 0 0 32449 221989 95260 254438 TUITION 611110 1300098 1300098 STUDENT ACTIVITY FEES 611110 21448 21448 APPLICATION FEES 611110 13454 13454 1335000 4170 4170 55008 32449 47998 7010 7010 OTHER INCOME 900099 1303 1303 1303 1601921 1335000 0 12483 81512 57059 20378 4075 740378 686678 43607 10093 54568 51190 2761 617 63743 57477 5064 1202 5075 5075 30505 30505 7846 7061 785 13915 13915 44952 28565 8355 8032 4712 1178 3534 23541 22577 964 91852 88178 3674 109599 105215 4384 18019 17679 278 62 MAINTENANCE AND REPAIRS 92710 88961 3749 STUDENT ACTIVITIES 31943 31943 CONSUMABLES AND SUPPLIE 30846 30647 199 STAFF DEVELOPMENT 18811 14638 4173 1464527 1289046 151400 24081 795745 638674 0 27650 6366 0 0 16263 4393592 966167 3519652 3427425 0 255393 4321763 4365405 118957 114340 34300 35334 2947801 2852217 7788 10232 3108846 3012123 X 1154720 1236286 58197 116996 1212917 1353282 4321763 4365405 137394 2971 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 758428 758428 3585898 923714 2662184 49266 42453 6813 3427425 OTHER LIABILITIES 10232 10232 X 1604892 2971 2971 1601921 0 1601921 1464527 0 1464527 0 1464527 PART X, LINE 2: THE FOLLOWING IS AN EXCERPT FROM NOTE 2 OF THE FINANCIAL STATEMENTS: THE SCHOOL HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE SCHOOL IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE SCHOOL ACCOUNTS FOR UNCERTAIN TAX PROVISIONS UNDER FASB ASC 740, INCOME TAXES, WHICH PROVIDES A FRAMEWORK FOR HOW ENTITIES SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR FINANCIAL STATEMENTS. THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS REVIEWED THE SCHOOL'S REPORTING AND BELIEVES THEY HAVE NOT TAKEN TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO BE DETERMINED TO BE INCORRECT BY THE IRS AND, THEREFORE, NO ADJUSTMENTS OR DISCLOSURES ARE REQUIRED. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLICIZED RACIALLY NONDISCRIMINATORY POLICY THOUGH ALL SOLICITATIONS OF STUDENTS INCLUDING BROCHURES AND WEBSITE INFORMATION SPRING GALA/SILENT AUCTION 87457 32449 55008 32549 9598 3125 2726 87457 32449 55008 32549 9598 3125 2726 47998 7010 FRANK GROSSMAN - TECHNOLOGY GARDEN LLC BOARD MEMBER MORTGAGE - LOANS FOR AQUISITION AND DEVELOPEMNT OF SCHOOL CAMPUS X 1772092 1426109 0 1 1 JAMES MOSKUN - TECHNOLOGY GARDEN LLC BOARD MEMBER MORTGAGE - LOANS FOR AQUISITION AND DEVELOPEMNT OF SCHOOL CAMPUS X 1772092 1426108 0 1 1 2852217 X INTEREST EXP. FORGIVENESS 1 62811 FMV X AUCTION ITEMS 199 32449 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART 1, COLUMN B. FORM 990, PART VI, SECTION A, LINE 2 JAMES MOSKUN AND FRANK GROSSMAN OWN TECHNOLOGY GARDEN, LLC. (SEE SCHEDULE L) FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW THE FORM 990 - COPIES ARE MADE AVAILABLE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST POLICY NOTED IN THE BYLAWS IS AS FOLLOWS. ANY POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER OF THE BOARD OF DIRECTORS, AN OFFICER OR EMPLOYEE OF THE CORPORATION, SHALL BE DISCLOSED IN WRITING TO THE BOARD AND MADE A MATTER OF RECORD THROUGH AN ANNUAL PROCEDURE AND ALSO WHEN THE INTEREST INVOLVES A SPECIFIC ISSUE BEFORE THE BOARD. WHERE THE TRANSACTION INVOLVING A MEMBER OF THE BOARD OF DIRECTORS OR AN OFFICER EXCEEDS FIVE HUNDRED DOLLARS ($500) BUT IS LESS THAN FIVE THOUSAND DOLLAR ($5,000) IN A FISCAL YEAR, A TWO-THIRDS VOTE OF THE DISINTERESTED MEMBERS OF THE BOARD IS REQUIRED. WHERE THE TRANSACTION INVOLVED IS EQUAL TO OR EXCEEDS FIVE THOUSAND DOLLARS ($5,000) IN A FISCAL YEAR, THEN A TWO-THIRDS VOTE OF THE DISINTERESTED MEMBERS OF THE BOARD AND PUBLICATION IN THE REQUIRED NEWSPAPER IS REQUIRED. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE ACTUAL VOTE ITSELF. EVERY NEW MEMBER OF THE BOARD OF DIRECTORS WILL BE ADVISED OF THIS POLICY UPON ENTERING THE DUTIES OF HIS OR HER OFFICE, AND SHALL SIGN A STATEMENT ACKNOWLEDGING, UNDERSTANDING OF AND AGREEMENT TO THIS POLICY. THE BOARD OF DIRECTORS WILL COMPLY WITH ALL REQUIREMENTS OF NEW HAMPSHIRE LAW IN THIS AREA AND THE NEW HAMPSHIRE REQUIREMENTS ARE INCORPORATED INTO AND MADE A PART OF THIS POLICY STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE (SUBCOMMITTEE OF THE BOARD OF DIRECTORS) ANNUALLY REVIEWS PERFORMANCE OF THE HEAD OF SCHOOL (CEO) AND PROVIDES RECOMMENDATIONS TO BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.