Newton Montessori School Inc

EIN: 205197160 501(c)(3) Education

Newton Centre, MA

Total Revenue
$12,487,576
Total Expenses
$11,063,509
Total Assets
$5,848,916
Net Assets
$3,160,916
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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
2006
Legal Domicile
MA
Principal Officer
ELIZABETH BLACK
Phone
6179694488
Tax Period
2022-07-01 to 2023-06-30

Newton Montessori School Inc, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $12.5M in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $11.1M left a modest 11% surplus.

Mission

OPERATION OF MONTESSORI SCHOOL.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,947,529
Program Service Revenue $10,552,194
Investment Income $21,853
Other Revenue $-34,000
TOTAL REVENUE $12,487,576

Expense Breakdown

Grants Paid $1,422,430
Salaries & Benefits $6,405,455
Fundraising Expenses $11,541
Program Expenses $8,034,588
Other Expenses $3,235,624
TOTAL EXPENSES $11,063,509

Year-over-Year Comparison

2022 2021 Change
Revenue $12,487,576 $11,015,017 +0.1%
Expenses $11,063,509 $10,551,553 +0.0%
Net Income $1,424,067 $463,464 +2.1%
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
17
Independent Members
16
Employees
125
Volunteers
16

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
6
$510,794
Total Directors
17
$250,210
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH JOLLY CFO/COO, DIR. OF DEV. & LEGAL 40.0
Officer
$200,746 $59,838 $260,584
ELIZABETH BLACK HEAD OF SCHOOL 40.0
Officer Director
$240,566 $9,644 $250,210
CARA CANDAL PRESIDENT 1.0
Officer Director
$0 $0 $0
SABEENA CHACKO RASKIN VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
BRIAN ALFERMANN TREASURER 1.0
Officer Director
$0 $0 $0
JILL DUMAS CLERK 1.0
Officer Director
$0 $0 $0
DAVID BONO TRUSTEE 1.0
Director
$0 $0 $0
ERICA DEROSA TRUSTEE 1.0
Director
$0 $0 $0
CHAD HINKLE TRUSTEE 1.0
Director
$0 $0 $0
BOB KANE TRUSTEE 1.0
Director
$0 $0 $0
IAN LANG TRUSTEE 1.0
Director
$0 $0 $0
AMY PERRAULT TRUSTEE 1.0
Director
$0 $0 $0
ASHWIN RAJENDRA TRUSTEE 1.0
Director
$0 $0 $0
RUBEN RODRIGUES TRUSTEE 1.0
Director
$0 $0 $0
CHARLES RUDNICK TRUSTEE 1.0
Director
$0 $0 $0
AVI SPIER TRUSTEE 1.0
Director
$0 $0 $0
KERRY STEVENS TRUSTEE 1.0
Director
$0 $0 $0
DAVINA HARRIS-SWANN TRUSTEE 1.0
Director
$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 No data No data No data No data
2024 No data No data No data No data
2023 $12,487,576 $11,063,509 $5,848,916 $1,424,067
2023 $12,302,662 $11,318,778 $16,113,715 $983,884
2022 $11,015,017 $10,551,553 $5,410,157 $463,464
2021 $8,644,583 $8,562,831 $10,554,680 $81,752
2020 $7,237,573 $7,344,320 $9,356,315 $-106,747
2019 $6,368,273 $6,516,793 $8,366,595 $-148,520
2018 $5,659,791 $5,688,500 $7,586,708 $-28,709
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