Cornerspring Montessori School

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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

2007

Legal Domicile

Principal Officer

Geir Gasiednes

Phone

2073385800

Tax Period

2023-09-01 to 2024-08-31

Cornerspring Montessori School, founded in 2007, is a small nonprofit in the Education sector that reported $961K in total revenue in fiscal year 2023.

Mission

The Cornerspring Montessori School's purpose is to provide a learning environment in which children are able to reach their individual potential.

Program Service Accomplishments

Program 1

Expenses: $711,440 Revenue: $883,512

Cornerspring Montessori School provides private educational services to todler, preschool and elementary school levels. The Montessori approach is designed to assist children in acquiring the social skills and self confidence needed to achieve their potential. The School does this by building on the interests of the children, nurturing enthusiasm and making activities available that fit individual needs.Cornerspring Montessori School also offers before and after school programs for students who attend public schools and also a summer camp that spans between 4-8 weeks depending on the year and enrollment.As of 08/31/24, Cornerspring Montessori School had 93 students enrolled.

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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 (2023)

Revenue Breakdown

Contributions & Grants $57,824

Program Service Revenue $883,512

Investment Income $140

Other Revenue $19,531

TOTAL REVENUE $961,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $711,744

Fundraising Expenses $76

Program Expenses $711,440

Other Expenses $250,241

TOTAL EXPENSES $961,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$961,007	$949,130	+0.0%
Expenses	$961,985	$915,683	+0.1%
Net Income	$-978	$33,447	-1.0%

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

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mica Schweitzer-Bluhm	Secretary	2.00	Officer Director	$0	$0	$0
Jennifer Albee	Treasurer	3.00	Officer Director	$0	$0	$0
Dottie Cole	Director	1.00	Director	$0	$0	$0
Geir Gasiednes	President	5.00	Officer Director	$0	$0	$0
Jed Kriegel	Director	1.00	Director	$0	$0	$0
Meghan Barker	Director	2.00	Director	$0	$0	$0
Susan J Beemer	Head of School	40.00	Officer Director	$0	$0	$0
Geoff Bird	Vice President	3.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	$961,007	$961,985	$2,030,736	$-978
2023	$949,130	$915,683	$2,146,073	$33,447
2022	$928,484	$856,471	$2,166,731	$72,013
2021	$1,009,223	$773,210	$2,009,793	$236,013
2020	$616,626	$705,491	$1,643,766	$-88,865
2019	$518,949	$617,239	$1,616,668	$-98,290
2018	$523,395	$636,361	$1,724,622	$-112,966