Chiaravalle Montessori School
- Assets
- $21.0m
- Revenue
- $8.5m
- Investments
- $3.5k
- Employees
- 99
- Location
- Evanston, IL
- Founding
- 06/1957
- Data as of
- 05/2022
- EIN
- 36-2580506
Organization Overview
Chiaravalle Montessori School is located in Evanston, IL. The organization was established in 1957. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2022, Chiaravalle Montessori School employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chiaravalle Montessori School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Chiaravalle Montessori School generated $8.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $7.4m during the year ending 05/2022. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A MODERN MONTESSORI EDUCATION THAT INSPIRES INDEPENDENT,COMPASSIONATE,AND INNOVATIVE THINKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE ELEMENTARY AND EARLY CHILDHOOD SERVING 156 CHILDREN IN EARLY CHILDHOOD PROGRAMS; 84 IN LOWER ELEMENTARY; 65 IN UPPER ELEMENTARY AND 36 IN MIDDLE SCHOOL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Mccloud-Springer Head Of School | 40 | $195,902 | |
George Demet Vice President | OfficerTrustee | 5 | $0 |
Sara O'mara Secretary | OfficerTrustee | 5 | $0 |
Becca Groothuis President | OfficerTrustee | 5 | $0 |
Carrie Charles Treasurer | OfficerTrustee | 5 | $0 |
Schnabel Samson Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Demar Cleaning | 5/30/22 | $101,086 |
Cobalt Extensions It Support | 5/30/22 | $104,739 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $430,312 |
| Noncash contributions included in lines 1a–1f | $120,052 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $430,312 |
| Total Program Service Revenue | $7,117,994 |
| Investment income | $139,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $68,707 |
| Net Income from Fundraising Events | $11,095 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,509,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $771,774 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $207,441 |
| Compensation of current officers, directors, key employees. | $207,441 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,717,724 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $659,146 |
| Payroll taxes | $272,217 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,113 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $35,541 |
| Office expenses | $16,641 |
| Information technology | $231,049 |
| Royalties | $0 |
| Occupancy | $374,366 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $224,629 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $665,442 |
| Insurance | $5,594 |
| All other expenses | $0 |
| Total functional expenses | $7,408,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,242,244 |
| Savings and temporary cash investments | $1,781,794 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,306 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,714 |
| Net Land, buildings, and equipment | $12,201,126 |
| Investments—publicly traded securities | $4,597,983 |
| Investments—other securities | $3,492 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,969 |
| Total assets | $20,991,628 |
| Accounts payable and accrued expenses | $663,634 |
| Grants payable | $0 |
| Deferred revenue | $1,664,560 |
| Tax-exempt bond liabilities | $7,045,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,373,194 |
| Net assets without donor restrictions | $11,318,333 |
| Net assets with donor restrictions | $300,101 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,991,628 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Chiaravalle Montessori School has recieved totaling $47,970.
| Awarding Organization | Amount |
|---|---|
William J & Barbara A Schmidt Family Foundation Inc Appleton, WI PURPOSE: SCHOLARSHIPS | $25,000 |
Martin Family Foundation Ann Arbor, MI PURPOSE: HUMANITARIAN | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
The Simms Family Foundation Walworth, WI PURPOSE: CHARITABLE | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $870 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $100 |
Endowment Analysis
| Beg. Balance | $1,516,361 |
| Earnings | $30,952 |
| Net Contributions | $706,834 |
| Other Expense | $44,892 |
| Ending Balance | $2,209,255 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Chiaravalle Montessori School Evanston, IL | $20,991,628 | $8,509,054 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Wisconsin Montessori Society Inc Milwaukee, WI | $12,863,252 | $6,437,977 |
Parent And Child Together - Pact - For West Central Illinois Beardstown, IL | $590,304 | $4,793,491 |
Community Montessori New Albany, IN | $14,363,085 | $5,763,758 |