Civic Intelligence

The Da Vinci Waldorf School

990 • Fiscal year 2018 • EIN 36-4316186

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 16, 2019

150 E Bonner RdWauconda, 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

0.89x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.75x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$50,191

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-3.7%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$679,930

Up $70,451 (+12%) from 2017

Net Assets

Up

$73,870

Up $80,374 (+1236%) from 2017

Liabilities

Down

$606,060

Down $9,923 (-1.6%) from 2017

Revenue

Down

$803,130

Down $30,600 (-3.7%) from 2017

Expenses

Down

$722,756

Down $126,874 (-15%) from 2017

Net Income

Up

$80,374

Up $96,274 (+605%) from 2017

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

2018

Assets$679,930
Liabilities$606,060
Net Assets$73,870

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

2018

Revenue$803,130
Expenses$722,756
Net Income$80,374
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 16, 2019
Return Version
2017v2.2
Gross Receipts
$803,130
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$493,394$482,890▼ $10,504
Cash and Non-Interest-Bearing Accounts$80,924$173,767▲ $92,843
Accounts Receivable$31,134$17,312▼ $13,822
Investments in Publicly Traded Securities$3,816$5,961▲ $2,145
Prepaid Expenses and Deferred Charges$211--
Total Assets$609,479$679,930▲ $70,451
Liabilities
Mortgage Notes Payable Secured by Investment Property$437,921$412,851▼ $25,070
Deferred Revenue$150,554$190,114▲ $39,560
Accounts Payable and Accrued Expenses$27,508$2,271▼ $25,237
Other Liabilities-$824-
Total Liabilities$615,983$606,060▼ $9,923
Net Assets / Fund Balance
Unrestricted Net Assets$-31,505$56,145▲ $87,650
Temporarily Rstr Net Assets$25,001$17,725▼ $7,276
Total Net Assets Fund Balance$-6,504$73,870▲ $80,374
Total Liabilities and Net Assets / Fund Balance$609,479$679,930▲ $70,451

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$182,890$129,442$312,332
Land$300,000-$300,000
Other Land Buildings-$18,918$18,918
Equipment-$15,532$15,532
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine GrafftAdministratorFT$50,191$50,191
Leva ScogginChair of Early ChildhoodFT$37,106$37,106
Kristine FiskumFaculty ChairFT$36,644$36,644
Anita ZagranicznyDirector of Development & FinancePT$2,560$2,560

Board Members and Trustees

NameTitle
Joe AndersonPresident
Bill JonesTrustee
Miriam SwannSecretary
David JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$138,607
Program Service Revenue
$659,950
Investment Income
$17
Other Revenue
$4,556
All Other Contributions
$35,610
Change in Net Assets
$80,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$513,601
Other Expenses$209,155
Total Fundraising Expense$24,175
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$340,500$128,829$0$469,329
Payroll Taxes$32,119$12,153$0$44,272
All Other Expenses$0$9,952$15,147$25,099
Interest$0$20,634$0$20,634
Fees for Services Accounting$0$17,309$0$17,309
Fees for Services Other$0$14,704$0$14,704
Other Expenses$0$11,235$0$11,235
Depreciation Depletion$0$10,505$0$10,505
Insurance$0$9,450$0$9,450
Advertising$0$0$9,028$9,028
Total Functional Expenses$433,199$265,382$24,175$722,756
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Expense$824
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Filing and Contact Details

Filer

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

Signing Officer

Name
Christine Grafft
Title
Director
Phone
8475261372
Signed
2019-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Grafft
Formed
1999
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
7
Employees
19
Volunteers
25

Preparer

Firm
Pja Associates
Address
6238 W ADDISON ST, CHICAGO, IL 60634-4101
Preparer
Peter J Aleszczyk CPA
Phone
7737777577
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

The organization maintained contemporaneous minutes of every board meeting held during this fiscal year.

Pt VI, Line 8B

There were no committees with authority to act on behalf of the organization without the Board's approval.

Pt VI, Line 11B

The Board of Directors reviews the Form 990 before it is filed.

Pt VI, Line 12C

The Board reviews every transaction with potential for conflict.

Form 990, Part IX, Line 24E

Dues & subscriptions 5074. 0. 5074. 0.

Form 990, Part IX, Line 24E

Postage & shipping 382. 0. 382. 0.

Form 990, Part IX, Line 24E

Telephone 1467. 0. 1467. 0.

Form 990, Part IX, Line 24E

Miscellaneous 12233. 0. 3029. 9204.

Form 990, Part IX, Line 24E

EVENTS 5943. 0. 0. 5943.

Financial Statement Notes

Pt X, Line 2

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 finacial 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 ending after 2015 remain subject to examination by the internal revenue service.

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0803130
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0182890
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0129442
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0312332
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015532
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0300000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0300000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018918
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018918
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST EXPENSE
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 FINACIAL 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 ENDING AFTER 2015 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0482890
IRS990ScheduleD/TotalLiabilityAmt0824
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/ExplanationTxt0DA VINCI WALDORF SCHOOL DOES NOT DISCRMINATE ON THE BASIS OF RACE, RELIGION, GENDER, COLOR AND NATIONAL OR ETHNIC ORIGIN IN ITS EDUCATIONAL, ADMINISTRATIVE, ADMISSIONS OR SCHOLARSHIP PROGRAMS NONE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NONE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2NONE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3NONE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt4NONE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 4d
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Line 5h
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc4Line 7
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization maintained contemporaneous minutes of every board meeting held during this fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There were no committees with authority to act on behalf of the organization without the Board's approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors reviews the Form 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board reviews every transaction with potential for conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES & SUBSCRIPTIONS 5074. 0. 5074. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POSTAGE & SHIPPING 382. 0. 382. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TELEPHONE 1467. 0. 1467. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELLANEOUS 12233. 0. 3029. 9204.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EVENTS 5943. 0. 0. 5943.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt025001
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt017725
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0609479
IRS990/TotalAssetsEOYAmt0679930
IRS990/TotalAssetsGrp/BOYAmt0609479
IRS990/TotalAssetsGrp/EOYAmt0679930
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0138607
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024175
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0265382
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0433199
IRS990/TotalFunctionalExpensesGrp/TotalAmt0722756
IRS990/TotalGrossUBIAmt017
IRS990/TotalLiabilitiesBOYAmt0615983
IRS990/TotalLiabilitiesEOYAmt0606060
IRS990/TotalLiabilitiesGrp/BOYAmt0615983
IRS990/TotalLiabilitiesGrp/EOYAmt0606060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-6504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt073870
IRS990/TotalProgramServiceExpensesAmt0433199
IRS990/TotalProgramServiceRevenueAmt0659950
IRS990/TotalReportableCompFromOrgAmt0126501
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0664506
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0803130
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt017
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0609479
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0679930
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-31505
IRS990/UnrestrictedNetAssetsGrp/EOYAmt056145
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0150 E BONNER RD
IRS990/USAddress/CityNm0WAUCONDA
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060084
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINE GRAFFT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08475261372
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-16

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