Civic Intelligence

Lamplighter Montessori School Inc

990 • Fiscal year 2019 • EIN 62-0848471

Aug 01, 2018 to Jul 31, 2019 • Filed on Jan 10, 2020

8563 Fay RoadCordova, TN 38018

(901) 751-2000

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.32x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

73rd percentile

0.32x

Higher debt load relative to revenue than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

64th percentile

9.3%

Higher net margin than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

45th percentile

$49,400

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

42nd percentile

0.8%

Faster asset growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,234,388

Up $9,564 (+0.8%) from 2018

Net Assets

Up

$837,178

Up $116,695 (+16%) from 2018

Liabilities

Down

$397,210

Down $107,131 (-21%) from 2018

Revenue

Up

$1,243,209

Up $136,190 (+12%) from 2018

Expenses

Up

$1,127,395

Up $28,762 (+2.6%) from 2018

Net Income

Up

$115,814

Up $107,428 (+1281%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,314,531Liabilities 2011: $626,855Net Assets 2011: $687,6762011Assets 2012: $1,270,408Liabilities 2012: $565,308Net Assets 2012: $705,1002012Assets 2013: $1,191,736Liabilities 2013: $492,904Net Assets 2013: $698,8322013Assets 2014: $1,219,206Liabilities 2014: $531,506Net Assets 2014: $687,7002014Assets 2015: $1,302,898Liabilities 2015: $634,204Net Assets 2015: $668,6942015Assets 2016: $1,269,319Liabilities 2016: $608,683Net Assets 2016: $660,6362016Assets 2017: $1,285,023Liabilities 2017: $572,926Net Assets 2017: $712,0972017Assets 2018: $1,224,824Liabilities 2018: $504,341Net Assets 2018: $720,4832018Assets 2019: $1,234,388Liabilities 2019: $397,210Net Assets 2019: $837,1782019Assets 2020: $1,473,323Liabilities 2020: $470,643Net Assets 2020: $1,002,6802020Assets 2021: $1,655,182Liabilities 2021: $320,048Net Assets 2021: $1,335,1342021Assets 2022: $1,931,393Liabilities 2022: $166,306Net Assets 2022: $1,765,0872022Assets 2023: $4,904,112Liabilities 2023: $2,665,727Net Assets 2023: $2,238,3852023Assets 2024: $4,771,030Liabilities 2024: $2,522,921Net Assets 2024: $2,248,1092024

Highlighted filing

2019

Assets$1,234,388
Liabilities$397,210
Net Assets$837,178

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,111,4382011Revenue 2012: $1,166,993Expenses 2012: $1,148,382Net Income 2012: $18,6112012Expenses 2013: $1,191,0342013Revenue 2014: $1,131,483Expenses 2014: $1,144,332Net Income 2014: -$12,8492014Revenue 2015: $1,052,585Expenses 2015: $1,015,083Net Income 2015: $37,5022015Revenue 2016: $914,131Expenses 2016: $923,722Net Income 2016: -$9,5912016Revenue 2017: $1,099,713Expenses 2017: $1,048,588Net Income 2017: $51,1252017Revenue 2018: $1,107,019Expenses 2018: $1,098,633Net Income 2018: $8,3862018Revenue 2019: $1,243,209Expenses 2019: $1,127,395Net Income 2019: $115,8142019Revenue 2020: $1,394,511Expenses 2020: $1,229,009Net Income 2020: $165,5022020Revenue 2021: $1,656,914Expenses 2021: $1,330,243Net Income 2021: $326,6712021Revenue 2022: $2,081,982Expenses 2022: $1,654,535Net Income 2022: $427,4472022Revenue 2023: $2,411,966Expenses 2023: $1,938,257Net Income 2023: $473,7092023Revenue 2024: $2,655,624Expenses 2024: $2,645,494Net Income 2024: $10,1302024

Highlighted filing

2019

Revenue$1,243,209
Expenses$1,127,395
Net Income$115,814
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jan 10, 2020
Return Version
2018v3.2
Gross Receipts
$1,243,209
Mission and Program Overview

Mission

Childhood education through montessori methods

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,097,219$1,091,644▼ $5,575
Cash and Non-Interest-Bearing Accounts$72,842$55,365▼ $17,477
Savings and Temporary Cash Investments$7,307$30,410▲ $23,103
Accounts Receivable$16,592$23,499▲ $6,907
Investments in Publicly Traded Securities$15,408$16,289▲ $881
Prepaid Expenses and Deferred Charges$5,690$7,415▲ $1,725
Total Assets$1,224,824$1,234,388▲ $9,564
Other Assets Total$9,766$9,766→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$291,904$249,432▼ $42,472
Deferred Revenue$100,202$79,480▼ $20,722
Accounts Payable and Accrued Expenses$62,235$68,298▲ $6,063
Unsecured Notes Loans Payable$50,000--
Total Liabilities$504,341$397,210▼ $107,131
Net Assets / Fund Balance
Unrestricted Net Assets$720,483$837,178▲ $116,695
Total Net Assets Fund Balance$720,483$837,178▲ $116,695
Total Liabilities and Net Assets / Fund Balance$1,224,824$1,234,388▲ $9,564

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$700,843$536,615$1,237,458
Land$381,108-$381,108
Equipment$9,693$278,186$287,879
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Astrid FrenchHead of SchoFT$49,400$49,400

Board Members and Trustees

NameTitle
Ginny OcegueraPresident
Cindy Thomas WolffDirector
Diana FedinecDirector
Hugh MooreDirector
Jeff GrossDirector
Chandra MurphySecretary
Balaji KrishnanTreasurer
Jason LandrumVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$20,162
Program Service Revenue
$1,203,791
Investment Income
$493
Other Revenue
$18,763
All Other Contributions
$1,200
Change in Net Assets
$115,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,243,209
Revenue Not Reported on Form 990
$3,281
Total Revenue per Audited Statements
$1,246,490
Total Revenue per Form 990
$1,243,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$785,188
Other Expenses$342,207
Total Fundraising Expense$38,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$525,184$98,472$32,824$656,480
Occupancy$78,699$16,528-$95,227
Current Officers, Directors, Trustees, and Key Employees$59,280$11,115$3,705$74,100
Payroll Taxes$46,417$8,191-$54,608
Depreciation Depletion$31,580$3,903-$35,483
Advertising$25,500$2,186-$27,686
Insurance$4,514$13,547-$18,061
Interest-$15,935-$15,935
Fees for Services Legal-$13,465-$13,465
Information Technology$8,722$2,908-$11,630
Conferences and Meetings$8,811$2,194-$11,005
Office Expenses$168$10,750-$10,918
Other Expenses$10,547$12,503$566$10,547
All Other Expenses$5,147$4,824-$9,971
Total Functional Expenses$865,666$223,273$38,456$1,127,395

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,129,795
Expenses per Audited Statements$1,127,395
Total Expenses per Form 990$1,127,395
Expenses Not Reported on Form 990$2,400
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$18,962---
Total Events$18,962---
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
No
Audit committee
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The school's board of directors reviews the form 990 before it is filed. The form 990 is prepared by an independent cpa firm.

Form 990, Page 6, Part VI, Line 12C

Conflicts, if any, are addressed on a case by case basis as they arise. Conflicted board members rescue themselves from applicable situations.

Form 990, Page 6, Part VI, Line 19

Governing documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Lamplighter Montessori School Inc
EIN
62-0848471
Address
8563 FAY ROAD, CORDOVA, TN 38018

Signing Officer

Name
Astrid French
Title
Head of School
Phone
9017512000
Signed
2020-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ginny Oceguera
Formed
1971
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
33

Preparer

Firm
Alexander Thompson Arnold Pllc
Address
6525 N QUAIL HOLLOW SUITE 500, MEMPHIS, TN 38120
Preparer
Terryl M Viner
Phone
9016841170
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01203791
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01203791
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt031948
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0720
IRS990/PYOtherExpensesAmt0360461
IRS990/PYOtherRevenueAmt034929
IRS990/PYProgramServiceRevenueAmt01039422
IRS990/PYRevenuesLessExpensesAmt08386
IRS990/PYSalariesCompEmpBnftPaidAmt0738172
IRS990/PYTotalExpensesAmt01098633
IRS990/PYTotalRevenueAmt01107019
IRS990/ReconcilationRevenueExpnssAmt0115814
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01203791
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07307
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030410
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0700843
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0536615
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01237458
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt02400
IRS990ScheduleD/DonatedServicesUseFcltsAmt02400
IRS990ScheduleD/EquipmentGrp/BookValueAmt09693
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0278186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0287879
IRS990ScheduleD/ExpensesNotReportedAmt02400
IRS990ScheduleD/ExpensesSubtotalAmt01127395
IRS990ScheduleD/LandGrp/BookValueAmt0381108
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0381108
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0881
IRS990ScheduleD/RevenueNotReportedAmt03281
IRS990ScheduleD/RevenueSubtotalAmt01243209
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01091644
IRS990ScheduleD/TotalExpensesPerForm990Amt01127395
IRS990ScheduleD/TotalRevenuePerForm990Amt01243209
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01246490
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01129795
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/ExplanationTxt0YES, SCHOOL STATES IN THEIR WEBSITE AND ENROLLMENT PACKET THAT LAMPLIGHTER MONTESSORI SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, CREED, NATIONAL AND ETHNIC ORGIN TO ALL PROGRAMS AND ACTIVITIES MADE AVAILABLE TO STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018962
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018962
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018962
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018962
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED. THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS, IF ANY, ARE ADDRESSED ON A CASE BY CASE BASIS AS THEY ARISE. CONFLICTED BOARD MEMBERS RESCUE THEMSELVES FROM APPLICABLE SITUATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01224824
IRS990/TotalAssetsEOYAmt01234388
IRS990/TotalAssetsGrp/BOYAmt01224824
IRS990/TotalAssetsGrp/EOYAmt01234388
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt020162
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt038456
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0223273
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0865666
IRS990/TotalFunctionalExpensesGrp/TotalAmt01127395
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0504341
IRS990/TotalLiabilitiesEOYAmt0397210
IRS990/TotalLiabilitiesGrp/BOYAmt0504341
IRS990/TotalLiabilitiesGrp/EOYAmt0397210
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0720483
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0837178
IRS990/TotalProgramServiceExpensesAmt0865666
IRS990/TotalProgramServiceRevenueAmt01203791
IRS990/TotalReportableCompFromOrgAmt049400
IRS990/TotalRevenueGrp/ExclusionAmt0493
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01222554
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01243209
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01224824
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01234388
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0720483
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0837178
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt050000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08563 FAY ROAD
IRS990/USAddress/CityNm0CORDOVA
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038018
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0LAMPLIGHTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASTRID FRENCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.77$2.52$2.25$2.66$2.65$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.90$2.67$2.24$2.41$1.94$0.47
2022Detailed filing. Detailed filing data is available for this year.$1.93$0.17$1.77$2.08$1.65$0.43
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.32$1.34$1.66$1.33$0.33
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.47$1.00$1.39$1.23$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.40$0.84$1.24$1.13$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.22$0.50$0.72$1.11$1.10$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.29$0.57$0.71$1.10$1.05$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.61$0.66$0.91$0.92$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.63$0.67$1.05$1.02$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.53$0.69$1.13$1.14$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.49$0.70$1.19
2012Summary only. Only limited summary data is available for this year.$1.27$0.57$0.71$1.17$1.15$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.63$0.69$1.11