2018-05-15T08:56:38-05:00 2017-06-30 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2016-07-01 030443321 MONTESSORI INITIATIVES FOR EDUCATION C/O OMNIVEST MONT 2156355522 115 PHEASANT RUN NO 210 NEWTOWN PA 18940 SUSAN MANIX PRESIDENT 2156355522 2018-05-15 1 STEVEN M GLUECK P00856557 2155677770 2016 2022-09-23 18:48:47Z SUSAN MANIX 115 PHEASANT RUN NO 210 NEWTOWN PA 18940 90298 0 X N/A X 2001 PA TO SUPPORT A PUBLIC MONTESSORI CHARTER SCHOOL IN THE CITY OF PHILADELPHIA. 3 3 17 3 0 0 20000 19000 83677 71298 0 0 0 0 103677 90298 21349 16583 0 0 6851 31484 0 0 0 57670 81842 85870 129909 17807 -39611 574899 754773 552288 771773 22611 -17000 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. 0 0 129909 16583 71298 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 6TH 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. 129909 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 17 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 X OMNIVEST LLC 2154978301 115 PHEASANT RUN NEWTOWN PA 18940 X SUSAN MANIX CHAIRPERSON 0.10 X X 0 0 0 DEAN MICHELSON MEMBER 0.10 X 0 0 0 BOURNE RUTHRAUFF MEMBER 0.10 X 0 0 0 0 0 0 0 0 0 0 0 19000 19000 RENTAL INCOME 611110 68142 68142 SUMMER CAMP 611110 3156 3156 71298 90298 71298 0 0 16583 16583 28281 28281 1040 1040 2163 2163 500 500 45813 45813 17421 17421 1143 1143 BANK FEES AND MISCELLAN 6796 6796 SUMMER CAMP EXPENSES 5611 5611 EQUIPMENT RENTAL 4558 4558 129909 129909 0 0 30974 12882 866858 131910 537087 734948 6838 6943 574899 754773 11665 237 531124 734000 9499 37536 552288 771773 X 22611 -17000 22611 -17000 574899 754773 -39611 0 X 0 1 X 1 0 X X 1 PHILADELPHIA MONTESSORI CHARTER SCHOOL 680570752 2 0 16583 0 1 16583 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 X 1 1 SECTION A, LINE 1 THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF FUNDRAISING, ACQUIRING, 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. 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. SECTION D, LINE 3 THE EXECUTIVE DIRECTOR OF THE SUPPORTING ORGANIZATION MANAGES THE INVESTMENT POLICIES AND DIRECTS THE SUPPORTED ORGANIZATION'S USE OF INCOME OR ASSETS DURING THE TAX YEAR. SECTION E, LINE 2A THE PURPOSE OF 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, MOTESSORI INITIATIVES FOR EDUCATION PROVIDES THE BUILDING SPACE THAT PMCS USES TO CONDUCT THEIR ACTIVITIES. THE ORGANIZATION HAD NO OTHER ACTIVITIES. 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 195000 195000 671858 131910 539948 734948 DUE TO PHILADELPHIA MONTESSORI CHARTER SCHOOL 37536 37536 X PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. 1 PHILADELPHIA MONTESSORI CHARTER SCHOOL 2227 ISLAND AVE PHILADELPHIA PA 19142 680570752 501(C)(3) 16583 GENERAL EDUCATION PURPOSES 1 0 PART I, LINE 2: THE EXECUTIVE DIRECTOR OF THE SUPPORTING ORGANIZATION MANAGES THE USE OF GRANT FUNDS TO THE SUPPORTED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8A DUE TO TURNOVER IN THE BOARD OF DIRECTORS, THERE WERE NO BOARD MINUTES MAINTAINED IN FY2017 BUT CURRENTLY ARE BEING KEPT BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B DUE TO TURNOVER IN THE BOARD OF DIRECTORS, THERE WERE NO BOARD MINUTES MAINTAINED IN FY2017 BUT CURRENTLY ARE BEING KEPT BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO BEING FILED FOR THEIR REVIEW AND APPROVAL. 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. PHILADELPHIA MONTESSORI CHARTER SCHOOL 2227 ISLAND AVENUE PHILADELPHIA PA 19142 680570752 PROVIDE EARLY CHILDHOOD AND ELEMENTARY SCHOOL CHILDREN EDUCATION PA 501(C)(3) LINE 2 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0