GLENVIEW METHODIST PRESCHOOL INC

EIN: 362558287 501(c)(3) Education

GLENVIEW, IL

Total Revenue
$856,379
Total Expenses
$698,281
Total Assets
$1,336,412
Net Assets
$1,006,284
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
IL
Principal Officer
KATELYNN FIELDS
Phone
8477293606
Tax Period
2024-08-01 to 2025-07-31

GLENVIEW METHODIST PRESCHOOL INC, founded in 1968, is a small nonprofit in the Education sector that reported $856K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 18% operating margin.

Mission

GLENVIEW METHODIST PRESCHOOL IS AN INDEPENDENT, NON-DENOMINATIONAL, PLAY-BASED PRESCHOOL PROVIDING EDUCATION AND ENRICHMENT PROGRAMS FOR CHILDREN AGES 2 1/2 TO 5.

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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 $97,071
Program Service Revenue $683,688
Investment Income $28,288
Other Revenue $47,332
TOTAL REVENUE $856,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $505,723
Fundraising Expenses $0
Program Expenses $643,732
Other Expenses $192,558
TOTAL EXPENSES $698,281

Year-over-Year Comparison

2024 2023 Change
Revenue $856,379 $600,568 +0.4%
Expenses $698,281 $595,630 +0.2%
Net Income $158,098 $4,938 +31.0%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
27
Independent Members
26
Employees
27
Volunteers
26

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
3
$0
Total Directors
27
$80,501
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATELYNN FIELDS PRESIDENT 5.00
Officer Director
$0 $0 $0
KAREN COAN EXECUTIVE DIRECTOR 40.00
Director
$80,501 $0 $80,501
LEIA ROSSMAN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
LAURA HAPP DIRECTOR 5.00
Director
$0 $0 $0
JUDY SORMAZ TREASURER 5.00
Director
$0 $0 $0
KATHLEEN CHRISTELL DIRECTOR 5.00
Director
$0 $0 $0
JENNY KOSOFF SECRETARY 5.00
Officer Director
$0 $0 $0
JENNA BARRETT DIRECTOR 5.00
Director
$0 $0 $0
STEPHANIE KNAPP DIRECTOR 5.00
Director
$0 $0 $0
KATIE KURTZNER DIRECTOR 5.00
Director
$0 $0 $0
CLAUDIA MINNER DIRECTOR 5.00
Director
$0 $0 $0
SAM TRYBALSKI DIRECTOR 5.00
Director
$0 $0 $0
ALEX SIMON DIRECTOR 5.00
Director
$0 $0 $0
MEGAN LYNCH DIRECTOR 5.00
Director
$0 $0 $0
ELYSE MARTINSEN DIRECTOR 5.00
Director
$0 $0 $0
ANDREA CAIRO DIRECTOR 5.00
Director
$0 $0 $0
NICOLE BIALK RAHBAR DIRECTOR 5.00
Director
$0 $0 $0
MEGAN BOCK DIRECTOR 5.00
Director
$0 $0 $0
MARISSA BUCHAN DIRECTOR 5.00
Director
$0 $0 $0
CHRISTINE DAMICO DIRECTOR 5.00
Director
$0 $0 $0
JACKI KELSEY DIRECTOR 5.00
Director
$0 $0 $0
LAUREN PRIOR DIRECTOR 5.00
Director
$0 $0 $0
KELLY WOLFE DIRECTOR 5.00
Director
$0 $0 $0
CATHY MISHRA DIRECTOR 5.00
Director
$0 $0 $0
SARAH SCHOENEBERG DIRECTOR 5.00
Director
$0 $0 $0
ALICIA SMIGIEL DIRECTOR 5.00
Director
$0 $0 $0
JESSIE MUROKH DIRECTOR 5.00
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 $856,379 $698,281 $1,336,412 $158,098
2024 $600,568 $595,630 $1,105,532 $4,938
2023 $617,644 $578,955 $1,080,820 $38,689
2022 $804,489 $547,299 $993,403 $257,190
2021 $709,539 $485,195 $791,038 $224,344
2020 $443,096 $448,763 $555,704 $-5,667
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