2024-05-13T14:14:08-05:00 2023-06-30 462982708 FITZPATRICK LEARY & SZARKOLLC 1447 YORK ROAD STE 703 LUTHERVILLE MD 21093 990 2022-07-01 520821372 THE MONTESSORI SOCIETY OF CENTRAL MARYLAND INC MONT 4103218555 10807 TONY DRIVE LUTHERVILLE MD 21093 TAMARA BALIS HEAD OF SCHOOL 4103218555 2024-05-09 1 TAMARA BALIS 999009999 1 NICOLE R SZARKO CPA P00646988 4103071400 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GREENSPRING MONTESSORI SCHOOL TAMARA BALIS 10807 TONY DRIVE LUTHERVILLE MD 21093 5588902 0 X WWW.GREENSPRINGMONTESSORI.ORG X 1965 MD IGNITING PURPOSE AND VOICE IN A FULLY ENGAGED LEARNING COMMUNITY 14 14 83 100 0 0 699526 162393 4634706 5365985 61220 33154 147609 0 5543061 5561532 588823 757815 0 0 2829781 3582857 0 0 347518 1105989 1461592 4524593 5802264 1018468 -240732 13458406 15072241 6348904 8055507 7109502 7016734 TO PROVIDE EDUCATIONAL SERVICES FROM THE TODDLER TO THE MIDDLE SCHOOL LEVEL UTILIZING THE TEACHINGS AND PHILOSOPHY OF THE LATE DR. MARIA MONTESSORI. 0 0 4193832 757815 5365985 TUITION AND FEES RECEIVED IN EXCHANGE FOR THE EDUCATION OF CHILDREN AT THE PRIMARY, ELEMENTARY, AND MIDDLE SCHOOL LEVELS, FOLLOWING THE PRINCIPLES AND TECHNIQUES ADVOCATED BY THE LATE DR. MARIA MONTESSORI. TUITION AND FEES ARE ALSO RECEIVED IN EXCHANGE FOR THE TRAINING OF MONTESSORI PRIMARY TEACHERS IN ORDER TO FURTHER THE TEACHING PRINCIPLES AND PHILOSOPHY OF DR. MARIA MONTESSORI. 4193832 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 83 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 MD X SHANIE L NELSON 4103218555 10807 TONY DRIVE LUTHERVILLE MD 210933617 X LORI BAYLIN VICE CHAIR 2.00 X X 0 0 0 MARK BERMAN CHAIR 4.00 X X 0 0 0 NIGEL SEQUERIA TRUSTEE 1.00 X 0 0 0 JACIA SMITH TRUSTEE 1.00 X 0 0 0 SYLONDA DAVIS TRUSTEE 1.00 X 0 0 0 SIAMACK GHARANFOLI TRUSTEE 1.00 X 0 0 0 MICK SCOTT TRUSTEE 1.00 X 0 0 0 TERRI KELLOGG SECRETARY 2.00 X X 0 0 0 SHAWNA TRADER TRUSTEE 1.00 X 0 0 0 JOSH CORBIN TRUSTEE 1.00 X 0 0 0 TARYN MONTOYA TRUSTEE 1.00 X 0 0 0 CAMERON DENTON TRUSTEE 1.00 X 0 0 0 PATRICK SHERIDAN TRUSTEE 1.00 X 0 0 0 IAN GUERIN TRUSTEE 1.00 X 0 0 0 TAMARA BALIS HEAD OF SCHOOL 40.00 X 256690 0 48528 SHANIE NELSON DIRECTOR OF ACHIEVEMENT AND FINANCE 40.00 X 122250 0 12936 SHARI WOLF ASSISTANT HEAD OF SCHOOL 40.00 X 105236 0 9364 484176 0 70828 3 0 1 0 0 780 43621 117992 162393 TUITION AND FEES 611710 5365985 5365985 5365985 39293 39293 21231 11740 15630 9491 -15630 -6139 -6139 0 780 0 0 5561532 5365985 0 33154 757815 757815 265474 192662 47884 24928 2835849 2058075 511496 266278 32884 23211 8105 1568 221462 156315 54584 10563 227188 166589 38518 22081 10568 10568 26947 26947 8920 8920 37671 9345 28326 14647 5619 9028 19088 18424 664 15016 4001 11015 201350 201350 345266 326171 19095 69947 69947 REPAIRS AND MAINTENANCE 150538 150261 277 CLASSROOM SUPPLIES 100036 89703 9803 530 UTILITIES 74118 74118 PROFESSIONAL DEVELOPMEN 67806 47850 19956 319674 137716 170080 11878 5802264 4193832 1260914 347518 2411860 2360649 126264 126330 119653 79439 293416 61371 25496 40190 14438084 3415628 7490034 11022456 856336 995449 199415 220193 1935932 166164 13458406 15072241 654386 322045 1195352 1314694 3625000 3492000 800778 2894914 73388 31854 6348904 8055507 X 6724122 6709958 385380 306776 7109502 7016734 13458406 15072241 -240732 147964 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 199415 20778 220193 233088 -33673 199415 204931 55362 27205 233088 197248 9180 1497 204931 196608 9891 9251 197248 0.68340 0.31660 1 0 30000 30000 10588139 1392900 9195239 3331613 1607279 1724334 488332 415449 72883 11022456 OPERATING LEASE LIABILITIES 31854 31854 X 5237617 147964 -462959 -314995 5552612 8920 8920 5561532 5330385 0 5330385 8920 462959 471879 5802264 PART V, LINE 4: THE SCHOOL'S ENDOWMENTS CONSIST OF 2 FUNDS ESTABLISHED TO SUPPORT A VARIETY OF SCHOLARSHIPS AT THE SCHOOL. THE FUNDS ARE HELD WITHIN THE BALTIMORE COMMUNITY FOUNDATION TO BE USED FOR THE SUPPORT OF THE CHARITABLE OR EDUCATIONAL PURPOSES OF THE SCHOOL. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR INCOME TAX PROVISIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CONCEPT TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAINTY IN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT JUNE 30, 2023 AND 2022 FOR UNCERTAIN INCOME TAX POSITIONS. THE SCHOOL CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE SCHOOL HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE, AND IT WILL CLASSIFY ANY RELATED PENALTIES IN MANAGEMENT AND GENERAL EXPENSES IN THE STATEMENTS OF FUNCTIONAL EXPENSES. THE SCHOOL IS SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE CURRENT YEAR AND THE LAST THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION AND FEE DISCOUNTS NETTED WITH REVENUE ON THE FS, BUT INCLUDED IN EXPENSES ON THE FORM 990 -462,959. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION AND FEE DISCOUNTS INCLUDED IN REVENUE ON FS BUT EXPENSES ON FORM 990 462,959. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 LISTED ON WEBSITE, IN MANUALS AND OTHER LITERATURE - "WE WELCOME ALL STUDENTS REGARDLESS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, GENDER, OR DISABILITY." 1 EDUCATION - SCHOLARSHIPS 24 294856 EDUCATION - TUITION ASSISTANCE 65 462959 SCHEDULE I, PART I, LINE 2: FINANCIAL ASSISTANCE IS AWARDED TO STUDENTS IN THE FORM OF SCHOLARSHIPS BASED ON FINANCIAL NEED. THERE IS ALSO A STAFF TUITION BENEFIT IN WHICH STAFF MEMBERS RECEIVE A REDUCTION OF TUITION FOR THEIR CHILDREN ATTENDING THE SCHOOL. X X X X 0 0 0 0 0 0 0 1 0 TAMARA BALIS HEAD OF SCHOOL 225501 0 31189 0 0 0 0 0 48528 0 305218 0 0 0 PART I, LINE 7 THE HEAD OF SCHOOL RECEIVES NON-FIXED PAYMENTS IN THE FORM OF BONUS COMPENSATION. THE NON-FIXED PAYMENT IS IN THE RANGE OF FIFTEEN PERCENT OF BASE SALARY PROVIDED THAT THE INDIVIDUAL SATISFACTORILY ACHIEVED THE ENROLLMENT GOALS, FUNDRAISING GOALS, AND OTHER GOALS IDENTIFIED BY THE BOARD. THE NON-FIXED PAYMENT AND FACTORS UPON WHICH IT MAY BE BASED IS DETERMINED BY THE BOARD IN ITS SOLE AND ABSOLUTE DISCRETION. A BALTIMORE COUNTY MARYLAND NONEAVAIL 2016-06-01 4000000 ECONOMIC DEVELOPMENT REVENUE BOND - TO FINANCE IMPROVEMENTS ON CAMPUS 0 0 0 A 4000000 4000000 2018 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 1 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE, THE EXECUTIVE COMMITTEE, AND THE HEAD OF SCHOOL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN CONFLICT OF INTEREST STATEMENTS AND THE BOARD MONITORS EACH MEMBER'S COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS BASED ON CONTRACTED AMOUNTS FOR A ONE TO THREE-YEAR PERIOD. A COMPENSATION COMMITTEE MADE UP OF INDEPENDENT BOARD MEMBERS WHO ARE ALSO PART OF THE EXECUTIVE COMMITTEE IS CHARGED WITH DRAFTING THE CONTRACT FOR EACH CONTRACT PERIOD. INFORMATION FROM THE ASSOCIATION OF INDEPENDENT MARYLAND AND DC SCHOOLS (AIMS) IS AVAILABLE TO ASSIST IN DETERMINING IF CONTRACTED COMPENSATION IS WITHIN REASON BASED ON COMPARABLE POSITIONS IN THE AREA. THE DELIBERATION AND DECISION OF COMPENSATION RELATED MATTERS ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES AND FINAL COMPENSATION DECISIONS MADE BY THE COMMITTEE ARE PRESENTED TO THE FULL EXECUTIVE COMMITTEE AND BOARD FOR FINAL APPROVAL. THIS PROCESS WAS LAST UNDERTAKEN FOR THE 2024-2025 SCHOOL YEAR FOR A ONE YEAR CONTRACT PERIOD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE ASSUMES RESPONSBILITY FOR THE OVERSIGHT OF THE AUDIT.