Civic Intelligence

Lamplighter Montessori School Inc

990 • Fiscal year 2021 • EIN 62-0848471

Aug 01, 2020 to Jul 31, 2021 • Filed on Feb 28, 2022

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

67th percentile

0.19x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.19x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

62nd percentile

20%

Higher net margin than 62% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$70,013

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

56th percentile

12%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

19%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,655,182

Up $181,859 (+12%) from 2020

Net Assets

Up

$1,335,134

Up $332,454 (+33%) from 2020

Liabilities

Down

$320,048

Down $150,595 (-32%) from 2020

Revenue

Up

$1,656,914

Up $262,403 (+19%) from 2020

Expenses

Up

$1,330,243

Up $101,234 (+8.2%) from 2020

Net Income

Up

$326,671

Up $161,169 (+97%) from 2020

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

2021

Assets$1,655,182
Liabilities$320,048
Net Assets$1,335,134

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

2021

Revenue$1,656,914
Expenses$1,330,243
Net Income$326,671
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Feb 28, 2022
Return Version
2020v4.0
Gross Receipts
$1,656,914
Mission and Program Overview

Mission

Childhood education through montessori methods

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,113,792$1,104,205▼ $9,587
Cash and Non-Interest-Bearing Accounts$284,288$341,169▲ $56,881
Savings and Temporary Cash Investments$41,958$60,424▲ $18,466
Accounts Receivable$7,070$60,311▲ $53,241
Pledges and Grants Receivable-$34,808-
Prepaid Expenses and Deferred Charges$2,030$24,295▲ $22,265
Investments in Publicly Traded Securities$14,420$20,204▲ $5,784
Total Assets$1,473,324$1,655,182▲ $181,858
Other Assets Total$9,766$9,766→ $0
Liabilities
Unsecured Notes Loans Payable$158,486--
Mortgage Notes Payable Secured by Investment Property$204,561$157,055▼ $47,506
Accounts Payable and Accrued Expenses$59,547$97,055▲ $37,508
Deferred Revenue$48,050$65,938▲ $17,888
Total Liabilities$470,644$320,048▼ $150,596
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,002,680$1,335,134▲ $332,454
Total Net Assets Fund Balance$1,002,680$1,335,134▲ $332,454
Total Liabilities and Net Assets / Fund Balance$1,473,324$1,655,182▲ $181,858

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$551,206$423,395$974,601
Land$381,107-$381,107
Leasehold Improvements$145,347$177,538$322,885
Equipment$5,644$258,415$264,059
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Astrid FrenchHead of SchoFT$70,013$70,013

Board Members and Trustees

NameTitle
Jeff GrossPresident
Alyssa HirschDirector
Balaji KrishnanDirector
Cindy Thomas WolffDirector
Diana FedinecDirector
Ginny OcegueraDirector
Hugh MooreDirector
Tegan ReevesDirector
Chanda MurphySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$204,178
Program Service Revenue
$1,447,532
Investment Income
$546
Other Revenue
$4,658
All Other Contributions
$10,885
Change in Net Assets
$326,671

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,656,914
Revenue Not Reported on Form 990
$5,783
Total Revenue per Audited Statements
$1,662,697
Total Revenue per Form 990
$1,656,914
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$956,870
Other Expenses$373,373
Total Fundraising Expense$50,642
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$647,533$120,901$37,570$806,004
Occupancy$75,084$16,450-$91,534
Current Officers, Directors, Trustees, and Key Employees$69,123$12,906$4,011$86,040
Payroll Taxes$52,081$9,724$3,021$64,826
Advertising$46,255$976-$47,231
Depreciation Depletion$32,491$4,016-$36,507
Insurance$4,704$14,117-$18,821
Office Expenses$4,840$11,398-$16,238
Fees for Services Legal-$12,866-$12,866
Conferences and Meetings$6,102$246$5,150$11,498
Interest-$10,131-$10,131
Fees for Services Other$7,831$1,469$490$9,790
Information Technology$3,837$1,279-$5,116
Other Expenses$4,930$8,688$400$4,930
Total Functional Expenses$1,034,263$245,338$50,642$1,330,243

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,330,243
Total Expenses per Audited Statements$1,330,243
Total Expenses per Form 990$1,330,243
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
2022-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Gross
Formed
1971
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
25

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/OtherRevenueMiscGrp/TotalRevenueColumnAmt2460
IRS990/OtherRevenueTotalAmt04658
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt037570
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0120901
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0647533
IRS990/OtherSalariesAndWagesGrp/TotalAmt0806004
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03021
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09724
IRS990/PayrollTaxesGrp/ProgramServicesAmt052081
IRS990/PayrollTaxesGrp/TotalAmt064826
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt034808
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02030
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024295
IRS990/PrincipalOfficerNm0JEFF GROSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01447532
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt021786
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-1433
IRS990/PYOtherExpensesAmt0396991
IRS990/PYOtherRevenueAmt028029
IRS990/PYProgramServiceRevenueAmt01346129
IRS990/PYRevenuesLessExpensesAmt0165502
IRS990/PYSalariesCompEmpBnftPaidAmt0832018
IRS990/PYTotalExpensesAmt01229009
IRS990/PYTotalRevenueAmt01394511
IRS990/ReconcilationRevenueExpnssAmt0326671
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01447531
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041958
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060424
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0551206
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0423395
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0974601
IRS990ScheduleD/EquipmentGrp/BookValueAmt05644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0258415
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0264059
IRS990ScheduleD/ExpensesSubtotalAmt01330243
IRS990ScheduleD/LandGrp/BookValueAmt0381107
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0381107
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0145347
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0177538
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0322885
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05783
IRS990ScheduleD/RevenueNotReportedAmt05783
IRS990ScheduleD/RevenueSubtotalAmt01656914
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01083304
IRS990ScheduleD/TotalExpensesPerForm990Amt01330243
IRS990ScheduleD/TotalRevenuePerForm990Amt01656914
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01662697
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01330243
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 ORIGIN 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/TotalAssetsBOYAmt01473324
IRS990/TotalAssetsEOYAmt01655182
IRS990/TotalAssetsGrp/BOYAmt01473324
IRS990/TotalAssetsGrp/EOYAmt01655182
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0204178
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt050642
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0245338
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01034263
IRS990/TotalFunctionalExpensesGrp/TotalAmt01330243
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0470644
IRS990/TotalLiabilitiesEOYAmt0320048
IRS990/TotalLiabilitiesGrp/BOYAmt0470644
IRS990/TotalLiabilitiesGrp/EOYAmt0320048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01002680
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01335134
IRS990/TotalProgramServiceExpensesAmt01034263
IRS990/TotalProgramServiceRevenueAmt01447532
IRS990/TotalReportableCompFromOrgAmt070013
IRS990/TotalRevenueGrp/ExclusionAmt0546
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01452190
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01656914
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01473324
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01655182
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0158486
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08563 FAY RD
IRS990/USAddress/CityNm0CORDOVA
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038018
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0LAMPLIGHTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASTRID FRENCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum09017512000
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAMPLIGHTER MONTESSORI SCHOOL INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2021Detailed filing. Detailed filing data is available for this year.$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