Civic Intelligence

Spring Bilingual Montessori Academy Inc

990 • Fiscal year 2020 • EIN 52-0856385

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 07, 2021

3514 Plyers Mill RoadKensington, MD 20895

(301) 962-7262

Siviq Scores

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

Liabilities / Assets

80th percentile

0.49x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.44x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

13th percentile

-25%

Higher net margin than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$111,454

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.5%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-20%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,522,955

Down $147,676 (-5.5%) from 2019

Net Assets

Down

$1,298,987

Down $91,083 (-6.6%) from 2019

Liabilities

Down

$1,223,968

Down $56,593 (-4.4%) from 2019

Revenue

Down

$852,033

Down $217,158 (-20%) from 2019

Expenses

Down

$1,067,216

Down $1,132 (-0.1%) from 2019

Net Income

Down

-$215,183

Down $216,026 (-25626%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $605,975Liabilities 2011: $0Net Assets 2011: $605,9752011Assets 2012: $2,265,982Liabilities 2012: $1,563,748Net Assets 2012: $702,2342012Assets 2013: $2,380,891Liabilities 2013: $1,547,783Net Assets 2013: $833,1082013Assets 2014: $2,327,121Liabilities 2014: $1,534,106Net Assets 2014: $793,0152014Assets 2015: $2,324,769Liabilities 2015: $1,424,670Net Assets 2015: $900,0992015Assets 2016: $2,430,485Liabilities 2016: $1,397,148Net Assets 2016: $1,033,3372016Assets 2017: $2,530,167Liabilities 2017: $1,363,057Net Assets 2017: $1,167,1102017Assets 2018: $2,717,078Liabilities 2018: $1,327,851Net Assets 2018: $1,389,2272018Assets 2019: $2,670,631Liabilities 2019: $1,280,561Net Assets 2019: $1,390,0702019Assets 2020: $2,522,955Liabilities 2020: $1,223,968Net Assets 2020: $1,298,9872020Assets 2021: $2,649,148Liabilities 2021: $1,336,938Net Assets 2021: $1,312,2102021Assets 2022: $2,815,926Liabilities 2022: $1,154,736Net Assets 2022: $1,661,1902022Assets 2023: $2,795,608Liabilities 2023: $963,917Net Assets 2023: $1,831,6912023Assets 2024: $2,904,662Liabilities 2024: $953,364Net Assets 2024: $1,951,2982024Assets 2025: $2,947,226Liabilities 2025: $936,380Net Assets 2025: $2,010,8462025

Highlighted filing

2020

Assets$2,522,955
Liabilities$1,223,968
Net Assets$1,298,987

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $653,3042011Revenue 2012: $811,301Expenses 2012: $715,042Net Income 2012: $96,2592012Expenses 2013: $804,6712013Revenue 2014: $668,641Expenses 2014: $708,734Net Income 2014: -$40,0932014Revenue 2015: $1,096,213Expenses 2015: $989,129Net Income 2015: $107,0842015Revenue 2016: $1,106,656Expenses 2016: $973,418Net Income 2016: $133,2382016Revenue 2017: $1,136,698Expenses 2017: $1,004,727Net Income 2017: $131,9712017Revenue 2018: $1,237,956Expenses 2018: $1,015,232Net Income 2018: $222,7242018Revenue 2019: $1,069,191Expenses 2019: $1,068,348Net Income 2019: $8432019Revenue 2020: $852,033Expenses 2020: $1,067,216Net Income 2020: -$215,1832020Revenue 2021: $840,759Expenses 2021: $827,536Net Income 2021: $13,2232021Revenue 2022: $1,209,834Expenses 2022: $1,000,586Net Income 2022: $209,2482022Revenue 2023: $1,346,711Expenses 2023: $1,176,210Net Income 2023: $170,5012023Revenue 2024: $1,359,451Expenses 2024: $1,239,845Net Income 2024: $119,6062024Revenue 2025: $1,502,238Expenses 2025: $1,433,048Net Income 2025: $69,1902025

Highlighted filing

2020

Revenue$852,033
Expenses$1,067,216
Net Income-$215,183
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 7, 2021
Return Version
2019v5.1
Gross Receipts
$852,033
Mission and Program Overview

Mission

Bilingual preschool education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,844,020$1,811,445▼ $32,575
Rtn Earn Endowment Incm Other Fnds$1,388,070$1,172,887▼ $215,183
Savings and Temporary Cash Investments$775,404$700,926▼ $74,478
Pd in Cap Srpls Land Bldg Eqp Fund$2,000$126,100▲ $124,100
Cash and Non-Interest-Bearing Accounts$51,207$10,584▼ $40,623
Total Assets$2,670,631$2,522,955▼ $147,676
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,276,240$1,234,359▼ $41,881
Deferred Revenue$14,712--
Other Liabilities$-10,391$-10,391→ $0
Total Liabilities$1,280,561$1,223,968▼ $56,593
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,390,070$1,298,987▼ $91,083
Total Liabilities and Net Assets / Fund Balance$2,670,631$2,522,955▼ $147,676

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$874,863$251,518$1,126,381
Land$827,229-$827,229
Leasehold Improvements$73,920$17,830$91,750
Equipment$10,481$34,488$44,969
Other Land Buildings$24,952$9,679$34,631
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Diann SandersonHead of SchoolFT$111,454$111,454

Board Members and Trustees

NameTitle
Harvey BeckhamPresident
Amy FitzgibbonsDirector
Avanthi KuruwitaDirector
Bala AliDirector
Erin TonerDirector
Guillermo AranasDirector
Melissa SolisDirector
Nubia SosaDirector
Sean NewellDirector
Toni HolnessDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$533
Other Revenue
$851,500
Change in Net Assets
$-215,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$675,004
Other Expenses$392,212
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$512,834--$512,834
Current Officers, Directors, Trustees, and Key Employees$111,454--$111,454
All Other Expenses$90,482--$90,482
Interest$56,185--$56,185
Payroll Taxes$50,716--$50,716
Depreciation Depletion$32,575--$32,575
Insurance$16,419--$16,419
Advertising$15,964--$15,964
Other Expenses$4,702--$4,702
Fees for Services Accounting$3,000--$3,000
Office Expenses$501--$501
Total Functional Expenses$1,067,216$0$0$1,067,216
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Processor Error$-10,391
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Board of directors receives a copy of the tax return prior to filing. The president is a member of the board. The president signs the tax return.

Other officer or key employee compensation Part VI line 15B

The board of directors conducts an extensive interview process when selecting a new head of school.

Governing documents etc available to public Part VI line 19

The school will allow for normal review of its form 990. No information is divulged about the individual children.

Filing and Contact Details

Filer

Filer Name
Spring Bilingual Montessori Academy Inc
EIN
52-0856385
Address
3514 PLYERS MILL ROAD, Kensington, MD 20895

Signing Officer

Name
Harvey Beckham
Title
President
Phone
3019627262
Signed
2021-03-07
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
8
Employees
20

Preparer

Firm
Brandon Accounting Services LLC
Address
16905 GERMANTOWN ROAD, Germantown, MD 20874
Preparer
James H Brandon
Phone
3014522111
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Line 9 - ppp loan proceeds as contributed capital

Raw XML Appendix390 raw XML fields

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/ReconcilationRevenueExpnssAmt0-215183
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01388070
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01172887
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0775404
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0700926
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0874863
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0251518
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01126381
IRS990ScheduleD/EquipmentGrp/BookValueAmt010481
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034488
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044969
IRS990ScheduleD/LandGrp/BookValueAmt0827229
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0827229
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt073920
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt017830
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt091750
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024952
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09679
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt034631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-10391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PROCESSOR ERROR
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01811445
IRS990ScheduleD/TotalLiabilityAmt0-10391
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS RECEIVES A COPY OF THE TAX RETURN PRIOR TO FILING. THE PRESIDENT IS A MEMBER OF THE BOARD. THE PRESIDENT SIGNS THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS CONDUCTS AN EXTENSIVE INTERVIEW PROCESS WHEN SELECTING A NEW HEAD OF SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL WILL ALLOW FOR NORMAL REVIEW OF ITS FORM 990. NO INFORMATION IS DIVULGED ABOUT THE INDIVIDUAL CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 9 - PPP LOAN PROCEEDS AS CONTRIBUTED CAPITAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02670631
IRS990/TotalAssetsEOYAmt02522955
IRS990/TotalAssetsGrp/BOYAmt02670631
IRS990/TotalAssetsGrp/EOYAmt02522955
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01067216
IRS990/TotalFunctionalExpensesGrp/TotalAmt01067216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01280561
IRS990/TotalLiabilitiesEOYAmt01223968
IRS990/TotalLiabilitiesGrp/BOYAmt01280561
IRS990/TotalLiabilitiesGrp/EOYAmt01223968
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01390070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01298987
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01067216
IRS990/TotalReportableCompFromOrgAmt0111454
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0852033
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0852033
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02670631
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02522955
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.spring-bilingual.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARVEY BECKHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03019627262
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING BILINGUAL MONTESSORI ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0520856385
ReturnHeader/Filer/USAddress/AddressLine1Txt03514 PLYERS MILL ROAD
ReturnHeader/Filer/USAddress/CityNm0Kensington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020895
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205732491
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRANDON ACCOUNTING SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016905 GERMANTOWN ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Germantown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020874
ReturnHeader/PreparerPersonGrp/PhoneNum03014522111
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES H BRANDON
ReturnHeader/ReturnTs02021-03-10T08:56:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.95$0.94$2.01$1.50$1.43$0.07
2024Detailed filing. Detailed filing data is available for this year.$2.90$0.95$1.95$1.36$1.24$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.96$1.83$1.35$1.18$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.82$1.15$1.66$1.21$1.00$0.21
2021Detailed filing. Detailed filing data is available for this year.$2.65$1.34$1.31$0.84$0.83$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.52$1.22$1.30$0.85$1.07$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.67$1.28$1.39$1.07$1.07$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.72$1.33$1.39$1.24$1.02$0.22
2017Summary only. Only limited summary data is available for this year.$2.53$1.36$1.17$1.14$1.00$0.13
2016Summary only. Only limited summary data is available for this year.$2.43$1.40$1.03$1.11$0.97$0.13
2015Summary only. Only limited summary data is available for this year.$2.32$1.42$0.90$1.10$0.99$0.11
2014Summary only. Only limited summary data is available for this year.$2.33$1.53$0.79$0.67$0.71$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$1.55$0.83$0.80
2012Summary only. Only limited summary data is available for this year.$2.27$1.56$0.70$0.81$0.72$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.00$0.61$0.65