Civic Intelligence

Northern Virgina Waldorf School DBA Potomac Crescent Waldorf Sch

990 • Fiscal year 2017 • EIN 54-1962764

Jul 01, 2016 to Jun 30, 2017 • Filed on May 01, 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

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

54th percentile

5.0%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

77th percentile

20%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

9.7%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$282,229

Up $46,106 (+20%) from 2016

Net Assets

Up

$277,495

Up $43,414 (+19%) from 2016

Liabilities

Up

$4,734

Up $2,692 (+132%) from 2016

Revenue

Up

$864,656

Up $76,321 (+9.7%) from 2016

Expenses

Up

$821,242

Up $65,979 (+8.7%) from 2016

Net Income

Up

$43,414

Up $10,342 (+31%) from 2016

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

2017

Assets$282,229
Liabilities$4,734
Net Assets$277,495

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

2017

Revenue$864,656
Expenses$821,242
Net Income$43,414
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.1
Gross Receipts
$870,789
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$130,449$148,809▲ $18,360
Cash and Non-Interest-Bearing Accounts-$94,719-
Accounts Receivable$11,407$24,284▲ $12,877
Savings and Temporary Cash Investments$84,692$2,767▼ $81,925
Total Assets$236,123$282,229▲ $46,106
Other Assets Total$9,575$11,650▲ $2,075
Liabilities
Deferred Revenue-$2,757-
Accounts Payable and Accrued Expenses$2,042--
Other Liabilities-$1,977-
Total Liabilities$2,042$4,734▲ $2,692
Net Assets / Fund Balance
Unrestricted Net Assets$189,250$237,832▲ $48,582
Temporarily Rstr Net Assets$44,831$39,663▼ $5,168
Total Net Assets Fund Balance$234,081$277,495▲ $43,414
Total Liabilities and Net Assets / Fund Balance$236,123$282,229▲ $46,106

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$148,809$31,956$180,765
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marilyn NogueraBoard Chair/
Anna SkidmoreDirector
Ildiko GalDirector
Jason TurimDirector
Lark Bergwin-andersonDirector
Mark GuitonDirector
Nicholas HamptonDirector
Ashwini DeshpandeDirector/boa
Brett Mayer-ashhoffSecretary/bo
Michael NakamotoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,757
Program Service Revenue
$797,520
Investment Income
$59
Other Revenue
$31,320
All Other Contributions
$35,757
Change in Net Assets
$43,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$665,203
Other Expenses$156,039
Total Fundraising Expense$29,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$539,422$42,787$22,003$604,212
Occupancy$64,821$5,178$3,129$73,128
Payroll Taxes$41,097$3,260$1,676$46,033
Insurance-$19,561-$19,561
Depreciation Depletion$14,706$981$655$16,342
Other Employee Benefits$13,354$1,059$545$14,958
Office Expenses$8,071$640$329$9,040
Fees for Services Other$3,346$3,022$50$6,418
Fees for Services Accounting-$3,600-$3,600
Other Expenses$2,892$2,784-$2,784
All Other Expenses$445$1,407-$1,852
Advertising-$735$735$1,470
Total Functional Expenses$707,106$85,014$29,122$821,242
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,253
Fundraising Direct Expenses$6,133
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fund$12,435$12,435$1,808$10,627
Fall Festival$7,167$7,167$1,291$5,876
Total Events$24,702$24,702$4,447$20,255
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$1,930
Payroll Liabilities$47
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
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Nakamoto
Formed
1998
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
29
Volunteers
50

Preparer

Firm
Hcfl
Address
1104 KENILWORTH DRIVE SUITE 300, TOWSON, MD 21204-3102
Preparer
Karen Carr CPA
Phone
4108284446
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IRS990/PYInvestmentIncomeAmt0297
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IRS990/PYProgramServiceRevenueAmt0731418
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IRS990/PYSalariesCompEmpBnftPaidAmt0599267
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt084692
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02767
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0148809
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031956
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0180765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01930
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PARENT ASSOCIATION FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0148809
IRS990ScheduleD/TotalLiabilityAmt01977
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/DirectExpenseSummaryEventsAmt04447
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07167
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024702
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020255
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01348
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLETED FORM 990 IS REVIEWED BY ALL BOARD MEMBERS AND SUBJECT TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARIES 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/ExplanationTxt2SAME PROCESS AS ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND THE FORM 990 ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0236123
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt035757
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029122
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085014
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0707106
IRS990/TotalFunctionalExpensesGrp/TotalAmt0821242
IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234081
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IRS990/TotalProgramServiceExpensesAmt0707106
IRS990/TotalProgramServiceRevenueAmt0797520
IRS990/TotalRevenueGrp/ExclusionAmt015370
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0797720
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0864656
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0236123
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0282229
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0189250
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0237832
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.POTOMACCRESCENTSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL NAKAMOTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER

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
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.31$0.82$0.78$0.04
2017Detailed filing. Detailed filing data is available for this year.$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