Beverly Montessori School FY2021 filing

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Pre-School and kindergarden

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $3K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $113
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$927
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$403K
Spent
$350K
To programs
100%
Net assets
$193K
By yearFY2021–FY2025
Revenue
$403K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$403K
FY2022$508K
FY2023$450K
FY2024$459K
FY2025$479K
Expenses
$350K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$350K
FY2022$484K
FY2023$537K
FY2024$509K
FY2025$434K
Net assets
$193K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$193K
FY2022$217K
FY2023$210K
FY2024$161K
FY2025$207K

From the FY2021 Form 990 (year ending July 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1968.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $350K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Beverly Montessori School executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Beverly Montessori School is a nonprofit based in Chicago, IL, formed in 1967.

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1 program · $350K · in their own filed words · FY2020
01

Pre-school and kindergarten

$350Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$113

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$403K
Ln 12
Fees for servicesLn 2g$297K
Gifts and grantsLn 1h$105K
Other incomeLn 4–11$550
Money outPt IX
$350K
Ln 25
Programscol B$350K
Owns and owesPt X
$193K
net assets · Ln 32
Cash and savingsLn 1–2$168K
Total assetsLn 16$194K
LiabilitiesLn 26$927
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$105K
Government grantsLn 1e$104K
Fees for servicesLn 2g$297K
Investment incomeLn 3$10
Other incomeLn 4–11$550
Total revenueLn 12$403K
Assets in detailPt X, end of year
CashLn 1$168K
Cash and savings togetherLn 1–2$168K
Land, buildings, equipmentLn 10c$26K
Total assetsLn 16$194K
LiabilitiesLn 26$927
Net assetsLn 32$193K
OperationsPt I, VI
EmployeesI 522
VolunteersI 60
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$116K$168K
Land, buildings, equipmentLn 10c$27K$26K
Total assetsLn 16$143K$194K
LiabilitiesLn 26$3K$927
Net assetsLn 32$140K$193K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$268K$268K
Payroll taxesLn 10$20K$20K
Accounting feesLn 11c$935$935
Investment management feesLn 11f$90$90
Advertising and promotionLn 12$734$734
Office expensesLn 13$3K$3K
Payments to affiliatesLn 21$992$992
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$43K$43K
All other expensesLn 24e$962$962
Total functional expensesLn 25$350K$350K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 12, 2026 $479K$434K$46K$207K 990 PDF
FY2024Filed with the IRS May 19, 2025 $459K$509K−$49K$161K 990 PDF
FY2023Filed with the IRS Jun 17, 2024 $450K$537K−$87K$210K 990 PDF
FY2022Filed with the IRS Jan 26, 2023 $508K$484K$25K$217K 990 PDF
FY2021 ViewingFiled with the IRS Jan 20, 2022 $403K$350K$53K$193K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $403,249 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $66,569$105,309
I-9 Program service revenuePrior year $357,283$297,380
I-10 Investment incomePrior year $226$10
I-11 Other revenuePrior year $3,209$550
I-12 Total revenuePrior year $427,287$403,249
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $351,605$287,816
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $80,603$62,676
I-18 Total expensesPrior year $432,208$350,492
I-19 Revenue less expensesPrior year −$4,921$52,757
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $403,249 across 7 lines filed
VIII-1e Government grants$103,842
VIII-1f All other contributions, gifts and grants$1,467
VIII-1h Total contributions, gifts and grants$105,309
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $297,380$297,380
VIII-3 Investment incomeRelated to mission $10$10
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $550$550
VIII-12 Total revenueRelated to mission $297,940 · Unrelated business $0 · Excluded from tax $0$403,249
Part IX · Statement of functional expenses $350,492 across 11 lines filed
IX-7 Other salaries and wagesPrograms $267,572$267,572
IX-10 Payroll taxesPrograms $20,244$20,244
IX-11c Accounting feesPrograms $935$935
IX-11f Investment management feesPrograms $90$90
IX-12 Advertising and promotionPrograms $734$734
IX-13 Office expensesPrograms $3,325$3,325
IX-21 Payments to affiliatesPrograms $992$992
IX-22 Depreciation, depletion and amortizationPrograms $1,418$1,418
IX-23 InsurancePrograms $11,370$11,370
IX-24 Other expenses (24a–d)Programs $42,850$42,850
IX-24e All other expensesPrograms $962$962
IX-25 Total functional expensesPrograms $350,492 · Management $0 · Fundraising $0$350,492
Part X · Balance sheet $193,563 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $115,627$167,759
X-10c Land, buildings and equipment, netStart of year $27,222$25,804
X-16 Total assetsStart of year $142,849$193,563
X-17 Accounts payable and accrued expensesStart of year $2,970$927
X-26 Total liabilitiesStart of year $2,970$927
X-32 Total net assets or fund balancesStart of year $139,879$192,636
X-33 Total liabilities and net assetsStart of year $142,849$193,563
Part XI · Reconciliation of net assets $192,636 net assets at year end
XI-1 Total revenue$403,249
XI-2 Total expenses$350,492
XI-3 Revenue less expenses$52,757
XI-4 Net assets at start of year$139,879
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$192,636

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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