Mary Meyer School

EIN: 362231801 501(c)(3)

Chicago, IL

Total Revenue
$641,554
Total Expenses
$624,002
Total Assets
$1,823,101
Net Assets
$1,823,101
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
IL
Principal Officer
Julia Martinez-Beiter
Phone
7735490870
Tax Period
2024-08-01 to 2025-07-31

Mary Meyer School, founded in 1944, is a small nonprofit that reported $642K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $1.8M represent 34 months of operating reserves.

Mission

Mary Meyer School is a family-centered learning facility deriving its strength and intimacy from the involvement of parents and community. The commitment to the cherished founding philosophy of letting children be children has endured for more than seventy-five years. Parent involvement has remained a central tenet of the School and has bound one generation to the next, assuring a warm and meaningful experience for all children who attend. Mary Meyer School is an independent, non-profit and self-supporting school welcoming two, three and four year old children from throughout Chicago, striving to maintain a diverse student body. The teachers' experience and commitment are among the School's greatest assets as they understand the importance of a child's first encounter with a structured learning environment.

Program Service Accomplishments

Program 1
Expenses: $433,181 Revenue: $416,809

To educate children prior to their entry into an elementary level education program. Parent involvement is strongly encouraged, assuring a warm and meaningful experience for all children who attend...

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To educate children prior to their entry into an elementary level education program. Parent involvement is strongly encouraged, assuring a warm and meaningful experience for all children who attend. The school serves approximately 45 children annually.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $115,041
Program Service Revenue $416,809
Investment Income $58,902
Other Revenue $50,802
TOTAL REVENUE $641,554

Expense Breakdown

Grants Paid $0
Salaries & Benefits $456,625
Fundraising Expenses $73,492
Program Expenses $433,181
Other Expenses $167,377
TOTAL EXPENSES $624,002

Year-over-Year Comparison

2024 2023 Change
Revenue $641,554 $700,683 -0.1%
Expenses $624,002 $634,315 0.0%
Net Income $17,552 $66,368 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
7
Volunteers
65

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
5
$100,797
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ryan Ferrante President 1.50
Officer Director
$0 $0 $0
Ariele Scodro Vice President 0.50
Officer Director
$0 $0 $0
Ravi Mehta Treasurer 1.50
Officer Director
$0 $0 $0
Stephanie Cohen Secretary 0.50
Officer Director
$0 $0 $0
Loong Chen Director 0.50
Director
$0 $0 $0
Fatima Clouser Director 0.50
Director
$0 $0 $0
Callie Furste Director 0.50
Director
$0 $0 $0
Angela Levand Director 0.50
Director
$0 $0 $0
Julia Martinez Beiter Director 0.50
Director
$0 $0 $0
Marissa Gillman Schaefer Director 0.50
Director
$0 $0 $0
Darryl Smith Director 0.50
Director
$0 $0 $0
Niki Cordell Director 0.50
Director
$0 $0 $0
Lindsey Vismantas Director 0.50
Director
$0 $0 $0
Kevin O'Brien Executive Director 45.00
Officer
$100,797 $0 $100,797
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 $641,554 $624,002 $1,823,101 $17,552
2024 $700,683 $634,315 $1,805,549 $66,368
2023 $649,741 $573,464 $1,739,181 $76,277
2022 $607,447 $618,147 $1,662,904 $-10,700
2021 $596,468 $614,517 $1,713,693 $-18,049
2020 $555,573 $538,359 $1,687,457 $17,214
2019 $438,231 $558,376 $1,670,243 $-120,145
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