Civic Intelligence

Montessori Academy in the Oaks Inc

EIN 35-1129816 • 501(c)3 • Hobart, IN

Profile

Education of children ages 2 through 12 according to the principles of Maria Montessori

2109 E 57th AvenueHobart, IN 46342

maitoschool.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.02x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

43rd percentile

-0.9%

Higher net margin than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-6.3%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

56%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$107,305

Down $7,191 (-6.3%) from 2023

Liabilities

Down

$2,462

Down $3,837 (-61%) from 2023

Net Assets

Down

$104,843

Down $3,354 (-3.1%) from 2023

Revenue

Up

$382,762

Up $137,385 (+56%) from 2023

Expenses

Up

$386,116

Up $105,439 (+38%) from 2023

Net Income

Up

-$3,354

Up $31,946 (+90%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $224,129Liabilities 2011: $200,787Net Assets 2011: $23,3422011Assets 2012: $235,580Liabilities 2012: $190,619Net Assets 2012: $44,9612012Assets 2013: $244,839Liabilities 2013: $173,826Net Assets 2013: $71,0132013Assets 2014: $231,861Liabilities 2014: $158,172Net Assets 2014: $73,6892014Assets 2015: $200,149Liabilities 2015: $141,203Net Assets 2015: $58,9462015Assets 2016: $170,061Liabilities 2016: $123,393Net Assets 2016: $46,6682016Assets 2017: $164,970Liabilities 2017: $114,719Net Assets 2017: $50,2512017Assets 2018: $161,483Liabilities 2018: $100,031Net Assets 2018: $61,4522018Assets 2019: $186,154Liabilities 2019: $83,619Net Assets 2019: $102,5352019Assets 2020: $200,077Liabilities 2020: $101,498Net Assets 2020: $98,5792020Assets 2021: $187,004Liabilities 2021: $48,126Net Assets 2021: $138,8782021Assets 2022: $169,810Liabilities 2022: $1,847Net Assets 2022: $167,9632022Assets 2023: $114,496Liabilities 2023: $6,299Net Assets 2023: $108,1972023Assets 2024: $107,305Liabilities 2024: $2,462Net Assets 2024: $104,8432024

Highlighted filing

2024

Assets$107,305
Liabilities$2,462
Net Assets$104,843

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $265,4292011Expenses 2012: $269,6472012Expenses 2013: $270,2932013Revenue 2014: $262,369Expenses 2014: $259,693Net Income 2014: $2,6762014Revenue 2015: $238,387Expenses 2015: $253,130Net Income 2015: -$14,7432015Revenue 2016: $252,949Expenses 2016: $265,227Net Income 2016: -$12,2782016Revenue 2017: $280,403Expenses 2017: $276,820Net Income 2017: $3,5832017Revenue 2018: $296,754Expenses 2018: $285,553Net Income 2018: $11,2012018Revenue 2019: $349,981Expenses 2019: $308,898Net Income 2019: $41,0832019Revenue 2020: $287,529Expenses 2020: $291,485Net Income 2020: -$3,9562020Revenue 2021: $246,102Expenses 2021: $205,803Net Income 2021: $40,2992021Revenue 2022: $255,126Expenses 2022: $226,041Net Income 2022: $29,0852022Revenue 2023: $245,377Expenses 2023: $280,677Net Income 2023: -$35,3002023Revenue 2024: $382,762Expenses 2024: $386,116Net Income 2024: -$3,3542024

Highlighted filing

2024

Revenue$382,762
Expenses$386,116
Net Income-$3,354

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.07$0.02$1.05$3.83$3.86$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.06$1.08$2.45$2.81$0.35
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.02$1.68$2.55$2.26$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.48$1.39$2.46$2.06$0.40
2020Detailed filing. Detailed filing data is available for this year.$2.00$1.01$0.99$2.88$2.91$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.84$1.03$3.50$3.09$0.41
2018Detailed filing. Detailed filing data is available for this year.$1.61$1.00$0.61$2.97$2.86$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.65$1.15$0.50$2.80$2.77$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.70$1.23$0.47$2.53$2.65$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.00$1.41$0.59$2.38$2.53$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.32$1.58$0.74$2.62$2.60$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$1.74$0.71$2.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$1.91$0.45$2.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$2.01$0.23$2.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$391,946
Mission and Program Overview

Mission

Education of children ages 2 through 12 according to the principles of Maria Montessori

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$96,716$92,793▼ $3,923
Cash and Non-Interest-Bearing Accounts$10,315$14,192▲ $3,877
Savings and Temporary Cash Investments$7,065--
Intangible Assets$400$320▼ $80
Total Assets$114,496$107,305▼ $7,191
Liabilities
Accounts Payable and Accrued Expenses$6,299$2,462▼ $3,837
Total Liabilities$6,299$2,462▼ $3,837
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$108,197$104,843▼ $3,354
Total Net Assets Fund Balance$108,197$104,843▼ $3,354
Total Liabilities and Net Assets / Fund Balance$114,496$107,305▼ $7,191

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$70,584$416,522$487,106
Equipment$8,559$48,116$56,675
Land$13,650-$13,650
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth CarothersPresident
Jackie JenningsDirector
Neil DimosDirector
Tiffany PolusDirector
Patty NewenhouseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$360,439
Investment Income
$12
Other Revenue
$22,311
Change in Net Assets
$-3,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$276,151
Other Expenses$109,965
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$256,527--$256,527
Occupancy$41,837--$41,837
Payroll Taxes$19,624--$19,624
Insurance$18,589--$18,589
Office Expenses$1,239$12,372-$13,611
All Other Expenses$8,892--$8,892
Fees for Services Accounting-$7,075-$7,075
Depreciation Depletion$6,932$80-$7,012
Other Expenses$5,497$2,881-$5,497
Fees for Services Other-$1,375-$1,375
Total Functional Expenses$362,333$23,783$0$386,116
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,158
Fundraising Direct Expenses$9,184
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$17,517$17,517$6,651$10,866
School Suppl$6,368$6,368$1,752$4,616
Total Events$29,158$29,158$9,184$19,974
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
No
Backup withholding compliance
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
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 governing body review Part VI line 11

No review was conducted or will be conducted

Governing documents etc available to public Part VI line 19

No documents available to the public unless requested.

Filing and Contact Details

Filer

Filer Name
Montessori Academy in the Oaks Inc
EIN
35-1129816
Address
2109 E 57th Avenue, Hobart, IN 46342

Signing Officer

Name
Elizabeth Carothers
Title
President
Phone
2199429410
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1966
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
18

Preparer

Firm
Eckels & Company PC
Address
211 Center Street, Hobart, IN 46342
Preparer
Theodore R Eckels
Phone
2199471113
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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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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0781
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09184
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06651
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01752
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was conducted or will be conducted
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public unless requested.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023783
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0362333
IRS990/TotalFunctionalExpensesGrp/TotalAmt0386116
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06299
IRS990/TotalLiabilitiesEOYAmt02462
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IRS990/TotalLiabilitiesGrp/EOYAmt02462
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0104843
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0360439
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0362788
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0382762
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Carothers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02199429410
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Montessori Academy in the Oaks Inc
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0351129816
ReturnHeader/Filer/USAddress/AddressLine1Txt02109 E 57th Avenue
ReturnHeader/Filer/USAddress/CityNm0Hobart
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046342
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351596169
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eckels & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 Center Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hobart
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046342
ReturnHeader/PreparerPersonGrp/PhoneNum02199471113
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Theodore R Eckels
ReturnHeader/ReturnTs02025-05-15T09:54:17-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31
ReturnHeader/TaxYr02023

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