Nonprofit · EIN 27-3480706
FIRST STATE MONTESSORI ACADEMY INC
Tax-exempt (reinstated) · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,141,672 | $10,673,104 | $1,468,568 | $26,922,699 | $36,833,057 | -$9,910,358 |
| June 30, 2024 | 990 | $10,997,947 | $10,921,344 | $76,603 | $26,724,465 | $38,099,389 | -$11,374,924 |
| June 30, 2023 | 990 | $10,249,424 | $11,068,567 | -$819,143 | $26,634,875 | $38,086,402 | -$11,451,527 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,944,160
- of which government grants
- $7,929,139
- Program service revenue
- $3,762,231
- Investment income
- $435,281
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $558,997
- Other salaries and wages
- $4,454,755
- Salaries, compensation and benefits (total)
- $7,718,640
- Professional fundraising fees
- $0
- Legal fees
- $2,205
- Accounting fees
- $26,515
- Occupancy
- $194,564
- Depreciation
- $459,154
- Program services (functional)
- $8,064,598
- Management and general (functional)
- $2,608,506
Balance sheet and other
- Total assets, start of year
- $26,776,769
- Total assets, end of year
- $26,922,699
- Total liabilities, end of year
- $36,833,057
- Net assets, end of year
- -$9,910,358
- Land, buildings and equipment
- $13,142,314
- Gross receipts
- $12,141,672
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COURTNEY FOX | HEAD OF SCHOOL Highest-paid employee | 37.5 | $162,175 | $73,834 |
| ELIZABETH MADEN | DIRECTOR OF EDUCATION Highest-paid employee | 37.5 | $115,843 | $58,775 |
| MEGHAN NEWBERRY | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| BECKY PHILLIPS | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| MATT PETRIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LINDSAY ABRAHAM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANABELLE O'MALLEY | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| MATTHEW BENDER | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| ALISHAH WATSON | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTEN GIDEON | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| RIKKI PETRUCELLI | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| EMILY BURTON | BOD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COURTNEY FOX | HEAD OF SCHOOL Highest-paid employee | 37.5 | $167,289 | $67,991 |
| ELIZABETH MADEN | DIRECTOR OF EDUCATION Highest-paid employee | 37.5 | $120,228 | $53,063 |
| STACEY CLARK | DIRECTOR OF SEPCIAL EDUCAT Highest-paid employee | 37.5 | $108,358 | $48,803 |
| MEGHAN NEWBERRY | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| BECKY PHILLIPS | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| MATT PETRIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LINDSAY ABRAHAMS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANABELLE O'MALLEY | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| MATTHEW BENDER | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| ALISHAH WATSON | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTEN GIDEON | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| RIKKI PETRUCELLI | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| EMILY BURTON | BOD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COURTNEY FOX | HEAD OF SCHOOL Highest-paid employee | 40 | $155,392 | $65,625 |
| ELIZABETH MADEN | DIRECTOR OF EDUCATION Highest-paid employee | 40 | $111,185 | $50,358 |
| MEGHAN NEWBERRY | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| BECKY PHILLIPS | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| JANINE SALOMONE ESQ | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL REILLY | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| SARA STABB | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH NAGLE | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| LORREN HOLLAND | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| KIM LOPEZ | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| MATT PETRIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AVERY STEWART | BOD MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON TUMOLO | BOD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 N FRENCH ST, WILMINGTON, DE 19801-3331
- In care of
- % OLIVER YEH
- Principal officer (990 for 2024)
- COURTNEY FOX, 1000 NORTH FRENCH STREET, WILMINGTON, DE 198013331
- Signed the 990
- COURTNEY FOX, HEAD OF SCHOOL
- Phone
- (302) 576-1500
- Website
- WWW.FIRSTSTATEMONTESSORI.ORG
- Return prepared by
- BARBACANE THORNTON & COMPANY LLP
Mission
THE MISSION OF THE FIRST STATE MONTESSORI ACADEMY IS TO CREATE SUCCESSFUL, CONTRIBUTING, LIFE-LONG LEARNERS IN A MONTESSORI PUBLIC EDUCATIONAL PROGRAM FOR STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE.
Program accomplishments
- FIRST STATE MONTESSORI ACADEMY (FSMA) OPENED IN 2014 IN DOWNTOWN WILMINGTON, DELAWARE. WE SERVE A DIVERSE COMMUNITY OF 600 CHILDREN IN GRADES KINDERGARTEN THROUGH 8TH GRADE. OUR PROGRAM HAS SUCCESSFULLY INTEGRATED A FULLY AUTHENTIC MONTESSORI CURRICULUM WITH THE COMMON CORE STATE STANDARDS. AT THE END OF OUR ACADEMIC YEAR, FSMA HAS MET ALL ACADEMIC, OPERATIONAL, AND FINANCIAL BENCHMARKS SET FORTH BY THE STATE OF DELAWARE.Expenses $8,064,598 · revenue $3,762,231
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3480706
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $26,922,699
- Income (IRS master file)
- $12,141,672
Revocation and reinstatement
- Exemption revoked
- November 15, 2012
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective November 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,141,672 | $10,673,104 | $26,922,699 | IRS |
| 990 | June 2024 | $10,997,947 | $10,921,344 | $26,724,465 | XML |
| 990 | June 2023 | $10,249,424 | $11,068,567 | $26,634,875 | XML |
| 990 | June 2022 | $9,183,891 | $10,524,885 | $29,682,717 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3480706).
Questions about FIRST STATE MONTESSORI ACADEMY INC
- What is the EIN of FIRST STATE MONTESSORI ACADEMY INC?
- The employer identification number (EIN) of FIRST STATE MONTESSORI ACADEMY INC is 27-3480706.
- Is FIRST STATE MONTESSORI ACADEMY INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2012 and reinstated it effective November 15, 2012.
- Are donations to FIRST STATE MONTESSORI ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIRST STATE MONTESSORI ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIRST STATE MONTESSORI ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST STATE MONTESSORI ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FIRST STATE MONTESSORI ACADEMY INC?
- The 990 for the year ended June 30, 2025 names COURTNEY FOX.
- Who are the officers and directors of FIRST STATE MONTESSORI ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $162,175 (COURTNEY FOX, HEAD OF SCHOOL).
- How much revenue does FIRST STATE MONTESSORI ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,141,672, expenses of $10,673,104 and total assets of $26,922,699 at year end.
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