2024-01-29T15:18:48-06:00 2023-06-30 042943536 TONNESON & COMPANY PC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2022-07-01 042104370 THE KINGSLEY MONTESSORI SCHOOL INC KING 6172264900 30 FAIRFIELD STREET BOSTON MA 02116 JAMES BONSEY CHIEF FINANCIAL & OPERATING OFFICER 6172264904 2024-01-29 1 JAMES BONSEY 999009999 0 JODY K BOOTH P00963825 7812459999 2024-01-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANCIS CASH 30 FAIRFIELD STREET BOSTON MA 02116 13349672 0 X WWW.KINGSLEY.ORG X 1945 MA TO PROVIDE EDUCATION TO STUDENTS IN GRADES TODDLER TO SIXTH 19 19 153 91 0 0 1349885 1270577 10830750 12029625 515 14845 -21544 -5640 12159606 13309407 440789 583605 0 0 7949775 8443858 0 0 548738 4197726 4456532 12588290 13483995 -428684 -174588 12575213 21178160 9040112 17817647 3535101 3360513 TO ENGAGE THE MIND, HANDS, AND HEART OF EACH CHILD TO NURTURE RESILIENT EXPLORERS, CONFIDENT LEARNERS, AND EMPATHETIC CITIZENS. 0 0 10353858 583605 12029625 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. 10353858 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 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 58 0 1 153 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 19 19 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 TARA JORDAN CHAIR OF THE BOARD 1.00 X X 0 0 0 VIVA HYATT TRUSTEE 1.00 X X 0 0 0 HEATHER CARRILLO TREASURER 1.00 X X 0 0 0 NIK SHAH VICE CHAIR OF THE BOARD 1.00 X X 0 0 0 ROB ALBRO TRUSTEE 1.00 X 0 0 0 VIVIAN ARIAS TRUSTEE 1.00 X 0 0 0 MORAD ELHAFED TRUSTEE 1.00 X 0 0 0 MATTHEW FRIEDMAND 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 TRUSTEE 1.00 X 0 0 0 WILL KRAUSE TRUSTEE 1.00 X 0 0 0 MARIA PANTAZIS TRUSTEE 1.00 X 0 0 0 DANE RASMUSSEN TRUSTEE 1.00 X 0 0 0 ALEXIS ROGERS CLERK 1.00 X 0 0 0 TEDD SAUNDERS TRUSTEE 1.00 X 0 0 0 ROB SMALL TRUSTEE 1.00 X 0 0 0 LARA SINICROPI-YAO TRUSTEE 1.00 X 0 0 0 KRISTEN WALLACE TRUSTEE 1.00 X 0 0 0 STEPHEN FARLEY HEAD OF SCHOOL 40.00 X 293382 0 40063 JAMES BONSEY ASSOC. HEAD OF SCHOOL/CFO/COO 40.00 X 204509 0 20441 DAVID LIEBMANN CHIEF ACADEMIC OFFICER 40.00 X 144997 0 25860 COURTNEY TOMASELLI CHIEF ADVACEMENT OFFICER 40.00 X 144999 0 26239 WENDY FALCHUK DIRECTOR OF ADMISSIONS AND ENROLLMENT 40.00 X 113920 0 941 PETER ZETLAN DIRECTOR OF EARLY CHILDHOO 40.00 X 115293 0 11850 TARA HOFHERR DIRECTOR OF UPPER ELEMENTA 40.00 X 119978 0 7941 JAMIE LACROIX DIRECTOR OF MARKETING & CO 40.00 X 113971 0 6307 1251049 0 139642 8 0 1 0 COMMUNITY COUNSELING SERVICE CO LLC 527 MADISON AVE - FIFTH FLOOR NEW YORK NY 10022 FUNDRAISING CONSULTANT 140354 1 228961 1041616 37004 1270577 TUITION AND FEES 611600 11160405 11160405 OTHER ACTIVITIES 611600 869220 869220 12029625 14845 14845 34625 228961 40265 -5640 -5640 13309407 12029625 0 9205 583605 583605 579285 202750 376535 6187405 4875608 1018968 292829 196389 164162 21949 10278 965927 738947 184393 42587 514852 388918 103454 22480 106756 106756 51152 51152 155354 15000 140354 584815 484396 100419 1499136 1349718 149418 120207 108186 12021 463828 417445 46383 97159 82791 14368 REPAIRS AND MAINTENANCE 248255 223429 24826 STUDENT ACTIVITIES 222535 222535 CLEANING SERVICE 211971 190774 21197 MISCELLANEOUS 173234 3500 129524 40210 522130 317094 205036 13483995 10353858 2581399 548738 24713 1031917 7719067 6998146 43951 12500 20048 6969 128623 179089 10781607 6778019 4467416 4003588 171395 8945951 12575213 21178160 689438 728557 4087721 4244132 3978921 3743052 284032 9101906 9040112 17817647 X 2978327 3028858 556774 331655 3535101 3360513 12575213 21178160 -174588 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37000 37000 2473834 1678555 795279 6923926 3838348 3085578 1262872 1233205 29667 83975 27911 56064 4003588 SECURITY DEPOSIT 100000 CLOSING COSTS, NET OF AMORTIZATION 51823 RIGHT OF USE ASSETS, NET 8794128 8945951 LEASE LIABILITY 9101906 9101906 X 12766067 40265 40265 12725802 583605 583605 13309407 12940655 40265 40265 12900390 583605 583605 13483995 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, 2023, 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 40,265. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 583,605. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 40,265. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 583,605. 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. SILENT AUCTION 263586 228961 34625 40265 263586 228961 34625 40265 40265 -5640 1 FINANCIAL AID/SCHOLARSHIP 32 583605 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 STEPHEN FARLEY HEAD OF SCHOOL 293382 0 0 0 0 0 0 0 40063 0 333445 0 0 0 JAMES BONSEY ASSOC. HEAD OF SCHOOL/CFO/COO 204509 0 0 0 0 0 0 0 20441 0 224950 0 0 0 COURTNEY TOMASELLI CHIEF ADVACEMENT OFFICER 144999 0 0 0 0 0 0 0 26239 0 171238 0 0 0 DAVID LIEBMANN CHIEF ACADEMIC OFFICER 144997 0 0 0 0 0 0 0 25860 0 170857 0 0 0 PART I, LINE 4B 4B: STEVE FARLEY 457B = $19,500 4B: JAMES BONSEY 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 A 1556948 5300000 75738 2717338 2506924 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 6 37004 MARKET VALUE X AUCTION ITEMS 97 47008 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.