Civic Intelligence

Montessori Private Academy Inc.

990 • Fiscal year 2023 • EIN 36-3308426

Jun 01, 2022 to May 31, 2023 • Filed on Sep 19, 2023

8101 Sayer RoadRockford, IL 61108

(815) 332-8101

Siviq Scores

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

Liabilities / Assets

84th percentile

0.51x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

1.30x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

66th percentile

$97,875

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

13th percentile

-10%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-23%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,013,644

Down $347,691 (-10%) from 2022

Net Assets

Down

$1,463,061

Down $145,601 (-9.1%) from 2022

Liabilities

Down

$1,550,583

Down $202,090 (-12%) from 2022

Revenue

Down

$1,192,868

Down $353,451 (-23%) from 2022

Expenses

Up

$1,338,469

Up $46,853 (+3.6%) from 2022

Net Income

Down

-$145,601

Down $400,304 (-157%) from 2022

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 2013: $2,490,536Liabilities 2013: $1,987,344Net Assets 2013: $503,1922013Assets 2014: $2,489,420Liabilities 2014: $1,922,845Net Assets 2014: $566,5752014Assets 2015: $2,432,524Liabilities 2015: $1,739,700Net Assets 2015: $692,8242015Assets 2016: $2,448,194Liabilities 2016: $1,606,504Net Assets 2016: $841,6902016Assets 2017: $2,598,769Liabilities 2017: $1,605,344Net Assets 2017: $993,4252017Assets 2018: $2,588,623Liabilities 2018: $1,515,903Net Assets 2018: $1,072,7202018Assets 2019: $2,585,330Liabilities 2019: $1,404,746Net Assets 2019: $1,180,5842019Assets 2020: $2,978,999Liabilities 2020: $1,779,186Net Assets 2020: $1,199,8132020Assets 2021: $3,317,527Liabilities 2021: $1,963,568Net Assets 2021: $1,353,9592021Assets 2022: $3,361,335Liabilities 2022: $1,752,673Net Assets 2022: $1,608,6622022Assets 2023: $3,013,644Liabilities 2023: $1,550,583Net Assets 2023: $1,463,0612023Assets 2024: $2,814,486Liabilities 2024: $1,590,914Net Assets 2024: $1,223,5722024Assets 2025: $2,481,201Liabilities 2025: $1,381,711Net Assets 2025: $1,099,4902025

Highlighted filing

2023

Assets$3,013,644
Liabilities$1,550,583
Net Assets$1,463,061

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2013: $999,6472013Revenue 2014: $1,084,713Expenses 2014: $1,021,330Net Income 2014: $63,3832014Revenue 2015: $1,217,161Expenses 2015: $1,090,912Net Income 2015: $126,2492015Revenue 2016: $1,291,390Expenses 2016: $1,142,524Net Income 2016: $148,8662016Revenue 2017: $1,400,489Expenses 2017: $1,248,754Net Income 2017: $151,7352017Revenue 2018: $1,380,748Expenses 2018: $1,301,453Net Income 2018: $79,2952018Revenue 2019: $1,411,441Expenses 2019: $1,303,577Net Income 2019: $107,8642019Revenue 2020: $1,337,002Expenses 2020: $1,194,300Net Income 2020: $142,7022020Revenue 2021: $1,262,181Expenses 2021: $1,108,035Net Income 2021: $154,1462021Revenue 2022: $1,546,319Expenses 2022: $1,291,616Net Income 2022: $254,7032022Revenue 2023: $1,192,868Expenses 2023: $1,338,469Net Income 2023: -$145,6012023Revenue 2024: $1,145,141Expenses 2024: $1,384,630Net Income 2024: -$239,4892024Revenue 2025: $1,057,419Expenses 2025: $1,181,501Net Income 2025: -$124,0822025

Highlighted filing

2023

Revenue$1,192,868
Expenses$1,338,469
Net Income-$145,601
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Sep 19, 2023
Return Version
2022v5.0
Gross Receipts
$1,194,181
Mission and Program Overview

Mission

Montessori education for 3

Montessori education for 2 through 15 year old children(preschool through ninth grade)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,222,886$2,192,237▼ $30,649
Savings and Temporary Cash Investments$7,890$575,909▲ $568,019
Cash and Non-Interest-Bearing Accounts$975,894$189,342▼ $786,552
Accounts Receivable$154,665$56,156▼ $98,509
Total Assets$3,361,335$3,013,644▼ $347,691
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,107,219$1,065,935▼ $41,284
Deferred Revenue$531,785$401,150▼ $130,635
Accounts Payable and Accrued Expenses$92,899$78,148▼ $14,751
Unsecured Notes Loans Payable$20,770$5,350▼ $15,420
Total Liabilities$1,752,673$1,550,583▼ $202,090
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,608,662$1,463,061▼ $145,601
Total Net Assets Fund Balance$1,608,662$1,463,061▼ $145,601
Total Liabilities and Net Assets / Fund Balance$3,361,335$3,013,644▼ $347,691

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,486,420$714,817$2,201,237
Land$657,394-$657,394
Equipment$48,423$116,466$164,889
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary Sue ReutebuchHead of SchoFT$97,875$97,875

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$9,573
Program Service Revenue
$1,172,925
Investment Income
$20
Other Revenue
$10,350
All Other Contributions
$3,525
Change in Net Assets
$-145,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$930,547
Other Expenses$395,922
Grants and Similar Amounts Paid$12,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$589,074$154,893-$743,967
Occupancy$88,918$10,422-$99,340
Current Officers, Directors, Trustees, and Key Employees-$99,275-$99,275
Payroll Taxes$51,034$21,491-$72,525
Depreciation Depletion$63,703--$63,703
Fees for Services Accounting-$50,325-$50,325
Interest$39,934$4,437-$44,371
Insurance$20,055$2,852-$22,907
Office Expenses$1,771$15,077-$16,848
All Other Expenses$9,026$7,050-$16,076
Pension Plan Contributions$9,707$5,073-$14,780
Grants to Domestic Individuals$12,000--$12,000
Other Expenses$5,177$575-$5,752
Advertising-$35-$35
Total Functional Expenses$961,500$376,969$0$1,338,469
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,663
Fundraising Direct Expenses$1,313
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
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
No
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 executive committee reviews the form 990 and the treasurer of the board does the final approval of the form 990. The board is provided a copy of the form 990 before it is signed and filed by the president or treasurer.

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

The executive committee is made up of board members. They oversee the review process of executive director or the interim head of schhol. The board of directors make the final approval.

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

The executive committee is made up of board members. They oversee the review process of executive director or interim head of school. The board of directors make the final approval.

Form 990, Page 6, Part VI, Line 19

The school makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Montessori Private Academy Inc
EIN
36-3308426
Phone
8153328101
Address
8101 SAYER ROAD, ROCKFORD, IL 61108

Signing Officer

Name
Mark Muccianti
Title
Treasurer
Phone
8153328101
Signed
2023-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Muccianti
Formed
1983
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
32
Volunteers
50

Preparer

Firm
Lucas Group Cpas Advisors LLC
Address
1617 TEMPLE LANE, ROCKFORD, IL 61112
Preparer
Andrew Stewart
Phone
8152359610
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ACADEMY OFFERS AN ON SITE 8 WEEK SUMMER CAMP FOR CHILDREN AGES 3 TO 6 SUPERVISED BY ACADEMY STAFF.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt024786
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt031596
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0328921
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt012000
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0419801
IRS990/PYOtherRevenueAmt018866
IRS990/PYProgramServiceRevenueAmt01198531
IRS990/PYRevenuesLessExpensesAmt0254703
IRS990/PYSalariesCompEmpBnftPaidAmt0859815
IRS990/PYTotalExpensesAmt01291616
IRS990/PYTotalRevenueAmt01546319
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-145601
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01137774
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07890
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0575909
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/BookValueAmt01486420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0714817
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02201237
IRS990ScheduleD/EquipmentGrp/BookValueAmt048423
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0116466
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164889
IRS990ScheduleD/LandGrp/BookValueAmt0657394
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0657394
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02192237
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/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL MATERIAL INCLUDES THE STATEMENT "DOES NOT DISCRIMINATE BASED ON RACE, RELIGION, SEX OR NATIONAL ORIGIN."
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NOT MANDATED BY ANY REGULATION, SMALL NUMBER OF STUDENTS. ALL SCHOLARSHIP REQUESTS WERE EVALUATED ON A BLIND BASIS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2PPP LOAN OF 169,294 WAS RECEIVED AND THE ENTIRE LOAN WAS FORGIVEN
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION WAIVER
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RECIPIENTS OF FINANCIAL ASSISTANCE (TUITION WAIVERS) ARE EVALUATED BASED UPON FINANCIAL NEED ON A BLIND BASIS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 AND THE TREASURER OF THE BOARD DOES THE FINAL APPROVAL OF THE FORM 990. THE BOARD IS PROVIDED A COPY OF THE FORM 990 BEFORE IT IS SIGNED AND FILED BY THE PRESIDENT OR TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE IS MADE UP OF BOARD MEMBERS. THEY OVERSEE THE REVIEW PROCESS OF EXECUTIVE DIRECTOR OR THE INTERIM HEAD OF SCHHOL. THE BOARD OF DIRECTORS MAKE THE FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE IS MADE UP OF BOARD MEMBERS. THEY OVERSEE THE REVIEW PROCESS OF EXECUTIVE DIRECTOR OR INTERIM HEAD OF SCHOOL. THE BOARD OF DIRECTORS MAKE THE FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03361335
IRS990/TotalAssetsEOYAmt03013644
IRS990/TotalAssetsGrp/BOYAmt03361335
IRS990/TotalAssetsGrp/EOYAmt03013644
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09573
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0376969
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0961500
IRS990/TotalFunctionalExpensesGrp/TotalAmt01338469
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01752673
IRS990/TotalLiabilitiesEOYAmt01550583
IRS990/TotalLiabilitiesGrp/BOYAmt01752673
IRS990/TotalLiabilitiesGrp/EOYAmt01550583
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01608662
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01463061
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt07245
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt07245
IRS990/TotalProgramServiceExpensesAmt0961500
IRS990/TotalProgramServiceRevenueAmt01172925
IRS990/TotalReportableCompFromOrgAmt097875
IRS990/TotalRevenueGrp/ExclusionAmt010350
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01172945
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01192868
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03361335
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03013644
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt020770
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05350
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MONTESSORIPRIVATEACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK MUCCIANTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08153328101
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTESSORI PRIVATE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0363308426
ReturnHeader/Filer/PhoneNum08153328101
ReturnHeader/Filer/USAddress/AddressLine1Txt08101 SAYER ROAD
ReturnHeader/Filer/USAddress/CityNm0ROCKFORD

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