2022-01-24T19:08:18-06:00 2021-06-30 042943536 TONNESON & COMPANY PC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2020-07-01 042104370 THE KINGSLEY MONTESSORI SCHOOL INC KING 6172264900 30 FAIRFIELD STREET BOSTON MA 02116 JAMES BONSEY ASSOCIATE HEAD OF SCHOOL/CFO & COO 6175365984 2022-01-11 1 JAMES BONSEY 999009999 CYNTHIA P ALMQUIST P01309212 7812459999 2022-01-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JAMES BONSEY 30 FAIRFIELD STREET BOSTON MA 02116 12380916 0 X WWW.KINGSLEY.ORG X 1945 MA TO PROVIDE EDUCATION TO STUDENTS IN GRADES TODDLER TO SIXTH 20 19 140 80 0 0 826733 1067767 11440605 11303338 12090 2611 -116171 -8286 12163257 12365430 513198 655001 0 0 7145817 7394707 0 0 317867 4067243 4359366 11726258 12409074 436999 -43644 14583207 12852129 10575778 8888344 4007429 3963785 TO ENGAGE THE MIND, HANDS, AND HEART OF EACH CHILD TO NURTURE RESILIENT EXPLORERS, CONFIDENT LEARNERS, AND EMPATHETIC CITIZENS. 0 0 9599611 655001 11303338 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. 9599611 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 0 0 0 0 0 0 1 44 0 1 140 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X JAMES BONSEY 6172264900 30 FAIRFIELD STREET BOSTON MA 02116 TARA JORDAN CHAIR OF THE BOARD 1.00 X X 0 0 0 VIVA HYATT CLERK 1.00 X X 0 0 0 HEATHER CARRILLO TREASURER 1.00 X X 0 0 0 ROB ALBRO TRUSTEE 1.00 X 0 0 0 MONIQUE AUSTIN TRUSTEE 1.00 X 0 0 0 CINDY BROWN TRUSTEE 1.00 X 0 0 0 LUKE BURNS TRUSTEE 1.00 X 0 0 0 ELLIE CHU TRUSTEE 1.00 X 0 0 0 MORAD ELHAFED TRUSTEE 1.00 X 0 0 0 MATTHEW FRIEDMAN 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 ASHLEY JACOBS TRUSTEE 1.00 X 0 0 0 MARIA PANTAZIS TRUSTEE 1.00 X 0 0 0 ALEXIS ROGERS TRUSTEE 1.00 X 0 0 0 TEDD SAUNDERS TRUSTEE 1.00 X 0 0 0 NIK SHAH TRUSTEE 1.00 X 0 0 0 ROB SMALL TRUSTEE 1.00 X 0 0 0 JASON WEINER TRUSTEE 1.00 X 0 0 0 STEPHEN FARLEY HEAD OF SCHOOL 40.00 X X 261038 0 34178 JAMES BONSEY ASSOC. HEAD OF SCHOOL/CFO/COO 40.00 X 188447 0 19366 JORGE VALCARCEL CHIEF ACADEMIC OFFICER 40.00 X 145928 0 15899 COURTNEY TOMASELLI DIRECTOR OF ADVANCEMENT 40.00 X 140590 0 15969 TARA HOFHERR DIRECTOR OF UPPER ELEMENTARY 40.00 X 113456 0 10286 JAMIE LACROIX DIRECTOR OF MARKETING & COMMUNICATIONS 40.00 X 113218 0 9334 KATE KAUSCH DIRECTOR OF EARLY CHILDHOOD 40.00 X 108367 0 15529 1071044 0 120561 7 0 1 0 0 187685 880082 12537 1067767 TUITION AND FEES 611600 9895952 9895952 OTHER ACTIVITIES 611600 1407386 1407386 11303338 2611 2611 7200 187685 15486 -8286 -8286 12365430 11303338 0 -5675 655001 655001 504540 176589 327951 5598770 4490674 869117 238979 32681 25242 6164 1275 749230 599871 118049 31310 509486 393511 96103 19872 120659 120659 46154 46154 13500 13500 701632 510911 190721 1549403 1394462 154941 134186 120767 13419 490443 441399 49044 82543 71519 11024 REPAIRS AND MAINTENANCE 288277 258398 29879 CLEANING SERVICE 278315 251535 26780 MISCELLANEOUS 241602 5261 209910 26431 UTILITIES 111429 100286 11143 301223 104185 197038 12409074 9599611 2491596 317867 32795 8460 9074745 7744022 353433 146767 36419 43141 208916 42880 10573716 5897151 4711360 4676565 165539 190294 14583207 12852129 864507 706413 3740924 3743673 5723218 4207597 247129 230661 10575778 8888344 X 2436873 3089662 1570556 874123 4007429 3963785 14583207 12852129 -43644 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37000 37000 2248615 1426195 822420 6923926 3235478 3688448 1260879 1235478 25401 103296 103296 4676565 ACCRUED RENT 230661 230661 X 11725915 15486 15486 11710429 655001 655001 12365430 11769559 15486 15486 11754073 655001 655001 12409074 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, 2021, 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 15,486. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 655,001. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 15,486. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 655,001. 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. BIG BITES FOR BIG MINDS 194885 187685 7200 15486 194885 187685 7200 15486 15486 -8286 1 FINANCIAL AID/SCHOLARSHIP 36 655001 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 261038 0 0 0 0 0 0 0 34178 0 295216 0 0 0 JAMES BONSEY ASSOC. HEAD OF SCHOOL/CFO/COO 188447 0 0 0 0 0 0 0 19366 0 207813 0 0 0 JORGE VALCARCEL CHIEF ACADEMIC OFFICER 145928 0 0 0 0 0 0 0 15899 0 161827 0 0 0 COURTNEY TOMASELLI DIRECTOR OF ADVANCEMENT 140590 0 0 0 0 0 0 0 15969 0 156559 0 0 0 PART I, LINE 4B 4B: STEVE FARLEY 457B = $18,500 4B: JAMES BONSEY 457B = $18,500 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 1092403 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 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.