Civic Intelligence

Martin Luther King School Inc.

990 • Fiscal year 2014 • EIN 35-1161409

Aug 01, 2013 to Jul 31, 2014 • Filed on Oct 24, 2014

6001 S Anthony Blvd46816

(260) 423-4333

Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

31st percentile

0.04x

Higher debt load relative to revenue than 31% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$55,731

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

66th percentile

7.7%

Faster asset growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$2,594,184

Up $185,226 (+7.7%) from 2013

Net Assets

Up

$2,554,909

Up $177,828 (+7.5%) from 2013

Liabilities

Up

$39,275

Up $7,398 (+23%) from 2013

Revenue

$1,034,517

No earlier filing loaded for comparison.

Expenses

Down

$861,468

Down $22,797 (-2.6%) from 2013

Net Income

$173,049

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,144,170Liabilities 2010: $33,609Net Assets 2010: $2,110,5612010Assets 2011: $2,551,697Liabilities 2011: $30,572Net Assets 2011: $2,521,1252011Assets 2012: $2,494,423Liabilities 2012: $31,626Net Assets 2012: $2,462,7972012Assets 2013: $2,408,958Liabilities 2013: $31,877Net Assets 2013: $2,377,0812013Assets 2014: $2,594,184Liabilities 2014: $39,275Net Assets 2014: $2,554,9092014Assets 2015: $2,602,871Liabilities 2015: $56,958Net Assets 2015: $2,545,9132015Assets 2016: $2,569,807Liabilities 2016: $35,007Net Assets 2016: $2,534,8002016Assets 2017: $2,948,436Liabilities 2017: $25,790Net Assets 2017: $2,922,6462017Assets 2018: $3,388,299Liabilities 2018: $44,578Net Assets 2018: $3,343,7212018Assets 2019: $3,270,373Liabilities 2019: $49,797Net Assets 2019: $3,220,5762019Assets 2020: $3,374,096Liabilities 2020: $162,683Net Assets 2020: $3,211,4132020Assets 2021: $3,589,425Liabilities 2021: $128,830Net Assets 2021: $3,460,5952021Assets 2022: $3,869,747Liabilities 2022: $232,928Net Assets 2022: $3,636,8192022Assets 2023: $3,460,062Liabilities 2023: $44,325Net Assets 2023: $3,415,7372023Assets 2024: $3,272,629Liabilities 2024: $55,622Net Assets 2024: $3,217,0072024Assets 2025: $3,426,544Liabilities 2025: $33,017Net Assets 2025: $3,393,5272025

Highlighted filing

2014

Assets$2,594,184
Liabilities$39,275
Net Assets$2,554,909

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $877,8632010Expenses 2011: $942,7892011Expenses 2012: $895,4362012Expenses 2013: $884,2652013Revenue 2014: $1,034,517Expenses 2014: $861,468Net Income 2014: $173,0492014Revenue 2015: $815,116Expenses 2015: $837,133Net Income 2015: -$22,0172015Revenue 2016: $1,077,133Expenses 2016: $1,051,637Net Income 2016: $25,4962016Revenue 2017: $1,290,828Expenses 2017: $978,116Net Income 2017: $312,7122017Revenue 2018: $1,280,968Expenses 2018: $901,726Net Income 2018: $379,2422018Revenue 2019: $786,619Expenses 2019: $895,534Net Income 2019: -$108,9152019Revenue 2020: $963,731Expenses 2020: $1,046,037Net Income 2020: -$82,3062020Revenue 2021: $990,136Expenses 2021: $940,580Net Income 2021: $49,5562021Revenue 2022: $1,572,364Expenses 2022: $1,211,292Net Income 2022: $361,0722022Revenue 2023: $1,242,037Expenses 2023: $1,323,726Net Income 2023: -$81,6892023Revenue 2024: $979,299Expenses 2024: $1,276,613Net Income 2024: -$297,3142024Revenue 2025: $1,381,564Expenses 2025: $1,296,256Net Income 2025: $85,3082025

Highlighted filing

2014

Revenue$1,034,517
Expenses$861,468
Net Income$173,049
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Oct 24, 2014
Return Version
2013v3.1
Gross Receipts
$1,378,192
Mission and Program Overview

Mission

To provide quality care and education that fosters the childs natural ability to learn while promoting self confidence, social/cognitive development and independence. Provide services to families who may not otherwise afford the benefits of quality early childhood education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,057,477$1,128,807▲ $71,330
Land, Buildings, and Equipment, Net$624,886$590,228▼ $34,658
Savings and Temporary Cash Investments$191,621$314,383▲ $122,762
Cash and Non-Interest-Bearing Accounts$365,572$250,593▼ $114,979
Pledges and Grants Receivable$126,265$243,547▲ $117,282
Accounts Receivable$20,038$41,475▲ $21,437
Investments Other Securities$19,267$21,330▲ $2,063
Prepaid Expenses and Deferred Charges$3,832$3,063▼ $769
Other Notes and Loans Receivable, Net-$758-
Total Assets$2,408,958$2,594,184▲ $185,226
Liabilities
Accounts Payable and Accrued Expenses$31,877$39,275▲ $7,398
Total Liabilities$31,877$39,275▲ $7,398
Net Assets / Fund Balance
Unrestricted Net Assets$1,197,810$1,174,990▼ $22,820
Permanently Rstr Net Assets$800,400$800,400→ $0
Temporarily Rstr Net Assets$378,871$579,519▲ $200,648
Total Net Assets Fund Balance$2,377,081$2,554,909▲ $177,828
Total Liabilities and Net Assets / Fund Balance$2,408,958$2,594,184▲ $185,226

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$414,319$64,598$478,917
Equipment$62,634$314,216$376,850
Land$113,275-$113,275

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,057,477-▲ $119,623$40,100$1,128,806
2012$968,386-▲ $116,607$20,000$1,057,477
2011$926,572-▲ $48,718-$968,386
2010$801,755-▲ $130,587-$926,572
2009$797,254$3,146▲ $6,809-$801,755
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greta MckinneyExec DirectoFT$46,307$9,424$55,731

Board Members and Trustees

NameTitle
Andrea KendallPresident
Dawn KennedyDirector
Diamond RobinsonDirector
Diane BurtDirector
Lon BohnkeDirector
Martha FlemingDirector
Brandon WhiteSecretary
Emily SzaferskiTreasurer
Rob KrugerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$427,807
Program Service Revenue
$487,903
Investment Income
$117,313
Other Revenue
$1,494
All Other Contributions
$306,519
Change in Net Assets
$173,049

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,034,517
Revenue Not Reported on Form 990
$4,829
Total Revenue per Audited Statements
$1,039,346
Total Revenue per Form 990
$1,034,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$544,235
Other Expenses$317,233
Total Fundraising Expense$27,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$290,573$84,031-$374,604
Other Employee Benefits$68,229$5,978$167$74,374
Current Officers, Directors, Trustees, and Key Employees$39,721$9,776$11,611$61,108
Occupancy$36,393$2,370$237$39,000
Depreciation Depletion$31,719$2,939-$34,658
Payroll Taxes$25,968$7,394$787$34,149
Fees for Services Other$12,853$3,094$9,086$25,033
Fees for Services Accounting-$22,737-$22,737
Office Expenses$6,395$7,916$265$14,576
Fees for Service Investment Mgmnt Fees-$8,345-$8,345
Other Expenses$2,200$2,172$1,075$5,447
Information Technology-$3,414-$3,414
Advertising$25$790$2,114$2,929
Travel$229$302$84$615
Total Functional Expenses$669,376$164,458$27,634$861,468

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$861,518
Expenses per Audited Statements$861,468
Total Expenses per Form 990$861,468
Expenses Not Reported on Form 990$50
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
Governance and Compliance

Governance Checklist

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

The irs form 990 is reviewed by the finance and executive committees, as well as the full board of directors.

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

Compensation is determined by the executive committee and approved by the entire board annually.

Form 990, Page 6, Part VI, Line 18

The organization's 990s for the last three years are available at www.guidestar.org.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are provided upon request.

Filing and Contact Details

Filer

EIN
35-1161409
Phone
2604234333

Signing Officer

Name
Greta Mckinney
Title
Executive Director
Phone
2604234333
Signed
2014-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greta Mckinney
Formed
1969
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
35
Volunteers
15

Preparer

Preparer
Susan a Berghoff CPA
Phone
2604232414
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Martin luther king montessori school, inc.

FORM 990 - ORGANIZATION'S MISSION

To provide quality care and education that fosters the childs natural ability to learn while promoting self confidence, social/cognitive development and independence. Provide services to families who may not otherwise afford the benefits of quality early childhood education.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowments have been established to provide scholarships for students to offset tuition and teachers to attend training.

Schedule D, Page 3, Part X

The school is a nonprofit voluntary health and welfare organization, exempt from income tax under section 501(c)(3) of the internal revenue code, and qualifies for the 50% charitable contributions deduction limitation. The school has been classified as an organization that is not a private foundation under section 509(a) of the internal revenue code. The schools income tax filings are subject to audit by various taxing authorities. The school is no longer subject to income tax examinations by taxing authorities for tax years ending on or before july 31, 2010.

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IRS990/MissionDesc0TO PROVIDE QUALITY CARE AND EDUCATION THAT FOSTERS THE CHILDS NATURAL ABILITY TO LEARN WHILE PROMOTING SELF CONFIDENCE, SOCIAL/COGNITIVE DEVELOPMENT AND INDEPENDENCE. PROVIDE SERVICES TO FAMILIES WHO MAY NOT OTHERWISE AFFORD THE BENEFITS OF QUALITY EARLY CHILDHOOD EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02377081
IRS990/NetAssetsOrFundBalancesEOYAmt02554909
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt090635
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt090635
IRS990/NetUnrlzdGainsLossesInvstAmt04779
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0237
IRS990/OccupancyGrp/ManagementAndGeneralAmt02370
IRS990/OccupancyGrp/ProgramServicesAmt036393
IRS990/OccupancyGrp/TotalAmt039000
IRS990/OfficeExpensesGrp/FundraisingAmt0265
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07916
IRS990/OfficeExpensesGrp/ProgramServicesAmt06395
IRS990/OfficeExpensesGrp/TotalAmt014576
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0167
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05978
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt068229
IRS990/OtherEmployeeBenefitsGrp/TotalAmt074374
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2BUSINESS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt02208
IRS990/OtherExpensesGrp/FundraisingAmt11075
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02493
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1707
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22172
IRS990/OtherExpensesGrp/ProgramServicesAmt0150029
IRS990/OtherExpensesGrp/ProgramServicesAmt15042
IRS990/OtherExpensesGrp/ProgramServicesAmt22200
IRS990/OtherExpensesGrp/TotalAmt0154730
IRS990/OtherExpensesGrp/TotalAmt15749
IRS990/OtherExpensesGrp/TotalAmt25447
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01494
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01494
IRS990/OtherRevenueTotalAmt01494
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084031
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0290573
IRS990/OtherSalariesAndWagesGrp/TotalAmt0374604
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0758
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0787
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07394
IRS990/PayrollTaxesGrp/ProgramServicesAmt025968
IRS990/PayrollTaxesGrp/TotalAmt034149
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0800400
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0800400
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0126265
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0243547
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03832
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03063
IRS990/PrincipalOfficerNm0GRETA MCKINNEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0487903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0487903
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0191115
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt080856
IRS990/PYOtherExpensesAmt0301111
IRS990/PYOtherRevenueAmt01340
IRS990/PYProgramServiceRevenueAmt0486391
IRS990/PYRevenuesLessExpensesAmt0-124563
IRS990/PYSalariesCompEmpBnftPaidAmt0583154
IRS990/PYTotalExpensesAmt0884265
IRS990/PYTotalRevenueAmt0759702
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0173049
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0487903
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0191621
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0314383
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0414319
IRS990ScheduleD/BuildingsGrp/DepreciationAmt064598
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0478917
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt08194
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01057477
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01128806
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0119623
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt040100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt07516
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0968386
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01057477
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0116607
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt020000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06904
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0926572
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0968386
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt048718
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt05770
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0801755
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0926572
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0130587
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt05454
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0797254
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03146
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0801755
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06809
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt050
IRS990ScheduleD/DonatedServicesUseFcltsAmt050
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt062634
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0314216
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0376850
IRS990ScheduleD/ExpensesNotReportedAmt050
IRS990ScheduleD/ExpensesSubtotalAmt0861468
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0113275
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0113275
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04779
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.71000
IRS990ScheduleD/RevenueNotReportedAmt04829
IRS990ScheduleD/RevenueSubtotalAmt01034517
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENTS HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS FOR STUDENTS TO OFFSET TUITION AND TEACHERS TO ATTEND TRAINING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A NONPROFIT VOLUNTARY HEALTH AND WELFARE ORGANIZATION, EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND QUALIFIES FOR THE 50% CHARITABLE CONTRIBUTIONS DEDUCTION LIMITATION. THE SCHOOL HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE SCHOOLS INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR TAX YEARS ENDING ON OR BEFORE JULY 31, 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.29000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0590228
IRS990ScheduleD/TotalExpensesPerForm990Amt0861468
IRS990ScheduleD/TotalRevenuePerForm990Amt01034517
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01039346
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0861518
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A RACIALLY NONDISCRIMINATORY POLICY; HOWEVER, IT HAS NOT BEEN PUBLICIZED IN THE NEWSPAPER OR BROADCAST MEDIA.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FUNDS THROUGH THE DEPARTMENT OF EDUCATION CCDF VOUCHER PROGRAM AND DEPARTMENT OF AGRICULTURE CHILD AND ADULT CARE FOOD PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARTIN LUTHER KING MONTESSORI SCHOOL, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE QUALITY CARE AND EDUCATION THAT FOSTERS THE CHILDS NATURAL ABILITY TO LEARN WHILE PROMOTING SELF CONFIDENCE, SOCIAL/COGNITIVE DEVELOPMENT AND INDEPENDENCE. PROVIDE SERVICES TO FAMILIES WHO MAY NOT OTHERWISE AFFORD THE BENEFITS OF QUALITY EARLY CHILDHOOD EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE IRS FORM 990 IS REVIEWED BY THE FINANCE AND EXECUTIVE COMMITTEES, AS WELL AS THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE ENTIRE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S 990S FOR THE LAST THREE YEARS ARE AVAILABLE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.43$0.03$3.39$1.38$1.30$0.09
2024Detailed filing. Detailed filing data is available for this year.$3.27$0.06$3.22$0.98$1.28$0.30
2023Detailed filing. Detailed filing data is available for this year.$3.46$0.04$3.42$1.24$1.32$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.87$0.23$3.64$1.57$1.21$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.13$3.46$0.99$0.94$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.16$3.21$0.96$1.05$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.27$0.05$3.22$0.79$0.90$0.11
2018Detailed filing. Detailed filing data is available for this year.$3.39$0.04$3.34$1.28$0.90$0.38
2017Detailed filing. Detailed filing data is available for this year.$2.95$0.03$2.92$1.29$0.98$0.31
2016Detailed filing. Detailed filing data is available for this year.$2.57$0.04$2.53$1.08$1.05$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.60$0.06$2.55$0.82$0.84$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.59$0.04$2.55$1.03$0.86$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.03$2.38$0.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.03$2.46$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.03$2.52$0.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.03$2.11$0.88