Civic Intelligence

Central Montessori Academy Association Inc.

990 • Fiscal year 2019 • EIN 31-0966178

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 07, 2020

1904 Springdale RoadCincinnati, OH 45231

(513) 742-5800

Siviq Scores

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

Liabilities / Assets

71st percentile

0.28x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.34x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

22nd percentile

-8.6%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

46th percentile

$52,836

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

13th percentile

-8.9%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

46th percentile

2.6%

Faster revenue growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,668,200

Down $162,140 (-8.9%) from 2018

Net Assets

Down

$1,204,917

Down $126,408 (-9.5%) from 2018

Liabilities

Down

$463,283

Down $35,732 (-7.2%) from 2018

Revenue

Up

$1,365,692

Up $34,255 (+2.6%) from 2018

Expenses

Up

$1,482,997

Up $190,688 (+15%) from 2018

Net Income

Down

-$117,305

Down $156,433 (-400%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,709,648Liabilities 2012: $704,291Net Assets 2012: $1,005,3572012Assets 2013: $1,684,296Liabilities 2013: $657,973Net Assets 2013: $1,026,3232013Assets 2014: $1,670,617Liabilities 2014: $629,576Net Assets 2014: $1,041,0412014Assets 2015: $1,651,491Liabilities 2015: $571,652Net Assets 2015: $1,079,8392015Assets 2016: $1,716,329Liabilities 2016: $527,312Net Assets 2016: $1,189,0172016Assets 2017: $1,779,468Liabilities 2017: $507,667Net Assets 2017: $1,271,8012017Assets 2018: $1,830,340Liabilities 2018: $499,015Net Assets 2018: $1,331,3252018Assets 2019: $1,668,200Liabilities 2019: $463,283Net Assets 2019: $1,204,9172019Assets 2020: $1,594,570Liabilities 2020: $575,274Net Assets 2020: $1,019,2962020Assets 2021: $1,562,216Liabilities 2021: $377,707Net Assets 2021: $1,184,5092021Assets 2022: $1,424,782Liabilities 2022: $350,606Net Assets 2022: $1,074,1762022Assets 2023: $1,392,376Liabilities 2023: $344,133Net Assets 2023: $1,048,2432023Assets 2024: $2,359,997Liabilities 2024: $1,014,286Net Assets 2024: $1,345,7112024

Highlighted filing

2019

Assets$1,668,200
Liabilities$463,283
Net Assets$1,204,917

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,011,8242012Expenses 2013: $1,048,8702013Revenue 2014: $1,117,866Expenses 2014: $1,126,230Net Income 2014: -$8,3642014Revenue 2015: $1,180,122Expenses 2015: $1,119,301Net Income 2015: $60,8212015Revenue 2016: $1,329,948Expenses 2016: $1,195,035Net Income 2016: $134,9132016Revenue 2017: $1,198,331Expenses 2017: $1,144,796Net Income 2017: $53,5352017Revenue 2018: $1,331,437Expenses 2018: $1,292,309Net Income 2018: $39,1282018Revenue 2019: $1,365,692Expenses 2019: $1,482,997Net Income 2019: -$117,3052019Revenue 2020: $1,298,100Expenses 2020: $1,470,496Net Income 2020: -$172,3962020Revenue 2021: $1,503,082Expenses 2021: $1,440,834Net Income 2021: $62,2482021Revenue 2022: $1,698,269Expenses 2022: $1,710,341Net Income 2022: -$12,0722022Revenue 2023: $2,025,154Expenses 2023: $2,054,670Net Income 2023: -$29,5162023Revenue 2024: $1,853,685Expenses 2024: $1,556,218Net Income 2024: $297,4672024

Highlighted filing

2019

Revenue$1,365,692
Expenses$1,482,997
Net Income-$117,305
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 7, 2020
Return Version
2018v3.1
Gross Receipts
$1,376,893
Mission and Program Overview

Mission

To provide a montessori-type education to students who will develop into self-motivated, self-disciplined, active, independent learners possessing positive values to last a lifetime.

As members of a community of children, parents and teachers, rooted in the montessori philosophy, our students will develop into self-motivated, self-disciplined, active, independent learners possessing positive values to last a lifetime.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,092,218$1,054,520▼ $37,698
Investments in Publicly Traded Securities$505,729$548,088▲ $42,359
Savings and Temporary Cash Investments$60,516$31,066▼ $29,450
Accounts Receivable$35,855$20,525▼ $15,330
Cash and Non-Interest-Bearing Accounts$134,834$12,808▼ $122,026
Prepaid Expenses and Deferred Charges$1,188$1,193▲ $5
Total Assets$1,830,340$1,668,200▼ $162,140
Liabilities
Mortgage Notes Payable Secured by Investment Property$385,284$355,425▼ $29,859
Accounts Payable and Accrued Expenses$66,557$75,137▲ $8,580
Deferred Revenue$47,174$32,721▼ $14,453
Total Liabilities$499,015$463,283▼ $35,732
Net Assets / Fund Balance
Unrestricted Net Assets$1,326,005$1,204,917▼ $121,088
Temporarily Rstr Net Assets$5,320$0▼ $5,320
Total Net Assets Fund Balance$1,331,325$1,204,917▼ $126,408
Total Liabilities and Net Assets / Fund Balance$1,830,340$1,668,200▼ $162,140

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$839,373$570,935$1,410,308
Equipment$103,241$87,188$190,429
Land$111,906-$111,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristin PattersonHead of SchoolFT$52,836$52,836

Board Members and Trustees

NameTitle
Amanda SopkoPresident
Shari CoffeyVice President
NA'TIMA HARRISONMember at Large
Alison HadleySecretary
Brenda WolfersbergerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,272,535
Investment Income
$28,982
Other Revenue
$64,175
Change in Net Assets
$-117,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,365,692
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,098
Total Revenue per Audited Statements
$1,367,790
Total Revenue per Form 990
$1,365,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$868,506
Other Expenses$614,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$586,227$103,206-$689,433
Other Employee Benefits$49,715$14,030-$63,745
Comp Disqual Persons-$62,235-$62,235
Payroll Taxes$41,407$11,686-$53,093
Depreciation Depletion$47,337$5,260-$52,597
All Other Expenses$45,350$917-$46,267
Occupancy$23,359$2,595-$25,954
Other Expenses$25,148$22,382-$22,382
Interest$15,268$1,697-$16,965
Fees for Services Accounting-$15,437-$15,437
Office Expenses$8,421$4,471-$12,892
Advertising-$11,604-$11,604
Fees for Service Investment Mgmnt Fees-$6,969-$6,969
Insurance$6,121$680-$6,801
Information Technology-$3,668-$3,668
Fees for Services Other-$1,473-$1,473
Total Functional Expenses$1,211,893$271,104$0$1,482,997

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,494,198
Expenses per Audited Statements$1,482,997
Total Expenses per Form 990$1,482,997
Expenses Not Reported on Form 990$11,201
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,916
Fundraising Direct Expenses$11,201
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk-a-thon$16,441$16,441$1,390$15,051
Auction$7,690$7,690$1,033$6,657
Total Events$41,916$41,916$11,201$30,715
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Management duties delegated
No

Governance Explanations

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

The board of trustees are voted in by the association members.

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

The board is provided with a draft copy of the 990 for review prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Central Montessori Academy
EIN
31-0966178
Phone
5137425800
Address
1904 SPRINGDALE ROAD, CINCINNATI, OH 45231

Signing Officer

Name
Amanda Sopko
Title
President
Phone
5137425800
Signed
2020-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Sopko
Formed
1979
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
26
Volunteers
35

Preparer

Firm
Rudler Psc
Address
SUITE 200 1881 DIXIE HIGHWAY, FORT WRIGHT, KY 41011
Preparer
Michael J Lenihan CPA
Phone
8593311717
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses not included in revenue of audited financial statements 11,201.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses not included in revenue of audited financial statements 11,201.

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IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030052
IRS990/PYOtherExpensesAmt0588127
IRS990/PYOtherRevenueAmt067921
IRS990/PYProgramServiceRevenueAmt01233464
IRS990/PYRevenuesLessExpensesAmt039128
IRS990/PYSalariesCompEmpBnftPaidAmt0704182
IRS990/PYTotalExpensesAmt01292309
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01331437
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-117305
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01305995
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060516
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031066
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0839373
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0570935
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01410308
IRS990ScheduleD/EquipmentGrp/BookValueAmt0103241
IRS990ScheduleD/EquipmentGrp/DepreciationAmt087188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0190429
IRS990ScheduleD/ExpensesNotReportedAmt011201
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01482997
IRS990ScheduleD/LandGrp/BookValueAmt0111906
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111906
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-9103
IRS990ScheduleD/OtherExpensesIncludedAmt011201
IRS990ScheduleD/OtherRevenueAmt011201
IRS990ScheduleD/RevenueNotReportedAmt02098
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01365692
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES NOT INCLUDED IN REVENUE OF AUDITED FINANCIAL STATEMENTS 11,201.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NOT INCLUDED IN REVENUE OF AUDITED FINANCIAL STATEMENTS 11,201.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01054520
IRS990ScheduleD/TotalExpensesPerForm990Amt01482997
IRS990ScheduleD/TotalRevenuePerForm990Amt01365692
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01367790
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01494198
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 PUBLISHES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011201
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WALK-A-THON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07690
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016441
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt017785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt041916
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07690
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt016441
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt017785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt041916
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030715
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08778
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011201
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01033
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01390
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt08
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES ARE VOTED IN BY THE ASSOCIATION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS PROVIDED WITH A DRAFT COPY OF THE 990 FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05320
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01830340
IRS990/TotalAssetsEOYAmt01668200
IRS990/TotalAssetsGrp/BOYAmt01830340
IRS990/TotalAssetsGrp/EOYAmt01668200
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0271104
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01211893
IRS990/TotalFunctionalExpensesGrp/TotalAmt01482997
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0499015
IRS990/TotalLiabilitiesEOYAmt0463283
IRS990/TotalLiabilitiesGrp/BOYAmt0499015
IRS990/TotalLiabilitiesGrp/EOYAmt0463283
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01331325
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01204917
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01211893
IRS990/TotalProgramServiceRevenueAmt01272535
IRS990/TotalReportableCompFromOrgAmt052836
IRS990/TotalRevenueGrp/ExclusionAmt059697
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01305995
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01365692
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01830340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01668200
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01326005
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01204917
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01904 SPRINGDALE ROAD
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045231
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.CENTRALMONTESSORIACADEMY.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMANDA SOPKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05137425800
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL MONTESSORI ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0CENT

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