Civic Intelligence

Monarch Montessori of Denver First Steps

EIN 27-2168985 • 501(c)3

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.40x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

77th percentile

0.37x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

28th percentile

-5.3%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

84th percentile

29%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-13%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,537,580

Up $533,352 (+27%) from 2023

Liabilities

Up

$1,006,300

Up $515,152 (+105%) from 2023

Net Assets

Up

$1,531,280

Up $18,200 (+1.2%) from 2023

Revenue

Down

$2,690,286

Down $133,325 (-4.7%) from 2023

Expenses

Up

$2,831,801

Up $129,177 (+4.8%) from 2023

Net Income

Down

-$141,515

Down $262,502 (-217%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2021: $1,008,758Liabilities 2021: $249,067Net Assets 2021: $759,6912021Assets 2022: $1,442,957Liabilities 2022: $50,864Net Assets 2022: $1,392,0932022Assets 2023: $2,004,228Liabilities 2023: $491,148Net Assets 2023: $1,513,0802023Assets 2025: $2,537,580Liabilities 2025: $1,006,300Net Assets 2025: $1,531,2802025

Highlighted filing

2025

Assets$2,537,580
Liabilities$1,006,300
Net Assets$1,531,280

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $2,222,635Expenses 2021: $1,903,883Net Income 2021: $318,7522021Revenue 2022: $2,797,916Expenses 2022: $2,165,514Net Income 2022: $632,4022022Revenue 2023: $2,823,611Expenses 2023: $2,702,624Net Income 2023: $120,9872023Revenue 2025: $2,690,286Expenses 2025: $2,831,801Net Income 2025: -$141,5152025

Highlighted filing

2025

Revenue$2,690,286
Expenses$2,831,801
Net Income-$141,515

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 26, 2025
Return Version
2024v5.0
Gross Receipts
$2,690,286
Mission and Program Overview

Mission

We aim to help each child reach their full potential in all areas of life. Monarch montessori provides a holistic approach to learning, based on the educational philosophy of dr. Montessori. Our experienced educators tailor to the individual need of each child, while our program welcomes families of all race, ethnicity, and economic background. This method supports our students as the become engaged learneds today and leaders of the future tomorrow.

The organization aims to help each child reach their full potential in all areas of life. Monarch montessori first steps provides a holistic approach to learning based on the educational philosophy of dr. Montessori. Our experienced educators tailor to the individual need of each child. Our program welcomes families of all race, ethinicity, and economic background. This method will support our students as they become "engaged learners today- and "leader of tomorrow".

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,566,126$1,490,069▼ $76,057
Land, Buildings, and Equipment, Net$290,654$973,565▲ $682,911
Accounts Receivable$106,558$57,123▼ $49,435
Prepaid Expenses and Deferred Charges-$16,173-
Total Assets$1,963,988$2,537,580▲ $573,592
Other Assets Total$650$650→ $0
Liabilities
Other Liabilities$277,405$981,167▲ $703,762
Accounts Payable and Accrued Expenses-$16,978-
Deferred Revenue$13,788$8,155▼ $5,633
Total Liabilities$291,193$1,006,300▲ $715,107
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,672,795$1,531,280▼ $141,515
Total Net Assets Fund Balance$1,672,795$1,531,280▼ $141,515
Total Liabilities and Net Assets / Fund Balance$1,963,988$2,537,580▲ $573,592

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$907,864$743,589$1,651,453
Leasehold Improvements$31,800$206,698$238,498
Equipment$33,901$36,067$69,968
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alesandra RodriguezBoard Member
Carolina FrancoBoard Member
Chris HerterBoard Member
Dana PodellBoard Member
Emily Aldeen PoddarBoard Member
Shana ValezBoard Member
Julie ChickilloBoard Presid
Laura PrettyExecutive Di
Christina WilliamsSecretary
Trisha SlevinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$384,579
Program Service Revenue
$2,245,487
Investment Income
$60,220
Other Revenue
$0
All Other Contributions
$81,235
Change in Net Assets
$-141,515

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,690,286
Total Revenue per Audited Statements
$2,690,286
Total Revenue per Form 990
$2,690,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,040,644
Other Expenses$791,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,439,570$358,258-$1,797,828
Depreciation Depletion$25,957$180,647-$206,604
Occupancy-$131,291-$131,291
Payroll Taxes$99,654$24,913-$124,567
Other Employee Benefits$94,599$23,650-$118,249
Insurance$63,058$7,264-$70,322
Fees for Services Accounting-$67,134-$67,134
Interest-$55,283-$55,283
Office Expenses$9,693$16,012-$25,705
Other Expenses$24,763$28,160-$24,763
Travel$19,848--$19,848
Advertising$11,341--$11,341
All Other Expenses$2,566$5,995-$8,561
Information Technology$984$5,630-$6,614
Fees for Services Other-$6,199-$6,199
Total Functional Expenses$1,921,365$910,436$0$2,831,801

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,831,801
Total Expenses per Audited Statements$2,831,801
Total Expenses per Form 990$2,831,801
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
Lease Liability$923,903
Due to Monarch Charter$43,089
Accrued Liabilities$14,175
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The organization's contract cfo and board of directors review the 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members are required to disclose any conflict of interest annually upon voting on any transactions.

Form 990, Page 6, Part VI, Line 15A

The cfo provides this information directly to the board and is independent of the school. Annual salary surveys are done for the surrounding schools for similar positions by the cfo. These comparisons are available to the board prior to making contract offers to the principal.

Form 990, Page 6, Part VI, Line 15B

The executive director provides this information directly to the board. Annual salary surveys are done for hte surrounding schools for similar positions by the executive director. These comparisons are avilable to the board prior to making contract offers to key employees.

Form 990, Page 6, Part VI, Line 19

All documentation is available of the organization's website or by request.

Filing and Contact Details

Filer

Filer Name
Monarch Montessori of Denver
EIN
27-2168985
Phone
7207462140
Address
4895 PEORIA STREET, DENVER, CO 80239

Signing Officer

Name
Laura Pretty
Title
Executive Director
Phone
7207462140
Signed
2025-11-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Chickillo
Formed
2010
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
60
Volunteers
9

Preparer

Firm
Prospective Business Solutions LLC
Address
26 W DRY CREEK CIRCLE SUITE 600, LITTLETON, CO 80120
Preparer
Uli Keeley
Phone
7202176601
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We aim to help each child reach their full potential in all areas of life. Monarch montessori provides a holistic approach to learning, based on the educational philosophy of dr. Montessori. Our experienced educators tailor to the individual need of each child, while our program welcomes families of all race, ethnicity, and economic background. This method supports our students as the become engaged learneds today and leaders of the future tomorrow.

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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016173
IRS990/PrincipalOfficerNm0JULIE CHICKILLO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02231167
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02231167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt290
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IRS990/PYContributionsGrantsAmt0785905
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0831235
IRS990/PYOtherRevenueAmt073951
IRS990/PYProgramServiceRevenueAmt02244081
IRS990/PYRevenuesLessExpensesAmt0159715
IRS990/PYSalariesCompEmpBnftPaidAmt02112987
IRS990/PYTotalExpensesAmt02944222
IRS990/PYTotalRevenueAmt03103937
IRS990/ReconcilationRevenueExpnssAmt0-141515
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt033901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036067
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069968
IRS990ScheduleD/ExpensesSubtotalAmt02831801
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt031800
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0206698
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0238498
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0907864
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0743589
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01651453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0923903
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MONARCH CHARTER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt02690286
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0973565
IRS990ScheduleD/TotalExpensesPerForm990Amt02831801
IRS990ScheduleD/TotalLiabilityAmt0981167
IRS990ScheduleD/TotalRevenuePerForm990Amt02690286
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02690286
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02831801
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THESE POLICIES ARE AVAILABLE UPON REQUEST AND ARE POSTED ON THE WEBSITE AND IN ALL HANDBOOKS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES GRANTS AND CONTRIBUTIONS FROM THE COLORADO DEPARTMENT OF EDUCATION AND FROM DENVER PUBLIC SCHOOLS DISTRICT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE AIM TO HELP EACH CHILD REACH THEIR FULL POTENTIAL IN ALL AREAS OF LIFE. MONARCH MONTESSORI PROVIDES A HOLISTIC APPROACH TO LEARNING, BASED ON THE EDUCATIONAL PHILOSOPHY OF DR. MONTESSORI. OUR EXPERIENCED EDUCATORS TAILOR TO THE INDIVIDUAL NEED OF EACH CHILD, WHILE OUR PROGRAM WELCOMES FAMILIES OF ALL RACE, ETHNICITY, AND ECONOMIC BACKGROUND. THIS METHOD SUPPORTS OUR STUDENTS AS THE BECOME ENGAGED LEARNEDS TODAY AND LEADERS OF THE FUTURE TOMORROW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S CONTRACT CFO AND BOARD OF DIRECTORS REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST ANNUALLY UPON VOTING ON ANY TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CFO PROVIDES THIS INFORMATION DIRECTLY TO THE BOARD AND IS INDEPENDENT OF THE SCHOOL. ANNUAL SALARY SURVEYS ARE DONE FOR THE SURROUNDING SCHOOLS FOR SIMILAR POSITIONS BY THE CFO. THESE COMPARISONS ARE AVAILABLE TO THE BOARD PRIOR TO MAKING CONTRACT OFFERS TO THE PRINCIPAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR PROVIDES THIS INFORMATION DIRECTLY TO THE BOARD. ANNUAL SALARY SURVEYS ARE DONE FOR HTE SURROUNDING SCHOOLS FOR SIMILAR POSITIONS BY THE EXECUTIVE DIRECTOR. THESE COMPARISONS ARE AVILABLE TO THE BOARD PRIOR TO MAKING CONTRACT OFFERS TO KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTATION IS AVAILABLE OF THE ORGANIZATION'S WEBSITE OR BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01963988
IRS990/TotalAssetsEOYAmt02537580
IRS990/TotalAssetsGrp/BOYAmt01963988
IRS990/TotalAssetsGrp/EOYAmt02537580
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0384579
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0910436
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01921365
IRS990/TotalFunctionalExpensesGrp/TotalAmt02831801
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0291193
IRS990/TotalLiabilitiesEOYAmt01006300
IRS990/TotalLiabilitiesGrp/BOYAmt0291193
IRS990/TotalLiabilitiesGrp/EOYAmt01006300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01672795
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01531280
IRS990/TotalProgramServiceExpensesAmt01921365
IRS990/TotalProgramServiceRevenueAmt02245487
IRS990/TotalRevenueGrp/ExclusionAmt060220
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02245487
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02690286
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01963988
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02537580
IRS990/TravelGrp/ProgramServicesAmt019848
IRS990/TravelGrp/TotalAmt019848
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04895 PEORIA STREET
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080239
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.MONARCHM.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA PRETTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07207462140
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONARCH MONTESSORI OF DENVER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FIRST STEPS
ReturnHeader/Filer/BusinessNameControlTxt0MONA
ReturnHeader/Filer/EIN0272168985
ReturnHeader/Filer/PhoneNum07207462140
ReturnHeader/Filer/USAddress/AddressLine1Txt04895 PEORIA STREET
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080239

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