Civic Intelligence

Alcuin Montessori School

EIN 36-2464693 • 501(c)3 • Oak Park, IL

Profile

The primary purpose is to teach and educate children and to carry out and perform all acts and activities customarily carried out by a montessori school.

324 North Oak Park AveOak Park, IL 60302

www.alcuin.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.76x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.83x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

25th percentile

-5.6%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$157,017

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

11th percentile

-12%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,454,019

Down $766,113 (-12%) from 2023

Liabilities

Down

$4,132,786

Down $224,295 (-5.1%) from 2023

Net Assets

Down

$1,321,233

Down $541,818 (-29%) from 2023

Revenue

Up

$4,981,670

Up $608,366 (+14%) from 2023

Expenses

Up

$5,258,643

Up $1,060,812 (+25%) from 2023

Net Income

Down

-$276,973

Down $452,446 (-258%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $3,310,610Liabilities 2019: $1,708,769Net Assets 2019: $1,601,8412019Assets 2020: $5,306,610Liabilities 2020: $4,316,649Net Assets 2020: $989,9612020Assets 2021: $5,768,804Liabilities 2021: $4,446,716Net Assets 2021: $1,322,0882021Assets 2022: $5,747,876Liabilities 2022: $4,060,298Net Assets 2022: $1,687,5782022Assets 2023: $6,220,132Liabilities 2023: $4,357,081Net Assets 2023: $1,863,0512023Assets 2024: $5,454,019Liabilities 2024: $4,132,786Net Assets 2024: $1,321,2332024

Highlighted filing

2024

Assets$5,454,019
Liabilities$4,132,786
Net Assets$1,321,233

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $2,008,889Expenses 2019: $1,949,052Net Income 2019: $59,8372019Revenue 2020: $1,948,608Expenses 2020: $2,560,488Net Income 2020: -$611,8802020Revenue 2021: $3,158,550Expenses 2021: $2,826,423Net Income 2021: $332,1272021Revenue 2022: $4,082,345Expenses 2022: $3,716,855Net Income 2022: $365,4902022Revenue 2023: $4,373,304Expenses 2023: $4,197,831Net Income 2023: $175,4732023Revenue 2024: $4,981,670Expenses 2024: $5,258,643Net Income 2024: -$276,9732024

Highlighted filing

2024

Revenue$4,981,670
Expenses$5,258,643
Net Income-$276,973

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 25, 2022
Return Version
2020v4.0
Gross Receipts
$3,162,644
Mission and Program Overview

Mission

The primary purpose is to teach and educate children and to carry out and perform all acts and activities customarily carried out by a montessori school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,993,292$4,827,374▼ $165,918
Cash and Non-Interest-Bearing Accounts$55,933$656,210▲ $600,277
Accounts Receivable$39,154$114,062▲ $74,908
Savings and Temporary Cash Investments$177,472$77,607▼ $99,865
Pledges and Grants Receivable-$41,340-
Intangible Assets$23,137$21,775▼ $1,362
Other Notes and Loans Receivable, Net$8,533$18,708▲ $10,175
Prepaid Expenses and Deferred Charges$9,089$11,728▲ $2,639
Total Assets$5,306,610$5,768,804▲ $462,194
Liabilities
Other Liabilities$4,178,628$4,318,269▲ $139,641
Accounts Payable and Accrued Expenses$138,021$128,447▼ $9,574
Total Liabilities$4,316,649$4,446,716▲ $130,067
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$989,961$1,280,748▲ $290,787
Net Assets With Donor Restrictions-$41,340-
Total Net Assets Fund Balance$989,961$1,322,088▲ $332,127
Total Liabilities and Net Assets / Fund Balance$5,306,610$5,768,804▲ $462,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,807,074$162,994$3,970,068
Land$782,152-$782,152
Equipment$238,148$235,863$474,011
Leasehold Improvements-$276,683$276,683
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$437,099
Program Service Revenue
$2,716,275
Investment Income
$135
Other Revenue
$5,041
All Other Contributions
$134,657
Change in Net Assets
$332,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,158,550
Total Revenue per Audited Statements
$3,158,550
Total Revenue per Form 990
$3,158,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,943,636
Other Expenses$882,787
Total Fundraising Expense$134,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,205,364$278,971$120,949$1,605,284
Interest$183,371--$183,371
Depreciation Depletion$172,371--$172,371
Payroll Taxes$94,687$29,770$9,428$133,885
Occupancy$127,960--$127,960
Current Officers, Directors, Trustees, and Key Employees-$124,795-$124,795
All Other Expenses$112,312$5,897-$118,209
Other Employee Benefits$43,028$32,295$4,349$79,672
Insurance$33,050--$33,050
Other Expenses$28,074$2,481-$30,555
Fees for Services Accounting-$7,575-$7,575
Fees for Services Other-$754-$754
Total Functional Expenses$2,209,159$482,538$134,726$2,826,423

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,826,423
Total Expenses per Audited Statements$2,826,423
Total Expenses per Form 990$2,826,423
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,082
Fundraising Direct Expenses$4,094
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
Line of Credit$3,762,872
Refundable Advnce$331,329
Tuition Deposits$224,068
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 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 7A

Each year three trustees shall be elected by the parents of current alcuin students

Form 990, Page 6, Part VI, Line 11B

The board treasurer, president and executive director reviews and signs the tax returns.

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

All trustees of the board have to read and sign the policy at the start of each year.

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

Use salary surveys conducted by montessori and private school organizations for the midwest regions.

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

Use salary surveys conducted by montessori and private school organizations for the midwest regions.

Form 990, Page 6, Part VI, Line 19

Open to the public by request, individual must complete form and review in the alcuin business office.

Filing and Contact Details

Filer

Filer Name
Alcuin Montessori School
EIN
36-2464693
Phone
7083661882
Address
324 NORTH OAK PARK AVE, OAK PARK, IL 60302

Signing Officer

Name
Gina Gleason
Title
Exec Director
Phone
7083661882
Signed
2022-01-25

Organization Details

Principal Officer
Gina Gleason
Formed
1961
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
48
Volunteers
113

Preparer

Firm
Kopczyk Osher & Scott CPA Services
Address
4415 HARRISON ST STE 552, HILLSIDE, IL 60162-1911
Preparer
Rodney C Scott
Phone
3125270111
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The school is exempt from income taxes under section 501(c)(3) of the internal revenue code. There was no unrelated business income nor unrecognized tax benefits for the years ended june 30, 2021, and 2020. Each of the school's prior three years remain subject to examination by the internal revenue service. The school has evaluated its tax positions for all open tax years. Based on the evaluation of the school 's tax positions, management believes all tax positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended june 30, 2021, and 2020.

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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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2224068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDABLE ADVNCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TUITION DEPOSITS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME NOR UNRECOGNIZED TAX BENEFITS FOR THE YEARS ENDED JUNE 30, 2021, AND 2020. EACH OF THE SCHOOL'S PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE SCHOOL HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. BASED ON THE EVALUATION OF THE SCHOOL 'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2021, AND 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt02826423
IRS990ScheduleD/TotalLiabilityAmt04318269
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0VIA BROCHURES, LITERATURE AND MEDIA PUBLICITY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH YEAR THREE TRUSTEES SHALL BE ELECTED BY THE PARENTS OF CURRENT ALCUIN STUDENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD TREASURER, PRESIDENT AND EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL TRUSTEES OF THE BOARD HAVE TO READ AND SIGN THE POLICY AT THE START OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3USE SALARY SURVEYS CONDUCTED BY MONTESSORI AND PRIVATE SCHOOL ORGANIZATIONS FOR THE MIDWEST REGIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4USE SALARY SURVEYS CONDUCTED BY MONTESSORI AND PRIVATE SCHOOL ORGANIZATIONS FOR THE MIDWEST REGIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPEN TO THE PUBLIC BY REQUEST, INDIVIDUAL MUST COMPLETE FORM AND REVIEW IN THE ALCUIN BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
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/USAddress/CityNm0OAK PARK
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