Encore! Campaign Brochure

• Designing th eF ut u

Celebrating

Together! • re tu Fu

ther! • Designin e g gt To he re

Princeton

Montessori School Nurturing Potential. Igniting Passion.

Our School Princeton Montessori School is a prestigious educational institution with fifty years of service to the greater Princeton area, and is home to the renowned Princeton Center for Teacher Education, which ensures the strictest adherence of American Montessori Society standards for our school. We are an authentic Montessori institution, true to the values and mission of a Montessori education and 21st century best practices of education. The school offers education and care for children from infant through eighth grade.

The highly trained and dedicated faculty and staff of Princeton Montessori School value their strong connection with families, and work together to make the school a true support system for both students and parents. In addition, the school is governed by a Board of Trustees committed to the highest ethical standards in serving the financial and strategic interests of the school. Princeton Montessori School is proud of our work on behalf of the families we serve.

Our Mission Princeton Montessori School is dedicated to developing passion and nurturing the potential in each child, through the values and principles of the Montessori philosophy. We promote intrinsic motivation, independence, social responsibility, and a love of learning so that as global citizens, our students can lead fulfilling lives and work to better the world.

Our Vision As we look to the future, we envision a thriving, accessible, and diverse institution that is exceptional, progressive, environmentally friendly; and grounded in the philosophy of Montessori and best educational practices. Our future community of learners and their parents will be connected, equally dedicated, and supportive of the organization and its constituents. The strategic work we do in the coming years will be to this end.

“If help and salvation are to come to the world, they can only come from the children, for the children are the makers of men.� – Maria Montessori

• Designing th eF ut u

er! • Design ing geth To th e

Celebrating

Together! • re tu Fu

re

Encore! Designing Our Future - Together Princeton Montessori School is so proud to be celebrating 50 years of service to the Princeton community. We are dedicated to providing an exceptional Montessori education now and for years to come by securing a sound financial foundation that can be resourced for years to come.

We have all cheered “Encore!” after an outstanding musical performance to show our appreciation and entice the musicians to play another beautiful piece.

The 50th year campaign is truly an “Encore” performance coming out of 50 years of dedication, inspiration and growth. This campaign will provide Princeton Montessori with the financial capacity to continue providing the highest level of education to children for years to come.

Princeton Montessori School now an International Baccalaureate ® (IB) World School for the Middle Years Programme Princeton Montessori School has long been known for offering exemplary Early Childhood and Elementary programs guided by the principles of the Montessori approach to education. The school recently received authorization to offer an International Baccalaureate® (IB) Middle Years Programme for grades six through eight.

The IB Middle Years Programme offers a challenging framework that encourages students to make practical connections between their studies and the real world. IB programs compliment the Montessori approach by offering an education that focuses on teaching students to think critically and independently, and adapt a global view through their studies.

What’s New at Princeton Montessori School?

Implementation of a three-year strategic Plan Transparency in our Operations - An Annual Report has been sent to the community for the last two years Improved sports offerings - We outsource our fitness curriculum to expert sports instructors The School now has an active and engaged Parent Association We’ve hired a full-time health coordinator dedicated to the health and medical needs of students Improved campus safety; addition of security cameras throughout the building

Annual reading screenings for all students in grades K-fifth to benchmark progress On-site SSAT preparation for Middle School students Committees design to offer collaboration between parents, faculty, and administration on various topics (i.e., Diversity and Inclusion, Marketing, Retention, and 50th Events, to name a few!)

Improved student service offerings through partnerships with psycho-educational consultant Accountability for all faculty and staff through annual reviews and individualized growth and development plans

Financials (unaudited) for the 2017-18 Fiscal Year Princeton Montessori School’s fiscal year runs from September 1 to August 31. Princeton Montessori School’s revenues for the 2017-18 fiscal year totaled $5,682,567 against $5,410,812 of expenses and $220,181 of capital expenditures.

Our revenues are primarily driven by tuition and fees. Other sources of revenue include the SummerQuest program, PCTE (our teacher training program), and the Annual Fund, which continues to be essential to meet our basic expenses. In the fiscal year 2017-18, 86% of our revenues resulted from tuition and fees. Thanks to the donations of parents, staff, alumni and the Board of Trustees, the Annual Fund totaled $103,883 versus its budgeted target of $120,000.

Expenses were managed aggressively throughout the year: 68% of our revenues were paid to cover personnel salaries, benefits and professional development; 4% for supplies and activities; 6% for premises; 7% for operating expenses; and 10% to meet the interest and principal of the loans that financed the newest construction of our facilities.

We also paid down our second mortgage debt of $72,200 this year, yet still have $6,555,000 of debt against our first mortgage.

As planned, the school invested $220,181 of its net surplus of $271,755 to improve educational programming, employee compensation, facility maintenance and improvement, and technology.

Revenues: $5,682,567 n Net Tuition and Fees - $4,886,968 n Summer Quest - $447,653 n PCTE - $196,731 n Annual Fund - $103,883 n Other - $47,332

Expenses: $5,410,812 n Personnel - $3,891,279 n Supplies and Class Activities - $243,128 n Operating - $403,647 n Premises - $316,749 n Debt Service Coverage - $556,009

Surplus Income: $271,755 = 4.8%

Capital Expenditures: $220,181

Above presented figures are our unaudited financials for the 2017-18 Fiscal Year. They are sourced from the school’s financial management reports. Each year, an external auditor audits the school’s financials records and prepares an independent report on its findings by the end of November. This audit report is used for official filing purposes.

“Maria Montessori recognized that the foundational years of a person’s life are the most important for providing the very best environment, not only for learning, but for developing as a human being. A Princeton Montessori School education is the very best of Montessori and is an exceptional and proven investment in your child’s future. “ - Michelle Morrison, Head of School

Princeton Montessori School 487 Cherry Valley Road Princeton, New Jersey 08540 609-924-4594 www.princetonmontessori.org

Princeton

Montessori School Nurturing Potential. Igniting Passion.