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      <Desc>In 2020-21, we created roles and hired the following talent for the 2021-22 school year to increase innovation in the curriculum: STEM teacher, literacy teacher, librarian, tech education specialist, and sustainability manager andecology teacher. We also sent several teachers to multiple training courses to support innovation, some of which include: You Can Teach It All in the Elementary Montessori Program, Instructors Academy, IB MYP training, AMS workshops &amp; conference, Literacy training, Montessori Leadership training, and PCTE Montessori credential courses.</Desc>
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        <Desc>Our philosophy, policies, and procedures have always been founded on our Montessori tenets, but in the 201819 school year, we engaged our faculty, staff, and parents in a Diversity &amp; Inclusion task force to study our policies and practices and identify areas needing further reflection and improvement. The concluding report, findings, and school challenges were formally accepted by the HOS and Board of Trustees in 2019. From that challenge, a Measuring Diversity, Equity, Inclusion &amp; Belonging (DEIB) plan was developed and the following wasaccomplished through the 2020-21 school year: (See Schedule O)</Desc>
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        <ExclusionAmt>8549</ExclusionAmt>
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      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>6254841</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>5323810</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>8549</ExclusionAmt>
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      <GrantsToDomesticIndividualsGrp>
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        <ProgramServicesAmt>1323784</ProgramServicesAmt>
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      <CompCurrentOfcrDirectorsGrp>
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      <OtherSalariesAndWagesGrp>
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        <ManagementAndGeneralAmt>20700</ManagementAndGeneralAmt>
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        <TotalAmt>193276</TotalAmt>
        <ProgramServicesAmt>188048</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5228</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>49536</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1216</ManagementAndGeneralAmt>
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        <TotalAmt>20412</TotalAmt>
        <ManagementAndGeneralAmt>20412</ManagementAndGeneralAmt>
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      <OccupancyGrp>
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        <ProgramServicesAmt>164686</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7382</ManagementAndGeneralAmt>
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      <TravelGrp>
        <TotalAmt>16458</TotalAmt>
        <ProgramServicesAmt>16458</ProgramServicesAmt>
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      <ConferencesMeetingsGrp>
        <TotalAmt>3825</TotalAmt>
        <ProgramServicesAmt>3825</ProgramServicesAmt>
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        <TotalAmt>200196</TotalAmt>
        <ManagementAndGeneralAmt>200196</ManagementAndGeneralAmt>
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      <DepreciationDepletionGrp>
        <TotalAmt>531851</TotalAmt>
        <ProgramServicesAmt>265926</ProgramServicesAmt>
        <ManagementAndGeneralAmt>265925</ManagementAndGeneralAmt>
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      <InsuranceGrp>
        <TotalAmt>37272</TotalAmt>
        <ProgramServicesAmt>31313</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5668</ManagementAndGeneralAmt>
        <FundraisingAmt>291</FundraisingAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>Direct educational expenses</Desc>
        <TotalAmt>116205</TotalAmt>
        <ProgramServicesAmt>116205</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>Supplies</Desc>
        <TotalAmt>44935</TotalAmt>
        <ProgramServicesAmt>44935</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>Telephone</Desc>
        <TotalAmt>30304</TotalAmt>
        <ProgramServicesAmt>29004</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1300</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>Maintenance and repairs</Desc>
        <TotalAmt>211172</TotalAmt>
        <ProgramServicesAmt>202114</ProgramServicesAmt>
        <ManagementAndGeneralAmt>9058</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>36152</TotalAmt>
        <ManagementAndGeneralAmt>36152</ManagementAndGeneralAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>6036297</TotalAmt>
        <ProgramServicesAmt>4978870</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1033589</ManagementAndGeneralAmt>
        <FundraisingAmt>23838</FundraisingAmt>
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      <CashNonInterestBearingGrp>
        <BOYAmt>276264</BOYAmt>
        <EOYAmt>151954</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>1739903</BOYAmt>
        <EOYAmt>1936699</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <AccountsReceivableGrp>
        <BOYAmt>89879</BOYAmt>
        <EOYAmt>19916</EOYAmt>
      </AccountsReceivableGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>456544</BOYAmt>
        <EOYAmt>404516</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>15151774</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>9662912</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>5904468</BOYAmt>
        <EOYAmt>5488862</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>85298</BOYAmt>
        <EOYAmt>33574</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>8095</BOYAmt>
        <EOYAmt>8095</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>8560451</BOYAmt>
        <EOYAmt>8043616</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>151277</BOYAmt>
        <EOYAmt>410155</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <DeferredRevenueGrp>
        <BOYAmt>2226896</BOYAmt>
        <EOYAmt>2079013</EOYAmt>
      </DeferredRevenueGrp>
      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>6687400</BOYAmt>
        <EOYAmt>6578046</EOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>742982</BOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>9808555</BOYAmt>
        <EOYAmt>9067214</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>-1280604</BOYAmt>
        <EOYAmt>-1076598</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>32500</BOYAmt>
        <EOYAmt>53000</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>-1248104</BOYAmt>
        <EOYAmt>-1023598</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>8560451</BOYAmt>
        <EOYAmt>8043616</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>218544</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>5960</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>2</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="990A">
      <SchoolInd>X</SchoolInd>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D">
      <ProtectionNaturalHabitatInd>X</ProtectionNaturalHabitatInd>
      <TotalEasementsCnt>1</TotalEasementsCnt>
      <TotalAcreageCnt>6.00</TotalAcreageCnt>
      <HistoricStructureEasementsCnt>1</HistoricStructureEasementsCnt>
      <HistoricStrctrEasementsAftrCnt>1</HistoricStrctrEasementsAftrCnt>
      <StatesEasementsHeldCnt>1</StatesEasementsHeldCnt>
      <WrittenPolicyMonitoringInd>false</WrittenPolicyMonitoringInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>445781</OtherCostOrOtherBasisAmt>
        <BookValueAmt>445781</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>13654306</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>8798599</DepreciationAmt>
        <BookValueAmt>4855707</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>1051687</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>864313</DepreciationAmt>
        <BookValueAmt>187374</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>5488862</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>Security deposits</Desc>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>Cash restricted for escrow deposit</Desc>
        <BookValueAmt>8095</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>8095</TotalBookValueOtherAssetsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>Forgivable loan payable</Desc>
      </OtherLiabilitiesOrgGrp>
      <TotalRevEtcAuditedFinclStmtAmt>4937017</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>5960</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>5960</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>4931057</RevenueSubtotalAmt>
      <OtherRevenuesNotIncludedAmt>1323784</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>1323784</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>6254841</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>4712513</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>4712513</ExpensesSubtotalAmt>
      <OtherExpensesNotIncludedAmt>1323784</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>1323784</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>6036297</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="990E">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Description of nondiscriminatory policy (Question 3)</FormAndLineReferenceDesc>
        <ExplanationTxt>It is the policy of Organization not to discriminate on the basis of race, color, religion, sex, national origin, age or disability in its educational programs and its related policies and procedures.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="990G" />
    <IRS990ScheduleI documentId="990I">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>Scholarship for students attending PMS Programs</GrantTypeTxt>
        <RecipientCnt>4</RecipientCnt>
        <CashGrantAmt>30010</CashGrantAmt>
        <ValuationMethodUsedDesc>FMV-comparable fees</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>Tuition scholarships</NonCashAssistanceDesc>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>Tuition assistance for students attending PMS Programs</GrantTypeTxt>
        <RecipientCnt>57</RecipientCnt>
        <CashGrantAmt>1293774</CashGrantAmt>
        <ValuationMethodUsedDesc>FMV-comparable fees</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>Tuition assistance</NonCashAssistanceDesc>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Monitoring procedures (Part I, line 2)</FormAndLineReferenceDesc>
        <ExplanationTxt>All families are welcome annually to apply for tuition assistance which is processed through TADS, which is an online tuition and financial aid assessment service. TADS compiles each applicants financial data and, based on their benchmarks, provides recommended tuition amounts for eligible families. The Organization has a committee that oversees and reviews tuition assistance and is comprised of the Head of School, Admissions Director, Development Director and School Registrar. Based on their analysis the committee adjusts TADs tuition assistance recommendations accordingly. After the committees review the school registrar proceeds and informs the families through their written tuition contracts.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>The 990 form and the related schedules are provided to and reviewed by select members of the board as well as management prior to submittal to the respective tax agencies.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>All board members as well as key employees and management are required to immediately disclose any relationship that may potentially give rise to a conflict of interest.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>Compensation for Head of School is discussed and set by the board of directors and is reviewed per annum. Remainder of senior administration is approved through the budget process which is evaluated and reviewed annually.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>All compensation for key personnel is approved through the budget process by the board of directors which is evaluated and reviewed annually.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization makes available its governing documents, conflict of interest policy and other policies and procedures upon request. The financial statements are also made available upon request. The 990 filing and the related schedules are made available upon request and can also be found on Guidestar.com, which is an independent entity that makes available via their website certain nonprofit information including but not limited to the Form 990.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Explanation of other changes in net assets or fund balances Part XI line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>Rounding difference.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>General explanation attachment</FormAndLineReferenceDesc>
        <ExplanationTxt>Organizations Mission (Page 1, Part I, Line 1 &amp; Page 2, Part III, Line 1): We strive to promote intrinsic motivation, self-reliance, social responsibility, and a love of learning so that as global citizens, our students can lead fulfilling lives and work to better the world.The Society is comprised of Princeton Montessori School ( PMONTS) and Princeton Center for Teacher Education (PCTE). The Society provides Montessori education for children from infancy through middle school, summer enrichment for infants-lower elementary-aged students, trains prospective Montessori teachers, and educates parents. Princeton Montessori School is committed to providing aninclusive and diverse community and learning experiences that challenge us to appreciate differencesand act in a way that is inclusive and respectful to all.Founded in 1968, Princeton Montessori School is an independent, co-educational day school, dedicated to the highest quality education of children and developing passion and nurturing the potential in each child, through the values and principles of the Montessori philosophy. Statement of Program Service Accomplishments (Page 2, Part III Line 4): - Held a Two-Part Faculty &amp; Staff Leadership Workshop on Unconscious Bias training with esteemed DEIB strategist, Dr. Derrick Gay- Hired a part-time, experienced librarian to work with faculty to update our libraries- Allocated additional funding for new books &amp; the formation of an annual book fair for this purpose- Provided funding for faculty and school leadership to attend workshops on DEIB- Gathered diversity data from our student population to inform enrollment goals- Increased priority in our hiring, enrollment, and tuition assistance policy to meet PMonts &amp; PCTE diversity goals- Engaged an expert for faculty to create materials and dialogue around these topics. - Consulted the parent community in understanding how we can best ensure a sense of belonging in our community.- Added the following to our mission statement: Princeton Montessori School is committed to providing an inclusive and diverse community and learning experiences that challenge us to appreciate differences and act in a way that is inclusive and respectful to all.- Facilitated a parents of color conversation through Beyond Diversity to allow faculty and school leadership to listen deeply to the experiences of our families of color.- Maximized the use of webinars and town hall conversations offered through our affiliated organizations, such as AMS, NJAIS, NAIS, and Teaching Tolerance Sought out explicit anti-racist curriculum appropriate for each developmental level we serve</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>