Montessori School of Peoria
Nonprofit profile at a glance
- EIN
- 454210687
- IRS 990 coverage
- 2014–2014
- Forms available
- Form 990 2014
- Location
- Peoria, IL, USA
- Phone
- 3096858995
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Homes for Children & Adolescents
Reported finances
- Revenue
- $381,364
- Expenses
- $378,079
- Assets
- $51,164
- Liabilities
- $25,800
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JENNIFER ESSIG (PRESIDENT, TREASURER)
Highest reported compensation
- JOHN MEREDITH COX (HEAD OF SCHOOL): $39,397 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to educate children in an environment that allows for learning, discovery and growth in a spirit of peace.
What it reported doing in 2014
Provided education for 68 children ages 3-12 over the course of an academic year (august 2013-may 2014), including a summer program, using the montessori method of education. Children were distributed among four classrooms, each taught by two teachers. School hours each day were 8:30-3:00, with extra childcare available from 7:00-8:30 and 3:00-5:30. School is registered with the Illinois state board of education.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 29
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.4%; rating input score 94
- Program expense ratio: 95.2%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.9%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 10.4%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 94.4% of revenue deployed · 95.2% of spending went to programs
- Governance: 5 of 5 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $360K in reported program spending
- Leadership: top reported pay $39K · 6 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.