Civic Intelligence

The Montclair Cooperative School Inc.

990 • Fiscal year 2016 • EIN 22-1723807

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 23, 2017

Organization Profilewww.montclaircoop.org

View Organization Page

65 Chestnut StreetMontclair, NJ 07042

(973) 783-4955

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.65x

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.39x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

52nd percentile

3.8%

Higher net margin than 52% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$87,981

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

65th percentile

9.3%

Faster asset growth than 65% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

8.9%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$2,153,408

Up $182,889 (+9.3%) from 2015

Net Assets

Up

$758,403

Up $121,554 (+19%) from 2015

Liabilities

Up

$1,395,005

Up $61,335 (+4.6%) from 2015

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin52nd percentile

Revenue

Up

$3,542,058

Up $290,414 (+8.9%) from 2015

Expenses

Up

$3,407,753

Up $107,556 (+3.3%) from 2015

Net Income

Up

$134,305

Up $182,858 (+377%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,545,451Liabilities 2011: $950,067Net Assets 2011: $595,3842011Assets 2012: $1,697,877Liabilities 2012: $972,603Net Assets 2012: $725,2742012Assets 2013: $1,955,321Liabilities 2013: $1,148,038Net Assets 2013: $807,2832013Assets 2014: $1,968,146Liabilities 2014: $1,264,002Net Assets 2014: $704,1442014Assets 2015: $1,970,519Liabilities 2015: $1,333,670Net Assets 2015: $636,8492015Assets 2016: $2,153,408Liabilities 2016: $1,395,005Net Assets 2016: $758,4032016Assets 2017: $2,236,870Liabilities 2017: $1,293,298Net Assets 2017: $943,5722017Assets 2018: $2,451,372Liabilities 2018: $1,386,991Net Assets 2018: $1,064,3812018Assets 2019: $2,331,948Liabilities 2019: $1,291,159Net Assets 2019: $1,040,7892019Assets 2020: $2,669,291Liabilities 2020: $1,513,538Net Assets 2020: $1,155,7532020Assets 2021: $3,355,451Liabilities 2021: $1,678,014Net Assets 2021: $1,677,4372021Assets 2022: $3,227,830Liabilities 2022: $1,198,512Net Assets 2022: $2,029,3182022Assets 2023: $2,975,111Liabilities 2023: $1,218,441Net Assets 2023: $1,756,6702023Assets 2024: $2,511,932Liabilities 2024: $935,955Net Assets 2024: $1,575,9772024

Highlighted filing

2016

Assets$2,153,408
Liabilities$1,395,005
Net Assets$758,403
Open 2016 Filing

Operations Trend

Revenue Growth62nd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,512,0532011Revenue 2012: $2,908,015Expenses 2012: $2,775,638Net Income 2012: $132,3772012Expenses 2013: $2,854,9572013Revenue 2014: $3,106,621Expenses 2014: $3,231,199Net Income 2014: -$124,5782014Revenue 2015: $3,251,644Expenses 2015: $3,300,197Net Income 2015: -$48,5532015Revenue 2016: $3,542,058Expenses 2016: $3,407,753Net Income 2016: $134,3052016Revenue 2017: $3,810,730Expenses 2017: $3,614,007Net Income 2017: $196,7232017Revenue 2018: $3,970,102Expenses 2018: $3,870,784Net Income 2018: $99,3182018Revenue 2019: $3,820,799Expenses 2019: $3,860,433Net Income 2019: -$39,6342019Revenue 2020: $3,712,820Expenses 2020: $3,608,034Net Income 2020: $104,7862020Revenue 2021: $3,436,742Expenses 2021: $3,015,948Net Income 2021: $420,7942021Revenue 2022: $3,859,829Expenses 2022: $3,420,721Net Income 2022: $439,1082022Revenue 2023: $3,389,641Expenses 2023: $3,702,478Net Income 2023: -$312,8372023Revenue 2024: $3,705,422Expenses 2024: $3,933,677Net Income 2024: -$228,2552024

Highlighted filing

2016

Revenue$3,542,058
Expenses$3,407,753
Net Income$134,305
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 23, 2017
Return Version
2015v3.0
Gross Receipts
$3,624,604
Mission and Program Overview

Mission

The montclair cooperative school is a community of students, teachers and parents who are dedicated to creating a diverse and nurturing environment where children flourish intellectually and where they develope exceptional social skills along with a deep sense of community responsibility.

The purpose for which this corporation was formed is to operate and maintain one or more non profit, non sectarian cooperative educational facilities including without limitation, nursery schools, kindergartens, elementary and junior high schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$926,803$908,317▼ $18,486
Savings and Temporary Cash Investments$552,782$695,277▲ $142,495
Investments Other Securities$335,376$332,198▼ $3,178
Accounts Receivable$72,785$116,519▲ $43,734
Cash and Non-Interest-Bearing Accounts$32,537$55,078▲ $22,541
Prepaid Expenses and Deferred Charges$43,306$39,536▼ $3,770
Total Assets$1,970,519$2,153,408▲ $182,889
Other Assets Total$6,930$6,483▼ $447
Liabilities
Deferred Revenue$681,536$763,521▲ $81,985
Other Liabilities$403,094$389,385▼ $13,709
Accounts Payable and Accrued Expenses$249,040$242,099▼ $6,941
Total Liabilities$1,333,670$1,395,005▲ $61,335
Net Assets / Fund Balance
Unrestricted Net Assets$527,080$623,833▲ $96,753
Temporarily Rstr Net Assets$50,769$75,570▲ $24,801
Permanently Rstr Net Assets$59,000$59,000→ $0
Total Net Assets Fund Balance$636,849$758,403▲ $121,554
Total Liabilities and Net Assets / Fund Balance$1,970,519$2,153,408▲ $182,889

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$758,869$588,854$1,347,723
Equipment$131,273$146,337$277,610
Land$18,175-$18,175
Other Securities$332,198--
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseTotal
NAMITA TOliaHead of SchoolFT$87,981$87,981

Board Members and Trustees

NameTitle
Aaron DelaneyBoard Chair
Jason StipanovVice Chair: Finance
Abby MarshallVice Chair: Fundraising
Lesley ScammellVice Chair: Membership
Wade CroweVice Chair: Strategic Planning
James LukendaCommunity Member
Ruth JaffeCommunity Member
Sergio AlatiCommunity Member
Andrea Blumenthalmember
Azizi Birkelandmember
CONNIE O'KEEFEMember
Kimberly Louismember
La Tonyia Cameronmember
Leigh GilmoreMember
Rachel Jonesmember
Brian SparSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$188,247
Program Service Revenue
$3,358,989
Investment Income
$12,209
Other Revenue
$-17,387
All Other Contributions
$25,864
Change in Net Assets
$134,305

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table164$47,905Fair Market Value (FMV)
Total Noncash Contributions164$47,905-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,248,438
Revenue Not Reported on Financial Statements
$293,620
Revenue Not Reported on Form 990
$61,566
Other Revenue Adjustments
$293,620
Total Revenue per Audited Statements
$3,310,004
Total Revenue per Form 990
$3,542,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,356,260
Other Expenses$757,873
Grants and Similar Amounts Paid$293,620
Total Fundraising Expense$88,949
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,542,039$267,932$55,669$1,865,640
Grants to Domestic Individuals$293,620--$293,620
Current Officers, Directors, Trustees, and Key Employees$122,683$35,052$17,526$175,261
Payroll Taxes$129,416$28,353$6,204$163,973
Other Employee Benefits$133,203$10,089$2,350$145,642
Depreciation Depletion$99,700--$99,700
Insurance$69,511$12,049$3,107$84,667
Occupancy$50,722$2,669-$53,391
All Other Expenses$46,455$4,975$940$52,370
Other Expenses$41,318$42,967$3,011$42,967
Office Expenses$12,140$639-$12,779
Pension Plan Contributions$585$5,017$142$5,744
Total Functional Expenses$2,894,196$424,608$88,949$3,407,753

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,407,753
Total Expenses per Audited Statements$3,188,450
Expenses per Audited Statements$3,114,133
Expenses Not Reported on Financial Statements$293,620
Other Expense Adjustments$293,620
Expenses Not Reported on Form 990$74,317
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$63,312
Fundraising Gross Income$42,395
Gaming Gross Income$2,060
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
ANNUAL fund$94,990-$1,260-
ANNUAL auction$69,508$2,115$19,286$-17,171
Total Events$204,778$42,395$63,312$-20,917
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
loan payable$310,529
Valley National Line of Credit$54,036
Obligations Under Capital Lease ST$12,410
Obligations Under Capital Lease LT$12,410
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“A member shall be defined as any parent or other person responsible for the welfare of a child enrolled in the school. Such members shall have the right to vote at all membership meetings and may hold appointive or elective office in the School.”

Form 990, Part VI, Section A, line 7A

“- Election of Board Chair: Conducted by committee on trustees at a regularly scheduled board meeting, held during the month that precedes board elections. - Officers and members at large: Election by the general membership is conducted by a nominating committee during the latter part of April, via a secret ballot. - Community Members: Are appointed by the Board Chair subject to confirmation by a majority of the board of trustees.”

Form 990, Part VI, Section A, line 7B

“Board meetings are held once a month and a quorum (majority of the board members) is required to be present to decide (vote) on all issues. The membership votes on the proposed budget in the second meeting of the school year. In this case, a quorum shall be 1/3 of the number of families whose children are currently enrolled as of the day of the general membership meeting.”

Form 990, Part VI, Section B, line 11

“The 990 is presented by the entity's independent accounting firm to the audit committee and or finance committee, who then present it to the Board of Trustees for approval.”

Form 990, Part VI, Section B, line 12C

“According to the organization Bylaws no trustee or member or his/her immediate family or an entity owned by any such individual may do business with the School unless the facts of the particular transaction have been fully disclosed and the transaction has been expressly authorized by a majority of the Trustees. The affected Trustee shall not vote or debate on said matter.”

Form 990, Part VI, Section B, line 15

“COMPENSATION: The Executive Compensation Committee of the board of directors reviews compensation packages and establishes compensation based on written employment contracts for the head of school only.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Form 990, Part VI, Question 13

“In november of 2011, the montclair cooperative school was reaccredited by njais and among their reccomendations was to revise all existing handbooks. The whistleblower policy is incorporated into the new employee handbook based upon the legal advice of a probono partnership with which the organization works.”

Form 990, Part VI, Question 14

“A records retention policy is incorporated into the new employee handbook based upon the legal advice of a probono partnership with which the organization works.”

Filing and Contact Details

Filer

Filer Name
Montclair Cooperative School Inc
EIN
22-1723807
Phone
9737834955
Address
65 Chestnut Street, Montclair, NJ 07042

Signing Officer

Name
Namita Tolia
Title
Head of School
Phone
9737834955
Signed
2017-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Namita Tolia
Formed
1963
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
81
Volunteers
100

Preparer

Firm
Sax LLP
Address
855 Valley Road, Clifton, NJ 07013
Preparer
Marqus White
Phone
9734726250
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Question 2C

“The organization has a committee that assumes responsibility for oversight of the review.”

Financial Statement Notes

Part X, Line 2:

“The Organization is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code Management evaluated the Organization's tax positions and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. The Organization files an income tax return in the U.S. Federal jurisdiction. With few exceptions, the Organization is not subject to income tax examinations by the U.S. federal tax authorities unless the Organization was engaged in activities that would generate unrelated business income.”

Part XI, Line 2D - Other Adjustments:

“Rental Expenses 11,005. SPECIAL EVENTS EXPENSES 63,312.”

Part XI, Line 4B - Other Adjustments:

“scholarships 293,620.”

Part XII, Line 2D - Other Adjustments:

“Rental Expenses 11,005. SPECIAL EVENTS EXPENSES 63,312.”

Part XII, Line 4B - Other Adjustments:

“SCHOLARSHIPS 293,620.”

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IRS990/Form990PartVIISectionAGrp/PersonNm7Leigh Gilmore
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1687981
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2member
IRS990/Form990PartVIISectionAGrp/TitleTxt3member
IRS990/Form990PartVIISectionAGrp/TitleTxt4member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Community Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice Chair: Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chair: Fundraising
IRS990/Form990PartVIISectionAGrp/TitleTxt11Vice Chair: Membership
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice Chair: Strategic Planning
IRS990/Form990PartVIISectionAGrp/TitleTxt13member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Community Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Community Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Head of School
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IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0162383
IRS990/FundraisingDirectExpensesAmt063312
IRS990/FundraisingGrossIncomeAmt042395
IRS990/GainOrLossGrp/OtherAmt0-8229
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt02060
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0273912
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0293620
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0293620
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03624604
IRS990/GrossRentsGrp/RealAmt012475
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt03107
IRS990/InsuranceGrp/ManagementAndGeneralAmt012049
IRS990/InsuranceGrp/ProgramServicesAmt069511
IRS990/InsuranceGrp/TotalAmt084667
IRS990/InvestmentIncomeGrp/ExclusionAmt020438
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020438
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0335376
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0332198
IRS990/IRPDocumentCnt047
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0735191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0926803
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0908317
IRS990/LandBldgEquipCostOrOtherBssAmt01643508
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt08229
IRS990/LessRentalExpensesGrp/RealAmt011005
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Montclair Cooperative School is a community of students, teachers, and parents who are dedicated to creating a diverse and nurturing environment where children flourish intellectually and where they develop exceptional social skills along with a deep sense of community responsibility.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0636849
IRS990/NetAssetsOrFundBalancesEOYAmt0758403
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8229
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8229
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-20917
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-20917
IRS990/NetIncomeFromGamingGrp/ExclusionAmt02060
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt02060
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01470
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01470
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-12751
IRS990/NoncashContributionsAmt047905
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02669
IRS990/OccupancyGrp/ProgramServicesAmt050722
IRS990/OccupancyGrp/TotalAmt053391
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0639
IRS990/OfficeExpensesGrp/ProgramServicesAmt012140
IRS990/OfficeExpensesGrp/TotalAmt012779
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06930
IRS990/OtherAssetsTotalGrp/EOYAmt06483
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02350
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010089
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0133203
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0145642
IRS990/OtherExpensesGrp/Desc0Direct Education Expens
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc3Bad Debt
IRS990/OtherExpensesGrp/FundraisingAmt03011
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012691
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt242967
IRS990/OtherExpensesGrp/ProgramServicesAmt0279398
IRS990/OtherExpensesGrp/ProgramServicesAmt173406
IRS990/OtherExpensesGrp/ProgramServicesAmt241318
IRS990/OtherExpensesGrp/TotalAmt0279398
IRS990/OtherExpensesGrp/TotalAmt189108
IRS990/OtherExpensesGrp/TotalAmt243493
IRS990/OtherExpensesGrp/TotalAmt342967
IRS990/OtherLiabilitiesGrp/BOYAmt0403094
IRS990/OtherLiabilitiesGrp/EOYAmt0389385
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06204
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028353
IRS990/PayrollTaxesGrp/ProgramServicesAmt0129416
IRS990/PayrollTaxesGrp/TotalAmt0163973
IRS990/PensionPlanContributionsGrp/FundraisingAmt0142
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05017
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0585
IRS990/PensionPlanContributionsGrp/TotalAmt05744
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt059000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt059000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043306
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039536
IRS990/PrincipalOfficerNm0Namita Tolia
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Fees and other program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03087058
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1271931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03087058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1271931
IRS990/ProgSrvcAccomActy2Grp/Desc0The Montclair Cooperative School incorporates day & overnight trips into the curriculum for each grade. Day trips include cultural, educational & seasonal programs & events. Overnight trips include trips to Camp Fairview, Kroka Expeditions in Vermont in which children explore a wilderness adventure, extended community service based trips to foreign countries as well as trips within the U.S. to places of historical significance. Families are responsible for the cost of the trips & they are billed directly for expenses related to these trips. Students on financial aid are eligible for assistance with overnights.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt098804
IRS990/ProgSrvcAccomActy2Grp/GrantAmt011946
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt099581
IRS990/ProgSrvcAccomActy3Grp/Desc0The After School Program operates from 3:15 p.m. - 6:00 p.m. every day that the school is in session whith the exception of those specified on the school calendar. On half days, the program operates from 12:30 p.m. - 6:00 p.m. The children gather in the multi-purpose room which is set up with blocks, arts and crafts, board games and puzzles. Jewelry making, cooking and dramatic play are also offered in the program. When the weather permits, the children play outside. Special activities such as ice skating are offered throughout the year. The monthly cost for full time use of the program is $300 and the per diem cost is $20.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt027976
IRS990/ProgSrvcAccomActy3Grp/GrantAmt07762
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt049380
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS SUCH AS THE BEFORE SCHOOL PROGRAM, AFTER SCHOOL ENRICHMENT, CAMP CO-OP, CHESS CAMP, DAY TRIPS, AND OTHER SUMMER CAMP: THESE ARE ACTIVITIES THAT CREATE A RICH AND REWARDING LEARNING ENVIRONMENT FOR THE STUDENTS.Crafterschool: Grades K -8: opportunity to explore different materials & techniques in craft projectsLego Enrichment: Grades 1-6: Creative ways to construct projects using different colors & numbers of legosFilm Making with Sam: Grades 7 & 8: Opportunity to shoot, write & edit a film and learning how to make the best use of the camera
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt063768
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0122970
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0133097
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0335719
IRS990/PYInvestmentIncomeAmt020693
IRS990/PYOtherExpensesAmt0778123
IRS990/PYOtherRevenueAmt022963
IRS990/PYProgramServiceRevenueAmt03074891
IRS990/PYRevenuesLessExpensesAmt0-48553
IRS990/PYSalariesCompEmpBnftPaidAmt02186355
IRS990/PYTotalExpensesAmt03300197
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03251644
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0134305
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01470
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03087058
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0552782
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0695277
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0758869
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0588854
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01347723
IRS990ScheduleD/EquipmentGrp/BookValueAmt0131273
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0146337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0277610
IRS990ScheduleD/ExpensesNotReportedAmt074317

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,153,408
Liabilities
$1,395,005
Net assets
$758,403
Revenue
$3,542,058
Expenses
$3,407,753
Net income
$134,305
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.51$0.94$1.58$3.71$3.93$0.23
2023Detailed filing. Detailed filing data is available for this year.$2.98$1.22$1.76$3.39$3.70$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.23$1.20$2.03$3.86$3.42$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$1.68$1.68$3.44$3.02$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.67$1.51$1.16$3.71$3.61$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.33$1.29$1.04$3.82$3.86$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.45$1.39$1.06$3.97$3.87$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.24$1.29$0.94$3.81$3.61$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.15$1.40$0.76$3.54$3.41$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.97$1.33$0.64$3.25$3.30$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.97$1.26$0.70$3.11$3.23$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$1.15$0.81$2.85
2012Summary only. Only limited summary data is available for this year.$1.70$0.97$0.73$2.91$2.78$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.95$0.60$2.51