Civic Intelligence

Discovery Woods

990 • Fiscal year 2016 • EIN 80-0245524

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 02, 2017

Organization ProfileWWW.DISCOVERYWOODS.COM
604 North 7th StreetBrainerd, MN 56401

(218) 828-8200

Siviq Scores

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

Liabilities / Assets

96th percentile

1.45x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.68x

Higher debt load relative to revenue than 81% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

26th percentile

-7.0%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$42,074

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

37th percentile

-1.6%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

3.2%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$598,894

Down $9,444 (-1.6%) from 2015

Net Assets

Down

-$267,302

Down $89,357 (-50%) from 2015

Liabilities

Up

$866,196

Up $79,913 (+10%) from 2015

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin26th percentile

Revenue

Up

$1,268,264

Up $39,080 (+3.2%) from 2015

Expenses

Down

$1,357,622

Down $44,414 (-3.2%) from 2015

Net Income

Up

-$89,358

Up $83,494 (+48%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $367,463Liabilities 2012: $101,485Net Assets 2012: $265,9782012Assets 2013: $502,367Liabilities 2013: $59,755Net Assets 2013: $442,6122013Assets 2014: $617,468Liabilities 2014: $52,709Net Assets 2014: $564,7592014Assets 2015: $608,338Liabilities 2015: $786,283Net Assets 2015: -$177,9452015Assets 2016: $598,894Liabilities 2016: $866,196Net Assets 2016: -$267,3022016Assets 2017: $1,748,288Liabilities 2017: $2,270,452Net Assets 2017: -$522,1642017Assets 2018: $1,466,389Liabilities 2018: $2,125,509Net Assets 2018: -$659,1202018Assets 2019: $1,503,848Liabilities 2019: $1,738,578Net Assets 2019: -$234,7302019Assets 2020: $1,463,491Liabilities 2020: $1,579,864Net Assets 2020: -$116,3732020Assets 2021: $1,407,227Liabilities 2021: $1,530,308Net Assets 2021: -$123,0812021Assets 2022: $2,205,715Liabilities 2022: $2,010,736Net Assets 2022: $194,9792022Assets 2023: $2,230,789Liabilities 2023: $1,803,050Net Assets 2023: $427,7392023

Highlighted filing

2016

Assets$598,894
Liabilities$866,196
Net Assets-$267,302
Open 2016 Filing

Operations Trend

Revenue Growth51st percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $1,057,022Expenses 2012: $811,595Net Income 2012: $245,4272012Expenses 2013: $1,038,5212013Revenue 2014: $1,260,430Expenses 2014: $1,138,283Net Income 2014: $122,1472014Revenue 2015: $1,229,184Expenses 2015: $1,402,036Net Income 2015: -$172,8522015Revenue 2016: $1,268,264Expenses 2016: $1,357,622Net Income 2016: -$89,3582016Revenue 2017: $1,200,221Expenses 2017: $1,455,083Net Income 2017: -$254,8622017Revenue 2018: $1,304,063Expenses 2018: $1,441,019Net Income 2018: -$136,9562018Revenue 2019: $1,536,831Expenses 2019: $1,112,441Net Income 2019: $424,3902019Revenue 2020: $1,563,401Expenses 2020: $1,445,044Net Income 2020: $118,3572020Revenue 2021: $1,428,375Expenses 2021: $1,435,083Net Income 2021: -$6,7082021Revenue 2022: $1,698,072Expenses 2022: $1,380,012Net Income 2022: $318,0602022Revenue 2023: $1,702,650Expenses 2023: $1,469,890Net Income 2023: $232,7602023

Highlighted filing

2016

Revenue$1,268,264
Expenses$1,357,622
Net Income-$89,358
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 2, 2017
Return Version
2015v3.0
Gross Receipts
$1,282,968
Mission and Program Overview

Mission

To provide brainerd lakes area families a choice for high quality elementary education centered around the individual needs of the child with a focus on the environment.

To provide brainerd lakes area families a choice for high quality elementary education based on montessori philosophy with an environmental focus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$84,066$153,244▲ $69,178
Cash and Non-Interest-Bearing Accounts$211,836$94,005▼ $117,831
Land, Buildings, and Equipment, Net$108,988$88,539▼ $20,449
Cap Stk Tr Prin Current Funds$45,897$88,539▲ $42,642
Prepaid Expenses and Deferred Charges$58,633$53,885▼ $4,748
Accounts Receivable$22,679$14,732▼ $7,947
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-223,842$-355,841▼ $131,999
Total Assets$608,338$598,894▼ $9,444
Other Assets Total$122,136$194,489▲ $72,353
Liabilities
Other Liabilities$680,983$776,372▲ $95,389
Accounts Payable and Accrued Expenses$105,300$89,807▼ $15,493
Grants Payable-$17-
Total Liabilities$786,283$866,196▲ $79,913
Net Assets / Fund Balance
Total Net Assets Fund Balance$-177,945$-267,302▼ $89,357
Total Liabilities and Net Assets / Fund Balance$608,338$598,894▼ $9,444

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$55,540$36,778$92,318
Leasehold Improvements$32,999$3,480$36,479
Other Assets Org$194,489--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret LittsExecutive DirectorFT$39,040$3,034$42,074
Melissa LundeenSecretaryFT$34,328$2,559$36,887
Crystal MagnanMemberFT$31,186$2,304$33,490
Heidi AuelMember-$1,481$103$1,584

Board Members and Trustees

NameTitle
Chad TurcotteChair
Evan MoserVice Chair
Lynda EversonMember
Thomas PotterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,178,010
Program Service Revenue
$104,958
Investment Income
$-14,704
Other Revenue
$0
All Other Contributions
$11,232
Change in Net Assets
$-89,358

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,282,968
Revenue Not Reported on Financial Statements
$-14,703
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-14,703
Total Revenue per Audited Statements
$1,282,968
Total Revenue per Form 990
$1,268,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$848,747
Other Expenses$508,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$464,004$114,372-$578,376
Occupancy$225,595--$225,595
Current Officers, Directors, Trustees, and Key Employees$134,587--$134,587
Fees for Services Other$53,188$54,993-$108,181
Pension Plan Contributions$55,662$13,353-$69,015
Payroll Taxes$58,246$8,523-$66,769
Information Technology$4,939$13,360-$18,299
Depreciation Depletion$10,109$1,941-$12,050
Other Expenses$785$10,919-$11,704
Insurance$9,920--$9,920
Travel$5,796$525-$6,321
Office Expenses-$828-$828
Total Functional Expenses$1,137,087$220,535$0$1,357,622

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,372,325
Expenses per Audited Statements$1,357,622
Total Expenses per Form 990$1,357,622
Expenses Not Reported on Form 990$14,703
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability$695,829
Deferred Inflows of Resources - Pensions$80,543
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section A, Line 6

“Any person who is listed as a parent or guardian of a child(ren) on the admission forms shall be a member of the corporation concurrently with the enrollment of his or her child(ren) in the school under its current admission policies. School faculty and staff shall be members of the corporation. Members of the board of directors and parent council shall also be members of the corporation.”

Form 990, Part VI, Section A, Line 7A

“All members entitled to vote at an annual meeting shall sign a registration book prior to casting their ballot. Each member shall be entitled to cast one vote upon each matter submitted to a vote at a meeting of membership. Members may vote by written ballot, pursuant to a procedure to be developed by the board of director”

Form 990, Part VI, Section B, Line 11

“The governing body is provided a copy of the 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members complete and submit conflict of interest disclosures annually. Board members are reminded periodically of conflict of interest obligations, including the requirement to recuse from discussion and vote on any item that would fall into the conflict of interest category. If there would be school board deliberations/decisions involving a person with a conflict o interest, the member(s) would document the conflict of interest and excuse themselves from discussion and voting on these matters. All proceedings related to conflicts of interest are documented in the meeting minutes.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, policies and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Discovery Woods Montessori
EIN
80-0245524
Phone
2188288200
Address
604 NORTH 7TH STREET, BRAINERD, MN 56401

Signing Officer

Name
Margaret Litts
Title
Executive Director
Phone
2188288200
Signed
2017-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Litts
Formed
2008
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
4
Employees
42
Volunteers
15

Preparer

Firm
SCHLENNER WENNER & CO CPA'S PA
Address
PO BOX 1496, ST CLOUD, MN 56302-1496
Preparer
Shelley Gaetz
Phone
3202510286
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Loss on disposal of assets -14,703.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on disposal of assets 14,703.”

Raw XML AppendixShowing 400 of 420 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0105300
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt089807
IRS990/AccountsReceivableGrp/BOYAmt022679
IRS990/AccountsReceivableGrp/EOYAmt014732
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE BRAINERD LAKES AREA FAMILIES A CHOICE FOR HIGH QUALITY ELEMENTARY EDUCATION BASED ON MONTESSORI PHILOSOPHY WITH AN ENVIRONMENTAL FOCUS.
IRS990/AllOtherContributionsAmt011232
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BELTZ KES DARLING AND ASSOCIATES
IRS990/BooksInCareOfDetail/PhoneNum06514632233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022488 CHIPPENDALE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055024
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt045897
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt088539
IRS990/CashNonInterestBearingGrp/BOYAmt0211836
IRS990/CashNonInterestBearingGrp/EOYAmt094005
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0134587
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0134587
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01178010
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-14704
IRS990/CYOtherExpensesAmt0508875
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0104958
IRS990/CYRevenuesLessExpensesAmt0-89358
IRS990/CYSalariesCompEmpBnftPaidAmt0848747
IRS990/CYTotalExpensesAmt01357622
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01268264
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01941
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010109
IRS990/DepreciationDepletionGrp/TotalAmt012050
IRS990/Desc0PROVIDED A MONTESSORI CONCEPT PUBLIC ELEMENTARY SCHOOL FOR STUDENTS IN THE BRAINERD, MN AREA. THE SCHOOL TAUGHT 92 STUDENTS THIS YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01137087
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt054993
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt053188
IRS990/FeesForServicesOtherGrp/TotalAmt0108181
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt32559
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4103
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt62304
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt73034
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAD TURCOTTE
IRS990/Form990PartVIISectionAGrp/PersonNm1EVAN MOSER
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm3MELISSA LUNDEEN
IRS990/Form990PartVIISectionAGrp/PersonNm4HEIDI AUEL
IRS990/Form990PartVIISectionAGrp/PersonNm5LYNDA EVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6CRYSTAL MAGNAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MARGARET LITTS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt334328
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41481
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt631186
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt739040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-14704
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01166778
IRS990/GrantsPayableGrp/EOYAmt017
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01282968
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013360
IRS990/InformationTechnologyGrp/ProgramServicesAmt04939
IRS990/InformationTechnologyGrp/TotalAmt018299
IRS990/InsuranceGrp/ProgramServicesAmt09920
IRS990/InsuranceGrp/TotalAmt09920
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040258
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0108988
IRS990/LandBldgEquipBasisNetGrp/EOYAmt088539
IRS990/LandBldgEquipCostOrOtherBssAmt0128797
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt014704
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE BRAINERD LAKES AREA FAMILIES A CHOICE FOR HIGH QUALITY ELEMENTARY EDUCATION BASED ON MONTESSORI PHILOSOPHY WITH AN ENVIRONMENTAL FOCUS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-177945
IRS990/NetAssetsOrFundBalancesEOYAmt0-267302
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-14704
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-14704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0225595
IRS990/OccupancyGrp/TotalAmt0225595
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0828
IRS990/OfficeExpensesGrp/TotalAmt0828
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0122136
IRS990/OtherAssetsTotalGrp/EOYAmt0194489
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOOD AND BEVERAGES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL/OTHER SUP
IRS990/OtherExpensesGrp/Desc2CAPITAL OUTLAY
IRS990/OtherExpensesGrp/Desc3DUES/MEMBERSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01721
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110919
IRS990/OtherExpensesGrp/ProgramServicesAmt068809
IRS990/OtherExpensesGrp/ProgramServicesAmt129902
IRS990/OtherExpensesGrp/ProgramServicesAmt215545
IRS990/OtherExpensesGrp/ProgramServicesAmt3785
IRS990/OtherExpensesGrp/TotalAmt068809
IRS990/OtherExpensesGrp/TotalAmt129902
IRS990/OtherExpensesGrp/TotalAmt217266
IRS990/OtherExpensesGrp/TotalAmt311704
IRS990/OtherLiabilitiesGrp/BOYAmt0680983
IRS990/OtherLiabilitiesGrp/EOYAmt0776372
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0114372
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0464004
IRS990/OtherSalariesAndWagesGrp/TotalAmt0578376
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08523
IRS990/PayrollTaxesGrp/ProgramServicesAmt058246
IRS990/PayrollTaxesGrp/TotalAmt066769
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-223842
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-355841
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013353
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt055662
IRS990/PensionPlanContributionsGrp/TotalAmt069015
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt084066
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0153244
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053885
IRS990/PrincipalOfficerNm0MARGARET LITTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt098357
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16601
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01126586
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0548827
IRS990/PYOtherRevenueAmt06449
IRS990/PYProgramServiceRevenueAmt096149
IRS990/PYRevenuesLessExpensesAmt0-172852
IRS990/PYSalariesCompEmpBnftPaidAmt0853209
IRS990/PYTotalExpensesAmt01402036
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01229184
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-89358
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0104958
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt055540
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036778
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt092318
IRS990ScheduleD/ExpensesNotReportedAmt014703
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01357622
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032999
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03480
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt036479
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0194489
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES - PENSIONS
IRS990ScheduleD/OtherExpensesIncludedAmt014703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0695829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt180543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES - PENSIONS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-14703
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-14703
IRS990ScheduleD/RevenueSubtotalAmt01282968
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON DISPOSAL OF ASSETS -14,703.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF ASSETS 14,703.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt088539
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0194489
IRS990ScheduleD/TotalExpensesPerForm990Amt01357622
IRS990ScheduleD/TotalLiabilityAmt0776372
IRS990ScheduleD/TotalRevenuePerForm990Amt01268265
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01282968
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01372325
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FINANCIAL AID FROM MINNESOTA AND THE FEDERAL GOVERNMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANY PERSON WHO IS LISTED AS A PARENT OR GUARDIAN OF A CHILD(REN) ON THE ADMISSION FORMS SHALL BE A MEMBER OF THE CORPORATION CONCURRENTLY WITH THE ENROLLMENT OF HIS OR HER CHILD(REN) IN THE SCHOOL UNDER ITS CURRENT ADMISSION POLICIES. SCHOOL FACULTY AND STAFF SHALL BE MEMBERS OF THE CORPORATION. MEMBERS OF THE BOARD OF DIRECTORS AND PARENT COUNCIL SHALL ALSO BE MEMBERS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS ENTITLED TO VOTE AT AN ANNUAL MEETING SHALL SIGN A REGISTRATION BOOK PRIOR TO CASTING THEIR BALLOT. EACH MEMBER SHALL BE ENTITLED TO CAST ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF MEMBERSHIP. MEMBERS MAY VOTE BY WRITTEN BALLOT, PURSUANT TO A PROCEDURE TO BE DEVELOPED BY THE BOARD OF DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY IS PROVIDED A COPY OF THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS COMPLETE AND SUBMIT CONFLICT OF INTEREST DISCLOSURES ANNUALLY. BOARD MEMBERS ARE REMINDED PERIODICALLY OF CONFLICT OF INTEREST OBLIGATIONS, INCLUDING THE REQUIREMENT TO RECUSE FROM DISCUSSION AND VOTE ON ANY ITEM THAT WOULD FALL INTO THE CONFLICT OF INTEREST CATEGORY. IF THERE WOULD BE SCHOOL BOARD DELIBERATIONS/DECISIONS INVOLVING A PERSON WITH A CONFLICT O INTEREST, THE MEMBER(S) WOULD DOCUMENT THE CONFLICT OF INTEREST AND EXCUSE THEMSELVES FROM DISCUSSION AND VOTING ON THESE MATTERS. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0608338
IRS990/TotalAssetsEOYAmt0598894
IRS990/TotalAssetsGrp/BOYAmt0608338
IRS990/TotalAssetsGrp/EOYAmt0598894
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01178010
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0220535
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01137087
IRS990/TotalFunctionalExpensesGrp/TotalAmt01357622
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0786283
IRS990/TotalLiabilitiesEOYAmt0866196
IRS990/TotalLiabilitiesGrp/BOYAmt0786283
IRS990/TotalLiabilitiesGrp/EOYAmt0866196
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-177945
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-267302
IRS990/TotalOtherCompensationAmt08000
IRS990/TotalProgramServiceExpensesAmt01137087
IRS990/TotalProgramServiceRevenueAmt0104958
IRS990/TotalReportableCompFromOrgAmt0106035
IRS990/TotalRevenueGrp/ExclusionAmt0-14704
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0104958
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01268264
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0608338
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0598894
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0525
IRS990/TravelGrp/ProgramServicesAmt05796
IRS990/TravelGrp/TotalAmt06321
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0604 NORTH 7TH STREET
IRS990/USAddress/CityNm0BRAINERD
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056401
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.DISCOVERYWOODS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET LITTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02188288200
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DISCOVERY WOODS MONTESSORI
ReturnHeader/Filer/BusinessNameControlTxt0DISC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$598,894
Liabilities
$866,196
Net assets
-$267,302
Revenue
$1,268,264
Expenses
$1,357,622
Net income
-$89,358
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.23$1.80$0.43$1.70$1.47$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$2.01$0.19$1.70$1.38$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$1.53$0.12$1.43$1.44$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$1.58$0.12$1.56$1.45$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$1.74$0.23$1.54$1.11$0.42
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$2.13$0.66$1.30$1.44$0.14
2017Summary only. Only limited summary data is available for this year.$1.75$2.27$0.52$1.20$1.46$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.87$0.27$1.27$1.36$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.79$0.18$1.23$1.40$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.05$0.56$1.26$1.14$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.06$0.44$1.04
2012Summary only. Only limited summary data is available for this year.$0.37$0.10$0.27$1.06$0.81$0.25