2026-05-12T10:39:35-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2024-07-01 042104370 THE KINGSLEY MONTESSORI SCHOOL INC KING 6172264904 30 FAIRFIELD STREET BOSTON MA 02116 JAMES BONSEY CHIEF FINANCIAL & OPERATING OFFICER 6172264904 2026-03-23 1 0 JODY K BOOTH P00963825 7812459999 2026-03-23 2024 2025-03-06 01:10:19Z FRANCIS CASH 30 FAIRFIELD STREET BOSTON MA 02116 15194535 0 X WWW.KINGSLEY.ORG X 1945 MA TO PROVIDE EDUCATION TO STUDENTS IN GRADES TODDLER TO SIXTH 16 16 157 154 0 0 6151074 1324553 12970075 13517628 165242 357209 321630 -4855 19608021 15194535 628682 660935 0 0 8909805 9331402 0 0 467195 4995495 4698043 14533982 14690380 5074039 504155 38777278 39526841 30247339 30492747 8529939 9034094 TO ENGAGE THE MIND, HANDS, AND HEART OF EACH CHILD TO NURTURE RESILIENT EXPLORERS, CONFIDENT LEARNERS, AND EMPATHETIC CITIZENS. 0 0 11520736 660935 13517628 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. 11520736 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 69 0 157 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 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 MORAD ELHAFED TRUSTEE 1.00 X 0 0 0 DANIELLE FRISSELL TRUSTEE 1.00 X 0 0 0 INGRID HAMMOND TRUSTEE 1.00 X 0 0 0 JONATHAN KASEN TREASURER 1.00 X X 0 0 0 WILL KRAUSE TRUSTEE 1.00 X 0 0 0 LAURA NIELSEN 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 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 287326 0 39966 COURTNEY TOMASELLI CHIEF ADVANCEMENT OFFICER 40.00 X 163887 0 25343 FRANCIS CASH CHIEF FINANCIAL AND OPERATIONS OFFICER 40.00 X 184379 0 6854 WENDY FALCHUK DIRECTOR OF ADMISSIONS AND 40.00 X 108639 0 20274 JAMIE LACROIX DIRECTOR OF MARKETING & CO 40.00 X 110117 0 12557 TARA HOFHERR DIRECTORS OF EARLY CHILDHO 40.00 X 167641 0 27807 1021989 0 132801 6 0 1 0 0 1324553 87611 1324553 TUITION AND FEES 611600 12287448 12287448 OTHER ACTIVITIES 611600 1230180 1230180 13517628 357209 357209 INCOME/LOSS FROM INVESTMENT IN CO 900099 -4855 -4855 -4855 15194535 13517628 0 352354 660935 660935 559392 195787 363605 6857435 5460491 1108611 288333 237737 192750 34695 10292 1112461 862460 204103 45898 564377 432541 109756 22080 82863 82863 66574 66574 47563 47563 749076 681159 67917 283739 255365 28374 1267361 1140625 126736 646925 582232 64693 128101 109825 18276 MISCELLANEOUS 249652 5132 168827 75693 CLEANING SERVICE 239243 216327 22916 REPAIRS AND MAINTENANCE 215853 193259 22594 STUDENT ACTIVITIES 205795 205795 515298 326053 164346 24899 14690380 11520736 2702449 467195 280649 283870 7781594 9220411 85200 57500 77596 25061 108888 87107 33558198 3960899 30160167 29597299 283184 255593 38777278 39526841 1106689 904118 4088907 4555107 25000000 25000000 51743 33522 30247339 30492747 X 8387559 8940574 142380 93520 8529939 9034094 38777278 39526841 504155 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9597350 9597350 22518806 2607284 19911522 1312167 1269640 42527 129875 83975 45900 29597299 LEASE LIABILITY 33522 33522 X 14533600 0 14533600 660935 660935 15194535 14029445 0 14029445 660935 660935 14690380 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, 2025, 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 4B - OTHER ADJUSTMENTS: FINANCIAL AID 660,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 660,935. 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 660935 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 287326 0 0 0 0 0 0 0 39966 0 327292 0 0 0 TARA HOFHERR DIRECTORS OF EARLY CHILDHO 167641 0 0 0 0 0 0 0 27807 0 195448 0 0 0 FRANCIS CASH CHIEF FINANCIAL AND OPERATIONS OFFIC 184379 0 0 0 0 0 0 0 6854 0 191233 0 0 0 COURTNEY TOMASELLI CHIEF ADVANCEMENT OFFICER 163887 0 0 0 0 0 0 0 25343 0 189230 0 0 0 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 2024-02-01 25000000 REPAY 2015 BOND AND FINANCE A BUILDING PURCHASE 0 0 0 A 25000000 135435 24864565 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 11 87611 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. PAGE 1 NET ASSETS THE SCHOOL CORRECTED CERTAIN ERRORS RESULTING IN THE UNDERSTATEMENT OF PREVIOUSLY REPORTED PROPERTY AND EQUIPMENT, NET, ACCOUNTS PAYABLE AND ACCRUED EXPENSES AND INVESTMENTS. THIS RESULTED IN AN INCREASE IN TOTAL ASSETS OF $374,384, AN INCREASE IN TOTAL LIABILITIES OF $278,997, AND AN INCREASE IN TOTAL NET ASSETS OF $95,387 FOR THE YEAR ENDED JUNE 30, 2024. THE PREVIOUSLY REPORTED BALANCES AS OF JUNE 30, 2024 FOR TOTAL ASSETS WERE $38,402,894 TOTAL LIABILITIES WERE $29,968,342 AND TOTAL NET ASSETS WERE $8,434,552.