Civic Intelligence

The Montclair Cooperative School Inc.

990 • Fiscal year 2017 • EIN 22-1723807

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 16, 2018

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

79th percentile

0.58x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.34x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

56th percentile

5.2%

Higher net margin than 56% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$171,519

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

46th percentile

3.9%

Faster asset growth than 46% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

7.6%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$2,236,870

Up $83,462 (+3.9%) from 2016

Net Assets

Up

$943,572

Up $185,169 (+24%) from 2016

Liabilities

Down

$1,293,298

Down $101,707 (-7.3%) from 2016

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin56th percentile

Revenue

Up

$3,810,730

Up $268,672 (+7.6%) from 2016

Expenses

Up

$3,614,007

Up $206,254 (+6.1%) from 2016

Net Income

Up

$196,723

Up $62,418 (+46%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth46th 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

2017

Assets$2,236,870
Liabilities$1,293,298
Net Assets$943,572
Open 2017 Filing

Operations Trend

Revenue Growth57th 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

2017

Revenue$3,810,730
Expenses$3,614,007
Net Income$196,723
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 16, 2018
Return Version
2016v3.0
Gross Receipts
$4,249,501
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$908,317$882,410▼ $25,907
Savings and Temporary Cash Investments$695,277$761,830▲ $66,553
Investments Other Securities$332,198$385,684▲ $53,486
Accounts Receivable$116,519$119,695▲ $3,176
Prepaid Expenses and Deferred Charges$39,536$42,189▲ $2,653
Cash and Non-Interest-Bearing Accounts$55,078$38,952▼ $16,126
Total Assets$2,153,408$2,236,870▲ $83,462
Other Assets Total$6,483$6,110▼ $373
Liabilities
Deferred Revenue$763,521$692,940▼ $70,581
Other Liabilities$389,385$336,447▼ $52,938
Accounts Payable and Accrued Expenses$242,099$263,911▲ $21,812
Total Liabilities$1,395,005$1,293,298▼ $101,707
Net Assets / Fund Balance
Unrestricted Net Assets$623,833$848,763▲ $224,930
Permanently Rstr Net Assets$59,000$59,000→ $0
Temporarily Rstr Net Assets$75,570$35,809▼ $39,761
Total Net Assets Fund Balance$758,403$943,572▲ $185,169
Total Liabilities and Net Assets / Fund Balance$2,153,408$2,236,870▲ $83,462

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$740,060$664,519$1,404,579
Equipment$124,175$169,347$293,522
Land$18,175-$18,175
Other Securities$385,684--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
NAMITA TOliaHead of SchoolFT$171,519$171,519

Board Members and Trustees

NameTitle
Aaron DelaneyBoard Chair
Abby MarshallVice Chair: Development
Jason StipanovVice Chair: Finance
Andrea BlumenthalVice Chair: Membership
Wade CroweVice Chair: Strategic Plan
Sergio AlatiCommunity Member
CONNIE O'KEEFEMember
Doug Kaplanmember
Judith GrodnerMember
Julie DeCheserMember
Leigh GilmoreMember
Michael-John van Rhynmember
Rachel Jonesmember
Sahil GodiwalaMember
Brian SparSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$132,809
Program Service Revenue
$3,619,785
Investment Income
$53,008
Other Revenue
$5,128
All Other Contributions
$37,281
Change in Net Assets
$196,723

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,436,207
Revenue Not Reported on Financial Statements
$374,523
Revenue Not Reported on Form 990
$62,481
Other Revenue Adjustments
$374,523
Total Revenue per Audited Statements
$3,498,688
Total Revenue per Form 990
$3,810,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,443,856
Other Expenses$765,192
Grants and Similar Amounts Paid$404,959
Total Fundraising Expense$127,768
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,574,949$277,666$88,994$1,941,609
Grants to Domestic Individuals$404,959--$404,959
Current Officers, Directors, Trustees, and Key Employees$133,260$38,074$19,037$190,371
Payroll Taxes$130,825$27,061$9,253$167,139
Other Employee Benefits$121,065$9,795$2,685$133,545
Depreciation Depletion$95,941--$95,941
Insurance$76,593$13,275$3,424$93,292
Occupancy$52,129$2,744-$54,873
All Other Expenses$18,066$23,534$807$42,407
Other Expenses$23,707$1,248$2,902$24,955
Office Expenses$21,464$1,130-$22,594
Pension Plan Contributions$3,838$6,688$666$11,192
Total Functional Expenses$3,069,677$416,562$127,768$3,614,007

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,614,007
Total Expenses per Audited Statements$3,313,519
Expenses per Audited Statements$3,239,484
Expenses Not Reported on Financial Statements$374,523
Other Expense Adjustments$374,523
Expenses Not Reported on Form 990$74,035
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,750
Fundraising Direct Expenses$63,085
Gaming Gross Income$3,823
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
ANNUAL fund$80,659-$3,088-
auction gala$63,278$58,162$23,251$34,911
Total Events$163,278$67,750$63,085$4,665
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$276,480
Valley National Line of Credit$48,036
Obligations Under Capital Lease ST$11,931
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 11B

“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
2018-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Namita Tolia
Formed
1963
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
89
Volunteers
135

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 10,950. SPECIAL EVENTS EXPENSES 63,085.”

Part XI, Line 4B - Other Adjustments:

“scholarships 374,523.”

Part XII, Line 2D - Other Adjustments:

“Rental Expenses 10,950. SPECIAL EVENTS EXPENSES 63,085.”

Part XII, Line 4B - Other Adjustments:

“SCHOLARSHIPS 374,523.”

Raw XML AppendixShowing 400 of 638 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0EDUCATIONAL PROGRAM: THE MONTCLAIR COOPERATIVE SCHOOL IS AN INDEPENDENT,PRIVATE, NON PROFIT organization with approximately 164 students in grades Nursery-8. The tuition revenues enable us to accomplish our primary purpose of creating a rich and rewarding environment for our children. $262,032 in financial aid was awarded to assist families who demonstrate financial need.
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IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN SPAR
IRS990/Form990PartVIISectionAGrp/PersonNm4CONNIE O'KEEFE
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IRS990/Form990PartVIISectionAGrp/PersonNm7Sergio Alati
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair: Development
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair: Membership
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chair: Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Community Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice Chair: Strategic Plan
IRS990/Form990PartVIISectionAGrp/TitleTxt9Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12member
IRS990/Form990PartVIISectionAGrp/TitleTxt13member
IRS990/Form990PartVIISectionAGrp/TitleTxt14member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Head of School
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt063085
IRS990/FundraisingGrossIncomeAmt067750
IRS990/GainOrLossGrp/OtherAmt037732
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt03823
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0377230
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0404959
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0404959
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt04249501
IRS990/GrossRentsGrp/RealAmt07590
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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt03424
IRS990/InsuranceGrp/ManagementAndGeneralAmt013275
IRS990/InsuranceGrp/ProgramServicesAmt076593
IRS990/InsuranceGrp/TotalAmt093292
IRS990/InvestmentIncomeGrp/ExclusionAmt015276
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015276
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0332198
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0385684
IRS990/IRPDocumentCnt049
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0908317
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0882410
IRS990/LandBldgEquipCostOrOtherBssAmt01716276
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0364736
IRS990/LessRentalExpensesGrp/RealAmt010950
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/NetAssetsOrFundBalancesBOYAmt0758403
IRS990/NetAssetsOrFundBalancesEOYAmt0943572
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt037732
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt037732
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04665
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04665
IRS990/NetIncomeFromGamingGrp/ExclusionAmt03823
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt03823
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-3360
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-3360
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-11554
IRS990/NoncashContributionsAmt024227
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02744
IRS990/OccupancyGrp/ProgramServicesAmt052129
IRS990/OccupancyGrp/TotalAmt054873
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01130
IRS990/OfficeExpensesGrp/ProgramServicesAmt021464
IRS990/OfficeExpensesGrp/TotalAmt022594
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06483
IRS990/OtherAssetsTotalGrp/EOYAmt06110
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02685
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09795
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0121065
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0133545
IRS990/OtherExpensesGrp/Desc0Direct Education Expens
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc3Bank fees & Interest
IRS990/OtherExpensesGrp/FundraisingAmt02902
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012228
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13119
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21248
IRS990/OtherExpensesGrp/ProgramServicesAmt0282952
IRS990/OtherExpensesGrp/ProgramServicesAmt170665
IRS990/OtherExpensesGrp/ProgramServicesAmt259264
IRS990/OtherExpensesGrp/ProgramServicesAmt323707
IRS990/OtherExpensesGrp/TotalAmt0282952
IRS990/OtherExpensesGrp/TotalAmt185795
IRS990/OtherExpensesGrp/TotalAmt262383
IRS990/OtherExpensesGrp/TotalAmt324955
IRS990/OtherLiabilitiesGrp/BOYAmt0389385
IRS990/OtherLiabilitiesGrp/EOYAmt0336447
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09253
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027061
IRS990/PayrollTaxesGrp/ProgramServicesAmt0130825
IRS990/PayrollTaxesGrp/TotalAmt0167139
IRS990/PensionPlanContributionsGrp/FundraisingAmt0666
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06688
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03838
IRS990/PensionPlanContributionsGrp/TotalAmt011192
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt059000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt059000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039536
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042189
IRS990/PrincipalOfficerNm0Namita Tolia
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Fees and other program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03335645
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1284140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03335645
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1284140
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/ExpenseAmt096861
IRS990/ProgSrvcAccomActy2Grp/GrantAmt012736
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt094905
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/ExpenseAmt028757
IRS990/ProgSrvcAccomActy3Grp/GrantAmt014993
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt049280
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/ExpenseAmt091641
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0139955
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0188247
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0293620
IRS990/PYInvestmentIncomeAmt012209
IRS990/PYOtherExpensesAmt0757873
IRS990/PYOtherRevenueAmt0-17387
IRS990/PYProgramServiceRevenueAmt03358989
IRS990/PYRevenuesLessExpensesAmt0134305
IRS990/PYSalariesCompEmpBnftPaidAmt02356260
IRS990/PYTotalExpensesAmt03407753
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03542058
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0196723
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-3360
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03335645
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0695277
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0761830
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
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0740060
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0664519
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01404579
IRS990ScheduleD/EquipmentGrp/BookValueAmt0124175
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0169347
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0293522
IRS990ScheduleD/ExpensesNotReportedAmt074035
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0374523
IRS990ScheduleD/ExpensesSubtotalAmt03239484
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt018175
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt018175

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,236,870
Liabilities
$1,293,298
Net assets
$943,572
Revenue
$3,810,730
Expenses
$3,614,007
Net income
$196,723
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