Civic Intelligence

West Side Montessori School

990 • Fiscal year 2019 • EIN 13-1992185

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 21, 2019

309 West 92nd StreetNew York, NY 10025

(212) 662-8000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.19x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.64x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

26th percentile

-2.4%

Higher net margin than 26% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$349,188

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

43rd percentile

2.5%

Faster asset growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

21%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$34,703,581

Up $853,643 (+2.5%) from 2018

Net Assets

Up

$28,245,657

Up $142,965 (+0.5%) from 2018

Liabilities

Up

$6,457,924

Up $710,678 (+12%) from 2018

Revenue

Up

$10,058,815

Up $1,730,939 (+21%) from 2018

Expenses

Up

$10,301,784

Up $1,714,242 (+20%) from 2018

Net Income

Up

-$242,969

Up $16,697 (+6.4%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $22,346,303Liabilities 2010: $2,567,529Net Assets 2010: $19,778,7742010Assets 2011: $24,765,744Liabilities 2011: $3,495,436Net Assets 2011: $21,270,3082011Assets 2012: $24,734,644Liabilities 2012: $3,187,813Net Assets 2012: $21,546,8312012Assets 2013: $26,626,411Liabilities 2013: $3,114,658Net Assets 2013: $23,511,7532013Assets 2014: $28,533,661Liabilities 2014: $3,549,503Net Assets 2014: $24,984,1582014Assets 2015: $28,881,412Liabilities 2015: $3,402,505Net Assets 2015: $25,478,9072015Assets 2016: $30,791,651Liabilities 2016: $4,598,873Net Assets 2016: $26,192,7782016Assets 2017: $32,184,705Liabilities 2017: $4,737,613Net Assets 2017: $27,447,0922017Assets 2018: $33,849,938Liabilities 2018: $5,747,246Net Assets 2018: $28,102,6922018Assets 2019: $34,703,581Liabilities 2019: $6,457,924Net Assets 2019: $28,245,6572019Assets 2020: $33,911,523Liabilities 2020: $5,317,583Net Assets 2020: $28,593,9402020Assets 2021: $36,738,175Liabilities 2021: $5,473,950Net Assets 2021: $31,264,2252021Assets 2022: $34,513,067Liabilities 2022: $6,500,935Net Assets 2022: $28,012,1322022Assets 2023: $37,420,941Liabilities 2023: $8,896,569Net Assets 2023: $28,524,3722023Assets 2024: $38,306,732Liabilities 2024: $9,587,257Net Assets 2024: $28,719,4752024Assets 2025: $51,804,798Liabilities 2025: $22,743,677Net Assets 2025: $29,061,1212025

Highlighted filing

2019

Assets$34,703,581
Liabilities$6,457,924
Net Assets$28,245,657

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,797,9212010Expenses 2011: $5,403,5052011Expenses 2012: $6,176,7572012Revenue 2013: $7,479,333Expenses 2013: $6,231,099Net Income 2013: $1,248,2342013Revenue 2014: $6,478,359Expenses 2014: $6,632,380Net Income 2014: -$154,0212014Revenue 2015: $7,179,585Expenses 2015: $6,759,973Net Income 2015: $419,6122015Revenue 2016: $8,347,216Expenses 2016: $7,466,966Net Income 2016: $880,2502016Revenue 2017: $8,034,155Expenses 2017: $8,150,274Net Income 2017: -$116,1192017Revenue 2018: $8,327,876Expenses 2018: $8,587,542Net Income 2018: -$259,6662018Revenue 2019: $10,058,815Expenses 2019: $10,301,784Net Income 2019: -$242,9692019Revenue 2020: $10,542,848Expenses 2020: $10,016,105Net Income 2020: $526,7432020Revenue 2021: $12,617,803Expenses 2021: $10,250,637Net Income 2021: $2,367,1662021Revenue 2022: $10,367,667Expenses 2022: $10,616,513Net Income 2022: -$248,8462022Revenue 2023: $11,284,083Expenses 2023: $11,752,766Net Income 2023: -$468,6832023Revenue 2024: $12,664,529Expenses 2024: $13,391,460Net Income 2024: -$726,9312024Revenue 2025: $15,094,740Expenses 2025: $15,254,442Net Income 2025: -$159,7022025

Highlighted filing

2019

Revenue$10,058,815
Expenses$10,301,784
Net Income-$242,969
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 21, 2019
Return Version
2018v3.1
Gross Receipts
$10,244,572
Mission and Program Overview

Mission

We prepare children to be resilient, creative and independent problem solvers. We are leaders in teaching montessori principles and incorporate the best practices of modern early childhood education in our classrooms.west side montessori school is a vibrant, collaborative community of passionate teachers, joyful children and engaged parents. Our diverse community is a reflection of the city in which we live.

We prepare children to be resilient, creative and independent problem solvers. We are leaders in teaching Montessori principles and incorporate the best practices of modern early childhood education in our classrooms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,661,583$15,392,571▼ $269,012
Investments Other Securities$9,260,766$9,611,986▲ $351,220
Savings and Temporary Cash Investments$4,882,052$5,283,017▲ $400,965
Investments in Publicly Traded Securities$3,090,770$3,030,246▼ $60,524
Cash and Non-Interest-Bearing Accounts$76,421$409,107▲ $332,686
Prepaid Expenses and Deferred Charges$385,875$346,807▼ $39,068
Accounts Receivable$189,092$263,333▲ $74,241
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$33,849,938$34,703,581▲ $853,643
Other Assets Total$303,379$366,514▲ $63,135
Liabilities
Deferred Revenue$4,800,992$5,380,498▲ $579,506
Accounts Payable and Accrued Expenses$663,895$724,081▲ $60,186
Other Liabilities$282,359$353,345▲ $70,986
Total Liabilities$5,747,246$6,457,924▲ $710,678
Net Assets / Fund Balance
Unrestricted Net Assets$28,102,692$28,245,657▲ $142,965
Total Net Assets Fund Balance$28,102,692$28,245,657▲ $142,965
Total Liabilities and Net Assets / Fund Balance$33,849,938$34,703,581▲ $853,643

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,815,452$6,747,753$12,563,205
Land$8,329,230-$8,329,230
Leasehold Improvements$1,103,918$134,657$1,238,575
Equipment$143,971$205,544$349,515
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary D BassoHead of SchoolFT$264,543$84,645$349,188
Melissa MackAssoc HeadPT$138,839$18,380$157,219
Lisanne PinciottiDirector of TEPFT$133,290$14,652$147,942
Matthew BloomCFOPT$119,342$27,695$147,037
Loren De NicolaAssoc HeadFT$132,266$14,621$146,887
Margot MackHead TeacherFT$114,278$14,458$128,736
Karen DeinzerHead TeacherFT$114,162$12,153$126,315

Board Members and Trustees

NameTitle
Myles AmendPresident
Iva MillsVice President
Kyra NelsonVice President
Tim DaileaderVice President
Bonny WhitcherDirector
Elise JouffroyDirector
Jing WangDirector
Joseph GilbertDirector
Justin HamiltonDirector
Kelly OpdykeDirector
Kelly WestDirector
Lindsay ForbesDirector
Mark CicirelliDirector
Natasha KazmiDirector
Nigel-Ann La Qua WilliamsonDirector
Scott LiDirector
Victoria FeltmanDirector
Mary Pat DowhyParent Rep.
Tenille SkeltonParent Rep.
Jennifer ConwaySecretary
Mort HaqueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$924,211
Program Service Revenue
$8,713,554
Investment Income
$419,830
Other Revenue
$1,220
All Other Contributions
$364,648
Change in Net Assets
$-242,969

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,764,815
Revenue Not Reported on Financial Statements
$1,294,000
Revenue Not Reported on Form 990
$385,934
Other Revenue Adjustments
$1,264,000
Total Revenue per Audited Statements
$9,150,749
Total Revenue per Form 990
$10,058,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,089,765
Other Expenses$2,948,019
Grants and Similar Amounts Paid$1,264,000
Total Fundraising Expense$243,946
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,184,584$944,925$76,639$4,206,148
Grants to Domestic Individuals$1,264,000--$1,264,000
Depreciation Depletion$599,782$177,968$14,434$792,184
Other Employee Benefits$495,948$163,390$13,077$672,415
Occupancy$415,056$123,155$9,989$548,200
Current Officers, Directors, Trustees, and Key Employees$375,704$111,479$9,040$496,223
Payroll Taxes$269,511$88,622$7,094$365,227
Pension Plan Contributions$256,179$86,659$6,914$349,752
Fees for Services Other$43,934$62,422$90,275$196,631
Information Technology$101,953$30,251$2,454$134,658
Other Expenses$32,160$68,917$12,780$113,857
Office Expenses-$107,066-$107,066
Insurance$53,105$32,591$1,250$86,946
Fees for Service Investment Mgmnt Fees-$30,000-$30,000
Total Functional Expenses$8,009,841$2,047,997$243,946$10,301,784

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,301,784
Expenses per Audited Statements$9,007,784
Total Expenses per Audited Statements$9,007,784
Expenses Not Reported on Financial Statements$1,294,000
Other Expense Adjustments$1,264,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$185,757
Fundraising Gross Income$185,757
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$409,502$150,633$150,633$0
Other$43,072$35,124$35,124$0
Total Events$452,574$185,757$185,757-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Payable$340,494
Deferred Rent$12,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The CFO will review the 990 draft. Any changes are communicated to the independent accountants and the revised draft is then forwarded to the executive and audit committees of the board for their review. The board of trustees approves the IRS Form 990 prior to filing. The returns are signed by the CFO.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Near the beginning of each fiscal year, a conflict of interest disclosure statement is required to be submitted by all officers, directors and key employees, regardless of whether such persons filled one out the previous year. The completed disclosures statements are reviewed for compliance by the head of the governance committee. If conflicts exist, the board member is required to recuse him/herself from any related deliberation and decision. Employees also annually sign a statement that certifies that they are in full compliance with the policies contained in West Side Montessori School's employee handbook, including a policy on "conflict of interest."

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The school's compensation policy is implemented by the board's compensation and management development committee consisting entirely of independent directors. The compensation and management development committee uses comparability data in forming its recommendations to the board. The head of school's compensation is approved by the board as recorded in its minutes.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents and conflict of interest policy available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
West Side Montessori School
EIN
13-1992185
Phone
2126628000
Address
309 West 92nd Street, New York, NY 10025

Signing Officer

Name
Matthew Bloom
Title
CFO
Signed
2019-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary D Basso
Formed
1963
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
22
Employees
81
Volunteers
50

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The School does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2016 and later are subject to examination by applicable taxing authorities.

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Financial Aid $1264000

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Financial Aid $1264000

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IRS990/Form990PartVIISectionAGrp/PersonNm0Mary D Basso
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IRS990/Form990PartVIISectionAGrp/PersonNm2Iva Mills
IRS990/Form990PartVIISectionAGrp/PersonNm3Tim Daileader
IRS990/Form990PartVIISectionAGrp/PersonNm4Kyra Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm5Jennifer Conway
IRS990/Form990PartVIISectionAGrp/PersonNm6Mort Haque
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IRS990/Form990PartVIISectionAGrp/PersonNm8Nigel-Ann La Qua Williamson
IRS990/Form990PartVIISectionAGrp/PersonNm9Scott Li
IRS990/Form990PartVIISectionAGrp/PersonNm10Mark Cicirelli
IRS990/Form990PartVIISectionAGrp/PersonNm11Justin Hamilton
IRS990/Form990PartVIISectionAGrp/PersonNm12Victoria Feltman
IRS990/Form990PartVIISectionAGrp/PersonNm13Elise Jouffroy
IRS990/Form990PartVIISectionAGrp/PersonNm14Natasha Kazmi
IRS990/Form990PartVIISectionAGrp/PersonNm15Kelly Opdyke
IRS990/Form990PartVIISectionAGrp/PersonNm16Kelly West
IRS990/Form990PartVIISectionAGrp/PersonNm17Lindsay Forbes
IRS990/Form990PartVIISectionAGrp/PersonNm18Jing Wang
IRS990/Form990PartVIISectionAGrp/PersonNm19Bonny Whitcher
IRS990/Form990PartVIISectionAGrp/PersonNm20Mary Pat Dowhy
IRS990/Form990PartVIISectionAGrp/PersonNm21Tenille Skelton
IRS990/Form990PartVIISectionAGrp/PersonNm22Matthew Bloom
IRS990/Form990PartVIISectionAGrp/PersonNm23Melissa Mack
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IRS990/Form990PartVIISectionAGrp/PersonNm25Loren De Nicola
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IRS990/Form990PartVIISectionAGrp/PersonNm27Karen Deinzer
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Parent Rep.
IRS990/Form990PartVIISectionAGrp/TitleTxt21Parent Rep.
IRS990/Form990PartVIISectionAGrp/TitleTxt22CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt23Assoc Head
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director of TEP
IRS990/Form990PartVIISectionAGrp/TitleTxt25Assoc Head
IRS990/Form990PartVIISectionAGrp/TitleTxt26Head Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt27Head Teacher
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IRS990/MissionDesc0We prepare children to be resilient, creative and independent problem solvers. We are leaders in teaching Montessori principles and incorporate the best practices of modern early childhood education in our classrooms.West Side Montessori School is a vibrant, collaborative community of passionate teachers, joyful children and engaged parents. Our diverse community is a reflection of the city in which we live.
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IRS990/NetAssetsOrFundBalancesBOYAmt028102692

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.8$22.7$29.1$15.1$15.3$0.16
2024Detailed filing. Detailed filing data is available for this year.$38.3$9.59$28.7$12.7$13.4$0.73
2023Detailed filing. Detailed filing data is available for this year.$37.4$8.90$28.5$11.3$11.8$0.47
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$34.5$6.50$28.0$10.4$10.6$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.7$5.47$31.3$12.6$10.3$2.37
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$33.9$5.32$28.6$10.5$10.0$0.53
2019Detailed filing. Detailed filing data is available for this year.$34.7$6.46$28.2$10.1$10.3$0.24
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.8$5.75$28.1$8.33$8.59$0.26
2017Detailed filing. Detailed filing data is available for this year.$32.2$4.74$27.4$8.03$8.15$0.12
2016Detailed filing. Detailed filing data is available for this year.$30.8$4.60$26.2$8.35$7.47$0.88
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$3.40$25.5$7.18$6.76$0.42
2014Detailed filing. Detailed filing data is available for this year.$28.5$3.55$25.0$6.48$6.63$0.15
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$26.6$3.11$23.5$7.48$6.23$1.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$3.19$21.5$6.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$3.50$21.3$5.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$2.57$19.8$4.80