Undercroft Montessori School Inc
Nonprofit profile at a glance
- EIN
- 736099978
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Tulsa, OK, USA
- Phone
- 9186622890
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $3,344,757
- Expenses
- $3,206,877
- Assets
- $4,783,806
- Liabilities
- $164,456
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- ROBERT THOMAS (PRESIDENT)
- NANCY DAVIS (EXECUTIVE DIRECTOR)
Highest reported compensation
- NANCY DAVIS (EXECUTIVE DIRECTOR): $110,550 total reported compensation
- SYDNEY ATCHISON (BUSINESS OFFICER): $65,667 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Undercroft montessori school provides an authentic montessori education. We are committed to academic excellence, independence in thought and action, critical collaborative thinking, compassion and respect for self, community, and the world.
What it reported doing in 2024
The operation of a montessori day school for ages 3 through 14 which services approximately 200 students from grades pre-k through eighth grade. Educating children by developing independence, intrinsic motivation for learning, personal, and social responsibility, confidence and competence, and academic preparation, in order to maximize the potential of each student.
Operating model
- Revenue model
- Earned-program. 95% 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 72
- Program expense ratio: 74.6%; rating input score 75
- Fundraising efficiency: $3.69 raised per $1 spent on fundraising; rating input score 11; 11th 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 4.1%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 71.5% of revenue deployed · 74.6% of spending went to programs
- Governance: 20 of 20 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.4M in reported program spending
- Leadership: top reported pay $111K · 22 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 8 filing years from 2012 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Fundraising efficiency scored 11/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.