2020-02-11T16:29:44-06:00 2019-07-31 BKD LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2018-08-01 362535895 NEAR NORTH MONTESSORI SCHOOL % ROBERT HART NEAR 7733841434 1434 W DIVISION STREET CHICAGO IL 60642 GARY CLOUDMAN BOARD PRESIDENT 7733841434 2020-02-15 true Scott C Termine P00137961 6302829500 2019-02-15 167.68.126.162 15750420200425000007 2020-02-11 P 3D46489DC2E99ADF6971296D859D9B6A079856F1 74585A0D43C5A942BD076330935975E2792592B2 2018 2021-01-29 14:40:06Z AUDREY PERROTT 1434 WEST DIVISION STREET CHICAGO IL 60642 16870538 false X WWW.NNMS.ORG X 1963 IL NEAR NORTH MONTESSORI EDUCATES STUDENTS TO REACH THEIR INHERENT POTENTIAL. 17 17 190 750 0 0 3351908 1686647 11593112 12059559 289489 439044 409305 271121 15643814 14456371 765312 825001 0 0 8137054 8541880 0 0 551842 3314616 3085504 12216982 12452385 3426832 2003986 31858487 34642952 9947368 10858243 21911119 23784709 NEAR NORTH MONTESSORI EDUCATES STUDENTS TO REACH THEIR INHERENT POTENTIAL. A PARTNERSHIP BETWEEN HOME, SCHOOL AND THE COMMUNITY FOSTERS INTELLECTUAL GROWTH, INDEPENDENCE, RESPONSIBILITY, A RESPECT FOR DIFFERENCES AND A SENSE OF SELF-WORTH. false false 10034524 825001 12059559 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 573 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 childs 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 take flight. 10034524 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true false false false false false false true false false false true false false false false false false false false true 19 0 190 true false false false false false true true false false false false false false X 17 17 false false false false true true false true true false false true true true true true true true true false IL X ROBERT HART 7733841434 1434 WEST DIVISION STREET CHICAGO IL 60642 X Charles Hunter President - Ending 5/20/19 2.0 0.0 X X 0 0 0 Dan Menitoff Vice President 1.0 0.0 X X 0 0 0 Frederic Boyer Treasurer 1.0 0.0 X X 0 0 0 Heidi Schmid Whiting Secretary 1.5 0.0 X X 0 0 0 Jovita Baber Director - Ending 5/20/19 1.0 0.0 X 0 0 0 Mary Beyer Director 1.0 0.0 X 0 0 0 Gary Cloudman Director 1.0 0.0 X 0 0 0 Kamau Coar Director 1.0 0.0 X 0 0 0 Jace Cole Director 1.0 0.0 X 0 0 0 Richard Dresden Director 1.0 0.0 X 0 0 0 Randall Froeschle Director 1.0 0.0 X 0 0 0 Shubhra Jain Director 1.0 0.0 X 0 0 0 Kerl LaJeune Director 1.0 0.0 X 0 0 0 Ali Khan Director - Beginning 5/20/19 1.0 0.0 X 0 0 0 Ariel Litvin Director 1.0 0.0 X 0 0 0 Kim Nemirow Director - Beginning 5/20/19 1.0 0.0 X 0 0 0 Julianne Sampson Director 1.0 0.0 X 0 0 0 Reid Schar Director 1.0 0.0 X 0 0 0 Kate Sirkin Director - Ending 5/20/19 1.0 0.0 X 0 0 0 Matt Zweifel Director 1.0 0.0 X 0 0 0 Audrey Perrott Head of School 40.0 0.0 X 246418 0 23965 Robert Hart Finance & Ops Director 40.0 0.0 X 120698 0 3860 Linda Rudnick Controller 40.0 0.0 X 117420 0 22431 Chris Ambroso Junior High Director 40.0 0.0 X 107965 0 19634 Anne Bergen Elementary Director 40.0 0.0 X 106604 0 11381 699105 0 81271 5 false true false BULLEY ANDREWS 1755 W ARMITAGE AVE CHICAGO IL 60622 CONSTRUCTION 1629379 Ross Barney Architects PC 10 W HUBBARD STREET CHICAGO IL 60610 CONSTRUCTION 353584 Bruno Construction Masonry Inc 5648 W LAWRENCE CHICAGO IL 60630 CONTRUCTION 222250 3 43191 1643456 64347 1686647 TUITION & FEES 611110 12059559 12059559 0 0 12059559 318626 318626 0 0 0 0 0 2409752 2289334 120418 120418 120418 395954 43191 124833 271121 271121 0 0 0 0 0 0 0 14456371 12059559 0 710165 0 825001 825001 0 0 454943 90350 244126 120467 0 6362562 5344701 789132 228729 231304 197145 26643 7516 991740 724153 222331 45256 501331 401064 75200 25067 0 32558 32558 76790 76790 0 0 50657 50657 144851 68346 20567 55938 33405 31874 1531 194508 95246 81824 17438 89705 64809 20880 4016 0 222230 205511 13714 3005 0 0 70132 21611 17682 30839 304670 298577 4265 1828 0 769568 750118 14260 5190 105601 95504 9582 515 ACTIVITIES 391016 391016 CLASSROOM SUPPLIES 311761 311761 REPAIRS AND MAINTENANCE 148927 145950 2085 892 BAD DEBT 102210 102210 36915 3661 29639 3615 12452385 10034524 1866019 551842 250 1700 2642525 3505775 2266382 1864189 22081 37630 0 0 0 0 26646 27885 0 0 105528 128955 29576330 8104005 19278635 21472325 7492285 7588329 0 0 0 0 24155 16164 0 0 31858487 34642952 462813 2106877 0 0 1732692 1569914 7747744 7180333 0 0 0 0 0 0 0 0 4119 1119 9947368 10858243 X 19285768 22878383 2625350 0 0 906326 21911119 23784709 31858487 34642952 2003986 -130396 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5312105 0 174667 36513 5450259 4901019 0 457811 35885 5322945 4445519 1300 486731 32531 4901019 4416970 1700 55857 29008 4445519 4278422 1700 156542 19694 4416970 1.00000 false false 0 4040208 4040208 0 8259875 2961665 5571946 0 13607326 5362249 8711918 0 556793 541668 36125 0 3112128 3112128 21472325 0 CAPITAL LEASE 1119 1119 X 13450317 -130396 -825001 -955397 14405714 50657 50657 14456371 11576727 11576727 50657 825001 875658 12452385 SCHEDULE D, PART V, LINE 4 THE PURPOSE OF THE BOARD DESIGNATED ENDOWMENT FUND IS TO PROVIDE NNMS WITH FINANCIAL FLEXIBILITY THAT COMES FROM HAVING A SECURE CAPITAL BASE. THE LONG-TERM GOAL OF THE FUND IS FOR IT TO GROW TO AN AMOUNT CONSIDERED SUFFICIENT BY THE BOARD WHEREBY REGULAR WITHDRAWALS CAN BE MADE FROM THE INVESTED CAPITAL AND USED FOR ONGOING OPERATIONS, REDUCING PRESSURE ON TUITION, OR FOR OTHER SPECIFIED PURPOSES AS DETERMINED BY THE BOARD. SCHEDULE D, PART X, LINE 2 THE SCHOOL IS INCORPORATED UNDER THE LAWS OF THE STATE OF ILLINOIS AS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE THE TAX YEAR ENDED JULY 31, 2016. SCHEDULE D, PART XI, LINE 2D GRANTS TO INDIVIDUALS FOR FINANCIAL AID: $825,001. SCHEDULE D, PART XII, LINE 4B GRANTS TO INDIVIDUALS FOR FINANCIAL AID: $825,001. true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 NNM PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER MEDIA DURING THE SOLICITATION FOR STUDENTS, AND ALSO VIA THE WEBSITE, BROCHURES AND OTHER SCHOOL LITERATURE. BIG NIGHT 418722 43191 375531 53655 38124 1000 27793 HALLOWEEN PARTY 20423 20423 649 1655 1957 0 439145 43191 395954 53655 38773 2655 29750 124833 271121 true SCHOLARSHIPS 88 825001 SCHEDULE I, PART I, LINE 2 APPLICANTS ARE REQUIRED TO SUBMIT AN APPLICATION AND PROVIDE THEIR TAX RETURN ALL APPLICATIONS ARE REVIEWED TO DETERMINE NEED AND ALL INFORMATION, INCLUDING NOTES, ARE RETAINED ON AN ELECTRONIC FILING SYSTEM. X X X X false false false false false false false false false Audrey Perrott Head of School 246418 11437 12528 270383 A ILLINOIS FINANCE AUTHORITY 861091967 2011-12-21 10000000 REFUND PRIOR ISSUE, ISSUED 05/27/2 false false false A 2570000 0 10000000 0 0 0 378485 0 0 0 10000000 0 2012 true false true true A false false false false 0 false false false true A false false true false false false 0 false 0 false true A true SCHEDULE K, PART 1, COLUMN F ON MAY 27, 2009, THE ILLINOIS FINANCE AUTHORITY ISSUED $12,000,000 OF Educational facility revenue bond series 2009 to mb financial bank in order to loan the proceeds of the bond to near north montessori school for the purpose of financing or reimbursing certain costs of the facilities. On december 21, 2011, $10,000,000 of the original bond issue was reissued as a new educational facility revenue bond, amended series 2009 (amended bond). Additionally, on january 13,2012, $1,000,000 of the original bond issue was reissued as a new educational facility revenue bond, 2012 amended series 2009. On january 28, 2014, the school paid off the educational facility revenue bond, 2012 amended series 2009 with a final payment of $996,626. Total principal payments on the bonds up to and including the years ended july 31, 2019 and 2018, were $3,570,000 and $2,990,000, respectively. At july 31, 2019 and 2018, $7,430,000 and $8,010,000, respectively, was outstanding on the bond payable. 25000 Tuition Assistance Financial Hardship SCHEDULE L, PART III, LINE 1 Tuition assistance was given to family members of interested persons under the same process, terms and conditions as those for the general public. The names of these individuals are not subject to public disclosure. X 7 64347 FMV false true false FORM 990, PART VI, LINE 1A ALL VOTING RIGHTS ARE THE SAME. ON OCCASION, THE FULL BOARD DELEGATES AUTHORITY TO THE EXECUTIVE COMMITTEE FOR SPECIFIC TASKS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS, CONSISTING OF EACH OF THE PARENTS OF CHILDREN WHO ARE ENROLLED IN THE SCHOOL FOR CURRENT INSTRUCTION. A PARENT SHALL CEASE TO BE A MEMBER OF THE CORPORATION UPON THE GRADUATION, DISMISSAL OR WITHDRAWAL FROM THE SCHOOL OF THE PARENTS' CHILD OR CHILDREN, PROVIDED, HOWEVER, THAT NO MEMBERSHIP SHALL BE TERMINATED BECAUSE ANY OF THE PARENTS' CHILDREN ARE NOT ATTENDING ANY SUMMER SESSION THAT MAY BE OFFERED. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CORPORATION ELECT THE DIRECTORS AT EACH ANNUAL ELECTION. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER AND THE FINANCE AND OPERATIONS DIRECTOR RECEIVE THE COMPLETED FORM 990 FROM THE ACCOUNTING FIRM. THE CONTROLLER AND THE FINANCE AND OPERATIONS DIRECTOR REVIEW THE FORM FOR ACCURACY AND SUBMIT THE COMPLETED FORM TO THE CHAIR OF THE AUDIT COMMITTEE, WHO REVIEWS THE FORM FOR ACCURACY. AFTER THE CHAIR OF THE AUDIT COMMITTEE AND THE CONTROLLER AND THE FINANCE AND OPERATIONS DIRECTOR HAVE COMPLETED THEIR REVIEW, THE FORM 990 IS MADE AVAILABLE BY EMAIL TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. UPON BOARD OR EXECUTIVE COMMITTEE APPROVAL OF THE AUDIT REPORT AND FORM 990, THE BOARD PRESIDENT SIGNS BOTH THE FEDERAL AND STATE RETURNS TO BE FILED IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 12C IN SEPTEMBER OF EACH YEAR, THE CONTROLLER AND/OR THE FINANCE AND OPERATIONS DIRECTOR DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND THE ANNUAL AFFIRMATION FORM TO ALL INTERESTED PERSONS. (I.E. VOTING MEMBERS OF THE BOARD, VOTING MEMBERS OF ANY COMMITTEES OF THE BOARD; THE SCHOOL'S HEAD OF SCHOOL, FINANCE AND OPERATIONS DIRECTOR, DEVELOPMENT DIRECTOR, LOWER SCHOOL DIRECTOR, ELEMENTARY SCHOOL DIRECTOR, UPPER SCHOOL DIRECTOR, HUMAN RESOURCES DIRECTOR AND DIVERSITY DIRECTOR). THE ANNUAL AFFIRMATION FORM IS SIGNED BY ALL INTERESTED PERSONS, AFFIRMING THAT THE INDIVIDUAL RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; THAT THEY HAVE READ THE POLICY; THAT THEY AGREE TO COMPLY WITH THE POLICY AND THAT THEY UNDERSTAND THAT THE SCHOOL IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE IN ACTIVITIES WHICH PRIMARILY ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. THE SIGNED FORM IS GIVEN TO THE CONTROLLER AND /OR THE FINANCE AND OPERATIONS DIRECTOR, WHO CHECK TO MAKE SURE THE FORMS ARE ALL AFFIRMATIVE, AND THEN MAINTAIN THE FORMS ON FILE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE SCHOOL'S BOARD OF DIRECTORS WHICH INCLUDES THE PRESIDENT OF THE BOARD (WITH ASSISTANCE FROM THE HUMAN RESOURCES DIRECTOR AND THE FINANCE AND OPERATIONS DIRECTOR, WHEN APPLICABLE), LEADS THE PROCESS TO MARKET PRICE THE JOB OF THE HEAD OF SCHOOL. THIS PROCESS IS FOLLOWED WHEN A HEAD OF SCHOOL IS HIRED AS WELL AS EACH TIME A HEAD OF SCHOOL'S CONTRACT IS RENEWED. (THE HEAD OF SCHOOL'S 3-YEAR CONTRACT WAS RENEWED 8/1/2018.) THIS PROCESS CONSISTS OF 1) GATHERING COMPENSATION DATA FROM COMPARABLE DATA SOURCES, ENSURING THAT APPLICABLE JOB PERFORMANCE IS TAKEN INTO ACCOUNT; 2) DETERMINING A WAGE CONSISTENT WITH THOSE FINDINGS WHILE ENSURING THAT THE RESULTING COMPENSATION FALLS WITHIN THE BOARD APPROVED BUDGET FOR STAFF EXPENSES; 3) PRESENTING A RECOMMENDATION TO THE BOARD OF DIRECTORS AS TO THE COMPENSATION OF THE HEAD OF SCHOOL FOR APPROVAL BY THE BOARD; AND 4) DOCUMENTING THE DECISION OF THE BOARD IN THE BOARD MINUTES. DISCUSSION OF COMPENSATION IS HELD IN A CLOSED SESSION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15B THE HEAD OF SCHOOL, HUMAN RESOURCES DIRECTOR AND THE FINANCE AND OPERATIONS DIRECTOR LEAD THE PROCESS TO MARKET PRICE THE JOBS OF OTHER DIRECTORS OR KEY EMPLOYEES. THE COMPENSATION COMMITTEE MAY ASSIST OR REVIEW GENERAL COMPENSATION RANGES FOR THESE ROLES. THIS PROCESS IS FOLLOWED WHEN A DIRECTOR/KEY EMPLOYEE IS HIRED AS WELL AS EACH TIME A DIRECTOR/KEY EMPLOYEE'S SALARY IS ADJUSTED. THIS PROCESS CONSISTS OF GATHERING COMPENSATION DATA FROM COMPARABLE DATA SOURCES, ENSURING THAT APPLICABLE JOB PERFORMANCE IS TAKEN INTO ACCOUNT, AND ULTIMATELY DETERMINING A WAGE CONSISTENT WITH THOSE FINDINGS WHILE ENSURING THAT THE RESULTING COMPENSATION FALLS WITHIN THE BOARD APPROVED BUDGET FOR STAFF EXPENSES. A WAGE REVIEW IS DONE ANNUALLY AS THE BUDGET IS BEING DETERMINED AND AGAIN PRIOR TO AUGUST 1 OF EACH YEAR, WHEN NEW WAGES TAKE EFFECT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PDF VERSIONS ARE AVAILABLE AT NO CHARGE AND WILL BE PROVIDED WITHIN 5 BUSINESS DAYS OF THE REQUEST (OR AS SOON AS ADMINISTRATIVELY POSSIBLE). PRINTED COPIES WILL BE PROVIDED WITHIN 7-10 BUSINESS DAYS OF THE REQUEST (OR AS SOON AS ADMINISTRATIVELY POSSIBLE). THE SCHOOL RESERVES THE RIGHT TO CHARGE A REASONABLE COPYING FEE PLUS POSTAGE FOR REQUESTS FOR PRINTED COPIES.