Civic Intelligence

Martin Luther King School Inc.

990 • Fiscal year 2016 • EIN 35-1161409

Aug 01, 2015 to Jul 31, 2016 • Filed on Nov 09, 2016

6001 S Anthony BlvdFort Wayne, IN 46816

(260) 423-4333

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

51st percentile

2.4%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$60,479

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

39th percentile

-1.3%

Faster asset growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

32%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,569,807

Down $33,064 (-1.3%) from 2015

Net Assets

Down

$2,534,800

Down $11,113 (-0.4%) from 2015

Liabilities

Down

$35,007

Down $21,951 (-39%) from 2015

Revenue

Up

$1,077,133

Up $262,017 (+32%) from 2015

Expenses

Up

$1,051,637

Up $214,504 (+26%) from 2015

Net Income

Up

$25,496

Up $47,513 (+216%) from 2015

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

2016

Assets$2,569,807
Liabilities$35,007
Net Assets$2,534,800

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

2016

Revenue$1,077,133
Expenses$1,051,637
Net Income$25,496
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$1,354,522
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$1,206,474$1,215,080▲ $8,606
Land, Buildings, and Equipment, Net$582,779$612,815▲ $30,036
Savings and Temporary Cash Investments$329,664$379,902▲ $50,238
Cash and Non-Interest-Bearing Accounts$295,704$298,093▲ $2,389
Accounts Receivable$27,936$21,424▼ $6,512
Investments Other Securities$20,855$20,550▼ $305
Pledges and Grants Receivable$136,176$19,170▼ $117,006
Prepaid Expenses and Deferred Charges$3,082$2,773▼ $309
Other Notes and Loans Receivable, Net$201--
Total Assets$2,602,871$2,569,807▼ $33,064
Liabilities
Accounts Payable and Accrued Expenses$45,097$35,007▼ $10,090
Deferred Revenue$11,861--
Total Liabilities$56,958$35,007▼ $21,951
Net Assets / Fund Balance
Unrestricted Net Assets$1,206,040$1,318,055▲ $112,015
Permanently Rstr Net Assets$800,400$800,400→ $0
Temporarily Rstr Net Assets$539,473$416,345▼ $123,128
Total Net Assets Fund Balance$2,545,913$2,534,800▼ $11,113
Total Liabilities and Net Assets / Fund Balance$2,602,871$2,569,807▼ $33,064

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$434,126$94,007$528,133
Equipment$65,414$324,089$389,503
Land$113,275-$113,275

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,206,473-▲ $17,081-$1,215,080
2014$1,128,806-▲ $86,305-$1,206,473
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greta MckinneyExec DirectoFT$50,999$9,480$60,479

Board Members and Trustees

NameTitle
Andrea KendallPresident
Angela MckayDirector
Carrie FisherDirector
Dianna BurtDirector
Lon BohnkeDirector
Martha FlemingDirector
Nicholas PoliceDirector
Regenia Frison-jonesDirector
Emily SzaferskiTreasurer
Lucresha LindseyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$247,642
Program Service Revenue
$773,860
Investment Income
$53,872
Other Revenue
$1,759
All Other Contributions
$109,559
Change in Net Assets
$25,496

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,057,952
Revenue Not Reported on Financial Statements
$19,181
Other Revenue Adjustments
$19,181
Total Revenue per Audited Statements
$1,057,952
Total Revenue per Form 990
$1,077,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$593,939
Other Expenses$348,961
Grants and Similar Amounts Paid$108,737
Total Fundraising Expense$35,856
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$363,016$64,152-$427,168
Grants to Domestic Individuals$108,737--$108,737
Other Employee Benefits$56,803$12,353-$69,156
Current Officers, Directors, Trustees, and Key Employees$25,073$23,265$14,345$62,683
Occupancy$51,679$505-$52,184
Fees for Services Other$25,953$1,792$18,000$45,745
Depreciation Depletion$32,719$4,462-$37,181
Payroll Taxes$27,945$5,974$1,013$34,932
Office Expenses$13,455$560$125$14,140
Fees for Services Accounting-$8,850-$8,850
Fees for Service Investment Mgmnt Fees-$8,634-$8,634
Other Expenses$5,982$4,530$14$5,982
Information Technology$4,320$50-$4,370
Travel$3,032$1,000-$4,032
Advertising$465-$961$1,426
Total Functional Expenses$879,297$136,484$35,856$1,051,637

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,069,065
Total Expenses per Audited Statements$1,069,065
Total Expenses per Form 990$1,051,637
Expenses Not Reported on Financial Statements$-17,428
Other Expense Adjustments$-17,428
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

Filer Name
Martin Luther King School Inc
EIN
35-1161409
Phone
2604234333
Address
6001 S ANTHONY BLVD, FORT WAYNE, IN 46816
Doing Business As
See Schedule O

Signing Officer

Name
Greta Mckinney
Title
Exec Director
Phone
2604234333
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greta Mckinney
Formed
1969
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
35
Volunteers
45

Preparer

Firm
Dulin Ward & Dewald Inc
Address
9921 DUPONT CIRCLE DR W 300, FORT WAYNE, IN 46825-1610
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 4, Part XI, Line 4B

Realized gain on investment 19,181

Schedule D, Page 4, Part XII, Line 4B

Unrealized loss on investments -36,609 realized gain on investment 19,181

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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt020855
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt020550
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01206474
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01215080
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0612815
IRS990/LandBldgEquipCostOrOtherBssAmt01030911
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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
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IRS990/NetUnrlzdGainsLossesInvstAmt0-36609
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IRS990/OccupancyGrp/ProgramServicesAmt051679
IRS990/OccupancyGrp/TotalAmt052184
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IRS990/OfficeExpensesGrp/TotalAmt014140
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012353
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056803
IRS990/OtherEmployeeBenefitsGrp/TotalAmt069156
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1BUSINESS EXPENSE
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt01398
IRS990/OtherExpensesGrp/FundraisingAmt114
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0357
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14530
IRS990/OtherExpensesGrp/ProgramServicesAmt0149767
IRS990/OtherExpensesGrp/ProgramServicesAmt110351
IRS990/OtherExpensesGrp/ProgramServicesAmt25982
IRS990/OtherExpensesGrp/TotalAmt0151522
IRS990/OtherExpensesGrp/TotalAmt114895
IRS990/OtherExpensesGrp/TotalAmt25982
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01759
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IRS990/OtherRevenueTotalAmt01759
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt064152
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0363016
IRS990/OtherSalariesAndWagesGrp/TotalAmt0427168
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01013
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05974
IRS990/PayrollTaxesGrp/ProgramServicesAmt027945
IRS990/PayrollTaxesGrp/TotalAmt034932
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0800400
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0800400
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0136176
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt019170
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03082
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02773
IRS990/PrincipalOfficerNm0GRETA MCKINNEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0773860
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0773860
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0216730
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt073093
IRS990/PYOtherExpensesAmt0282880
IRS990/PYOtherRevenueAmt02742
IRS990/PYProgramServiceRevenueAmt0522551
IRS990/PYRevenuesLessExpensesAmt0-22017
IRS990/PYSalariesCompEmpBnftPaidAmt0554253
IRS990/PYTotalExpensesAmt0837133
IRS990/PYTotalRevenueAmt0815116
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt025496
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0665123
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0329664
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0379902
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/BookValueAmt0434126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt094007
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0528133
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt08474
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01206473
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01215080
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt017081
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt08638
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01128806
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01206473
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt086305
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt08194
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01057477
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01128806
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0119623
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt040100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt07516
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0968386
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01057477
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0116607
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt020000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt06904
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0926572
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0968386
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt048718
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt065414
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0324089
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0389503
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-17428
IRS990ScheduleD/ExpensesSubtotalAmt01069065
IRS990ScheduleD/LandGrp/BookValueAmt0113275
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0113275
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-17428
IRS990ScheduleD/OtherRevenuesNotIncludedAmt019181
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.66000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt019181
IRS990ScheduleD/RevenueSubtotalAmt01057952
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENTS HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS FOR STUDENTS TO OFFSET TUITION AND TEACHERS TO ATTEND TRAINING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REALIZED GAIN ON INVESTMENT 19,181
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS ON INVESTMENTS -36,609 REALIZED GAIN ON INVESTMENT 19,181
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.34000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0612815
IRS990ScheduleD/TotalExpensesPerForm990Amt01051637
IRS990ScheduleD/TotalRevenuePerForm990Amt01077133
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01057952
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01069065
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, THE DEPARTMENT OF AGRICULTURE CHILD AND ADULT CARE FOOD PROGRAM. ALSO IN 2016 THE ORGANIZATION RECEIVED FUNDS FROM THE INDIANA FAMILY AND SOCIAL SERVICES ADMINISTRATION FOR THE ON MY WAY PRE-K PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0108737
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt060
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE GIVEN TO STUDENTS AS A REDUCTION IN WEEKLY TUITION. SCHOLARSHIPS ARE GIVEN TO FAMILIES THAT ARE LOW INCOME AND CANNOT QUALIFY FOR ANY OTHER FUNDING OFFERED BY THE CITY OR STATE. THE SCHOLARSHIP PROGRAM IS BASED ON THE STATE'S GUIDELINES FOR INCOME THAT IS A PERCENTAGE AT OR ABOVE POVERTY LEVEL. THE SCHOLARSHIPS CAN PROVIDE UP TO THE WEEKLY TUITION FOR THE STUDENT. IN 2016 SCHOLARSHIPS WERE GIVEN TO STUDENTS PARTICIPATING IN THE STATE FUNDED ON MY WAY PRE K PROGRAM, FOR WHICH FUNDING WAS 31 DOLLARS SHORT OF THE WEEKLY TUITION CHARGED TO ALL STUDENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARTIN LUTHER KING MONTESSORI SCHOOL, INC.

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