Civic Intelligence

Montessori Connection Nfp

990 • Fiscal year 2022 • EIN 20-3173076

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 13, 2023

1731 Deerfield RoadHighland Park, IL 60035

(847) 831-9393

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.43x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.09x

Higher debt load relative to revenue than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

42nd percentile

2.8%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

60th percentile

$81,111

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

85th percentile

38%

Faster asset growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

45th percentile

2.8%

Faster revenue growth than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$329,667

Up $91,282 (+38%) from 2021

Net Assets

Up

$187,795

Up $44,239 (+31%) from 2021

Liabilities

Up

$141,872

Up $47,043 (+50%) from 2021

Revenue

Up

$1,573,996

Up $42,915 (+2.8%) from 2021

Expenses

Up

$1,529,757

Up $168,425 (+12%) from 2021

Net Income

Down

$44,239

Down $125,510 (-74%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2010: $31,310Liabilities 2010: $112,080Net Assets 2010: -$80,7702010Assets 2011: $53,711Liabilities 2011: $118,401Net Assets 2011: -$64,6902011Assets 2012: $92,554Liabilities 2012: $128,758Net Assets 2012: -$36,2042012Assets 2013: $35,649Liabilities 2013: $102,242Net Assets 2013: -$66,5932013Assets 2014: $23,040Liabilities 2014: $101,187Net Assets 2014: -$78,1472014Assets 2015: $47,614Liabilities 2015: $81,538Net Assets 2015: -$33,9242015Assets 2016: $92,640Liabilities 2016: $85,777Net Assets 2016: $6,8632016Assets 2017: $97,918Liabilities 2017: $101,443Net Assets 2017: -$3,5252017Assets 2018: $82,642Liabilities 2018: $99,479Net Assets 2018: -$16,8372018Assets 2019: $75,079Liabilities 2019: $121,895Net Assets 2019: -$46,8162019Assets 2020: $56,283Liabilities 2020: $82,476Net Assets 2020: -$26,1932020Assets 2021: $238,385Liabilities 2021: $94,829Net Assets 2021: $143,5562021Assets 2022: $329,667Liabilities 2022: $141,872Net Assets 2022: $187,7952022Assets 2023: $579,361Liabilities 2023: $255,520Net Assets 2023: $323,8412023Assets 2024: $640,745Liabilities 2024: $193,070Net Assets 2024: $447,6752024

Highlighted filing

2022

Assets$329,667
Liabilities$141,872
Net Assets$187,795

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $943,506Expenses 2010: $966,691Net Income 2010: -$23,1852010Revenue 2011: $1,005,955Expenses 2011: $989,875Net Income 2011: $16,0802011Revenue 2012: $1,061,447Expenses 2012: $1,032,961Net Income 2012: $28,4862012Revenue 2013: $1,056,918Expenses 2013: $1,087,067Net Income 2013: -$30,1492013Revenue 2014: $1,037,746Expenses 2014: $1,049,300Net Income 2014: -$11,5542014Revenue 2015: $1,133,106Expenses 2015: $1,088,883Net Income 2015: $44,2232015Revenue 2016: $1,194,387Expenses 2016: $1,153,600Net Income 2016: $40,7872016Revenue 2017: $1,209,633Expenses 2017: $1,220,021Net Income 2017: -$10,3882017Revenue 2018: $1,194,798Expenses 2018: $1,227,894Net Income 2018: -$33,0962018Revenue 2019: $1,203,695Expenses 2019: $1,233,674Net Income 2019: -$29,9792019Revenue 2020: $1,184,363Expenses 2020: $1,163,740Net Income 2020: $20,6232020Revenue 2021: $1,531,081Expenses 2021: $1,361,332Net Income 2021: $169,7492021Revenue 2022: $1,573,996Expenses 2022: $1,529,757Net Income 2022: $44,2392022Revenue 2023: $1,745,632Expenses 2023: $1,609,586Net Income 2023: $136,0462023Revenue 2024: $1,807,968Expenses 2024: $1,684,134Net Income 2024: $123,8342024

Highlighted filing

2022

Revenue$1,573,996
Expenses$1,529,757
Net Income$44,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 13, 2023
Return Version
2022v5.0
Gross Receipts
$1,573,996
Mission and Program Overview

Mission

Education of children from ages 2 through kindergarten.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,209$171,684▲ $15,475
Savings and Temporary Cash Investments$75,175$146,765▲ $71,590
Land, Buildings, and Equipment, Net$4,711$11,218▲ $6,507
Accounts Receivable$2,290--
Total Assets$238,385$329,667▲ $91,282
Liabilities
Accounts Payable and Accrued Expenses$85,899$98,282▲ $12,383
Deferred Revenue$8,930$43,590▲ $34,660
Total Liabilities$94,829$141,872▲ $47,043
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$143,556$187,795▲ $44,239
Total Net Assets Fund Balance$143,556$187,795▲ $44,239
Total Liabilities and Net Assets / Fund Balance$238,385$329,667▲ $91,282

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,519$24,827$31,346
Leasehold Improvements$3,319$12,518$15,837
Equipment$1,380$12,844$14,224
Compensation and Service Providers

Employees

NameTitleBaseTotal
Patricia ParkerSecretary$81,111$81,111
Norma MorleyTreasurer$55,700$55,700
Laurie WardExecutive Director/Board Member$55,006$55,006
Angela GatzDirector$47,083$47,083
Carol LeePresident$23,156$23,156
Nettie ParksDirector$2,464$2,464

Board Members and Trustees

NameTitle
Jennifer Van CleveVice President
Ann PhillipsDirector
Carshae DahlDirector
Heather FrankelDirector
Katie GraffDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$95,379
Program Service Revenue
$1,472,645
Investment Income
$652
Other Revenue
$5,320
All Other Contributions
$14,091
Change in Net Assets
$44,239

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,573,996
Total Revenue per Audited Statements
$1,573,996
Total Revenue per Form 990
$1,573,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,201,218
Other Expenses$328,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$792,894$13,838-$806,732
Current Officers, Directors, Trustees, and Key Employees-$264,520-$264,520
Occupancy$99,374$17,537-$116,911
Payroll Taxes$60,631$21,286-$81,917
Other Employee Benefits$35,564$12,485-$48,049
Office Expenses$36,772$10,648-$47,420
All Other Expenses$17,180$2,874-$20,054
Other Expenses$7,366$1,842-$9,208
Fees for Services Accounting-$8,750-$8,750
Advertising$8,017--$8,017
Insurance$5,572$2,388-$7,960
Fees for Services Other-$3,489-$3,489
Information Technology$239$2,148-$2,387
Travel$2,150--$2,150
Depreciation Depletion$1,362$340-$1,702
Conferences and Meetings-$605-$605
Total Functional Expenses$1,164,486$365,271$0$1,529,757

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,529,757
Total Expenses per Audited Statements$1,529,757
Total Expenses per Form 990$1,529,757
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2

Two board members are sisters.

Form 990, Part VI, Line 11B

Board Members receive an electronic copy of form 990 prior to filing. The independent CPA hired to audit financial statement and prepare the information returns is available to address questions or concerns prior to filing and meets annually with the board to conduct a board review of the financial statements and information returns.

Form 990, Part VI, Line 19

The Organization management provides upon request information subject to public disclosure. Additionally, three most recent years of form 990 filed by the Organization are available at Guidestar.org.

Filing and Contact Details

Filer

Filer Name
Montessori Connection NFP
EIN
20-3173076
Phone
8478319393
Address
1731 Deerfield Road, Highland Park, IL 60035

Signing Officer

Name
Norma Morley
Title
Finance Director
Phone
8478319393
Signed
2023-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Norma Morley
Formed
2005
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
5
Employees
42
Volunteers
2

Preparer

Firm
Eccezion
Address
5400 W Elm Street Suite 203, McHenry, IL 60050
Preparer
Cheryden Juergensen
Phone
8153441300
Supplemental Narrative

Financial Statement Notes

X 2

The Organization is exempt from federal income taxes under Section 501c3 of the Internal Revenue Code and reported no unrelated business income for the year ended December 31, 2022. Management represents there are no uncertain tax positions or other provision for income taxes that should be recognized in these financial statements.

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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05320
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05320
IRS990/OtherRevenueTotalAmt05320
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013838
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0792894
IRS990/OtherSalariesAndWagesGrp/TotalAmt0806732
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021286
IRS990/PayrollTaxesGrp/ProgramServicesAmt060631
IRS990/PayrollTaxesGrp/TotalAmt081917
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Norma Morley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0School Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01472645
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01472645
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0275642
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0306443
IRS990/PYOtherRevenueAmt0311
IRS990/PYProgramServiceRevenueAmt01255116
IRS990/PYRevenuesLessExpensesAmt0169749
IRS990/PYSalariesCompEmpBnftPaidAmt01054889
IRS990/PYTotalExpensesAmt01361332
IRS990/PYTotalRevenueAmt01531081
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt044239
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01472645
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075175
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0146765
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01380
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012844
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014224
IRS990ScheduleD/ExpensesSubtotalAmt01529757
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03319
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012518
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt015837
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06519
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024827
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt01573996
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under Section 501c3 of the Internal Revenue Code and reported no unrelated business income for the year ended December 31, 2022. Management represents there are no uncertain tax positions or other provision for income taxes that should be recognized in these financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011218
IRS990ScheduleD/TotalExpensesPerForm990Amt01529757
IRS990ScheduleD/TotalRevenuePerForm990Amt01573996
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01573996
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01529757
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two board members are sisters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Members receive an electronic copy of form 990 prior to filing. The independent CPA hired to audit financial statement and prepare the information returns is available to address questions or concerns prior to filing and meets annually with the board to conduct a board review of the financial statements and information returns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization management provides upon request information subject to public disclosure. Additionally, three most recent years of form 990 filed by the Organization are available at Guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0238385
IRS990/TotalAssetsEOYAmt0329667
IRS990/TotalAssetsGrp/BOYAmt0238385
IRS990/TotalAssetsGrp/EOYAmt0329667
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt095379
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0365271
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01164486
IRS990/TotalFunctionalExpensesGrp/TotalAmt01529757
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt094829
IRS990/TotalLiabilitiesEOYAmt0141872
IRS990/TotalLiabilitiesGrp/BOYAmt094829
IRS990/TotalLiabilitiesGrp/EOYAmt0141872
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0143556
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0187795
IRS990/TotalProgramServiceExpensesAmt01164486
IRS990/TotalProgramServiceRevenueAmt01472645
IRS990/TotalReportableCompFromOrgAmt0264520
IRS990/TotalRevenueGrp/ExclusionAmt0652
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01477965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01573996
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0238385
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0329667
IRS990/TravelGrp/ProgramServicesAmt02150
IRS990/TravelGrp/TotalAmt02150
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01731 Deerfield Road
IRS990/USAddress/CityNm0Highland Park
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060035

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.19$0.45$1.81$1.68$0.12
2023Summary only. Only limited summary data is available for this year.$0.58$0.26$0.32$1.75$1.61$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.33$0.14$0.19$1.57$1.53$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.09$0.14$1.53$1.36$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.08$0.03$1.18$1.16$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.12$0.05$1.20$1.23$0.03
2018Summary only. Only limited summary data is available for this year.$0.08$0.10$0.02$1.19$1.23$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.10$0.00$1.21$1.22$0.01
2016Summary only. Only limited summary data is available for this year.$0.09$0.09$0.01$1.19$1.15$0.04
2015Summary only. Only limited summary data is available for this year.$0.05$0.08$0.03$1.13$1.09$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.10$0.08$1.04$1.05$0.01
2013Summary only. Only limited summary data is available for this year.$0.04$0.10$0.07$1.06$1.09$0.03
2012Summary only. Only limited summary data is available for this year.$0.09$0.13$0.04$1.06$1.03$0.03
2011Summary only. Only limited summary data is available for this year.$0.05$0.12$0.06$1.01$0.99$0.02
2010Summary only. Only limited summary data is available for this year.$0.03$0.11$0.08$0.94$0.97$0.02