2024-05-25T05:58:57-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 132527041 METROPOLITAN MONTESSORI SCHOOL METR 2125795525 325 WEST 85TH STREET NEW YORK NY 10024 PHILIP LAMARIANA TREASURER 2125795525 2024-05-23 1 PHILIP LAMARIANA XXX-XX-XXXX 1 EVA MRUK P00543254 2122862600 2024-05-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X JIM MAFFEZZOLI 325 WEST 85TH STREET NEW YORK NY 10024 8024264 0 X WWW.MMSNY.ORG X 1967 NY PROVIDING EDUCATION AND LEARNING DEVELOPMENT TO CHILDREN. X 12 10 57 14 0 0 2285040 178932 6888746 7110609 26584 36674 4021 44834 9204391 7371049 1641755 2014987 0 0 5001588 3857974 0 0 85537 3072313 2513773 9715656 8386734 -511265 -1015685 27268812 0 16909880 0 10358932 0 X THE METROPOLITAN MONTESSORI SCHOOL IS DEDICATED TO PROVIDING AN INCLUSIVE, ENRICHING, NURTURING AND RIGOROUS ENVIRONMENT WHERE EACH CHILD IS SEEN AS CAPABLE AND ENCOURAGED TO GROW TO THEIR FULLEST POTENTIAL ACADEMICALLY, EMOTIONALLY AND SOCIALLY. THE DYNAMIC PARTNERSHIP OF CHILD, PARENT, AND TEACHER CREATES A CONSISTENT MONTESSORI FRAMEWORK OFFERING "AN EDUCATION FOR LIFE." 0 1 6898675 2014987 7110609 THE SCHOOL'S PROGRAMS INCLUDE: (A) THE STEPPING STONES PROGRAM, A BEGINNING MONTESSORI PROGRAM FOR CHILDREN WHO ARE TWO YEARS AND EIGHT MONTHS TO THREE YEARS OLD; (B) THE PRIMARY PROGRAM DESIGNED FOR CHILDREN BETWEEN THE AGES OF THREE YEARS OLD TO SIX YEARS OLD; (C) THE LOWER ELEMENTARY PROGRAM DESIGNED FOR CHILDREN BETWEEN THE AGES OF SIX AND NINE YEARS OLD AND; (D) THE UPPER ELEMENTARY PROGRAM WHICH INCLUDES GRADES FOUR TO FIVE; (E) THE MIDDLE SCHOOL PROGRAM WHICH IS THE EQUIVALENT OF GRADES SIX TO EIGHT. IN ADDITION, THE SCHOOL PROVIDES SPECIALTY CLASSES IN FOREIGN LANGUAGES, MUSIC, VISUAL ARTS, AND IN PHYSICAL EDUCATION, LIBRARY AND COMPUTER SKILLS. 6898675 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 1 18 0 57 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PHIL LAMARIANA TREASURER 2125795525 325 WEST 85TH STREET NEW YORK NY 10024 JIM MAFFEZZOLI BOARD CHAIR 2.00 X X 0 0 0 CLAUDIA HAMILTON CO-VICE CHAIR 2.00 X X 0 0 0 ZOE VLACHOS CO-VICE CHAIR 2.00 X X 0 0 0 PHIL LAMARIANA TREASURER 2.00 X X 0 0 0 IVY LAPIDES SECRETARY 2.00 X X 0 0 0 ALVIN CRAWFORD TRUSTEE 1.00 X 0 0 0 ROBERT HORLER TRUSTEE 1.00 X 0 0 0 JAMES HUNT TRUSTEE, THRU 11/12/22 1.00 X 0 0 0 PIM KRAAIJEVELD TRUSTEE 1.00 X 0 0 0 LIBBIE RICE TRUSTEE 1.00 X 0 0 0 SHIRLEY TILGHMAN TRUSTEE 1.00 X 0 0 0 THOMAS VITIELLO TRUSTEE 1.00 X 0 0 0 FRED WANG TRUSTEE 1.00 X 0 0 0 RACHEAL ADRIKO HEAD OF SCHOOL 40.00 X 549917 0 200204 ALEXANDER ASNES CHIEF FINANCIAL OFFICER, THRU 8/5/2022 40.00 X 87689 0 18004 JODY QUAM HEAD OF ELEMENTARY 40.00 X 128036 0 24412 INGRID KOH DEAN OF MATH & SCIENCE 40.00 X 122633 0 22933 KARINA CRUZ HEAD, CHILDREN'S HOUSE 40.00 X 116220 0 28282 MARIELLE LOPEZ DIRECTOR OF ADMISSION 40.00 X 111677 0 30089 LORI JOACHIM ADMIN SUPPORT & TEACHER, THRU 5/30/2023 40.00 X 107359 0 28202 1223531 0 352126 8 0 1 0 ROPES & GRAY LLP PRUDENTIAL TOWER800 BOYLSTON STREE BOSTON MA 02199 LEGAL SERVICESS 111479 IBS-BUILDING SERVICE 3606 43RD AVENUE 2ND FL LONG ISLAND CITY NY 11101 JANITORIAL SERVICES 108482 CLIFTON LARSON ALLEN LLP PO BOX 829709 PHILADELPHIA PA 19182 ACCOUNTING SERVICES 103416 3 178932 21518 178932 TUITION AND FEES 611600 7110609 7110609 7110609 25947 25947 663942 653215 10727 10727 10727 MISCELLANEOUS INCOME 900099 44834 44834 44834 7371049 7110609 0 81508 2014987 2014987 870246 343617 450270 76359 55000 55000 2340455 2141420 199035 124774 108528 16246 208052 208052 259447 206395 50923 2129 20778 20778 50850 50850 325258 70326 254932 11435 11435 47253 9322 37666 265 84134 67307 16827 65688 26821 38210 657 302 299 3 536836 483152 53684 702743 632469 70274 130319 91232 39087 REPAIR AND MAINTENANCE 249094 224185 24909 SPECIAL EVENTS 101190 101190 LUNCH PROGRAM EXPENSES 66560 66560 CLASSROOM EXPENSES 47481 47481 73852 44196 23532 6124 8386734 6898675 1402522 85537 203377 0 1289847 0 579110 0 131327 0 0 0 0 0 4250 0 0 24443472 0 617429 0 0 0 0 0 27268812 0 707464 2148041 14054375 16909880 0 X 10238019 0 120913 0 10358932 0 27268812 0 X -1015685 26252 -9369499 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 5382314 26252 26252 5356062 2014987 2014987 7371049 6371747 0 6371747 2014987 2014987 8386734 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NET WITH REVENUE ON FINANCIAL STATEMENTS 2,014,987. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NET WITH REVENUE ON FINANCIAL STATEMENTS 2,014,987. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET HOME PAGE AT ALL TIMES DURING ITS TAXABLE YEAR. A LIST IS ALSO PUBLISHED ANNUALLY IN THE NEW YORK TIMES LISTING ALL NYC SCHOOLS, INCLUDING THIS SCHOOL, THAT HAVE ESTABLISHED A NON DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED CARES-ACT COVID-19 RELIEF FUNDING FROM THE U.S. SMALL BUSINESS ADMINISTRATION. 1 FINANCIAL AID 58 2014987 PART I, LINE 2: THE SCHOOL'S FINANCIAL AID COMMITTEE REVIEWS PARENT FINANCIAL INFORMATION, INCLUDING INDIVIDUAL TAX RETURNS, TO AWARD STUDENT FINANCIAL AID ON THE BASIS OF FINANCIAL NEED. AMOUNTS AWARDED OFFSET STUDENT TUITION CHARGES ON EACH STUDENT'S INVOICE. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 RACHEAL ADRIKO HEAD OF SCHOOL 251326 0 214917 0 83674 0 0 0 200204 0 750121 0 0 0 JODY QUAM HEAD OF ELEMENTARY 127612 0 0 0 424 0 11607 0 12805 0 152448 0 0 0 PART I, LINE 1A PURSUANT TO HER EMPLOYMENT AGREEMENT THE SCHOOL PROVIDED A HOUSING ALLOWANCE TO THE HEAD OF SCHOOL IN THE AMOUNT OF $70,000. THE AMOUNT WAS TREATED AS TAXABLE COMPENSATION AND IS INCLUDED IN THE AMOUNT REPORTED IN PART II, COLUMN (III). PART I, LINE 7 AN EMPLOYEE OF THE ORGANIZATION RECEIVED A PERFORMANCE BASED BONUS IN THEIR 2022 W-2 AS REPORTED IN PART II, COLUMN (B)(II). 86894 FINANCIAL AID SEE PART V NICOLE LAMARIANA FAMILY MEMBER OF BOARD TREASURER, PHILIP LAMARIANA 55000 INDEPENDENT CONTRACTOR 0 SCH L, PART III, PURPOSE OF ASSISTANCE: NEED-BASED STUDENT FINANCIAL AID X 3 21518 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). CASH 2023-06-30 197726 BOOK VALUE 131623919 THE CALHOUN SCHOOL 433 WEST END AVENUE NEW YORK NY 10024 501(C)(3) CASH EQUIVALENTS 2023-06-30 21430 BOOK 131623919 THE CALHOUN SCHOOL 433 WEST END AVENUE NEW YORK NY 10024 501(C)(3) PLEDGES AND GRANTS RECEIVABLES 2023-06-30 285080 BOOK VALUE 131623919 THE CALHOUN SCHOOL 433 WEST END AVENUE NEW YORK NY 10024 501(C)(3) TUITION RECEIVABLES 2023-06-30 21235 BOOK VALUE 131623919 THE CALHOUN SCHOOL 433 WEST END AVENUE NEW YORK NY 10024 501(C)(3) PREPAID EXPENSES 2023-06-30 54250 BOOK VALUE 131623919 THE CALHOUN SCHOOL 433 WEST END AVENUE NEW YORK NY 10024 501(C)(3) PROPERTY AND EQUIPMENT, NET 2023-06-30 23744406 BOOK VALUE 131623919 THE CALHOUN SCHOOL 433 WEST END AVENUE NEW YORK NY 10024 501(C)(3) 1 0 0 0 1 1 1 1 1 1 PART I, LINE 2E: PERSON(S) INVOLVED: THOMAS VITIELLO, TRUSTEE, ZOE VLACHOS, CO-VICE CHAIR, AND FRED WANG, TRUSTEE, BECAME TRUSTEES OF THE TRANSFEREE ORGANIZATION. PART I, LINE 6C: ON JUNE 1, 2022, THE SCHOOL RESTRUCTURED THEIR BOND TO PROVIDE FOR 24 MONTHS OF CONCESSIONS. DURING THE YEAR ENDED JUNE 30, 2022, AN ADDITIONAL $15,000 WAS CAPITALIZED AS BOND ISSUANCE COSTS AND IS BEING AMORTIZED ON A STRAIGHT-LINE BASIS OVER THE REMAINING LIFE OF THE BOND.DURING THE YEAR ENDED JUNE 30, 2023, CALHOUN PARTIALLY RETIRED ALL BUT $5,000,000 OF THE BOND ON BEHALF OF THE SCHOOL. AS A RESULT, THE BOND NOW HAS A MATURITY DATE OF FEBRUARY 1, 2035. THE RETIREMENT AMOUNT OF $9,454,104 IS REPORTED AS DUE TO CALHOUN ON THE STATEMENT OF FINANCIAL POSITION BEFORE THE TRANSFER. FORM 990, PART III, LINE 3 THE SCHOOL CEASED CONDUCTING ITS PROGRAM SERVICE AND MERGED WITH THE CALHOUN SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FINANCE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE FORM 990. ALL TRUSTEES ARE ELECTRONICALLY SENT THE PUBLIC DISCLOSURE COPY OF THE FORM 990 FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A CONFLICT OF INTEREST POLICY WHICH COVERS THE BOARD OF TRUSTEES, OFFICERS, FACULTY AND STAFF MEMBERS OF THE SCHOOL. EACH TRUSTEE AND OFFICER IS REQUIRED TO READ, SIGN AND DATE THE CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS, DISCLOSING ANY POTENTIAL CONFLICTS. THE AUDIT COMMITTEE OF THE BOARD REVIEWS AND MONITORS THE DISCLOSURES TO DETERMINE WHETHER ANY CONFLICTS EXIST. IF AN ACTUAL CONFLICT IS IDENTIFIED, THE AUDIT COMMITTEE AND BOARD CHAIR MEET WITH THE INDIVIDUAL TO DETERMINE IF THE CONFLICT CAN BE ELIMINATED, AND SUBSEQUENTLY MAKE A DECISION ON THE TRANSACTION OR ARRANGMENT AND WHETHER THE INTERESTED PERSON MUST RESIGN FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR SETTING THE COMPENSATION OF THE HEAD OF SCHOOL. THE COMMITTEE RELIES ON THE ANNUAL PERFORMANCE EVALUATION PREPARED BY THE HEAD OF SCHOOL EVALUATION COMMITTEE AS WELL AS COMPARATIVE COMPENSATION DATA PROVIDED BY NAIS, NYSAIS, AND SIMILAR SOURCES. THE PROCESS WAS LAST UNDERTAKEN IN FISCAL YEAR 2022. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER BASED ON A REVIEW OF PERFORMANCE AND COMPARATIVE COMPENSATION DATA PROVIDED BY NAIS, NYSAIS AND SIMILAR PROCESSES. THE PROCESS WAS LAST UNDERTAKEN IN FISCAL YEAR 2022. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS AVAILABLE AT GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. THE SCHOOL'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, BYLAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: TRANSFER TO THE CALHOUN SCHOOL -9,369,499. FORM 990, PART XII, LINE 2C: THE BOARD'S FINANCE AND AUDIT COMMITTEES ASSUME THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, LINE B, AMENDED RETURN: 1. ATTACHING A CERTIFIED COPY OF ARTICLES OF MERGER APPROVED BY THE STATE AUTHORITY "BOARD OF REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK EDUCATION DEPARTMENT". 2. FORM 990, SCHEDULE N, PART I, LINE 2B IS ANSWERED AS "NO".