Civic Intelligence

Rose Hall Montessori School

990 • Fiscal year 2020 • EIN 36-3197670

Aug 01, 2019 to Jul 31, 2020 • Filed on Jun 10, 2021

1140 Wilmette AvenueWilmette, IL 60091

(847) 256-2002

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.49x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.71x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

34th percentile

-1.4%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

87th percentile

$98,809

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

47th percentile

4.7%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-11%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$852,790

Up $38,550 (+4.7%) from 2019

Net Assets

Down

$434,640

Down $8,126 (-1.8%) from 2019

Liabilities

Up

$418,150

Up $46,676 (+13%) from 2019

Revenue

Down

$585,166

Down $73,662 (-11%) from 2019

Expenses

Down

$593,292

Down $8,556 (-1.4%) from 2019

Net Income

Down

-$8,126

Down $65,106 (-114%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $611,803Liabilities 2016: $341,957Net Assets 2016: $269,8462016Assets 2017: $635,246Liabilities 2017: $314,310Net Assets 2017: $320,9362017Assets 2018: $744,486Liabilities 2018: $358,700Net Assets 2018: $385,7862018Assets 2019: $814,240Liabilities 2019: $371,474Net Assets 2019: $442,7662019Assets 2020: $852,790Liabilities 2020: $418,150Net Assets 2020: $434,6402020Assets 2021: $884,252Liabilities 2021: $349,858Net Assets 2021: $534,3942021Assets 2022: $953,129Liabilities 2022: $331,557Net Assets 2022: $621,5722022Assets 2023: $1,213,861Liabilities 2023: $536,172Net Assets 2023: $677,6892023Assets 2024: $1,288,353Liabilities 2024: $514,630Net Assets 2024: $773,7232024

Highlighted filing

2020

Assets$852,790
Liabilities$418,150
Net Assets$434,640

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $585,906Expenses 2016: $567,951Net Income 2016: $17,9552016Revenue 2017: $604,341Expenses 2017: $553,251Net Income 2017: $51,0902017Revenue 2018: $657,437Expenses 2018: $592,587Net Income 2018: $64,8502018Revenue 2019: $658,828Expenses 2019: $601,848Net Income 2019: $56,9802019Revenue 2020: $585,166Expenses 2020: $593,292Net Income 2020: -$8,1262020Revenue 2021: $774,130Expenses 2021: $674,376Net Income 2021: $99,7542021Revenue 2022: $703,689Expenses 2022: $616,511Net Income 2022: $87,1782022Revenue 2023: $725,774Expenses 2023: $669,657Net Income 2023: $56,1172023Revenue 2024: $781,544Expenses 2024: $685,510Net Income 2024: $96,0342024

Highlighted filing

2020

Revenue$585,166
Expenses$593,292
Net Income-$8,126
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Jun 10, 2021
Return Version
2019v5.2
Gross Receipts
$590,243
Mission and Program Overview

Mission

Educational services for preschool-age children.

Rose hall montessori school strives to educate the whole child by using the montessori educational philosophy in a stimulating and nurturing environment that allows the children to grow socially, emotionally and intellectually to reach their highest potential and to gain a lifelong enthusiasm for learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$620,967$617,174▼ $3,793
Cash and Non-Interest-Bearing Accounts$91,612$146,552▲ $54,940
Land, Buildings, and Equipment, Net$95,924$86,340▼ $9,584
Prepaid Expenses and Deferred Charges$5,737$2,674▼ $3,063
Accounts Receivable-$50-
Total Assets$814,240$852,790▲ $38,550
Liabilities
Deferred Revenue$371,474$290,475▼ $80,999
Other Liabilities$0$127,675▲ $127,675
Total Liabilities$371,474$418,150▲ $46,676
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$442,766$434,640▼ $8,126
Total Net Assets Fund Balance$442,766$434,640▼ $8,126
Total Liabilities and Net Assets / Fund Balance$814,240$852,790▲ $38,550

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$80,457$104,452$184,909
Equipment$2,875$134,196$137,071
Other Land Buildings$3,008$68,497$71,505
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie LarsonEducational DirectorFT$98,809$98,809

Board Members and Trustees

NameTitle
Dan WaldPresident
Max SchanzenbachVice President
John FitzpatrickHuman Resources
Laura SardegnaSecretary
Leslie HinchcliffeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,057
Program Service Revenue
$500,277
Investment Income
$5,509
Other Revenue
$323
All Other Contributions
$71,032
Change in Net Assets
$-8,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$585,166
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$94,167
Total Revenue per Audited Statements
$679,333
Total Revenue per Form 990
$585,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$445,220
Other Expenses$148,072
Total Fundraising Expense$3,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$271,006$47,825-$318,831
Current Officers, Directors, Trustees, and Key Employees$80,538$14,212-$94,750
Occupancy$42,921$2,259-$45,180
Payroll Taxes$26,893$4,746-$31,639
Fees for Services Accounting-$31,348-$31,348
Depreciation Depletion$9,105$479-$9,584
All Other Expenses-$5,547$3,539$9,086
Insurance$8,549$450-$8,999
Other Expenses$7,022$6,170-$6,170
Office Expenses-$5,087-$5,087
Advertising-$2,722-$2,722
Information Technology-$2,506-$2,506
Fees for Services Other$1,650--$1,650
Total Functional Expenses$464,601$125,152$3,539$593,292

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$598,369
Expenses per Audited Statements$593,292
Total Expenses per Form 990$593,292
Expenses Not Reported on Form 990$5,077
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,400
Fundraising Direct Expenses$5,077
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
Government Grant$89,090
Refundable Tuition$38,585
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by the business manager and then shared with the finance committee for review.

Form 990, Part VI, Section C, Line 19

The school's governing documents, form 990, and financial statements are available for public inspection at any time during regular office hours.

Filing and Contact Details

Filer

Filer Name
Rose Hall
EIN
36-3197670
Phone
8472562002
Address
1140 WILMETTE AVENUE, WILMETTE, IL 60091
Doing Business As
Rose Hall Montessori School

Signing Officer

Name
Dan Wald
Title
President
Phone
8472562002
Signed
2021-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Wald
Formed
1982
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
19
Volunteers
5

Preparer

Firm
Cjbs LLC
Address
2100 SANDERS ROAD SUITE 200, NORTHBROOK, IL 60062
Preparer
Michael W Blitstein CPA
Phone
8479452888
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has finance committee that assumes responsibility for oversight of the audit, tax, and selection of the independent accountant.

Financial Statement Notes

PART X, LINE 2:

The school follows the guidance of accounting standards codification (asc 740) accounting for income taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. There are no such uncertain tax positions for the school for the years ended july 31, 2020 and 2019. For federal income tax purposes, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 5,077. Grant payable reportable in 2020 89,090.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 5,077.

Raw XML Appendix399 raw XML fields

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/Amt189090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE TUITION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GOVERNMENT GRANT
IRS990ScheduleD/OtherRevenueAmt094167
IRS990ScheduleD/RevenueNotReportedAmt094167
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0585166
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL FOLLOWS THE GUIDANCE OF ACCOUNTING STANDARDS CODIFICATION (ASC 740) ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAINTIES IN INCOME TAXES, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE ARE NO SUCH UNCERTAIN TAX POSITIONS FOR THE SCHOOL FOR THE YEARS ENDED JULY 31, 2020 AND 2019. FOR FEDERAL INCOME TAX PURPOSES, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 5,077. GRANT PAYABLE REPORTABLE IN 2020 89,090.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 5,077.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt086340
IRS990ScheduleD/TotalExpensesPerForm990Amt0593292
IRS990ScheduleD/TotalLiabilityAmt0127675
IRS990ScheduleD/TotalRevenuePerForm990Amt0585166
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0679333
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0598369
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 RACIALLY NONDISCRIMINATORY POLICY FOR THE SCHOOL CAN BE FOUND ON THE ADMISSION BROCHURES AS WELL AS THE PARENT POLICY MANUAL. THE SCHOOL'S PROGRAM OFFERINGS ARE LISTED IN A BROCHURE WHICH IS DISTRIBUTED TO PEOPLE EXPRESSING AN INTEREST IN ENROLLMENT. THE BROCHURE, AS WELL AS THE SCHOOL'S WEBSITE, CLEARLY STATE THAT IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL HAS NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE PROGRAM; THEREFORE QUESTION 4B IS NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BUSINESS MANAGER AND THEN SHARED WITH THE FINANCE COMMITTEE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL'S GOVERNING DOCUMENTS, FORM 990, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT ANY TIME DURING REGULAR OFFICE HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, TAX, AND SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0814240
IRS990/TotalAssetsEOYAmt0852790
IRS990/TotalAssetsGrp/BOYAmt0814240
IRS990/TotalAssetsGrp/EOYAmt0852790
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt079057
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03539
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0125152
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0464601
IRS990/TotalFunctionalExpensesGrp/TotalAmt0593292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0371474
IRS990/TotalLiabilitiesEOYAmt0418150
IRS990/TotalLiabilitiesGrp/BOYAmt0371474
IRS990/TotalLiabilitiesGrp/EOYAmt0418150
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0442766
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0434640
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0464601
IRS990/TotalProgramServiceRevenueAmt0500277
IRS990/TotalReportableCompFromOrgAmt098809
IRS990/TotalRevenueGrp/ExclusionAmt05832
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0500277
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0585166
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0814240
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0852790
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01140 WILMETTE AVENUE
IRS990/USAddress/CityNm0WILMETTE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060091
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTP://ROSEHALLMONTESSORI.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN WALD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08472562002
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROSE HALL
ReturnHeader/Filer/BusinessNameControlTxt0ROSE
ReturnHeader/Filer/EIN0363197670
ReturnHeader/Filer/PhoneNum08472562002
ReturnHeader/Filer/USAddress/AddressLine1Txt01140 WILMETTE AVENUE
ReturnHeader/Filer/USAddress/CityNm0WILMETTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060091
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363524803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CJBS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02100 SANDERS ROAD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08479452888
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W BLITSTEIN CPA
ReturnHeader/ReturnTs02021-06-15T08:44:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

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