Civic Intelligence

Harmony Montessori School Inc

990 • Fiscal year 2018 • EIN 93-1152908

Aug 01, 2017 to Jul 31, 2018 • Filed on Nov 15, 2018

10525 SE Cherry Blossom DrPortland, OR 97216-2859

(503) 255-5337

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

45th percentile

0.07x

Higher debt load relative to revenue than 45% of similar nonprofits.

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

Net Margin

63rd percentile

8.5%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

45th percentile

$51,614

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

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

Asset Growth

60th percentile

4.1%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

62nd percentile

9.3%

Faster revenue growth than 62% of similar nonprofits.

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

Assets

Up

$508,197

Up $20,001 (+4.1%) from 2017

Net Assets

Up

$413,089

Up $109,087 (+36%) from 2017

Liabilities

Down

$95,108

Down $89,086 (-48%) from 2017

Revenue

Up

$1,283,361

Up $109,607 (+9.3%) from 2017

Expenses

Up

$1,174,340

Up $93,353 (+8.6%) from 2017

Net Income

Up

$109,021

Up $16,254 (+18%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $160,333Liabilities 2011: $22,348Net Assets 2011: $137,9852011Assets 2012: $161,144Liabilities 2012: $10,600Net Assets 2012: $150,5442012Assets 2013: $170,453Liabilities 2013: $19,209Net Assets 2013: $151,2442013Assets 2014: $270,073Liabilities 2014: $164,472Net Assets 2014: $105,6012014Assets 2015: $304,332Liabilities 2015: $159,515Net Assets 2015: $144,8172015Assets 2016: $348,162Liabilities 2016: $136,921Net Assets 2016: $211,2412016Assets 2017: $488,196Liabilities 2017: $184,194Net Assets 2017: $304,0022017Assets 2018: $508,197Liabilities 2018: $95,108Net Assets 2018: $413,0892018Assets 2019: $655,634Liabilities 2019: $114,311Net Assets 2019: $541,3232019Assets 2020: $711,942Liabilities 2020: $244,213Net Assets 2020: $467,7292020Assets 2021: $1,096,148Liabilities 2021: $257,893Net Assets 2021: $838,2552021Assets 2022: $3,271,489Liabilities 2022: $1,969,213Net Assets 2022: $1,302,2762022Assets 2023: $2,875,916Liabilities 2023: $1,947,501Net Assets 2023: $928,4152023Assets 2024: $2,895,907Liabilities 2024: $1,819,414Net Assets 2024: $1,076,4932024Assets 2025: $3,059,735Liabilities 2025: $1,742,289Net Assets 2025: $1,317,4462025

Highlighted filing

2018

Assets$508,197
Liabilities$95,108
Net Assets$413,089

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $411,982Expenses 2011: $449,802Net Income 2011: -$37,8202011Revenue 2012: $364,065Expenses 2012: $351,506Net Income 2012: $12,5592012Revenue 2013: $443,913Expenses 2013: $443,213Net Income 2013: $7002013Revenue 2014: $629,685Expenses 2014: $648,479Net Income 2014: -$18,7942014Revenue 2015: $796,528Expenses 2015: $757,312Net Income 2015: $39,2162015Revenue 2016: $1,010,871Expenses 2016: $944,447Net Income 2016: $66,4242016Revenue 2017: $1,173,754Expenses 2017: $1,080,987Net Income 2017: $92,7672017Revenue 2018: $1,283,361Expenses 2018: $1,174,340Net Income 2018: $109,0212018Revenue 2019: $1,449,910Expenses 2019: $1,322,196Net Income 2019: $127,7142019Revenue 2020: $1,307,110Expenses 2020: $1,380,689Net Income 2020: -$73,5792020Revenue 2021: $1,307,366Expenses 2021: $1,131,299Net Income 2021: $176,0672021Revenue 2022: $1,466,512Expenses 2022: $1,197,114Net Income 2022: $269,3982022Revenue 2023: $1,259,630Expenses 2023: $1,633,491Net Income 2023: -$373,8612023Revenue 2024: $1,830,081Expenses 2024: $1,679,810Net Income 2024: $150,2712024Revenue 2025: $2,044,911Expenses 2025: $1,803,958Net Income 2025: $240,9532025

Highlighted filing

2018

Revenue$1,283,361
Expenses$1,174,340
Net Income$109,021
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,417,841
Mission and Program Overview

Mission

To provide montessori school programs to children ages 2.5-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$237,085$250,368▲ $13,283
Savings and Temporary Cash Investments$144,689$159,163▲ $14,474
Cash and Non-Interest-Bearing Accounts$86,044$64,263▼ $21,781
Inventories for Sale or Use$11,806$28,091▲ $16,285
Accounts Receivable$6,798$4,584▼ $2,214
Prepaid Expenses and Deferred Charges$1,774$1,728▼ $46
Total Assets$488,196$508,197▲ $20,001
Liabilities
Other Liabilities$185,853$94,588▼ $91,265
Accounts Payable and Accrued Expenses$-1,659$520▲ $2,179
Total Liabilities$184,194$95,108▼ $89,086
Net Assets / Fund Balance
Unrestricted Net Assets$303,573$413,089▲ $109,516
Temporarily Rstr Net Assets$429--
Total Net Assets Fund Balance$304,002$413,089▲ $109,087
Total Liabilities and Net Assets / Fund Balance$488,196$508,197▲ $20,001

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$250,368$46,581$296,949
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim GreerPresidentFT$51,614$51,614

Board Members and Trustees

NameTitle
Dave WhitcombBoard Chair
Conchetta TomasDirector
Dalia AvelloDirector
Michael StreetDirector
Ted RydmarkDirector
Michael MartinSecretary
Barry GualtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$909
Program Service Revenue
$1,238,758
Investment Income
$1,011
Other Revenue
$42,683
All Other Contributions
$909
Change in Net Assets
$109,021
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$906,007
Other Expenses$268,333
Total Fundraising Expense$2,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$676,110--$676,110
Occupancy$136,390--$136,390
Other Employee Benefits$109,662--$109,662
Payroll Taxes$59,414-$1,212$60,626
Current Officers, Directors, Trustees, and Key Employees$25,054$25,055-$50,109
Office Expenses-$15,380-$15,380
All Other Expenses$5,577$6,052-$11,629
Insurance$9,843--$9,843
Pension Plan Contributions$9,500--$9,500
Fees for Services Accounting-$9,055-$9,055
Depreciation Depletion$7,142--$7,142
Other Expenses$4,726--$4,726
Advertising$1,155-$1,155$2,310
Fees for Services Other-$1,258-$1,258
Information Technology-$135-$135
Total Functional Expenses$1,115,038$56,935$2,367$1,174,340
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$55,541
Fundraising Direct Expenses$20,322
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$55,541$55,541$20,322$35,219
Total Events$55,541$55,541$20,322$35,219
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Tuition$79,726
Accrued Payroll Taxes$11,186
US Bank Visa$3,676
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Harmony Montessori School Inc
EIN
93-1152908
Phone
5032555337
Address
10525 SE CHERRY BLOSSOM DR, PORTLAND, OR 97216-2859

Signing Officer

Name
Kim Greer
Title
President
Phone
5032555337
Signed
2018-11-15

Organization Details

Principal Officer
Kim Greer
Formed
1994
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
25
Volunteers
160

Preparer

Firm
Skcpa & Co
Address
10260 SW GREENBURG ROAD SUITE 1000, PORTLAND, OR 97223-5526
Preparer
Sean S Kim
Phone
5032931040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers received no benefits and performed any of the following duties: driving on field trips, chaperone, shopping, material repair, material preparation, gardening, maintenance on building, auction donation pickup, auction program layout, decorating for auction,planning and implementing auction, planning community social events, preparing and serving meals for homeless shelter, preparing meals for community members during hardships.

Raw XML Appendix398 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.

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IRS990/RevenueAmt01415921
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0144689
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0159163
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0250368
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046581
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0296949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt079726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111186
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED TUITION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2US BANK VISA
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0250368
IRS990ScheduleD/TotalLiabilityAmt094588
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/ExplanationTxt0DISPLAY AD IN LOCAL PAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020322
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055541
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt055541
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055541
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt055541
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035219
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020322
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt020322
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS RECEIVED NO BENEFITS AND PERFORMED ANY OF THE FOLLOWING DUTIES: DRIVING ON FIELD TRIPS, CHAPERONE, SHOPPING, MATERIAL REPAIR, MATERIAL PREPARATION, GARDENING, MAINTENANCE ON BUILDING, AUCTION DONATION PICKUP, AUCTION PROGRAM LAYOUT, DECORATING FOR AUCTION,PLANNING AND IMPLEMENTING AUCTION, PLANNING COMMUNITY SOCIAL EVENTS, PREPARING AND SERVING MEALS FOR HOMELESS SHELTER, PREPARING MEALS FOR COMMUNITY MEMBERS DURING HARDSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0429
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0488196
IRS990/TotalAssetsEOYAmt0508197
IRS990/TotalAssetsGrp/BOYAmt0488196
IRS990/TotalAssetsGrp/EOYAmt0508197
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0909
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02367
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056935
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01115038
IRS990/TotalFunctionalExpensesGrp/TotalAmt01174340
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0184194
IRS990/TotalLiabilitiesEOYAmt095108
IRS990/TotalLiabilitiesGrp/BOYAmt0184194
IRS990/TotalLiabilitiesGrp/EOYAmt095108
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0304002
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0413089
IRS990/TotalProgramServiceExpensesAmt01115038
IRS990/TotalProgramServiceRevenueAmt01238758
IRS990/TotalReportableCompFromOrgAmt051614
IRS990/TotalRevenueGrp/ExclusionAmt01011
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01246222
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01283361
IRS990/TotalVolunteersCnt0160
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0488196
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0508197
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0303573
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0413089
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010525 SE CHERRY BLOSSOM DR
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd0972162859
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HARMONY-MONTESSORI.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KIM GREER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05032555337
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HARMONY MONTESSORI SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0HARM
ReturnHeader/Filer/EIN0931152908
ReturnHeader/Filer/PhoneNum05032555337
ReturnHeader/Filer/USAddress/AddressLine1Txt010525 SE CHERRY BLOSSOM DR
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd0972162859
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F5D1D453491B386BC859524521DE06BC9156D97D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F5D1D453491B386BC859524521DE06BC9156D97D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.71.181.209
ReturnHeader/FilingSecurityInformation/IPDt02018-12-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:00:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731691547
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKCPA & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010260 SW GREENBURG ROAD SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0972235526
ReturnHeader/PreparerPersonGrp/PhoneNum05032931040
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02018-12-06T14:00:55-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-08-01
ReturnHeader/TaxPeriodEndDt02018-07-31
ReturnHeader/TaxYr02017

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.$3.06$1.74$1.32$2.04$1.80$0.24
2024Detailed filing. Detailed filing data is available for this year.$2.90$1.82$1.08$1.83$1.68$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.88$1.95$0.93$1.26$1.63$0.37
2022Detailed filing. Detailed filing data is available for this year.$3.27$1.97$1.30$1.47$1.20$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.26$0.84$1.31$1.13$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.24$0.47$1.31$1.38$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.11$0.54$1.45$1.32$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.10$0.41$1.28$1.17$0.11
2017Summary only. Only limited summary data is available for this year.$0.49$0.18$0.30$1.17$1.08$0.09
2016Summary only. Only limited summary data is available for this year.$0.35$0.14$0.21$1.01$0.94$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.16$0.14$0.80$0.76$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.16$0.11$0.63$0.65$0.02
2013Summary only. Only limited summary data is available for this year.$0.17$0.02$0.15$0.44$0.44$0.00
2012Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$0.36$0.35$0.01
2011Summary only. Only limited summary data is available for this year.$0.16$0.02$0.14$0.41$0.45$0.04