TMA Annual Report 22-23

A n n u a l R e p o r t

Mission

The Montessori Academy is true to the teachings of Dr. Maria Montessori. We create an environment that cultivates the child's intellect, instills responsibility, fosters respect, and inspires care for the community.

The Case for Montessori

The Montessori Academy has a progressive educational program with an approach dedicated to promoting self-worth, selfdiscipline, and a passion for learning. Our students enjoy and benefit from timeproven ideas and practices that value individuality and address the academic, social-emotional, and physical development of the whole child.

BOARD OF TRUSTEES

BOARD OF TRUSTEES

Officers

Erin Corcoran - President

Kiara Moore - Vice President

Kat Lyvers - Treasurer

Julia Sama - Secretary

Members

Ansley Covey

Angela Cressy Deane

Corey Hurcomb

Jen LaPrad

Jeff Miars

from the President of the Board of Trustees

Dear TMA Community,

On behalf of the Board of Trustees, I want to thank you for your dedication, support and enthusiasm to provide excellent Montessori education to our students and instill a love for life time learning. First, the staff here at TMA are the backbone and life blood to this school and all of its successes. Continually, I am impressed with their professional and personal commitment to each individual student at TMA and their willingness to work tirelessly to ensure each student has what they need to succeed. In addition, our parents/caregiver engagement with their children is inspiring. The Board of Trustees looks forward to hearing more about your ideas and suggestions for new ways of improving our school and its community. I want to take a moment to express my gratitude to Jen LaPrad, the Past President of the Board for her exceptional leadership

This past year was particularly exciting as the school was able re-engage in many events and activities that were put on hold during COVID. Our community ran, walked and cheered at the annual Fall Frolic race in October, which raised significant funds for the Montessori Classroom at the Center for the Homeless. This classroom served 14 students this past year at no cost to these children’s families who are guests of the Center. In addition, our 8th years were able to return to weekly visits to the Center for the first time since COVID as part of their community engagement, a cornerstone of Montessori education. Finally, we were able to make key investments in the school’s physical infrastructure and safety for our students due to the generosity of our community members.

This year is already underway and the excitement from the students and staff is palpable. Planning for Fall Frolic and Windfall has begun in earnest and we look forward to your participation and support for these events.

Finally, thank you to Randy for his leadership at school and commitment to the wellbeing of the students Here is to another great year!

Erin B. Corcoran

Dear TMA Families,

On behalf of the entire faculty and staff of The Montessori Academy, thank you for your partnership and support in making the 2022-2023 school year another successful one for our students. In this annual report, you will see just how important your partnership is, and some of the many reasons our school is so unique and vital.

The list of donors highlighted in this report includes our community members who give, not just financially, but also of their valuable time. You will see the many businesses that support TMA. And please take note of how many teachers and staff members, who are so committed to our students everyday, also donate their hard earned dollars to support their school. I can't think of a more gratifying vote of confidence.

I'd also like to thank the Board of Trustees for their stewardship and guidance. Each member of the Board gives of their time, their talents and through generous donations, while also providing valuable oversight. Heartfelt gratitude goes to Jen LaPrad, immediate Past President of the Board of Trustees whose term coincides with this annual report, and who led the Board with a gracious and steady hand.

As we look forward to a new school year, I want to again thank you for your past support, and humbly ask that you continue your commitment to TMA, as we continue to honor our commitment to you.

Sincerely,

Randy Kelly

Our Diversity is our Strength

In the 2022-2023 school year, Parents of TMA's student body originated from more than 30 countries. Our rich cultural environment leads to deep interpersonal learning and develops leaders capable of understanding and compassion.

At the same time we are working to increase staff and teacher salaries and improve our facilities and programming, we have not raised tuition rates in our Elementary and Junior High for more than six years. To make all that possible, we rely on the generosity of our community.

Best Practices

TMA was the first dually-accredited school in our region, and one of the first anywhere, earning that distinction 20 years ago from the American Montessori Society and the Independent Schools Association of the Central States. We choose to continue that rigorous process in order to hold ourselves accountable to the highest standards of Montessori and Independent schools nationwide.

QUICK FACTS

Founded in 1969

Our Parents originate from 32 countries

40% of our Teachers hold advanced degrees

34% of our families receive financial assistance

in the past 10 years, over 12% of our graduates were Valedictorians or Salutatorians of their HS graduating class

99% of our graduates attend college

Our graduates attend the universities of Notre dame, Indiana, Purdue, Michigan, syracuse, brown, St. lawrence, Boston College, and Oxford among many others

BUDGET BREAKDOWN

INCOME

BUDGET BREAKDOWN

EXPENSES

FINANCIAL SUMMARY

At the end of June 2023, The Montessori Academy had total assets of $2,216,904 with an endowment of just over $94,000 held by the Community Foundation of St. Joseph County. As is the case for most independent schools, tuition remains the largest source of income, accounting for over 80%, while personnel costs constitute the majority of TMA's expenses.

To continue to enhance our programming and facilities, and attract and retain the most qualified and talented faculty and staff, each year we rely on the generosity of our community to make up the difference between our tuition revenue and the cost of running the school. Through our Annual Fund drive, SGO, our Windfall Gala and other events and giving initiatives, there are several ways you can contribute to TMA, to help us maintain the standard of excellence you ' ve come to expect.

Please consider making a tax deductible donation to support our academic programming and our exceptional teachers and staff. A donation to our Scholarship Granting Organization (SGO) also allows Indiana residents and businesses to receive a 50% State tax credit.

2022-2023 Giving

We are Grateful for your Generosity

Our community made generous contributions of their time, talent, and treasure in a variety of ways throughout the 2022-2023 school year. We offer our deepest appreciation for their partnership in helping us provide transformational experiences for our students.

Paula Abraham

Nancy Alcala

Kiernan and Bill Anzelc

Angie Deane and Noah Armstrong

Antoinette Atkins

Stacey Austin

William Bagatini

Margaret Bailey Ulloa

Melissa and Todd Baldwin

Mary Barrett

Jessica Bauer-Reyes

Anthony Beatriz

Sofia Gutierrez and Luis Benavente

Marsha Berta

Kim and Ed Bosworth

Chessa Brewton

Hilary Slemp and Ryan Brown

Lisa Bujtas

Kelly and Jeremy Bunnell

Elsa Casault

Patty and Matthew Champion

Kimberly and Jason Cioch

Erin and Allen Clark

Jonathan Collins

Michele and Christopher Collins

Erin Corcoran

Ansley and Joseph Covey

Chad Crabtree

Mariah and George Cressy III

Jetta Cruse

Jennifer Culp

Lauren and Abhiskek Das

Hedy and Ethan De Nolf

Maureen Delahanty

Patrick Delahanty

Shawn Delahanty

Claire and Paul DeLano

Kaitlin and Eric DeLeon

Kory DeMeulenaere

Krystin Deneen

Tom Dincolo

Lauren Yowell and Dylan Downing

Jacquelyn Doyle

Lydia Dreyer

Jennifer and Kevin Dudley

John and Rachel Dunbar

Carrie and Justin Dunnem

Tom and Libby Eisele

Mary Jane Elias

Yolanda and Corey Fair

Rebecca Fama Parker

Deborah Fleming

Ana Flores-Mireles

Scott Foley

Shawn Foley

Terri Foley

Aliya Franco

Erin and Michael Gaul

Annie and Kevin Geary

Chloe and Shea Gibbs

Kristi Gouker

Krysta and Steve Gowen

Steve Grenchik

Helen Grigoriadis

Noor and Dino Hadzimesic

Rowenna Miller and Randall Hamper

Avis Barker and Gary Heaggans

Audrey Herzberg

Carly Chelminiak and Brian Herzog

Jennifer Hlawacz

Colleen Hodges

Brittani Hoff

Michelle Hogan

Alana and Michael Hollerbach

Eric Horvath

Laney Smous and Gage Hudak

Suzette and John Hudak

Nicci and Corey Hurcomb

Linda Jamieson

Thalia Pachiyannakis and Christopher

Jordan

Rachel and Matt Jun

Elizabeth and Nick Kanczuzewski

Autumn and Tommy Kaylor

Randy Kelly

Ramona and George Kim

Jesse Knibbs

Susan Knibbs

Minhee Myung and Benjamin Koch

Kathy and Brian Kolata

Liz Lacampo

Carol Lambert

Jennifer Laprad

Stephanie and Steve Larimore

Shelly Laurinaitis

Corissa and Kelly Lawrence

Beth and Jim Leep

Heather Merrill and Chad Legus

Tara Leonard

Anne Westrate and Zachary Leshen

Susannah Rooney and Kyle Loescher

Peter Lombardo

Diane Lutomski

Kat and Timothy Lyvers

Kathryn and Mark Main

Kate and Nick Mainieri

William Mann

Stacey and Joe Mare

David Mattingly

Julie and Mark McGill

Caitlin and Justin McNally

Kayley Merencsics

Sarah Overholser and Romulo Merino

Linda Meyer

Leah and Jeff Miars

Jackie Minix

Jessica Morales

Kris Mramor

Helen Muffoletto

Jack Muffoletto

Kathleen Murzyn

Leah Nelson

Lisa and Eric Oglesbee

Rebecca Parker

Mary Petrasovits

Michael Poole

Jodi Price

Christian Rackley

Timothy Reilly

Ashlie and Justin Reinke

Jacque and Jeffrey Richardson

Meg Rooney

Jayme Russell

Barb Harvey and Wally Rustin

Julia and Andrew Sama

Kelly and Jaime Sanchez

Stephanie and Matt Schilling

Amber and Bryan Schindler

Julie and Phil Schreiber

Micki Seel

Jim Seitz

Samantha and Steven Slaubaugh

Annastecia Spano

Colleen Spano

Ashley and Adam Sparks

Rose Wollman and Daniel Stein

Heather and Michael Steinhofer

Brandy and Stoyan Stoyanov

Nicole and Daniel Strash

Megan Sulok

Sherry and Larry Swank

Patrick Sweeney

Camecia Taylor

Sarah Tepe

Margaret Ulloa

Drew and Brody Vance

Karen Vaughan

Donna Voor

Tim Walton

Holly and Mark Welch

Connie Wendt

Matthew Wetzel

Jason Williams

Stevie and Alastair Willis

Traci Woolverton

Madison Wrisley

Diana and Donald Wroblewski

Kathy Ziege

Businesses and Foundations that Support TMA

1st Source Bank

32 Pearls Family Dentistry

AmazonSmile Foundation

Arnt Asphalt Sealing Inc.

Box Tops for Education

Bradley Company

Buffalo Wild Wings

Camden Appliance

Children's Museum Indianapolis

Cinco 5

Corndance Tavern

Crooked Ewe Brewery & Ale House

CSZ Indianapolis

Drive & Shine, Inc

E3 Robotics Center

Elite Clean

Fernwood Botanical Garden

Footprints Dance Studio Acquisition, LLC

Four Winds Casinos

Generations AdventurePlex

Genesis Products LLC

Hacienda Mexican Restaurants

HGR Group

Hilton Garden Inn - South Bend

Indy Eleven Professional Soccer

JWAS Foundation

Lawrence Medical Inc.

Leep Family Foundation

Lippert

Logistick Inc.

Malnati Organization, Inc.

Martin's Super Markets

Mike's Auto Salvage & Towing

Morris Animal Hospital

My Hot LunchBox, LLC

Nelnet Business Solutions

Orchard Hills Country Club

Quality Dining

Rio Park Events LLC

Ruthmere Museum

Samaritan Family Health & Counseling, Inc.

Science Central

Silver Beach Pizza

SMP Marketing, LLC

Soccer Shots Northern Indiana

The Beard & the Boss

The Cressy Foundation

The Field Museum

Total Wine & more

University of Notre Dame

Walkerton Tool & Die, Inc.

You Are Beautiful Gallery

A BRIEF HISTORY

And Long Range Planning

In 1980, after eleven years in several different locations, TMA's Early Childhood building on Day Road was dedicated by the Reverend Theodore Hesburgh, President of the University of Notre Dame. This new location was thanks to a gift of property by Pat and Don Cressy and the fundraising efforts of several founding families. Then in 1989, the Main Building was dedicated and in 1998, the gymnasium wing was added.

The picture below is one of the original campus plans The goal has always been to eventually connect the buildings and add more dedicated classroom space As we look to the future, we will determine the viability of taking on a Capital Campaign initiative to further expand our campus.

Thank You

Be Kind Be Curious Be Grateful

530 East Day Road, Mishawaka, Indiana 46545

phone: 574-256-5313 fax: 574-256-5493

www.tmael.org