Civic Intelligence

Lamplighter Montessori School Inc

990 • Fiscal year 2020 • EIN 62-0848471

Aug 01, 2019 to Jul 31, 2020 • Filed on Jan 25, 2021

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

72nd percentile

0.32x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

71st percentile

0.34x

Higher debt load relative to revenue than 71% of similar nonprofits.

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

Net Margin

62nd percentile

12%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

55th percentile

$72,067

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

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

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

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

Assets

Up

$1,473,323

Up $238,935 (+19%) from 2019

Net Assets

Up

$1,002,680

Up $165,502 (+20%) from 2019

Liabilities

Up

$470,643

Up $73,433 (+18%) from 2019

Revenue

Up

$1,394,511

Up $151,302 (+12%) from 2019

Expenses

Up

$1,229,009

Up $101,614 (+9.0%) from 2019

Net Income

Up

$165,502

Up $49,688 (+43%) from 2019

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

2020

Assets$1,473,323
Liabilities$470,643
Net Assets$1,002,680

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

2020

Revenue$1,394,511
Expenses$1,229,009
Net Income$165,502
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Jan 25, 2021
Return Version
2019v5.0
Gross Receipts
$1,394,511
Mission and Program Overview

Mission

Childhood education through montessori methods

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,091,644$1,113,791▲ $22,147
Cash and Non-Interest-Bearing Accounts$55,365$284,288▲ $228,923
Savings and Temporary Cash Investments$30,410$41,958▲ $11,548
Investments in Publicly Traded Securities$16,289$14,420▼ $1,869
Accounts Receivable$23,499$7,070▼ $16,429
Prepaid Expenses and Deferred Charges$7,415$2,030▼ $5,385
Total Assets$1,234,388$1,473,323▲ $238,935
Other Assets Total$9,766$9,766→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$249,432$363,046▲ $113,614
Accounts Payable and Accrued Expenses$68,298$59,547▼ $8,751
Deferred Revenue$79,480$48,050▼ $31,430
Total Liabilities$397,210$470,643▲ $73,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$837,178$1,002,680▲ $165,502
Total Net Assets Fund Balance$837,178$1,002,680▲ $165,502
Total Liabilities and Net Assets / Fund Balance$1,234,388$1,473,323▲ $238,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$710,248$824,377$1,534,625
Land$403,543-$403,543
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Astrid FrenchHead of SchoFT$72,067$72,067

Board Members and Trustees

NameTitle
Jeff GrossPresident
Balaji KrishnanDirector
Cindy Thomas WolffDirector
Diana FedinecDirector
Hugh MooreDirector
Chanda MurphySecretary
Ginny OcegueraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,786
Program Service Revenue
$1,346,129
Investment Income
$-1,433
Other Revenue
$28,029
All Other Contributions
$21,786
Change in Net Assets
$165,502

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,394,511
Total Revenue per Audited Statements
$1,394,511
Total Revenue per Form 990
$1,394,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$832,018
Other Expenses$396,991
Total Fundraising Expense$35,568
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$560,083$105,016$35,005$700,104
Occupancy$74,153$15,464-$89,617
Current Officers, Directors, Trustees, and Key Employees$72,067--$72,067
Payroll Taxes$50,870$8,977-$59,847
All Other Expenses$22,657$17,161-$39,818
Depreciation Depletion$31,736$3,922-$35,658
Advertising$25,646$1,600-$27,246
Conferences and Meetings$25,761$984-$26,745
Insurance$4,435$13,307-$17,742
Interest-$12,764-$12,764
Office Expenses$1,480$10,718-$12,198
Other Expenses$9,015$1,690$563$11,268
Fees for Services Legal-$10,820-$10,820
Information Technology$5,798$1,933-$7,731
Total Functional Expenses$989,085$204,356$35,568$1,229,009

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,229,009
Total Expenses per Audited Statements$1,229,009
Total Expenses per Form 990$1,229,009
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
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 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
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
2021-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Gross
Formed
1971
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
39

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/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0292553
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1277907
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2269369
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3184841
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4116816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0292553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1277907
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2269369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3184841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4116816
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020162
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0493
IRS990/PYOtherExpensesAmt0342207
IRS990/PYOtherRevenueAmt018763
IRS990/PYProgramServiceRevenueAmt01203791
IRS990/PYRevenuesLessExpensesAmt0115814
IRS990/PYSalariesCompEmpBnftPaidAmt0785188
IRS990/PYTotalExpensesAmt01127395
IRS990/PYTotalRevenueAmt01243209
IRS990/ReconcilationRevenueExpnssAmt0165502
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01346129
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030410
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041958
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/BookValueAmt0710248
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0824377
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01534625
IRS990ScheduleD/ExpensesSubtotalAmt01229009
IRS990ScheduleD/LandGrp/BookValueAmt0403543
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0403543
IRS990ScheduleD/RevenueSubtotalAmt01394511
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01113791
IRS990ScheduleD/TotalExpensesPerForm990Amt01229009
IRS990ScheduleD/TotalRevenuePerForm990Amt01394511
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01394511
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01229009
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
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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01234388
IRS990/TotalAssetsEOYAmt01473323
IRS990/TotalAssetsGrp/BOYAmt01234388
IRS990/TotalAssetsGrp/EOYAmt01473323
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021786
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt035568
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0204356
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0989085
IRS990/TotalFunctionalExpensesGrp/TotalAmt01229009
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0397210
IRS990/TotalLiabilitiesEOYAmt0470643
IRS990/TotalLiabilitiesGrp/BOYAmt0397210
IRS990/TotalLiabilitiesGrp/EOYAmt0470643
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0837178
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01002680
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0204643
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0204643
IRS990/TotalProgramServiceExpensesAmt0989085
IRS990/TotalProgramServiceRevenueAmt01346129
IRS990/TotalReportableCompFromOrgAmt072067
IRS990/TotalRevenueGrp/ExclusionAmt0435
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01372290
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01394511
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01234388
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01473323
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08563 FAY RD
IRS990/USAddress/CityNm0CORDOVA
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038018
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0LAMPLIGHTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASTRID FRENCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum09017512000
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAMPLIGHTER MONTESSORI SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LAMP
ReturnHeader/Filer/EIN0620848471
ReturnHeader/Filer/USAddress/AddressLine1Txt08563 FAY ROAD
ReturnHeader/Filer/USAddress/CityNm0CORDOVA

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