Chiaravalle Montessori School
- Assets
- $21.4m
- Revenue
- $8.6m
- Investments
- $49.9k
- Employees
- 83
- Location
- Evanston, IL
- Founding
- 06/1957
- Data as of
- 05/2024
- 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 05/2024, Chiaravalle Montessori School employed 83 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 05/2024, Chiaravalle Montessori School generated $8.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $8.5m during the year ending 05/2024. While expenses have increased by 4.7% per year over the past 9 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
2024
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 161 CHILDREN IN EARLY CHILDHOOD PROGRAMS; 76 IN LOWER ELEMENTARY; 70 IN UPPER ELEMENTARY AND 31 IN MIDDLE SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Mccloud-Springer Head Of School | 40 | $219,901 | |
Adam Prawer-Stock Trustee | Trustee | 0 | $0 |
Amy V Kontrick MD Trustee | Trustee | 2 | $0 |
Sara O'mara President | OfficerTrustee | 5 | $0 |
Todd Ppaul Treasurer | OfficerTrustee | 5 | $0 |
George Demet Vice President | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cobalt Extensions It Support | 5/30/22 | $104,739 |
Demar Cleaning | 5/30/22 | $101,086 |
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 | $478,514 |
| Noncash contributions included in lines 1a–1f | $68,309 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,514 |
| Total Program Service Revenue | $7,981,834 |
| Investment income | $205,639 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$89,898 |
| Net Income from Fundraising Events | $9,083 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,585,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $993,630 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $233,148 |
| Compensation of current officers, directors, key employees. | $233,148 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,218,037 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $806,846 |
| Payroll taxes | $320,604 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,000 |
| Fees for services: Accounting | $12,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,373 |
| Office expenses | $24,178 |
| Information technology | $148,984 |
| Royalties | $0 |
| Occupancy | $476,022 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $209,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $566,919 |
| Insurance | $8,404 |
| All other expenses | $0 |
| Total functional expenses | $8,459,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,797,611 |
| Savings and temporary cash investments | $2,906,507 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,911 |
| 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 | $39,481 |
| Net Land, buildings, and equipment | $11,267,658 |
| Investments—publicly traded securities | $5,004,539 |
| Investments—other securities | $49,866 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $335,565 |
| Total assets | $21,448,138 |
| Accounts payable and accrued expenses | $770,887 |
| Grants payable | $0 |
| Deferred revenue | $1,841,300 |
| Tax-exempt bond liabilities | $6,535,000 |
| 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 | $268,029 |
| Total liabilities | $9,415,216 |
| Net assets without donor restrictions | $11,798,912 |
| Net assets with donor restrictions | $234,010 |
| 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 | $21,448,138 |