2013-02-12T17:40:07-06:00 2012-06-30 JAMES E RICHMAN CPA PC 1 SW COLUMBIA SUITE 400 PORTLAND OR 97258 990 2011-07-01 930954555 MONTESSORI SCHOOL OF BEAVERTON LTD MONT 5034391597 11065 NW CRYSTAL CREEK LANE PORTLAND OR 97229 CAROL BENNETT 5034391597 2013-02-04 true JAMES E RICHMAN 5032953780 2013-02-12 X 2011 2016-02-25 16:41:14Z CAROL BENNETT 11065 NW CRYSTAL CREEK LANE PORTLAND OR 97229 1685683 false X WWW.MSB.ORG X 1977 OR MONTESSORI SCHOOL OF BEAVERTON (MSB) IS A PRIVATE, NON PROFIT SCHOOL SERVING CHILDREN FROM PRE-KINDERGARTEN THROUGH THE SIXTH GRADE. MSB EMPLOYS THE EDUCATIONAL METHODS AND PHILOSOPHIES OF DR. MARIA MONTESSORI. THE MISSION OF THE SCHOOL IS TO ASSIST EACH STUDENT TO REACH HIS OR HER FULLEST POTENTIAL WITH A LOVE OF LEARNING AND A PROFOUND SENSE OF IMPORTANCE OF HIS OR HER CONTRIBUTION TO THE WORLD. 8 8 28 75 0 72800 128484 1328298 1400217 1993 1797 153201 131203 1556292 1661701 42429 36316 0 1028989 1073802 0 33097 376512 484635 1447930 1594753 108362 66948 3364938 3398856 1812050 1833322 1552888 1565534 X MONTESSORI SCHOOL OF BEAVERTON (MSB) IS A PRIVATE, NON PROFIT SCHOOL SERVING CHILDREN FROM PRE-KINDERGARTEN THROUGH THE SIXTH GRADE. MSB EMPLOYS THE EDUCATIONAL METHODS AND PHILOSOPHIES OF DR. MARIA MONTESSORI. THE MISSION OF THE SCHOOL IS TO ASSIST EACH STUDENT TO REACH HIS OR HER FULLEST POTENTIAL WITH A LOVE OF LEARNING AND A PROFOUND SENSE OF IMPORTANCE OF HIS OR HER CONTRIBUTION TO THE WORLD. false false 1128399 36316 1400217 MONTESSORI EDUCATION FOR APPROXIMATELY 186 STUDENTS FROM PRE-KINDERGARTEN THROUGH THE SIXTH GRADE. 1128399 true true false false false false false false false false true false false false true true true false true false false false false false true false false false true false false false false false false false false false false false false false false false false false false false true 7 0 28 true false false false false false true true false false false false false false X 8 8 false false false false true true true true true false false true true true true false true true false false OR X CAROL BENNETT 5034391597 11065 NW CRYSTAL CREEK LANE PORTLAND OR 97229 SUSAN ONG 5.00 X 0 0 0 SEAN MURPHY 5.00 X 0 0 0 SADHANA SHENOY 5.00 X X 0 0 0 DEBORAH LOCKWOOD 5.00 X X 0 0 0 SUDARSHAN CADAMBI 5.00 X 0 0 0 AIMEE LOBO-BERG 5.00 X X 0 0 0 TAIZOON DOCTOR 5.00 X 0 0 0 MILIND PANDIT 5.00 X X 0 0 0 LESLIE LOGAN 40.00 X 92037 0 2749 CAROL BENNETT 40.00 X 56964 0 3071 149001 5820 false false false 53628 74856 128484 TUITION 1366294 1366294 ACTIVITY FEES 26260 26260 SERVICE FEES 4063 4063 APPLICATION FEES 3600 3600 1400217 1575 1575 8600 8378 222 222 222 145886 53628 15604 130282 OTHER 921 921 921 1661701 1401360 1575 36316 36316 135798 135798 744251 588580 155671 49034 38681 10353 68156 62460 5696 76563 51401 25162 29073 29073 9639 9639 7975 7975 17873 17873 38794 38794 816 810 6 24847 20314 4533 105836 95252 10584 86100 77490 8610 17915 17915 SUPPLIES 51376 47256 4120 SPECIAL ACTIVITIES 32846 32846 SPECIAL EVENT EXPENSES 31807 31807 OTHER 13121 11831 1290 16617 8453 8164 1594753 1128399 433257 33097 205640 455473 363573 486534 7421 11615 7301 17601 3440228 1027545 2441001 2412683 321470 13417 11890 5115 3060 3364938 3398856 42199 74861 99568 78507 1404138 1358588 266145 321366 1812050 1833322 X 1306278 1530455 246610 35079 1552888 1565534 3364938 3398856 66948 -54302 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 479651 479651 2663120 832951 1830169 228212 190321 37891 69245 4273 64972 2412683 INTEREST RATE SWAP AGREEMENTS 321366 321366 1661701 1594753 66948 -55222 -55222 11726 1581863 -55222 -24616 -79838 1661701 1661701 1570137 -24616 -24616 1594753 1594753 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, AN ORGANIZATION MUST ALSO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AS OF JUNE 30, 2012. THE SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION; IT IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL TAX AUTHORITIES FOR YEARS ENDING BEFORE JUNE 30, 2009. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 STUDENT FINANCIAL AID REPORTED AS GRANT IN 990 -24,616 STUDENT FINANCIAL AID REPORTED AS GRANT IN 990 24,616 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D STUDENT FINANCIAL AID REPORTED AS GRANT IN 990 -24,616 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D STUDENT FINANCIAL AID REPORTED AS GRANT IN 990 -24,616 true true true true true true true false false false false false false false false false false true AUCTION 191949 46063 145886 2085 13519 6TH YR FUNDRAIS 7565 7565 199514 53628 145886 2085 13519 15604 130282 true SP MONTESSORI PROJECTS 3 11700 FINANCIAL AID TO STUDENTS 6 24616 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 MSB MAINTAINS RECORDS THAT SUBSTANTIATE THE AMOUNT AND PURPOSE OF THE ASSISTANCE. ALL RECIPIENTS COMPLETE AN APPLICATION THAT DETAILS THE AMOUNT REQUESTED AND THE PURPOSE OF THE ASSISTANCE AND SPECIFICALLY HOW THE PURPOSE FURTHERS OUR GOAL OF BROADENING THE REACH OF MONTESSORI EDUCATION. THE PROJECT OR PURPOSE MUST HAVE A STATED GOAL OR RESULT THAT CAN BE ACCOMPLISHED IN A STATED TIME PERIOD. THE SCHOOL MAINTAINS RECORD OF THE AMOUNT GRANTED AND WHEN THE PROJECT OR PURPOSE WAS COMPLETED. THE MSB BOARD OF DIRECTORS REVIEWS APPLICATION AND GRANT AWARDS BASED ON WHETHER AND HOW THE AWARD FURTHERS THE PURPOSE OF BROADENING THE REACH OF MONTESSORI EDUCATION. NINETY PERCENT OF THE ASSISTANCE IS AWARDED TO THE RECIPIENT AT THE TIME OF AWARD. THE FINAL TEN PERCENT IS AWARDED UPON COMPLETION OF A REPORT TO THE BOARD ON THE PROJECT OR PURPOSE WHICH INCLUDES A FINAL ACCOUNTING OF EXPENSES AND AWARD SPENDING. IF AN ORGANIZATION APPLIES FOR FUNDING IT MUST BE A 501(C)(3) ORGANIZATION. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION MONTESSORI SCHOOL OF BEAVERTON (MSB) IS A PRIVATE, NON PROFIT SCHOOL SERVING CHILDREN FROM PRE-KINDERGARTEN THROUGH THE SIXTH GRADE. MSB EMPLOYS THE EDUCATIONAL METHODS AND PHILOSOPHIES OF DR. MARIA MONTESSORI. THE MISSION OF THE SCHOOL IS TO ASSIST EACH STUDENT TO REACH HIS OR HER FULLEST POTENTIAL WITH A LOVE OF LEARNING AND A PROFOUND SENSE OF IMPORTANCE OF HIS OR HER CONTRIBUTION TO THE WORLD. EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS FORM 990, PAGE 1, PART I, LINE 6 THE SCHOOL RECEIVES A SUBSTANTIAL AMOUNT OF CONTRIBUTED SERVICES FROM VOLUNTEERS WHO ASSIST IN PERIODIC CONCENTRATED FUND-RAISING ACTIVITIES AND VARIOUS COMMITTEE ASSIGNMENTS. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 AN ELIGIBLE PERSON IS ANY PERSON 21 YEARS OF AGE OR OLDER WHO IS: A) THE PARENT OF A STUDENT ENROLLED IN THE SCHOOL OR FORMERLY ENROLLED IN THE SCHOOL, B) A MEMBER OF THE STAFF OR FORMER MEMBER OF THE STAFF OF THE SCHOOL, C) A MONTESSORI PROFESSIONAL FROM WITHIN THE SCHOOL COMMUNITY, OR D) A PERSON WITH AN INTEREST IN PROMOTING THE IDEALS AND PHILOSOPHIES OF MONTESSORI SCHOOL MAY BECOME A MEMBER OF THIS CORPORATION. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A AN ELIGIBLE PERSON MAY BE ELECTED A MEMBER UPON BEING PROPOSED FOR MEMBERSHIP BY A MEMBER, BY WRITTEN APPLICATION TO THE PRESIDENT OR SECRETARY, AND UPON RECEIVING A MAJORITY VOTE OF THE MEMBERS PRESENT AT A MEETING OF THE CORPORATION OR AT A MEETING OF THE BOARD OF DIRECTORS OF THE CORPORATION. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B ANY ONE OR MORE OF THE DIRECTORS MAY BE REMOVED EITHER WITH OR WITHOUT CAUSE, AT ANY TIME, BY A VOTE OF TWO-THIRDS OF THE MEMBERS PRESENT AT ANY SPECIAL MEETING CALLED FOR THAT PURPOSE. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B A COMMITTEE CONSISTING OF THE TREASURER, THE HEAD OF SCHOOL, AND THE BOOKKEEPER REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS FILING. ALSO, A COPY OF THE 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BOARD PRIOR TO FILING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C MSB MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY ASKING THE BOARD MEMBERS ANNUALLY TO DISCLOSE ANY CONFLICT OF INTERESTS VERBALLY AT A BOARD MEETING. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A MEMBERS OF THE BOARD OF DIRECTORS ARE NOT COMPENSATED BY THE MSB. THE COMPENSATION FOR THE HEAD OF SCHOOL IS RESEARCHED BY THE BOARD OF DIRECTORS BY COMPARING THE SAME POSITION AMONG SCHOOLS LOCALLY AND NATIONALLY, TAKING INTO CONSIDERATION THE FACTOR OF COST OF LIVING AND THE PERFORMANCE OF THE ADMINISTRATOR. THE PROPOSED COMPENSATION IS DISCUSSED AND APPROVED BY THE BOARD AND IS DOCUMENTED IN THE BOARD MINUTES. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.