NEAR NORTH MONTESSORI SCHOOL

EIN: 362535895 501(c)(3) Education

CHICAGO, IL

Total Revenue
$16,963,985
Total Expenses
$17,849,456
Total Assets
$36,887,831
Net Assets
$26,917,310
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
IL
Principal Officer
RINA PATEL
Phone
7733841434
Tax Period
2024-08-01 to 2025-07-31

NEAR NORTH MONTESSORI SCHOOL, founded in 1963, is a mid-sized nonprofit in the Education sector that reported $17.0M in total revenue in fiscal year 2024.

Mission

NEAR NORTH MONTESSORI PREPARES STUDENTS FOR LIFE IN AN EVER CHANGING AND COMPLEX WORLD INSPIRING THEM TO REACH THEIR INHERENT POTENTIAL THROUGH MONTESSORI PHILOSOPHY AND WITH A STRONG PARENT-SCHOOL PARTNERSHIP.

Program Service Accomplishments

Program 1
Expenses: $13,461,361 Revenue: $15,334,933

NEAR NORTH MONTESSORI IS THE PLACE WHERE CHILDREN CAN SOAR. OUR SCHOOL DEVELOPS CURIOUS, MOTIVATED, AND ACCOMPLISHED LIFELONG LEARNERS FROM PRE-SCHOOL THROUGH 8TH GRADE VIA AN ENVIRONMENT AND...

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NEAR NORTH MONTESSORI IS THE PLACE WHERE CHILDREN CAN SOAR. OUR SCHOOL DEVELOPS CURIOUS, MOTIVATED, AND ACCOMPLISHED LIFELONG LEARNERS FROM PRE-SCHOOL THROUGH 8TH GRADE VIA AN ENVIRONMENT AND MONTESSORI APPROACH UNIQUE TO OUR SCHOOL. LOCATED IN THE WICKER PARK NEIGHBORHOOD OF CHICAGO, OUR FAMILIES DRAW FROM OVER 40 NEIGHBORHOODS ACROSS CHICAGO AND THE SURROUNDING AREAS.HERE YOU WILL NOT FIND THE TRADITIONAL LINEUP OF DESKS IN ROWS, TEXTBOOKS AND MIND-NUMBING ROTE MEMORIZATION. WHAT YOU WILL FIND ARE DYNAMIC LEARNING LABORATORIES - A SCHOOL ALIVE WITH STUDENTS EXPLORING QUESTIONS ABOUT THE WORLD AROUND THEM. CLASSROOMS ARE VIBRANT COMMUNITIES, EACH ORGANIZED BY AGE LEVELS, WHERE STUDENTS SPEND THREE YEARS LEARNING AND GROWING TOGETHER. TEACHERS CAREFULLY ORCHESTRATE THE STUDENTS' JOURNEY, WITH THE TRAJECTORY OF EACH INDIVIDUAL STUDENT FINE-TUNED PRIOR TO LAUNCH. TEACHERS QUESTION, CHALLENGE, AND INSPIRE STUDENTS. THEY LOOK FOR WAYS TO SPARK CREATIVITY AND IMAGINATION. THEY CULTIVATE THE THREE RS: RESPECT, RESPONSIBILITY AND RESILIENCE. ALL CLASSROOM TEACHERS ARE TRAINED IN THE MONTESSORI METHOD, AND EACH LEAD TEACHER HOLDS A CREDENTIAL FROM ASSOCIATION MONTESSORI INTERNATIONALE (AMI), THE AMERICAN MONTESSORI SOCIETY (AMS), OR NORTH AMERICAN MONTESSORI TEACHERS ASSOCIATION (NAMTA).IN THE CLASSROOM AND AS A COMMUNITY, WE TAKE A PURPOSEFUL, FEARLESS LOOK AT OURSELVES, OUR DIFFERENCES, AND OUR CONNECTIONS. HERE, DIVERSITY OF OUR APPROXIMATELY 550 STUDENTS AND 140 FACULTY AND STAFF CAN BE RACE, ETHNICITY, RELIGION, GENDER, ECONOMIC STATUS OR LEARNING DIFFERENCES. OUR COMMITMENT TO DIVERSITY PROMOTES AN ENVIRONMENT OF RESPECT BASED ON EQUITY AND INCLUSION IN WHICH STUDENTS BECOME ALLIES FOR EACH OTHER WHILE DEVELOPING AWARENESS OF SOCIAL AND GLOBAL JUSTICE ISSUES.OUR PROGRAM EXTENDS BEYOND THE SCHOOL DAY WITH MORNING AND AFTERNOON CARE ALONG WITH A VARIETY OF SPECIALIZED AFTER SCHOOL CLASSES. DURING THE SUMMER, STUDENTS CAN PARTAKE IN AN ARRAY OF GENERAL AND SPECIALIZED CAMPS TO SUIT THE CHILD'S INTEREST, EACH APPROACHED WITH OUR MONTESSORI PHILOSOPHY.NEAR NORTH MONTESSORI IS A POWERFUL EDUCATIONAL EXPERIENCE, DRAWING ITS ENERGY AND INSPIRATION FROM THE STUDENTS, FAMILIES AND TEACHERS WHO CALL THIS SCHOOL HOME. TOGETHER, WE WORK TO CREATE A WARM, WELCOMING COMMUNITY WHERE YOUNG HEARTS AND MINDS TAKEFLIGHT.

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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 $947,173
Program Service Revenue $15,334,933
Investment Income $500,513
Other Revenue $181,366
TOTAL REVENUE $16,963,985

Expense Breakdown

Grants Paid $1,933,899
Salaries & Benefits $12,031,530
Fundraising Expenses $323,372
Program Expenses $13,461,361
Other Expenses $3,884,027
TOTAL EXPENSES $17,849,456

Year-over-Year Comparison

2024 2023 Change
Revenue $16,963,985 $15,850,148 +0.1%
Expenses $17,849,456 $16,509,480 +0.1%
Net Income $-885,471 $-659,332 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
20
Employees
188
Volunteers
750

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
7
$775,698
Total Directors
21
$29,113
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLEY PINCKNEY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GARY CLOUDMAN TREASURER 2.00
Officer Director
$0 $0 $0
SACHIN MASTER SECRETARY 2.00
Officer Director
$0 $0 $0
RINA PATEL PRESIDENT 2.00
Officer Director
$0 $0 $0
KATHLEEN ST LOUIS CALIENTO PHD MEMBER 1.00
Director
$0 $0 $0
ALI KHAN MEMBER 1.00
Director
$0 $0 $0
TAYLOR DUGAS MEMBER 1.00
Director
$0 $0 $0
SARAH BERGHORST MEMBER 1.00
Director
$0 $0 $0
PUJA SINGH PATEL MEMBER 1.00
Director
$0 $0 $0
PRIYANKA RUPANI MEMBER 1.00
Director
$0 $0 $0
PAUL DO MEMBER 1.00
Director
$29,113 $0 $29,113
LEE CLARK MEMBER 1.00
Director
$0 $0 $0
LAWRENCE TANZMAN MEMBER 1.00
Director
$0 $0 $0
JAY BEIDLER MEMBER 1.00
Director
$0 $0 $0
ERIKA FAULKNER MEMBER 1.00
Director
$0 $0 $0
DENISE TOLLINCHE MEMBER 1.00
Director
$0 $0 $0
DAN SULLIVAN MEMBER 1.00
Director
$0 $0 $0
CAROLINE KO MEMBER 1.00
Director
$0 $0 $0
BHUMIKA GASHTI MEMBER 1.00
Director
$0 $0 $0
TIM FORRESTER MEMBER 1.00
Director
$0 $0 $0
TONY SUTTON MEMBER 1.00
Director
$0 $0 $0
ANGELA G GARCIA HEAD OF SCHOOL 40.00
Officer
$338,772 $48,243 $387,015
ROBERT HART FINANCE & OPERATIONS DIREC 40.00
Officer
$185,399 $10,811 $196,210
HANNAH RICHARDSON FORMER ACTING HEAD OF SCHOOL 40.00
Officer
$192,473 $0 $192,473
CHRISTOPHER AMBROSO ASSOCIATE HEAD OF SCHOOL 40.00
Highest
$136,932 $29,686 $166,618
NATHAN LYONS ATHLETIC DIRECTOR 40.00
Highest
$101,990 $27,043 $129,033
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 $16,963,985 $17,849,456 $36,887,831 $-885,471
2024 $15,850,148 $16,509,480 $36,291,168 $-659,332
2023 $14,229,024 $15,374,422 $36,509,531 $-1,145,398
2022 $16,084,683 $14,368,386 $37,360,580 $1,716,297
2021 $16,517,378 $13,413,962 $38,573,944 $3,103,416
2020 $13,663,917 $12,951,413 $34,338,639 $712,504
2019 $14,456,371 $12,452,385 $34,642,952 $2,003,986
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