2025-03-14T17:03:19-05:00 2024-06-30 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2023-07-01 030443321 Montessori Initiatives for Education % OMNIVEST LLC MONT 2156355522 2227 Island Ave Philadelphia PA 19142 DAVID CLARK CHAIRMAN 2156355522 2025-05-15 true true ERIC M STRAUSS P00991844 2155462140 2023 2025-03-06 01:10:19Z DAVID CLARK 2227 Island Ave Philadelphia PA 19142 218982 false X N/A X 2001 PA TO SUPPORT A PUBLIC MONTESSORI CHARTER SCHOOL IN THE CITY OF PHILADELPHIA. 2 2 0 2 0 0 0 171697 218982 0 0 0 0 171697 218982 0 0 0 0 0 0 0 0 0 357602 342593 357602 342593 -185905 -123611 5836823 5680206 6027924 5994918 -191101 -314712 TO SUPPORT A PUBLIC MONTESSORI CHARTER SCHOOL IN THE CITY OF PHILADELPHIA UTILIZING THE EDUCATIONAL PRINCIPLES OF MARIA MONTESSORI IN ORDER TO PROVIDE AN EDUCATIONAL ALTERNATIVE. false false 342593 218982 TO SUPPORT AND OPERATE A PUBLIC MONTESSORI CHARTER SCHOOL IN THE CITY OF PHILADELPHIA - PHILADELPHIA MONTESSORI CHARTER SCHOOL (PMCS) EXCELS AT PROVIDING CHILDREN IN KINDERGARTEN THROUGH 4TH GRADE WITH A MONTESSORI EDUCATION IN AN ENVIRONMENT THAT NURTURES THE WHOLE CHILD, CELEBRATES INCLUSION, EMBRACES INNOVATION, AND ENCOURAGES COLLABORATION WITH FAMILIES. PMCS IGNITES THE INTERNAL SPARK THAT LEADS TO SOCIAL, EMOTIONAL AND ACADEMIC SUCCESS. 342593 true false false false false false false false false false true false false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 2 2 false false false false false false false true false false false true false false false false false false X OMNIVEST LLC 2154978301 115 PHEASANT RUN SUITE 210 NEWTOWN PA 18940 X DAVID CLARK CHAIRMAN 0.1 0.0 X X 0 0 0 DANIEL SPIELER MEMBER 0.1 0.0 X 0 0 0 0 0 0 0 false false false 0 0 RENTAL INCOME 611110 218982 218982 218982 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 218982 218982 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 310 310 0 0 0 185976 185976 0 156307 156307 0 342593 342593 0 0 9912 9602 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6254009 583405 5826911 5670604 0 0 0 0 0 0 0 0 0 0 5836823 5680206 0 0 0 0 0 0 0 0 0 0 0 0 5305000 5271994 0 0 722924 722924 6027924 5994918 X -191101 -314712 0 0 -191101 -314712 5836823 5680206 -123611 X false true X true false X X 1 PHILADELPHIA MONTESSORI CHARTER 680570752 2 false 0 342593 1 0 342593 false false false false false false false false false false false true false false false false true false true true true PART IV, SECTION A, LINE 1: THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF FUNDRAISING, AQUIRING, HOLDING, LEASING BUILDINGS AND FACILITIES SOLELY FOR THE BENEFIT OF THE PHILADELPHIA MONTESSORI CHARTER SCHOOL. THIS IS A HISTORIC AND CONTINUING RELATIONSHIP AND IS LEGALLY BINDING TO BOTH ORGANIZATIONS THROUGH THE LEASE OF THIS BUILDING. PART IV, SECTION D, LINE 2: WHILE THE SUPPORTED ORGANIZATION DOES NOT APPOINT THE MEMBERS OF THE GOVERNING BODY OF THE SUPPORTING ORGANIZATION, THE MAJORITY OF RESOURCES, AND INCOME THEREON, WHICH THE SUPPORTING ORGANIZATION HOLDS ARE RESTRICTED TO THE ACTIVITIES OF THE SUPPORTED ORGANIZATION. BECAUSE THESE RESTRICTED RESOURCES HELD BY THE SUPPORTING ORGANIZATION ARE USED ALMOST PREDOMINANTLY BY OR FOR THE BENEFIT OF THE SUPPORTED ORGANIZATION, THE SUPPORTING ORGANIZATION IS CONSIDERED A COMPONENT UNIT OF THE SCHOOL. PARTIV, SECTION E, LINE 2A: THE PURPOSE OF THE MONTESSORI INITIATIVES FOR EDUCATION IS TO SUPPORT THE PHILADELPHIA MONTESSORI CHARTER SCHOOL ("PMCS") THROUGH FINANCIAL ASSISTANCE AND PROGRAMS FOR THE BENEFIT OF THE STUDENTS OF PMCS. ADDITIONALLY, MONTESSORI INITIATIVES FOR EDUCATION PROVIDES THE BUILDING SPACE THAT PMCS USES TO CONDUCT THEIR ACTIVITIES. THE ORGANIZATION HAD NO OTHER ACTIVITIES. PART IV, SECTION E, LINE 2B: IF MONTESSORI INITIATIVES FOR EDUCATION DID NOT PROVIDE THE BUILDING THAT PMCS CONDUCTS ITS ACTIVITIES IN, PMCS WOULD HAVE TO FIND NEW SPACE WHICH MAY NOT BE IN THEIR TARGET AREA OR MAY NOT BE CONDUCIVE TO PROVIDING THE MONTESSORI EDUCATION THAT IS ESSENTIAL TO THEIR MISSION. PART IV, SECTION D, LINE 3: THE SUPPORTING ORGANIZATION'S BOARD AND THEIR EXECUTIVE DIRECTOR MANAGE THE INVESTMENT POLICIES AND DIRECTS THE SUPPORTED ORGANIZATION'S USE OF INCOME OR ASSETS DURING THE TAX YEAR. 195000 195000 6059009 583405 5475604 5670604 0 DUE TO RELATED PARTY 722924 722924 X 218982 218982 218982 342593 342593 342593 PART X, LINE 2: The School is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Service Code. Accordingly, no provision or liability for income taxes has been recorded in the financial statements. The School adopted the accounting pronouncement related to uncertain tax positions effective July 1, 2011. Upon adoption of this accounting pronouncement, the School had no unrecognized tax benefits. Furthermore, the School had no unrecognized tax benefits at June 30, 2024. In addition, the School has no income tax related penalties or interest for the period reported in these financial statements. FORM 990, PART VI, SECTION A, LINE 8B: THE BOARD DOES NOT HAVE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE BUSINESS SERVICE PROVIDER. THE SUPPORTED ORGANIZATION PHILADELPHIA MONTESSORI CHARTER SCHOOL'S BOARD AND MIE BOARD REVIEW AND APPROVE THE 990 PRIOR TO BEING FILED. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PHILADELPHIA MONTESSORI CHARTER SCHOOL 2227 ISLAND AVENUE PHILADELPHIA PA 19142 680570752 EDUCATION PA 501(C)(3) 2 false false false false true false false false false false true false false false false false false false false false PHILADELPHIA MONTESSORI CHARTER SCHOOL D 722924 CASH