2012-04-15T14:59:23-05:00 2011-08-31 EISNERAMPER LLP 750 ROUTE 202 SOUTH SUITE 500 BRIDGEWATER NJ 08807 990 2010-09-01 221853399 PRINCETON MONTESSORI SOCIETY PRIN 6099244594 487 CHERRY VALLEY ROAD PRINCETON NJ 085407916 CORRINGTON HWONG 6099244594 2012-04-15 1 DOUGLAS D TAPP CPA MST 9082185002 2010 2016-02-24 21:20:13Z GEORGE PLASKO 487 CHERRY VALLEY ROAD PRINCETON NJ 08540 6392747 0 X WWW.PRINCETONMONTESSORI.ORG X 1968 NJ PRINCETON MONTESSORI SOCIETY IS COMPRISED OF PRINCETON MONTESSORI SCHOOL AND PRINCETON CENTER TEACHER EDUCATION. 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 FOUNDATION FOR THE FUTURE. PARENTS ARE SUPPORTED THROUGH EDUCATIONAL RESOURCES AND CLASSES AND ENCOURAGED TO PARTICIPATE AT THE SCHOOL. AS A PIONEER IN THE LARGER EDUCATIONAL COMMUNITY, BOTH NATIONALLY AND INTERNATIONALLY, PRINCETON MONTESSORI SCHOOL AND PCTE PROVIDE VISION, LEADERSHIP AND MENTORSHIP TO OTHER SCHOOLS AND ORGANIZATIONS. 7 4 86 0 0 0 126084 325227 6164894 5976519 32979 34884 22211 27820 6346168 6364450 251959 277399 0 0 4711538 4423050 0 0 0 1663752 2059880 6627249 6760329 -281081 -395879 12506669 12144809 11383121 11344641 1123548 800168 X PRINCETON MONTESSORI SOCIETY IS COMPRISED OF PRINCETON MONTESSORI SCHOOL AND PRINCETON CENTER TEACHER EDUCATION. 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 FOUNDATION FOR THE FUTURE. PARENTS ARE SUPPORTED THROUGH EDUCATIONAL RESOURCES AND CLASSES AND ENCOURAGED TO PARTICIPATE AT THE SCHOOL. AS A PIONEER IN THE LARGER EDUCATIONAL COMMUNITY, BOTH NATIONALLY AND INTERNATIONALLY, PRINCETON MONTESSORI SCHOOL AND PCTE PROVIDE VISION, LEADERSHIP AND MENTORSHIP TO OTHER SCHOOLS AND ORGANIZATIONS. 0 0 4954245 5976519 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 FACULTY AND ADMINISTRATORS. 4954245 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 30 0 1 86 1 0 0 0 0 0 1 1 0 0 0 0 X 7 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X PRINCETON MONTESSORI SOCIETY - BETHANNE BYRNE 6099244594 487 CHERRY VALLEY ROAD PRINCETON NJ 085407916 MARSHA STENCEL 45.00 X X X 139765 0 0 MICHAEL BURNS X X 0 0 0 THOMAS CUSACK X X 0 0 0 PATRICIA HLAFTER X X 0 0 0 CORRINGTON HWONG X X 0 0 0 JAMES PETERS X X 0 0 0 GEORGE PLASKO X X 0 0 0 BETHANNE BYRNE 45.00 X 109063 0 0 248828 0 0 2 0 0 0 0 325227 325227 TUITION 611710 5661171 5661171 FEES AND PROGRAM 611710 315348 315348 5976519 34884 34884 56117 28297 27820 27820 6364450 5976519 0 62704 277399 277399 3090106 2127681 962425 1076168 741048 335120 256776 171677 85099 68783 68783 100123 85752 14371 148607 139495 9112 45041 45041 346821 346821 628518 628518 51726 51726 DIRECT EDUCATIONAL EXPE 242721 242721 CONSULTING AND OUTSIDE 155215 155215 MAINTENANCE, REPAIRS, E 155088 155088 PROFESSIONAL FEES 53136 53136 64101 64101 6760329 4954245 1806084 0 1673870 1706538 127950 187300 61136 34707 9369 50878 15523886 6338150 9068021 9185736 378132 577645 1188191 402005 12506669 12144809 169561 29180 2073040 2392712 8005081 7845000 1135439 1077749 11383121 11344641 X 1114963 796583 8585 3585 1123548 800168 12506669 12144809 X -395879 72499 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 5.09 1 1 1 0 0 445782 445782 13474893 5039265 8435628 1603211 1298885 304326 9185736 INTEREST RATE SWAP 1077749 1077749 6364450 6760329 -395879 14809 57690 72499 -323380 6130157 14809 28297 43106 6087051 277399 277399 6364450 6511227 28297 28297 6482930 277399 277399 6760329 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: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES ACCOUNTING OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED AUGUST 31, 2011 AND 2010. THE INCOME TAX RETURNS OF THE ORGANIZATION FOR AUGUST 31, 2010, 2009 AND 2008 ARE SUBJECT TO EXAMINATION BY THE IRS AND OTHER VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 57,690. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 28,297. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 277,399. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 28,297. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 277,399. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 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 56117 56117 28297 56117 56117 28297 28297 27820 X 1 SCHOLARSHIPS 44 277399 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ASSISTANCE IS GRANTED ON AN "AS NEEDED" BASIS. FAMILIES APPLY WITH "TADS", A FINANCIAL AID ASSESSMENT AND EVALUATION COMPANY. NJ-EDA 222045817 645918KP7 2008-03-17 8000000 FUND THE CONSTRUCTION OF AN ADDITION TO SCHOOL BUILDINGS AND EXISTING DEBT. 0 0 0 8000000 82077 7917923 2010 1 0 0 1 0 0 0 0 0 0 0 1 1 SOVEREIGN BANK 20.000000000000 0 0 0 0 0 GEORGE PLASKO TRUSTEE 103410 PRINCIPAL OWNER OF A COMPANY THAT CUSTOM DESIGNS TOURS FOR STUDENTS IN 8TH GRADE ACCORDING TO THE CURRICULUM. 0 MICHAEL BURNS TRUSTEE 25037 PRINCIPAL OWNER OF AN ARCHITECT FIRM USED FOR THE SOCIETY BUILDING ADDITION. 0 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 RESPONSIBILTY 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 AT THE BOARD MEETING. THE BOARD TREASURER SIGNS THE FORM 990 AND SUBMITS TO THE BUSINESS ADMINISTRATOR FOR SUBMISSION TO AUDITORS FOR ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS 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 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 THE FINANCIAL DOCUMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 14,809. UNREALIZED GAIN ON INTEREST RATE SWAP 57,690. TOTAL TO FORM 990, PART XI, LINE 5: 72,499. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.