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Council Oak Montessori School Ltd

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$838k (2023)

Expenses
$694k (2023)

Total Assets
$859k (2023)

Total Liabilities
$638k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$837,561
Expenses
$693,824
Net Income
$143,737
Net Assets
$220,126
Notable Sources of Revenue Percent of Total Revenue
Contributions $74,445
8.9%
Program Services $713,027
85.1%
Investment Income $400
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $20,670
2.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,019
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $69,844
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $373,537
53.8%
Assets/Debt
Total Assets $858,561
Total Liabilities $638,435
Net Assets $220,126
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $69,844 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$825,436
Expenses
$579,250
Net Income
$246,186
Net Assets
$76,387
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,138
19.6%
Program Services $652,124
79.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $11,174
1.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $51,479
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $291,957
50.4%
Assets/Debt
Total Assets $686,887
Total Liabilities $610,500
Net Assets $76,387
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $51,479 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$457,144
Expenses
$532,315
Net Income
-$75,171
Net Assets
-$169,800
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,908
4.6%
Program Services $433,946
94.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,290
0.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,251
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $274,881
51.6%
Assets/Debt
Total Assets $582,396
Total Liabilities $752,196
Net Assets -$169,800
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $43,250 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$599,268
Expenses
$650,696
Net Income
-$51,428
Net Assets
-$179,290
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,481
1.1%
Program Services $579,572
96.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $13,094
2.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $121
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $46,000
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $350,727
53.9%
Assets/Debt
Total Assets $524,038
Total Liabilities $703,328
Net Assets -$179,290
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $46,000 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$549,142
Expenses
$592,216
Net Income
-$43,074
Net Assets
-$127,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,350
0.8%
Program Services $509,685
92.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $31,888
5.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,219
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $48,333
8.2%
Professional Fundraising Fees $0
Other Salaries and Wages $307,688
52.0%
Assets/Debt
Total Assets $421,184
Total Liabilities $549,045
Net Assets -$127,861
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $48,333 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$482,138
Expenses
$533,881
Net Income
-$51,743
Net Assets
-$84,787
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,182
0.9%
Program Services $443,880
92.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $34,076
7.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,229
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $268,098
50.2%
Assets/Debt
Total Assets $412,049
Total Liabilities $496,836
Net Assets -$84,787
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $46,229 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$391,451
Expenses
$401,339
Net Income
-$9,888
Net Assets
-$33,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $345,819
88.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $45,632
11.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $86,646
21.6%
Professional Fundraising Fees $0
Other Salaries and Wages $163,534
40.7%
Assets/Debt
Total Assets $41,730
Total Liabilities $74,774
Net Assets -$33,044
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Director) $45,583 $0 $0
Doris Cox (Form Secretary) $38,500 $0 $0
Marsha Enright (Form President Treas) $2,562 $0 $0
Karen Brienzo (Form Vice President) $0 $0 $0
Igor Jokanovic (President) $0 $0 $0
Davor Jokanovic (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$533,911
Expenses
$577,704
Net Income
-$43,793
Net Assets
-$23,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,322
1.7%
Program Services $482,161
90.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $42,428
7.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $123,154
21.3%
Professional Fundraising Fees $0
Other Salaries and Wages $241,875
41.9%
Assets/Debt
Total Assets $44,613
Total Liabilities $67,769
Net Assets -$23,156
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lila Jokanovic (Executive Di) $48,164 $0 $0
Doris Cox (Secretary) $45,202 $0 $0
Marsha Enright (President/Tr) $29,788 $0 $0
Karen Brienzo (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$588,371
Expenses
$602,051
Net Income
-$13,680
Net Assets
$20,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,728
0.3%
Program Services $541,116
92.0%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $45,525
7.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $112,224
18.6%
Professional Fundraising Fees $0
Other Salaries and Wages $238,172
39.6%
Assets/Debt
Total Assets $97,085
Total Liabilities $76,448
Net Assets $20,637

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$569,765
Expenses
$577,373
Net Income
-$7,608
Net Assets
$34,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,012
0.7%
Program Services $554,209
97.3%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $11,540
2.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $111,479
19.3%
Professional Fundraising Fees $0
Other Salaries and Wages $248,472
43.0%
Assets/Debt
Total Assets $93,010
Total Liabilities $58,693
Net Assets $34,317

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$624,226
Expenses
$598,144
Net Income
$26,082
Net Assets
$41,925
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,246
0.7%
Program Services $606,354
97.1%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $13,622
2.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $124,076
20.7%
Professional Fundraising Fees $0
Other Salaries and Wages $248,926
41.6%
Assets/Debt
Total Assets $86,392
Total Liabilities $44,467
Net Assets $41,925

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$640,745
Expenses
$652,904
Net Income
-$12,159
Net Assets
$15,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,343
0.4%
Program Services $609,315
95.1%
Investment Income $14
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $29,073
4.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $144,357
22.1%
Professional Fundraising Fees $0
Other Salaries and Wages $294,802
45.2%
Assets/Debt
Total Assets $82,888
Total Liabilities $67,045
Net Assets $15,843

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$656,668
Expenses
$696,194
Net Income
-$39,526
Net Assets
$28,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,444
1.3%
Program Services $629,687
95.9%
Investment Income $52
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $18,485
2.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $161,700
23.2%
Professional Fundraising Fees $0
Other Salaries and Wages $293,207
42.1%
Assets/Debt
Total Assets $89,196
Total Liabilities $61,194
Net Assets $28,002

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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