2015-03-31T17:21:01-05:00 2014-08-31 WITHUM SMITH BROWN PC 5 VAUGHN DR PRINCETON NJ 085406313 990 2013-09-01 221853399 PRINCETON MONTESSORI SOCIETY % BETHANNE BYRNE PRIN 6099244594 487 CHERRY VALLEY ROAD Suite PRINCETON NJ 08540 CORRINGTON HWONG TREASURER 6099244594 2015-03-27 true RICHARD C COYNE P00634888 6099244594 2015-03-30 2013 2016-03-07 17:11:31Z LEE GARDNER 487 CHERRY VALLEY ROAD PRINCETON NJ 08540 6664508 false X WWW.PRINCETONMONTESSORI.ORG X 1968 NJ PRINCETON MONTESSORI EDUCATION, TRAIN MONTESSORI TEACHERS, EDUCATE PARENTS AND ASSIST IN THE DEVELOPMENT AND SUPERVISION OF MONTESSORI SCHOOLS AND TRAINING CENTERS. 8 7 85 32 0 154640 202198 6248488 6289200 8264 16252 4075 1750 6415467 6509400 430570 731364 0 0 4278128 4376879 0 0 0 2054796 2140843 6763494 7249086 -348027 -739686 10733310 10036850 10533907 10821415 199403 -784565 X ORGANIZATION'S MISSION & CHARTER: MISSION: PRINCETON MONTESSORI SOCIETY IS COMPRISED OF PRINCETON MONTESSORI SCHOOL ("PMS") AND PRINCETON CENTER FOR TEACHER EDUCATION ("PCTE"). THE SOCIETY PROVIDES MONTESSORI EDUCATION FOR CHILDREN FROM INFANCY THROUGH MIDDLE SCHOOL, TRAINS PROSPECTIVE MONTESSORI TEACHERS, AND EDUCATES PARENTS. FOUNDED IN 1968, PRINCETON MONTESSORI SCHOOL IS AN INDEPENDENT, CO-EDUCATIONAL DAY SCHOOL, DEDICATED TO THE HIGHEST QUALITY EDUCATION OF CHILDREN ACCORDING TO THE VALUES AND PRINCIPLES OF THE MONTESSORI PHILOSOPHY. PCTE, FOUNDED IN 1989, IS DEDICATED TO QUALITY MONTESSORI TEACHER TRAINING. THE TEACHERS LEARN TO NURTURE THE CHILD'S INNATE ABILITIES AND SELF-EXPLORATION THAT BUILD SKILLS AND A FOUNDATION FOR THE FUTURE. PARENTS ARE SUPPORTED THROUGH EDUCATIONAL RESOURCES AND CLASSES AND ARE ENCOURAGED TO PARTICIPATE AT THE SCHOOL. AS A PIONEER IN THE LARGER EDUCATIONAL COMMUNITY, PRINCETON MONTESSORI SCHOOL AND PRINCETON CENTER TEACHER EDUCATION, PROVIDES VISION, false false 5536305 6289200 THERE ARE OVER 200 CHILDREN OF DIVERSE BACKGROUNDS, FROM INFANT THROUGH EIGHTH GRADE, AT THE CENTRALLY LOCATED FACILITY ON CHERRY VALLEY ROAD IN PRINCETON, NEW JERSEY. THEY ARE GUIDED BY NEARLY 70 DEDICATED AND HIGHLY QUALIFIED FACILITY AND ADMINISTRATORS. 5536305 true true false false false false true false false false true false false false true true true false true false false false false false true false false false true true true false false false false false false false false false true false false false false false false false false false true 33 0 true 85 true false false false false false true true false false false false X 8 7 false false false false true true false true true false false true true true true true true true false false NJ X BETHANNE BYRNE 6099244594 487 CHERRY VALLEY ROAD PRINCETON NJ 08540 MARSHA STENCEL PRESIDENT/SECRETARY THRU 8/7 40.0 0.0 X X 136613 0 58480 CORRINGTON HWONG VICE CHAIR - FINANCE/TREASURER 1.0 0.0 X X 0 0 0 JAMES PETERS VICE CHAIR - FINANCE 1.0 0.0 X X 0 0 0 GEORGE PLASKO VICE CHAIR-ADVNCEMENT/CHAIRMAN 1.0 0.0 X X 0 0 0 LEE GARDNER CHAIRWOMAN/VICE CHAIR PROF DEV 1.0 0.0 X X 0 0 0 PETER EGBERT VICE CHAIR- EVENTS&DEVELOPMENT 1.0 0.0 X X 0 0 0 JOSEPH HARGROVE VICE CHAIR - FINANCE 1.0 0.0 X X 0 0 0 RITA ZETTERBERG VICE CHAIR - ALUMNI & STUDENTS 1.0 0.0 X X 0 0 0 MICHELLE MORRISON-AS OF 818 HEAD OF SCHOOL/CEO/PCTE SECTRY 50.0 0.0 X X 0 0 0 BETHANNE BYRNE BUSINESS ADMINISTRATOR 50.0 0.0 X 117826 0 33737 254439 0 92217 2 false true false 0 X 17123 185075 202198 TUITION 611710 5893754 5893754 FEES AND PROGRAM INCOME 611710 395446 395446 6289200 4646 4646 0 0 0 0 0 160079 148473 11606 11606 11606 4885 17123 4885 0 3500 1750 1750 1750 0 0 6509400 6289200 18002 0 731364 731364 0 0 199628 141736 57892 0 3224425 2289342 935083 0 680738 483323 197415 272088 188589 83499 0 0 35021 35021 0 0 0 173572 173572 41940 41940 124009 79725 44284 0 0 608247 379241 229006 49777 49777 0 0 83989 83989 0 592111 592111 139497 92905 46592 DIRECT EDUCATIONAL EXPENSES 292680 292680 7249086 5536305 1712781 0 X 946065 1023746 293609 132841 34155 21868 72767 45135 0 0 0 0 0 0 0 0 476122 482180 16205415 8036334 8628247 8169081 234542 113155 0 0 0 0 0 0 47803 48844 10733310 10036850 35661 43725 0 0 2122742 2348501 7515000 7353500 0 0 0 0 131625 104625 0 0 728879 971064 10533907 10821415 X 199403 -784565 0 0 0 0 199403 -784565 10733310 10036850 X -739686 -244282 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 4.76 1 1 1 false false 445781 445781 13965702 6505475 7460227 1793932 1530859 263073 8169081 0 INTEREST RATE SWAP 971064 971064 X 5538639 -244282 4885 -239397 5778036 731364 731364 6509400 6522607 4885 4885 6517722 731364 731364 7249086 PART II, LINE 9 THE CONSERVATION EASEMENT IS PART OF THE LAND THAT IS OWNED BY THE PRINCETON MONTESSORI SOCIETY. THEREFORE, THE EASEMENT IS AN ASSET ON THE BALANCE SHEET. PART X The Organization files tax returns in the United States federal jurisdiction and New Jersey. The Organization adopted the accounting pronouncement dealing with uncertain tax positions. The Organization had no unrecognized tax benefits at August 31, 2014 and 2013. In addition, the Organization has no income tax related penalties or interest for the periods in question. The income tax returns of the Organization are subject to examination, generally, for three years after they were filed. PART XI, LINE 2A - NET UNREALIZED GAINS ON INVESTMENTS UNREALIZED LOSS ON INTEREST RATE SWAP IN THE AMOUNT OF $242,185 AND UNREALIZED LOSS ON INVESTMENTS IN THE AMOUNT OF $2,097 FOR A TOTAL OF $244,282. PART XI, LINE 2D - OTHER ADJUSTMENTS SPECIAL EVENT EXPENSE IN THE AMOUNT OF $4,885. PART XI, LINE 4B - OTHER ADJUSTMENTS SCHOLARSHIPS IN THE AMOUNT OF $731,364. PART XII, LINE 2D - OTHER ADJUSTMENTS SPECIAL EVENT EXPENSE IN THE AMOUNT OF $4,885. PART XII, LINE 4B - OTHER ADJUSTMENTS SCHOLARSHIPS IN THE AMOUNT OF $731,364. true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 THE ORGANIZATION STATES ITS NONDISCRIMINATORY POLICY IN ALL BROCHURES AND MEDIA OUTLETS. 2014 AUCTION 22008 17123 4885 4885 1 22008 17123 4885 4885 4885 NJ 487 CHERRY VALLEY ROAD PRINCETON NJ 08540 true SCHOLARSHIPS FOR STUDENTS ATTENDING PMS PROGRAMS 10 113305 FMV- COMPARABLE FEES TUITION SCHOLARSHIPS TUITION ASSISTANCE FOR STUDENTS ATTENDING PMS PROG 63 618341 FMV- COMPARABLE FEES TUITION ASSISTANCE PART 1 #2 Assistance is granted on an "as needed basis." Families apply with "TADS"Ya financial aid assessment company. X false false false false false false false false false MARSHA STENCEL PRESIDENT/SECRETARY THRU 8/7 136613 0 0 0 0 0 0 0 58480 0 195093 0 0 0 BETHANNE BYRNE BUSINESS ADMINISTRATOR 117826 0 0 0 0 0 0 0 33737 0 151563 0 0 0 A NJ-EDA 222045817 645918KP7 2008-03-17 7685000 5/1/13 CONVERSION OF 2008 BOND false false false A 0 0 7685000 0 0 0 0 0 0 7685000 0 0 true false true true A false false false false 0 false false false true A false true false false true true SOVEREIGN BANK 20. false false false 0 false false A true PART I, LINE A, COLUMN F 5/1/13 CONVERSION OF BOND ISSUED IN 2008 FOR FUND CONSTRUCTION & DEBT EXTING PART II, LINE 11, COLUMN A - OTHER SPENT PROCEEDS THIS IS A MODIFICATION OF A 2008 BOND ISSUE WHICH WILL RESULT IN A DEEMED REFUNDING (I.E. A REISSUANCE) OF THE 2008 ISSUE. ALL PROCEEDS WERE USED FOR THIS PURPOSE. ADI TOURS - OWNED BY GEORGE PLASKO GEORGE PLASKO - TRUSTEE 131949 DESIGNS 8TH GRADE TOUR. false FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION ARE BOARD OF TRUSTEES MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES MEMBERS HAVE THE RESPONSIBILITY OF ELECTING OTHER BOARD MEMBERS TO THE GOVERNING BODY OF THE SOCIETY. FORM 990, PART VI, SECTION B, LINE 11 THE TRUSTEES ARE GIVEN A COPY OF THE FORM 990 TO REVIEW AND APPROVE AT THE BOARD MEETING. THE BOARD TREASURER SIGNS THE FORM 990 AND SUBMITS TO THE BUSINESS ADMINISTRATOR FOR SUBMISSION TO ACCOUNTING FIRM FOR ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY AS WELL AS ANNUAL DISCLOSURES ARE REVIEWED AND CONSISTENTLY MONITORED BY THE BOARD OF TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A WHEN APPROVING THE ANNUAL BUDGET THE BOARD OF TRUSTEES REVIEWS THE SALARY HISTORY DATA FROM THE NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS STATISTICS AND NATIONAL ASSOCIATION INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE PRINCETON MONTESSORI SOCIETY HAS ALL OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 5 NET UNREALIZED LOSS ON INVESTMENTS IN THE AMOUNT OF $2,097 AND UNREALIZED LOSS ON INTEREST RATE SWAP IN THE AMOUNT OF $242,185 FOR A TOTAL OF $244,282 TO FORM 990, PART XI, LINE 5. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.