Civic Intelligence

Cedar Tree Montessori School

990 • Fiscal year 2015 • EIN 91-1953283

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 12, 2015

2114 Broadway AvenueBellingham, WA 98225

(360) 220-2819

Siviq Scores

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

Liabilities / Assets

87th percentile

0.38x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

51st percentile

2.2%

Faster asset growth than 51% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

5.7%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$199,754

Up $4,381 (+2.2%) from 2014

Net Assets

Down

$124,020

Down $2,423 (-1.9%) from 2014

Liabilities

Up

$75,734

Up $6,804 (+9.9%) from 2014

Revenue

Up

$416,335

Up $22,456 (+5.7%) from 2014

Expenses

Up

$418,757

Up $24,708 (+6.3%) from 2014

Net Income

Down

-$2,422

Down $2,252 (-1325%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $156,286Liabilities 2011: $5,769Net Assets 2011: $150,5172011Assets 2012: $133,815Liabilities 2012: $16,406Net Assets 2012: $117,4092012Assets 2013: $176,453Liabilities 2013: $49,840Net Assets 2013: $126,6132013Assets 2014: $195,373Liabilities 2014: $68,930Net Assets 2014: $126,4432014Assets 2015: $199,754Liabilities 2015: $75,734Net Assets 2015: $124,0202015Assets 2016: $222,882Liabilities 2016: $83,527Net Assets 2016: $139,3552016Assets 2017: $233,575Liabilities 2017: $75,936Net Assets 2017: $157,6392017Assets 2018: $250,966Liabilities 2018: $75,478Net Assets 2018: $175,4882018Assets 2019: $282,231Liabilities 2019: $75,469Net Assets 2019: $206,7622019Assets 2020: $482,661Liabilities 2020: $306,291Net Assets 2020: $176,3702020Assets 2021: $347,652Liabilities 2021: $222,175Net Assets 2021: $125,4772021Assets 2022: $308,127Liabilities 2022: $231,043Net Assets 2022: $77,0842022Assets 2023: $352,426Liabilities 2023: $252,264Net Assets 2023: $100,1622023Assets 2025: $459,361Liabilities 2025: $321,760Net Assets 2025: $137,6012025

Highlighted filing

2015

Assets$199,754
Liabilities$75,734
Net Assets$124,020

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $308,0872011Expenses 2012: $318,8412012Expenses 2013: $312,1362013Revenue 2014: $393,879Expenses 2014: $394,049Net Income 2014: -$1702014Revenue 2015: $416,335Expenses 2015: $418,757Net Income 2015: -$2,4222015Revenue 2016: $428,917Expenses 2016: $413,582Net Income 2016: $15,3352016Revenue 2017: $459,370Expenses 2017: $441,086Net Income 2017: $18,2842017Revenue 2018: $481,068Expenses 2018: $463,219Net Income 2018: $17,8492018Revenue 2019: $530,519Expenses 2019: $499,245Net Income 2019: $31,2742019Revenue 2020: $488,791Expenses 2020: $519,183Net Income 2020: -$30,3922020Revenue 2021: $511,288Expenses 2021: $562,181Net Income 2021: -$50,8932021Revenue 2022: $606,034Expenses 2022: $654,427Net Income 2022: -$48,3932022Revenue 2023: $653,784Expenses 2023: $630,706Net Income 2023: $23,0782023Revenue 2025: $689,017Expenses 2025: $643,493Net Income 2025: $45,5242025

Highlighted filing

2015

Revenue$416,335
Expenses$418,757
Net Income-$2,422
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 12, 2015
Return Version
2014v6.0
Gross Receipts
$416,335
Mission and Program Overview

Mission

Cedar tree montessori cultivates a passion for learning, advances academic skills, and promotes peace and global awareness in a nurturing community

MONTESSORI EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$112,565$125,644▲ $13,079
Rtn Earn Endowment Incm Other Fnds$126,442$124,020▼ $2,422
Cash and Non-Interest-Bearing Accounts$57,348$58,943▲ $1,595
Loans From Officers Directors$9,903$8,065▼ $1,838
Savings and Temporary Cash Investments$1,760--
Accounts Receivable$5,841$-2,692▼ $8,533
Total Assets$195,373$199,754▲ $4,381
Other Assets Total$17,859$17,859→ $0
Liabilities
Other Liabilities$24,314$36,811▲ $12,497
Deferred Revenue$27,350$23,262▼ $4,088
Accounts Payable and Accrued Expenses$7,364$7,596▲ $232
Total Liabilities$68,931$75,734▲ $6,803
Net Assets / Fund Balance
Total Net Assets Fund Balance$126,442$124,020▼ $2,422
Total Liabilities and Net Assets / Fund Balance$195,373$199,754▲ $4,381

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$125,644$48,513$17,927
Other Assets Org$17,859--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cheryl Lovato NilesPresident
Dan CoffeyVice President
Gwen DuVallSecretary
Kristi TyranTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,037
Program Service Revenue
$401,573
Investment Income
$239
Other Revenue
$2,486
All Other Contributions
$1,973
Change in Net Assets
$-2,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$300,611
Other Expenses$118,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$258,214--$258,214
Occupancy$53,063--$53,063
Payroll Taxes$23,980--$23,980
Other Employee Benefits$18,417--$18,417
Fees for Services Accounting$8,100$750-$8,850
All Other Expenses$6,848--$6,848
Depreciation Depletion$4,848--$4,848
Office Expenses$4,453--$4,453
Insurance-$4,450-$4,450
Information Technology$2,652--$2,652
Advertising-$1,430-$1,430
Other Expenses$6,868$1,349-$1,349
Fees for Services Legal-$132-$132
Total Functional Expenses$410,646$8,111$0$418,757
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael FeererPrior director912 owner of LLC that rents property to schoNo$18,000
Kim FeererSchool Director112th of LLC that rents building to the schoNo$8,065
Janet SchwindAunt of school director16th owner of LLC that rents building to schNo$4,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$9,903$8,065▼ $1,838
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Round Off$20,838
Creit Cards$16,002
Scholarship Fund-
Loan from Korners$-29
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
Yes
Business relationship with organization members
Yes
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

Member election for additional members Part VI line 7A

When an existing board member is no longer available for service, the remaining executive board members seek out a replacement, which can only be a new member with a majority vote of the remaining members.

Committee meeting documentation Part VI line 8B

At this time there are no committees acting on behalf of the board of directors.

Form 990 governing body review Part VI line 11

A copy of 990 was presented for approval to each of the officers

Conflict of interest policy compliance Part VI line 12C

During the board meetings, the President of the Board asks if there is anyone on the Board that might have a conflict of interest with the decisions being discussed. If there ia a member with a conflicting interest, that member stays involved in the discussion, but is not allowed to vote on any action taken. Each Board member signs a conflict of interest policy statement.

CEO executive director top management comp Part VI line 15A

Salaries for any governing officer requires outside studies determining what normal salaries for that position would be

Other officer or key employee compensation Part VI line 15B

Salaries for any governing officer or key employee requires outside studies determining what normal salaries for that position would be

Governing documents etc available to public Part VI line 19

All documents related to policies and financial matters are made available to the public on request.

Filing and Contact Details

Filer

Filer Name
Cedar Tree Montessori School
EIN
91-1953283
Address
2114 Broadway Avenue, Bellingham, WA 98225
Doing Business As
Kim Feerer

Signing Officer

Name
Dan Coffey
Title
Vice President
Phone
3602202819
Signed
2015-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Lovato Niles
Formed
1999
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
0
Employees
12

Preparer

Firm
Wyandt Accounting Services Inc
Address
4200 MERIDIAN SUITE 100, BELLINGHAM, WA 98226
Preparer
Yon P Wyandt
Phone
3606478992
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IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0156230
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-29
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt220838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Creit Cards
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Loan from Korners
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Round Off
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Scholarship Fund
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0125644
IRS990ScheduleD/TotalBookValueOtherAssetsAmt017859
IRS990ScheduleD/TotalLiabilityAmt036811
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Cedar Tree Montessori does not actually receive Title II funds themselves. The school receives teacher training and development conferences for their staff members by the local public school district, who provides this training using Title II funds that they receive for such training.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1All school policies related to nondiscrimination are posted on the school website and always available for the general public to view. They are also in the parent handbook and tuition agreements which are signed by new parents when they come on board. The employee handbook also has nondescriminatory policies on hiring new employees.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Michael Feerer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Janet Schwind
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2Kim Feerer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Prior director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Aunt of school director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2School Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt018000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt14000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt28065
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0912 owner of LLC that rents property to scho
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc116th owner of LLC that rents building to sch
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2112th of LLC that rents building to the scho
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt08065
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Un Paid Wages
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt013430
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Kim Feerer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt08065
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0When an existing board member is no longer available for service, the remaining executive board members seek out a replacement, which can only be a new member with a majority vote of the remaining members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At this time there are no committees acting on behalf of the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of 990 was presented for approval to each of the officers
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During the board meetings, the President of the Board asks if there is anyone on the Board that might have a conflict of interest with the decisions being discussed. If there ia a member with a conflicting interest, that member stays involved in the discussion, but is not allowed to vote on any action taken. Each Board member signs a conflict of interest policy statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Salaries for any governing officer requires outside studies determining what normal salaries for that position would be
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salaries for any governing officer or key employee requires outside studies determining what normal salaries for that position would be
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6All documents related to policies and financial matters are made available to the public on request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0195373
IRS990/TotalAssetsEOYAmt0199754
IRS990/TotalAssetsGrp/BOYAmt0195373
IRS990/TotalAssetsGrp/EOYAmt0199754
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt012037
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08111
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0410646
IRS990/TotalFunctionalExpensesGrp/TotalAmt0418757
IRS990/TotalGrossUBIAmt02003
IRS990/TotalLiabilitiesBOYAmt068931
IRS990/TotalLiabilitiesEOYAmt075734
IRS990/TotalLiabilitiesGrp/BOYAmt068931
IRS990/TotalLiabilitiesGrp/EOYAmt075734
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126442
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0124020
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0410646
IRS990/TotalProgramServiceRevenueAmt0401573
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0402295
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0416335
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02003
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0195373
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0199754
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01120 15th street
IRS990/USAddress/CityNm0Bellingham
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098225
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$3.22$1.38$6.89$6.43$0.46
2023Summary only. Only limited summary data is available for this year.$3.52$2.52$1.00$6.54$6.31$0.23
2022Summary only. Only limited summary data is available for this year.$3.08$2.31$0.77$6.06$6.54$0.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$2.22$1.25$5.11$5.62$0.51
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.83$3.06$1.76$4.89$5.19$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.75$2.07$5.31$4.99$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.75$1.75$4.81$4.63$0.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.76$1.58$4.59$4.41$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.84$1.39$4.29$4.14$0.15
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.76$1.24$4.16$4.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.69$1.26$3.94$3.94$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.50$1.27$3.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.16$1.17$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.06$1.51$3.08