CHILDREN'S LEARNING PATH MONTESSORI

EIN: 200194480 501(c)(3) Education

NORTHBROOK, IL

Total Revenue
$377,793
Total Expenses
$334,616
Total Assets
$244,652
Net Assets
$234,477
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
KANCHAN RAI
Phone
8474981533
Tax Period
2024-01-01 to 2024-12-31

CHILDREN'S LEARNING PATH MONTESSORI, founded in 2003, is a small nonprofit in the Education sector that reported $378K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $335K left a modest 11% surplus.

Mission

TO PROVIDE PROGRAMS OF ACADEMIC, SPIRITUAL,MORAL, ARTISTIC AND PHYSICAL EDUCATION TO CHILDREN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $377,793
Investment Income $0
Other Revenue $0
TOTAL REVENUE $377,793

Expense Breakdown

Grants Paid $0
Salaries & Benefits $231,203
Fundraising Expenses $0
Program Expenses $299,459
Other Expenses $103,413
TOTAL EXPENSES $334,616

Year-over-Year Comparison

2024 2023 Change
Revenue $377,793 $289,439 +0.3%
Expenses $334,616 $288,020 +0.2%
Net Income $43,177 $1,419 +29.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
6
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KANCHAN RAI PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $377,793 $334,616 $244,652 $43,177
2023 $289,439 $288,020 $186,742 $1,419
2022 $341,793 $265,192 $188,816 $76,601
2021 $270,963 $201,597 $115,276 $69,366
2020 $169,694 $170,862 $76,707 $-1,168
2019 $241,439 $233,667 $51,719 $7,772
2018 $203,862 $224,453 $43,395 $-20,591
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHILDREN'S LEARNING PATH MONTESSORI with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.