Civic Intelligence

Northern Virgina Waldorf School DBA Potomac Crescent Waldorf Sch

990 • Fiscal year 2018 • EIN 54-1962764

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 25, 2018

3846 King StreetAlexandria, VA 22302-1906

(703) 486-1309

Siviq Scores

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

Liabilities / Assets

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

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

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

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

Net Margin

53rd percentile

4.5%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

30th percentile

-5.2%

Faster revenue growth than 30% of similar nonprofits.

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

Assets

Up

$325,602

Up $43,373 (+15%) from 2017

Net Assets

Up

$314,547

Up $37,052 (+13%) from 2017

Liabilities

Up

$11,055

Up $6,321 (+134%) from 2017

Revenue

Down

$819,481

Down $45,175 (-5.2%) from 2017

Expenses

Down

$782,429

Down $38,813 (-4.7%) from 2017

Net Income

Down

$37,052

Down $6,362 (-15%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $179,116Liabilities 2011: $46,323Net Assets 2011: $132,7932011Assets 2012: $178,048Liabilities 2012: $46,598Net Assets 2012: $131,4502012Assets 2013: $118,526Liabilities 2013: $69,235Net Assets 2013: $49,2912013Assets 2014: $130,988Liabilities 2014: $16,662Net Assets 2014: $114,3262014Assets 2015: $204,547Liabilities 2015: $3,538Net Assets 2015: $201,0092015Assets 2016: $236,123Liabilities 2016: $2,042Net Assets 2016: $234,0812016Assets 2017: $282,229Liabilities 2017: $4,734Net Assets 2017: $277,4952017Assets 2018: $325,602Liabilities 2018: $11,055Net Assets 2018: $314,5472018Assets 2019: $371,617Liabilities 2019: $30,860Net Assets 2019: $340,7572019Assets 2020: $457,175Liabilities 2020: $154,553Net Assets 2020: $302,6222020Assets 2021: $558,241Liabilities 2021: $195,561Net Assets 2021: $362,6802021Assets 2022: $816,523Liabilities 2022: $577,320Net Assets 2022: $239,2032022Assets 2023: $3,301,510Liabilities 2023: $3,421,776Net Assets 2023: -$120,2662023

Highlighted filing

2018

Assets$325,602
Liabilities$11,055
Net Assets$314,547

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $516,883Expenses 2011: $482,862Net Income 2011: $34,0212011Revenue 2012: $587,845Expenses 2012: $589,188Net Income 2012: -$1,3432012Expenses 2013: $625,9252013Revenue 2014: $657,553Expenses 2014: $592,518Net Income 2014: $65,0352014Revenue 2015: $726,324Expenses 2015: $639,641Net Income 2015: $86,6832015Revenue 2016: $788,335Expenses 2016: $755,263Net Income 2016: $33,0722016Revenue 2017: $864,656Expenses 2017: $821,242Net Income 2017: $43,4142017Revenue 2018: $819,481Expenses 2018: $782,429Net Income 2018: $37,0522018Revenue 2019: $818,588Expenses 2019: $804,520Net Income 2019: $14,0682019Revenue 2020: $778,255Expenses 2020: $808,306Net Income 2020: -$30,0512020Revenue 2021: $782,796Expenses 2021: $856,602Net Income 2021: -$73,8062021Revenue 2022: $870,831Expenses 2022: $996,364Net Income 2022: -$125,5332022Revenue 2023: $1,012,775Expenses 2023: $1,370,148Net Income 2023: -$357,3732023

Highlighted filing

2018

Revenue$819,481
Expenses$782,429
Net Income$37,052
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$825,736
Mission and Program Overview

Mission

To provide pre-k through elementary education using the waldorf education model

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$148,809$157,752▲ $8,943
Cash and Non-Interest-Bearing Accounts$94,719$141,798▲ $47,079
Accounts Receivable$24,284$11,610▼ $12,674
Prepaid Expenses and Deferred Charges-$7,324-
Savings and Temporary Cash Investments$2,767$2,768▲ $1
Total Assets$282,229$325,602▲ $43,373
Other Assets Total$11,650$4,350▼ $7,300
Liabilities
Deferred Revenue$2,757$8,950▲ $6,193
Other Liabilities$1,977$2,105▲ $128
Total Liabilities$4,734$11,055▲ $6,321
Net Assets / Fund Balance
Unrestricted Net Assets$237,832$293,733▲ $55,901
Temporarily Rstr Net Assets$39,663$20,814▼ $18,849
Total Net Assets Fund Balance$277,495$314,547▲ $37,052
Total Liabilities and Net Assets / Fund Balance$282,229$325,602▲ $43,373

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$157,752$51,376$209,128
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$68,030
Program Service Revenue
$714,465
Investment Income
$1
Other Revenue
$36,985
All Other Contributions
$38,030
Change in Net Assets
$37,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$633,326
Other Expenses$149,103
Total Fundraising Expense$26,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$511,353$50,821$15,666$577,840
Occupancy$63,253$6,751$6,754$76,758
Payroll Taxes$39,512$3,927$1,210$44,649
Depreciation Depletion$16,202$1,627$1,591$19,420
Other Employee Benefits$9,590$953$294$10,837
Insurance-$6,882-$6,882
Fees for Services Other$3,398$3,415$46$6,859
Office Expenses$5,410$538$166$6,114
Advertising-$1,216$1,216$2,432
All Other Expenses-$1,717-$1,717
Fees for Services Accounting-$1,200-$1,200
Other Expenses$1,117--$1,117
Total Functional Expenses$676,439$79,047$26,943$782,429
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,665
Fundraising Direct Expenses$6,255
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring to Actio$12,483$12,483$194$12,289
Annual Fund$41,534$11,534$1,240$10,294
Total Events$59,856$29,856$2,446$27,410
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Parent Association Funds$1,750
Payroll Liabilities$196
Other Payables$159
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
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, Page 6, Part VI, Line 11B

Completed form 990 is reviewed by all board members and subject to approval.

Form 990, Page 6, Part VI, Line 15A

Salaries are reviewed and approved as part of the annual budget process with consideration given to comparability data and the financial ability of the organization.

Form 990, Page 6, Part VI, Line 15B

SAME PROCESS AS ABOVE

Form 990, Page 6, Part VI, Line 19

Governing documents and the form 990 are made available to the general public upon request

Filing and Contact Details

Filer

Filer Name
Northern Virginia
EIN
54-1962764
Phone
7034861309
Address
3846 KING STREET, ALEXANDRIA, VA 22302-1906
Doing Business As
Potomac Crescent Waldorf School

Signing Officer

Name
Michael Nakamoto
Title
Treasurer
Phone
7034861309
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Nakamoto
Formed
1998
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
28
Volunteers
50

Preparer

Firm
Hcfl
Address
1104 KENILWORTH DRIVE SUITE 300, TOWSON, MD 21204-3102
Preparer
Karen Carr CPA
Phone
4108284446
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

During the fiscal year, the organization cancelled the 5-day nursery program previously offered.

Raw XML AppendixShowing 400 of 442 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/ProgramServiceRevenueGrp/Desc1SUMMER PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0689673
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118792
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0689673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118792
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt035757
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt059
IRS990/PYOtherExpensesAmt0156039
IRS990/PYOtherRevenueAmt031320
IRS990/PYProgramServiceRevenueAmt0797520
IRS990/PYRevenuesLessExpensesAmt043414
IRS990/PYSalariesCompEmpBnftPaidAmt0665203
IRS990/PYTotalExpensesAmt0821242
IRS990/PYTotalRevenueAmt0864656
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt037052
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02767
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02768
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0157752
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt051376
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0209128
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PARENT ASSOCIATION FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER PAYABLES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0157752
IRS990ScheduleD/TotalLiabilityAmt02105
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/ExplanationTxt0ALL PUBLICIZED INFORMATION INCLUDES THE STATEMENT, THE NORTHERN VIRGINIA WALDORF SCHOOL INITIATIVE (NVWSI), DBA POTOMAC CRESCENT WALDORF SCHOOL, DOES NOT DISCRIMINATE BY RACE, COLOR, ETHNIC OR NATIONAL ORIGIN, OR RELIGION IN ITS ADMISSIONS, ADMINISTRATIVE, FINANCIAL AID OR ANY OTHER POLICIES. THE SCHOOL IS A NON-PROFIT CORPORATION WITH TAX-EXEMPT STATUS UNDER IRS 501(C)(3)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt030000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt030000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02446
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL FUND
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPRING TO ACTIO
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt041534
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012483
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05839
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt059856
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011534
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012483
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05839
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029856
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027410
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01012
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02446
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01240
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0194
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/LicensedStatesCd0VA
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING THE FISCAL YEAR, THE ORGANIZATION CANCELLED THE 5-DAY NURSERY PROGRAM PREVIOUSLY OFFERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLETED FORM 990 IS REVIEWED BY ALL BOARD MEMBERS AND SUBJECT TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES ARE REVIEWED AND APPROVED AS PART OF THE ANNUAL BUDGET PROCESS WITH CONSIDERATION GIVEN TO COMPARABILITY DATA AND THE FINANCIAL ABILITY OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME PROCESS AS ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND THE FORM 990 ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt039663
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020814
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0282229
IRS990/TotalAssetsEOYAmt0325602
IRS990/TotalAssetsGrp/BOYAmt0282229
IRS990/TotalAssetsGrp/EOYAmt0325602
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt068030
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026943
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079047
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0676439
IRS990/TotalFunctionalExpensesGrp/TotalAmt0782429
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04734
IRS990/TotalLiabilitiesEOYAmt011055
IRS990/TotalLiabilitiesGrp/BOYAmt04734
IRS990/TotalLiabilitiesGrp/EOYAmt011055
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0277495
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0314547
IRS990/TotalProgramServiceExpensesAmt0676439
IRS990/TotalProgramServiceRevenueAmt0714465
IRS990/TotalRevenueGrp/ExclusionAmt022318
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0715040
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0819481
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0282229
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0325602
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0237832

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.30$3.42$0.12$1.01$1.37$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.58$0.24$0.87$1.00$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.20$0.36$0.78$0.86$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.15$0.30$0.78$0.81$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.03$0.34$0.82$0.80$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.31$0.82$0.78$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.00$0.28$0.86$0.82$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.23$0.79$0.76$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.73$0.64$0.09
2014Summary only. Only limited summary data is available for this year.$0.13$0.02$0.11$0.66$0.59$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.07$0.05$0.63
2012Summary only. Only limited summary data is available for this year.$0.18$0.05$0.13$0.59$0.59$0.00
2011Summary only. Only limited summary data is available for this year.$0.18$0.05$0.13$0.52$0.48$0.03