Civic Intelligence

Ravinia Nursery School

990 • Fiscal year 2021 • EIN 36-6002274

Aug 01, 2020 to Jul 31, 2021 • Filed on Dec 08, 2021

686 Red Oak LaneHighland Park, IL 60035

(847) 831-3700

Siviq Scores

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

Liabilities / Assets

89th percentile

0.63x

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

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

Liabilities / Revenue

88th percentile

0.74x

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

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

Net Margin

35th percentile

3.8%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$82,542

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

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

Asset Growth

46th percentile

7.3%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

58th percentile

23%

Faster revenue growth than 58% of similar nonprofits.

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

Assets

Up

$611,944

Up $41,575 (+7.3%) from 2020

Net Assets

Up

$229,283

Up $19,679 (+9.4%) from 2020

Liabilities

Up

$382,661

Up $21,896 (+6.1%) from 2020

Revenue

Up

$517,527

Up $95,450 (+23%) from 2020

Expenses

Up

$497,848

Up $18,008 (+3.8%) from 2020

Net Income

Up

$19,679

Up $77,442 (+134%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $506,213Liabilities 2019: $200,591Net Assets 2019: $305,6222019Assets 2020: $570,369Liabilities 2020: $360,765Net Assets 2020: $209,6042020Assets 2021: $611,944Liabilities 2021: $382,661Net Assets 2021: $229,2832021Assets 2022: $579,723Liabilities 2022: $379,132Net Assets 2022: $200,5912022Assets 2024: $620,803Liabilities 2024: $452,965Net Assets 2024: $167,8382024

Highlighted filing

2021

Assets$611,944
Liabilities$382,661
Net Assets$229,283

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $505,258Expenses 2019: $521,522Net Income 2019: -$16,2642019Revenue 2020: $422,077Expenses 2020: $479,840Net Income 2020: -$57,7632020Revenue 2021: $517,527Expenses 2021: $497,848Net Income 2021: $19,6792021Revenue 2022: $491,336Expenses 2022: $520,028Net Income 2022: -$28,6922022Revenue 2024: $586,332Expenses 2024: $587,058Net Income 2024: -$7262024

Highlighted filing

2021

Revenue$517,527
Expenses$497,848
Net Income$19,679
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Dec 8, 2021
Return Version
2020v4.1
Gross Receipts
$521,092
Mission and Program Overview

Mission

For children to discover that school is a place where they will be welcomed and accepted by warm and caring adults and find classrooms that are filled with opportunities to learn about the world in which they live. To support their growth and a continuing desire to learn. We believe that through play children are encouraged to interact with peers and to develop a respect for themselves and for others. We see children as family members and serve families accordingly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$351,633$403,267▲ $51,634
Land, Buildings, and Equipment, Net$207,775$197,169▼ $10,606
Prepaid Expenses and Deferred Charges$10,511$11,508▲ $997
Accounts Receivable$450--
Total Assets$570,369$611,944▲ $41,575
Liabilities
Deferred Revenue$135,569$221,916▲ $86,347
Mortgage Notes Payable Secured by Investment Property$150,000$150,000→ $0
Unsecured Notes Loans Payable$69,782$0▼ $69,782
Accounts Payable and Accrued Expenses$5,414$10,745▲ $5,331
Total Liabilities$360,765$382,661▲ $21,896
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$209,604$229,283▲ $19,679
Total Net Assets Fund Balance$209,604$229,283▲ $19,679
Total Liabilities and Net Assets / Fund Balance$570,369$611,944▲ $41,575

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$144,980$286,606$431,586
Other Land Buildings$48,390$23,321$71,711
Equipment$3,799$28,583$32,382
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathleen a OlsenExecutive Director Thru 5/31/21FT$82,542$82,542

Board Members and Trustees

NameTitle
Anna SalibaPresident
Ashley BergquistBoard Member
Brittany DobslafBoard Member
Deanna ArthurBoard Member
Elizabeth PerryBoard Member
Emily ConleyBoard Member
Emily SchillerBoard Member
Laura SchneiderBoard Member
Lauren KritzmanBoard Member
Meg WaxmanBoard Member
Michelle BrownBoard Member
Roxana HaeryBoard Member
Andrea CockeExecutive Director From 5/1/21
Anne MuchaSecretary
Amy Cheng ParkTreasurer
Emily VaughnVP Admin
Cathy CurranVP Ways and Means
Revenue and Support

Revenue Composition

Contributions and Grants
$149,999
Program Service Revenue
$340,868
Investment Income
$218
Other Revenue
$26,442
All Other Contributions
$1,390
Change in Net Assets
$19,679

Audited Revenue Reconciliation

Revenue per Audited Statements
$517,527
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$517,527
Total Revenue per Form 990
$517,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$340,742
Other Expenses$157,106
Total Fundraising Expense$23,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$213,008$12,427-$225,435
Current Officers, Directors, Trustees, and Key Employees$70,850$20,243-$91,093
Occupancy$45,810$5,102-$50,912
Payroll Taxes$21,876$2,338-$24,214
Fees for Services Accounting-$21,073-$21,073
Depreciation Depletion$11,142$1,238-$12,380
Insurance$10,240$1,138-$11,378
Office Expenses-$4,353-$4,353
Interest-$4,284-$4,284
Other Expenses$2,912$89$23,101$3,001
All Other Expenses-$1,594-$1,594
Information Technology-$1,225-$1,225
Travel-$929-$929
Advertising-$867-$867
Total Functional Expenses$397,847$76,900$23,101$497,848

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$497,848
Total Expenses per Audited Statements$497,848
Total Expenses per Form 990$497,848
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
Fundraising Direct Expenses$3,565
Fundraising Gross Income$3,295
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
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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

The executive director and treasurer reviews the 990 before submission.

Form 990, Part VI, Section B, Line 12C

Board of directors are required to sign a conflict of interest statement stating they are a volunteer member of the board of ravinia nursery school and their position does not create a conflict of interest. As a board member, their child, family or themselves will not receive preferential treatment and will not be entitled to anything different or beyond that of any other families who have children attending the school. All board members are required to disclose any interests that could give rise to conflict at board meetings. The organization regularly and consistently monitors and enforces compliance with this conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The treasurer is responsible for determining compensation of the organization's officers and key employees, the determined compensation is then reviewed and approved by independent persons.

Form 990, Part VI, Section C, Line 19

Any governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ravinia Nursery School
EIN
36-6002274
Phone
8478313700
Address
686 RED OAK LANE, HIGHLAND PARK, IL 60035

Signing Officer

Name
Andrea Cocke
Title
Executive Director
Phone
8478313700
Signed
2021-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Cocke
Formed
1942
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
22
Volunteers
24

Preparer

Firm
Wipfli Llp
Address
100 TRI-STATE INTERNATIONAL STE 300, LINCOLNSHIRE, IL 60069
Preparer
Marlene Domash
Phone
8479410100
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IRS990/Desc0RAVINIA NURSERY SCHOOL IS A DEVELOPMENTAL PRESCHOOL FOR CHILDREN AGES THREE, FOUR AND FIVE YEARS OLD, PROVIDING A SAFE, WARM AND NURTURING ENVIRONMENT THAT ALLOWS THE CHILDREN TO MOVE AT THEIR OWN PACE IN A SELF-DIRECTED MANNER. SUMMER CAMP IS A SEVEN-WEEK LONG PROGRAM OPEN TO CHILDREN AGES 2, 3, 4, AND 5. MUCH OF THE PROGRAM TAKES PLACE OUTSIDE ON OUR PLAYGROUND. ACTIVITIES INVOLVE SAND AND WATER PLAY, GROUP GAMES, SPORT ACTIVITIES, ARTS AND CRAFTS AND SPECIAL PROJECTS. THE CHILDREN ALSO SPEND TIME SINGING, LISTENING TO STORIES, LEARNING ABOUT PETS, TAKING NATURE WALKS AND GARDENING. PRESCHOOLERS WILL BRING THEIR LUNCH AND END EACH DAY WITH A PICNIC ON THE PLAYGROUND. REVENUES ARE RECEIVED IN THE FORM OF TUITION AND REGISTRATION FEES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR THRU 5/31/21
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IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
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IRS990/InsuranceGrp/ProgramServicesAmt010240
IRS990/InsuranceGrp/TotalAmt011378
IRS990/InterestGrp/ManagementAndGeneralAmt04284
IRS990/InterestGrp/TotalAmt04284
IRS990/InvestmentIncomeGrp/ExclusionAmt0218
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0218
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0338510
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0207775
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0197169
IRS990/LandBldgEquipCostOrOtherBssAmt0535679
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE THE VERY BEST PRESCHOOL ENVIRONMENT WITH AN EXTRAORDINARY COMMITMENT TO:*PRESCHOOL CHILDREN AND THEIR FAMILIES*INNOVATIVE AND CREATIVE LEARNING THROUGH PLAY*CARING AND COMPETENT TEACHERS*COMMUNITY AND SOCIETY*QUALITY IN ALL THAT WE DO
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0150000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0150000
IRS990/NetAssetsOrFundBalancesBOYAmt0209604
IRS990/NetAssetsOrFundBalancesEOYAmt0229283
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-270
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-270
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0209604
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0229283
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05102
IRS990/OccupancyGrp/ProgramServicesAmt045810
IRS990/OccupancyGrp/TotalAmt050912
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04353
IRS990/OfficeExpensesGrp/TotalAmt04353
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FUNDRAISING
IRS990/OtherExpensesGrp/Desc1SCHOOL SUPPLIES
IRS990/OtherExpensesGrp/Desc2TEACHERS ED & RECRUIT
IRS990/OtherExpensesGrp/Desc3PROGRAM
IRS990/OtherExpensesGrp/FundraisingAmt023101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt089
IRS990/OtherExpensesGrp/ProgramServicesAmt018418
IRS990/OtherExpensesGrp/ProgramServicesAmt13591
IRS990/OtherExpensesGrp/ProgramServicesAmt22912
IRS990/OtherExpensesGrp/TotalAmt023101
IRS990/OtherExpensesGrp/TotalAmt118418
IRS990/OtherExpensesGrp/TotalAmt23591
IRS990/OtherExpensesGrp/TotalAmt33001
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0FUNDRAISING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt026677
IRS990/OtherRevenueMiscGrp/ExclusionAmt135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt026677
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135
IRS990/OtherRevenueTotalAmt026712
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012427
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0213008
IRS990/OtherSalariesAndWagesGrp/TotalAmt0225435
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02338
IRS990/PayrollTaxesGrp/ProgramServicesAmt021876
IRS990/PayrollTaxesGrp/TotalAmt024214
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010511
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011508
IRS990/PrincipalOfficerNm0ANDREA COCKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER CAMP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0299318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt141550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0299318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt141550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt029004
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0288
IRS990/PYOtherExpensesAmt0140385
IRS990/PYOtherRevenueAmt015345
IRS990/PYProgramServiceRevenueAmt0377440
IRS990/PYRevenuesLessExpensesAmt0-57763
IRS990/PYSalariesCompEmpBnftPaidAmt0339455
IRS990/PYTotalExpensesAmt0479840
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0422077
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt019679
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0340868
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0351633
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0403267
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0144980
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0286606
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0431586
IRS990ScheduleD/EquipmentGrp/BookValueAmt03799
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028583
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032382
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0497848
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048390
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023321
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071711
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0517527
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0197169
IRS990ScheduleD/TotalExpensesPerForm990Amt0497848
IRS990ScheduleD/TotalRevenuePerForm990Amt0517527
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0517527
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0497848
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

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