VIRGIN ISLANDS MONTESSORI SCHOOL INC

EIN: 670253545 501(c)(3) Education

St Thomas, VI

Total Revenue
$5,694,512
Total Expenses
$5,628,240
Total Assets
$12,452,006
Net Assets
$7,813,414
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
VI
Principal Officer
STEVE TULK
Phone
3407756360
Tax Period
2024-07-01 to 2025-06-30

VIRGIN ISLANDS MONTESSORI SCHOOL INC, founded in 1964, is a community nonprofit in the Education sector that reported $5.7M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

The school is committed to providing an Education for Life, consistent with Montessori principles, reflecting the richness of our culture and upholding international college preparatory standards.

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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 $517,064
Program Service Revenue $4,301,446
Investment Income $777,850
Other Revenue $98,152
TOTAL REVENUE $5,694,512

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,120,388
Fundraising Expenses $74,508
Program Expenses $4,391,264
Other Expenses $1,507,852
TOTAL EXPENSES $5,628,240

Year-over-Year Comparison

2024 2023 Change
Revenue $5,694,512 $7,088,952 -0.2%
Expenses $5,628,240 $5,316,665 +0.1%
Net Income $66,272 $1,772,287 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
N/A
Employees
118
Volunteers
N/A

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
3
$0
Total Directors
9
$0
Key Employees
1
$150,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLORIA ARPASI HEAD OF SCHOOL 040.00
Key Emp
$150,000 $0 $150,000
BRAD KAPPEL TRUSTEE 002.00
Director
$0 $0 $0
KEVIN LIKENS TRUSTEE 002.00
Director
$0 $0 $0
JEFF PICKET TRUSTEE 002.00
Director
$0 $0 $0
ENRIQUE RODRIGUEZ TRUSTEE 002.00
Director
$0 $0 $0
GREG FERGUSON TRUSTEE 002.00
Director
$0 $0 $0
MICHAEL HOLT TRUSTEE 002.00
Director
$0 $0 $0
EHREN HENDERSON TRUSTEE 002.00
Director
$0 $0 $0
LISA ACQUI TRUSTEE 002.00
Director
$0 $0 $0
STEPHEN BROOMES TRUSTEE 002.00
Director
$0 $0 $0
STEVE TULK PRESIDENT 002.00
Officer
$0 $0 $0
THOMAS BRUNT IV VICE PRESIDENT 002.00
Officer
$0 $0 $0
DARIEN TORRICE-HAIRSTON SECRETARY 002.00
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 $5,694,512 $5,628,240 $12,452,006 $66,272
2023 $6,120,118 $6,010,594 $10,363,550 $109,524
2023 No data No data No data No data
2022 $3,983,026 $4,919,843 $10,780,530 $-936,817
2021 $6,258,599 $4,375,921 $10,940,872 $1,882,678
2020 $5,933,562 $4,274,192 $8,379,698 $1,659,370
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