Civic Intelligence

Cathedral Hill Montessori School

990 • Fiscal year 2016 • EIN 45-1062357

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 23, 2017

325 Dayton AveSt Paul, MN 55102

(651) 222-1555

Siviq Scores

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

Liabilities / Assets

96th percentile

1.38x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.23x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

46th percentile

1.4%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

54th percentile

$19,557

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

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

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

53rd percentile

4.5%

Faster revenue growth than 53% of similar nonprofits.

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

Assets

Down

$100,772

Down $15,511 (-13%) from 2015

Net Assets

Up

-$38,672

Up $8,686 (+18%) from 2015

Liabilities

Down

$139,444

Down $24,197 (-15%) from 2015

Revenue

Up

$616,075

Up $26,790 (+4.5%) from 2015

Expenses

Up

$607,389

Up $36,846 (+6.5%) from 2015

Net Income

Down

$8,686

Down $10,056 (-54%) 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 2012: $81,558Liabilities 2012: $169,5662012Assets 2013: $75,993Liabilities 2013: $178,551Net Assets 2013: -$102,5582013Assets 2014: $103,946Liabilities 2014: $170,046Net Assets 2014: -$66,1002014Assets 2015: $116,283Liabilities 2015: $163,641Net Assets 2015: -$47,3582015Assets 2016: $100,772Liabilities 2016: $139,444Net Assets 2016: -$38,6722016Assets 2017: $117,363Liabilities 2017: $125,672Net Assets 2017: -$8,3092017Assets 2018: $108,746Liabilities 2018: $109,992Net Assets 2018: -$1,2462018Assets 2019: $93,858Liabilities 2019: $96,003Net Assets 2019: -$2,1452019Assets 2020: $189,147Liabilities 2020: $194,555Net Assets 2020: -$5,4082020Assets 2021: $366,941Liabilities 2021: $285,570Net Assets 2021: $81,3712021Assets 2022: $447,692Liabilities 2022: $179,930Net Assets 2022: $267,7622022Assets 2023: $485,947Liabilities 2023: $147,183Net Assets 2023: $338,7642023Assets 2024: $1,510,652Liabilities 2024: $1,096,541Net Assets 2024: $414,1112024

Highlighted filing

2016

Assets$100,772
Liabilities$139,444
Net Assets-$38,672

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $114,753Expenses 2012: $202,761Net Income 2012: -$88,0082012Expenses 2013: $367,3032013Revenue 2014: $517,382Expenses 2014: $480,924Net Income 2014: $36,4582014Revenue 2015: $589,285Expenses 2015: $570,543Net Income 2015: $18,7422015Revenue 2016: $616,075Expenses 2016: $607,389Net Income 2016: $8,6862016Revenue 2017: $665,466Expenses 2017: $635,103Net Income 2017: $30,3632017Revenue 2018: $672,194Expenses 2018: $665,131Net Income 2018: $7,0632018Revenue 2019: $662,423Expenses 2019: $663,322Net Income 2019: -$8992019Revenue 2020: $624,205Expenses 2020: $631,257Net Income 2020: -$7,0522020Revenue 2021: $757,589Expenses 2021: $670,809Net Income 2021: $86,7802021Revenue 2022: $959,425Expenses 2022: $773,034Net Income 2022: $186,3912022Revenue 2023: $915,767Expenses 2023: $844,765Net Income 2023: $71,0022023Revenue 2024: $999,524Expenses 2024: $924,177Net Income 2024: $75,3472024

Highlighted filing

2016

Revenue$616,075
Expenses$607,389
Net Income$8,686
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 23, 2017
Return Version
2015v3.0
Gross Receipts
$618,692
Mission and Program Overview

Mission

To provide a safe, beautiful, and authentic Montessori learning environment; to serve an inclusive community of multicultural and economically diverse families; and to support children in becoming confident, independent, and compassionate members of society.

Our mission is to create a safe, beautiful, and independent learning environment for young children; to educate families and the community about the Montessori philosophy; to instill in children a lifelong love of learning, respect and service toward humanity, and an appreciation and care for the environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$73,253$67,236▼ $6,017
Savings and Temporary Cash Investments$9,075$15,076▲ $6,001
Cash and Non-Interest-Bearing Accounts$33,704$13,587▼ $20,117
Prepaid Expenses and Deferred Charges-$4,873-
Accounts Receivable$250$0▼ $250
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$116,283$100,772▼ $15,511
Other Assets Total$1$0▼ $1
Liabilities
Mortgage Notes Payable Secured by Investment Property$93,665$82,449▼ $11,216
Deferred Revenue$30,900$40,150▲ $9,250
Unsecured Notes Loans Payable$11,431$9,451▼ $1,980
Accounts Payable and Accrued Expenses$27,645$7,394▼ $20,251
Total Liabilities$163,641$139,444▼ $24,197
Net Assets / Fund Balance
Unrestricted Net Assets$-47,358$-38,672▲ $8,686
Total Net Assets Fund Balance$-47,358$-38,672▲ $8,686
Total Liabilities and Net Assets / Fund Balance$116,283$100,772▼ $15,511

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$47,127$9,745$56,872
Equipment$17,126$33,977$51,103
Other Land Buildings$2,983$6,040$9,023
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Whitney BlessingHead of SchoolFT$19,557$19,557
Ed CavinInt Head of SchFT$16,261$16,261

Board Members and Trustees

NameTitle
Jeremy ProsePresident
Erin WendorfVice President
Anna SipprellDirector
Dagmar HoebertzDirector
Jenifer O'LearyDirector
Nadiya RappDirector
Andrew GibbonsSecretary
Jon MorrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,968
Program Service Revenue
$595,924
Investment Income
$3
Other Revenue
$5,180
All Other Contributions
$14,968
Change in Net Assets
$8,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$435,699
Other Expenses$171,690
Total Fundraising Expense$2,064
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$300,071$52,954-$353,025
Occupancy$101,921$2,080-$104,001
Current Officers, Directors, Trustees, and Key Employees$17,909$16,118$1,791$35,818
Payroll Taxes$23,809$4,202-$28,011
Other Employee Benefits$18,845--$18,845
Depreciation Depletion$11,901$368-$12,269
Interest$3,877$3,876-$7,753
Fees for Services Accounting-$4,284$226$4,510
Insurance$3,626$191-$3,817
All Other Expenses$3,430$24-$3,454
Other Expenses$1,873$330-$2,203
Office Expenses-$893$47$940
Advertising$75$75-$150
Total Functional Expenses$519,930$85,395$2,064$607,389
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,772
Fundraising Direct Expenses$2,617
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Whitney Andrew BlessingLandlordRentNo$97,265

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
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
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, Line 11B: Form 990 Review Process

Board President and Treasurer review and approve, and the Board receives a copy of the Form 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy is reviewed annually with board members and management to ensure compliance.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of management and all key employees is approved by board of directors.

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

Upon request.

Filing and Contact Details

Filer

Filer Name
Cathedral Hill Montessori School
EIN
45-1062357
Phone
6512221555
Address
325 Dayton Ave, St Paul, MN 55102

Signing Officer

Name
Andrew Gibbons
Title
President
Signed
2017-01-23
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
9
Employees
20
Volunteers
35

Preparer

Firm
Anderson & Baxter Ltd
Address
2415 ANNAPOLIS LN N STE 110, MINNEAPOLIS, MN 55441-3632
Preparer
John E Baxter CPA
Phone
7635590940
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02080
IRS990/OccupancyGrp/ProgramServicesAmt0101921
IRS990/OccupancyGrp/TotalAmt0104001
IRS990/OfficeExpensesGrp/FundraisingAmt047
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0893
IRS990/OfficeExpensesGrp/TotalAmt0940
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018845
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018845
IRS990/OtherExpensesGrp/Desc0General school expenses
IRS990/OtherExpensesGrp/Desc1Professional development
IRS990/OtherExpensesGrp/Desc2Classroom expense
IRS990/OtherExpensesGrp/Desc3Workers compensation
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0330
IRS990/OtherExpensesGrp/ProgramServicesAmt020359
IRS990/OtherExpensesGrp/ProgramServicesAmt17172
IRS990/OtherExpensesGrp/ProgramServicesAmt25062
IRS990/OtherExpensesGrp/ProgramServicesAmt31873
IRS990/OtherExpensesGrp/TotalAmt020359
IRS990/OtherExpensesGrp/TotalAmt17172
IRS990/OtherExpensesGrp/TotalAmt25062
IRS990/OtherExpensesGrp/TotalAmt32203
IRS990/OtherRevenueMiscGrp/Desc0Reimbursed expenses
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025
IRS990/OtherRevenueTotalAmt025
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052954
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0300071
IRS990/OtherSalariesAndWagesGrp/TotalAmt0353025
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04202
IRS990/PayrollTaxesGrp/ProgramServicesAmt023809
IRS990/PayrollTaxesGrp/TotalAmt028011
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04873
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0595924
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0595924
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010012
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0170022
IRS990/PYOtherRevenueAmt010905
IRS990/PYProgramServiceRevenueAmt0568367
IRS990/PYRevenuesLessExpensesAmt018742
IRS990/PYSalariesCompEmpBnftPaidAmt0400521
IRS990/PYTotalExpensesAmt0570543
IRS990/PYTotalRevenueAmt0589285
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08686
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09075
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015076
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt017126
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033977
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051103
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt047127
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09745
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt056872
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02983
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06040
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09023
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067236
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/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Our non-discriminatory policy is publicized on our school website and in our parent handbook.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1No records are kept on the ethnic make-up of student body or staff because this information is not pertinent to our educational services. Our organization has not yet had the opportunity offer financial aid or scholarships to any student due to lack of funding ability.
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
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Whitney Andrew Blessing
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Landlord
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt097265
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Rent
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09451
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt026919
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Whitney Andrew Blessing
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0325 Dayton LLC, an entity owned and operated by Whitney & Andrew Blessing, is the Organization's landlord. The Organization's board of directors approved the lease upon commencement in 2011 and determined in 2016 that the rent charged to the Organization continues to be based on current market rates.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt09451
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board President and Treasurer review and approve, and the Board receives a copy of the Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of interest policy is reviewed annually with board members and management to ensure compliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation of management and all key employees is approved by board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false

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