Montessori Elementary School

Tax-deductible

Lemont, IL501(c)(3)EIN 36-3043306

Montessori elementary & preschool

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 20 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
5 of 5
filings with a surplus
Average surplus $243K a year · 16% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$197K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 17.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $260
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 7 voting members
Looks good: 4 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-0.6% vs prior year
Spent
$1.4M
To programs
82%
Net assets
$2.2M
By yearFY2021–FY2025
Revenue
$1.6M
FY2025▼ -0.6%
Revenue by fiscal year
FY2021$1.2M
FY2022$1.4M
FY2023$1.6M
FY2024$1.6M
FY2025$1.6M
Expenses
$1.4M
FY2025▲ +7%
Expenses by fiscal year
FY2021$1.1M
FY2022$1.2M
FY2023$1.2M
FY2024$1.3M
FY2025$1.4M
Net assets
$2.2M
FY2025▲ +11%
Net assets by fiscal year
FY2021$1.0M
FY2022$1.3M
FY2023$1.7M
FY2024$2.0M
FY2025$2.2M

From the FY2025 Form 990 (year ending July 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in 0000.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $1.1M Management & general 17% · $236K Fundraising 1% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990; $197K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$102,691Pt VII · Sec A
$57,942Pt VII · Sec A
Director
$36,760Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Therese Colby$102,691$99,700$92,665——
Therese Colby———$85,952$74,624
James Hilgenbrink$57,942$56,254$53,575——
Norine Colby———$44,863$52,000
James Hilgenbrink———$51,889$51,046
Norine Colby$36,760$35,690$33,990——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates children using the Montessori method for early learning and elementary school.

Provided by the organization

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1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

The school provided preschool and elementary school services to 136 children during the 2024-2025 school year. It is the mission of the Montessori School of Lemont to provide for the physical, intellectual, emotional and spiritual education of children ages 3-15 years following the methods and philosophy of Dr. Maria Montessori.

$1.1Mprogram expense

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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$260

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$40K
Investment incomeLn 3$31K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.1M
Managementcol C$236K
Fundraisingcol D$18K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$3.6M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$40K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$31K
Other incomeLn 4–11$22K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$318K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.9M
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$3.6M
LiabilitiesLn 26$1.4M
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 522
VolunteersI 620
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.9M$1.9M
Land, buildings, equipmentLn 10c$1.6M$1.6M
Total assetsLn 16$3.5M$3.6M
LiabilitiesLn 26$1.5M$1.4M
Net assetsLn 32$2.0M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$222K$184K$34K$3K
Other salaries and wagesLn 7$572K$475K$89K$8K
Pension plan contributionsLn 8$10K$8K$2K$124
Other employee benefitsLn 9$79K$67K$11K$1K
Payroll taxesLn 10$58K$47K$10K$771
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$17K$17K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$36K$34K$2K$142
OccupancyLn 16$83K$69K$13K$1K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$47K$39K$7K$670
Depreciation, depletion and amortizationLn 22$123K$102K$19K$2K
InsuranceLn 23$13K$10K$2K$179
Other expenses (24a–d)Ln 24$90K$73K$16K$460
All other expensesLn 24e$14K$14K$598
Total functional expensesLn 25$1.4M$1.1M$236K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.6M$1.4M$208K$2.2M 990 PDF
FY2024 $1.6M$1.3M$311K$2.0M 990 PDF
FY2023 $1.6M$1.2M$361K$1.7M 990 PDF
FY2022 $1.4M$1.2M$276K$1.3M 990 PDF
FY2021 $1.2M$1.1M$61K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $1,587,467 across 6 lines filed
VIII-1f All other contributions, gifts and grants$39,564
VIII-1h Total contributions, gifts and grants$39,564
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,495,323$1,495,323
VIII-3 Investment incomeExcluded from tax $30,833$30,833
VIII-8 Net income from fundraising eventsExcluded from tax $21,747$21,747
VIII-12 Total revenueRelated to mission $1,495,323 · Unrelated business $0 · Excluded from tax $52,580$1,587,467
Part IX · Statement of functional expenses $1,379,557 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $184,267 · Management $34,445 · Fundraising $3,136$221,848
IX-7 Other salaries and wagesPrograms $475,127 · Management $88,592 · Fundraising $8,095$571,814
IX-8 Pension plan contributionsPrograms $7,828 · Management $1,736 · Fundraising $124$9,688
IX-9 Other employee benefitsPrograms $66,955 · Management $11,106 · Fundraising $1,187$79,248
IX-10 Payroll taxesPrograms $47,496 · Management $9,967 · Fundraising $771$58,234
IX-11c Accounting feesManagement $8,038$8,038
IX-11g Other fees for servicesManagement $17,449$17,449
IX-12 Advertising and promotionManagement $5,683$5,683
IX-13 Office expensesPrograms $33,961 · Management $1,554 · Fundraising $142$35,657
IX-16 OccupancyPrograms $68,927 · Management $12,861 · Fundraising $1,174$82,962
IX-19 Conferences, conventions and meetingsPrograms $1,759$1,759
IX-20 InterestPrograms $39,361 · Management $7,345 · Fundraising $670$47,376
IX-22 Depreciation, depletion and amortizationPrograms $101,992 · Management $19,030 · Fundraising $1,737$122,759
IX-23 InsurancePrograms $10,500 · Management $1,959 · Fundraising $179$12,638
IX-24 Other expenses (24a–d)Programs $73,153 · Management $16,350 · Fundraising $460$89,963
IX-24e All other expensesPrograms $13,843 · Fundraising $598$14,441
IX-25 Total functional expensesPrograms $1,125,169 · Management $236,115 · Fundraising $18,273$1,379,557
Part X · Balance sheet $3,553,631 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $314,927$318,069
X-2 Savings and temporary cash investmentsStart of year $1,599,808$1,630,641
X-4 Accounts receivableStart of year $250$2,681
X-10c Land, buildings and equipment, netStart of year $1,571,285$1,602,240
X-16 Total assetsStart of year $3,486,270$3,553,631
X-17 Accounts payable and accrued expensesStart of year $130,887$127,306
X-19 Deferred revenueStart of year $150,428$130,297
X-25 Other liabilitiesStart of year $1,235,688$1,118,852
X-26 Total liabilitiesStart of year $1,517,003$1,376,455
X-27 Net assets without donor restrictionsStart of year $1,486,642$1,870,873
X-28 Net assets with donor restrictionsStart of year $482,625$306,303
X-32 Total net assets or fund balancesStart of year $1,969,267$2,177,176
X-33 Total liabilities and net assetsStart of year $3,486,270$3,553,631
Part XI · Reconciliation of net assets $2,177,176 net assets at year end
XI-1 Total revenue$1,587,467
XI-2 Total expenses$1,379,557
XI-3 Revenue less expenses$207,910
XI-4 Net assets at start of year$1,969,267
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,177,176

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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