2013-07-15T13:40:54-05:00 2012-08-31 WITHUM SMITH BROWN PC 5 VAUGHN DR PRINCETON NJ 085406313 990 2011-09-01 221853399 PRINCETON MONTESSORI SOCIETY % BETHANNE BYRNE PRIN 6099244594 487 CHERRY VALLEY ROAD PRINCETON NJ 08540 MARSHA STENCEL 2013-07-15 true RICK COYNE 6095201188 2011 2016-02-24 21:20:13Z GEORGE PLASKO 487 CHERRY VALLEY ROAD PRINCETON NJ 08540 6729749 false X WWW.PRINCETONMONTESSORI.ORG X 1968 NJ AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL DEDICATED TO PROVIDING MONTESSORI EDUCATION FOR CHILDREN FROM INFANCY THROUGH MIDDLE SCHOOL, TRAINING PROSPECTIVE MONTESSORI TEACHERS, AND EDUCATING PARENTS. 9 6 86 30 0 325227 172291 5976519 6063697 34884 18088 27820 59121 6364450 6313197 277399 420141 0 0 4423050 4393098 0 0 0 2059880 2106589 6760329 6919828 -395879 -606631 12144809 11196671 11344641 11424537 800168 -227866 X 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 NURUTRE 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, BOTH NATIONALLY AND INTERNATIONALLY, PRINCETON MONTESSRI SCHOOL AND PCTE PROVIDE VISION, LEADERSHIP, AND MENTORSHIP TO OTHER SCH false false 5193845 6063697 THERE ARE OVER 200 CHILDREN OF DIVERSE BACKGROUNDS, FROM INFANT THROUGH EIGTH 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 ADMIISTRATORS. 5193845 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 true false false true false false false false false false false false false false true 30 0 true 86 true false false false false false true true false false false false X 9 6 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 50.0 X X 150224 0 14072 MICHAEL BURNS 1.5 X X 0 0 THOMAS CUSACK 1.5 X X 0 0 PATRICIA HLAFTER 1.5 X X 0 0 CORRINGTON HWONG 1.5 X X 0 0 JAMES PETERS 1.5 X X 0 0 GEORGE PLASKO 1.5 X X 0 0 LEE GARDNER 1.5 X X 0 0 PETER EGBERT 1.5 X X 0 0 BETHANNE BYRNE 50.0 X 134762 0 13707 284986 0 27779 4 false true false 0 37851 134440 172291 TUITION 611710 5747687 5747687 FEES AND PROGRAM INCOME 611710 316010 316010 6063697 20151 20151 0 0 371859 373922 -2063 -2063 -2063 40130 37851 40130 0 0 5000 2500 2500 2500 0 RELEASE OF REFUNDS 611710 56621 56621 56621 6313197 6120318 20588 0 420141 420141 0 0 299355 212331 87024 0 3006744 2161293 845451 119724 85013 34711 710293 471337 238956 256982 185027 71955 0 8243 8243 36198 36198 0 0 0 202561 202561 71922 71922 183214 133599 49615 0 0 537505 259711 277794 42045 42045 0 0 55302 55302 0 592872 592872 112894 92160 20734 DIRECT EDUCATIONAL EXPENSES 260532 260532 BAD DEBT EXPENSE 3301 3301 6919828 5193845 1725983 0 1706538 1003843 187300 392892 0 72329 34707 64265 0 0 0 0 0 0 0 0 50878 316373 15977290 6920783 9185736 9056507 577645 220841 0 0 0 0 0 0 402005 69621 12144809 11196671 29180 29650 0 0 2392712 2193617 0 0 0 0 0 0 7845000 7685000 0 0 1077749 1516270 11344641 11424537 X 796583 -227866 3585 0 0 0 800168 -227866 12144809 11196671 X -606631 -421403 X X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 4.76 1 1 1 false false 445781 445781 13869103 5538695 8330408 1662406 1382088 280318 9056507 0 INTEREST RATE SWAP 1516270 1516270 6313197 6919828 -606631 17118 -438521 -421403 -1028034 5950304 17118 40130 57248 5893056 420141 420141 6313197 6978338 478651 478651 6499687 420141 420141 6919828 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48 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, 2012 and 2011. 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 8 - OTHER ADJUSTMENTS PART XI, LINE 8 UNREALIZED LOSS ON INTEREST RATE SWAP IN THE AMOUNT OF $438,521. PART XII, LINE 2D - OTHER ADJUSTMENTS PART XII, LINE 2D SPECIAL EVENT EXPENSE IN THE AMOUNT OF $40,130. PART XII, LINE 4B - OTHER ADJUSTMENTS SCHOLARSHIPS IN THE AMOUNT OF $420,141. PART XIII, LINE 2D - OTHER ADJUSTMENTS PART XIII, LINE 2D SPECIAL EVENT EXPENSE IN THE AMOUNT OF $40,130. UNREALIZED LOSS ON INTEREST RATE SWAP IN THE AMOUNT OF $438,521. PART XIII, LINE 4B - OTHER ADJUSTMENTS PART XIII, LINE 4B SCHOLARSHIPS IN THE AMOUNT OF $420,141. true true true true true true true false false false false false false false false false false true EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE ORGANIZATION STATES ITS NONDISCRIMINATORY POLICY IN ALL BROCHURES AND MEDIA OUTLETS. ANNUAL AUCTION 67056 37851 29205 28928 GOLF OUTING 10925 10925 11202 0 77981 37851 40130 40130 40130 true SCHOLARSHIPS 48 420141 PART 1 #2 Assistance is granted on an "as needed basis." Families apply with "TADS", a financial aid assessment company. X false false false false false false false false false MARSHA STENCEL 136152 0 0 0 14072 0 2705 0 0 0 152929 0 0 0 NJ-EDA 222045817 645918KP7 2008-03-17 8000000 FUND CONSTRUCTION OF ADDITION TO S false false false 0 0 8000000 0 0 0 82077 0 0 7917923 0 0 true false true true false false false false 0.00000 0.00000 0.00000 true false true true SOVEREIGN BANK 20. false false false 0 false false X BETHANNE BYRNE BUSINESS ADMINISTRATOR 20680 TUITION ASSIST MICHAEL BURNS ARCHITECTS MICHAEL BURNS - TRUSTEE 2457 ARCHITECT FOR THE SCHOOL. false ADI TOURS - OWNED BY GEORGE PLASKO GEORGE PLASKO - TRUSTEE 57600 DESIGNS 8TH GRADE TOUR. false 1 FORM 990. PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION ARE BOARD OF TRUSTEES MEMBERS. 2 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. 3 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. 4 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. 5 FORM 990, PART VI, SECTION B, LINE 15A WHEN APPROVING THE ANNUAL BUDGET THE BOARD OF TRUSTEES REVIEWS THE SALARY HISTORY DATA FROM NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS STATISTICS AND NATIONAL ASSOCIATION INDEPENDENT SCHOOLS. 6 FORM 990, PART VI, SECTION C, LINE 19 THE PRINCETN MONTESSORI SOCIETY HAS ALL OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 7 FORM 990, PART XI, LINE 5 NET UNREALIZED GAINS ON INVESTMENTS IN THE AMOUNT OF $17,118 AND UNREALIZED LOSS ON INTEREST RATE SWAP IN THE AMOUNT OF $438,521 TOTAL $421,403 TO FORM 990, PART XI, LINE 5. 8 FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.