GREAT BEGINNINGS MONTESSORI SCHOOL

EIN: 061457373 501(c)(3)

FAIRFIELD, CT

Total Revenue
$1,173,792
Total Expenses
$1,083,446
Total Assets
$1,773,065
Net Assets
$1,125,442
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CT
Principal Officer
KAREN CUSANELLI
Phone
2032548208
Tax Period
2024-07-01 to 2025-06-30

GREAT BEGINNINGS MONTESSORI SCHOOL, founded in 1997, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 8% surplus.

Mission

GREAT BEGINNINGS MONTESSORI SCHOOL IS A NURTURING ENVIRONMENT OF EDUCATORS AND FAMILIES WHICH AIMS TO SUPPORT THROUGH THE PREPARED MONTESSORI ENVIRONMENT THE DEVELOPMENT OF EACH CHILD'S POTENTIAL THROUGH ACTIVITIES THAT PROMOTE INDEPENDENCE, PHYSICAL COORDINATION, EMOTIONAL GROWTH, SOCIAL COMPETENCE, COGNITIVE PREPARATION, ACADEMIC EXCELLENCE, AND SPIRITUAL NOURISHMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,780
Program Service Revenue $1,009,410
Investment Income $101,759
Other Revenue $37,843
TOTAL REVENUE $1,173,792

Expense Breakdown

Grants Paid $39,100
Salaries & Benefits $815,882
Fundraising Expenses $27,663
Program Expenses $934,021
Other Expenses $228,464
TOTAL EXPENSES $1,083,446

Year-over-Year Comparison

2024 2023 Change
Revenue $1,173,792 $1,148,115 +0.0%
Expenses $1,083,446 $1,094,238 0.0%
Net Income $90,346 $53,877 +0.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
2
Employees
16
Volunteers
20

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$194,896
Total Directors
8
$256,992
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA BURNIM VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
KAREN CUSANELLI VP & DIRECTOR OF SCHOOL 40.00
Officer Director
$132,650 $0 $132,650
KAREN TAYLOR DIRECTOR 40.00
Director
$55,036 $0 $55,036
LISA GREEN DIRECTOR 0.50
Director
$0 $0 $0
LORI QUELL PRESIDENT 40.00
Director
$69,306 $0 $69,306
MARCIA CLARK DIRECTOR 0.50
Director
$0 $0 $0
MARY LAUREN FACTORA DIRECTOR 0.50
Director
$0 $0 $0
MELODY WATERHOUSE DIRECTOR 0.50
Director
$0 $0 $0
CHARLES CSASZAR FINANCE COMMITTEE 5.00
Officer
$0 $0 $0
DANA KANE MARKETING DIRECTOR 40.00
Officer
$62,246 $0 $62,246
PETER BURNIM TREASURER 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,173,792 $1,083,446 $1,773,065 $90,346
2024 $1,148,115 $1,094,238 $1,746,376 $53,877
2023 $1,322,961 $1,146,223 $1,753,184 $176,738
2022 $1,103,577 $987,362 $1,178,260 $116,215
2021 $1,132,592 $963,740 $993,333 $168,852
2020 $1,071,264 $987,803 $552,702 $83,461
2019 $984,456 $876,825 $603,689 $107,631
2018 $856,518 $836,477 $569,672 $20,041
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