Ravinia Nursery School
Nonprofit profile at a glance
- EIN
- 366002274
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Highland Park, IL, USA
- Phone
- 8478313700
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $745,109
- Expenses
- $642,495
- Assets
- $745,169
- Liabilities
- $474,717
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MICHAEL JABS (PRESIDENT)
Highest reported compensation
- SUSAN LENZINI (CO-DIRECTORS): $59,001 total reported compensation
- CATHY COHEN (CO-DIRECTORS): $53,602 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide the very best preschool environment with an extraordinary commitment to:* preschool children and their families* innovative and creative learning through play* caring and competent teachers* community and society* quality in all that we do
What it reported doing in 2024
Ravinia nursery school is a developmental preschool for children ages three, four, and five years old, providing a safe, warm and nurturing environment that allows the children to move on their own pace in a self-directed manner. Summer camp is a seven-week long program open to children ages 2, 3, 4, and 5. Much of the program takes place outside on our playground. Activities involve sand and water play, group games, sport activities, arts and crafts and special projects. The children also spend time singing, listening to stories, learning about pets, taking nature walks and gardening. Preschoolers will bring their lunch and end each day with a picnic on the playground. Revenues are received in the form of tuition and registration fees.
Operating model
- Revenue model
- Earned-program. 75% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.4%; rating input score 61
- Program expense ratio: 72.9%; rating input score 73
- Fundraising efficiency: $11.71 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.8%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 17.5%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 0.4% per year; rating input score 100; 19th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 61.4% of revenue deployed · 72.9% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $468K in reported program spending
- Leadership: top reported pay $59K · 8 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 18/100.