Civic Intelligence

Rose Hall Montessori School

990 • Fiscal year 2021 • EIN 36-3197670

Aug 01, 2020 to Jul 31, 2021 • Filed on May 19, 2022

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

0.40x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.45x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$95,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

38th percentile

3.7%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

32%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$884,252

Up $31,462 (+3.7%) from 2020

Net Assets

Up

$534,394

Up $99,754 (+23%) from 2020

Liabilities

Down

$349,858

Down $68,292 (-16%) from 2020

Revenue

Up

$774,130

Up $188,964 (+32%) from 2020

Expenses

Up

$674,376

Up $81,084 (+14%) from 2020

Net Income

Up

$99,754

Up $107,880 (+1328%) from 2020

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

2021

Assets$884,252
Liabilities$349,858
Net Assets$534,394

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

2021

Revenue$774,130
Expenses$674,376
Net Income$99,754
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
May 19, 2022
Return Version
2020v4.2
Gross Receipts
$774,130
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$617,174$600,006▼ $17,168
Cash and Non-Interest-Bearing Accounts$146,552$191,281▲ $44,729
Land, Buildings, and Equipment, Net$86,340$85,814▼ $526
Prepaid Expenses and Deferred Charges$2,674$6,206▲ $3,532
Accounts Receivable$50$945▲ $895
Total Assets$852,790$884,252▲ $31,462
Liabilities
Deferred Revenue$290,475$349,858▲ $59,383
Other Liabilities$127,675$0▼ $127,675
Total Liabilities$418,150$349,858▼ $68,292
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$434,640$534,394▲ $99,754
Total Net Assets Fund Balance$434,640$534,394▲ $99,754
Total Liabilities and Net Assets / Fund Balance$852,790$884,252▲ $31,462

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$78,547$111,696$190,243
Equipment$3,271$134,407$137,678
Other Land Buildings$3,996$70,063$74,059
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie LarsonEducational Director - OutgoingFT$95,500$95,500
Elizabeth StoneEducational Director - IncomingFT$29,541$29,541

Board Members and Trustees

NameTitle
Dan WaldPresident - Outgoing
Leslie HinchcliffeTreasurer - Incoming President
John FitzpatrickHuman Resources
David EisenbergMember
Mauricio AtriMember
Michael PaquetteMember
Laura SardegnaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$138,709
Program Service Revenue
$635,158
Investment Income
$263
Other Revenue
$0
All Other Contributions
$49,619
Change in Net Assets
$99,754

Audited Revenue Reconciliation

Revenue per Audited Statements
$685,040
Revenue Not Reported on Financial Statements
$89,090
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$89,090
Total Revenue per Audited Statements
$685,040
Total Revenue per Form 990
$774,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$521,935
Other Expenses$152,441
Total Fundraising Expense$309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$413,926$73,046-$486,972
Occupancy$46,907$2,469-$49,376
Payroll Taxes$29,718$5,245-$34,963
Fees for Services Accounting-$30,238-$30,238
Office Expenses-$9,892-$9,892
Depreciation Depletion$8,570$451-$9,021
Insurance$8,176$430-$8,606
All Other Expenses$60$5,401$309$5,770
Other Expenses$8,277$5,441-$5,441
Information Technology-$2,966-$2,966
Advertising-$2,622-$2,622
Total Functional Expenses$534,016$140,051$309$674,376

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$674,376
Total Expenses per Audited Statements$674,376
Total Expenses per Form 990$674,376
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Leslie Hinchcliffe
Title
President
Phone
8472562002
Signed
2022-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leslie Hinchcliffe
Formed
1982
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
19
Volunteers
12

Preparer

Firm
Cjbs LLC
Address
2100 SANDERS ROAD SUITE 200, NORTHBROOK, IL 60062
Preparer
Andrew R Lotts 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, 2021 and 2020. 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. The school is generally no longer subject to examinations by the internal revenue service for years prior to 2018.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Grant payable reportable in 2020 89,090.

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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/EquipmentGrp/DepreciationAmt0134407
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0137678
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0674376
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03996
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070063
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074059
IRS990ScheduleD/OtherRevenuesNotIncludedAmt089090
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt089090
IRS990ScheduleD/RevenueSubtotalAmt0685040
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, 2021 AND 2020. 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. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GRANT PAYABLE REPORTABLE IN 2020 89,090.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt085814
IRS990ScheduleD/TotalExpensesPerForm990Amt0674376
IRS990ScheduleD/TotalRevenuePerForm990Amt0774130
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0685040
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0674376
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/TotalAssetsBOYAmt0852790
IRS990/TotalAssetsEOYAmt0884252
IRS990/TotalAssetsGrp/BOYAmt0852790
IRS990/TotalAssetsGrp/EOYAmt0884252
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0138709
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0309
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0140051
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0534016
IRS990/TotalFunctionalExpensesGrp/TotalAmt0674376
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0418150
IRS990/TotalLiabilitiesEOYAmt0349858
IRS990/TotalLiabilitiesGrp/BOYAmt0418150
IRS990/TotalLiabilitiesGrp/EOYAmt0349858
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0434640
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0534394
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0534016
IRS990/TotalProgramServiceRevenueAmt0635158
IRS990/TotalReportableCompFromOrgAmt0125041
IRS990/TotalRevenueGrp/ExclusionAmt0263
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0635158
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0774130
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0852790
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0884252
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/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://ROSEHALLMONTESSORI.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LESLIE HINCHCLIFFE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08472562002
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-19
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/PreparationDt02022-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW R LOTTS CPA

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