2024-05-15T10:37:26-05:00 2023-06-30 232226550 MMQ & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2022-07-01 475504807 DISCOVERY MULTIPLE INTELLIGENCES PRESCHOOL DISC 5708001937 1301 BEECH STREET SCRANTON PA 18505 STACY NIVERT EXECUTIVE DIRECTOR 5708001937 2024-05-14 1 STACY NIVERT 999009999 1 STEPHANIE MIHAL CPA P01250896 5709610345 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STACY NIVERT 1301 BEECH STREET SCRANTON PA 18505 886208 0 X WWW.MYDISCOVERYPRESCHOOL.ORG X 2015 PA TO PROVIDE HIGH-QUALITY MONTESSORI EDUCATION PROGRAMS TO A DIVERSE RANGE OF STUDENTS FROM ACROSS THE SCRANTON AREA. 8 7 18 0 0 0 140750 173281 428809 712922 2 5 11117 0 580678 886208 0 0 0 0 394116 569549 0 0 1484 187394 369222 581510 938771 -832 -52563 825995 765965 563957 556490 262038 209475 TO PROVIDE HIGH-QUALITY MONTESSORI EDUCATION PROGRAMS TO A DIVERSE RANGE OF STUDENTS FROM ACROSS THE SCRANTON AREA. 0 0 842121 712922 THE EDUCATION OF STUDENTS IN ACCORDANCE WITH THE MONTESSORI PHILOSOPHY AND PRACTICES. 842121 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 2 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X STACY NIVERT 5708001937 1301 BEECH STREET SCRANTON PA 18505 X MARIANNE DAVIS PRESIDENT 1.00 X X 0 0 0 MARTHA DAVIS VICE PRESIDENT 1.00 X X 0 0 0 MICHELLE DUDLEY SECRETARY 1.00 X X 0 0 0 AARON NIVERT TREASURER 1.00 X X 0 0 0 PATRICIA STAPLES DIRECTOR 1.00 X 0 0 0 NICOLE COSTANZO DIRECTOR 1.00 X 0 0 0 DEREK FELSMAN DIRECTOR 1.00 X 0 0 0 CARINA HAVENSTRITE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 78513 94768 173281 TUITION REVENUE 611110 712922 712922 712922 5 5 886208 712922 0 5 521961 471531 50430 47588 42990 4598 7611 7611 3945 3945 73667 66980 6687 18346 18346 25511 25511 43475 39997 3478 18194 16738 1456 STUDENT MEALS 104528 104528 SCHOOL SUPPLIES 56219 56219 REPAIRS AND MAINTENANCE 9649 8877 772 TUITION EXPRESS FEES 3377 3377 4700 982 2234 1484 938771 842121 95166 1484 10169 4298 79723 48847 21476 840732 127912 714627 712820 825995 765965 23601 38330 4950 336319 323712 199087 194448 563957 556490 X 262038 209475 262038 209475 825995 765965 -52563 0 X 1 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38765 38765 682069 78853 603216 61327 24765 36562 55558 24294 31264 3013 3013 712820 NOTES PAYABLE - RELATED PARTIES 153948 LINE OF CREDIT 40500 194448 X 886208 0 886208 0 886208 938771 0 938771 0 938771 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2020. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS PUBLISHED IN THE BYLAWS, ON THE WEBSITE AND IN ADVERTISEMENTS FOR THE SCHOOL. ROSALIND HUME MOTHER TO EXECUTIVE DIRECTOR, STACY NIVERT ROSALIND HUME, VIA A FORMAL LOAN AGREEMENT, IS A RELATED PARTY LENDER TO THE SCHOOL, WITH AN AMOUNT DUE OF $153,948 AT JUNE 30, 2023. THE LOAN IS TO BE REPAID IN MONTHLY INSTALLMENTS OF $1,000 BEGINNING SEPTEMBER 2019. THE PURPOSE OF THE LOAN WAS FOR STARTUP OF THE SCHOOL. 0 NIVERT METAL RELATED COMPANY OF THE BOARD TREASURER, AARON NIVERT THE COMPANY IS A GUARANTOR OF THE LINE OF CREDIT IN THE AMOUNT OF $40,500 OUTSTANDING AT JUNE 30, 2023. 0 FORM 990, PART VI, SECTION A, LINE 2 AARON NIVERT, TREASURER, AND STACY NIVERT, EXECUTIVE DIRECTOR, ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 IS REQUIRED TO BE PROVIDED TO ALL BOARD MEMBERS AT LEAST TEN (10) DAYS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (E) UNDERSTANDS THAT THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAXEXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST