Civic Intelligence

Willowwind School

990 • Fiscal year 2017 • EIN 23-7411810

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

950 Dover StreetIowa City, IA 52245

(319) 338-6061

Siviq Scores

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

Liabilities / Assets

94th percentile

1.18x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

28th percentile

-4.7%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

15th percentile

-7.3%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-8.6%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,935,080

Down $231,891 (-7.3%) from 2016

Net Assets

Down

-$520,756

Down $68,783 (-15%) from 2016

Liabilities

Down

$3,455,836

Down $163,108 (-4.5%) from 2016

Revenue

Down

$1,454,992

Down $136,609 (-8.6%) from 2016

Expenses

Up

$1,523,775

Up $27,418 (+1.8%) from 2016

Net Income

Down

-$68,783

Down $164,027 (-172%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2013: $3,372,186Liabilities 2013: $4,118,238Net Assets 2013: -$746,0522013Assets 2014: $3,220,017Liabilities 2014: $3,915,863Net Assets 2014: -$695,8462014Assets 2015: $3,155,973Liabilities 2015: $3,703,190Net Assets 2015: -$547,2172015Assets 2016: $3,166,971Liabilities 2016: $3,618,944Net Assets 2016: -$451,9732016Assets 2017: $2,935,080Liabilities 2017: $3,455,836Net Assets 2017: -$520,7562017Assets 2018: $2,691,240Liabilities 2018: $3,118,829Net Assets 2018: -$427,5892018Assets 2019: $2,636,643Liabilities 2019: $3,019,565Net Assets 2019: -$382,9222019Assets 2020: $2,598,291Liabilities 2020: $3,050,807Net Assets 2020: -$452,5162020Assets 2021: $2,686,675Liabilities 2021: $2,982,877Net Assets 2021: -$296,2022021Assets 2022: $2,745,044Liabilities 2022: $2,615,773Net Assets 2022: $129,2712022Assets 2023: $2,830,654Liabilities 2023: $2,373,906Net Assets 2023: $456,7482023Assets 2024: $2,682,486Liabilities 2024: $2,194,586Net Assets 2024: $487,9002024

Highlighted filing

2017

Assets$2,935,080
Liabilities$3,455,836
Net Assets-$520,756

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2013: $1,379,7452013Revenue 2014: $1,530,886Expenses 2014: $1,477,063Net Income 2014: $53,8232014Revenue 2015: $1,613,582Expenses 2015: $1,464,953Net Income 2015: $148,6292015Revenue 2016: $1,591,601Expenses 2016: $1,496,357Net Income 2016: $95,2442016Revenue 2017: $1,454,992Expenses 2017: $1,523,775Net Income 2017: -$68,7832017Revenue 2018: $1,468,289Expenses 2018: $1,375,123Net Income 2018: $93,1662018Revenue 2019: $1,509,927Expenses 2019: $1,465,261Net Income 2019: $44,6662019Revenue 2020: $1,178,875Expenses 2020: $1,248,469Net Income 2020: -$69,5942020Revenue 2021: $1,485,119Expenses 2021: $1,299,153Net Income 2021: $185,9662021Revenue 2022: $1,927,615Expenses 2022: $1,502,142Net Income 2022: $425,4732022Revenue 2023: $1,924,307Expenses 2023: $1,660,942Net Income 2023: $263,3652023Revenue 2024: $1,793,750Expenses 2024: $1,695,542Net Income 2024: $98,2082024

Highlighted filing

2017

Revenue$1,454,992
Expenses$1,523,775
Net Income-$68,783
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 1, 2018
Return Version
2016v3.0
Gross Receipts
$1,474,915
Mission and Program Overview

Mission

Willowwind school is a joyful learning community where children develop their unique potential through child-led inquiry.

ELEMENTARY SCHOOL

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,849,570$2,741,186▼ $108,384
Loans From Officers Directors$551,096--
Cash and Non-Interest-Bearing Accounts$157,068$102,147▼ $54,921
Savings and Temporary Cash Investments$157,683$91,085▼ $66,598
Accounts Receivable$2,650$662▼ $1,988
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-451,973$-520,756▼ $68,783
Total Assets$3,166,971$2,935,080▼ $231,891
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,599,477$2,478,672▼ $120,805
Unsecured Notes Loans Payable-$500,558-
Deferred Revenue$347,835$300,316▼ $47,519
Accounts Payable and Accrued Expenses$120,536$176,290▲ $55,754
Total Liabilities$3,618,944$3,455,836▼ $163,108
Net Assets / Fund Balance
Total Net Assets Fund Balance$-451,973$-520,756▼ $68,783
Total Liabilities and Net Assets / Fund Balance$3,166,971$2,935,080▼ $231,891

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,682,238$923,248$3,605,486
Equipment$48,292$300,335$348,627
Other Land Buildings$10,656$51,563$62,219

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2012$3,390--$3,390-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian Coddpresident
Karen ButlerVice President
David RyfeBoard of TRUSTEES
Phoebe MartinBoard of Trustees
Pope YamadaBoard OF TRUSTEES
Sarah RichardsonBoarD OF TRUSTEES
Zoe EskinBoard of Trustees
Megan LaVelleSecretary
kari yankeySecretary
robin jacksontreaSURER
Revenue and Support

Revenue Composition

Contributions and Grants
$50,811
Program Service Revenue
$1,370,645
Investment Income
$5,931
Other Revenue
$27,605
All Other Contributions
$46,925
Change in Net Assets
$-68,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$887,977
Other Expenses$635,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$600,009$177,539-$777,548
Occupancy$196,225--$196,225
All Other Expenses$104,048$1,701-$105,749
Depreciation Depletion$100,611--$100,611
Payroll Taxes$46,928$12,968-$59,896
Interest$42,659--$42,659
Other Employee Benefits$18,611$13,586-$32,197
Other Expenses$28,651$35,000-$28,651
Pension Plan Contributions$13,010$5,326-$18,336
Information Technology$16,990--$16,990
Advertising$10,660--$10,660
Fees for Services Accounting-$7,500-$7,500
Insurance$5,243$2,247-$7,490
Fees for Services Other-$4,243-$4,243
Office Expenses-$2,357-$2,357
Travel-$1,549-$1,549
Fees for Services Legal-$146-$146
Total Functional Expenses$1,259,613$264,162$0$1,523,775
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$551,096--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Form 990 is reviewed by the board of trustees before it is filed. A vote is taken to approve the filing of form 990 at the monthly board meeting.

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

The conflict of interest policy is discussed at board meetings on a regular basis.

Form 990, Part VI, Section C, line 19

Willowwind makes it's governing documents and conflict of interest policy available upon request. The financial statements are available to the board of trustees only, they are not available to the public.

Filing and Contact Details

Filer

Filer Name
Willowwind School
EIN
23-7411810
Phone
3193386061
Address
950 Dover Street, Iowa City, IA 52245

Signing Officer

Name
Michelle C Beninga
Title
Head of School
Phone
3193386061
Signed
2018-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle C Beninga
Formed
1974
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
64
Volunteers
150

Preparer

Firm
Terry Lockridge & Dunn Inc
Address
PO Box 75006, Cedar Rapids, IA 52407
Preparer
Robin Jackson Miller
Phone
3193642945
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IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012968
IRS990/PayrollTaxesGrp/ProgramServicesAmt046928
IRS990/PayrollTaxesGrp/TotalAmt059896
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05326
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013010
IRS990/PensionPlanContributionsGrp/TotalAmt018336
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Michelle C Beninga
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER CAMP
IRS990/ProgramServiceRevenueGrp/Desc2BEFORE & AFTER SCHOOL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01046960
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1211928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2111757
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01046960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2111757
IRS990/ProgSrvcAccomActy2Grp/Desc0BEFORE & AFTER SCHOOL PROGRAM. SUPERVISED ACTIVITIES AND SNACKS FOR CHILDREN AGED THREE THROUGH TWELVE FROM 7:30 TO 8:30 AM & 3:30 TO 6:00 PM, MONDAY THROUGH FRIDAY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt036560
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0111757
IRS990/ProgSrvcAccomActy3Grp/Desc0SUMMER CAMP. EDUCATIONAL PROGRAM DURING THE MONTHS OF JUNE, JULY, & AUGUST FOR CHILDREN AGES THREE THROUGH TWELVE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0113236
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0211928
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt042063
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04385
IRS990/PYOtherExpensesAmt0602016
IRS990/PYOtherRevenueAmt0-10186
IRS990/PYProgramServiceRevenueAmt01555339
IRS990/PYRevenuesLessExpensesAmt095244
IRS990/PYSalariesCompEmpBnftPaidAmt0894341
IRS990/PYTotalExpensesAmt01496357
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01591601
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-68783
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-6703
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01087199
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-451973
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-520756
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0157683
IRS990/SavingsAndTempCashInvstGrp/EOYAmt091085
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02682238
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0923248
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03605486
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03390
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt03390
IRS990ScheduleD/EquipmentGrp/BookValueAmt048292
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0300335
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0348627
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010656
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051563
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt062219
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02741186
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S POLICY IS PRINTED WITH THE ENROLLMENT PROCEDURES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES BEFORE IT IS FILED. A VOTE IS TAKEN TO APPROVE THE FILING OF FORM 990 AT THE MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The conflict of interest policy is discussed at board meetings on a regular basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WILLOWWIND MAKES IT'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE BOARD OF TRUSTEES ONLY, THEY ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0willowwind foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0452124434
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BUILD AWARENESS OF WILLOWWIND SCHOOL IN THE COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 12c, III-FI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0950 dover st
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0iowa city
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd052245
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03166971
IRS990/TotalAssetsEOYAmt02935080
IRS990/TotalAssetsGrp/BOYAmt03166971
IRS990/TotalAssetsGrp/EOYAmt02935080
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt050811
IRS990/TotalEmployeeCnt064

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