Civic Intelligence

The Da Vinci Waldorf School

990 • Fiscal year 2016 • EIN 36-4316186

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 30, 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

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.91x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$52,113

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

42nd percentile

-0.5%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

8.2%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$683,065

Down $3,301 (-0.5%) from 2015

Net Assets

Up

$9,367

Up $15,014 (+266%) from 2015

Liabilities

Down

$673,698

Down $18,315 (-2.6%) from 2015

Revenue

Up

$743,989

Up $56,597 (+8.2%) from 2015

Expenses

Up

$727,550

Up $64,840 (+9.8%) from 2015

Net Income

Down

$16,439

Down $8,243 (-33%) from 2015

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

2016

Assets$683,065
Liabilities$673,698
Net Assets$9,367

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

2016

Revenue$743,989
Expenses$727,550
Net Income$16,439
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 30, 2017
Return Version
2015v3.0
Gross Receipts
$760,672
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$512,254$501,740▼ $10,514
Cash and Non-Interest-Bearing Accounts$166,614$148,366▼ $18,248
Accounts Receivable$480$20,665▲ $20,185
Prepaid Expenses and Deferred Charges$1,792$8,334▲ $6,542
Investments in Publicly Traded Securities$4,971$3,705▼ $1,266
Intangible Assets$255$255→ $0
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$686,366$683,065▼ $3,301
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$469,450$450,090▼ $19,360
Deferred Revenue$169,686$176,516▲ $6,830
Accounts Payable and Accrued Expenses$52,877$47,092▼ $5,785
Total Liabilities$692,013$673,698▼ $18,315
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$12,405-
Unrestricted Net Assets$-5,647$-3,038▲ $2,609
Total Net Assets Fund Balance$-5,647$9,367▲ $15,014
Total Liabilities and Net Assets / Fund Balance$686,366$683,065▼ $3,301

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$200,508$109,672$310,180
Land$300,000-$300,000
Other Land Buildings$1,232$17,686$18,918
Equipment-$15,532$15,532
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine GrafftDirectorPT$52,113$52,113
Kristine FiskumDirectorFT$32,695$32,695
Brett HallerDirectorPT$4,958$4,958

Board Members and Trustees

NameTitle
Joe AndersonPresident
Dave BrooksVice President
Megan TegelmanDirector
Harish RaoSecretary
Nilo De CastroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$673,589
Investment Income
$198
Other Revenue
$70,202
Change in Net Assets
$16,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$743,989
Revenue Not Reported on Form 990
$-1,425
Total Revenue per Audited Statements
$742,564
Total Revenue per Form 990
$743,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$550,109
Other Expenses$177,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$393,820$114,702-$508,522
Payroll Taxes$32,205$9,382-$41,587
Interest$25,751--$25,751
Insurance$12,940$3,770-$16,710
Advertising-$15,604-$15,604
Depreciation Depletion$10,514--$10,514
Fees for Services Accounting-$10,185-$10,185
All Other Expenses$3,381$6,106-$9,487
Other Expenses$7,417$2,129-$7,417
Total Functional Expenses$535,693$191,857$0$727,550

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$727,550
Total Expenses per Audited Statements$727,550
Total Expenses per Form 990$727,550
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$84,886
Fundraising Direct Expenses$16,683
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$84,886$84,886$16,683$68,203
Total Events$84,886$84,886$16,683$68,203
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
2017-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Grafft
Formed
1999
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
5
Employees
24
Volunteers
15

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 2013 remain subject to examination by the internal revenue service.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01999
IRS990/OtherRevenueTotalAmt01999
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0114702
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0393820
IRS990/OtherSalariesAndWagesGrp/TotalAmt0508522
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09382
IRS990/PayrollTaxesGrp/ProgramServicesAmt032205
IRS990/PayrollTaxesGrp/TotalAmt041587
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01792
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08334
IRS990/PrincipalOfficerNm0CHRISTINE GRAFFT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0673589
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0673589
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05054
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0102
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0165473
IRS990/PYOtherRevenueAmt088355
IRS990/PYProgramServiceRevenueAmt0593881
IRS990/PYRevenuesLessExpensesAmt024682
IRS990/PYSalariesCompEmpBnftPaidAmt0497237
IRS990/PYTotalExpensesAmt0662710
IRS990/PYTotalRevenueAmt0687392
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt016439
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0200508
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0109672
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0310180
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015532
IRS990ScheduleD/ExpensesSubtotalAmt0727550
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0300000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0300000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1425
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01232
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017686
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018918
IRS990ScheduleD/RevenueNotReportedAmt0-1425
IRS990ScheduleD/RevenueSubtotalAmt0743989
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 2013 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0501740
IRS990ScheduleD/TotalExpensesPerForm990Amt0727550
IRS990ScheduleD/TotalRevenuePerForm990Amt0743989
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0742564
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0727550
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WATER'S EDGE 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
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016683
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt084886
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt084886
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt084886
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt084886
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt068203
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016683
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016683
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/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt012405
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0686366
IRS990/TotalAssetsEOYAmt0683065
IRS990/TotalAssetsGrp/BOYAmt0686366
IRS990/TotalAssetsGrp/EOYAmt0683065
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0191857
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0535693
IRS990/TotalFunctionalExpensesGrp/TotalAmt0727550
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0692013
IRS990/TotalLiabilitiesEOYAmt0673698
IRS990/TotalLiabilitiesGrp/BOYAmt0692013
IRS990/TotalLiabilitiesGrp/EOYAmt0673698
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-5647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09367
IRS990/TotalProgramServiceExpensesAmt0535693

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