BANSAN FOUNDATION D/B/A FLOSSMOOR MONTESSORI SCHOOL (EIN 205970885) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

SANJIV MODI

Phone

7087984600

Tax Period

2024-08-01 to 2025-07-31

BANSAN FOUNDATION D/B/A FLOSSMOOR MONTESSORI SCHOOL, founded in 2006, is a small nonprofit in the Education sector that reported $816K in total revenue in fiscal year 2024. Expenses of $765K left a modest 6% surplus.

Mission

TO EDUCATE CHILDREN USING THE MONTESSORI METHODS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,674

Program Service Revenue $763,556

Investment Income $15,741

Other Revenue $5,751

TOTAL REVENUE $815,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $547,916

Fundraising Expenses $0

Program Expenses $626,109

Other Expenses $216,964

TOTAL EXPENSES $764,880

Year-over-Year Comparison

	2024	2023	Change
Revenue	$815,722	$806,148	+0.0%
Expenses	$764,880	$694,350	+0.1%
Net Income	$50,842	$111,798	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$113,779

Total Directors

$113,779

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SANJIV MODI	PRESIDENT/DIRECTOR	2.00	Officer Director	$0	$0	$0
TUSHAR R SHAH	SECRETARY	1.00	Officer Director	$0	$0	$0
NIRAJ S SHAH	DIRECTOR	1.00	Director	$0	$0	$0
BANSARI MODI	ADMINISTRATOR	40.00	Officer Director	$95,569	$18,210	$113,779

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
2025	$815,722	$764,880	$1,049,201	$50,842
2024	$806,148	$694,350	$1,273,534	$111,798
2023	$801,198	$676,556	$1,239,978	$124,642
2022	$762,715	$555,027	$1,019,836	$207,688
2021	$541,667	$468,862	$996,023	$72,805
2020	$486,594	$511,754	$975,293	$-25,160
2019	$568,123	$568,983	$827,291	$-860
2018	$522,950	$387,420	$851,773	$135,530

BANSAN FOUNDATION D/B/A FLOSSMOOR MONTESSORI SCHOOL