Civic Intelligence

Khalsa Montessori Elementary Schools

990 • Fiscal year 2018 • EIN 86-0824311

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 14, 2018

Organization ProfileWWW.KHALSAMONTESSORI.ORG
2536 North 3rd StreetPhoenix, AZ 85004

(602) 252-3759

Siviq Scores

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

Liabilities / Assets

89th percentile

0.82x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

2.03x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$59,171

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

94th percentile

77%

Faster asset growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$3,268,656

Up $1,419,036 (+77%) from 2017

Net Assets

Up

$596,983

Up $152,193 (+34%) from 2017

Liabilities

Up

$2,671,673

Up $1,266,843 (+90%) from 2017

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin68th percentile

Revenue

Up

$1,313,391

Up $166,448 (+15%) from 2017

Expenses

Up

$1,161,198

Up $165,825 (+17%) from 2017

Net Income

Up

$152,193

Up $623 (+0.4%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,880,381Liabilities 2011: $1,780,172Net Assets 2011: $100,2092011Assets 2012: $1,891,420Liabilities 2012: $1,740,891Net Assets 2012: $150,5292012Assets 2013: $1,902,006Liabilities 2013: $1,714,755Net Assets 2013: $187,2512013Assets 2014: $1,774,195Liabilities 2014: $1,557,948Net Assets 2014: $216,2472014Assets 2015: $1,739,125Liabilities 2015: $1,494,498Net Assets 2015: $244,6272015Assets 2016: $1,744,639Liabilities 2016: $1,451,419Net Assets 2016: $293,2202016Assets 2017: $1,849,620Liabilities 2017: $1,404,830Net Assets 2017: $444,7902017Assets 2018: $3,268,656Liabilities 2018: $2,671,673Net Assets 2018: $596,9832018Assets 2019: $3,811,994Liabilities 2019: $2,976,570Net Assets 2019: $835,4242019Assets 2020: $4,221,707Liabilities 2020: $3,095,657Net Assets 2020: $1,126,0502020Assets 2021: $4,177,732Liabilities 2021: $2,933,512Net Assets 2021: $1,244,2202021Assets 2022: $4,068,601Liabilities 2022: $2,715,545Net Assets 2022: $1,353,0562022Assets 2023: $2,490,258Liabilities 2023: $1,102,123Net Assets 2023: $1,388,1352023Assets 2024: $2,475,537Liabilities 2024: $1,017,312Net Assets 2024: $1,458,2252024Assets 2025: $2,394,874Liabilities 2025: $940,394Net Assets 2025: $1,454,4802025

Highlighted filing

2018

Assets$3,268,656
Liabilities$2,671,673
Net Assets$596,983
Open 2018 Filing

Operations Trend

Revenue Growth69th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,181,0992011Expenses 2012: $1,171,2892012Expenses 2013: $1,145,6252013Revenue 2014: $1,126,082Expenses 2014: $1,097,086Net Income 2014: $28,9962014Revenue 2015: $1,064,221Expenses 2015: $1,035,841Net Income 2015: $28,3802015Revenue 2016: $1,042,055Expenses 2016: $993,462Net Income 2016: $48,5932016Revenue 2017: $1,146,943Expenses 2017: $995,373Net Income 2017: $151,5702017Revenue 2018: $1,313,391Expenses 2018: $1,161,198Net Income 2018: $152,1932018Revenue 2019: $1,540,613Expenses 2019: $1,302,172Net Income 2019: $238,4412019Revenue 2020: $1,707,596Expenses 2020: $1,416,970Net Income 2020: $290,6262020Revenue 2021: $1,709,459Expenses 2021: $1,591,289Net Income 2021: $118,1702021Revenue 2022: $1,780,985Expenses 2022: $1,672,149Net Income 2022: $108,8362022Revenue 2023: $1,534,275Expenses 2023: $1,499,196Net Income 2023: $35,0792023Revenue 2024: $1,559,200Expenses 2024: $1,489,110Net Income 2024: $70,0902024Revenue 2025: $1,595,482Expenses 2025: $1,599,227Net Income 2025: -$3,7452025

Highlighted filing

2018

Revenue$1,313,391
Expenses$1,161,198
Net Income$152,193
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$1,313,391
Mission and Program Overview

Mission

Khalsa integrates a challenging montessori education and a caring, responsible community to provide for the academic, social, physical and emotional growth of students in central phoenix.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,268,838$2,685,140▲ $1,416,302
Cash and Non-Interest-Bearing Accounts$255,558$312,439▲ $56,881
Savings and Temporary Cash Investments$321,947$255,816▼ $66,131
Accounts Receivable$3,277$15,261▲ $11,984
Total Assets$1,849,620$3,268,656▲ $1,419,036
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,372,973$2,588,049▲ $1,215,076
Accounts Payable and Accrued Expenses$6,797$41,854▲ $35,057
Deferred Revenue$25,060$41,770▲ $16,710
Total Liabilities$1,404,830$2,671,673▲ $1,266,843
Net Assets / Fund Balance
Unrestricted Net Assets$444,790$555,421▲ $110,631
Temporarily Rstr Net Assets-$41,562-
Total Net Assets Fund Balance$444,790$596,983▲ $152,193
Total Liabilities and Net Assets / Fund Balance$1,849,620$3,268,656▲ $1,419,036

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,432,438$1,457,295$2,889,733
Land$1,215,659-$1,215,659
Other Land Buildings$33,911$110,879$144,790
Equipment$3,132$45,785$48,917
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keerat GiordanoPresident/school DirectorFT$50,548$8,623$59,171
Karen PaxtonSecretary--$52,567$52,567
Lindsay CaglioMemberFT$31,582$2,792$34,374
Simone KjolsrudTreasurer/business DirectorPT$22,183$9,541$31,724

Board Members and Trustees

NameTitle
Tom CaglioVice President
Bryan MurphyMember
Liz BernreuterMember
Sara ParkMember
Satwant KhalsaMember
Revenue and Support

Revenue Composition

Contributions and Grants
$132,438
Program Service Revenue
$1,065,036
Investment Income
$258
Other Revenue
$115,659
All Other Contributions
$132,438
Change in Net Assets
$152,193

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,275,134
Revenue Not Reported on Financial Statements
$38,257
Other Revenue Adjustments
$38,257
Total Revenue per Audited Statements
$1,275,134
Total Revenue per Form 990
$1,313,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$582,198
Salaries, Compensation, and Employee Benefits$579,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$380,711$25,395$0$406,106
Occupancy$155,714$27,479$0$183,193
Fees for Services Other$171,578$0$0$171,578
Current Officers, Directors, Trustees, and Key Employees$95,076$22,856$0$117,932
Depreciation Depletion$74,873$13,213$0$88,086
Office Expenses$54,996$9,794$0$64,790
Payroll Taxes$34,285$3,402$0$37,687
Fees for Services Accounting$0$26,800$0$26,800
Other Expenses$15,608$0$0$15,608
Other Employee Benefits$13,698$15$0$13,713
Information Technology$5,054$892$0$5,946
Travel$3,499$200$0$3,699
Pension Plan Contributions$3,427$135$0$3,562
Insurance$2,471$0$0$2,471
Fees for Services Legal$1,405$400$0$1,805
Advertising$1,374$0$0$1,374
Total Functional Expenses$1,030,617$130,581$0$1,161,198

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,161,198
Total Expenses per Audited Statements$1,161,198
Total Expenses per Form 990$1,161,198
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
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
Filing and Contact Details

Filer

Filer Name
Khalsa Montessori Elementary Schools
EIN
86-0824311
Phone
6022523759
Address
2536 NORTH 3RD STREET, PHOENIX, AZ 85004

Signing Officer

Name
Keerat Giordano
Title
President/school Director
Phone
6022523759
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keerat Giordano
Formed
1996
Legal Domicile
Az
Voting Board Members
8
Independent Board Members
4
Employees
35
Volunteers
78

Preparer

Firm
John C Todd II PC
Address
21630 N 19th Ave Ste B5, Phoenix, AZ 85027
Preparer
John C Todd Ii
Phone
6235818117
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The board reviews and approves the form 990 prior to filing.”

Pt VI, Line 12C

“The school's board members are subject to the coi policy.”

Pt VI, Line 12C

“The board members review the policy annually and new board.”

Pt VI, Line 12C

“Members are advised on the policy upon entering the duties.”

Pt VI, Line 12C

“Of their office. Any board member having coi or possible coi.”

Pt VI, Line 12C

“Should not vote or use his/her personal influence on the matter.”

Pt VI, Line 19

“AVAILABLE UPON REQUEST.”

Pt VI, Line 2

“Satwant khalsa and simone kjolsrud have a family relationship. Tom caglio and lindsay caglio have a family relationship.”

Financial Statement Notes

Pt XI, Line 4B

“Increase in temporarily restricted net assets”

Raw XML AppendixShowing 400 of 479 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06797
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt041854
IRS990/AccountsReceivableGrp/BOYAmt03277
IRS990/AccountsReceivableGrp/EOYAmt015261
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KHALSA INTEGRATES A CHALLENGING MONTESSORI EDUCATION AND A CARING, RESPONSIBLE COMMUNITY TO PROVIDE FOR THE ACADEMIC, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH OF STUDENTS IN CENTRAL PHOENIX.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt01374
IRS990/AdvertisingGrp/TotalAmt01374
IRS990/AllOtherContributionsAmt0132438
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KEERAT GIORDANO
IRS990/BooksInCareOfDetail/PhoneNum06022523759
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02536 NORTH 3RD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHOENIX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085004
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0255558
IRS990/CashNonInterestBearingGrp/EOYAmt0312439
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt022856
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt095076
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0117932
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0132438
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0258
IRS990/CYOtherExpensesAmt0582198
IRS990/CYOtherRevenueAmt0115659
IRS990/CYProgramServiceRevenueAmt01065036
IRS990/CYRevenuesLessExpensesAmt0152193
IRS990/CYSalariesCompEmpBnftPaidAmt0579000
IRS990/CYTotalExpensesAmt01161198
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01313391
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt025060
IRS990/DeferredRevenueGrp/EOYAmt041770
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt013213
IRS990/DepreciationDepletionGrp/ProgramServicesAmt074873
IRS990/DepreciationDepletionGrp/TotalAmt088086
IRS990/Desc0KHALSA MONTESSORI ELEMENTARY SCHOOL INTEGRATES A CHALLENGING MONTESSORI EDUCATION AND A CARING, RESPONSIBLE COMMUNITY TO PROVIDE FOR STUDENTS' ACADEMIC, SOCIAL, PHYSICAL AND CREATIVE GROWTH. WE OFFER CHILDREN THE OPPORTUNITY TO REACH THEIR HIGHEST POTENTIAL IN HOLISTIC SELF-PACED CLASROOMS THAT ENCOURAGE ACADEMIC EXCELLENCE, CREATIVITY, MIND/BODY DISCIPLINE, AND SOCIAL RESPONSIBILITY. EXPECTATIONS OF INDEPENDENCE, RESPONSIBILITY FOR ONES SELF AND OTHERS, AND COGNITIVE TOOLS BUILD MASTERY AND HABITS OF MIND THAT SUPPORT A LIFETIME OF SUCCESS. KHALSA MONTESSORI WAS RECENTLY RECOGNIZED AT THE OPENING SESSION OF THE 51ST LEGISLATURE OF THE ARIZONA HOUSE OF REPRESENTATIVES. FOR THE 2012-13 SCHOOL YEAR, THE SCHOOL RECEIVED AN "A" GRADE, THE HIGHEST RANKING GIVEN, BY THE ARIZONA DEPARTMENT OF EDUCATION. IN SUCCESS MEASURED, FOUR FOUNDATIONAL ELEMENTS OF STUDENT-LEVEL GROWTH, A RESEARCH STUDY SPONSORED BY THE ARIZONA CHARTER SCHOOL ASSOCIATION, KHALSA MONTESSORI WAS FOUND TO BE ONE OF THE TOP THREE CHARTER SCHOOLS IN ARIZONA IN PROMOTING STUDENT ACADEMIC GROWTH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01030617
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt026800
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt026800
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0400
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01405
IRS990/FeesForServicesLegalGrp/TotalAmt01805
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0171578
IRS990/FeesForServicesOtherGrp/TotalAmt0171578
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt03719
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15951
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt32663
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt72792
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0KEERAT GIORDANO
IRS990/Form990PartVIISectionAGrp/PersonNm1SIMONE KJOLSRUD
IRS990/Form990PartVIISectionAGrp/PersonNm2TOM CAGLIO
IRS990/Form990PartVIISectionAGrp/PersonNm3KAREN PAXTON
IRS990/Form990PartVIISectionAGrp/PersonNm4SATWANT KHALSA
IRS990/Form990PartVIISectionAGrp/PersonNm5BRYAN MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm6SARA PARK
IRS990/Form990PartVIISectionAGrp/PersonNm7LINDSAY CAGLIO
IRS990/Form990PartVIISectionAGrp/PersonNm8LIZ BERNREUTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt050548
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt122183
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt731582
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt04904
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13590
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt349904
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER/BUSINESS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01313391
IRS990/GrossRentsGrp/RealAmt0103544
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0892
IRS990/InformationTechnologyGrp/ProgramServicesAmt05054
IRS990/InformationTechnologyGrp/TotalAmt05946
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt02471
IRS990/InsuranceGrp/TotalAmt02471
IRS990/InvestmentIncomeGrp/ExclusionAmt0258
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0258
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01613959
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01268838
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02685140
IRS990/LandBldgEquipCostOrOtherBssAmt04299099
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KHALSA INTEGRATES A CHALLENGING MONTESSORI
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01372973
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02588049
IRS990/NetAssetsOrFundBalancesBOYAmt0444790
IRS990/NetAssetsOrFundBalancesEOYAmt0596983
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0103544
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0103544
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt027479
IRS990/OccupancyGrp/ProgramServicesAmt0155714
IRS990/OccupancyGrp/TotalAmt0183193
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09794
IRS990/OfficeExpensesGrp/ProgramServicesAmt054996
IRS990/OfficeExpensesGrp/TotalAmt064790
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013698
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013713
IRS990/OtherExpensesGrp/Desc0FIELD TRIPS
IRS990/OtherExpensesGrp/Desc1TEACHER EDUCATION
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt016848
IRS990/OtherExpensesGrp/ProgramServicesAmt115608
IRS990/OtherExpensesGrp/TotalAmt016848
IRS990/OtherExpensesGrp/TotalAmt115608
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0AUXILIARY OPERATIONS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012115
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012115
IRS990/OtherRevenueTotalAmt012115
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025395
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0380711
IRS990/OtherSalariesAndWagesGrp/TotalAmt0406106
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03402
IRS990/PayrollTaxesGrp/ProgramServicesAmt034285
IRS990/PayrollTaxesGrp/TotalAmt037687
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0135
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03427
IRS990/PensionPlanContributionsGrp/TotalAmt03562
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KEERAT GIORDANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENTAL
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01065036
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt092072
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0238
IRS990/PYOtherExpensesAmt0470043
IRS990/PYOtherRevenueAmt083090
IRS990/PYProgramServiceRevenueAmt0971543
IRS990/PYRevenuesLessExpensesAmt0151570
IRS990/PYSalariesCompEmpBnftPaidAmt0525330
IRS990/PYTotalExpensesAmt0995373
IRS990/PYTotalRevenueAmt01146943
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0152193
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0103544
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01065036
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0321947
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0255816
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01432438
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01457295
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02889733
IRS990ScheduleD/EquipmentGrp/BookValueAmt03132
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045785
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048917
IRS990ScheduleD/ExpensesSubtotalAmt01161198
IRS990ScheduleD/LandGrp/BookValueAmt01215659
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01215659
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033911
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0110879
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0144790
IRS990ScheduleD/OtherRevenuesNotIncludedAmt038257
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt038257
IRS990ScheduleD/RevenueSubtotalAmt01275134
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCREASE IN TEMPORARILY RESTRICTED NET ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02685140
IRS990ScheduleD/TotalExpensesPerForm990Amt01161198
IRS990ScheduleD/TotalRevenuePerForm990Amt01313391
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01275134
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01161198
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE CHARTER CONTRACT, WHICH IS A PUBLIC DOCUMENT. RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE CHARTER CONTRACT, WHICH IS A PUBLIC DOCUMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECIEVES FINANCIAL SUPPORT FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND THE ARIZONA DEPARTMENT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL'S BOARD MEMBERS ARE SUBJECT TO THE COI POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS REVIEW THE POLICY ANNUALLY AND NEW BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS ARE ADVISED ON THE POLICY UPON ENTERING THE DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OF THEIR OFFICE. ANY BOARD MEMBER HAVING COI OR POSSIBLE COI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SHOULD NOT VOTE OR USE HIS/HER PERSONAL INFLUENCE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SATWANT KHALSA AND SIMONE KJOLSRUD HAVE A FAMILY RELATIONSHIP. TOM CAGLIO AND LINDSAY CAGLIO HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 2
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KHALSA MONTESSORI PRIMARY SCHOOL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0263979616
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATON OF 3 TO 6 YEAR OLD STUDENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0346 EAST CORONADO ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHOENIX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd085004
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt041562
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01849620

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,268,656
Liabilities
$2,671,673
Net assets
$596,983
Revenue
$1,313,391
Expenses
$1,161,198
Net income
$152,193
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.39$0.94$1.45$1.60$1.60$0.00
2024Detailed filing. Detailed filing data is available for this year.$2.48$1.02$1.46$1.56$1.49$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.49$1.10$1.39$1.53$1.50$0.04
2022Detailed filing. Detailed filing data is available for this year.$4.07$2.72$1.35$1.78$1.67$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.18$2.93$1.24$1.71$1.59$0.12
2020Detailed filing. Detailed filing data is available for this year.$4.22$3.10$1.13$1.71$1.42$0.29
2019Detailed filing. Detailed filing data is available for this year.$3.81$2.98$0.84$1.54$1.30$0.24
2018Detailed filing. Detailed filing data is available for this year.$3.27$2.67$0.60$1.31$1.16$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.85$1.40$0.44$1.15$1.00$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.74$1.45$0.29$1.04$0.99$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.74$1.49$0.24$1.06$1.04$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.77$1.56$0.22$1.13$1.10$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$1.71$0.19$1.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$1.74$0.15$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$1.78$0.10$1.18