Grand Lake Montessori Inc (EIN 942558375) - 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

1978

Legal Domicile

Principal Officer

Michael Sears

Phone

5106220259

Tax Period

2023-08-01 to 2024-07-31

Grand Lake Montessori Inc, founded in 1978, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $3.5M exceeded revenue, resulting in a 10% operating deficit.

Mission

To educate children ages 18 months to 12 years using Montessori principles and other innovative teaching practices.

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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 $52,597

Program Service Revenue $3,108,667

Investment Income $27,102

Other Revenue $0

TOTAL REVENUE $3,188,366

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $2,203,327

Fundraising Expenses $8,299

Program Expenses $2,738,877

Other Expenses $1,303,904

TOTAL EXPENSES $3,512,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,188,366	$2,774,166	+0.1%
Expenses	$3,512,731	$3,391,934	+0.0%
Net Income	$-324,365	$-617,768	-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

$149,690

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Sears	Board Member	1.00	Director	$0	$0	$0
John Campbell	Board Member	1.00	Director	$0	$0	$0
Eric Brown	Board Member	1.00	Director	$0	$0	$0
Monica MacDonald	Board Member	1.00	Director	$0	$0	$0
Tanya Susoev	Board Member	1.00	Director	$0	$0	$0
Alicia Cooper	Head of School	40.00	Officer	$149,690	$0	$149,690

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
2024	$3,188,366	$3,512,731	$3,048,982	$-324,365
2023	$2,774,166	$3,391,934	$3,166,954	$-617,768
2022	$3,971,648	$3,608,119	$3,466,498	$363,529
2021	$2,693,305	$3,158,866	$4,124,637	$-465,561
2020	$3,938,771	$3,895,896	$3,758,648	$42,875
2019	$4,066,204	$3,955,920	$3,877,351	$110,284
2018	$4,196,180	$3,492,305	$3,764,151	$703,875

Grand Lake Montessori Inc