Civic Intelligence

Clover Montessori School

EIN 86-1704957 • 501(c)3 • Philadelphia, PA

Profile

A high fidelity montesorri micro-school serving children 2 years 9 months-6 years old

7134 Germantown AvenuePhiladelphia, PA 19119

www.clovermontessorischool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.30x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

-3.0%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

80th percentile

26%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

85th percentile

53%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$129,797

Down $3,903 (-2.9%) from 2023

Liabilities

Down

$135,622

Down $32,483 (-19%) from 2023

Net Assets

Up

-$5,825

Up $28,580 (+83%) from 2023

Revenue

Up

$455,930

Up $72,131 (+19%) from 2023

Expenses

Up

$469,386

Up $108,751 (+30%) from 2023

Net Income

Down

-$13,456

Down $36,620 (-158%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2021: $61,602Liabilities 2021: $30,9132021Assets 2022: $81,590Liabilities 2022: $121,022Net Assets 2022: -$39,4322022Assets 2023: $133,700Liabilities 2023: $168,105Net Assets 2023: -$34,4052023Assets 2024: $129,797Liabilities 2024: $135,622Net Assets 2024: -$5,8252024

Highlighted filing

2024

Assets$129,797
Liabilities$135,622
Net Assets-$5,825

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2021: $52,505Expenses 2021: $21,816Net Income 2021: $30,6892021Revenue 2022: $194,864Expenses 2022: $264,985Net Income 2022: -$70,1212022Revenue 2023: $383,799Expenses 2023: $360,635Net Income 2023: $23,1642023Revenue 2024: $455,930Expenses 2024: $469,386Net Income 2024: -$13,4562024

Highlighted filing

2024

Revenue$455,930
Expenses$469,386
Net Income-$13,456

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$455,930
Mission and Program Overview

Mission

A high fidelity montessori micro-school serving children 2 years 9 months-6 years old.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$97,723$105,350▲ $7,627
Land, Buildings, and Equipment, Net$15,019$15,965▲ $946
Accounts Receivable$13,969$1,493▼ $12,476
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$133,700$129,797▼ $3,903
Other Assets Total$6,989$6,989→ $0
Liabilities
Other Liabilities$100,000$80,000▼ $20,000
Deferred Revenue$59,390$46,025▼ $13,365
Accounts Payable and Accrued Expenses$8,715$9,597▲ $882
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$168,105$135,622▼ $32,483
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$0→ $0
Net Assets With Donor Restrictions$-34,405$-5,825▲ $28,580
Total Net Assets Fund Balance$-34,405$-5,825▲ $28,580
Total Liabilities and Net Assets / Fund Balance$133,700$129,797▼ $3,903

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,965-$15,965
Other Assets Org$6,989--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eileen FellSecretary, Founding Teacher LeFT$68,250$3,236$71,486
Jake CohenTreasurer, Founding Teacher LeFT$68,250$3,236$71,486

Board Members and Trustees

NameTitle
Kauthar RahmanBoard President
Fauzia BilqeesBoard Member
Marion GeigerBoard Member
Paul SeverinBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$24,544
Program Service Revenue
$409,341
Investment Income
$0
Other Revenue
$22,045
All Other Contributions
$5,413
Change in Net Assets
$-13,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$284,489
Other Expenses$184,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$100,065$42,885-$142,950
Payroll Taxes$62,421--$62,421
Office Expenses$41,370--$41,370
Other Salaries and Wages$41,054--$41,054
Occupancy$40,403--$40,403
Other Employee Benefits$38,064--$38,064
Fees for Services Other$21,302--$21,302
Insurance$8,660--$8,660
Other Expenses$8,641--$8,641
Interest$3,450--$3,450
Information Technology$3,283--$3,283
Fees for Services Accounting$2,010--$2,010
All Other Expenses$901--$901
Advertising$900--$900
Fees for Services Legal$534--$534
Total Functional Expenses$426,501$42,885$0$469,386
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Wildflower Loan$80,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 2:

Board member fauzia bilqees is the sister of another board member, kauthar rahman.

FORM 990, PART VI, SECTION A, LINE 6:

Hap has voting board members.

FORM 990, PART VI, SECTION A, LINE 7A:

The board members are voted on and approved by members of the organization at the annual meeting.

FORM 990, PART VI, SECTION B, LINE 11B:

The draft of the 990 is reviewed and discussed and then approved by the board members prior to filing.

FORM 990, PART VI, SECTION B, LINE 12C:

To ensure that clover operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable and are the result of arm's-length bargaining. B. Whether any grants are made to disqualified persons, or otherwise result in an excess benefit transaction. C. Whether arrangements with other organizations conform to clover's applicable written policies, are properly recorded, reflect reasonable payments for goods and services, if any, further clover's charitable purposes and do not result in inurement or impermissible private benefit.

FORM 990, PART VI, SECTION B, LINE 15A:

Compensation for the board president and treasurer, both of whom are also founding teacher leaders, is voted on by the board of directors with the compensated members recused from the vote.

FORM 990, PART VI, SECTION C, LINE 19:

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Clover Montessori School
EIN
86-1704957
In Care Of
% THE ORGANIZATION
Phone
2153269216
Address
7134 Germantown Avenue, Philadelphia, PA 19119

Signing Officer

Name
Jake Cohen
Title
Treasurer
Phone
2153269216
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jake Cohen
Formed
2021
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
4
Employees
5
Volunteers
4

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Richard Ruvelson
Phone
2155462140
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt062421
IRS990/PayrollTaxesGrp/TotalAmt062421
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JAKE COHEN
IRS990/PriorPeriodAdjustmentsAmt042036
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1624410
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1BEFORE/AFTER CARE - DROP INS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0404875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14466
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0404875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14466
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt058444
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0118129
IRS990/PYOtherRevenueAmt04195
IRS990/PYProgramServiceRevenueAmt0321160
IRS990/PYRevenuesLessExpensesAmt023164
IRS990/PYSalariesCompEmpBnftPaidAmt0242506
IRS990/PYTotalExpensesAmt0360635
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0383799
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13456
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0431386
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06989
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015965
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015965
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0WILDFLOWER LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015965
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06989
IRS990ScheduleD/TotalLiabilityAmt080000
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/ExplanationTxt0The policy is present on the organization's website.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school receives state subsidy income consisting of preschool tuition paid partially by the state for low income families. The office that makes the payment is the Early Learning Resource Center (ELRC), which is part of Pennsylvania's Department of Human Services.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Lack of Records
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Govt Assistance
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER FAUZIA BILQEES IS THE SISTER OF ANOTHER BOARD MEMBER, KAUTHAR RAHMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HAP HAS VOTING BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ARE VOTED ON AND APPROVED BY MEMBERS OF THE ORGANIZATION AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DRAFT OF THE 990 IS REVIEWED AND DISCUSSED AND THEN APPROVED BY THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ENSURE THAT CLOVER OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND ARE THE RESULT OF ARM'S-LENGTH BARGAINING. B. WHETHER ANY GRANTS ARE MADE TO DISQUALIFIED PERSONS, OR OTHERWISE RESULT IN AN EXCESS BENEFIT TRANSACTION. C. WHETHER ARRANGEMENTS WITH OTHER ORGANIZATIONS CONFORM TO CLOVER'S APPLICABLE WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, IF ANY, FURTHER CLOVER'S CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE BOARD PRESIDENT AND TREASURER, BOTH OF WHOM ARE ALSO FOUNDING TEACHER LEADERS, IS VOTED ON BY THE BOARD OF DIRECTORS WITH THE COMPENSATED MEMBERS RECUSED FROM THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19:
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0133700
IRS990/TotalAssetsEOYAmt0129797
IRS990/TotalAssetsGrp/BOYAmt0133700
IRS990/TotalAssetsGrp/EOYAmt0129797
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt024544
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042885
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0426501
IRS990/TotalFunctionalExpensesGrp/TotalAmt0469386

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