Civic Intelligence

The Learning Tree

990 • Fiscal year 2017 • EIN 91-1072804

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 10, 2018

1721 15th AveSeattle, WA 98122

(206) 324-4788

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$507,423

Up $68,780 (+16%) from 2016

Net Assets

Up

$506,972

Up $68,329 (+16%) from 2016

Liabilities

Up

$451

Up $451 from 2016

Revenue And Expenses

Revenue

Down

$918,879

Down $86,030 (-8.6%) from 2016

Expenses

Up

$857,136

Up $21,636 (+2.6%) from 2016

Net Income

Down

$61,743

Down $107,666 (-64%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $206,649Liabilities 2011: $0Net Assets 2011: $206,6492011Assets 2012: $162,386Liabilities 2012: $0Net Assets 2012: $162,3862012Assets 2013: $161,477Liabilities 2013: $0Net Assets 2013: $161,4772013Assets 2014: $200,406Liabilities 2014: $0Net Assets 2014: $200,4062014Assets 2015: $211,200Liabilities 2015: $0Net Assets 2015: $211,2002015Assets 2016: $438,643Liabilities 2016: $0Net Assets 2016: $438,6432016Assets 2017: $507,423Liabilities 2017: $451Net Assets 2017: $506,9722017Assets 2018: $581,232Liabilities 2018: $30,547Net Assets 2018: $550,6852018Assets 2019: $587,155Liabilities 2019: $5,204Net Assets 2019: $581,9512019Assets 2020: $593,685Liabilities 2020: $158,988Net Assets 2020: $434,6972020Assets 2021: $751,624Liabilities 2021: $150,121Net Assets 2021: $601,5032021Assets 2022: $853,331Liabilities 2022: $13,886Net Assets 2022: $839,4452022Assets 2023: $898,290Liabilities 2023: $33,596Net Assets 2023: $864,6942023Assets 2024: $2,639,324Liabilities 2024: $1,409,563Net Assets 2024: $1,229,7612024Assets 2025: $2,846,961Liabilities 2025: $1,404,745Net Assets 2025: $1,442,2162025

Highlighted filing

2017

Assets$507,423
Liabilities$451
Net Assets$506,972

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $795,8702011Expenses 2012: $859,8312012Expenses 2013: $855,8652013Revenue 2014: $902,180Expenses 2014: $863,251Net Income 2014: $38,9292014Revenue 2015: $908,751Expenses 2015: $897,957Net Income 2015: $10,7942015Revenue 2016: $1,004,909Expenses 2016: $835,500Net Income 2016: $169,4092016Revenue 2017: $918,879Expenses 2017: $857,136Net Income 2017: $61,7432017Revenue 2018: $976,406Expenses 2018: $931,537Net Income 2018: $44,8692018Revenue 2019: $968,350Expenses 2019: $939,193Net Income 2019: $29,1572019Revenue 2020: $799,875Expenses 2020: $943,424Net Income 2020: -$143,5492020Revenue 2021: $843,394Expenses 2021: $710,404Net Income 2021: $132,9902021Revenue 2022: $1,263,111Expenses 2022: $984,813Net Income 2022: $278,2982022Revenue 2023: $1,160,114Expenses 2023: $1,139,547Net Income 2023: $20,5672023Revenue 2024: $1,538,519Expenses 2024: $1,214,369Net Income 2024: $324,1502024Revenue 2025: $1,537,643Expenses 2025: $1,339,906Net Income 2025: $197,7372025

Highlighted filing

2017

Revenue$918,879
Expenses$857,136
Net Income$61,743
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 10, 2018
Return Version
2016v3.1
Gross Receipts
$941,306
Mission and Program Overview

Mission

Operating a full time day monisouri school for children.

Operating a full-time montessori day school for children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$438,643$506,972▲ $68,329
Cash and Non-Interest-Bearing Accounts$246,902$287,427▲ $40,525
Investments in Publicly Traded Securities$164,093$176,198▲ $12,105
Savings and Temporary Cash Investments$11,675$30,096▲ $18,421
Land, Buildings, and Equipment, Net$15,973$13,702▼ $2,271
Total Assets$438,643$507,423▲ $68,780
Liabilities
Other Liabilities-$451-
Total Liabilities$0$451▲ $451
Net Assets / Fund Balance
Total Net Assets Fund Balance$438,643$506,972▲ $68,329
Total Liabilities and Net Assets / Fund Balance$438,643$507,423▲ $68,780

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,658$35,782$44,440
Other Land Buildings$2,726$38,550$41,276
Equipment$2,318$14,802$17,120
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen CampbellDirectorFT$75,362$2,000$77,362
Vincent DuffyPresident-$8,038-$8,038
Laurie WickSecretary-$4,189-$4,189
Roslyn DuffyVice Preside-$3,553-$3,553

Board Members and Trustees

NameTitle
Diana ShukisBoard Member
Heather TimmBoard Member
Rob PurcellBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$18,707
Program Service Revenue
$891,759
Investment Income
$9,117
Other Revenue
$-704
Change in Net Assets
$61,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$666,948
Other Expenses$190,188
Total Fundraising Expense$3,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$395,235$59,276$1,210$455,721
Current Officers, Directors, Trustees, and Key Employees$7,999$97,554$1,748$107,301
Occupancy$96,203$6,142-$102,345
Other Employee Benefits$37,952$15,388$162$53,502
Payroll Taxes$36,740$13,430$254$50,424
All Other Expenses$16,963$1,831-$18,794
Insurance$7,135$2,152-$9,287
Other Expenses$7,900$1,137-$7,900
Fees for Services Accounting-$4,598-$4,598
Office Expenses-$4,583-$4,583
Information Technology-$3,035-$3,035
Depreciation Depletion$2,134$137-$2,271
Conferences and Meetings-$1,832-$1,832
Fees for Service Investment Mgmnt Fees-$1,251-$1,251
Fees for Services Other$1,055$24-$1,079
Advertising-$974-$974
Travel-$320-$320
Total Functional Expenses$640,098$213,664$3,374$857,136
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$809
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-PresidentBuilding RentNo$61,133
-Vice PresidentBuilding RentNo$61,133
-SecretaryBuilding RentNo$61,133
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Payable$451
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 2

Vincent duffy roslyn duffy president vice pres. Married

Form 990, Page 6, Part VI, Line 11B

Prior to filing and after the director has met with the accountant, members meet with the director to review form 990.

Form 990, Page 6, Part VI, Line 12C

Board members who have a conflict of interest may not vote on issues with which they are conflicted. Additionally, members are requred to disclose such conflicts as they arise.

Form 990, Page 6, Part VI, Line 15A

The board reviews and approves the director's salary based on a review of the annual activity of the organization and comparable compensation data of other montessori schools.

Form 990, Page 6, Part VI, Line 15B

The board reviews and approves officer salaries based on a review of the annual activity of the organization and comparable compensation data of other montessori schools.

Form 990, Page 6, Part VI, Line 19

The organization makes available all governing documents, the conflict of interest policy, financial records, and form 990 upon request.

Form 990, Part VII

During the current year, vincent duffy, president, worked an average of 15 hours per month as a substitute teacher.

Filing and Contact Details

Filer

Filer Name
The Learning Tree
EIN
91-1072804
Phone
2063244788
Address
1721 15TH AVE, SEATTLE, WA 98122

Signing Officer

Name
Vincent Duffy
Title
President
Phone
2063244788
Signed
2018-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vincent Duffy
Formed
1979
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
3
Employees
32
Volunteers
90

Preparer

Firm
GREENWOOD OHLUND & CO LLP CPA'S
Address
4241 21ST AVE W 400, SEATTLE, WA 98199
Preparer
AMANDA O'ROURKE CPA
Phone
2067821767
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038550
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0451
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013702
IRS990ScheduleD/TotalLiabilityAmt0451
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/ExplanationTxt0THE LEARNING TREE DOES NOT DISCRIMINATE BY RACE, SEX, CREED, NATIONAL ORIGIN, OR SEXUAL ORIENTATION IN EITHER ADMISSION OF STUDENTS OR IN HIRING POLICIES. THIS IS PUBLICIZED IN BROCHURES AND ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0VINCENT DUFFY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1ROSLYN DUFFY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2LAURIE WICK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt0DW 15
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt1DW 15
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt2DW 15
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1VICE PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2SECRETARY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt061133
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt161133
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt261133
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BUILDING RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BUILDING RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2BUILDING RENT
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0VINCENT DUFFY, ROSLYN DUFFY, AND LAURIE WICK ARE OWNERS OF DW 15. THE LEARNING TREE RENTS ITS BUILDING FROM DW 15, AND PAID RENT OF 61,132.50 IN THE 2016-2017 FISCAL YEAR.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VINCENT DUFFY ROSLYN DUFFY PRESIDENT VICE PRES. MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING AND AFTER THE DIRECTOR HAS MET WITH THE ACCOUNTANT, MEMBERS MEET WITH THE DIRECTOR TO REVIEW FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST MAY NOT VOTE ON ISSUES WITH WHICH THEY ARE CONFLICTED. ADDITIONALLY, MEMBERS ARE REQURED TO DISCLOSE SUCH CONFLICTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS AND APPROVES THE DIRECTOR'S SALARY BASED ON A REVIEW OF THE ANNUAL ACTIVITY OF THE ORGANIZATION AND COMPARABLE COMPENSATION DATA OF OTHER MONTESSORI SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS AND APPROVES OFFICER SALARIES BASED ON A REVIEW OF THE ANNUAL ACTIVITY OF THE ORGANIZATION AND COMPARABLE COMPENSATION DATA OF OTHER MONTESSORI SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES AVAILABLE ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, FINANCIAL RECORDS, AND FORM 990 UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DURING THE CURRENT YEAR, VINCENT DUFFY, PRESIDENT, WORKED AN AVERAGE OF 15 HOURS PER MONTH AS A SUBSTITUTE TEACHER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0438643
IRS990/TotalAssetsEOYAmt0507423
IRS990/TotalAssetsGrp/BOYAmt0438643
IRS990/TotalAssetsGrp/EOYAmt0507423
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt018707
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03374
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0213664
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0640098
IRS990/TotalFunctionalExpensesGrp/TotalAmt0857136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0451
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0451
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0438643
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0506972
IRS990/TotalOtherCompensationAmt02000
IRS990/TotalProgramServiceExpensesAmt0640098
IRS990/TotalProgramServiceRevenueAmt0891759
IRS990/TotalReportableCompFromOrgAmt091142
IRS990/TotalRevenueGrp/ExclusionAmt09117
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0891864
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0918879
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0438643
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0507423
IRS990/TravelGrp/ManagementAndGeneralAmt0320
IRS990/TravelGrp/TotalAmt0320
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01721 15TH AVE
IRS990/USAddress/CityNm0SEATTLE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098122
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://LEARNINGTREEMONTESSORI.COM/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VINCENT DUFFY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02063244788
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LEARNING TREE
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0911072804
ReturnHeader/Filer/PhoneNum02063244788
ReturnHeader/Filer/USAddress/AddressLine1Txt01721 15TH AVE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.85$1.40$1.44$1.54$1.34$0.20
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$1.41$1.23$1.54$1.21$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.03$0.86$1.16$1.14$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.01$0.84$1.26$0.98$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.15$0.60$0.84$0.71$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.16$0.43$0.80$0.94$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.01$0.58$0.97$0.94$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.03$0.55$0.98$0.93$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.92$0.86$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$1.00$0.84$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.91$0.90$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.90$0.86$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.80