2025-02-23T17:29:23-06:00 2024-06-30 042943536 TONNESON & COMPANY PC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2023-07-01 042104370 THE KINGSLEY MONTESSORI SCHOOL INC KING 6172264904 30 FAIRFIELD STREET BOSTON MA 02116 JAMES BONSEY CHIEF FINANCIAL & OPERATING OFFICER 6172264904 2025-02-21 1 0 JODY K BOOTH P00963825 7812459999 2025-02-21 2023 2025-03-06 01:10:19Z FRANCIS CASH 30 FAIRFIELD STREET BOSTON MA 02116 19608021 0 X WWW.KINGSLEY.ORG X 1945 MA TO PROVIDE EDUCATION TO STUDENTS IN GRADES TODDLER TO SIXTH 21 20 151 157 0 0 1270577 6151074 12029625 12970075 14845 165242 -5640 321630 13309407 19608021 583605 628682 0 0 8443858 8909805 0 0 454628 4456532 4995495 13483995 14533982 -174588 5074039 21178160 38402894 17817647 29968342 3360513 8434552 TO ENGAGE THE MIND, HANDS, AND HEART OF EACH CHILD TO NURTURE RESILIENT EXPLORERS, CONFIDENT LEARNERS, AND EMPATHETIC CITIZENS. 0 0 11210100 628682 12970075 THE KINGSLEY MONTESSORI SCHOOL, INC. MAINTAINS A NON-PROFIT PRIVATE SCHOOL AND, IN GENERAL, CONDUCTS ACTIVITIES FOR THE PROMOTION OF EDUCATION AND INSTRUCTION OF STUDENTS. 11210100 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 56 0 1 151 1 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X FRANCIS CASH 6172264904 30 FAIRFIELD STREET BOSTON MA 02116 ROB ALBRO TRUSTEE 1.00 X 0 0 0 VIVIAN ARIAS TRUSTEE 1.00 X 0 0 0 FATIMA AZIZ TRUSTEE 1.00 X 0 0 0 NICK AZRACK TRUSTEE 1.00 X 0 0 0 HEATHER CARRILLO TREASURER 1.00 X X 0 0 0 MORAD ELHAFED VICE-TREASURER 1.00 X X 0 0 0 DANIELLE FRISSELL TRUSTEE 1.00 X 0 0 0 INGRID HAMMOND TRUSTEE 1.00 X 0 0 0 TARA JORDAN TRUSTEE 1.00 X 0 0 0 JONATHAN KASEN TRUSTEE 1.00 X 0 0 0 WILL KRAUSE TRUSTEE 1.00 X 0 0 0 LAURA NIELSEN TRUSTEE 1.00 X 0 0 0 MARIA PANTAZIS TRUSTEE 1.00 X 0 0 0 DANE RASMUSSEN CLERK 1.00 X X 0 0 0 JOSH ROTTNER TRUSTEE 1.00 X 0 0 0 TEDD SAUNDERS TRUSTEE 1.00 X 0 0 0 NIK SHAH CHAIR 1.00 X X 0 0 0 LARA SINICROPI-YAO VICE-CHAIR 1.00 X X 0 0 0 ROB SMALL TRUSTEE 1.00 X 0 0 0 KRISTIN WALLACE TRUSTEE 1.00 X 0 0 0 STEVE FARLEY HEAD OF SCHOOL 40.00 X 304950 0 41245 COURTNEY TOMASELLI CHIEF ADVANCEMENT OFFICER 40.00 X 150584 0 27679 WENDY FALCHUK DIRECTOR OF ADMISSIONS AND 40.00 X 125724 0 21526 PETER ZETLAN DIRECTOR OF EARLY CHILDHOO 40.00 X 122733 0 22107 TARA HOFHERR DIRECTORS OF EARLY CHILDHOOD & MONTESSORI EDUCATIO 40.00 X 131782 0 29471 JAMIE LACROIX DIRECTOR OF MARKETING & CO 40.00 X 119260 0 15590 955033 0 157618 6 0 1 0 EPSTEIN BECKER & GREEN PC 1227 25TH STREET NW - SUITE 700 WASHINGTON DC 20037 LEGAL COUNSEL 163854 1 6151074 128352 6151074 TUITION AND FEES 611600 11866014 11866014 OTHER ACTIVITIES 611600 1104061 1104061 12970075 165242 165242 GAIN ON LEASE MODIFICATION 900099 321630 321630 321630 19608021 12970075 0 486872 628682 628682 538203 188371 349832 6543295 5090157 1146215 306923 219282 172779 36006 10497 1069310 812676 209836 46798 539715 404236 111940 23539 197737 197737 72262 72262 22431 22431 696948 623605 73343 1419332 1277399 141933 626882 564194 62688 485491 436942 48549 119761 102816 16945 MISCELLANEOUS 244423 11002 166550 66871 CLEANING SERVICE 212598 194605 17993 STUDENT ACTIVITIES 202736 202736 REPAIRS AND MAINTENANCE 201388 177982 23406 493506 321918 171588 14533982 11210100 2869254 454628 1031917 280649 6998146 7781594 12500 85200 6969 77596 179089 108888 33195144 3313974 4003588 29881170 8945951 187797 21178160 38402894 728557 827692 4244132 4088907 3743052 25000000 9101906 51743 17817647 29968342 X 3028858 8292172 331655 142380 3360513 8434552 21178160 38402894 5074039 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9597350 9597350 22206918 2007721 20199197 1306901 1250350 56551 83975 55903 28072 29881170 LEASE LIABILITY 51743 51743 X 18979339 0 18979339 628682 628682 19608021 13905300 0 13905300 628682 628682 14533982 PART X, LINE 2: IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND, ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THESE DETERMINATIONS HAVE BEEN REVIEWED ACCORDING TO GUIDANCE IN A RECENT FINANCIAL ACCOUNTING STANDARDS BOARD PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SCHOOL NOW APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF JUNE 30, 2024, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY SUBJECT TO POTENTIAL EXAMINATION BY TAXING JURISDICTIONS FOR THE PRIOR THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 628,682. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 628,682. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE KINGSLEY MONTESSORI SCHOOL PUBLICIZES THEIR NONDISCRIMINATORY POLICY THROUGH THE BOSTON GLOBE AND CERTAIN OTHER PUBLICATIONS. 1 FINANCIAL AID/SCHOLARSHIP 32 628682 PART I, LINE 2: A LIMITED NUMBER OF SCHOLARSHIPS FINANCED PRIMARILY BY FUNDRAISING EVENTS ARE AVAILABLE DEPENDING ON THE CURRENT FINANCIAL CONDITION OF THE SCHOOL. SCHOLARSHIPS ARE BASED UPON NEED. THE FINANCIAL AID COMMITTEE HAS SOLE DISCRETION IN DETERMINING WHO IS AWARDED A SCHOLARSHIP. THE BUSINESS OFFICE PRODUCES REPORTS IN ORDER TO VERIFY AGAINST STUDENT BILLING. X X X X 0 1 0 0 0 1 0 0 0 STEVE FARLEY HEAD OF SCHOOL 304950 0 0 0 0 0 0 0 41245 0 346195 0 0 0 COURTNEY TOMASELLI CHIEF ADVANCEMENT OFFICER 150584 0 0 0 0 0 0 0 27679 0 178263 0 0 0 TARA HOFHERR DIRECTORS OF EARLY CHILDHOOD & MONTE 131782 0 0 0 0 0 0 0 29471 0 161253 0 0 0 PART I, LINE 4B 4B: STEVE FARLEY 457B = $19,500 PART I, LINE 6 THE HEAD OF SCHOOL'S BONUS IS CONTINGENT ON THE SCHOOL MEETING CERTAIN BUDGET THRESHOLDS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2015-04-30 5300000 REPAY 2005 BOND AND FINANCE RENOVATION OF ADDITIONAL SPACE LEASED BY SCHOOL 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2024-02-01 25000000 REPAY 2015 BOND AND FINANCE A BUILDING PURCHASE 0 0 0 A 5300000 5300000 75738 2717338 2506924 1 0 1 1 B 25000000 135435 24864565 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 X 13 128352 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS FIRST PREPARED BY THE OUTSIDE AUDITORS,AND THEN REVIEWED BY THE CFO/COO. THE RETURN IS THEN SUBMITTED FOR APPROVAL TO THE AUDIT COMMITTEE AND PRIOR TO FILING IS MADE AVAILABLE TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS BECAUSE IT IS IMPORTANT FOR MANAGEMENT AND THE BOARD OF TRUSTEES TO BE AWARE OF ANY POTENTIAL CONFLICTS FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS OF DETERMINING COMPENSATION FOR THE ORGANIZATION'S HEAD OF SCHOOL INCLUDES ENGAGING A CONSULTANT THAT UTILIZES FORM 990 OF SIMILAR ORGANIZATIONS AS BENCHMARKS, REVIEW BY THE COMPENSATION COMMITTEE, COMPARISON TO A RELATIVE COMPENSATION SURVEY, AND ULTIMATELY APPROVAL BY THE ORGANIZATION'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH WWW.GUIDESTAR.COM.