Civic Intelligence

The Da Vinci Waldorf School

990 • Fiscal year 2017 • EIN 36-4316186

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 14, 2017

150 E Bonner RoadWauconda, IL 60084

(847) 526-1372

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.74x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

33rd percentile

-1.9%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

65th percentile

$49,382

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

15th percentile

-11%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$609,479

Down $73,586 (-11%) from 2016

Net Assets

Down

-$6,504

Down $15,871 (-169%) from 2016

Liabilities

Down

$615,983

Down $57,715 (-8.6%) from 2016

Revenue

Up

$833,730

Up $89,741 (+12%) from 2016

Expenses

Up

$849,630

Up $122,080 (+17%) from 2016

Net Income

Down

-$15,900

Down $32,339 (-197%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2014: $703,556Liabilities 2014: $733,743Net Assets 2014: -$30,1872014Assets 2015: $686,366Liabilities 2015: $692,013Net Assets 2015: -$5,6472015Assets 2016: $683,065Liabilities 2016: $673,698Net Assets 2016: $9,3672016Assets 2017: $609,479Liabilities 2017: $615,983Net Assets 2017: -$6,5042017Assets 2018: $679,930Liabilities 2018: $606,060Net Assets 2018: $73,8702018Assets 2019: $660,906Liabilities 2019: $544,648Net Assets 2019: $116,2582019Assets 2020: $705,598Liabilities 2020: $573,119Net Assets 2020: $132,4792020Assets 2021: $1,310,828Liabilities 2021: $906,124Net Assets 2021: $404,7042021Assets 2022: $1,431,774Liabilities 2022: $842,265Net Assets 2022: $589,5092022Assets 2023: $1,527,212Liabilities 2023: $738,060Net Assets 2023: $789,1522023Assets 2024: $1,279,267Liabilities 2024: $766,217Net Assets 2024: $513,0502024

Highlighted filing

2017

Assets$609,479
Liabilities$615,983
Net Assets-$6,504

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $640,427Expenses 2014: $673,864Net Income 2014: -$33,4372014Revenue 2015: $687,392Expenses 2015: $662,710Net Income 2015: $24,6822015Revenue 2016: $743,989Expenses 2016: $727,550Net Income 2016: $16,4392016Revenue 2017: $833,730Expenses 2017: $849,630Net Income 2017: -$15,9002017Revenue 2018: $803,130Expenses 2018: $722,756Net Income 2018: $80,3742018Revenue 2019: $780,941Expenses 2019: $738,553Net Income 2019: $42,3882019Revenue 2020: $724,288Expenses 2020: $708,067Net Income 2020: $16,2212020Revenue 2021: $826,330Expenses 2021: $585,451Net Income 2021: $240,8792021Revenue 2022: $1,011,872Expenses 2022: $827,067Net Income 2022: $184,8052022Revenue 2023: $1,200,066Expenses 2023: $1,000,423Net Income 2023: $199,6432023Revenue 2024: $1,020,284Expenses 2024: $1,296,386Net Income 2024: -$276,1022024

Highlighted filing

2017

Revenue$833,730
Expenses$849,630
Net Income-$15,900
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 14, 2017
Return Version
2016v3.0
Gross Receipts
$849,857
Mission and Program Overview

Mission

Da vinci waldorf school teaches children to embrace learning through a developmentally appropriate, multidisciplinary, experiential curriculum which leads to clear and critical thinking, ethical and compassionate actions, and the ability to make a difference in the world.

A WALDORF SCHOOL

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$501,740$493,394▼ $8,346
Cash and Non-Interest-Bearing Accounts$148,366$80,924▼ $67,442
Accounts Receivable$20,665$31,134▲ $10,469
Investments in Publicly Traded Securities$3,705$3,816▲ $111
Intangible Assets$255$0▼ $255
Prepaid Expenses and Deferred Charges$8,334$211▼ $8,123
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Total Assets$683,065$609,479▼ $73,586
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$450,090$437,921▼ $12,169
Deferred Revenue$176,516$150,554▼ $25,962
Accounts Payable and Accrued Expenses$47,092$27,508▼ $19,584
Total Liabilities$673,698$615,983▼ $57,715
Net Assets / Fund Balance
Temporarily Rstr Net Assets$12,405$25,001▲ $12,596
Unrestricted Net Assets$-3,038$-31,505▼ $28,467
Total Net Assets Fund Balance$9,367$-6,504▼ $15,871
Total Liabilities and Net Assets / Fund Balance$683,065$609,479▼ $73,586

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$192,250$120,082$312,332
Land$300,000-$300,000
Other Land Buildings$1,144$17,774$18,918
Equipment-$15,532$15,532
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine GrafftDirectorFT$49,382$49,382
Kristine FiskumDirectorFT$36,202$36,202
Brett HallerDirectorPT$6,907$6,907

Board Members and Trustees

NameTitle
Joe AndersonPresident
Nancy CrossDirector
Rao HarishSecretary
Nilo De CastroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$748,993
Investment Income
$83
Other Revenue
$74,654
All Other Contributions
$10,000
Change in Net Assets
$-15,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$648,645
Other Expenses$200,985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$461,044$134,312-$595,356
Payroll Taxes$41,267$12,022-$53,289
Interest$27,500--$27,500
Fees for Services Other-$21,223-$21,223
Insurance$10,429$3,038-$13,467
All Other Expenses$7,078$5,587-$12,665
Advertising-$11,921-$11,921
Depreciation Depletion$10,753--$10,753
Fees for Services Accounting-$8,541-$8,541
Other Expenses$8,344$2,370-$8,344
Total Functional Expenses$630,121$219,509$0$849,630
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,143
Fundraising Direct Expenses$16,127
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$86,143$86,143$16,127$70,016
Total Events$86,143$86,143$16,127$70,016
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Part VI, Line 11B: Form 990 Review Process

The board of directors reviews the form 990 before it is filed

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Da Vinci Waldorf School
EIN
36-4316186
Phone
8475261372
Address
150 E BONNER ROAD, WAUCONDA, IL 60084

Signing Officer

Name
Christine Grafft
Title
Director
Signed
2017-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Grafft
Formed
1999
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
7
Employees
24
Volunteers
25

Preparer

Firm
Manning Silverman & Company
Address
175 Olde Half Day Road 290, Lincolnshire, IL 60069
Preparer
Wayne E Silverman
Phone
8474598850
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The school is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and is not considered to be a private school. It is also required to recognize or derecognize in its financial statements positions taken or expected to be taken in a tax return on a 'more likely than not" threshold". The school does not believe its financial statements include any uncertain tax positions. The school's income tax filings for the years 2010 remain subject to examination by the internal revenue service.

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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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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0211
IRS990/PrincipalOfficerNm0CHRISTINE GRAFFT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0748993
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IRS990/PYInvestmentIncomeAmt0198
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt070202
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IRS990/PYSalariesCompEmpBnftPaidAmt0550109
IRS990/PYTotalExpensesAmt0727550
IRS990/PYTotalRevenueAmt0743989
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-15900
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0192250
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0120082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0312332
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015532
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0300000
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017774
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018918
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE SCHOOL. IT IS ALSO REQUIRED TO RECOGNIZE OR DERECOGNIZE IN ITS FINANCIAL STATEMENTS POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN ON A 'MORE LIKELY THAN NOT" THRESHOLD". THE SCHOOL DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE SCHOOL'S INCOME TAX FILINGS FOR THE YEARS 2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0493394
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DA VINCI WALDORF SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, GENDER, COLOR AND NATIONAL OR ETHNIC ORIGIN IN ITS EDUCATIONAL, ADMINISTRATIVE, ADMISSIONS OR SCHOLARSHIP PROGRAMS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016127
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt086143
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt086143
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt086143
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016127
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025001
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0609479
IRS990/TotalAssetsGrp/BOYAmt0683065
IRS990/TotalAssetsGrp/EOYAmt0609479
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010000
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0219509
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0630121
IRS990/TotalFunctionalExpensesGrp/TotalAmt0849630
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0673698
IRS990/TotalLiabilitiesEOYAmt0615983
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IRS990/TotalLiabilitiesGrp/EOYAmt0615983
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09367
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IRS990/TotalProgramServiceExpensesAmt0630121
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IRS990/TotalReportableCompFromOrgAmt092491
IRS990/TotalRevenueGrp/ExclusionAmt083
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0833730
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0683065
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0609479

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